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CoinZoom
US-regulated crypto exchange with a Visa debit card and zero-fee peer-to-peer transfers
3.5/ 5
Our score
Good
Maker fee
0.22%
Taker fee
0.3%
Coins listed
40
KYC required
Yes
Accepts US customers
Yes
What is CoinZoom?
CoinZoom is a centralized cryptocurrency exchange and payments platform that integrates spot trading across 40+ digital assets with payment features. It allows users in 169 countries to execute spot orders, send USD and digital currencies through ZoomMe without transfer fees, and spend balances directly through a Visa debit card linked to over 175 million merchant locations.
Company background and leadership
Founded in 2018 in Salt Lake City, Utah, CoinZoom was established by financial services veterans. The company is led by founder and CEO Todd Crosland, who previously founded retail foreign exchange dealer and futures commission merchant IBFX. The founding team also includes Ben Crosland, Paxton Powers, and Jason Vance. The company operates with a team of between 11 and 50 employees.
Trading mechanics and payment features
CoinZoom supports custodial trading for major assets such as Bitcoin, Ethereum, and Tether across networks including Ethereum, Tron, and BNB Smart Chain. Traders choose between a simplified Lite interface for instant conversions and a Pro order book interface featuring limit, market, and recurring order types. Account balances can be spent via the CoinZoom Visa debit card, which offers up to 5% back in crypto and charges no annual fee. Users can also send USD and crypto globally using ZoomMe, an internal transfer feature that settles instantly with zero transaction fees.
Fee structure and deposit methods
Trading costs depend on the interface used. Lite instant purchases carry fees between 0.75% and 1.49%. Pro order book trading incurs maker fees from 0.22% to 0.44% and taker fees from 0.30% to 0.60%, with fee discounts up to 50% available when holding the platform's native ZOOM token. USD deposits via ACH and RTP are free, while card deposits cost 3.99%, cash deposits via CoinZoom Cash cost $6, and wire transfers incur a $12 fee. Crypto withdrawals carry fixed charges, including 0.0005 BTC, 0.005 ETH, and 12.50 USDT. Liquidating crypto through the Visa card incurs a 1.49% conversion fee.
Licensing and operational track record
CoinZoom operates as a registered Money Services Business with FinCEN and holds state-level money transmitter licenses across the United States. Internationally, it holds an Australian Digital Currency Exchange registration through AUSTRAC and European VASP registration. The firm maintains SOC 2 enterprise compliance standards. Platform deposits increased 308% between October 2025 and March 2026, while Visa card spending expanded 300% over the same period.
Platform risks and limitations
Because CoinZoom is a centralized custodial platform, users entrust their assets to company management rather than holding self-custody private keys. Identity verification (KYC) is mandatory for all accounts. Asset selection is focused on roughly 40 digital assets, and the exchange does not offer crypto derivatives trading. Maximum fee discounts require holding the proprietary ZOOM token.
Founders
Todd CroslandFounder and CEO
Previously founded retail foreign exchange dealer and futures commission merchant IBFX.
Ben CroslandFounder
Paxton PowersFounder
Jason VanceFounder
Best for:US residents wanting direct crypto card spendingUsers sending zero-fee cross-border paymentsEveryday spot traders using ACH deposits
Pros and cons
Pros
- Registered with FinCEN with money transmitter coverage across US states
- Visa debit card spends crypto directly at checkout with zero annual fee
- Free USD deposits via ACH and RTP and free ACH withdrawals
- Instant, zero-fee global peer-to-peer transfers through ZoomMe
- SOC 2 accreditation
Cons
- Relatively narrow selection of about 40 digital assets
- Card purchases incur a 1.49% crypto liquidation fee
- Mandatory KYC identity verification required for all accounts
- Maximum fee discounts require holding ZOOM tokens
- No futures or derivatives products
Our review
3.5/5
Good
CoinZoom provides instant peer-to-peer transfers and crypto debit card spending with zero annual fees under U.S. registration, but it lists only 40 assets and charges a 1.49% card liquidation fee.
Founded in 2018 in Salt Lake City by financial services veteran Todd Crosland, CoinZoom bridges centralized crypto spot trading with day-to-day payment rails. The platform operates as a registered Money Services Business with FinCEN and holds state-level money transmitter licenses across the United States, alongside an Australian Digital Currency Exchange license with AUSTRAC. CoinZoom reports serving customers in 169 countries.
Trading on the exchange is divided into two formats. The Lite interface provides instant conversions but charges fees ranging from 0.75% to 1.49%. The Pro order book provides market and limit execution with baseline maker fees between 0.22% and 0.44% and taker fees between 0.30% and 0.60%. Holding the native ZOOM token reduces these spot trading fees by up to 50%. USD deposits via ACH are free, while card deposits cost 3.99% and wire deposits cost $12. Crypto withdrawal fees are fixed, including 0.0005 BTC and 12.50 USDT.
Through the CoinZoom Visa debit card, users spend crypto or cash balances across Visa's network of over 175 million merchant locations, earning up to 5% back in crypto rewards without paying an annual fee. However, spending crypto with the card triggers a 1.49% crypto liquidation fee. The companion ZoomMe service lets users send USD and cryptocurrencies to other accounts instantly with zero network fees.
CoinZoom supports just over 40 digital assets and does not offer futures trading.
Specs
| Markets | Spot · unverified |
|---|---|
| Maker fee | 0.22% · unverified |
| Taker fee | 0.3% · unverified |
| Coins listed | 40 · unverified |
| Fiat deposit methods | Bank transfer, Card, ACH · unverified |
| KYC required ⓘ | Yes · unverified |
| Accepts US customers | Yes · unverified |
| Mobile app | Yes · unverified |
| Licenses & registrations | FinCEN MSB, AUSTRAC DCE, US State Money Transmitter Licenses · unverified |
| Security features | 2FA, Biometric login, SOC 2 accreditation · unverified |
| Futures & perpetuals | No · unverified |
| Copy trading | No · unverified |
| P2P market | Yes · unverified |
| Referral program | Yes · unverified |
Not disclosed by the provider: Proof of reserves, Staking / earn, Max leverage (x), Earn / savings products, User protection fund.
Data from the provider's website and public sources. Fees and availability change; confirm on the official site before you sign up.
Key features
CoinZoom Visa debit card
Spend crypto balances directly at over 175 million merchants worldwide with no annual fee and up to 5% crypto back.
ZoomMe instant transfers
Send USD, stablecoins, and cryptocurrencies to any CoinZoom user globally 24/7 with zero transfer fees.
Order book trading
Execute market, limit, and recurring orders on the Pro interface with maker fees from 0.22% and taker fees from 0.30%.
CoinZoom Cash deposits
Deposit physical cash directly into your account balance at participating retail locations for a $6 fee.
Multi-network stablecoin support
Deposit and withdraw USDT across Ethereum, Tron, and BNB Smart Chain networks.
ZOOM fee discounts
Pay exchange transaction fees with the platform's native ZOOM token to reduce spot trading costs by up to 50%.
Inside CoinZoom
CoinZoom App and Trading Platform
Provides spot market execution across 40+ cryptocurrencies via Lite instant buy/sell and Pro order book interfaces with market, limit, and recurring orders.
CoinZoom Visa Debit Card
Enables users to spend cryptocurrency and fiat balances at over 175 million merchant locations globally, offering up to 5% crypto back on purchases.
ZoomMe
Facilitates instant, zero-fee peer-to-peer transfers of USD, crypto, and stablecoins directly between CoinZoom account usernames worldwide.
CoinZoom Cash
Allows account holders to fund their exchange accounts by depositing physical cash at supported retail partner locations.
CoinZoom screenshots
What users say about CoinZoom
A summary of public reviews and discussions on third-party sites, checked Oct 21, 2026. These are posts by users on other sites, not reviews submitted on CryptoReview.
User reviews
No user reviews yet. Have you used CoinZoom? Share your experience below.
FAQ
Who founded CoinZoom?
CoinZoom was founded in 2018 by Todd Crosland, Ben Crosland, Paxton Powers, and Jason Vance. Todd Crosland serves as the Chief Executive Officer.
What trading fees does CoinZoom charge?
On the Pro trading platform, maker fees range from 0.22% to 0.44% and taker fees range from 0.30% to 0.60%. Users who pay fees using the ZOOM token can receive discounts of up to 50%.
Does CoinZoom require KYC verification?
Yes, CoinZoom requires account verification and multi-factor authentication.
What is ZoomMe on CoinZoom?
ZoomMe is a peer-to-peer transfer service that lets CoinZoom account holders send USD, stablecoins, and cryptocurrencies to each other 24/7. Transfers settle instantly with zero fees.
Does CoinZoom have its own native token?
Yes, CoinZoom has the ZOOM token. CoinZoom advertises card rewards of up to 5% and offers up to 50% discounts on trading fees for users holding ZOOM.
Which cryptocurrencies and networks does CoinZoom support?
CoinZoom supports more than 40 digital assets, including Bitcoin, Ethereum, and Tether. It supports deposit and withdrawal routing across networks including Ethereum, Tron, and BNB Smart Chain.
Latest from CoinZoom on X
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this is going to be great!!
Join us at 8 AM MT!
The holiday season is the biggest spending period of the year.
Most cards give nothing back.
The CoinZoom Visa debit card earns up to 5% back in ZOOM on everything — gifts, groceries, dinners, travel, all of it.
Start stacking rewards with your next purchase. https://t.co/C6WhaD7gGL
Most cards give nothing back.
The CoinZoom Visa debit card earns up to 5% back in ZOOM on everything — gifts, groceries, dinners, travel, all of it.
Start stacking rewards with your next purchase. https://t.co/C6WhaD7gGL
Recent public posts from @GetCoinZoom, shown as published. Not reviewed or endorsed by CryptoReview.
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