How To Start With Kkex.com
To start trading with Kkex.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 Quidax.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 Kkex.com account.
KKEX Trading fees
KKEX 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. Many exchanges charge what we call taker fees, from the takers, and what we call maker fees, from the makers. The takers are the people who “take” orders from the order book. This means that they remove order options from the order book and thereby remove liquidity. Makers are the ones who put the orders on the order book in the first place.
The main alternative to this is to simply charge “flat” fees. Flat fees mean that the exchange charges the taker and the maker the same fee. At this exchange, they charge flat fees: 0.20%. 0.20% is in line with the global industry average which is arguably around 0.25%. We are however currently seeing a shift towards even lower fees. Many exchanges now charge e.g. 0.10% or 0.15% instead.
KKEX Withdrawal fees
Another fee to consider before choosing which exchange to trade at is the withdrawal fee. The withdrawal fee is usually fixed (regardless of the amount of cryptos withdrawn), and varies from crypto to crypto. The global industry average withdrawal fee is 0.000812 BTC when you withdraw BTC.
Here, at KKEX, you pay no withdrawal fees at all. Zero. This is very impressive indeed and there’s only 30 something exchanges in the whole world that offer zero-fee withdrawals. Good job, KKEX!
KKEX does not accept any deposits of fiat currency. This means that the new crypto investors (i.e., the investors without any previous crypto holdings) can’t trade here. In order to purchase your first cryptos, you need a so called entry-level exchange, which is an exchange accepting deposits of fiat currency. Find one by using Exchange Finder!
Why choose KKEX
All trades at KKEX are charged with a fee of 0.20%, which is a good pricing. Such fees are in line with the average in the crypto sector. Besides, almost all deposits and withdrawals are free of charge, which is really attractive. Most exchanges charge withdrawals out of the platform, and some of them have rather hefty fees.
Solid number of altcoins listed
Launched as a platform for exchanging Bitcoin Cash for Bitcoin, KKEX currently offers trading in a number of other coins: Ethereum, Eos, Bitcoin Gold, Aeternity, Read, LiteBitcoin and others. Trading is done against BTC and ETH.
Kkex.com run all the exchange-websites in Mozilla’s Observatory-test. The score in such test is one of many indicators of the exchange’s security. KKEX received an F-score in this test. Don’t be overly alarmed though, as F is actually the Mozilla Observatory-score received by the majority of all exchanges.