How to buy Zipmex Token (ZMT) in Australia

Learn how to buy Zipmex Token (ZMT) easily by following a step-by-step guide and comparing 10+ crypto exchanges.

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How to buy Zipmex

1. Compare crypto exchanges

The easiest way to buy Zipmex is from a cryptocurrency exchange. Comparing in the table below lets you find one with the features you want such as low fees, ease of use or 24-hour customer support.

2. Create an account

To create an account on an exchange you will need to verify your email address and identity. Have some photo ID and your phone ready.

3. Make a deposit

Once verified, you can deposit $ using the payment method that best suits you – credit card, cryptocurrency, bank wire and bank transfer payments are widely accepted.

4. Buy Zipmex

You can now exchange your funds for Zipmex. On easier-to-use exchanges, this is as easy as entering the amount you want to purchase and clicking buy. If you like you can now withdraw your Zipmex to your personal wallet.

Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

Where to buy Zipmex in Australia

Find an exchange to buy, sell and trade ZMT by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the provider.

1 - 2 of 2
Name Product Deposit methods Fiat Currencies Cryptocurrencies
Bitfinex Professional Trading Exchange
Credit card, Cryptocurrency, Bank Wire
USD, EUR, GBP, JPY

190
cryptocurrencies

Cryptocurrencies are a highly volatile investment product. Your capital is at risk.
Spot trade all of the major cryptos on this full-featured exchange and margin trading platform.
Zipmex Cryptocurrency Exchange
Bank transfer, Cryptocurrency
USD, AUD, SGD, IDR

20
cryptocurrencies

Buy, sell and trade BTC, ETH, XRP, LTC, BCH, USDT, USDC, GOLD, C8P, LINK & 5+ more on this Singapore-based exchange.
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Compare up to 4 providers

Steps on how to buy Zipmex

Look for an exchange that supports both fiat and cryptocurrency to simplify buying Zipmex.

  1. Compare cryptocurrency exchanges that support ZMT.
    Cryptocurrency exchanges differ by fees, security and payment methods, so you'll need to research which is the right fit for you. As a beginner, you don't need a big range of features, and you can always change exchanges later.
  2. Create an account on an exchange.
    You can sign up for an account by selecting the Go to site button. This will take you to the account creation page, where you can fill in your details, starting with your name and email address..
  3. Deposit funds into your account.
    Fund your account with a bank transfer, pay with a credit or debit card or deposit cryptocurrency from a crypto wallet to buy Zipmex.
  4. Buy Zipmex.
    Complete your Zipmex purchase and then find the best wallet to store ZMT.
Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

What to consider when buying Zipmex

Like all investments, altcoins need to be thoroughly researched prior to committing funds. Here are a few factors to consider before investing in ZMT:

  • Security: The Zipmex exchange implements a high level of security to protect user’s accounts and funds from external threats. Most funds stored within the exchange are stored within cold storage wallets. In the event of a hack, the platform’s insurance policy with BitGo can also cover up to $100 million worth of losses. The level of security and insurance offered by Zipmex could help to encourage adoption, which could eventually lead to a demand for the native ZMT token.
  • Centralised control: While the token was developed for the Ethereum blockchain, the Zipmex ecosystem and, therefore ZMT token, are fully controlled by Zipmex Asia Pte. Ltd., a Singapore-based company. The future of the native ZMT token is directly correlated with the regulatory environment surrounding Zipmex Asia Pte. Ltd. The exchange appears to be working on several licenses to become fully compliant with Asia-Pacific regulatory requirements. Any defiance to accommodate regulatory requirements could negatively impact the ZMT token.
  • Competitors: There are hundreds of cryptocurrency exchanges within the cryptocurrency industry and several that offer a native cryptocurrency token. The Zipmex exchange and ZMT token will need to compete with exchanges such as Crypto.com (associated with CRO), Binance (associated with BNB), and FTX (associated with FTT).
  • Wide utility: Zipmex has continuously worked to expand the utility of the native ZMT token. New utility has been added as more products and services are added to its ecosystem. As of today, the token can be used within Zipmex, ZipSpend, ZipCard, ZLaunch, ZipWorld, ZipLend, and ZipStock. As the utility of a token grows, demand for the token can often increase accordingly.

How to sell Zipmex

You can cash out your ZMT with the same exchange you bought it through:

  1. Sign in to the exchange you have ZMT on.
    If you store your Zipmex in a digital wallet, compare crypto exchanges to sell it on.
  2. Place a sell order.
    Choose the amount of ZMT you'd like to sell.
  3. Complete your transaction.
    Confirm the sell price and fees and close your sale of Zipmex.

Disclaimer: Cryptocurrencies, including Zipmex, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of ZMT is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the Zipmex or any other cryptocurrency discussed.

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