Zipmex Launches the Frst Mobile Digital Asset Trading Application in Australia

Place/Date: Australia - May 21st, 2020 at 5:58 pm UTC · 3 min read
Source: Zipmex

  • Digital asset exchange provider Zipmex launches Australia’s first mobile trading app for cryptocurrencies.
  • The app follows Zipmex’s rollout of its services across Singapore, Australia, Indonesia and Thailand in 2019.
  • Zipmex aims to provide retail investors convenience to trade anywhere, anytime.

Asia-Pacific digital asset provider Zipmex has launched their mobile trading app. The platform is suited for all levels of cryptocurrency traders, enabling expanded trading opportunities, low fees and greater liquidity options on-the-go.

The registration and KYC process takes only five minutes and investors are able to start trading almost immediately. Zipmex has recently joined Blockchain Australia as a member and is in the process of being certified by the association.

The app can now be downloaded via the Apple app store and is available for both iOS and Android phones. The release follows the rollout of Zipmex services across Singapore, Australia, Indonesia and Thailand last year.

Zipmex Co-Founder and CEO Marcus Lim said:

“Zipmex has had a strong focus on bringing the same level of high-quality trades and features seen in the traditional stock market to the digital asset space. Our mobile app is a natural extension of that.”

The app enables instant deposits and withdrawals of both fiat currencies (USD, SGD) and digital assets (BTC, LTC, ETH, XRP) and has been built using the highest level of security, with an integration with BitGo as its custody solution.

In addition, the Zipmex mobile app includes a market analysis feature, providing users access to 24-hour transaction comparisons across volume and price.

Mr Lim said:

“Just like our desktop portal, users will be able to capitalise on Zipmex’s ability to aggregate volume from global exchanges and OTC desks into one platform, providing significantly higher liquidity and competitive prices.”

Zipmex is a regulated digital asset exchange and was recently granted licenses by the respective finance ministries in Thailand and Indonesia.

Mr Lim said:

“Regulation has been key to legitimising our market offering and we’re proud that Zipmex is one of only a handful of digital asset exchanges to be granted licenses in Thailand and Indonesia, which are now required by law in order to operate.”

Since launching, Zipmex has quickly become a popular digital asset exchange provider, with over AUD$60M traded within the first 6months of operating in Indonesia.

The company also achieved a market cap valuation of US$18 million in its first year, receiving significant investment from Infinity Blockchain Holdings.

Mr Lim stressed:

“As an alternative asset class digital assets have the potential to support financial inclusion and economic growth and we’re excited about opening up more trading opportunities through the Zipmex mobile app, facilitating easier trades at anytime from anywhere.”

Zipmex is a regulated digital currency exchange provider, seeking to become a market leader in the Asia Pacific region by offering fast trades, high liquidity, insurance on the custody of digital assets and a broad choice of cryptocurrencies.

About Zipmex

Zipmex is a digital asset exchange, formed by a team of financial and blockchain experts, providing retail and institutional investors the ability to invest securely in cryptocurrencies.

Together with a suite of advanced trading features and charting tools, Zipmex provides users with access to a liquid market for better pricings of cryptocurrencies. The emphasis on robust security and user interface throughout the platform ensures an exceptional trading experience. The company now facilitates fiat-to-crypto pairings in USD, SGD, IDR, and AUD.