Can We Send Bitcoin with Coin zoom? If you have such query or want to send bitcoin with coin zoom, you need a cryptocurrency exchange or financial service that supports funding with a bank account or any other credit card. Well, coin zoom is a cryptocurrency exchange with a range of financial products with 40 available cryptocurrencies.
It offers several products, which makes it unique among competitors. These products include a Visa debit card that allows you to use your Crypto to make purchases with millions of merchants to send and receive Crypto from friends and family. Let’s get into the blog to know more about coin zoom and sending procedure of bitcoin with this.
What Is Coin Zoom Card?
Coin zoom was established in 2018 by Todd Crosland, and its headquarter is in Salt Lake City, Utah. The company has grown into a top-notch cryptocurrency exchange and has expanded its product offerings. It now serves users in 192 countries and provides access to different financial products. Coin zoom has launched a token where users hold the zoom token to get the additional benefits of free discounts and access to VIP programs.
Coin zoom card offers a comprehensive range of financial products such as Coin Zoom Visa, Coin Zoom Earn, and ZoomMe, letting users transfer funds to friends and family. Users with the Coin zoom Visa can earn different crypto rewards when making qualifying purchases. Coin zoom is a US-registered money services business through the US Financial Crimes Enforcement Network and is subject to financial industry regulation.
Some of the features of Coin Zoom are:
- Licensed and regulated US cryptocurrency trading platform.
- Beginner-friendly and simple to use.
- Wide variety of deposit methods such as credit card, wire transfer & ACH.
- Coin Zoom Visa debit card to spend at thousands of online and in-store merchants.
- CONVERT Cash to Crypto Fast.
Is Coin Zoom Legit?
If you are finding out the answer, is Coin Zoom Legit? Then you are right place. Coin zoom appears to be safe and secure exchange that features multiple security measures such as Twi Factor authentication and multi-signature wallets to ensure customer funds and personal information is kept safe. Every trading platform has a trading view, and it’s part of the exchange’s website where you can view the price chart of a certain cryptocurrency and the actual price.
Users can speculate on the fluctuating value of more than 23 cryptocurrency assets on an exchange paired against USD, BTC, and Tether. The trading platform is pretty simple to use, which resembles the appearance of an advanced trading platform.
Coin zoom vs. Coinbase
- Platform supported
Coin zoom and Coinbase both support the platforms like SaaS/Web, iPhone, iPad, and android.
- API
Coin zoom and coin base both offer API.
- Training
Documentation training is available for coin zoom and coin base.
- Categories
Coin zoom has three categories: crypto savings, cryptocurrency exchanges, and cryptocurrency payment. In contrast, Coinbase consists of blockchain APIS, crypto APIs, crypto Prime brokers, crypto savings, crypto staking, and cryptocurrency exchanges.
- Integrations
Coin zoom has no more integrations, but Coinbase does, such as accounting by glass node, Atani, Best rate, book map, Circle, Coin Tracking, and Coinbase Custody, Crypto APIs.
How To Setup Coin Zoom Authenticator App?
To set up the coin zoom authenticator app, you must enter an OTP to log in. After you have entered the password system, you will ask for OTP, which you must retrieve from the authenticator. Apps display a temporary code for you to put into coin zoom each time you log in. Google Authenticator can use any authentication app that your device accepts. The advantage of Google authenticator doesn’t tie your phone number, which keeps you protected and doesn’t let your phone details be compromised. Using Google Authenticator for 2-step verification codes, you will be protected if your password is stolen and your phone number is ported.
What Are The Advantages And Disadvantages Of Coin Zoom?
Coin zoom is a cryptocurrency exchange due to its features and options. It has also given their users different options to obtain crypto VISA cards and buy cryptocurrencies with cash. They haven’t made it easier to get your hands on other cryptocurrencies or trade professionally.
Advantages of Coin Zoom
- Several methods to buy Crypto.
- Crypto debit cards with cashback.
- 40+ cryptocurrencies to trade and buy.
- Mobile apps
- Advanced trading interface with useful features.
- Excellent staking program.
- Easy to get started.
- Premium security features.
- Excellent customer support.
- Attractive referral program.
Disadvantages Of Coin Zoom
- Restricted from different countries.
- No variety of trading markets
What Steps Need To Follow For Sending Bitcoin With Coin Zoom?
For Web
- Click the Portfolio tab.
- Choose the “Send” button next to the correct Crypto.
- Type the name of one of the saved whitelist entries.
- Click the Add Address.
- After you click the “White List” green button, you will get a popup.
- Enter the amount of digital currency to send in the Amount field.
- Choose how you want to pay a transaction fee.
- Double-check all fields.
- Once everything is verified, click the Submit.
- If two-factor authentication is enabled, enter the relevant code and submit.
For Mobile
- Tap the menu drop-down in the upper-left corner.
- Tap “Portfolio.”
- Tap the Crypto you want to send.
- Click the “Send” button.
- Read the warning box. Make sure you only send the selected Crypto to that Crypto’s wallet.
- Type the name of one of the saved whitelist entries.
- Paste in the destination wallet address, and tap on one of the saved whitelist entries.
- Click Scan with the QR code.
- Enter the amount to send.
- Choose how to pay your fee for this transaction.
- Once everything is verified, click the “Send” button.
- Enter the relevant code and submit when 2FA is enabled.
Conclusion
Coin zoom has all the necessary tools to become one of the best trading exchanges. You can send bitcoin with coin zoom, and its wide range of services provides various reasons for people to get involved with cryptocurrencies. Setting up an account is quick, and several options exist to purchase cryptocurrencies with fiat currency.
