Home ANTBITES (Media Releases) Singapore-based Australian entrepreneur launches a mobile crypto trading app

Singapore-based Australian entrepreneur launches a mobile crypto trading app

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Zipmex Co-Founder and CEO Marcus Lim
Zipmex Co-Founder and CEO Marcus Lim

Asia-Pacific digital asset provider Zipmex has launched a mobile trading app 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 also recently joined Blockchain Australia as a member as is in the process of being certified by the association.

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

“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,” said Zipmex Co-Founder and CEO Marcus Lim.

How exactly does Zipmex work?

The app enables instant deposits and withdrawals of both fiat currencies (USD, SGD) and 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 has a market analysis feature providing users access to 24-hour transaction comparisons across volume and price.

“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,” said Mr Lim.

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

“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,” said Mr Lim.

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.

“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 any time from anywhere,” said Mr Lim.

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.

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