What is CoinZoom?
Symbol: ZOOM · Market cap rank: #1601
Short answer
CoinZoom (ZOOM) is a cryptocurrency currently ranked #1601 by market capitalisation.
Source: isthiscoinascam.com
Overview
CoinZoom is a regulated cryptocurrency exchange based in the United States, launched in 2020. Its native utility token, ZOOM, supports various functions within the CoinZoom ecosystem, which incorporates low-cost crypto trading, a peer-to-peer remittance service called ZoomMe, and a Visa Crypto debit card. The card allows users to spend USD or cryptocurrency at over 150 million merchants globally and provides access to more than one million ATMs.
The platform facilitates fiat transactions through various on-ramps, including Apple and Google Pay, debit and credit cards, and ACH transfers. CoinZoom has established a customer base across 169 countries and reported a 31% increase in daily active users over the past six months, alongside an 87% growth in its Visa Crypto debit card customer base in the last year. Additionally, it has formed partnerships with nine corporate entities that have integrated its crypto services.
Scam-risk analysis
CoinZoom has a low score, indicating elevated scam risk based on the available data. Is CoinZoom a scam?
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