By selecting to participate in the Damex Earn Reward Programme, the User shall be entitled to receive a fixed number of the same Digital Asset to be calculated and allocated to the User, into the nominated Wallet associated with their User Account. Each Damex Earn Rewards Programme shall be referred to as a “Programme the User, shall remain under the User’s sole legal ownership. Each Damex Earn Rewards Programme shall be referred to as a “Programme”
A User who opts-in to a Programme shall have the right to opt out at any time before the end of the Lock-Up Period. However, upon opting out, the User shall not be entitled to receive any DE Reward accrued under that Programme and the initial opted-in Digital Asset shall be credited back to the User’s Available Balance.
The User understands and agrees that the DE Reward Rate for any subsequent Programme may differ from the DE Reward Rate of the previous Programme.
A User may opt-in to or opt-out of automatic renewal at any time without affecting the terms of the Programme to which they had submitted Digital Assets
In the event Damex terminates a Programme, users can no longer opt-in. Digital Assets locked in a pending Programme shall be released in full and credited to the User’s Available Balance at the end of the Lock-Up Period, regardless of the auto-renewal settings.
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Accessing corporate bank accounts has become more and more difficult over recent years, particularly for companies deemed to be medium or high risk.
Damex offers three alternative custody solutions.
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Join the DAMFAM.
We are dynamic, we are progressive, we are united.
We are dedicated to make ownership and management of Digital Assets simplified.
As you may have read, Damex’s retail arm has been acquired by Ziglu, one of the world’s leading licensed cryptocurrency platforms. We’re ready to officially join forces, so you can benefit from Ziglu’s platform.
If you are a UK or Gibraltar retail customer, we invite you to transfer your account and services with Ziglu.
If you are an EEA customer migration to Ziglu will be available in phase two, expected in Q1 2025.
The transfer process of your Damex account to Ziglu is simple and secure.
Simply follow the link in your email to create your Ziglu account, where you will be guided through the necessary steps to confirm your account details and agree to Ziglu’s Terms of Service.
Suppose you are already a Ziglu customer then, good news! In that case, simply email us at [email protected] requesting a balance transfer to your Ziglu account. Once we’ve done all the necessary verification we will connect your Ziglu account and you will see your Damex funds reflected there within 5 business days, at no cost to you.
Once you’ve been verified as a Ziglu customer, Damex will receive a prompt and any remaining balance on your Damex App will be automatically transferred to your Ziglu account within 5 business days, at no cost to you.
Accounts & Payments
Exchange & Trading Features
Crypto Yield Accounts
Cards [UK only, GIB feature access from 2025]
Settings & Other
There is no charge to a customer when ordering either a Virtual or Physical card.
Ziglu does not currently support direct debits for the account. It’s recommended that customers change any required direct debits to a supported account.
Transactions will be charged to the currency the card has been issued in. Any transactions that take place outside of the issued currency will incur the Mastercard FX rate fee. When traveling there is the option to temporarily convert currency into either USD or EUR with a favourable FX rate, transactions will then be linked to that currency.
More information on asset support and services offered by Ziglu for Damex clients can be found here.
Not all assets provided by Damex are offered by Ziglu. If you own one of the following assets, you must exchange or withdraw it from the Damex App before signing up with Ziglu:
If you do not wish to transfer your Damex account to Ziglu, you can withdraw your assets and close your account.
Apple Pay is currently not present in Gibraltar