CoinZoom is a U.S.-based, centralized cryptocurrency exchange and fintech platform that combines crypto trading with payments-oriented products. The service launched its trading platform in March 2020 and is built around a “send, spend, and trade” model that includes a global Visa crypto debit card and a peer-to-peer transfer product called ZoomMe. CoinZoom also operates a utility token, ZOOM, that is used for rewards, membership tiers, and trading-related benefits within the platform.
CoinZoom operates as a custodial platform, meaning users deposit or purchase digital assets through CoinZoom and the company provides account access, trading tools, and payment features through its app and web interfaces. CoinZoom’s support documentation describes the company as headquartered in Salt Lake City, Utah, founded in 2018 by Todd Crosland, and registered as a Money Services Business with FinCEN. Availability and specific product access depend on jurisdiction and compliance requirements.
CoinZoom markets a global Visa crypto debit card that allows cardholders to spend either USD or supported crypto from a selected “spend wallet.” When crypto is selected, CoinZoom states it converts the cryptocurrency to USD at the point of sale for settlement. The card is positioned for use at over 130 million merchants worldwide and is described as usable in more than 150 countries, subject to local restrictions and merchant acceptance rules.
CoinZoom promotes card rewards that scale through CoinZoom Prime levels. Published materials show rewards starting at a lower base rate for non-membership accounts and rising up to 5% for the highest Prime tier. CoinZoom also lists card controls and operational constraints typical of prepaid-style debit programs, including spending limits, cash withdrawal limits, and merchant-category restrictions that can block specific transaction types.
ZoomMe is CoinZoom’s peer-to-peer transfer feature designed for sending money or crypto between users without transfer fees. CoinZoom describes ZoomMe as an instant, global service intended to reduce costs associated with traditional remittance providers and eliminate in-person cash pickup workflows. The ZoomMe product also references “CoinZoom Instant,” a feature that supports withdrawals to external Visa or Mastercard debit or prepaid cards, with additional benefits for higher Prime membership levels.
ZOOM is CoinZoom’s ecosystem token and functions as a utility and membership asset within CoinZoom Prime. CoinZoom’s ZOOM whitepaper describes ZOOM as an ERC-20 token on Ethereum, with a total supply of 600,000,000 tokens minted in March 2020. The same materials describe a split where 450,000,000 ZOOM are held by community members for participation in CoinZoom Prime and 150,000,000 ZOOM are held in the CoinZoom treasury.
CoinZoom Prime is presented as a tiered membership program based on ZOOM holdings. Published Prime benefits include trading fee discounts, higher limits for select features, and increased card rewards. CoinZoom also ties some referral and promotional benefits to Prime tiers, framing ZOOM as a mechanism that connects platform usage, rewards, and status.
CoinZoom’s public communications describe the platform as operating under U.S. financial compliance requirements, including identity verification and anti-money laundering controls. CoinZoom has stated that it is available in 45 U.S. states and operates with a SOC 2 Type II certification. Product availability can differ by jurisdiction, and international access for card and transfer services is typically governed by local rules and program partners.
All images, branding and wording is copyright of CoinZoom. All content on this page is used for informational purposes only. CryptoSlate has no affiliation or relationship with the company mentioned on this page.
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