Dex-Trade Exchange Review
Are you searching for a safe and effortless-to-manage cryptocurrency exchange? Dex-Trade is your best option! Learn why this exchange stands out and how you can use it to trade digital assets with assurance. Get all the facts in this comprehensive review instantly!
What Is Dex-Trade
Dex-Trade is a centralized crypto exchange, based in the USA, operating since 2018. It’s known for low transaction fees, fast processing, and 24/7 customer service. Advanced technology ensures customers remain safe while trading on the platform. Funds are transferred swiftly between users with no waiting time. The user interface is easy to use and understand, making it an accessible platform for traders.
Dex-Trade also uses blockchain technology to protect user data and financial information from potential hackers. Margin trading, up to x2 leverage, is also available for experienced traders.
Advantages and Disadvantages of Dex-Trade
DEX-Trade’s transaction costs are competitive compared to other exchanges. The fees are in line with the transaction, ranging from 0.15% to 0.25%.
DEX-Trade exchange is frequently one of the top 10 largest exchanges by market capitalization compared to other centralized exchanges like Coinbase or Binance. With more than $500 million in trade volume each day, they offer enough liquidity to never miss an opportunity when trading cryptos on this platform.
Cryptocurrencies on Dex-Trade
Dex-Trade is an exchange for digital assets such as Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and more.
Decentralized finance (DeFi) tokens such as Maker (MKR), Aave (LEND) and Uniswap (UNI) are also listed on Dex-Trade! You can buy these tokens in addition to digital currencies.
Dex-Trade Features
The platform has an easy-to-use user interface for all trading backgrounds, from beginner to advanced. Features like portfolio tracking, order books, charts, and liquidity searches are included for a comprehensive trading experience. Moreover, Dex-Trade created its own liquidity network. This enables users to make better decisions when entering or exiting positions.
A unique feature is the demo trading mode. Users can get familiar with the platform, get trading strategies and practice without money at risk. Plus, an instructional video and a demo app with real-time charting and analysis tools are available on the website.
The modern mobile app offers updated market monitoring and faster trades. Plus, notifications about account balances and alarms triggered by certain market conditions can be set. There are no commissions for all trades, multifactor authentication for site login and other services like account funding/withdrawal.
To sum up, Dex-Trade suits everyone – experienced in crypto trading or just starting out.
Dex-Trade Trading Options
The exchange provides both maker and taker trades. Spot trading and swap trading are both supported.
Apart from the payment methods, Dex-Trade also has loads of liquidity for trading pairs like Ethereum/Bitcoin or Litecoin/Dollar. This deep liquidity maintains markets active and reduces price changes compared to other exchanges.
How to Create and verify a Dex-Trade account
Creating and verifying a Dex-Trade account is easy.
- First, enter personal info like email, username, billing address, and phone number. Make sure the info is up-to-date for authentication.
- Next, generate an API key for secure access.
Verifying your Dex-Trade account requires more data. You’ll need proof of identity, proof of residence, and bank statements. This is mandatory for traders dealing with large sums or withdrawing over €2000 monthly. All documents must be uploaded in their original format within 48 hours.
If all documents are provided and accepted, your trader status will switch from ‘unverified’ to ‘verified’. Then you’ll have access to all features, and can conduct transactions over €2000 per month without extra paperwork!
How to Deposit and Withdraw money on Dex-Trade
Dex-Trade Exchange doesn’t require the use of a third-party. To start trading, you have to deposit money into your account. Go to your profile page, select the “Deposit Funds” option and follow the instructions for depositing money through bank transfer, credit/debit card, or another cryptocurrency.
The same methods can be used to withdraw funds. Note that it takes up to five business days to process the request. Fees are charged, so check them before completing the transaction. Big amounts may require identity or address verification depending on the location and withdrawal method.
Follow these instructions and applicable laws to make secure deposits and withdrawals and enjoy the opportunities on Dex-Trade!
Dex-Trade Fees and Limits
Low fees and no limits on trading volume make it ideal for beginners. Buyers can purchase tokens with fiat currency and sellers can withdraw either fiat or cryptocurrency. The exchange charges a 0.1% trading fee – one of the lowest in the industry.
So, if you’re searching for a low-fee, high-volume exchange with plenty of token options, consider Dex-Trade Exchange!
Dex-Trade Security Measures
Security measures are a top priority for Dex-Trade, protecting user accounts, wallets and funds.
To secure the platform, 2FA and SMS/email verifications are used to avoid unauthorized access. Cold and hot wallets are also implemented. Cold wallets remain offline, while hot wallets hold user funds online. Blockchain tech bolsters these wallets and links transactions securely. Data is stored on an immutable decentralized network, so malicious access is less likely.
For security features, this platform offers a secure wallet to keep assets. All transactions in the account are encrypted with top-class technology. The system implements multiple layers of security procedures and measures to ensure private keys are shielded from third-party access attempts or theft.
Dex-Trade Customer Support
The customer support team of Dex-Trade is available all day and night via email, web chat or phone for any queries or concerns about trading on their platform. They’re experts who can handle customer issues fast and effectively. Plus, there’s a knowledgebase with tutorials, FAQs and more.
Frequently Asked Questions
Q1: What services does Dex-Trade Exchange offer?
A1: Dex-Trade Exchange offers a wide range of services including trading of cryptocurrencies, digital assets, and fiat currencies. It also provides margin trading, derivatives, and a range of other financial services.
Q2: Is Dex-Trade Exchange secure?
A2: Yes, Dex-Trade Exchange is designed to be secure and reliable. All user data is stored securely, and the exchange utilizes advanced security protocols and encryption to protect user accounts.
Q3: What payment methods does Dex-Trade Exchange accept?
A3: Dex-Trade Exchange accepts a variety of payment methods including credit/debit cards, bank transfers, and cryptocurrency payments.