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Home CryptoCurrencies Centralized Exchange

Graviex.net Cryptocurrency Exchange Review : This Exchange Supports One of The Industry

Verna by Verna
August 20, 2019 - Updated on April 21, 2020
in Centralized Exchange
Reading Time: 3 mins read
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About Graviex 

Graviex is a cryptocurrency exchange built mainly for the purposes of the Gravio project. This is a new endeavor, which aims to create a location-based assistant. They will only briefly discuss it in this review and look at Graviex from the perspective they always look at exchanges – that of an active trader, who may not have that much experience with cryptocurrencies.

Graviex Graviex review you can find all the information you need to know about this cryptrocurrency exchange. Graviex supports 103 currencies and 142 trading pairs. The trading volume is $101,273.39 (9.43 BTC) (24h). Take a look at Graviex comparison. Graviex is another coin exchange that was originally created in Russia and has its data center there. The exchange launched in February 2018. Russia has a fair share of coin exchanges.

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Operating company

Exchange name Graviex
CompanU Support 24/7
Language English
Futures trading Present
Transaction fee 0.20%
Withdraw Fee 0.0004 BTC
Official site https://graviex.net

Trading fees

This exchange offers a flat trading fee of 0.20%, meaning that both the taker and the maker in a trade pay 0.20% of the trade’s order value. 0.20% is slightly below the global industry average which is arguably around 0.25%.

It should be noted here that many exchanges have trading fees that are reduced as volumes are increased, meaning that you are incentivized to trade in higher volumes. The fees listed in this review and in the comparison table are excluding any such volume discounts.

Market trade fee is equal to 0.2% of an order amount.

  • The fee amount is deducted from the order and in the order cryptocurrency.
  • The fee is charged only when an order is executed.
  • Please, notice: if the order is partially fulfilled, the fee amount will be calculated and charged proportionally with the correspondent part of the amount.

Withdrawal fees

Graviex you want to withdraw BTC from this exchange, you will have to pay 0.0004 BTC in withdrawal fees. This is actually quite competitive. The global industry average BTC-withdrawal fee is 0.0008 BTC, so Graviex charges 50% of that. All in all, the fees are sufficiently competitive at this exchange compared to the global industry averages.

  • BTC – 0.0004 BTC
  • ETH – 0.0055 ETH
  • DOGE – 2.0 DOGE
  • NYC – 1.0 NYC
  • XMR – 0.02 XMR
  • PIVX – 0.2 PIVX
  • NEM – 0.05 NEM
  • SCAVO – 5.0 SCAVO
  • SEDO – 5.0 SEDO
  • USDT – 3.0 USDT

Deposit Methods

Graviex trading platform does not accept any direct deposits of fiat currency. However, you can deposit and withdraw fiat currency through the third party payment service provider Payeer. This means that this exchange – through the use of Payeer – is actually an entry-level exchange. You can deposit USD, EUR and RUB to your account at this exchange through the Payeer-service.

Average Fees 

Graviex costs associated with every trade on Graviex are also pretty much standard for the industry – 0.20%. These are charged for both market makers and takers.

Best-Designed Platform 

The interface presented by this exchange is designed with active trading in mind. Inspiration is taken from a few other venues, but there is nothing wrong with that.

2FA Supported 

Graviex exchange supports one of the industry standards in terms of security. Two-factor authentication allows one to set-up a connection between his account at the exchange and his smartphone (via a mobile app). Later on every log-in will have to be verified with the phone.

Article Disclaimer

The Information Presented Here Does Not Constitute Investment Advice Or An Offer To Invest. The Statements, Views, And Opinions Expressed In This Article Are Solely Those Of The Author/company And Do Not Represent Those Of Coinworldstory. We Strongly Advise Our Readers To Do Your Own Research (DYOR) Before Investing In Any Cryptocurrency, Blockchain Project, Or Ico, Particularly Those That Guarantee Profits. Furthermore, Coinworldstory Does Not Guarantee Or Imply That The Cryptocurrencies Or Projects Published Are Legal In Any Specific Reader’s Location. It Is The Reader’s Responsibility To Know The Laws Regarding Cryptocurrencies And Icos In His Or Her Country. Please Respect Your Country Law & Take Advice From Your Advisor .

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Verna

Verna

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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