AMA Theme : Introduce
CoinZoom Project
Date
: 17th Desecember 2020
Vanue : Crypto Expert Organization
SpokesMan : Mr. Ben Crosland | CO Founder CoinZoom
SEGMEN 1 : INTRODUCTION
Crypto Expert
Organization :
@CoinZT Welcome to our community, that's Crypto Expert
Organization, sir
Thank you for taking the time to attend this AMA session
Mr. Ben Crosland :
I’m happy to be here!
Crypto Expert
Organization :
Previously I wanted to wish you a Merry Christmas 🎉
Previously I wanted to wish you a Merry Christmas 🎉
Mr. Ben Crosland :
Thank you! Merry Christmas and happy holidays to you as
well.
Crypto Expert
Organization :
Well, before we start can you introduce yourself and your
background while creating your amazing project, that's CoinZoom.
@CoinZT are you still here sir
Mr. Ben Crosland :
Todd Crosland is the founder of CoinZoom. He and our team
started a retail FX trading platform called IBFX back in 2001 and sold the firm
in 2012. IBFX became the 5th largest FX trading platform in the world in terms
of trading volume. At its peak IBFX was trading $80 billion per month in FX.
Todd and his team have brought all the expertise and know how to the crypto
space with CoinZoom. CoinZoom is next-generation digital currency trading
platform aiming to provide both retail and institutional clients with a highly
efficient trading experience that combines high level security and a variety of
features that enable everyday ease of use. The exchange allows its users to
buy, sell, and spend a range of digital assets with popular currencies such as
Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and XRP being supported. Up to
30 digital currencies can be traded on the platform and CoinZoom also facilitates
fiat to crypto trading and supports fiat deposits and withdrawals via both bank
and credit card transfers.
The team behind the project have extensive experience in
operating a global financial services company, and have focused on remaining
regulatory compliant and CoinZoom Australia Pty Ltd. has been granted a Digital
Currency Exchange License by AUSTRAC the governing regulator in Australia. In
addition, CoinZoom Inc. is registered as a U.S. Money Services Business (MSB)
in 50 states, and has been licensed as a Money Transmitter in over 45 States.
The project is also expanding into Europe and its subsidiary CoinZoom Europe,
Limited has been registered in Ireland.
Strong relationships with multiple US banks allow for funds
to be held in FDIC insured accounts, and the team also make use of multi-layer
security protections including cold storage, and multi-factor authentication
and authorization. Retail clients are also well served by features such as,
comprehensive charts with over 100 technical indicators, IOS and Android mobile
Apps and the CoinZoom Visa Debit Card.
Having launched March of 2020 this year we have onboarded
over 100,000 users from over 180 countries.
Crypto Expert
Organization :
a long journey from 2001 to now starting one's own project and
moving forward 💪 a struggle that
requires hard work will not betray the results
I hope CoinZoom can be a very, very extraordinary project
for future investors and everyone who adapts
Mr. Ben Crosland :
Yes it’s been a long journey. But we definitely launched at
the right time
Crypto market is booming! 🚀
Crypto Expert
Organization :
All right, sir, we will enter the first session, yes, those
are 5 questions from me, who acts as the AMA host
Mr. Ben Crosland :
Ok sounds great!
Crypto Expert
Organization :
Questions 1.
Could you explain a little about CoinZoom? and what Is make it
different From another Project?
Mr. Ben Crosland :
CoinZoom aims to address issues related to poor security
with a number of leading exchanges suffering significant hacks, and a lack of
responsibility/transparency regarding users’ transactions and funds. High
frequency traders also often face significant price discrepancies, extreme lag
times, and even low liquidity when not trading on one of the most popular
crypto exchanges. CoinZoom aims to provide a next generation trading platform
with a responsive UI and order matching engine, alongside deep liquidity.
With regards to institutional clients, CoinZoom aims to
focus on security and ensure asset protection by providing secure custody and
control of users’ assets. In addition, the team aim to provide a trading
service that suits the requirements of high frequency traders and incorporates
fair and orderly markets with comprehensive high quality market data available
to all users. Platform users can also look forward to efficient trade execution
with orders being completed at the best available price, and deep levels of
liquidity as a result of partnerships with institutional liquidity providers.
The platform also incorporates a Visa Debit Card which
provides up to 5% back on all purchases, and also allows a trading discount of
up to 50%. The CoinZoom Visa card is accepted by 53 million merchants
worldwide. The Card is only available for US residentes but will be available
in spring of 2021 in Canada, UK, and Europe. Users can enjoy enhanced benefits
by holding ZOOM in their accounts with the Select card requiring 0 ZOOM while
the Black Metal card requires a balance of 100,000 ZOOM. The cards are rewarded
to customers automatically upon sign up.
ZoomMe is a P2P money transfer service. Think of Venmo or
WeChat pay but for free and cross border. Most payment remittance systems like
these are limited geographically and have super high fees involved. With
CoinZoom’s unique wallet system we allow our customers to send and receive fiat
or crypto to anyone around the world for FREE. How it works? Upon signing up
with us, you will create a username for ZoomMe. Once that username is created
you can share it with your friends and family all over the world. I sent BCH to
my friend in Brazil in milliseconds yesterday. ZoomMe transfers Crypto
instantly! If I had sent it out of my BCH wallet to his BCH wallet it would
have taken hours. This is the magic of ZoomMe 🎉
ZOOM is an Ethereum ERC20 utility token, and provides
holders with a wide variety of discounts, product enhancements and rewards.
These include discounts on trading fees of up to 50%, and a cashback bonus of
up to 5% on all CoinZoom Visa card purchases. ZOOM holders also gain access to
higher Visa Card tiers including the Gold, Platinum, and Black cards, as well
as staking bonuses.
While there are a large number of cryptocurrency exchanges
currently in operation, only a few are currently able to process fiat deposits
and withdrawals. In addition, there are just a handful of operators that are
legally compliant and able to operate in the USA, and the CoinZoom team have
obtained the necessary licenses to operate legally in both the US and other
jurisdictions.
In addition, the platform incorporates a number of handy
features such as ZoomMe Money Transfers which enable free peer-2-peer transfers
in either crypto or fiat for both domestic and international transfers.
The CoinZoom Visa Debit Card also allows people to easily
make use of the digital assets held in their accounts and provides up 5% cash
back on all purchases, as well as a trading discount of up to 50%. The ability
to easily spend cryptos appeal to retail users and compliments the services
also on offer for institutional clients.
Crypto Expert
Organization :
a very detailed explanation in the first question I hope the
participants have read and understand the answer to my first question
Oke next.
Questions 2.
What achievements has CoinZoom achieved so far? Then, what is the next
big step for CoinZoom to take?
Mr. Ben Crosland :
CoinZoom has successfully launched this year of 2020. We’ve
onboarded over 100,000 users in over 180 countries. We are onboarding thousands
of users every week to the CoinZoom platform. We reached the top 50 exchanges
on CoinMarketCap in terms of trading volume this month. This is impressive
since we just started in March of this year.
Our next big step will be launching the CoinZoom Visa card
in Europe, UK, and Canada in the spring of 2021
Crypto Expert
Organization :
Next sir.
Questions 3.
Could you please provide some progress on your Roadmap and what results
CoinZoom has achieved so far?
Mr. Ben Crosland :
CoinZoom has launched successfully in the midst of a
pandemic. We have onboarded over 100,000 users since March and are a top 50 CMC
exchange. For 2021 we plan to launch our Card in Europe, UK, and Canada. We
also look to Launch in Q3,Q4 the CoinZoom Visa card in Asia.
In 2021 we also look at add features of Margin Trading as
well the ability for customers to earn interest on their crypto.
Mr. Ben Crosland :
In the midst of this COVID-19 pandemic, the CoinZoom project
is doing well! Even though there are many projects that have experienced
difficulties because of this pandemic. What a journey full of struggle
How is the pandemic situation in your city, sir? Is it safe,
it's safe
Mr. Ben Crosland :
As you know, the US is really hit hard right now. There are
more cases in my state than the whole country of South Korea.
It is bad, but we are staying safe
Crypto Expert
Organization :
😔 Hopefully this
difficult time will be resolved quickly and the vaccine will be found soon
Mr. Ben Crosland :
Yes hopefully by next summer the world will be safer
Crypto Expert
Organization :
OK, sir, continue to our AMA session.
Questions 4.
What are the benefits we get from buying and holding $ZOOM?
Mr. Ben Crosland :
ZOOM is an Ethereum ERC20 utility token, and provides
holders with a wide variety of discounts, product enhancements and rewards.
These include discounts on trading fees of up to 50%, and a cashback bonus of
up to 5% on all CoinZoom Visa card purchases. ZOOM holders also gain access to
higher Visa Card tiers including the Gold, Platinum, and Black cards, as well
as staking bonuses. The higher tier cards have higher spending and ATM
withdrawal limits. ZOOM holders can also use ZOOM tokens to use for withdrawal
fees.
Crypto Expert
Organization :
So the higher the CoinZoom visa card the higher the prize
that will be generated sir?
Mr. Ben Crosland :
The more ZOOM token you hold, the higher VIP and card level
the customer will have. This includes higher discounts on trading, higher
spending limits, up to 5% back on all purchases.
Crypto Expert
Organization :
Fiuuu ( Whistling )
This will be very profitable for $ ZOOM holders
Ok next question
What other innovations can we expect from CoinZoom in the next few
years?
Mr. Ben Crosland :
CoinZoom plans to add many features in the future. In 2021
we plan to add the feature of margin trading, allowing our users to trade up to
5x leverage on the CoinZoom exchange. We also plan to add the interest earning
feature. This will allow our customers to earn interest on their crypto as they
HODL their crypto on our exchange. We also plan to add CoinZoom Commerce. A
payment gateway for merchants to have the ability to accept crypto payments.
That is something we have in the works. Crypto
Expert Organization :
Crypto Expert
Organization :
So for the roadmap. In 2021 the CoinZoom project will be a
lot of activities 💪
Cheer up sir 💪
@CoinZT OK sir I feel my question has been answered in
detail by you I am very satisfied with the answer you gave, thank you
Mr. Ben Crosland :
Thank you!
SEGMEN 2 : QUESTION FROM TWITTER
Crypto Expert
Organization :
well we will go to session 2 yes those are the 5 best
questions we have selected from Twitter 🤝
Are you ready ? well we will go to session 2 yes those are
the 5 best questions we have selected from Twitter 🤝
Are you ready ?
Mr. Ben Crosland :
Yes I’m ready
Crypto Expert
Organization :
Extraordinary enthusiasm to answer questions from this AMA
event 🎉
Q1. From Twitter :
@HolderEthereum
CoinZoom claims to be the first fully Centralized Exchange, so what
features does CoinZoom @exchange have
that other CEX like Bilaxy, Kucoin and Hotbit don’t?
https://twitter.com/HolderEthereum/status/1339227464334249984?s=19
Mr. Ben Crosland :
Compared to those exchanges. CoinZoom offers a true Visa
Debit card. CoinZoom is a direct partner with Visa. We are an official program
manager with Visa. CoinZoom allows users to spend their crypto in real time.
Also, with CoinZoom. We are the cheapest exchange in terms
of being able to get 50% trading discount. At Huobi, you have to spend hundreds
of thousands of dollars to get the 50% trading discount. With us it’s 100,000
ZOOM which at the price now is a fraction of what Huobi costs.
Crypto Expert
Organization :
For those who have the following twitter :
https://twitter.com/HolderEthereum
I hope you are satisfied to hear the answer from Mr. Ben
Crosland 👌
Ok next
Q2. From Twitter :
@R7Clover
Feature is the most vital thing in building project growth, a product will
not develop without good feature and promotion, whatever it is good. so, how
about CoinZoom? Can you provide a list of killer features that scare your
competitors over your project?
https://twitter.com/R7Clover/status/1339063975225516032?s=19
Mr. Ben Crosland :
CoinZoom features a Visa card that allows users to spend
their crypto in real time. We are the only exchange with a true Visa debit
card. Crypto.com is a prepaid debit card that you have to sell your crypto
first in order to spend with their card. CoinZoom allows users to use their
crypto in real-time at any Visa merchant or ATM. CoinZoom also features ZoomMe
which allows CoinZoom users to send and receive USD or Crypto around the world
for free. CoinZoom also features choice pricing on multiple cryptocurrencies
including BTC, ETH, XRP and others.
Crypto Expert
Organization :
For those who have the following twitter :
https://twitter.com/R7Clover/status
I hope you are satisfied to hear the answer from Mr. Ben
Crosland 👌
Q3. From : @RakaSidn_
How is the CoinZoom Visa Card different from the Visa Cards issued by
other projects? Are there any special advantages of the CoinZoom Visa Card?
https://twitter.com/RakaSidn_/status/1339444779097018369?s=19
Mr. Ben Crosland :
The CoinZoom Visa card is a true debit card. It is not a
prepaid card like wirex or crypto.com
The CoinZoom Visa card allows users to preselect which
crypto they want to spend. When the user swipes the card it automatically
debits the exact amount of crypto value of the purchase from the crypto wallet.
This is all done at point of sale. Other prepaid cards like Crypto.com cannot
be used at hotels, rental car agencies, etc. with the CoinZoom Visa card you
can
Crypto Expert
Organization :
Q4. From Twitter :
@sandinagauno16
I don't actually understand the techniques for entering the
market. For that I want to follow other
traders. Does coinzoom have features
like copy trades so I can enter the market without fear?
https://twitter.com/sandinagauno16/status/1339511391615504385?s=19
Mr. Ben Crosland :
Hi,
For regulatory purposes, we do not offer copy trading.
Crypto Expert
Organization :
Can you add a little meaning, sir?
https://twitter.com/sandinagauno16
All right, hopefully those who have the following twitter
will attend this AMA and listen to the explanation that has been said by Mr.Ben
Q5. From :
@Corrie_Dorf
Will you implement a token burn? Doing something like this will both
increase the value of existing token holders, but also give certainty and trust
to your users.
Hey! Its Christmas Time! Do you plan to offer special promotions to
CoinZoom's user?
https://twitter.com/Corrie_Dorf/status/1339087125031972867?s=19
Mr. Ben Crosland :
We are not planning on doing a token burn.
CoinZoom is currently holding a sweepstakes of $50,000 BTC
giveaway for Christmas!
Crypto Expert
Organization :
Affordable minimum prices 👌 who want to adapt,
please adapt immediately. Previously, could you share the website address for
the giveaway here, sir?
Mr. Ben Crosland :
https://www.coinzoom.com/sweepstakes-rules/
Crypto Expert
Organization :
If 1 hour has passed and finally we enter the last session,
yes, that is a session of direct questions from the community
Are you ready sir?
Mr. Ben Crosland :
Yes I’m ready
Crypto Expert
Organization :
Good 💪
Crypto Expert
Organization :
I do not know that 😭
Can it still be accessed, sir?
Mr. Ben Crosland :
To enter to win. You just need to sign up with CoinZoom and
trade at least $10 dollars on the exchange. Every $10 traded on the Platform
equals 1 entry into the sweepstakes.
The sweepstakes ends on January 1st. Sign up with CoinZoom
today to win!
SEGMEN 3 : LIVE AMA
Q1. From @Alapalapsambernyawa
Will Zoom Token be traded outside the CoinZoom market such as Binance,
Okex etc.? Can I save ZoonToken in my personal wallet such as Trustwallet,
Metamask, Coinomi etc.?
Mr. Ben Crosland :
We are working to have ZOOM listed on other exchanges
Q2 From @ @Capt_Star1
Is this project global? If not which regions can make use of your
services and which ones are excluded?
Mr. Ben Crosland :
CoinZoom platform and exchange is available in a all
countries and Jurisdictions except for countries that are listed on the OFAC
list. For example: North Korea, Iran, Venezuela, Iraq and others. We have
Onboarded summoners from 183 countries that are using CoinZoom today.
Q3. From @VictoriaBTC20
Do you have a Global ambassadorial Program or Referral Reward System?
Do I get any benefit from holding $ZOOM
in long-term ?
Mr. Ben Crosland :
https://medium.com/@CoinZoom/new-coinzoom-referral-program-is-live-467f97592fa7
Q4. From @bimasurya88
Can you explain how is your Tokenomics Distribution? How many tokens
Will be minted ? And How many tokens Will be locked by the team?
@CoinZT
Mr. Ben Crosland :
Token Metrics
ZOOM is an Ethereum ERC20 utility token, with a limited
total supply of 600M, the token distribution is as follows:
• 50% VIP – Available for purchase by
community members in order to participate in the VIP rewards program.
• 30% Rewards – These tokens will be
distributed to reward users and grow the CoinZoom community.
• 20% Team Incentives – Subject to 3-year
vesting schedule.
Q5. From @Mim879
Security is very important and valued by today's users. Can you
describe the security that Your project ??? And if there is a hack, is there
insurance for investors?
(Because nothing is impossible ,,,, If God said it happened ,, well it
happened)
Mr. Ben Crosland :
The safety of clients funds is the main priority for
CoinZoom. Cold storage Wallets are provided by BitGo, the leader in digital
asset financial services. BitGo Custody carries $100,000,000.00 in insurance
protections through a syndicate of underwriters through the Lloyd's, the
world’s specialist insurance and reinsurance market. And this premium service
comes in at no additional cost (details can be found here)
The $100 million policy covers digital assets where the
private keys are held 100% by BitGo in the event of:
• Third-party hacks, copying, or theft of
private keys
• Insider theft or dishonest acts by BitGo
employees or executives
• Loss of keys
CoinZoom has chosen BitGo as its custodian because BitGo
provides 100% cold storage technology in bank-grade Class III vaults and the
BitGo platform is SOC 2 Type 2 certified. Advanced authentication mechanisms
are employed to ensure the authenticity of data, and assets are distributed
geographically and organisationally.
It is the account holders’ responsibility to safeguard their
accounts by means including but not limited to using a strong password,
enabling two-factor authentication and controlling all login credentials to
CoinZoom.
Q6. From @lahkoklu
can you explain about the types of trades at CoinZoom and explain to
all of us so we can move to the exchange at CoinZoom?
Mr. Ben Crosland :
CoinZoom allows for buy limits, sell limits, and market
orders. We will be adding more order types in 2021 as well as 5x leverage
trading.
Q7. From @btcltcrich
How many users today are using the zoom exchange?
Mr. Ben Crosland :
Over 100,000 users. Over a third of our users are in Asia.
We plan to have the CoinZoom Visa card in Asia by the end of next year.
Tidak ada komentar:
Posting Komentar