CoinZoom review
Updated September 28, 2026 · VaultCue Editorial Team · Facts checked September 26, 2026
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Our verdict
CoinZoom was founded in 2018 and sends money with Instant delivery, so it suits people paying relatives or staff abroad who need cash or a card payout fast. Support runs on chat, email and phone, and the licences sit in the US, Puerto Rico and Australia.
Key facts
- Best for
- Transfer fees of free with Instant delivery and bank, cash pickup and wallet payout options.
- Transfer fee
- Free↗
- Delivery time
- Instant↗
- Payout methods
- Bank, Cash-pickup, Wallet, Card↗
- Fee to send 1,000
- $0↗
- Legal entity
- CoinZoom, Inc.↗
- Headquarters
- United States↗
- Founded
- 2018↗
- Support channels
- Chat, Email, Phone, Help-centre↗
- Official website
- coinzoom.com
Facts checked September 26, 2026, 5 sources
Apps and profiles
- Get the app
- App StoreGoogle Play
Pros and cons
Pros
- Payouts cover bank, cash pickup and wallet, so a recipient can take the money into a bank account, collect it in cash, receive it in a wallet or have it loaded onto a card.
- Delivery is Instant, which suits rent, supplier invoices and family support that cannot wait.
- Support runs on chat, email and phone, so a question can go to a person by phone or live chat as well as by email.
- Regulated on both sides of the Pacific: a FinCEN registration in the US and an AUSTRAC digital currency exchange licence in Australia.
Cons
- The New York Department of Financial Services money transmitter licence is Pending, so senders based in New York have less cover.
- The exchange licence DCE100590284-002 covers Australia while the US permissions are granted state by state, so coverage is uneven across markets.
- Skrill charges nothing when a bank transfer funds the payment either, so the free transfer fee is not the only cost free option in this group.
Who it suits
- People paying relatives or staff abroad who need the money in cash, in a wallet or on a card, given bank, cash pickup and wallet.
- Senders who want help from a person by phone or live chat as well as in writing, since support runs on chat, email and phone.
- Anyone moving money where the sender and the recipient sit in the US, Puerto Rico or Australia, which is where the licences are held.
Who should look elsewhere
- Skrill, if you pay by card and want the fee shown as a percentage, since Skrill charges a percentage on debit and credit card funding.
- PayPal Colombia, if you want international transfers priced with a percentage, a minimum and a maximum, which is how its fees are set.
- Paysera, if you send euro inside SEPA, since Paysera keeps transfers to Paysera and SEPA users free within a monthly allowance.
How CoinZoom compares
9.1 vs 8.0
9.1 vs 8.5
9.1 vs 8.5
9.1 vs 8.9
9.1 vs 9.1
9.1 vs 8.6
9.1 vs 9.0
9.1 vs 8.9- 9.1 vs 8.9
9.1 vs 8.8
9.1 vs 8.8
9.1 vs 8.4
9.1 vs 8.0
Where CoinZoom is available
- Licence in United States
- FinCEN (US Financial Crimes Enforcement Network) (MSB registration 31000258236203; NMLS ID 1735216), checked September 26, 2026
- Licence in Australia
- AUSTRAC (Digital Currency Exchange) (DCE100590284-002), checked September 26, 2026
- Licence in United States
- Arizona Department of Financial Services (Money Transmitter) (MT-0949521), checked September 26, 2026
- Licence in United States
- New York Department of Financial Services (Money Transmitter) (Pending), checked September 26, 2026
- Licence in Puerto Rico
- Puerto Rico money transmitter (NMLS ID 1735216), checked September 26, 2026
Frequently asked questions
What does CoinZoom cost to send money?+
CoinZoom lists its transfer fee as free, and the fee amount shown is $0. That is the headline charge for moving money through the service. Card funded payments work differently at rivals: Skrill charges a percentage on debit and credit card funding, and PayPal Colombia charges a percentage on international transfers.
How fast is a transfer with CoinZoom?+
Delivery is listed as Instant, which suits payments that need to land straight away, such as rent, a supplier invoice or family support. Timing can still depend on how the recipient is paid, so a bank account, wallet, card or cash pickup can mean a different waiting period for the person receiving the money.
How can the person receiving the money get paid?+
Payouts cover bank, cash pickup and wallet. The recipient can take the money into a bank account, collect it in cash, have it sent to a wallet or have it loaded onto a card. Cash pickup suits someone without a bank account, while a bank transfer suits a regular payee who wants the money on an account.
What support can I get from CoinZoom?+
Support runs on chat, email and phone. A phone line and live chat sit alongside email and a help centre, so a question about a payment that has not arrived can be raised by phone as well as in writing. That matters most when a transfer is time sensitive for the person waiting on it.
Is CoinZoom regulated in the US?+
In the US, CoinZoom is registered with FinCEN under MSB registration 31000258236203; NMLS ID 1735216 and holds a money transmitter licence in Arizona, MT-0949521, along with a Puerto Rico money transmitter registration. The registered company is CoinZoom, Inc..
Does CoinZoom hold licences outside the US?+
CoinZoom holds a digital currency exchange licence in Australia under AUSTRAC, DCE100590284-002, and a money transmitter registration in Puerto Rico, NMLS ID 1735216. Elsewhere, the permissions held are the US state money transmitter licences, so it is worth checking both sender and recipient countries first.
Can I use CoinZoom if I am based in New York?+
The New York Department of Financial Services money transmitter licence is Pending, so that state licence has not been granted yet. The Arizona licence, MT-0949521, shows the state by state pattern, with New York still open.
How does CoinZoom compare with Skrill and PayPal Colombia on fees?+
CoinZoom lists a transfer fee of free. Skrill charges nothing on bank transfers but a percentage on debit and credit card funding, while PayPal Colombia charges a percentage on international transfers with a minimum and a maximum. Paysera keeps euro transfers to SEPA and Paysera users free within a monthly allowance.
Sources
- coinzoom.com/en/about checked September 26, 2026
Backs: Founded
“CoinZoom was established in the United States in 2018 by financial services veterans”
- coinzoom.com/en/fees checked September 26, 2026
Backs: Payout methods, Transfer fee
“Withdrawal fees: CoinZoom Instant 1.75% ($1.50 min), ACH Free, Domestic wire $35, International wire $50, Crypto wallet Network variable; CoinZoom Visa Card fees: Cash withdrawals (domestic &...”
- coinzoom.com/en/licenses checked September 26, 2026
Backs: Legal entity, Licences
“CoinZoom, Inc. is a U.S. registered Money Services Business with FinCEN in all 50 states (NMLS ID 1735216, MSB registration 31000258236203).”
- coinzoom.com/en/support checked September 26, 2026
Backs: Headquarters, Support channels
“CoinZoom, Inc. - 4640 S Holladay Village Plaza, Suite 206, Salt Lake City, UT 84117”
- coinzoom.com/en/zoomme checked September 26, 2026
Backs: Delivery time, Fee to send 1,000
“Money arrives the moment you hit send. No pending, no processing delays.”
Compiled from 5 source pages, checked September 26, 2026. We did not open an account.
Not confirmed yet: Exchange rate markup, Licence type.
Related by the facts
CoinZoom
Transfer fees of free with Instant delivery and bank, cash pickup and wallet payout options.