Yum Yum Crypto Exchange Review - Features, Fees, Security & Verdict

When scouting a place to trade digital assets, Yum Yum crypto exchange is a newly launched platform that promises low fees, a simple UI, and a strong focus on security. Because the market is crowded, a clear, unbiased review helps you decide whether Yum Yum is worth your time and money.

Key Takeaways

• Yum Yum offers a Tier‑1 fee schedule starting at 0.12% per trade, which undercuts many established exchanges.
• Security leans on multi‑factor authentication and 98% cold storage for user funds.
• Only 45 cryptocurrencies are listed at launch, focusing on high‑liquidity assets.
• The exchange is registered in Malta but lacks a full Australian licensing, which could matter to local traders.
• User experience scores are solid (4.2/5 on major review sites), but customer support response times are mixed.

What is Yum Yum Crypto Exchange?

Founded in early 2024, Yum Yum positions itself as a “mobile‑first” platform for casual and intermediate traders. The company’s headline claims are low latency, sub‑0.5second order execution, and a “no‑surprises” fee model. Its headquarters are listed in Valletta, Malta, a jurisdiction known for crypto‑friendly regulations, while an operational office exists in Singapore for technical development.

Security Measures

Security is the first line of defense for any exchange, and Yum Yum has built its safeguards around three pillars:

1. Multi‑factor authentication (MFA) is mandatory for withdrawals, with options for SMS, email, and authenticator apps.
2. Cold storage holds 98% of user funds in air‑gapped hardware wallets, audited quarterly by a third‑party firm.
3. All API traffic is encrypted using TLS 1.3, and the platform undergoes annual penetration testing to spot vulnerabilities.

Beyond the tech, Yum Yum requires Know‑Your‑Customer (KYC) verification for any account holding more than $5,000 worth of crypto. The KYC flow uses OCR to read passports, driver’s licences, or national IDs, and the data is stored on encrypted servers compliant with GDPR.

Fee Structure

Fees are where many traders draw the line. Yum Yum’s model is straightforward:

• Maker fee: 0.10% for volumes under $10,000 per month.
• Taker fee: 0.12% for the same volume tier.
• Fees drop to 0.05%/0.07% once you trade over $250,000 monthly.
• No hidden deposit or withdrawal fees for major fiat pairs (USD, EUR, AUD). Minor altcoin withdrawals incur a flat network fee.

By comparison, Binance’s standard taker fee sits at 0.10% and Coinbase’s at 0.50%, making Yum Yum attractive for cost‑conscious traders.

Supported Cryptocurrencies & Trading Pairs

At launch, Yum Yum lists 45 cryptocurrencies across 12 fiat pairs. The lineup includes the usual suspects - Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Cardano (ADA) - plus a handful of emerging DeFi tokens like Uniswap (UNI) and Aave (AAVE). Each asset is paired with USD, EUR, and AUD, giving Australian users direct fiat on‑ramps without needing a third‑party gateway.

While the list is curated for liquidity, power users may miss niche coins that larger exchanges support. Yum Yum has announced a quarterly review process to add up to 10 new assets based on community demand and volume metrics.

Regulatory & Compliance Landscape

Yum Yum’s registration in Malta means it follows the European Union’s Fifth Anti‑Money‑Laundering Directive (5AMLD). The exchange is also a member of the Malta Financial Services Authority (MFSA) sandbox, which grants it a degree of regulatory oversight without the full licensing burden of a traditional bank.

However, the platform does not hold an Australian Financial Services (AFS) licence, which could limit the use of its fiat‑deposit features for Australian residents. Users can still deposit AUD via local bank transfers, but the exchange must rely on a partner bank that holds the appropriate licence. This indirect approach introduces a mild counter‑party risk that traders should weigh.

User Experience & Customer Support

The mobile app, available for iOS and Android, scores 4.3/5 on the App Store and 4.1/5 on Google Play. The UI follows a clean “card‑based” design: balances sit at the top, followed by quick‑trade buttons, and a collapsible market watchlist. For desktop users, the web portal mirrors the app’s layout, with additional charting tools from TradingView.

Customer support is offered through live chat, email, and a ticket system. Live‑chat response times average 3‑5minutes on weekdays but stretch to 30minutes during high‑volume periods. Email replies are typically within 24hours. The support team publishes a public “status page” that logs downtime and maintenance windows, a practice that builds trust.

How Yum Yum Stacks Up Against the Big Three

The table shows that Yum Yum punches above its weight on fees and cold‑storage practices, even if its coin selection trails the industry giants. For traders who value a lean fee schedule and robust fund protection, Yum Yum could be the sweet spot.

Pros, Cons & Final Verdict

Pros

• Transparent, low fee structure that rewards higher volume.
• 98% of assets stored offline, reducing hack risk.
• Mobile‑first design with a smooth onboarding flow.
• Regulated under Malta’s MFSA sandbox, offering a clear compliance framework.

Cons

• Limited coin roster (45coins) may not satisfy niche traders.
• No direct Australian licence, creating a small regulatory gap for local users.
• Customer support response times can lag during peak periods.
• Liquidity on smaller altcoin pairs is modest compared to larger exchanges.

Overall, Yum Yum is a solid choice for everyday traders who prioritize fee savings and security over the breadth of assets. If you’re a power trader chasing every new DeFi token, you may still want to keep a larger exchange as a secondary hub.

Frequently Asked Questions

Ready to give Yum Yum a spin? Sign up, complete KYC, and start with a modest deposit to test the platform’s speed and fee impact on your strategy.