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DEx.top

4 from 1 vote
Decentralized

Fees

Taker fee

0.2%

Maker fee

0.1%

Withdrawal fee

0

Funding methods

Wire transfer

Credit card

Other crypto

US investors permitted


DEx.top Review

A trading cryptocurrency guide must provide reviews of all of the top crypto exchanges out there, so that you can find the best cryptocurrency exchange site for you. This review of DEx.top consists of four parts: general information, fees, deposit methods and security.

General Information

DEx.top is a decentralized exchange, that’s what “DEx” in its name comes from. It launched in May 2018.

Decentralized exchanges are becoming increasingly more popular. They are definitely gaining market shares against their centralized counterparts. You have probably heard of at least one of the following exchanges that are all decentralized exchanges: Mercatox, EtherDelta, Bibox, Bitshares Asset Exchange, Waves DEX, Bancor Network, OpenLedger DEX, CryptoBridge DEX, Stellar DEX, OasisDEX, IDEX, Token Store, Bisq, Nxt Asset Exchange, Counterparty DEX, Burst Asset Exchange, OmniDEX, CryptoDerivatives, Coinpit, AirSwap.io, Fcoin Exchange, Barter DEX, Switcheo Network, DDEX and Ethermium.

There are many reasons to why decentralized exchanges are getting more popular. The list includes, but is not limited to:

  • Decentralized exchanges do not require a third party to store your funds, instead, you are always directly in control of your coins and you conduct transactions directly with whoever wants to buy or sell your coins.
  • Decentralized exchanges normally do not require you to give out personal information. This makes it possible to create an account and right away be able to start trading.
  • Decentralized exchanges’ servers are distributed across the globe leading to a lower risk of server downtime.
  • Decentralized exchanges are essentially immune to hacker attacks

DEx.top does not explicitly state that US-investors are prohibited from trading. Accordingly, we do believe that US-investors can trade here. Any US-investors interested in trading here should in any event form their own opinion on any issues arising from their citizenship or residency.

DEx.top Fees

DEx.top Trading fees

Every trade occurs between two parties: the maker, whose order exists on the order book prior to the trade, and the taker, who places the order that matches (or “takes”) the maker’s order. We call makers “makers” because their orders make the liquidity in a market. Takers are the ones who remove this liquidity by matching makers’ orders with their own.

DEx.top charges takers 0.20% , and makers 0.10%. Accordingly, they provide a 50% discount to the makers, as a way of promoting liquidity on the exchange. As the global industry average trading fees are roughly 0.25%, DEx.top have quite competitive trading fees.

DEx.top Withdrawal fees

Also, DEx.top does not charge any withdrawal fees at all for withdrawing BTC. This is a very strong competitive edge in the market (less than 10% of all cryptocurrency exchanges in our Cryptocurrency Exchange List do not charge any withdrawal fees at all).

Deposit Methods

DEx.top does not accept any deposits of fiat currency. This means that new cryptocurrency investors (i.e., investors without any previous holdings of cryptocurrencies) can’t trade here. In order to purchase your first cryptocurrencies, you need a so called entry-level exchange, which is an exchange accepting deposits of fiat currency. Find one by using our Exchange Finder!

Security

Our security score is the result of testing the webpage of each exchange at Observatory by Mozilla (https://observatory.mozilla.org/) which has helped over 125,000 websites by teaching developers, system administrators, and security professionals how configure their sites safely and securely.

DEx.top received a C score. This is a good security score, but there is also room for improvement as the scale goes from F to A+.

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If you have concluded that this is the exchange for you, congratulations! Go for it. But if not, find the best cryptocurrency exchange site for you by using our revolutionary matching tool.

Good luck!

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