There are many ways to deposit funds into your CoinZoom account. Each has their advantages. This chart compares what kinds of funds can be deposited with each method, any fees involved, how long they take to post to the account and the hold period before the funds can be withdrawn.
Current CoinZoom fees and maximum deposit amounts can be found on this page under the Deposit & Withdrawal Fees tab.
The Time to Post column indicates how long it normally takes for the deposit to settle between CoinZoom and the financial institution. The Hold Period column indicates the amount of time before funds can be withdrawn. You may still buy and sell on the exchange while the funds are on hold.
| Deposit Methods | Fees | Time to Post | Hold Period | Limit | Currency |
| Wire Transfer* | Free | 1-2 business days | 1 day | $250,000/ day | USD |
| Debit/Credit Card | 1.99/ transaction | Immediately | 0-7 days | $500- $10,000 based on Prime Levels | USD |
| ACH Transfer/ Direct Deposit** | Free | 1-2 days | None | $100,000/ day | USD |
| CoinZoom Cash | 5% with a minimum of $6 | Immediately | 30 minutes | $20 min $500 max $1,000/ 24 hours $10,000/ 30 days | USD |
| ZoomMe | Free | Immediately | None | No Limit on Crypto $500-$10,000 for USD based on prime levels | USD/ Crypto |
| External Wallet | Free | Immediately | None | No limit | Crypto |
| Google/Apple Pay | 1.99/ transaction | Immediately | 0-7 days | $500- $10,000 based on Prime Levels | USD |
*Requires a Gold, Diamond or Black Prime Level for accounts in the United States
**ACH is only available in the United States
Hold Period
The Hold Period is the time you must wait to withdraw funds you have recently deposited into your CoinZoom account. Until the hold on the funds has been released, you cannot withdraw them from CoinZoom, transfer them out of your account, or spend them using the CoinZoom Visa debit card.
You can see when a hold expires in the app by tapping USD, Withdrawal, and then Withdrawal Restrictions. All holds are put in place to allow sufficient time to dispute potentially fraudulent transactions. The window for debit card disputes is determined by the financial institutions' policies and CoinZoom cannot change them. Funds will only be shown if you currently have funds on hold.
Note: Fees listed as "Free" indicate CoinZoom does not charge any fees. Fees from your financial institution may still apply.