CoinZoom, a new regulated cryptocurrency exchange announces new Visa Debit Card

[Kona Jack]

CoinZoom, a new U.S. regulated cryptocurrency exchange, announced today the launch of the CoinZoom Visa Card. The CoinZoom Visa Card allows customers to instantly convert their crypto balances to fiat and spend at over 53 million Visa merchants worldwide.

The CoinZoom Visa Card is linked directly to customer accounts, where customers can pre-select the wallet they wish to debit when they use the debit card. Customers can select either their fiat wallet or bitcoin, ripple, ethereum, litecoin, or dozens of other coins they may have in their crypto wallet. Currencies involving the crypto wallet will first be converted to fiat before a transaction can be made using the CoinZoom Visa Card.

The CoinZoom Visa Card utilizes the latest technology in credit cards, including making payments through Chip, Contactless and PIN, as well as cash withdrawals from ATMs. When customers use their CoinZoom Visa Card, CoinZoom’s authorization engine instantly converts cryptocurrencies to USD, which is used to complete the purchase.

Todd Crosland, founder and CEO of CoinZoom, said, “We are extremely pleased to work with Visa as we launch CoinZoom. Visa’s dominance as a global leader in digital payments, is a tremendous asset as CoinZoom begins to reshape the global cryptocurrency marketplace. Our goal is to provide cryptocurrency traders with the best platform for buying, selling, and spending digital assets. The CoinZoom Visa Card will be launching at the beginning of the 4th quarter.”

Crosland continued, “CoinZoom’s unique business model and diverse product offering, which allows customers to buy, sell, and spend converted cryptocurrency balances globally, has distinguished itself as a potential industry leader."

In addition to its professional desktop trading platform, CoinZoom is launching its proprietary advanced IOS and Android trading App’s that also features a virtual CoinZoom Visa Card and will assist customers to track and manage their transactions on the card. Customers have the option to use their virtual or physical CoinZoom Visa Card. CoinZoom also features "ZoomMe", a free - instant international Peer to Peer fiat or crypto international money transfer service.

To celebrate the upcoming launch of the CoinZoom Exchange and the CoinZoom Visa Card, the top 200 people who register for Early Access and refer the most friends to CoinZoom, will win either a CoinZoom Black, Platinum, Gold, or Preferred Visa card.

About CoinZoom, Inc.

CoinZoom is the next generation digital asset exchange that uses the team’s vast experience in providing superb trade quality, customer-focused tools and technology that help customers become successful traders. CoinZoom offers services in buying, selling, and spending bitcoin, ripple, ethereum, and other top digital currency pairs. The team’s decades of experience in financial technology security is equally important in safeguarding customer funds and customers digital currency positions. CoinZoom is a U.S. registered Money Services Business with FinCen in all 50 states and territories. CoinZoom is also a U.S. registered Money Transmitter, available for trading in over 45 states. CoinZoom also has subsidiaries in Australia and Ireland. CoinZoom Australia PTY LTD is registered as a Digital Currency Exchange with AUSTRAC and CoinZoom Europe Limited, is registered in Ireland.

The founding members, including CEO Todd Crosland, founded Interbank FX 2001. Interbank FX was a global foreign exchange brokerage firm that was registered in the U.S. as a Futures Commission Merchant and Retail Foreign Exchange Broker and also registered in Australia with A.S.I.C., as a Derivatives Dealer. Interbank FX had offices in Beijing, Seoul, Hong Kong, Sydney, London and the U.S., and transacted with over 250,000 customers in 140 countries, with transaction volume reaching $80 billion a month. Interbank FX was sold to a major Japanese financial company in 2011. CoinZooms depth of experience and knowledge in global financial services, compliance, governance and security systems, provide a solid foundation for global success.

www.coinzoom.com http://http://[img][/img][/img]]http://[img][img][/img][/img]
https://cryptocoremedia.com/coinzoom-visa-debit-cards-set-for-q4-rollout/

[mumbles42]

Why have you chosen to go live with your site before the exchange, the debit cards, or even the api have been rolled out?

[Kona Jack]

Hi. Thanks fo the question. Our BIN is going live with Visa on Monday, then we will do our first transaction with the CoinZoom Visa card. The entire exchange and Visa cards will be live in November. We also have native iPhone and Android apps, and several other cool features. We will have our API as well.

[Kona Jack]

CoinZoom Overview
CoinZoom (www.coinzoom.com)  is the next-generation cryptocurrency exchange, where customers can buy, sell, and spend Bitcoin, Ethereum, Ripple, and over 40 other cryptocurrencies.
Highlights include:
Premier Fiat Gateway – Card to crypto. Customers have a wide variety of funding options, including Visa and Mastercard, ACH, and wires. The very few global exchanges that allow funding with Visa and Mastercard, charge customers a service fee of 4% - 10%. CoinZoom has the lowest Visa and Mastercard fee in the world of just 2.99%.
 
CoinZoom Visa Card - CoinZoom is an approved Program Manager with Visa. The CoinZoom Visa Card allows customers to spend both fiat and crypto with their CoinZoom Visa Card at over 53M merchants globally. The CoinZoom Visa Card can also be used at any global ATM that accepts Visa. CoinZoom’s VIP Rewards program is an integral part of the Visa card. The CoinZoom Visa Card is available in the following VIP levels: Select, Preferred, Gold, Platinum, and Black. https://www.coinzoom.com/cards/
 
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ZOOM Token – ZOOM is a decentralized digital asset based on Ethereum, with a limited total supply of 600 M, issued by CoinZoom. CoinZoom developed ZOOM based on the token system issued and managed through blockchain and it can be used throughout the CoinZoom ecosystem.
 
VIP Rewards level membership is attained through the purchase of ZOOM tokens. Benefits from VIP Rewards membership include: Trading fee discounts of up to 50%, AirDrop eligibility, Staking Bonus, Crypto Rewards, Free Wires, and other innovative features. https://www.coinzoom.com/vip/
 
ZOOMME – Free, Peer-to-Peer, Cross Border fiat and crypto transfers. Instantly transfer both fiat and crypto for free to any friend in the world. All that is required is for your friend to have downloaded the CoinZoom app.
 
Digital Wallet Security – CoinZoom has chosen BitGo Trust to serve as our institutional qualified custodian and digital wallet security provider. BitGo is the world leader in Digital Wallet security. A key factor in their selection was custodial assets held by BitGo Trust Company are insured for up to $100 million USD through Lloyd’s, the world’s specialist insurance and reinsurance market. Their services solve the most difficult security, compliance and custodial problems associated with blockchain-based currencies, enabling the integration of digital currency into the global financial system.
 
CoinZoom Staking – CoinZoom Staking initially supports two tokens – Dash (DASH) and Algorand (ALGO). CoinZoom clients can now generate passive income while assets remain in their secure CoinZoom Exchange wallet. The new service allows users to earn passive income in the range of 7-13% yield per year.
 
 
Supporting the most popular coins – CoinZoom is committed to offering investors the most popular coins for trading. Customers will also be able to use these coins as payment methods on the CoinZoom Visa Card.
 

 
Robust Exchange Platform – Seamlessly trade on either the exchanges Desktop, iPhone, or Android trading apps.

 
Get Early Access - Top 200 people that refer the most friends will win either a Black, Platinum, Gold or Preferred CoinZoom Visa Card, plus get early access to trading and use of the CoinZoom Visa card scheduled for fall of 2019. T https://www.coinzoom.com/early-access/op 200 people that refer the most friends will win
 
Recent News:
 
HOW THIS TEAM OF RENOWNED FOREX PROFESSIONALS IS CHANGING THE CRYPTO EXCHANGE LANDSCAPE https://oracletimes.com/how-this-team-of-renowned-forex-professionals-is-changing-the-crypto-exchange-landscape/
 
CoinZoom VISA Debit Cards Set for Q4 Rollout https://cryptocoremedia.com/coinzoom-visa-debit-cards-set-for-q4-rollout/
 
Why This Exchange’s Comprehensive Approach is The Future of Crypto Markets https://blockmanity.com/news/feature/why-this-exchanges-comprehensive-approach-is-the-future-of-crypto-markets/
 
OkWave to Invest in Crypto Exchange CoinZoom https://www.financemagnates.com/cryptocurrency/news/okwave-to-invest-in-crypto-exchange-coinzoom/
 
CoinZoom, a U.S. Regulated Cryptocurrency Exchange Announces New Visa Debit Card https://www.prweb.com/releases/coinzoom_a_u_s_regulated_cryptocurrency_exchange_announces_new_visa_debit_card/prweb16489716.htm
 
CoinZoom Opens First European Office in Dublin https://www.financemagnates.com/cryptocurrency/exchange/coinzoom-opens-first-european-office-in-dublin/
 
Australia Financial Regulator Austrac Grants Coinzoom Bitcoin Exchange A License
https://bitcoinexchangeguide.com/australia-financial-regulator-austrac-grants-coinzoom-bitcoin-exchange-a-license/
 
 

[electronicash]

its name reminded me with Xoom international money transfer service which the service is also offered.  its U.S. Regulated which means that US citizen can invest to this project right? 
not really a new concept since i have seen this VIP program to other exchange. ZOOM tokens can be staked or what is meant there is we can stake our Dash and Algorand (ALGO) being a part of the VIP member.  

[Kona Jack]

Hi. We will have Staking for DASH, and Algorand ALGO to start. A few other coins to follow soon after launch. The ZOOM token is an integral part of CoinZoom’s ecosystem. Here you can see a list of uses and benefits with the token https://www.coinzoom.com/cards/

[CryptoBry]

CoinZoom, a new U.S. regulated cryptocurrency exchange, announced today the launch of the CoinZoom Visa Card. The CoinZoom Visa Card allows customers to instantly convert their crypto balances to fiat and spend at over 53 million Visa merchants worldwide.

The CoinZoom Visa Card is linked directly to customer accounts, where customers can pre-select the wallet they wish to debit when they use the debit card. Customers can select either their fiat wallet or bitcoin, ripple, ethereum, litecoin, or dozens of other coins they may have in their crypto wallet. Currencies involving the crypto wallet will first be converted to fiat before a transaction can be made using the CoinZoom Visa Card.

So this CoinZoom is really a partner of Visa and we can avail of its visa-bearing cards with our accounts linked our digital assets on the platform. This is a big step forward and can definitely be enticing many people to also adopt the cryptocurrency bandwagon using the easy and convenient way people can convert and spend the money from their cryptocurrencies hoard. And since CoinZoom is a regulated exchange, i am assuming that users are more protected under the platform than with those who are not based in the USA.  I am wishing the platform all the power and some luck it needs.

[Kona Jack]

Thanks for the note. Yes, CoinZoom is an authorized partner with Visa. We fell we have one of the very best fiat gateways in the world. Customers can deposit fiat to their accounts using Visa and MasterCard, as well as ACH, and wires. Plus the added bonus is that customers will be able to use their CoinZoom Visa card to spend their fiat and Crypto at over 50M merchants worldwide. Plus use any global ATM that accepts Visa. Fiat balances are FDIC insured, and crypto balances are help a BitGo, a qualified custodian and trust company, that has $100M in insurance.

[LeGaulois]

The cards are virtual or physics? Sorry if the question seems stupid but actually when I check for example https://www.coinzoom.com/preferred-card/ it clearly says "Virtual Card". However, none of the pages mention the cards are virtual. And in the FAQ I can read

Where is the CoinZoom Visa Card available?
CoinZoom's US customers can receive and use their CoinZoom Visa Card anywhere in the world that accepts Visa.  International customers will have access soon

.

[Kona Jack]

Hi. Customers will have both Virtual and physical. When customers onpen their accounts and as soon as they fund the account, they will receive a free Virtual card. They can add it to Apple wallet, set up bill pay, etc. then if customers want, they can also get a physical cards. So you can have both Virtual and physical cards. Thanks.

[Kona Jack]

‪Did you know #CoinZoom offers instant International peer-to-peer fiat or #crypto money transfer? It’s called ZOOMME! Oh! And it's free. #news #peer #instant #btc #visa #payments #investment #moneytransfer #fintech #bitcoin #ethereum #cryptocurrency https://www.instagram.com/p/B3ibj9pAfBJ/?igshid=1j9kh83laqnn3‬[img][/]

[Fanmeld]

where are these long-awaited cards???

[Kona Jack]

Hi. Soft launch is coming in November. General launch will be the first week of December.

[PaidaCrypto]

Scammers. They got caught using shilling bots on reddit.

https://cryptodream.online/2020/02/22/is-coinzoom-using-dirty-tactics-to-promote-their-product-on-reddit/