What is the Zumo Trade wallet?

Zumo Trade is a new custodial, or hosted, wallet available to all customers - a Zumo-managed account that custodies your crypto funds on your behalf. Going forward, all exchanges will be initiated from your Zumo Trade wallet. Best of all, exchanges with Zumo Trade will no longer have to pay any blockchain network fees, meaning that our flat 0.5% exchange rate will now be even more affordable for you and will be the only fee you pay.