Review of the Dex-Trade exchange
Dex-Trade is a centralized exchange that takes #84 on Guru InvestingExchange Tracker. Dex-Trade has trading volume US$100,082,246 in the last 24 hours and US$48,633,938,365 in the last 7 days.
Dex-Trade currently has 90 cryptocurrencies, 0 paper currencies and 159 markets (cryptocurrency trading pairs). The most popular trading pair on Dex-Trade is BTC/USDT.
Compare Dex-Trade next to other exchanges here: Exchange comparison tool.
The Dex-Trade cryptocurrency exchange was founded in 2017 as a modern platform for trading cryptocurrencies. Although it is based in Belize, it is available to users all over the world, except for the United States of America, Crimea region, Cuba, Iran, Iraq, North Korea, Sudan and Syria.
Registration and activation in Dex-Trade is a very simple process, and KYC checks are not mandatory, except for large traders with large balances.
Markets
The Dex-Trade cryptocurrency exchange has 6 markets available for trading. These markets include BTC, USDT, USDC, DAI, ETH and TRX. In general, there is 247 Dex-Trade trading pairs available to users for trading and making a profit.
The platform accepts deposits only in cryptocurrencies.. Dex-Trade commission is not charged for cryptocurrency deposits. However, there is a fixed Dex-Trade cryptocurrency price of 0.0005 BTC for Bitcoin withdrawals. Other cryptocurrencies have their own specific withdrawal fees, which are highly dependent on the blockchain used.
Dex-Trade commissions for cryptocurrency creator and taker transactions are 0.2% and 0.1%, respectively. They correspond to the market average. Moreover, it is not possible to reduce your trading fees even if you have accumulated a large Dex trading volume.
Dex-Trade has its own token called DXC coin. DXC owners receive benefits in the referral program, private club membership, voting rights, access to new listings before other traders, conversion of illiquid small assets into liquid tokens, and much more. The DXC token was launched on January 21, 2021, with a maximum supply of 21 million coins and a starting price of $21.
other services
Dex-Trade spot trading is a distinctive feature of the platform. However, there is another interesting feature: demo trading designed for both beginners and more experienced traders. This feature gives beginners the opportunity to learn how to trade without risking their funds. At the same time, professionals can test their trading strategies and improve their tactics. Margin tradingon the other hand, is not available, although it was announced on the platform.
Besides, bid available in beta from QTUM token as of this writing, it is the only asset that can be put on the line.
Moreover, Dex-Trade has 3-level referral program for users who want to earn passive income by inviting their friends to join the service. By default, any registered user can participate in this program. Each referral level has its own reward – 15% is paid for the first level, 10% for the second, 5% for the third. There is no limit to the number of judges you can invite.
The platform also offers IEO (initial exchange offering) platform for launching crypto projects. Thanks to this feature, you can buy new coins and tokens before they officially open their trading. In addition, users can buy coins and tokens at a reduced price compared to the open trade price and receive bonuses from some projects.
The Dex-Trade crypto exchange has finally launched four P2E (Play-to-Earn) games on a platform that includes Flip Flop, Fortune Teller, Scissors, Paper Stone and Keno. This is another opportunity for users not only to have fun, but also to earn tokens for exchange for other tokens. These games are also designed to provide beginners with their first experience with cryptocurrencies in an entertaining way.
About company
Dex-Trade cryptocurrency exchange was founded in 2017 in Belize Marilyn Miller. She is the co-founder and business development manager of the platform. Muller has 2 years of experience in business development of crypto exchanges. With the exception of Marilyn, there are few details available online about the other members of the team. Most core team members are believed to be anonymous.
As of December 2022, the daily Dex trading volume is approximately $134 million.
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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.
