qTrade Logo
Exchange Review
This exchange has been flagged as inactive. There are many reasons for being flagged as inactive. We recommend you read the text below to understand why qTrade has received the inactive flag.


Exchange Fees

BTC Withdrawal Fee 0.0005 Taker Fee 0.50% Maker Fee 0.00%

Deposit Methods

No Wire Transfer No Credit Card

UPDATE 16 December 2022: qTrade has, after four years in operation, decided to close down its operations. They announced this on its website and in an email to its users as follows: 

After operating for over 4 years in the crypto space we're officially announcing the shut down of development and operations on qTrade. We're proud of what we've accomplished during that time, supporting dozens of interesting projects, high levels of customer privacy, zero hacks, and learning a ton. 

That said, as the ecosystem has been evolving we've seen fewer and fewer projects in line with the goals of the exchange, and we don't expect this to change in the near future. Additionally, ongoing compliance and operational costs are substantial and with recent current events we expect even higher compliance costs in the future.

Its time for us to move on to other projects. Thank you for allowing us to work with you over the years.

Effective December 31, 2022 we will be removing all markets and disabling deposits on our platform.

Deposit transactions sent to qTrade after December 31, 2022 will not credited to your account.

Please make withdrawals by March 31, 2023.

Withdrawals will be available for at least a year, but after March 31, 2023 they may be manually processed, have substantial delays, additional identification requirements, or fees associated.

Accordingly, we have marked the platform as "dead" in 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.

qTrade is a cryptocurrency exchange from the states (USA), launched in April 2018. 

US-investors are naturally permitted to 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.

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 cryptocurrency 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 ascertain that it feels right to you. The below is a picture of the trading view at qTrade:

qTrade Trading View

The most important lesson to learn when picking a cryptocurrency exchange is that you must always check the fees.

This exchange’s trading fees for takers are 0.50%. This fee is double the industry average. The industry average is arguably around 0.25%. The trading fee for takers is thus not a competitive advantage for qTrade.

However, this exchange does not charge any fees for makers, thereby promoting the liquidity at the exchange. This is a very strong competitive edge in the market and is especially beneficial for the investors not interested in picking up existing orders from the order book but rather prefers to “go fishing” with maker-orders.

Over to the withdrawal fees then. These are also very important to consider. When withdrawing BTC, the exchange charges you 0.0005 BTC. This withdrawal fee is also far below the industry average. Roughly 40% lower to be exact (industry average BTC-withdrawal fee is arguably 0.0008 BTC per BTC-withdrawal).

This coin 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 at qTrade. To find an exchange accepting fiat currency deposits, use our Exchange Finder.