A crypto guide must provide reviews of all of the exchanges out there, so that you can find the right one for you. This review of KKEX consists of four parts: general info, fees, deposit methods and security.
KKEX is an exchange registered in the Seychelles that launched in 2017. The company owning the exchange is KKEX Technology Co., Ltd.
Out of the exchanges listed in our Exchange List, only a few others have their registration there (e.g. BitMEX, PrimeXBT, BaseFEX, Remitano, DigiFinex, BitForex, BitMesh and Huobi). However, the crypto market is truly global in its nature and as such the locality of the exchanges doesn’t matter that much to the users.
The KKEX-platform is available in both Chinese and English.
As far as we can tell, US-investors can trade here. But, US-investors should do their own independent assessment of any problems arising from their residency or citizenship. In a worst-case scenario, they may be prohibited by state laws to trade wherever they want to.
KKEX Trading View
Different exchanges have different trading views. And there is no “this overview is the best”-view. You should yourself determine which trading view that suits you the best. What the views normally have in common is that they all show the order book or at least part of the order book, a price chart of the chosen crypto and order history. They normally also have buy and sell-boxes. Before you choose an exchange, try to have a look at the trading view so that you can see that it feels right to you. The below is a picture of the trading view at KKEX:
KKEX Trading fees
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 our Exchange Finder!
We run all the exchange-websites in Mozilla’s Observatory-test (https://observatory.mozilla.org/). 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 in our Exchange List.
Finally, we hope you have enjoyed reading the above review. We also recommend checking out the following exchanges. They are well established in the industry and have also received excellent ratings from the visitors on our site: