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Rated 1 out of 5 stars

An unmitigated sham. Any company that is incompetent enough to put themselves in a situation where they freeze their customers funds! And then probably declare insolvency. It’s always the investors th... See more

Rated 1 out of 5 stars

They require way too many details when signing up even the recording of a video of you turning your head and saying certain numbers. Wonder who they are selling this to. Every time Ive tried to sign u... See more

Company replied

Rated 5 out of 5 stars

I've applied a LOT of professional skepticism towards ZipMex, done my due diligence, and it all checks out. I've also met the Founder/CEO, and he's a great guy with great foresight. Their support is s... See more

Company replied

Rated 1 out of 5 stars

Impossible to get the video working with this site. Uploaded DL details but cannot get any further than that. Somewhat frustrating 30 minutes - camera and video is fine but won't move beyond "Record... See more

Company details

  1. Cryptocurrency Service

Written by the company

Zipmex is a trusted and regulated Digital Asset Exchange where you can buy, sell, and earn yield on your digital assets and Cryptocurrencies securely. We are the fastest growing exchange platform in the Asia Pacific region and are licensed and regulated in Australia, Singapore, Thailand & Indonesia. We support low fee trading and the fiat to crypto pairings, of AUD, IDR, SGD, USD, and THB. Trade from as little as 0.2% per transaction and know that you are getting the best prices with minimal slippage due to our global liquidity network.


Contact info

You should know

2.4

Poor

TrustScore 2.5 out of 5

30 reviews

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Hasn’t replied to negative reviews

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Rated 2 out of 5 stars

I stumbled upon the new Zipmex.us.com…

I stumbled upon the new Zipmex.us.com in July, 2025. Since then, I have actively got myvwithdraw on the platform with zmt assets. The responsiveness of the support team and the efficiency of transacting is extremely fluid and I stand behind this exchange 100%!

November 8, 2025
Unprompted review
Rated 1 out of 5 stars

Terrible

Terrible, untrustworthy, lack of direction, greedy and only a matter of time when karma strikes.

June 6, 2024
Unprompted review
Rated 1 out of 5 stars

This is so ridiculous experience my…

This is so ridiculous experience my daughter paid the1100 dollars just to get the amount that they promise .its really takes time to transact and the next morning she get the email from zipmex that she need to pay the 800 USD for the broker fees . The broker asking her what email that she recieve . The email is Congrtulation due to recent decrease in bitcoin we notice an increase of Good Profit
On your trading account. Is invatable to access you profit due to broker leverage you will need a deposit 850 USd to access your profit to your bitcoin wallet .
What are you doing . After she send a money then asking another payment . I hope Zipmex you will have concience and this is untrusty company . Hope you fix this my daughter is in canada and she was so dissapointed to this company Zipmex

March 21, 2023
Unprompted review
Rated 1 out of 5 stars

An unmitigated sham

An unmitigated sham. Any company that is incompetent enough to put themselves in a situation where they freeze their customers funds! And then probably declare insolvency. It’s always the investors that lose. Marcus Lim… what does he lose? Nothing. Just walk away from this disaster… and create another one. Sickening.

July 21, 2022
Unprompted review
Rated 5 out of 5 stars

Trustworthy and useful

I had my fare share of using various exchanges in Australia and I have never came across one that is this convenient, practical and trustworthy. The team behind Zipmex is well connected and experienced in the industry. The options available such as the ZipUp+ is just an amazing alternative to what banks are offering now. Im not switching cause Zipmex never gave me a reason to do so.

May 5, 2022
Unprompted review
Zipmex logo

Reply from Zipmex

Thank you Guan Yu for your honest and wonderful review of our platform. We hope you will continue to stay with us! :)

Rated 5 out of 5 stars

The referral program is superb for…

The referral program is superb for brand ambassadors, definitely one of the most lucrative in the industry. Staking has a 12% return. No deposit fees. Trading fees are at 0.2% but since I have staked they are now 0.1%. Doesn't get better than that!

May 4, 2022
Unprompted review
Rated 5 out of 5 stars

Fantastic experience

Fantastic experience. I am earning great interest on my crypto everyday. The fees are much more competitive than the bigger players here and i can withdraw instantly (is in my bank account within 30 seconds).
Great range of assets and seems to be growing every few weeks.

February 7, 2022
Unprompted review
Rated 4 out of 5 stars

What a turn around!

EDIT: Andrew - from their team - called me and explained how it was more of an issue by banking. (Payments to new payees could take up to 24-48 hrs rule). I was happy to wait a day but he solved it by my bank statements.
And he called less than half an hour after I left this review. That is the fastest solution I have ever experienced and I'm grateful.
He also apologised for the maintenance and explained the challenge of having overseas partners.

i don't know why but they decided to have maintenance on at a very ridiculous time for Australia. (we couldn't access anything until midday)

Now it's midday and i'm ready to withdraw - but it's telling me that i have to deposit money in to be able to withdraw. I attempted to make a deposit, but the account name has too many characters: Zipmex Australia Pty Ltd.

So i had to use "Zipmex Australia" only, made a deposit, and still can't withdraw.

Ridiculous at its best. Just verify my bank account and let me go!

January 25, 2022
Unprompted review
Rated 4 out of 5 stars

Zipmex Australia - slight bump but all is good

What started as a bad experience has been reversed. Received contact from a customer advocate from Zipmex whom was able to tell me the details of my issue (which was Banking technicality) and that it was escalated to them however support never told me (and I was left in the dark about it). In the end everything has turned out well and I'm able to provide an updated and honest score which is now a positive experience. Thanks to Andrew and the team.

December 2, 2021
Unprompted review
Rated 1 out of 5 stars

Stay Away!

They require way too many details when signing up even the recording of a video of you turning your head and saying certain numbers. Wonder who they are selling this to. Every time Ive tried to sign up there has been an issue and their 'free' credit that they give out when they sign up is limited to a certain amount of people so you may never get anything, and I know people that have never received any of their sign up bonuses. Dodgy company, no support, stay away.

November 17, 2021
Unprompted review
Zipmex logo

Reply from Zipmex

Thanks for the review!
We're sorry to hear about your experience doing our KYC process.
We understand that the process might be a bit more complex than what you're used to, but we assure you that it's all done to comply with regulations in each of the jurisdictions we are in.

Rated 4 out of 5 stars

Great beginnings

The KYC was relatively quick and painless although to get it done I had to switch to my mobile's own camera app as their method was not synching the camera properly. Depositing funds was a bit more complicated as I first had to create a ticket for the transaction via their website then make a wire transfer by quoting the reference number mentioned in the ticket to "link" the two actions, then wait for it to be approved and deposited by the CS. That can take a while - and certainly not a few hours as they claim on their website but up to a few days. To their defense they had - as they told me - a backlog of tens of thousands of applications waiting to be processed all at once so I'm sure that once these issues are ironed out the experience will be much better.
Now once we were done with the preliminaries everything else is automated via their site and super smooth and easy. The big advantage over other exchange platforms is the ability to buy and trade in their proprietary cryptocurrency, the ZMT. That one is doing extremely well at the moment and has gained over 400% from its initial launch while continuing to gain due to great initial investment and lucrative regional deals with Lamborghini and Tesla amongst others. You can also earn interest over it - along with other cryptocurrencies but the ZMT interest rate is the best, currently 8.5% for simply keeping ZMTs and 16% for locking the ZMTs for three months. Definitely a great short-term investment and possibly longer term.
In my opinion it would be even greater if the user had the ability to trade in cryptocurrency directly, say BTC to ETH or ZMT and vice versa with a single transaction but at the moment only fiat currency to crypto and the reverse is available. So in order to trade from one crypto to another one has to do the conversion twice say, from BTC to fiat then from fiat to say, ZMT. This is a small hiccup however as their current fees for converting are among the most competitive in the market at only 0.2%. So to switch from one crypto to another it would cost you less than what others charge for a single conversion - by comparison Nicehash, for instance, charges 0.5% per transaction. A definite plus.

Overall a great platform and a very promising new company and I hope they can establish themselves as the leading cryptocurrency platform in SA Asia. Judging by their beginnings and the enthusiastic interest from the crypto market I can't see why not.

April 23, 2021
Unprompted review
Zipmex logo

Reply from Zipmex

Thank you Spyro for your candid feedback and awesome review!

We have greatly improved our KYC process by automating many aspects.

Users can complete their KYC quickly and easily on the app.

We are always looking to improve our products and services and ZMT is building a lot use cases which we will launch in the coming months, so please stay tuned. :)

Rated 5 out of 5 stars

April 2021 - good going so far

When you make money, why would you complain? To be precise, I've traded using their own digital token, ZMT and it's doing really well. I bought ENJ and ETH through their platform too and it was a breeze. Initial setup felt a bit lumpy. Buying and selling through website is easier than their app (app needs updating). I like that they are innovating rapidly and I believe they are first in Asia to allow purchase of a Lamboghini using Tokens in Thailand. One concern, their ZMT pricing in THB currency does not always match quickly their USD and SGD pricing. Overall, great experience and wish this company great success and hope it becomes one of the 5% crypto exchanges in the world which do not go obsolete some day.

April 11, 2021
Unprompted review
Zipmex logo

Reply from Zipmex

Thank you for your review!

We are launching lots of new products.

And have also recently launched our new app on both iOS and Android.

Do check it out and stay tuned for more from Zipmex!

Rated 5 out of 5 stars

So far, so good

I transferred some USDC into a newly setup account. I like that the interest gets paid by the day.

February 25, 2021
Unprompted review
Rated 3 out of 5 stars

New company, be careful, funds in limbo

*Onboarding experience was pretty slow (KYC took a week).

*Deposited 200,000 of fiat and was promised it would appear the next day by 10am. It didn’t appear and I received an email saying the fiat deposit expired. At present my funds are still deducted from my bank and nothing in zipmex. Customer service largely unresponsive.

As this is no small sum, I contacted their Twitter, Facebook (Global and Thailand). Someone on their Global FB replied my comment and said they would direct message me. I have even messaged their Thai CFO who is an ex colleague of my cousin. It’s days later and no one has replied.

*Their zip crew is their selling point with 16% interest earned on locked funds via their token. There is a caveat, an agreement must be signed that has language such as “percentage and timing of rewards is determined by zipmex at their whole discretion. You understand and agree Zipmex does not guarantee you will receive locking rewards”.

So be careful.

This is a new company with a lot of promise (their token has been around since Sept 2019 only), but after my experience I would not deposit your life savings here until more information and reputation is firmly established.

Edit: funds finally cleared in the account and interest is indeed being paid. This is great. However as they are a startup I still do not feel 100% comfortable storing too much here.

The onboarding experience has been very slow and customer service is lacking.

I really do hope this startup grows and becomes a crypto bank that I can trust and store all my funds on.

Wish them all the best.

January 9, 2021
Unprompted review
Zipmex logo

Reply from Zipmex

HI Mr Nathan Vong,

Thanks for your review of Zipmex.

Firstly, we'd like to apologise for any inconvenience caused by the delay of transferring funds into your Zipmex account and the delay in the KYC process. We are experiencing a large influx of customers at the moment, so it may be a bit slower than usual.

We want to make sure that our process is as seamless as possible, while ensuring that the transaction is secure and made by you. When you place a deposit, you should receive a deposit ticket email, which is our 2FA security step. You have to click confirm on the email before the transaction can go through, otherwise the deposit ticket will be cancelled after 24 hours. Please check that our emails are not going into your spam.

While the majority of transactions on our site are instant, there might have been a technical issue that caused the delay in the transfer of funds which we will investigate to ensure that it doesn't happen again.

As for the 16% yield on our newly-launched native token ZMT. This interest is paid out daily into your Zipmex account, which you can track under 'Transactions' > 'Transfers'. These are guaranteed daily payouts. If there is any change to the % yield, we will give you advanced notice of 1 month. For more info, please check out our website: www.zipmex.com/zmt/

Zipmex is a regulated digital assets exchange in Thailand, Singapore, Australia and Indonesia. Your funds are safe with us. Please see this post for more detailed information on how your funds are managed under Zipmex: https://zipmex.co.th/en/support/general-faqs/are-my-funds-safe

Thank you for using Zipmex once again. If you have any issues, please reach out to us on our social media channels or email support@zipmex.com and we'd be more than happy to assist. You can also chat to our customer support team via our website (see live chat widget at the bottom right of the screen), where someone will be available to respond to you 24 hours a day.

Rated 5 out of 5 stars

Zipmex is the best place for trade

Zipmex is the best place for trade your digital asset, you can earn interest on your digital asset, best price, low trading fees, secure and insured, instant buy and sell

December 30, 2020
Unprompted review
Zipmex logo

Reply from Zipmex

Thank you for supporting us!

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