ApolloX Cryptocurrency Exchange Review: It Is Safe Or Legit Exchange?

About Apollox

Founded in 2021, ApolloX is the first CEX-DEX hybrid crypto derivatives exchange. The CEX went live in September 2021 offering trading of perpetual contracts. Two months later in November 2021, the ApolloX DEX was officially launched.

In December 2021, ApolloX Cryptocurrency launched APX, its native token. APX has a total supply of 10 billion, with 2.5% allocated for trading on PancakeSwap. The bulk of the supply will be allocated into trading rewards and ApolloX community treasury.

ApolloX aims to provide accessibility and anonymity to derivatives trading for both new and experienced traders. Users are free to trade USDT-based perpetual contracts with up to 100x leverage on either or both the ApolloX CEX and DEX. Both CEX and DEX offer enhanced security measures including 2FA and address whitelisting.

Operating Company 

How To  Start With ApolloX Cryptocurrency

To Start Trading With ApolloX Cryptocurrency 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 ApolloX Exchange 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 ApolloX Cryptocurrency Exchange .

Fees

Maker:

0.10%When you place an order that goes on the order book partially or fully such as a limit order, any subsequent trades coming from that order will be known as “makers.” These orders add volume to the order book, helping to “make the market,” and are therefore termed the “maker” for any subsequent trades.

Taker:

0.10%When you place an order that trades immediately, either by filling partially or fully, before going on the order book, those trades will be “taker” trades.Trades from market orders are always Takers, as Market orders can never go on the order book. These trades are “taking” volume off of the order book, and are therefore called“takers.”

Future Trading Fees

Introduction text below

ApolloX Cryptocurrency Different order types will have different corresponding transaction fees, kindly click to view the definition of maker and taker. Users can get the discounted transaction fees by joining our platform’s campaigns.

Maker

0.0200%When you place an order that goes on the order book partially or fully such as a limit order, any subsequent trades coming from that order will be known as “makers.” These orders add volume to the order book, helping to “make the market,” and are therefore termed the “maker” for any subsequent trades.

Taker

:0.0700%When you place an order that trades immediately, either by filling partially or fully, before going on the order book, those trades will be “taker” trades. Trades from market orders are always Takers, as Market orders can never go on the order book. These trades are “taking” volume off of the order book, and are therefore called“ takers.”

Deposit & Withdraw Fee

Deposit Fees

ApolloX does not charge any deposit fees.

Withdrawal Fees

A flat fee is charged to cover the transaction costs when withdrawing from a ApolloX Cryptocurrency account. Withdrawal rates are determined by the blockchain network and can fluctuate without notice. Please check the most recent data listed.

Advantages

Freedom of Choice

The world’s first centralized and decentralized (CEX-DEX) hybrid crypto exchange

Deep Liquidity

ApolloX Cryptocurrency Unparalleled order-book liquidity, allowing users to trade efficiently with minimal slippage.

Fast & Stable System

With fast and reliable system functionality, users do not have to worry about system downtime.