Dex Trade Review – Fees, Supported Coins & Countries, Payment Methods

2022-2-23 14:34

Dex-Trade Overview

One of the hardest decisions all crypto investors need to make is which exchange or crypto platform to use. There are a lot of efficient, good exchanges that can suit your profit goals. But, how do you choose the right one? This is where Captainaltcoin comes in – we do extremely thorough reviews on various exchanges and try to help you decide which one to use. In this article, we will explain the Dex-Trade exchange. 

As per the Coinmarketcap platform, Dex-Trade is in the top50 crypto exchanges in the world (24-hour trading volume). The exchange has been around long enough since it was launched in 2017. The headquarters of the company is in London, the United Kingdom.

Dex-Trade is widely popular exchange, and at the time of writing (January of 2022), it has more than 150,00 active users. Furthermore, Dex-Trade is a trustworthy exchange that pays a lot of attention to security – it has a security certificate from SecExpert and a GDPR certificate.

Dex Trade Visit Now

The goal of the platform is to be suitable for both beginner and experienced traders. The best way to do this is to have a beginner-friendly interface with spot trading (suitable for beginners), and advanced trading features such as staking or margin trading (suitable for experienced traders). So, this is exactly what Dex-Trade tries to do, although, at the time of writing, margin trading, futures, and derivatives features are still being developed by the Dex-Trade’s team.

In this article, we will go through Dex-Trade’s features, supported coins, deposits, withdrawals, fees, supported countries, safety, regulations, and many others factors about the exchange. So, without further ado, let’s jump into details. 

Note: Keep in mind that these are only my opinions based on my thorough investigation of the Dex-Trade exchange. In any case, please do your own research before deciding whether you want to use it or not.

At this point, it is good to note that all opinions and suggestions written in this article are not considered financial advice. 

Services & Features Spot exchange

If you want to do spot trading with Dex-Trade, just click on the “trade” button and then on the “spot trading” button. Dex-Trade supports more than 140 trading pairs such as BTC/USDT, ETH/USDT, ETH/BTC, SOL/USDT, BNB/USDT, and many others.

When you select a pair, you can see a pretty standard data – price movement in the last 24 hours (in %), high and lows in the same period, and 24-hour volume. 

Dex-Trade IEO

Dex-Trade offers IEO (Initial Exchange Offering) launch area. In fact, this is a token launch platform for perspective projects where you can see the name of the project, tokens amount offered, available currencies, start and end time.

Staking

Dex-Trade offers staking as well. However, at the time of writing, the staking feature is still in the beta version and there is not much to be seen in that section. It seems that only Qtum (QTUM) is available for staking (at least for now) with the estimated annual earning of 0.065%. This is so low earning rate that I believe the team just put it there as a placeholder until the feature is officially established. 

Games

On Dex-Trade, you can play games as well and the purpose of the feature is to allow beginners to fill the interact with cryptocurrencies. There is a demo account for every game. 

Some of the games you can play are Flip Flop, Predictor, Scissors Paper Rock, and Keno.

Free coins

From time to time, Dex-Trade will offer some free coins as well. Each free currency has its own limit on the amount that you can receive in one session. Some of the coins available were ARMX, MER, XBT, and VITC. 

Dex-Trade supported coins

Dex-Trade supports more than 70 cryptocurrencies which is a decent number. Even more importantly, Dex-Trade supports all the major coins such as Bitcoin, Ethereum, Ripple, Litecoin, Tether, Solana, Chainlink, Binance Coin, Dogecoin, Ethereum Classic, Polygon, and many others.

Dex-Trade deposits & withdrawals (Fees, Methods, Limits)

At the time of writing, you can deposit only crypto to your Dex-Trade account, so fiat deposits are not available. Crypto deposits are free of charge.

When it comes to withdrawals, only crypto-based ones are available as well. Fees are in line with the market’s average here and it varies from crypto to crypto. For example, it is 0.0005 BTC per BTC-withdrawal. 

Finally, there is no info on the website about the deposit or withdrawal limits. In general, Dex-Trade did a pretty poor job on transparency when it comes to withdrawal and deposits.

Dex-Trade Trading Fees

Trading fees (maker and taker) are 0.2% and 0.1% respectively. These are in line with the market’s average. Furthermore, there are no ways for the trading fees to be lower (like for example if your trading volume is high). 

Dex-Trade supported countries

Dex-Trade is available almost worldwide except in the United States of America, the Crimea region, Cuba, Iran, Iraq, North Korea, Sudan, and Syria.

How to start with Dex-Trade? (steps like registration, activation, verification, etc).

Registration and activation with Dex-Trade is a super easy process. All you need to do is to provide your email and password and then active your email with the link they sent you to your inbox. The whole process is done within 2 minutes.

Once you are done with registration, you need to activate 2FA (2-factor authentication) before using any of the services.

Does Dex-Trade require KYC?

No, as far as I saw, Dex-Trade does not have a mandatory KYC (Know Your Customer) verification system. Most crypto traders will like this. 

However, there is a KYC system on Dex-Trade and you can verify your account if you want to. The withdrawal limit without verification is 1 BTC per 24h, so in general, you do not have to verify your account unless you are an experienced trader and have a bigger balance to withdraw. 

Dex Trade Visit Now Does Dex-Trade have a Native Token?

Yes, Dex-Trade does have a native token – DXC coin. If you decide to buy DXC, you can receive:

Benefits in the referral programParticipation in a private clubVoteAccess to new listings before other tradersConversion of illiquid small assets into a liquid token and many other

It is interesting that DXC was launched on January 21st of 2021 with a maximum supply of 21 million coins and a starting price of $21. 

Is Dex-Trade legit and safe?

Yes, when you take into account that the exchange has been around long enough and that it has a large user base with no reported hacks – you can say it is legit and safe. The main goal of Dex-Trade (as per their team) is to provide a secure, reliable, and stable environment for digital assets trading through its mobile application and web interface.

Is Dex-Trade Regulated?

I could not find any information online on whether Dex-Trade is a regulated exchange or not. When this is the case, I would assume the exchange is not a regulated platform. 

Conclusion

Dex-Trade is definitely a legit crypto exchange that has been around for a long time (launched in 2017). What I like the most about Dex-Trade are two things – its various innovative features and an extremely easy-to-use interface. I say innovative since features like playing games, free coins, or IEO you can’t find on the majority of Dex-Trade’s main competitors. 

However, the platform has its negative sides as well. The thing I did not like the most is that Dex-Traders’s help center does not provide almost any information about deposit and withdrawals limits and payment methods. 

Nevertheless, the team around Dex-Trade seems to be very ambitious and has some serious plans for the future (such as staking or margin trading) so I would not be surprised if in a few years’ time Dex-Trade is right up there with the most popular crypto exchanges in the world. 

Dex Trade Visit Now

Read also:

Best Crypto Leverage Trading Platform in the USABest Crypto Derivatives ExchangesBitOffer ReviewSouthXchange ReviewLCX Exchange ReviewIs ChangeHero Safe?DigiFinex ReviewPocketBitcoin ReviewCoinEx Exchange Review FAQ What fiat currencies does Dex-Trade support?

Dex-Trade supports only USD as a fiat currency (deposits only). EUR and GBT for instance are not supported.

Does Dex-Trade have Fiat Deposit?

Yes, only via bank transfer payment method.

Can I trade with leverage on Dex-Trade?

Not yet, but this feature is in Dex-Trade’s future plans. 

Where is Dex-Trade exchange based?

Dex-Trade exchange is based in London, the United Kingdom.

How do I get crypto on Dex-Trade?

Once you go through the registration process and activate your 2FA, just tap on the “market” tab and you will see the list of coins available for purchase. Of course, before buying the coin, you have to deposit your account. 

The post Dex Trade Review – Fees, Supported Coins & Countries, Payment Methods appeared first on CaptainAltcoin.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Emerald Crypto (EMD) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 4.67 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Цена в час новости $ 0.0095806 (-100%)

crypto use platform exchange lot suit your

crypto use → Результатов: 126


Indian Bank HDFC Issues Negativity-Laden Emails to Customers Using Cryptocurrencies

India’s crypto dilemma does not seem to end as the delays in finalizing regulations were followed by a delay in the judgment over various impending cases in the Supreme court related to crypto use. After the 29th of March hearing was postponed regarding the finalization of crypto regulation by the finance ministry, the crypto community […]

2019-4-28 20:30


Фото:

Brave Teams Up With Civic For Reusable KYC

Vitalik isn’t giving away ETH, but if he ever decided to hold a real giveaway he’d have a heck of a bad time proving that it’s really him. Twitter has proven itself notoriously slow to handle copycats, to the point that scammers can even use verified profiles to mimic famous figures, and a real-life Bond […] The post Brave Teams Up With Civic For Reusable KYC appeared first on Crypto Briefing.

2018-9-24 21:31


Weiss Ratings Boasts Ripple’s XRP Token Is The Only Crypto With Clear Use

Earlier this week Weiss Ratings declared in support of Ripple’s XRP despite the condemnation the cryptocurrency has been receiving recently. Weiss said they are seeing series of hostilities against the cryptocurrency, however, Weiss said it’s wondering why, since Ripple has a clear use in the crypto world when compared to other cryptocurrencies without use cases […]

2018-9-22 18:38


Фото:

Is XRP Considered To Be The Next Bitcoin?

With XRP flying high this week, we want to explore some theories that point towards XRP being the next Bitcoin. Now I do have to define what I mean by this a little more clearly here – I’m not suggesting that XRP is going to become the next Bitcoin by value, or by use, however I am considering ideas that suggest XRP could become the next cultural icon as people simply get tired of Bitcoin.

2018-9-21 13:00


Фото:

Europol: Terrorists Still Use Banks, Fail To Abuse Cryptocurrencies

A new assessment by Europol this week reveals a growing schism between the use of cryptocurrencies by terrorists and other criminals. No European Terrorist Attacks Leveraged Crypto Funds In its Internet Organized Crime Threat Assessment (IOCTA), the organization highlights that while the use of Bitcoin in particular by cybercriminals is growing, terrorists still prefer conventional money transfer methods — banks and wire transfers.

2018-9-21 00:00