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Exchange Review

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Exchange Fees

Bitcoin Logo 0.0005 Withdrawal Fee • 0.20% Taker Fee • 0.20% Maker Fee

Deposit Methods

No Wire transfer No Credit Card

UPDATE 1 March 2021: We have received reports that this exchange defrauds its users. For instance, the exchange approves your verification when starting an account, but as soon as you have deposited funds to the account, the exchange reverses your verification, so that your funds are inaccessible to you and can't be withdrawn. Numerous people have experienced the same issue:

Accordingly, we have marked the exchange as a scam in our database and moved it to our Exchange Graveyard.

To find a reliable exchange where you can start an account, just use our Exchange Filters and we'll help you find the right platform for you. is a Chinese cryptocurrency exchange that launched 2017. The exchange is available both in English and Chinese (the latter being very helpful for Chinese investors).’s main selling factor is their wide selection of trading pairs. You can find most of the new altcoins here. also demonstrates an impressive trading volume. It is almost every day one of the top 20 exchanges with the highest trading volume. The trading volume amounts to approx. USD 100 million on a daily basis. The top 10 trading pairs on in terms of trading volume usually have USDT (Tether) as one part of the pair. So, to summarize the foregoing,’s vast number of trading pairs and its extraordinary liquidity are both very impressive aspects of this exchange.

The trading view at is quite intuitive. You have the classic diagrams in the middle, and current prices and price changes to the left. Buy/sell-boxes are also in the middle (below the diagram) and some order history to the right. We feel that this trading view makes sense and shows the most important information for most cryptocurrency traders: Trading View has also spent a lot of time in adapting its exchange interface to mobile users. The has a lot of users. It looks as follows: Mobile Support offers leveraged trading on its trading platform. This means that you can receive a higher exposure towards a certain cryptocurrency’s price increase or decrease, without having the assets necessary. You do this by “leveraging” your trade, which in simple terms essentially means that you borrow from the exchange to bet more.

For instance, let’s say that you have 10,000 USD on your trading account and bet 100 USD on BTC going long (i.e., increasing in value). You do so with 100x leverage. If BTC then increases in value with 10%, if you had only bet 100 USD, you would have earned 10 USD. As you bet 100 USD with 100x leverage, you have instead earned an additional 1,000 USD (990 USD more than if you had not leveraged your deal). On the other hand, if BTC decreases in value with 10%, you have lost 1,000 USD (990 USD more than if you had not leveraged your deal). So, as you might imagine, the balance between risk and reward in leveraged deals is quite fine-tuned (there are no risk free profits).

This particular trading venue doesn’t charge different fees between takers (normally called a taker fee) and makers (normally called a maker fee). This exchange’s fee model is instead something called a “flat fee model”. The flat trading fee is set at 0.20%. This fee is slightly below the industry average. The industry average is arguably around 0.25%.

Many exchanges have competitive trading fees but then hit you on the way out with their withdrawal fees. Let’s say you have reached your investment goals and you are looking to buy house with bitcoin. In order to buy that house, you need to withdraw the funds. And when doing so, BAM! The exchange can make up for its lost income on the lower trading fees. are fair players in this regard and charges a withdrawal fee amounting to 0.0005 BTC when you withdraw BTC. This is around 40% lower than the industry average, as the industry average is arguably around 0.0008 BTC per BTC-withdrawal. Accordingly, the withdrawal fee charged by this exchange is quite competitive.

The exchange does not accept any other deposit method than cryptocurrencies, so new crypto investors are actually restricted from trading here. If you don’t have any crypto but want to start trading here, you will first have to purchase cryptocurrencies from another exchange and then, as a second step, deposit them here.

This exchange uses both cold storage and hot wallet to store funds. There are options to have 2FA (two-factor authentication). You can also choose to receive SMS-notifications upon certain events.