CoinZoom Accelerates Wide-Scale Adoption Of Cryptocurrencies

RSS
Follow by Email
Facebook
Twitter
Whatsapp

With a variety of institutional-grade trading options, the full-featured crypto exchange CoinZoom is spearheading the blockchain revolution. From trading to a range of Visa cards, the platform is lowering crypto entry barriers.

Fully-Regulated & Compliant Platform Bolster’s Cryptos Uses

With hundreds of cryptocurrency exchanges and trading platforms across different blockchains, the concerns related to regulatory compliance are growing bigger. As governments and regulatory authorities crackdown on crypto exchanges that don’t adhere to the KYC and AML policies, more investors are now inclined to take their business to regulated exchange platforms.

Amidst the growing demand for fully-regulated platforms, CoinZoom, a US-based cryptocurrency exchange, distinguishes itself from competitors by offering a variety of services to both retail and institutional investors. The ‘next-generation cryptocurrency exchange’ incorporates a high level of security measures alongside many trading features, enabling safe and easy trade.

Launched in 2018, CoinZoom is registered in the US as a Money Service Business (MSB), operating across all 50 states and territories. Furthermore, the exchange is also registered under AUSTRAC, the Australian governing regulator that grants the Digital Currency Exchange License to financial exchanges. With customers scattered across 140 countries, CoinZoom has successfully organized compliance checks on millions of users while following the regulations of each country.

Meanwhile, the team behind CoinZoom, with decades of experience in regulatory and compliance policies, is expanding into Europe while awaiting approval of the EU E-Money License and the US BitLicense. As of now, CoinZoom has established a sister company, CoinZoom Europe Limited, registered in Ireland. 

CoinZoom users not only are a part of a fully-regulated ecosystem, but they can also trade more than 30 cryptocurrencies across 120 markets. In addition, the platform’s global presence, international trade licensing, and customer-centric approach make it appealing for institutional and retail traders alike.

Heralding A New Era Of Merchant Crypto Payment Acceptance

One of the significant obstacles in the widespread acceptance of cryptocurrencies is their limited use. Until recently, digital tokens couldn’t be used in everyday life. But CoinZoom has changed that forever. The platform offers a range of CoinZoom Visa Cards, which users can swipe across 53 million VISA merchant stores to pay in cryptos.

Powered by the VISA network, CoinZoom global debit cards come in five tiers, each tier offering different rewards, cashback, and discounts. Every time a user makes a payment using their card, their wallet’s crypto balance gets converted into fiat and transferred to the vendor.

Furthering its mission of making crypto accessible for all, CoinZoom also offers a remittance service, ZoomMe, enabling users to transfer crypto and fiat via a peer-to-peer model. The service is free to use and can be accessed from anywhere globally, making CoinZoom more than a trading platform.

CoinZoom has a line-up of several new features and market expansion in the upcoming months. Todd Crosland, CEO of CoinZoom, commented,

“We offer more than just an avenue for investing in crypto, we make it easy to spend your crypto through our Visa debit card, and send your crypto to friends and family overseas instantly for free through our ZoomMe feature. Our goal is to propel the global adoption of crypto forward and bring the complete crypto experience to the masses.”

Related posts:

Source: Read Full Article