Cryptocurrency Exchange Reviews : Top Cryptocurrency Exchange Reviews Reviews to Buy, sell, and trade Bitcoin, Ethereum https://coinpress.live/category/reviews/exchange-reviews/ coinpress - 24*7 Crypto Updates Wed, 11 Dec 2024 08:35:10 +0000 en-US hourly 1 https://wordpress.org/?v=6.7.1 https://coinpress.live/wp-content/uploads/2023/11/cropped-coinpress_logo2-32x32.png Cryptocurrency Exchange Reviews : Top Cryptocurrency Exchange Reviews Reviews to Buy, sell, and trade Bitcoin, Ethereum https://coinpress.live/category/reviews/exchange-reviews/ 32 32 10 Best Crypto Exchanges in Europe for January 2025 https://coinpress.live/cryptocurrency-exchanges/top-regulated-crypto-exchanges-in-europe/ Thu, 02 May 2024 00:53:36 +0000 https://coinpress.live/?post_type=cryptocurrency-exchanges&p=193899 If you’re looking for the best crypto exchange Europe has to offer, you’ve come to the right place. As the regulatory environment in Europe continues to evolve, it is important consider crypto exchanges that are regulated and approved to operate in Europe. These crypto exchanges offer the best services and features for the best crypto

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If you’re looking for the best crypto exchange Europe has to offer, you’ve come to the right place. As the regulatory environment in Europe continues to evolve, it is important consider crypto exchanges that are regulated and approved to operate in Europe. These crypto exchanges offer the best services and features for the best crypto trading experience.

This article explores some of the best crypto exchanges in Europe, evaluating their features to help you make better trading decisions.

Exchange NameSupported CryptoFeeRegistered InFunding Method

OKX


1. OKXRead More

300+0.02% maker fee and 0.03% taker fee.The Netherlands, MaltaBank transfers, cardsTrade Now

Binance


2. Binance Read More

350+0.10% maker, 0.10% takerItaly, France, Lithuania, Sweden, Spain and PolandCredit/debit cards, crypto deposit, bank depositTrade Now

Bitpanda


3. BitpandaRead More

100+1.49% fixed premiumGermany, Czech Republic, France, Austria, Italy, and Sweden.Credit cards, bank transfersTrade Now

Blockchain.com


4. Blockchain.com Read More

32+0.40% maker, 0.45 takerLithuania, Malta, EstoniaCredit/debit cardTrade Now

CEX.io


5. CEX.io Read More

215+0.13% maker, 0.23% takerLithuania, Ukraine, Georgia, Moldova, ArmeniaCredit.debit cardsTrade Now

Coinbase


6. CoinbaseRead More

240+0.40% maker, 0.60% takerCanada, Italy, Sweden, Poland, SpainCard, bank transfersTrade Now

Crypto.com


7. Crypto.comRead More

250+0.75% maker. 0.75% takerAustralia, France, ItalyCredit/debit cardsTrade Now

eToro


8. eToroRead More

30+0.1% trade, 1%buy/sellMalta, FranceBank transferTrade Now

Kraken


9. Kraken Read More

200+25% maker, 0.40% takerItaly, Belgium, Spain, NetherlandsCard transfersTrade Now

Uphold


10. UpholdRead More

250+0.25%LithuaniaDebit card/ credit card, Google Pay, FPS.Trade Now

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BTCC Exchange Review 2024 https://coinpress.live/btcc-exchange-review-2024/ Tue, 02 Apr 2024 06:31:14 +0000 https://coinpress.live/?p=189119 Founded back in 2011, BTCC is known as one of the longest-serving cryptocurrency exchanges in existence. Based in Lithuania, Europe, BTCC has navigated through various bull and bear markets unscathed by any hacks, demonstrating resilience and durability for over a decade, catering to users globally. However, that hasn’t stopped it from providing exchange services to

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Founded back in 2011, BTCC is known as one of the longest-serving cryptocurrency exchanges in existence. Based in Lithuania, Europe, BTCC has navigated through various bull and bear markets unscathed by any hacks, demonstrating resilience and durability for over a decade, catering to users globally. However, that hasn’t stopped it from providing exchange services to its customers worldwide. Let’s dive into a detailed BTCC Exchange review and what the crypto exchange offers in 2024.

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ByBit review 2024: Pros & Cons https://coinpress.live/bybit-review-pros-cons/ Fri, 01 Mar 2024 04:16:33 +0000 https://coinpress.live/?p=183312 In addition to being one of the safest cryptocurrency exchanges, the platform allows for some of the highest-leverage transactions available on the Bybit app. In our Bybit review, we look at every aspect of this cutting-edge trading platform to help you determine if the risk is worth it.

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In addition to being one of the safest cryptocurrency exchanges, the platform allows for some of the highest-leverage transactions available on the Bybit app. In our Bybit review, we look at every aspect of this cutting-edge trading platform to help you determine if the risk is worth it.

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Bitget Review 2024 https://coinpress.live/bitget-review/ Fri, 23 Feb 2024 09:02:14 +0000 https://coinpress.live/?p=182010 The blockchain space is filled with cryptocurrency exchanges competing for attention. In this ever-evolving realm, Bitget has carved its market position, becoming a top exchange in just a few years of operation.  Bitget was established in 2018 and has its headquarters in Seychelles. It has become a top choice among traders seeking crypto derivatives and

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The blockchain space is filled with cryptocurrency exchanges competing for attention. In this ever-evolving realm, Bitget has carved its market position, becoming a top exchange in just a few years of operation. 

Bitget was established in 2018 and has its headquarters in Seychelles. It has become a top choice among traders seeking crypto derivatives and copy trading. It has a user base of over 20 million people spread across 60 countries. Furthermore, Bitget is also challenging established players by offering a unique blend of low fees and advanced features for traders.

This article is a detailed Bitget review, including its features and various aspects, to help you analyze if it is the right choice of crypto exchange for you.

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StormGain Review (2024): Pros, Cons, Fees & Features Explained https://coinpress.live/stormgain-exchange-review/ Thu, 22 Feb 2024 11:57:53 +0000 https://coinpress.live/?p=181868 Stormgain is a complete platform for storing and trading Bitcoin or other cryptocurrencies. Both novice and seasoned traders may easily use its user-friendly interface, breaking down the complexity of digital currency trading. At reasonable prices, you may swap, purchase, and sell a variety of cryptocurrencies. Not only that, but StormGain has a unique function that

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Stormgain is a complete platform for storing and trading Bitcoin or other cryptocurrencies. Both novice and seasoned traders may easily use its user-friendly interface, breaking down the complexity of digital currency trading. At reasonable prices, you may swap, purchase, and sell a variety of cryptocurrencies. Not only that, but StormGain has a unique function that lets you mine Bitcoin straight from the platform, giving you even another way to accumulate cryptocurrency. In this StormGain review, we will detail different aspects of the exchange, including the StormGain app.

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eToro Review: Pros, Cons, Fees & Features Explained https://coinpress.live/etoro-review/ Mon, 12 Feb 2024 08:15:35 +0000 https://coinpress.live/?p=179540 eToro is one of the best platforms for seamlessly trading eToro stocks, exchange-traded funds (ETFs), cryptocurrencies, and more, all within a single platform. This popular online trading platform also has an amazing investor community. eToro supports over 4,000 stocks, 430 ETFs, cryptocurrencies, commodities, currencies, and indices. It has a market-leading eToro social trading network that

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eToro is one of the best platforms for seamlessly trading eToro stocks, exchange-traded funds (ETFs), cryptocurrencies, and more, all within a single platform. This popular online trading platform also has an amazing investor community.

eToro supports over 4,000 stocks, 430 ETFs, cryptocurrencies, commodities, currencies, and indices. It has a market-leading eToro social trading network that allows beginner traders to copy the moves of experienced ones. It also provides the traders exclusive perks for sharing their trading strategies.

This article has the eToro review, diving into the platform’s features, Etoro Pros and Cons, and other aspects in detail.

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Pi42 Launches DOGE, Cardano, AVAX, & LINK Pairs – What’s Next? https://coinpress.live/pi42-launches-doge-cardano-avax-link-pairs-whats-next/ Fri, 09 Feb 2024 10:11:32 +0000 https://coinpress.live/?p=179414 Pi42 Exchange, a prominent cryptocurrency platform, has unveiled its latest development: the introduction of additional trading pairs. Among the newly incorporated pairs are DOGE/INR, AVAX/INR, ADA/INR, and LINK/INR. These additions respond directly to the mounting demand for a broader spectrum of trading options within the platform. The decision to expand the range of trading pairs

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Pi42 Exchange, a prominent cryptocurrency platform, has unveiled its latest development: the introduction of additional trading pairs. Among the newly incorporated pairs are DOGE/INR, AVAX/INR, ADA/INR, and LINK/INR. These additions respond directly to the mounting demand for a broader spectrum of trading options within the platform.

The decision to expand the range of trading pairs underscores Pi42’s dedication to ensuring users have unfettered access to a diverse array of cryptocurrencies and trading opportunities. By accommodating the preferences and interests of its user base, Pi42 reaffirms its commitment to fostering inclusivity and facilitating seamless transactions within the cryptocurrency market.

Strong Market Performance and User Engagement

Pi42 Exchange has experienced a notable uptick in market activity, with daily trading volume nearing an impressive $2 million. This surge in transactions underscores the platform’s growing prominence within the cryptocurrency trading landscape.

Furthermore, Pi42 has garnered significant attention from users, as evidenced by over 3000 sign-ups. This surge in user registrations reflects a burgeoning interest in cryptocurrency trading among individuals seeking to capitalize on market opportunities.

Of particular note is the active engagement of users with the platform. Many are leveraging Pi42’s referral system, utilizing referral links to earn incentives and discounts. This proactive engagement underscores the effectiveness of Pi42’s user-centric approach and the appeal of its incentive structures in fostering community participation and loyalty.

Read Also: This Indian Crypto Exchange Offers 0% TDS & No Conversion Fee

Opportunities for Content Creators and Growth of Web3 Ecosystem

The emergence of futures trading in India has created a ripe opportunity for influencers and content creators to utilize Pi42 as a prime example. With the platform’s increasing prominence in the cryptocurrency sphere, content creators have the chance to produce educational content focused on INR crypto futures trading. 

By capitalizing on this trend, content creators can cater to the growing demand for informative content in the cryptocurrency space. Through educational initiatives, they can empower users with the knowledge and skills needed to navigate the complexities of crypto futures trading effectively.

Moreover, Pi42’s efforts extend beyond facilitating trading transactions; they contribute to the broader expansion of the Web3 ecosystem. By fostering innovation and adoption within the cryptocurrency space, Pi42 plays a pivotal role in advancing the principles of decentralization and digital sovereignty.

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OKX Review (2024): Pros, Cons, Fees & Features Explained https://coinpress.live/okx-review/ Wed, 07 Feb 2024 05:52:31 +0000 https://coinpress.live/?p=178773 OKX stands out in the cryptocurrency exchange landscape, offering a range of blockchain and crypto services. With global access (though with some restrictions), it attracts traders through its diverse trading options, competitive fees, and a user-friendly mobile app. Known for its accessible design and advanced features, check out the comprehensive review to determine if OKX

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OKX stands out in the cryptocurrency exchange landscape, offering a range of blockchain and crypto services. With global access (though with some restrictions), it attracts traders through its diverse trading options, competitive fees, and a user-friendly mobile app. Known for its accessible design and advanced features, check out the comprehensive review to determine if OKX is the best exchange for you.

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Review: Moneta Markets Making It Easy For Traders to Benefit from Surge of Stocks/Cryptos In 2020 https://coinpress.live/moneta-markets-review/ Thu, 11 Feb 2021 05:38:58 +0000 https://coinpress.live/?p=81527 Out of all the things that we weren’t expecting in 2020, the sudden surge in the stock and crypto markets takes the front seat. It is surprising to see these markets booming like never before, especially when thousands of businesses started to struggle with tens of millions of people left unemployed because of the pandemic.

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Out of all the things that we weren’t expecting in 2020, the sudden surge in the stock and crypto markets takes the front seat. It is surprising to see these markets booming like never before, especially when thousands of businesses started to struggle with tens of millions of people left unemployed because of the pandemic. In this article, let’s understand the reasons that contributed to this growth in both Stock and Crypto markets and also see the contribution of new brokers and exchanges such as Moneta Markets in handling this demand. 

Analyzing The Growth of Stock Market     

Completely adverse to the current scenario, the stock market has seen a devastating bear run in the first quarter of 2020. Trillions got wiped out from the stock market in less than a month, and it was due to the onset of Covid-19 pandemic. However, the market has recovered swiftly and gradually started its bull run up till the year-end. 

Market experts anticipate that the stock market’s unexpected growth is because of the expectations people have over the post-pandemic scenario. That is when the vaccines are out, and the economy reopens to its fullest. These expectation has also resulted in spurring the interest among new investors over the stock market. According to JMP Investment Bank, in 2020, more than 10 million new accounts have been registered in all the brokerage firms combined.  

Talking about the same topic Michael Arone (chief investment strategist, State Street Global Advisors) said ‘One of the things that the pandemic has underscored more than anything else is that the stock market is a forward-looking mechanism. That’s been the tagline all year long as investors continue to scratch their heads wondering why the stock market could perform so strongly while the economy, labour market and earnings face such challenges. It’s more about future expectations than current conditions.’  

The below chart explains the brief bearish run and the current bull run of the stock market where we can see three of the many stocks that have grown tremendously in 2020.  

Crypto Market

 The Performance of Crypto Market In 2020 

The entire crypto market’s capitalization at the end of 2020 is over one trillion US dollars. In retrospect, it was a mere 190 billion at the beginning of the year. That is a growth of more than 400% within a year. Crypto experts suggested that 2020 offered a perfect environment for the cryptos to thrive. 

As traditional assets took major blows due to the pandemic, there has either ways been a growing acceptance for cryptos in 2020. The valuation of Bitcoin has also surged from around $4k in March to ~$28k in December as institutional investors and global companies continued to buy and store this crypto. 

We can see the tremendous growth of some of the top cryptos in the below price chart.  

What Should You Know About Moneta Markets?

Moneta Markets was founded in 2019 with its headquarters in George Town, Cayman Islands. With Vantage International Group Ltd as its parent company, this broker inherited its credibility and reliability. Moneta Markets is currently holding its licences under CIMA (Cayman Islands Monetary Authority) a tier-3 regulator. However, this broker’s parent company has a decade of market presence in this space and holds licences with top tier regulators across the globe.

Moneta Markets users get to speculate and trade various financial markets such as Forex, Commodities, Indices, Shares and even Cryptos. In total, more than 300 asset classes can be accessed with this broker in the form of CFDs. This broker offers its web trading platform using which orders can be placed without the support of any third-party solution. Smartphone traders also get to download Moneta Markets app from Play Store and App Store.   

Reasons To Consider Moneta Markets 

Credibility – As mentioned, Moneta Markets is a trademark of Vantage group of companies which own the most credible broker VantageFX. This broker has its licenses under top regulators in UK & Australia – FCA & ASIC, respectively. Overall, this group has 70k+ active client accounts around the world with an average monthly trading volume of ~$100 billion. This explains the reliability of Moneta Markets broker. 

Proprietary Web Trading Platform – With this platform, Moneta Market users get to trade various markets online without downloading any hefty software. The USP of this platform lies in its functionality. Traders get to manage their accounts, enter/exit trades, make deposit/withdrawal requests with few simple clicks, right from the dashboard. Technical traders can take advantage of the different chart types, built-in indicators, various charting tools, etc. 

Security – All the client deposits of this broker are stored securely at National Australia Bank (NAB), one of the top tier banks. These deposits are segregated from the company’s funds to avoid misuse. Also, all the industry-grade security practices such as SSL encryption and two-factor authentication are in place.   

Margin Trading – Users get to leverage trade all the available asset classes but with different leverage multiples. Check the below infographic for more information. 

Ease of Usage – Moneta Markets is relatively easy to navigate in almost all of the aspects. Opening an account with this broker doesn’t take more than a few minutes. There are many ways to fund your account with easy deposit options like Fasapay, Sticpay, and JCB along with the traditional funding options like bank wire transfer, credit & debit card, etc. Users can also make their deposits using Bitcoin. The UI & UX of the web trading platform is pretty straightforward and simple enough for novice traders to learn and master trading.      

Deposit Bonus – All the Moneta Market users with deposits of $500 and above are eligible for a 50% deposit bonus. There are hardly any brokers/exchanges out there who offer deposit bonuses of this kind while being regulated by top tier brokers. 

Educational Resources –  We found the educational and research resources offered by this broker to be very interesting. Features like Moneta TV and Market Masters help the traders equip themselves with the latest market news and different trading techniques. With the help of Duplitrade, users get to copy trade from the top traders in the industry. There are also a plethora of deep-dive trading educational videos which users can make use of.

That ends our discussion on how the cryptos and stocks grew in 2020 and what to expect from the new, yet fast-growing market entrant, Moneta Markets. 

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Margex: The Future Of Cryptocurrency Derivatives Trading With Up To 100X Leverage! https://coinpress.live/margex-the-future-of-cryptocurrency-derivatives-trading-with-up-to-100x-leverage/ Tue, 02 Feb 2021 08:24:21 +0000 https://coinpress.live/?p=80885 As the cryptocurrency market hit $1 trillion market capitalization earlier in the year, a wave of investors got in on the act – all in search of superficial growth rates. In the search for even more gains, crypto leveraged trading has also gone up a notch as traders try to amplify potential profits on their

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As the cryptocurrency market hit $1 trillion market capitalization earlier in the year, a wave of investors got in on the act – all in search of superficial growth rates. In the search for even more gains, crypto leveraged trading has also gone up a notch as traders try to amplify potential profits on their positions. 

In this article, we focus on Margex, one of the fastest-growing crypto derivatives exchanges, which offers a clean, user-friendly, and high leverage platform to professional traders – allowing them to make the most of their crypto trading.

What is Margex?

Margex is a Bitcoin-based derivatives trading platform that gives traders the ability to trade with up to 100X leverage. The platform aims at getting rid of the complex trading structure in crypto while providing a user friendly, cheap and safe platform to complete trades. 

Uniquely, Margex provides a next-gen platform built as the first community-driven exchange that allows its users to vote and choose from a set of features and even suggest new ones. This allows traders to participate in building their dream trading platform, a spokesperson from the company said. 

The Seychelles-domiciled exchange launched in 2019 providing traders access to global crypto markets and bringing a new level of comfort to traders. Users can trade Bitcoin futures with leverage on six token pairs including ETH, LTC, XRP, EOS, YFI, and BTC. 

Why Margex?

Despite being relatively new in the market, Margex ranks as one of the best crypto derivatives exchanges around. And, there are several reasons why you should take a look and try the platform out.

  • Privacy: The exchange values your data privacy and does not disclose any of your personal information. Moreover, there’s no KYC on the exchange. 
  • Secure trading: Margex utilizes the most practical and highly scalable infrastructure type that even during peak market activity, enables traders to trade uninterrupted. Funds are stored in a cold wallet to ensure the highest levels of security.
  • Transparency: A clear dashboard of all your trades, orders and executions are available to you ensuring you are in control of your funds at any time. 

MP Shield System

Despite reaching a trillion-dollar market, the crypto field is still in its infancy hence the wild volatility in the market. Notwithstanding, market manipulation in the crypto market is still heavily experienced across the global market. This has led to several regulators and governments calling for increased laws and rules to govern the market. 

However, Margex is providing a unique and exclusive solution – the MP Shield – aiming to protect you from the risks of market manipulation and prevent unfair liquidations on trades. So how does the MP Shield work?

As mentioned before, Margex depends on 12+ different liquidity providers to oracle the crypto price movements. Through its AI-based algorithmic technology, Margex consistently tracks the price feeds from each liquidity provider to ensure there’s no manipulation on any of them. 

Notably, Margex focuses on providing fair and equal trading opportunities to all traders by continuously monitoring suspicious trading activities. The exchange also does not list illiquid crypto assets that are sometimes price-inflated and manipulated in ‘pump and dump’ schemes. 

Leverage trading and margin

As alluded to, Margex offers users high leverage of up to 100X of their positions, increasing their potential profits on the trade. Below is a complete table on the leverage specifications afforded to all assets on Margex:

Image: Margex/fees

The platform offers minimum leverage of 5X on each tradable asset with the minimum order size set at $1 worth of the asset.

Features of Margex

Other than the MP Shield protection system and advanced leverage trading, Margex also offers a host of features on its platform including: 

  • No Know-Your-Customer (KYC) compliance for traders. 
  • Highly liquid markets backed by 12 liquidity providers.
  • Lightning-fast order execution. 
  • Competitive trading fees.
  • A friendly user interface.
  • All-deal indicators (trading fees, financing, PnL, etc.) are on the screen available in real-time for any deal.
  • Adjustable isolated leverage up to 100X on all tradable assets. 
  • Simultaneous use of stop-loss/take profit for each trade
  • MP Shield System

Trading Fees, Withdrawal, and Deposits 

Deposits and withdrawals 

Margex deposits and withdrawal channels, however, are limited to Bitcoin-only proving a shortcoming for new users who wish to purchase crypto derivatives with fiat. The exchange also provides an option to buy crypto with your credit card through their third-party strategic partner, Changelly.

Withdrawals are also limited to once per day at 1.00 PM UTC since all funds are stored in a cold storage wallet for security reasons. Withdrawals are charged at 0.0005 BTC plus the variable network fee. 

Fees

Margex offers highly competitive fees across all trading instruments with the Maker’s and Taker’s fees ranging at 0.019% and 0.06% respectively. 

The exchange also offers overnight funding rates, which are based on numerous factors such as market volatility, the global ratio of open Long/Short trades, and will change accordingly. Financing costs are due every 8 hours.

The full fee structure is available here.

Extras 

  • Referral program

Margex also offers clients a referral and affiliate program giving them a chance to earn passive income from their trades. Unlike other exchanges, Margex shares a fair and flat 40% of the trading commissions you earn from your referral. The payments are made daily in Bitcoin with a clear analytics system provided to keep track of your commissions. 

  • Live Demo

Want to learn to trade crypto derivatives with no risk involved? You can head over to the Margex Live Demo platform that offers you virtual funds to practice leverage and margin trading. 

  • Community-driven features 

Margex will allow users to suggest and vote on features they would like to see on the platform – in a first-of-its-kind “community-driven” exchange. This aims to establish a perfect trading platform for traders. 

Is Margex a legit project?

There are quite a number of scam projects cropping up the cryptocurrency industry but it’s safe to say Margex exchange is certainly not one of them. The exchange offers a legitimate and regulated platform that is custom built by an experienced team of developers-killing any doubts on whether the project is fake. 

Conclusion

Margex is gradually taking over the crypto derivatives market through its unique and user-friendly platform. Despite competing with already established exchanges such as Binance, Deribit, and Huobi, the exchange’s superior features give it a claim to become one of the best crypto derivatives exchanges in the world. 

FAQs

  • What is MARGEX?

Margex is a bitcoin-based derivatives exchange (trading platform) that gives traders the ability to trade with up to 100x leverage.

  • Is wire transfer an available deposit method on Margex?

No. But users can use their credit card to deposit funds to their Margex derivatives trading account. 

  • Are US Investors permitted on Margex?

Currently, no US investors are permitted to trade on the platform. 

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AAX Exchange: Trade Cryptocurrencies Spot And Futures Efficiently On The Go! https://coinpress.live/aax-exchange-trade-cryptocurrencies-spot-and-futures-efficiently-on-the-go/ Sat, 18 Jul 2020 08:38:17 +0000 https://coinpress.live/?p=72263 Trade on the go, anytime with World-class matching engine The cryptocurrency world is rapidly growing and with it comes a competitive backdrop of cryptocurrency payment service providers offering unique services to entice users to their platforms. Cryptocurrency exchanges are at the center of providing these services hence finding a good exchange could make your journey

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The cryptocurrency world is rapidly growing and with it comes a competitive backdrop of cryptocurrency payment service providers offering unique services to entice users to their platforms. Cryptocurrency exchanges are at the center of providing these services hence finding a good exchange could make your journey in crypto easier.

This article focuses on one of the uprising exchanges, AAX Exchange, aiming to give its users the best platform to deposit, withdraw, and trade a wide range of cryptocurrencies. We focus on AAX’s unique trading features, fees on the platform, and its world-class matching engine, which enhances user experience in futures, and spot trading. AAX also offers a wide range of fiat-to-crypto on and off ramps via its over-the-counter (OTC) platform and in partnership with specialized payment providers.

But first, let’s have a brief history of AAX Exchange and the role it aims to play in crypto assets trading.

History of AAX

Atomic Asset Exchange, or AAX in short, is a Hong Kong-based cryptocurrency exchange launched in 2019 after 19 months of testing and development. The exchange, registered in Malta, offers its retail and institutional clients an “institutional-grade” platform to trade cryptocurrency futures, spot prices, and OTC peer to peer trading.

LSEG Technology

The exchange became the first crypto exchange to utilize Millennium Exchange™, a battle-tested matching engine created by LSEG Technology, London Stock Exchange Group’s technology solutions provider.

” Millennium Exchange’s low latency, resilient, and the scalable matching engine provides market-leading performance and reliability.” – AAX becomes first crypto exchange to use LSEG Technology

AAX integrated the LSEG platform, which is used by several top global exchanges such as London Stock Exchange, Borsa Italiana, Johannesburg Stock Exchange, and Singapore Exchange, to offer a reliable and fast trading platform.

The AAB token

AAB is a native token to the AAX exchange offering internal system rewards including a 20% trading fee discount. A total of 50 million AAB tokens have been issued with 20% of these offered to the public. Similar to Binance BNB, the exchange burns the tokens to reduce their supply (although AAX does it daily).

The Exchange uses 100% of its futures revenue to purchase AAB from the market and burn the tokens, every single day. The Exchange will repeat this process until 50% of the total supply of AAB is burned.

AAX: OTC, Futures and Spot Trading

As mentioned above, traders can enjoy the wide spectrum of buying and selling top cryptocurrencies including Bitcoin, Ethereum, Litecoin, Tron, XRP, and increasingly a number of specialized  utility tokens including Kyber, 0x, LINK, BAT, and more.

Trade on the go!

AAX exchange ensures trading convenience at any place or time through its world-class matching engine, Millennium Exchange, and is available on mobile phones on iOS and Android application stores. AAX also supports API systems, and in future will be able to offer FIX connectivity for institutional clients as well.

The security of the funds is top-notch with multi-layered security systems, robust custody, and fully audited systems. The exchange is also compliant with the Cryptocurrency Security Standard (CCSS).

To protect its markets from manipulation, keep its pools of liquidity clean, and ensure the platform is free from bad actors, AAX works together with Solidus Labs, Elliptic and Refinitiv for market surveillance, monitoring and global risk checks, respectively.

Fees, deposits and withdrawals

Trading fees

As is with any other crypto exchange, the trading fees are offered in tiered levels promoting high-frequency trading on the exchange. Spot trading fees range between 0.01% to 0.06% for the makers and 0.01% to 0.1% for taker’s fee.

The futures trading fee is fixed for both market makers and takers at a standard rate of 0.02%.

Withdrawals and deposits

There is no fee on any crypto or fiat deposits as well as in-platform transfers. The exchange, however, charges withdrawal fees which are very competitive compared to other top exchanges such as Binance. There is a minimum withdrawal limit for each crypto (0.001 for BTC and 0.02 for ETH) and the withdrawal fees also differ from asset to asset – 0.0004 BTC for bitcoin withdrawals and 0.003 ETH for ether withdrawals.

At launch, AAX exchange only accepted cryptocurrency deposits and withdrawals but recently partnered with EPay, Coinify, Mercuryo and others to enable deposits and withdrawals for more than 20 different fiat currencies.

Extras

Trading competitions

The exchange periodically runs deposit and trading competitions in a bid to reward their users’ commitment. From July 13, 2020, till August 7, the exchange will be running a promotion to reward the first 500 customers who deposit at least $200 daily with a 10 USDT reward.

The exchange is also offering users a chance to pool together to win up to 20 BTC in a shared prize pool. You can register here before July 24th.

AAX Tribe

AAX also offers an affiliate program, the AAX Tribe, which offers up to 40% in commissions and 10% in second level commissions.  There are six levels of the affiliate program Sage, Guru, Chief, Ruler, Conqueror, and Monarch.

The AAB Plus passive income initiative

The exchange launched its AAB token, similar to Binance’s BNB native token, which provides users with an opportunity to earn passive income. Through the AAB Plus initiative, users can hold their tokens in the AAX Vault promising an annualized rate of return of 4.50%. The rate is generated by the minute and users can withdraw the amount from the vault at any time with no fee. Also, AAB Plus works in such a way that if the price of AAB drops against USDT, the relative return will be greater. If, however, the value of AAB rises, users will be happy to know that the amount paid out will not be lowered.

 

The minimum deposit value to the AAX Vault is 100 AAB+.

Trading View

AAX also includes an integrated Trading View interface providing a wide range of charts, graphics, and instruments to carry out technical analysis on the exchange directly without switching.

On AAX’s Crypto Trading Dojo, which is found on AAX Academy, users can learn how to best use the AAX App, including all the charting tools. The Dojo furthermore teaches traders how to use technical indicators and analysis to perfect their trading.

Conclusion

As the cryptocurrency exchange industry heats up due to the increasing retailers coming to market, AAX is providing quality services challenging the status quo.

One of the best features of the platform is the user interface and experience. The exchange has employed an industry-leading platform that eases the switch between futures, OTC, spot, and direct buying accounts giving users a seamless feel to their trading.

FAQs

  • What does AAX Exchange stand for?

AAX is short for Atomic Asset Exchange.

  • What services does AAX offer?

As mentioned above, AAX offers users a platform to trade futures and spot prices. The exchange also offers a peer-to-peer OTC trading desk.

  • Can I link my bank account to AAX?

Yes, it is possible to add a variety of payment methods, including bank, but also PayPal, AliPay and other methods, to your personal account. Through AAX’s OTC, users can then proceed to buy and sell crypto in exchange for USD, HKD, CNY.

  • Does AAX Exchange accept fiat deposits?

Yes. Currently, AAX exchange offers fiat-to-crypto on and off ramps supporting more than 20 local currencies.

  • What is the fiat deposit fees on AAX?

The bank account fiat transfers (Hong Kong and SEPA) are not charged a deposit fee but the E-currency deposit accrues a 5% deposit fee.

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Anycoin Direct Review: Trade Fast, Easily And Securely https://coinpress.live/anycoin-direct-review-trade-fast-easily-securely/ Tue, 23 Jun 2020 06:06:36 +0000 https://coinpress.live/?p=71144 Buy & Sell Cryptocurrency Easy, Fast and Secure! Many cryptocurrency exchanges have legions of people who dislike their services. Some people hate their customer service. Others are dissatisfied with the fees charged or the speed of fulfilling transactions. But that’s not the case with the company we are about to review below:  Anycoin Direct is

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Many cryptocurrency exchanges have legions of people who dislike their services. Some people hate their customer service. Others are dissatisfied with the fees charged or the speed of fulfilling transactions. But that’s not the case with the company we are about to review below: 

Anycoin Direct is based in The Netherlands and primarily targets people in Europe and for that reason, it facilitates payments from almost all the methods popular in Europe, including credit cards.

But that’s not all…

Anycoin Direct is incredibly fast. That’s one of the reasons why it’s so popular. Unlike some of its competitors, this exchange completes transactions instantly. So, when you send a payment to the company’s bank account, you receive crypto immediately.

Continue reading to discover more details about the crypto exchange.  

Anycoin Direct: An Overview

As mentioned, Anycoin Direct’s primary target group is European users. Its mission, according to CTO Julian Van der Wijst, is to make cryptocurrency trading as simple as buying a T-Shirt online.

And honestly, it seems to have nailed that mission. It has a neatly designed website and an interface that makes it amazingly simple to buy or sell crypto. All you need is to register for an account, add funds to it and receive Bitcoin or altcoins in return. You can access the website in English, Dutch, German, Spanish, French and Italian languages as per your own convenience. 

For more insights, watch this short video. It walks you through the account creation process, how to buy Bitcoins and a roundup of everything you can expect from the company in less than two minutes.

Which cryptos can you trade?

At Anycoin Direct, you can trade a wide range of popular cryptocurrencies fast and conveniently. They include:

  • Bitcoin
  • Ethereum
  •  Ripple
  •  Litecoin
  •  IOTA
  • NEO
  •  Cardano
  •  Stellar Lumens
  •  EOS
  •  Monero
  •  Bitcoin Cash
  • Dogecoin
  •  Dash
  • ZCash
  • OmiseGO
  • Ethereum Classic

Interestingly, the exchange platform has a unique system for selecting coins to support. Precisely, it lists cryptos with a sound technical system, a decent volume, proven usability, and an active community. As a result, you can be confident all the altcoins on this platform are established and can be traded without inconveniences.

Which payment methods can you use?

As a company that wants you to buy crypto as quickly as ordering a T-shirt online, you expect convenient banking options. Luckily, that’s the case for Anycoin Direct. You can purchase bitcoin using SEPA at a fee of about 1-2% + €0,50. Or you can use any of these options:

  • Giropay
  • Credit Cards
  • Mybank
  • iDeal
  • eps
  • Sofort
  • Trustpay
  • Mistercash

When it comes to withdrawals, you can sell your crypto for cash, and it will be transferred to your SEPA bank account. Of course, you receive the money as fast as you receive your crypto during deposits.

Steps to trade crypto on Anycoin Direct

You can buy and sell cryptos on Anycoin Direct in a few steps. Here’s how that works.

 

  • Create an Account

Visit Anycoindirect.eu and click “Register” to sign up. Provide an email address and complete an image captcha code. You’ll then receive an email with a code to verify. Next up, provide your name, choose a secure password, and confirm your phone number (optional). You’ll be logged into your account instantly.

  • Setup your Crypto Wallet

Before you buy Bitcoin, ensure you have a BTC wallet. That’s where your crypto will be sent. Anycoin Direct is incredibly fast, so you want to have a functioning wallet by the time you choose to purchase some crypto.

  • Buy Cryptos

The “buy” option is the first thing on Anycoin Direct’s menu. Click it and choose what cryptocurrency you want to purchase. Select the amount of Euro you wish to spend, and the platform will tell you how much Bitcoin or altcoins you’ll receive.

After that, enter your receiving address. Again, this is your crypto wallet where you can expect to receive cryptos.

  • Sell your Cryptos

Assuming you buy Bitcoin and it appreciates after a couple of days. You can sell the coins on Anycoin Direct and receive cash instantly. The process is straightforward. Visit the “sell’ section and choose what you want to sell.

Then enter your bank account. Choose how much Bitcoin you want to sell, view expected fees, and confirm the check order.

Next up is to transfer your Bitcoins and altcoins to an address provided by Anycoin Direct. Once that’s confirmed, the trading website will remit the equivalent cash value into your bank account.

Should you worry about security?

Anycoin Direct is an established crypto exchange established in 2013 in Veghel, the Netherlands. It uses SSL encryption and a slew of more security measures to secure customers’ data.

Because it does not hold your cryptocurrencies, you don’t need to worry about Anycoin Direct getting hacked. You keep your Bitcoins in your chosen wallet, so there’s no chance of losing the coins on the trading exchange.

Detailed Guides

New crypto users don’t have to trade blindly. Anycoin Direct has many Bitcoin guides, including how to buy and sell it. What’s more interesting is that these guides are available for several other cryptocurrencies as well. Click here to see the complete list and check out the info tabs.

For more information, check out this bitcoin guide or how to use Anycoin Direct here

Customer Service

Anycoin Direct takes pride in being one of the first crypto exchanges to provide customer service through live chatbots. It still offers assistance using this channel. However, you can also shoot an email through support@anycoindirect.eu or visit their F.A.Q page to get answers to Frequently Asked Questions.

If their Trustpilot reviews are something to go by, Anycoin Direct seems to be a champion of excellent customer support. They have a 9/10 rating from over 10,000 reviews. That’s phenomenal. 

The Anycoin Direct Blog

The Anycoin Direct blog is an authoritative, informative platform for staying up to date with the blockchain industry. It’s updated every week, and you can opt for these articles straight to your email box hassle free. It’s also a learning resource. So, if you’re new to crypto, we recommend you start by visiting the blog.

Additional Information

Anycoin Direct doesn’t provide leverage for traders. But that’s because of how it works. It does not feature a Meta 4 Trading interface. Instead, it’s a simple tool that helps you exchange cash for crypto or vice versa stress-free.

When it comes to fees, the company charges 1-2 % of your order amount plus a fixed  €0.50. It’s a low charge either way. But beware, you’ll also incur charges from payment methods and blockchain miners’ fees.

It’s also worth noting Anycoin Direct has a tiered account system. The first tier doesn’t require verification and lets you buy €10 to €100 worth of crypto. Your limits increase with each tier level.

Summary

Anycoin Direct is a Dutch-based crypto exchange launched in 2013. It’s one of the best rated trading sites out there, so it’s worth checking out. Their fees are incredibly low. Buying and selling crypto is straightforward, and their customer service is exceptional.

Discover more about what their customers say on Trustpilot.

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BYDFi Review—Complex Contracts, Simple Trading https://coinpress.live/bydfi-review-complex-contracts-simple-trading/ Sat, 20 Jun 2020 07:08:17 +0000 https://coinpress.live/?p=70958 The world’s leading cryptocurrency derivatives exchange, providing the safest, simplest, and fastest cryptocurrency trading services in more than 150 countries. Whether you like to trade bitcoin or altcoins, you can use an incredibly vast number of crypto contract exchanges. There are so many that spotting the right, affordable, simple to use website can be somewhat

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Whether you like to trade bitcoin or altcoins, you can use an incredibly vast number of crypto contract exchanges. There are so many that spotting the right, affordable, simple to use website can be somewhat of a challenge.

But here comes BYDFi, a fast-rising crypto contracts platform geared to simplify the trading process of newbies. It is free to join, works on mobile devices, and has the endorsement of Thai champion Buakaw Banchamek.

To provide a glimpse, here’s what BYDFi is all about:

  • Beginner-friendly crypto contracts trading
  • Daily BYD coins—helps lower trading fees
  • Crypto Affiliate Program—up to 60% commissions
  • Contracts trading Knowledgebase
  • Low opening and closing fees
  • Up to 100X leverage

BYDFi Overview

Launched April this year, BYDFi is a relatively new crypto contracts exchange website. It’s located in Singapore and licensed by the Singapore Accounting and Corporate Regulatory Authority (ACRA). It also features a license from Australia’s AUSTRAC.

In Europe, the company holds a license from the Estonian forex brokers regulator, MTR. Across the Atlantic, BYDFi is regulated by the Financial Crimes Enforcement Network (FinCEN).

These licenses provide proof that BYDFi is a valid business that can be trusted to offer crypto trading. It uses a secure mobile-responsive website to deliver its services. But that’s not all BYDFi is known for.

BYDFi Trading—A Simplified User Experience

When you think about it, many bitcoin exchange websites aren’t designed for beginners. They target professionals and agencies. Bitmex is a prime example. It is one of the most popular trading platforms out there, but it targets experienced traders through these services: indices, futures, auto-deleveraging, load shedding, and margins.

When you’re a new trader, you don’t want to jump into indices, cross margins, automated leveraging, or perpetual contracts. Instead, you want a simple interface that lets you trade Bitcoin and Litecoin using a currency you understand.

That’s where BYDFi comes into play. The Singapore-based platform uses USDT—a stable coin tied to fiat currencies—as its base currency. That means your $10 is equivalent to 10 USDT. If you want to trade $1000 to Ethereum, all you need is to convert them to USDT and then complete your transaction.

Copy trade feature

Are you a starting trader, want to trade and don’t have the time to follow the market or do you want a profitable strategy from the best traders? BYDFi’s Copy Trade feature offers you an easy way to trade on the exchange by following and replicating the strategies employed by top expert crypto traders on the platform.

BYDFi.com Copy Trade feature allows you to replicate top traders on the exchange. (Source: BYDFi.com)

The Copy Trade feature, launched in 2020, offers you a complete list of top traders – ranked on performance – offering over 160% profits in the last month. The platform also allows you to search for a customizable trading strategy to follow including the style, profit rate and period of trading.

“Copy trading allows you to directly copy and invest in another traders strategies. If a trader uses 60% of their portfolio funds to buy Bitcoin, your portfolio will automatically rebalance to copy the trade.”

Head over to BYDFi Copy Trade to start earning profits from top traders’ strategies!

Spot trading feature

If you do not want to trade ‘riskier’ crypto derivatives such as margin, swaps, futures or options on BYDFi, the exchange provides a Spot Trading market. The BYDFi Spot Trading market is supported by Binance, the largest crypto exchange, as the main liquidity provider. This proves the exchange is well-funded with deep, liquid markets hence preventing slippage and order book failures.

 

The exchange provides over 50+ crypto pairs on its spot market including BTC, ETH, ADA, LTC, and decentralized finance (DeFi) tokens such as Compound (COMP), BAND, LINK, KNC, UNI, YFI and MKR among others. Users can set limit or market orders on their spot trades with a complete history of the orders placed and completed trades available on the “Order History” and “Trades History” tabs respectively.

How to Trade on BYDFi

  1. Get started by Registering an Account

Visit BYDFi.com and click “Get Started” to create an account. Provide a valid email address, set a password, and complete a simple captcha image. A code will then be sent to your email or phone number. Enter it, and you’ll be logged into your account instantly.

  1. Deposit Crypto

Next up is to fund your trading account. You can use seven cryptocurrencies to deposit: USDT, Bitcoin, Ripple, EOS, TRX, Ethereum, or Huobi token. Being the platform’s base currency, USDT is the best currency to use for deposits. Note: the minimum deposit is 15 USDT or 0.002BTC.

  1. Trade—Straightforward Interface

BYDFi trading interface expresses the company’s mission precisely. It’s a straightforward “buy and sell” market price. If you want to buy Ethereum, select ETH/USDT from the left altcoin panel.

BYDFi will then show you the latest price of 1 ETH in USD Tether. Cue, that’s the same price in US dollars. Under the buying and selling interface, adjust the amount of Ethereum you want to buy or sell.

  1. Adjust leverage—up to 100X

For Ethereum, leverage is capped at 80X. For BTC, you can magnify your trades 100X. Other altcoins, like Bitcoin Cash, the leverage is set at 50X maximum. In other words, you need to check each crypto’s maximum trading advantage before you complete your trade.

Also, check the trading fee for each transaction. It’s calculated in USD and displayed under your trading slip.

Advanced Trading Features

Although BYDFi is designed to suit novice traders, it also provides trading features like overnight trading and stop loss, take profit. What’s more, there’s a customizable trading graph with crosshairs, candlesticks, bars, and night-time light adjustment.

In other words, BYDFi provides the ease of use competitors like Bitmex lack but also rivals them in advanced trading features. That means it’s an excellent platform to learn how to trade and use it once you become a seasoned trader.

BYDFi has an in-house token that can help you lower transaction fees by up to 10%. You receive up to 16BYD tokens after you register an account and activate it. To earn more tokens, visit the website’s promotion page.

Up to 60% Affiliate Commissions

BYDFi has one of the most generous affiliate programs in the industry. It pays out up to 60% in referral commissions. The program is divided into tiers such that new marketers earn 40% and increase their rates if they refer more people. The payment is made in BYD tokens, which can then be exchanged to USDT.

Customer Support

In the spirit of “Customers Are Everything,” BYDFi provides reliable supports through email, support@BYDFi.exchange. But you can also find answers to Frequently Asked Questions or contact the platform through Twitter, Facebook, LinkedIn, and other social networks.

For more information, read the beginner’s guide or contract’s guide published on BYDFi website. You’ll learn how to navigate the trading platform, what contracts trading is all about, and how to do it correctly.

Summary

BYDFi is a crypto contracts trading website based in Singapore. It’s brand new, having launched April this year, but has all the rudiments of a great exchange. For starters, it’s regulated in four jurisdictions: Singapore, Estonia, Australia, and the US.

When it comes to trading, BYDFi is customized to suit novice traders. People who want to trade easily, using a language they understand. That’s the reason it uses USDT as a base currency for exchanging other coins.

It’s fast, provides low fees, and has a series of tools that can improve the trading experience of both new and advanced traders.

  • YouTube:https://www.youtube.com/@BYDFiOfficial
  • Medium: https://medium.com/bydfi
  • Discord: https://discord.com/invite/VJjYhsWegV
  • Linkedin: https://www.linkedin.com/company/bydfi/

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Exchange that Allows You To Trade Cryptocurrency At Zero Trade Fees: Phemex https://coinpress.live/review-phemex-allows-you-to-trade-cryptocurrency-at-zero-trade-fees/ Mon, 08 Jun 2020 07:50:58 +0000 https://coinpress.live/?p=70298 One of the fastest exchange having a capability of handling 300,000 transactions per second, with order response times of less than 1 millisecond. Phemex is a relatively young cryptocurrency exchange that seeks to disrupt the exchange market with zero-fee trading based on memberships. It was founded in 2019 and registered as a company in Singapore,

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Phemex is a relatively young cryptocurrency exchange that seeks to disrupt the exchange market with zero-fee trading based on memberships. It was founded in 2019 and registered as a company in Singapore, operating under the jurisdiction of the British Virgin Islands. The exchange is led by 8 former employees of Morgan Stanley, with Jack Tao as their CEO.

Since then, Phemex has experienced enormous growth. According to Alexa, Phemex has grown to become one of the 40,000 most visited websites worldwide. CoinMarketCap ranks it as the sixth largest exchange for perpetual BTC/USD contracts. In spot trading, Phemex currently records a daily trading volume of just under $300 million across six markets.

Pros of trading cryptocurrency on Phemex

  • Sixth largest exchange for BTC-Futures
  • Zero-fee spot trading for premium users
  • Negative Maker fee on Futures contracts
  • Welcome and referral bonuses

Cons of trading cryptocurrency on Phemex

  • Not regulated and restricted for some jurisdictions
  • Withdrawal restrictions for non-premium users
  • Spot trading requires premium membership

Membership Tiers

Instead of charging trading fees, Phemex seeks to generate revenue through the sale of membership packages. For this purpose, they offer three different membership tiers. The free standard membership grants access to the Futures trading platform. Withdrawals are only processed three times a day, with a daily withdrawal limit of 2 BTC.

The price for premium membership packages ranges from $9.99 for a 30-day membership to an annual membership for $69.99. Premium membership grants access to the spot markets with zero percent trading fees and removes the withdrawal limit. Premium withdrawals are processed on an hourly basis.

Additionally, premium members can gift a 30-day trial membership to their friends. Trial memberships offer the same features as the premium membership, only without conditional orders on spot markets and with some withdrawal restrictions. 

Wallets and Spot Markets

Phemex users have access to seven custodial wallets (BTC, ETH, XRP, LINK, and USDT). These comprise the 4 spot trading pairs, which are all settled in USDT. For security, Phemex has implemented a Hierarchical Deterministic Cold Wallet System, assigning deposit addresses to all users and storing the funds in a multisignature cold wallet. 

Derivatives Markets

In addition to the spot exchange, Phemex lists perpetual contracts for six cryptocurrencies (BTC, ETH, XRP, LINK, XTZ, and LTC) and another perpetual contract for gold. Altcoin and gold contracts are quoted and settled in USD, while the Bitcoin contract is settled in BTC. BTC and gold Futures can be traded with a leverage of up to 100x, while all other contracts have a maximum leverage of 20x.

All spot and derivatives markets can be traded on a simulated testnet, which gives users the option to test out their trading strategies before applying them with real money.

Welcome Bonus and Referral Program

Phemex offers three tiers of welcome bonuses. The first tier worth $2 is credited instantly upon account activation. Users who follow Phemex on Twitter and retweet their pinned Tweet receive an additional $10. Finally, funding their Phemex account with either 0.2 BTC or $1500 nets users an additional welcome bonus of $60.  

Influencers can earn a commission of 50% from all users that sign up using their Referral code through the exclusive Phemex All-Star Program. In addition, they receive a commission of 10% for the referral of other All-Star participants. Users who do not partake in the All-Star Program can earn other referral bonuses, such as free premium membership.

Security

All of the Phemex software systems are hosted on the AWS Cloud, using firewalls and whitelists to separate different trading systems, to minimize the risk, and to mitigate the damage from potential security breaches. 

User accounts are protected by two-factor authentication for all critical operations. Additionally, Phemex uses bank-level double-entry bookkeeping to prevent third-party tampering of records and to detect breaches. 

User funds are stored in cold wallets, minimizing the potential damage from hacks. All withdrawals are checked for malicious activities before being approved. The Phemex trading engines allow for fast and error-free settlement of trades. Phemex operates a multilingual 24/7 customer support.

Fee Structure

Withdrawal fees from wallets are reasonable and generally in the same range as other exchanges. For example, Phemex charges 0.0005 BTC for Bitcoin withdrawals, or 1 USDT for Tether withdrawals. Withdrawals from USD or BTC trading accounts are free of charge. 

The Taker fee on the Futures platform is 0.075% for all markets. Phemex incentivizes users who provide liquidity to their order books with a negative Maker fee of -0.025%. 

For the spot markets, all transactions carried out through the Phemex website or mobile app are free of charge. For automated traders, there is an option for API-based trading, with a fee of 0.1%. 

In comparison, Binance charges a base fee of 0.1% for spot trades. This means that traders with an annual volume of more than $70,000 can find a cheaper alternative in Phemex. Also, market makers and traders who prefer limit orders over market orders can profit from the negative Maker fee.

Is Phemex a safe Exchange to use?

Since Phemex is one of the youngest high-profile cryptocurrency exchanges, they have yet to stand the test of time. Nevertheless, Phemex is operated by a team of high-frequency trading technology professionals with multiple years of experience as Morgan Stanley executives. 

Their handwriting and experience in development and cybersecurity is clearly recognizable in their security concepts. User funds are generally stored in multisignature cold wallets with 2FA and additional security checks upon withdrawal. 

A negative point is the lack of clear regulation. As such, the services provided by Phemex are restricted in some jurisdictions, including the United States. Users are advised to consult the Terms of Use in order to check whether they are eligible to trade on the exchange and whether the exchange is regulated in their home country.

Phemex Review Verdict

Phemex is a relatively new cryptocurrency exchange, which has however shown enormous growth in the past year. The exchange promises high liquidity and leverage of up to 100x on Bitcoin and gold Futures. 

The fee structure and premium membership makes Phemex an interesting alternative, especially for high-volume spot traders and limit order traders. 

Key Highlights

  • Phemex is the fastest growing cryptocurrency Futures and spot exchange in 2020.
  • Rather than relying on trading fees, Phemex offers zero-fee spot trading for premium members.
  • Perpetual contracts can be traded with up to 100x and altcoins with up to 20x leverage. 

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Diversify your Portfolio with the AI driven platform- WorldMarkets! https://coinpress.live/diversify-portfolio-ai-driven-platform-worldmarkets/ Thu, 20 Feb 2020 11:08:28 +0000 https://coinpress.live/?p=63640 World Markets, a leading trading platform, leads the industry with an AI centered invested platform. With a unique feature named “Trader-operated Artificial Intelligence Managed” it combines both advanced AI technology and expert analyst. For the last few decades, technological advancement has revolutionized the way we live and do business. Think of the life-enriching smart techs

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For the last few decades, technological advancement has revolutionized the way we live and do business. Think of the life-enriching smart techs that make life at our homes blissful. Today’s super-fast internet has made life better while Artificial Intelligence (AI) has been impacting nearly every industry.

AI’s impact on trading has improved the reliability and efficiency of the financial industry. It has eased the investment terrain for both seasoned and upcoming investors. As a result, more and more brokerage firms, including World Markets, are adopting the technology to execute all their market transactions.  

World Markets Overview

World Markets, a leading trading platform, leads the industry with an AI centered invested platform. It has a unique feature named “Trader-operated Artificial Intelligence Managed” trading accounts that combines both advanced AI technology and expert analyst.

 This blend of human and machine intelligence has ensured the platform produces positive returns on investments irrespective of the market conditions. 

How do you start trading on World Market AI Managed accounts?

Despite the complexities behind the AI technology, the platform provides a pretty easy to navigate platform that doesn’t require any prior expertise. Here is a guide for account creation;

  • Once on the website, click the sign-in button on the upper right-hand corner.

Sign the digital agreement document that will give the platform access to your account’s trade-only feature.

  • Deposit funds to your account via the diverse global payment providers available.
  • Activate your account and wait for 24hours to start trading

How much will it cost you?

Apart from the innovative technological features that World Markets has rolled out to ensure investors don’t lose their investment, the platform offers the most competitive pricing structure. For starters, the majority of managed accounts service providers charge 30% and above. Here’s what you’ll pay at world markets;

  • 20% performance fee for standard accounts and a 1% annual management fee. ( you’ll remain with 80% profit)
  • 10% performance fee for Gold premier accounts and 0.5% annual management fee (you’ll remain with 90% of net profit.

Cases of account management abuse have made clients skeptical about investing in such services. Worldmarkets.com has got various features that ensure investors’ funds are intact.

  • No upfront fees on any world markets accounts
  • No mark-ups or rebates fees charged on spreads
  • The platform operates on a high-water mark; accounts are subject to net profits charges only

World Markets AI account safety

Every investor’s first concern is the safety of their investment before considering the returns. World Markets has integrated the most advanced risk-management procedures that risk analysis prior to the execution of every transaction.

To add to this, the platform uses 2-Factor authentication and military-grade encryption that fortifies investors’ accounts from any unauthorized access.

Since the platform holds large volumes of investors’ funds, they are all transferred to different banks and Tier-1 Liquidity Providers to ensure there’s an additional layer of security on all fronts. 

And don’t worry that an inside person might tamper with your account’s trading operations. World Markets members have access to “trade-only” feature. This means you are the only one with the keys to withdraw and other sensitive account features.

More services offered on World Markets platform

 Before expanding their services to include AI Managed Trading Accounts services, World Markets has been operational since 2003 as a precious metal dealer. They have since included other online trading opportunities such as stocks, forex, commodities, indices and cryptocurrencies.

One thing that will catch your attention early is that world markets act as introducers for most of their products rather than the primary brokers themselves. Their partner firms include Bitmex, UFX and HYCM all of which have been in operation for more than 3 decades, a factor that increases trust level for world markets as a brand. Some of the features that make this platform popular include;

Trading platform

The platform gives traders an option to choose between multiple trading platforms.

  • In house MGL Copy Trader (for AI managed accounts trading)
  • MetaTrader 4 & MetaTrader 5 (self trading accounts and cryptocurrency trading account)

These are the most advanced trading platforms currently in use today. They are each compatible with any web-browser, Mac and Windows device. You don’t have to get stuck on your laptop for you to execute some trades. You can easily access your trading account via mobile phone. You’ll only need to install a trading application that is available on the App Store or Google Play.

Exotic metals

Many traders recognize World markets as an exotic metal dealer platform mainly Gold and Silver. The platform, however, allows traders secure access to other metal markets that allow them to identify new opportunities and diversify their portfolio. Such metals include;

  • Platinum
  • Palladium
  • Ruthenium
  • Iridium

diversify porfolio

Affiliate programs

If you’ve got friends you can invite over the platform to trade, World Market will generously reward you. For every successful referral, you’ll receive 50% of all fees collected from the new user transactions. Here is the kicker though, if you manage to scope 10 successful referrals, you’ll earn 1 oz credit Suisse Gold Bar. 

Customer support

The platform boasts of a robust customer support team that is available 24/7 all year around. Clients can reach out through email, ticket form or phone. Note that the platform is available in 43 countries across the worldwide and they have phone numbers for each country.

Pros

  • High diversification levels that give investors leverage
  • Supports diverse payment options 
  • An industry leader in bullion trading
  • Partners with top world financial firms like Barchat, HYCM, Trading View, DX. Exchange, and BitMix 
  • The firm holds several awards and distinctions from worlds’ best financial agencies

Cons

  • AI trading has no app or android mobile app available yet
  • Doesn’t support credit card withdrawals or deposits
  • No demo accounts available 

Conclusion

World Markets has established itself as a credible broker in the industry. Since its launch in 2003, the firm has set itself apart from competitors with its superior services in all of its market trading. The recent inclusion of IA managed accounts and automated trading systems are a game-changer.

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Bybit : A Comprehensive review of the derivatives exchange! https://coinpress.live/bybit-listening-caring-reliable-leveraged-crypto-derivatives-exchange/ Mon, 14 Oct 2019 11:30:28 +0000 https://coinpress.live/?p=45916 Bybit Overview:  Bybit is a Dubai-based cryptocurrency futures exchange that was established in 2018. With more than 10 million customers trading on the site worldwide in 2023, Bybit has developed into one of the biggest and most reputable cryptocurrency exchanges. A fair trading environment is provided by Bybit exchange, a cryptocurrency derivatives exchange, for trading

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Bybit Overview: 

Bybit is a Dubai-based cryptocurrency futures exchange that was established in 2018. With more than 10 million customers trading on the site worldwide in 2023, Bybit has developed into one of the biggest and most reputable cryptocurrency exchanges.

A fair trading environment is provided by Bybit exchange, a cryptocurrency derivatives exchange, for trading futures with good leverage in BTC/USD, ETH/USD, XRP/USD, EOS/USD, and BTC/USDT perpetual contracts. Our Bybit review reveals that this cryptocurrency exchange runs and offers a secure, safe, equitable, open, and effective futures trading platform.

The Bybit eco-system has expanded significantly since 2018. The Bybit management has prioritized user experience and platform security throughout this expansion.

One of the most cutting-edge, safe, and user-friendly systems in the cryptocurrency sector is provided by Bybit. Bybit is considerably superior in comparison to its rivals as it can accommodate the needs of retail and institutional traders. Moreover, it can handle 135,000 transactions per second. 

Bybit has not yet encountered any system overload, which makes it an enticing option for seasoned investors. Bybit is poised to capture a significantly larger market share in 2023 as its innovation and growth continue to attract new customers to the platform.

Industry leaders from the banking and FX sectors, including Morgan Stanley, Tencent, and other well-known organizations, comprise the Bybit leadership team. The three product categories offered by Bybit are Spot, Derivatives, and Options. On Bybit, you can trade various crypto items with leverage up to 100:1.  

 

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