Citex.co.kr is a peer-to-peer digital asset trading platform with the aim to open up a digital asset trading platform for full process transfer, payment and transaction of legal currency. CITEX is committed to providing a safe, efficient and open block chain digital asset trading and hosting platform with trust.
CITEX is an exchange registered in South Korea. South Korea is – together with Hong Kong, USA and the United Kingdom – one of the bigger country players in the world of cryptocurrency. It is the home of two dozen other exchanges listed in Cryptocurrency Exchange List. A few of them include Coinbit, Cashierest, CoinZest, Coineal, Allbit, Bithumb, Coinone, Korbit, Coinrail, GDAC, Gopax, Upbit and CPDAX.
How To Start With 9coin.com
To start trading with 9coin.com ,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 9coin.com 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 9coin.com account.
Trading fees are naturally very important. 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. At this exchange, they don’t divide between takers and makers. Each party to a transaction pay the same fee: 0.10% of the order value.
0.10% is below the industry average. Industry average has for a long time been 0.25%, but we are currently seeing a shift towards lower fees. Many exchanges now charge e.g. 0.10% or 0.15% instead.
Taker：refers to those who make orders immediately with the Maker and take away the market depth.
Maker：refers to those who set the limit order, queue up for the transaction and provide the market depth.
CITEX offers wire transfer as a deposit method, but credit cards is not an available deposit method. Accordingly, if you for any reason must use your credit card for deposits, this exchange is not for you. But in that case, you can just use the Exchange Finder to find another exchange suitable for you. Also, wire transfer are only available is you deposit the South Korean currency (KRW).
We have not been able to find this exchange’s withdrawal fees. This is potentially a risk for you as an investor (if they are not informed of anywhere we believe there is a higher risk that they are high). Accordingly, they strongly urge you to make your own analysis of the withdrawal fees at CITEX before depositing any funds here and before concluding that it is the best cryptocurrency exchange site for you.
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CITEX also has a very useful app for people that prefer to trade on their smartphones. The below picture shows the trading view in mobile format.
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