The CoinZoom app has both Lite and Pro modes. The Lite mode streamlines crypto trading while the Pro mode gives you access to advanced trading capabilities. These modes affect only buying and selling crypto and make no difference for features such as deposits, withdrawals, or managing your card. 

Main Differences

Lite mode is simpler and faster for placing orders, but is limited to market orders. Lite mode allows trading only in whole dollar amounts. 


On the other hand, Pro trades often have lower trading fees because it allows non-market order types, which increase market liquidity. In addition Pro mode gives greater control on execution prices with non-market order types and helps you to optimize your trades with charting tools and insight into all pending orders, volumes, prices. 


This chart outlines the major differences between the two mobile apps. 


Feature/FunctionalityLite ModePro Mode
Buy, Sell, Trade on the GoXX
Send money and crypto for free to your friends and family anywhere in the world with a touch of a button
X
X

Easily spend crypto on your virtual CoinZoom Visa card

XX

Available in iOS and Android

XX

Technical indicators


X

Detailed order book


X

Market orders

XX
Limit orders
X
Stop orders
X
One-cancels-the-other (OCO) orders
X


Chose either mode from the CoinZoom app at the top of the Trading screen.

Choose the Lite or Pro mode from the Trading tab.

Trading Crypto

Lite Mode

When trading crypto in Lite mode, you can manually enter the dollar amount for the crypto you want to trade. Or you can 

  1. Tap the crypto name below the dollar amount in the middle of the screen to swap between dollars and crypto
  2. Choose predefined dollar amounts 
1) Tap the crypto to toggle between it and USD. 2) The preset amount buttons are a convenient way to choose how much to trade. 

Pro Mode

When trading crypto in Pro mode, you enter the amount of crypto your want to trade. To determine the amount to enter, divide the dollar amount by the current buy price of that crypto. For example, if the current buy price for BTC is $84,847 and you want to purchase $300.00 USD worth of BTC: 300/84,847 = 0.0035357 BTC. Enter 0.0035357 as the amount of BTC you want to buy.

Enter the amount of the coin you want to trade (left) and refer to the dollar amount (right) to see the USD equivalent.

Charting

Lite Mode

The Lite mode has basic charting. Drag your finger on the chart to see the price for that time period. Choose a preset below the chart to see the chart in a different granularity (1 Minute, 1 Day, 1 Week, etc.)

Basic charting lets you see the price for the time period where you lay your finger on the chart. 

Pro Mode

The chart bar in Pro mode allows you to 

  1. Change the date granularity
  2. Show trading data where you hold your finger in the chart
  3. Swipe back and forth
  4. Choose technical indicators. 
Tapping on the icons in the chart toolbar lets you choose different analysis options.

Pro mode has several chart analysis studies for experienced traders. These studies show technical trend analysis that help experienced traders spot market opportunities, strengths and weaknesses. These studies tend to focus on support and resistance levels to identify the low and high prices that the currency has historically moved between. While it is impossible to accurately predict future prices, historical analysis is used to help reduce risks and increase the chances of gain. 

Tap the gear icon to see and select technical indicators.


Technical indicators include 

  • Trade volume, which helps identify trader sentiment
  • Relative strength, which compares one currency against another
  • Momentum indicators, which show strength of up or down movement.

Only Pro mode has charting tools. 

Order Book

Lite Mode

There is no order book in Lite mode. 

Pro Mode

Pro mode gives you insight into the current market by letting you see the Order Book detail. 

  1. See the full list
  2. View sell and buy orders side-by-side
  3. See the latest trades
The Order Book lets you see the current market.