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DragonEX

4 from 2 votes
Singapore

Fees

Taker fee

0.2%

Maker fee

0.2%

Withdrawal fee

0.001

Funding methods

Wire transfer

Credit card

Other crypto

US investors permitted


DragonEX 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 DragonEX consists of four parts: general information, fees, deposit methods and security.

General Information

DragonEX is a cryptocurrency exchange based in Singapore. Singapore is one of Asia’s biggest birth givers to cryptocurrency exchanges. There are SO many. If we would mention only one of them (gun to our head), it would be Coinut that has received a lot of praise from the crypto community lately.

Based on the information presented on this exchange’s website, 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.

This exchange has a solid number of cryptocurrency trading pairs, but its most traded trading pair is the BTC/USDT trading pair.

DragonEX Fees

DragonEX Trading fees

This coin exchange from Singapore has what we call a “flat fee model”. Exchanges that have a flat fee model charge all parties in a transaction (i.e. both two parties) the same fee. In DragonEX’s case, such fee is 0.20%. 0.20% is slightly below the global industry average.

It should be noted 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.

DragonEX Withdrawal fees

The exchange charges a withdrawal fee amounting to 0.001 BTC when you withdraw BTC. This is in line with industry average.

Deposit Methods

If you need to deposit funds to your cryptocurrency exchange by use of your credit card, then this exchange is not the place for you. But don’t despair, there are many exchanges out there accepting fiat currency deposits through credit card payments. Find one by using our Exchange Finder!

DragonEX does however support wire transfer deposits.

Security

DragonEX’s security score is B-, when performing the test at Observatory by Mozilla (https://observatory.mozilla.org/). This is far above average when it comes to top crypto exchanges and a strong competitive advantage for this exchange.

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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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