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Exchange Review
This exchange has been marked as dead or inactive and is either gone or recommended not to use.

USD-X


Exchange Fees

BTC 0.0005 Withdrawal Fee • 0.25% Taker Fee • 0.25% Maker Fee

Deposit Methods

Yes Wire transfer Yes Credit Card

UPDATE 15 July 2021: When trying to access the website of USD-X today, we were unsuccessful. There have been no preceding messages on system maintenance or new websites or anything similar.

Accordingly, we believe that this exchange has closed down and we have marked it as "dead" in our Exchange Graveyard. If the exchange's website would become accessible again and the error is just temporary, we will "revive" it and bring it back to our Exchange List.

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.

USD-X is an American cryptocurrency exchange. There are many American cryptocurrency exchanges. USD-X is hardly among the most popular ones. The group of the most popular ones include exchanges as Coinbase, Bitquick, Gate.io and Paxful.

As USD-X is an American exchange, US-investors are naturally permitted to trade at it.

On its website, the exchange states that it is a “regulated exchange that fully implements AML/KYC (Anti Money Laundering / Know Your Customer) regulations”. In light of this, it seems odd that they have not provided any information on the company behind the exchange, registration number, any license information or anything like that at all.

There are three different KYC-levels at the exchange.

KYC 1 – if you have verified your email: buying/selling not permitted;

KYC 2 – if you have provided your name, address & phone number: buying permitted; and

Finally, KYC 3 – if you have provided your ID card, utility bill, bank account / credit card: both buying and selling is permitted.

Even if you have no problems with reaching the necessary KYC-level to do what you want to do, you should know that this exchange does not offer any crypto-to-crypto trading. All of the cryptocurrencies listed at USD-X can only be traded against the USD.

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 USD-X (when not logged in, so not showing any order boxes):

USD-X Trading View

Now let’s have a look at the fees.

This American cryptocurrency exchange offers a flat trading fee of 0.25%. USD-X does accordingly not distinguish between takers and makers. For investors who prefer to pick-up existing orders from the order book, this might be an attractive trading fee model. 0.25% is also arguably exactly in line with the global industry average.

This trading platform charges a withdrawal fee amounting to 0.0005 BTC when you withdraw BTC. This fee is below the industry average and constitutes a competitive edge against other American cryptocurrency exchanges. For instance, Bittrex charges the double (0.001 BTC). Here’s a list of the withdrawal fees for the other cryptos available for trading at USD-X:

USD-X Withdrawal Fees

Here, you can deposit through both wire transfer and credit cards. This can be helpful especially for newer crypto investors.