DeFi

Zipmex Review Australia

Summary: Zipmex Australia is an easy to use and mobile-friendly cryptocurrency exchange that allows you to buy, sell and stake digital assets. They offer 0.2% fees, which is slightly higher than alternatives like CoinSpot who charge 0.1%.

By 
Timothy Wilson
 on  
May 26, 2022
Verified Author

Zipmex is one of the largest and most popular cryptocurrency exchanges in Australia and across South East Asia. Their trading platform offers hundreds of assets, crypto staking, low fees, and an easy-to-use iOS and Android mobile application.

In this Zipmex review, we will break down all of their key features to help you decide whether they are a suitable platform for your needs.

Table of Contents

The Zipmex Exchange

Zipmex's main feature is its cryptocurrency exchange that lets you buy and sell hundreds of different cryptos with AUD, USD or SGD. Their platform lists all of the major Cryptos like Bitcoin, Ethereum, Solana, Avalanche, and a wide variety of the most popular DeFi, Metaverse, GameFi and NFT tokens.

You can access the Zipmex exchange to trade Crypto in Australia through their Web app or iOS/Android app. We recommend their mobile app for the best user experience.

Zipmex Review
Zipmex digital asset trading platform landing page for Australia.


Zipmex Fees

Zipmex has a transparent fee structure based on 'Member Levels' on their platform. The base trading fee for Zipmex is 0.2% per trade, however becomes lower based on what VIP tier you are.

You can become a VIP by buying Zipmex (ZMT) tokens and locking them. The maximum discount you can get on trading fees by locking Zipmex Token (ZMT) is 50% off, which is very competitive.

Zipmex Fees
Zipmex transparent fee schedule.


Is Zipmex Safe and Regulated?

Zipmex is a secure and licensed Digital Currency Exchange in Australia. They are registered under ASIC with the ACN 632064076. Zipmex is also registered under AUSTRAC with a DCE license number of DCE100576214-001.

The founders behind Zipmex are also active in the blockchain community in Australia. They have recently become members of Blockchain Australia and Fintech Australia to help push Crypto to regulators in the country.


Zipmex Earn

The Zipmex digital asset investing platform also allows you to stake and earn cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), USDC (USDC) and USDT (USDT). You can earn up to 10% APY with US Dollar stablecoin staking on their platform if you are a VIP4.

Zipmex Earn
Cryptocurrency staking rates on Zipmex Earn.


Conclusion: Is Zipmex a Good Exchange?

Overall, Zipmex is a good exchange for investors in Australia or South East Asia to buy and stake cryptocurrencies. That said, they are definitely not the best exchange in Australia - with alternative platforms offering more coins, lower fees and more crypto staking options.

Zipmex Review
Available Cryptos 100+
Trading Fees 0.2% per trade
Fiat Deposit Options AUD, USD or SGD
Deposit Methods Bank Transfer, Credit Card, Debit Card, POLi, PayID/Osko
Cryptocurrency Staking Image
Regulated by ASIC Image
Overall Rating Image
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We recommend that you check out or CoinSpot Review or SwyftX Review for comparisons vs Zipmex to see why they may be better options.

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Author Bio

Timothy Wilson was a former Prop Trader for a notable crypto trading fund based in Hong-Kong. He built BCA after deciding he wanted to focus his career on educating new users about Crypto and DeFi.

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