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Centralex Cryptocurrency Exchange Review: Simple and Secure Trading Experience

About Centralex

Centralex is a Hong Kong based international cryptocurrency exchange. With a global vision in mind and an international office footprint spanning two continents, they strive to bring remarkable people together to do extraordinary things. In so following this ethos the savvy team at Centralex embarked upon a journey to create what they could consider the best version a cryptocurrency exchange could be.

A new, more accessible way of managing digital assets and introducing the world to the potential future of what money might become. Centralex dedicate ourselves to providing a safe and convenient service for cryptocurrency trading and to help grow and sustain the crypto community in its entirety.

Centralex Coin is not your typical exchange Coin that you see on the market today. It is unique in that it will be backed not only by the exchange, but also by other cryptocurrencies. Centralex will support the CENX Coin by offering holders a quarterly airdrop generated by the Centralex platform.

Centralex will also have a portion of the assets converted into Bitcoin holdings.. This will have the effect of creating a stable and liquid base for Centralex, affording the team the means to continue developing more innovative crypto-based solutions for years to come.

Operating Company 

Exchange NameCentralex
Support24/7
LanguageEnglish
Deposit FeeFree
Maker Fee0.095%
Taker Fee0.095%
Official SiteHomepage

How To  Start With Centralex

To Start Trading With Centralex Exchange Cryptocurrency 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 Centralex Exchange Cryptocurrency 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 Centralex.

How does Trading Fee work on Centralex?

The Centralex platform will charge the trading fees according to the table below. Users will get a discount if they choose to use Centralex Coins to pay their trading fees.

  • Standard Exchange Fee
    • Maker / 0.095%
    • Taker / 0.095%
  • Discounted Exchange Fee
    • Maker / 0.07125%
    • Taker / 0.07125%

What are Maker and Taker fees?

The maker and taker model is a way to differentiate fees between trade orders that provide liquidity (“maker orders”) and take away liquidity (“taker orders”). Maker and taker trade orders are charged different fees.

  • Maker Orders; A trade order gets the ​maker​ fee if the trade order is not matched immediately against an order already on the order book, which adds liquidity​.
  • Taker Orders; A trade order gets the ​taker​ fee if the trade order is matched immediately against an order already on the order book, which removes liquidity​.

Deposit & Withdraw Limit

The maximum crypto withdrawal limit depends on your KYC / AML status. For all fiat deposits and withdrawals, they require the user to complete our KYC / AML procedure. The following are the limits.

Cryptocurrency limits apply the same way for all clients

    Starter ( NO KYC ) Intermediate Pro 
  Daily (24 hour)   limits   Deposit Unlimited Unlimited Unlimited 
   Withdraw $1,000 $50,000 $1,000,000 
Monthly (30 day)   limits   Deposit Unlimited Unlimited Unlimited 
   Withdraw $30,000 $1,500,000 $30,000,000 

All limit values are calculated in USD. 


Starter ( NO KYC )
 
Intermediate Pro 
  Daily (24 hour)   limits   Deposit $100,000 $10,000,000+ 
   Withdraw $100,000 $10,000,000+ 
  Monthly (30 day)   limits   Deposit $3,000,000 $300,000,000+ 
   Withdraw $3,000,000 $300,000,000+ 

All limit values are calculated in USD. 

Order Book

Centralex order book is a list containing all outstanding buy or sell orders for an asset, organized by price level. An order to buy is called a ‘bid’ and an order to sell is called an ‘ask’. The exchange’s matching engine pairs up bids and asks with market buy/sell orders, resulting in a trade.

How does Centralex referral system works?

In Centralex, there are two types of referral systems.

1.Basic Referral.

2.VIP Referral.

Basic Referral: 

Basic Referral system applies to referrer’s holding less than $7500 in the equivalent CenX tokens. Users will earn up to 25% share of the fees collected by L1 referrals and 5% of the fees collected from their L2 referrals

VIP Referral:

VIP Referral system applies to users who hold more than $7500 USD in CenX tokens.

A VIP user will earn up to 35% of the fees collected by L1 VIP referrals and 10% of the fees collected from their L2 VIP referrals if they hold more than $7500 in the equivalent of CenX tokens.

Transparency

Transparency is of paramount importance and the Centralex Team aims to be as transparent as possible in all of its operations. Centralex recognizes that building trust through transparency is critical to the success of the project and to honor this commitment, there will be a webpage dedicated to transparency and transparency-related initiatives.

CenX Token

The CenX token will be launched with the ILO price of $0.03/ Token. The following projections have been included to demonstrate the company potential values, which in turn translate to a higher valued token. To give a better understanding of financial projection please see the datasheet below.

Features

Licensed & Regulated

Centralex is an Estonian registered cryptocurrency exchange and holds a valid crypto exchange and wallet license which meets the EU regulations. Registration website under the registration number: 14559308.

Safe Storage

They manage digital assets using a combination of cold wallets & Multi-party computation (MPC) technology.

Security First

Centralex use the latest technologies to keep your funds safe, and stay ahead of vulnerabilities and exploitation attempts.

Fast Withdrawals

Using multi-party computing we are able to offer fast round-the-clock withdrawals while maintaining rigorous security standards.

Fiat Gateway

Centralex accept deposits of major fiat currencies including USD, JPY, EUR, SGD, HKD, and AUD.

24/7 Support

Have a problem or just need to ask us something? The customer support team are available to help 24/7.

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 In An Online Program With Money You Aren’t Prepared To Lose. Make Sure To Research The Website. So Please Take Care Of Your Investments. And Be On The Safe Site And Avoid Much Losing Online.

Disclaimers

All Review published on Coinworldstory serve informational purposes only. Coinworldstory does not provide investment forecast, recommendations or any consulting for that matter. Thus, neither Coinworldstory, nor the experts can be hold responsible for the visitors’ investment decisions. Please Do Not Ask Us Any Investment Advise .We Refuse It . It Is Only Newspaper & Review Website . if You Need Any Correction Than Only Use Contact Us Button

Vernahttps://coinworldstory.com
One of Coinworldstory's longest-tenured contributors, and now one of our news,ico,hyip editors, Verna has authored over 6900+ 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.
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