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Acdx Exchange Review: Top Exchange Platform

Acdx Exchange Review: Top Exchange Platform

About Acdx Exchange

ACDX Exchange is a cryptocurrency exchange registered in Hong Kong that has been operational since 2020. The platform is available in three languages: Japanese, Mandarin and English. ACDX Exchange focuses on derivatives trading. A derivative is an instrument priced based on the value of another asset (normally stocks, bonds, commodities etc). In the cryptocurrency world, derivatives accordingly derive its values from the prices of specific cryptocurrencies. You can engage in derivatives trading connected to the following cryptos here: BTC, ETH, ACXT (the platform’s own token), USDT, mUSD, USDC, TUSD, BUSD, PAX and DGCL.

Operating Company 

Exchange Name Acdx
Support24/7
LanguageEnglish
Deposit FeeFree
Taker Fees0.050%
Maker Fees0.0015%
Official SiteHomepage

How To  Start With Acdx .com

To Start Trading With Acdx Exchange Indian Residents First Have To Sign Up For An Account By Following The Steps Below.

Step 1. Click On The “Login/Signup” Link On The Top Right Hand Corner Of The Acdx Website.

Step 2. In The Form, Fill In Your First Name, Last Name, Mobile Number, Email ID And Password.

Step 3. If You Have A Referral Code, Enter The Code While Creating Your Account.

Step 4. Submit The Form And Wait For An Activation Email To Be Sent To You.

Step 5. Click On The “Confirm Email” Link In The Activation Email.

Step 6. After Your Account Is Activated, You’ll Be Sent A 6 Digit One Time Password (OTP), Which You Have To Enter After Logging Into Your ACDX Exchange .

ACDX Exchange Trading fees

Trading Fees

  • Maker fee: 0.015%
  • Taker fee: 0.050%

Every time you place an order, the exchange charges you a trading fee. The trading fee is normally a percentage of the value of the trade order. Many exchanges divide between takers and makers. Takers are the one who “take” an existing order from the order book. Makers are the ones who add orders to the order book, thereby making liquidity at the platform.

At ACDX Exchange, takers pay 0.05%. Makers, however, receive a discount and pay 0.015% per trade. Compared to the contracts trading industry average fees, these fees are quite on point with average. The contracts trading industry averages are 0.064% for takers (ACDX Exchange is slightly below here) and 0.014% for makers (ACDX Exchange is very slightly above here). 

You can also receive discounts on your trading fees if you hold a certain amount of the exchange’s own token (the ACDX Governant Token). In order to receive the highest possible discount (30%), you need to hold USD 500,000 worth of ACDX Governance Tokens. On the date of first writing this review (10 February 2021), that corresponded to approx. 1.4 million tokens. Here’s a full table of the available trading fee discounts:

ACDX Exchange Withdrawal fees

ACDX Exchange charges a withdrawal fee of 0.0006 BTC per BTC-withdrawal. This fee is slightly below the global industry average. The current global industry average is 0.000643 BTC per BTC-withdrawal according to this report. All in all, the fees charged by this platform are acceptable.

  • We will review the network’s traffic and withdrawal fees on a daily manner 
TickerFull NameNetworkMinimum WithdrawalWithdrawal Fee
ACXTACDX Governance TokenERC20100.000000050.00000000
BTCBitcoinBTC0.002000000.00060000
ETHEthereumERC200.10000000.0200000
USDTTetherERC2020.000000010.00000000
USDTTetherTRC2020.00000001.0000000
mUSDmStable USDERC2020.000000010.00000000
USDCUSD CoinERC2020.000000010.00000000
TUSDTrueUSDERC2020.000000010.00000000
BUSDBinance USDERC2020.000000010.00000000
PAXPaxos StandardERC2020.000000010.00000000
DGCLDigiColERC20400.000000200.0000000
CLIQDefiCliqERC20600.00000300.0000000

Deposit Methods

In order to trade here, you must have cryptocurrency to begin with. The only asset class you can deposit to ACDX Exchange is cryptocurrency. However, if you really like ACDX Exchange but you don’t have any crypto yet, you can easily start an account with an exchange that has “fiat on-ramps” (an exchange where you can deposit regular cash), buy crypto there, and then transfer it from such exchange to this exchange. Use Exchange Filters to easily see which platforms that allow wire transfer or credit card deposits.

Why Choose ACDX Exchange

High Level Security

●BitGo multi-signature technology

● 95% of assets in cold storage

● Encrypted personal information.

Robust Trading

● Light-speed & resilient matching

● Advanced algorithmic orders

● Up to 200x leverage

Customer First

● 24/7 dedicated support

● Customizable & intuitive interface

● Sleek, simple registration process

Disclaimer:

Not all the websites Which listed in Top List are 100% safe to use or investment. We do not promote any of those. Due diligence is your own responsibility. You should never make an investment into any online program with money you aren’t prepared to lose. Make sure to research about the website. So Please take care of your investments. and be in the safety site and avoid much losing online.

One of Coinworldstory's longest-tenured contributors, and now one of our editors, Verna has authored over 2600+ stories for the site. When not writing or editing, He likes to play basketball, play guitar or visit remote places. Verna, to his regret, holds a very small amount of digital currencies. Verna Is team Members of 9 People