ACE Exchange Review
ACE is a centralized exchange that occupies #145 on Guru InvestingExchange Tracker. ACE has trading volume US$8,555,240 in the last 24 hours and US$7,699,187,973 in the last 7 days.
ACE currently has 31 cryptocurrencies, 1 paper currencies and 48 markets (cryptocurrency trading pairs). The most popular trading pair on ACE: ETH/USDT.
Compare ACE next to other exchanges here: Exchange comparison tool.
Launched in 2018, ACE Cryptocurrency Exchange aims to create a professional exchanging fiat money for cryptocurrency in the Chinese community and providing a channel for Taiwanese to communicate with cryptocurrencies.
The company has established partnerships with renowned international law firms, experienced accountants, financial institutions, and regulatory and legislative bodies to meet the most stringent risk control standards. Their certified in-house anti-money laundering team ensures that ACE Crypto Exchange adheres to the strictest requirements. KYC and AML regulations.
For Taiwanese citizens, everything they need to do to pass KYC verification is to register and upload valid government issued identification. However, foreign citizens must upload a copy of their passport along with the selfie.
The platform is quite restrictive as it is not available in many countries. The following countries are not allowed on the platform: Austria, Belgium, Bulgaria, Belarus, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Gibraltar, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg. , Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, United Kingdom, Iceland, Liechtenstein, Norway, Former Federal Republic of Yugoslavia, Ukraine, Serbia, Albania, Cayman Islands, Barbados, Malta, Turkey, Russia, Japan , Democratic People’s Republic of Korea (North Korea), United Arab Emirates, Iran, Iraq, Lebanon, Myanmar, Syria, Taliban, Yemen, Pakistan, Sri Lanka, Cambodia, Philippines, Burkina Faso, Kingdom of Morocco, Central African Republic , Crimea and Sevastopol, Democratic Republic of the Congo, Eritrea, Ethiopia, Guinea-Bissau, Haiti, Libya, Mali, Republic of Senegal, Republic of Mozambique, Somalia, South Sudan, Sudan, Tunisia, Uganda, United Republic of Tanzania. , Zimbabwe.
Markets
The only fiat currency allowed on the platform is Taiwan dollar (TWD). In addition to the TWD market, other markets are available on the platform: BTC, USDT, DeFiand the innovation market. Total exists 55 ACE trading pairs available to the user for trading. ACE spot trading is the only allowed trading option on the platform. Although the platform has plans to add margin and derivatives in the future, it is not available as of January 2023.
Price of ACE cryptocurrency for withdrawal of funds fiat and crypto assets depends on the level of user verification on the platform. BTC withdrawals incur a fee of 0.0002 for withdrawals on the Bitcoin mainnet, while withdrawals through the BSC network incur a fee of 0.000006 BTC. The price structure varies depending on the cryptocurrency and blockchain network in question. For fiat deposits, the minimum amount that can be withdrawn daily depends on the user’s KYC level.
When it comes to trading feesACE exchange fees are charged only on taker trades. All taker trades are charged a flat fee of 0.10%, however all maker trades are free. The purpose of this is to promote and increase liquidity on the exchange. In addition, the ACE cryptocurrency exchange supports fiat currency deposits through bank transfers and credit or debit cards.
About company
The ACE cryptocurrency exchange team consists of David Pan, Hero Wang and Avril Lai. David is a director and consultant of the platform. He had many years of experience in finance and auditing. Prior to joining ACE, he was the former Executive Director of KPMG’s Innovation and Startups practice. Hiro works as a general manager of the exchange with more than 10 years of experience in the Internet and high technology industries. Before working at ACE Avril worked as director of marketing for the Jet-Go consulting group. Avril has experience in branding and has worked with leading brands such as McDonald’s, CHT and others. Avril is currently the Chief Marketing Officer of ACE and Vice President of ABM.
In January 2023, ACE’s trading volume was approximately $8.5 million. To check the current ACE volume, look above.
ACE related pages
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A cryptocurrency exchange is an online platform where you can buy, sell, or trade cryptocurrencies like Bitcoin, Ethereum, and others.
Safety varies by exchange. Look for platforms with strong security measures, like two-factor authentication and cold storage for funds.
Consider factors like security, fees, available coins, user interface, and customer support.
Centralized exchanges are managed by a company, while decentralized exchanges operate without a central authority.
Many exchanges require Know Your Customer (KYC) verification for security and regulatory compliance.
Trading fees vary but typically include maker fees (for adding liquidity) and taker fees (for removing liquidity).
Yes, most exchanges offer cryptocurrency-to-cryptocurrency trading pairs.
Withdrawal times depend on the exchange and the cryptocurrency. Some are instant, while others may take hours or even days.
A wallet address is like a bank account number for cryptocurrencies. It’s required to send your crypto to the right place.
Yes, depending on your country’s tax laws, trading cryptocurrencies may have tax consequences. Consult a tax professional for guidance.
Yes, many cryptocurrency exchanges operate 24/7, allowing you to trade at any time.
A market order buys or sells at the current market price, while a limit order sets a specific price at which you want to buy or sell.
Yes, each exchange sets its own minimum and maximum trading limits, which can vary widely.
It’s not recommended. For security, it’s better to use a cryptocurrency wallet, especially for significant holdings.
Exchanges typically have account recovery processes, including password reset options and support for forgotten usernames.
Some exchanges offer insurance, but coverage can be limited. It’s essential to check an exchange’s insurance policy.
Use strong passwords, enable two-factor authentication, and be cautious of phishing scams and suspicious emails.
Yes, but it’s recommended to learn the basics of trading and understand the risks involved before you start.
Stablecoins are cryptocurrencies pegged to the value of a fiat currency like the US dollar. They provide stability and are commonly used for trading and transferring funds on exchanges.
Yes, regulations vary by country. Many countries have implemented or are considering regulations to govern cryptocurrency exchanges for consumer protection and financial stability.
