C-Patex is part of the Patex ecosystem and offers spot trading on 25 cryptocurrencies with a 0.2% flat fee. The exchange accepts Credit/Debit Card payments through Volet. It provides referral commissions of up to 25% (70% for user level 10) to its affiliates.
C-Patex; Exchange's Information and Background
Founded in 2014, C-Patex is the first LATAM exchange focused on education and blockchain careers. The exchange is ranked 121 and 223 on CoinMarketCap and CoinGecko, respectively.
Registered in Argentina, Miguel Ange founded the company under the name Crypto Patagonia SA. C-Patex was acquired by EHOLD Group and became a part of the Patex ecosystem, led by CEO Ricardo Da Ros, in July 2022. Key features of C-Patex:
- L2 blockchain as a fork of Optimism
- CPEX utility token
- Central Bank Digital Currencies (CBDCs) tokens issuance
- Staking through the C-Freezer service
C-Patex Key Specifications
The C-Patex ecosystem has developed a wide range of products, including C-Patex crypto exchange, Patex Campus, and the PATEX governance token.
Exchange | C-Patex |
Launch Date | 2014 |
Levels | No |
Trading Fees | 0.2% |
Restricted Countries | Argentina, Bolivia, Colombia, Mexico, Chile, El Salvador, Uruguay, North Korea, Iran, Syria, South Sudan, UAE, USA, Cuba, Ukraine |
Supported Coins | 37 |
Futures Trading | No |
Minimum Deposit | 1 USDT |
Deposit Methods | Crypto, Volet |
Withdrawal Methods | Crypto |
Maximum Leverage | 1:1 |
Minimum Trade Size | 0.001 of the digital asset |
Security Factors | Device Management, Anti-Phishing Code, Bug Bounty Program, Two-Factor Authentication (2FA) |
Services | Spot Market, C-Freezer Staking, Patex Campus, Crypto Wallet, Crypto Cards, Quick Exchange, Quick Buy/Sell |
Customer Support Ways | Email, Ticket, Telegram |
Customer Support Hours | 24/7 |
Fiat Deposit | Yes |
Affiliate Program | Yes |
Orders Execution | Market, Limit |
Native Token | CPEX |
C-Patex Exchange Pros & Cons
While the educational focus on blockchains is promising, the lack of Futures market is a letdown.
Pros | Cons |
User-friendly interface | No user levels and fee reductions |
Educational resources through Patex Campus | No mobile app |
Services like Launchpad and Referral | Limited support channels (no live chat feature) |
Strong partnerships with Chainalysis, LiquidLines, and Promoj | LATAM focus (geo-restrictions) |
C-Patex User Levels
The exchange offers a share of the ecosystem’s revenue through the Specializations program based on experience points (EPs).
Level | Points (EP) | C-Freezer | Launchpad (of allocation) | Commissions (of trading fees) | Referrals (from all referrals) |
1 | 0 | 3% | 0.5% | 25% | 25% |
2 | 5K | 3.5% | 1% | 30% | 30% |
3 | 10K | 4% | 1.5% | 35% | 35% |
4 | 20K | 4.5% | 2% | 40% | 40% |
5 | 40K | 5% | 2.5% | 45% | 45% |
6 | 80K | 5.5% | 3% | 50% | 50% |
7 | 160K | 6% | 3.5% | 55% | 55% |
8 | 320K | 6.5% | 4% | 60% | 60% |
9 | 640K | 7% | 4.5% | 65% | 65% |
10 | 1M | 7.5% | 5% | 70% | 70% |
These incentives cater more to ecosystem engagement than direct trading volume.
C-Patex Exchange Fees and Commissions
As mentioned in this C-Patex review, the exchange doesn’t offer traditional user levels and fee reductions. C-Patex fee structure:
- Spot Trading: 0.2% for makers and takers
- Crypto/Fiat Deposits: Free
- Crypto Withdrawal: Variable based on the digital asset (e.g., BTC: 0.00016666666 and ETH: 0.0032)
Check C-Patex crypto withdrawal fees in the image below.
C-Patex Listed Cryptocurrencies
The exchange has listed 25 Crypto/USDT pairs for the spot market, 37 crypto assets for Quick Exchange, and 2 digital assets (USDT and BTC) for Buy/Sell. Popular listed cryptocurrencies on C-Patex:
- PATEX
- BTC
- ETH
- SOL
- XRP
- ADA
- TRX
- TON
- USDC
- AVAX
- LINK
- BNB
- LTC
While the coverage suits beginner and mid-level traders, it falls short compared to global tier-1 exchanges.
Leveraged Trading on C-Patex
It's important to highlight that C-Patex does not offer leverage options for trading. The platform focuses solely on spot trading, quick exchange, and buy/sell of cryptocurrencies, without the ability to use borrowed funds to increase position sizes.
C-Patex Exchange Sign Up and Verification
To open an account with C-Patex, you must be above 18 and not reside in restricted jurisdictions. You’ll be required to complete a KYC procedure after registration. C-Patex registration:
#1 Visit the Exchange's Website
Navigate to the C-Patex website and click "Create Account".
#2 C-Patex Signup Form
Fill in the registration form with the following information:
- Email address
- Password (containing lower and upper case alphabetical characters, numbers, and special characters)
#3 Email Verification
The exchange sent you an email containing an OTC to verify your email address. Enter the verification code.
#4 C-Patex Verification
Log in to the client dashboard and navigate to the “Verification” menu. Fill in personal information, and provide supporting documents, including:
- Proof of ID: Passport or ID card
- selfie
- Proof of Address: Utility bill or bank statement
Note that daily withdrawal limits vary based on the account KYC level as follows:
New Account | $0 |
Basic Account (Verified) | $500 |
Enhanced Account (Verified + 2FA) | $100,000 |
C-Patex App and Trading Platform
While the exchange claims to develop mobile applications, the links to Google Play and App Store on its official website are invalid.
C-Patex has a web-based trading platform integrated with TradingView charts and tools. It supports four order types, including:
- Limit
- Market
- Stop Limit
- OCO
TradingFinder has developed various TradingView indicators that you can use for free.
The minimum deposit and trading requirements on C-Patex are low and accessible:
- Minimum Deposit: 1 USDT or 0,00000001 BTC
- Minimum Trade Size: 1 USDT or as low as 0.00000001 BTC for certain assets
These thresholds make the platform suitable for micro-traders and beginners.
Is C-Patex Safe?
The exchange has partnered with Chainalysis and CertiK to conduct external ecosystem audits. Other than the security audits, C-Patex has implemented various security features, including:
- Two-factor authentication (2FA) for all accounts
- Wallet address whitelist
- Device management for active sessions
- Cold storage for the majority of client funds
- Complete KYC/AML onboarding process
However, the platform is not regulated by any governmental body and does not participate in investor protection funds, raising concerns for risk-averse users.
Deposit and Withdrawal Methods on C-Patex Exchange
The exchange has partnered with Volet, formerly known as advcash, to provide fiat transactions in Argentine Peso (ARS) via Credit/Debit Cards. It also supports crypto payments.
Note that at the time of writing this C-Patex review, the Crypto buy/Sell service is not functional. Some of the available cryptocurrencies for payment on C-Patex:
- AAVE
- APEPE
- BNB
- BTC
- COMP
- DOGE
- NPT
- SUSHI
Trust Scores
The C-Patex Trustpilot profile indicates a poor performance, with seven comments, of which 86% are negative (1-star).
Most user complaints concern poor customer support, withdrawal issues, account closures, and deposits not showing. Only 14% of C-Patex reviews on Trustpilot are positive (5-star).
Trustpilot | 2.3/5 |
CoinGecko | 5/10 |
C-Patex Features
Let's check the availability of various crypto services, such as yield farming and social trading, on C-Patex:
Staking | Yes |
Yield Farming | No |
Social Trading | No |
Liquidity Pool | No |
Crypto Cards | Yes |
C-Patex Customer Support
The lack of a call center and live chat feature is one of the biggest disadvantages in this C-Patex review. The exchange provides support through Telegram, Email, and Ticket.
- Email: support@c-patex.com
- C-Patex Telegram Portuguese
- C-Patex Telegram Spanish
- C-Patex Telegram Ukrainian
- Ticket: Through the “Support Center”
C-Patex Exchange Investment and Growth Plans
While the platform doesn’t feature any crypto copy trading software, it offers various growth programs, including:
- C-Freezer: Staking opportunities on GLOT (rewards ranging from 3% to 7.5%)
- Contests: Trading competitions with attractive prize pools
- Referral: Earning commissions of up to 25% from invitees down to three levels with monthly payments
C-Patex Restricted Countries
While the exchange primarily focuses on the Latin American market, it provides services in other regions around the world. However, there are certain geo-restrictions due to regulatory requirements.
Note that even some Latin American countries are prohibited. C-Patex is not regulated by any financial authority and lacks Tier-1 licenses. C-Patex red flag countries:
- Argentina
- Bolivia
- Colombia
- Mexico
- Chile
- El Salvador
- Uruguay
- North Korea
- Iran
- Syria
- South Sudan
- United Arab Emirates
- United States of America
- Cuba
- Ukraine (Sevastopol, Crimea, Donetsk, Luhansk)
C-Patex Comparison Table
Let's compare C-Patex features with top exchanges and see where it stands in the crypto world.
Features | C-Patex Exchange | |||
Number of Assets | 37 | 150+ | 1300+ | 700+ |
Maximum Leverage | 1:1 | 1:125 | 1:100 | 1:200 |
Minimum Deposit | 1 USDT | $1 | N/A | 1 USDT |
Spot Maker Fee | 0.2% | 0.02% - 0.1% | 0.005% - 0.1% | 0.0126% - 0.2% |
Spot Taker Fee | 0.2% | 0.04% - 0.1% | 0.015% - 0.1% | 0.0218% - 0.2% |
Mandatory KYC | Yes | Yes | Yes | Yes |
Futures Trading | No | Yes | Yes | Yes |
Mobile Application | Yes | Yes | Yes | Yes |
Fiat Payment | Yes | Yes | Yes | No |
Staking | Yes | Yes | No | Yes |
Copy Trading | No | Yes | Yes | Yes |
Writer's Opinion and Conclusion
C-Patex has listed 37 cryptocurrencies for quick exchange and 2 digital assets (BTC, USDT ERC20, USDT TRC20, and USDT BEP20) for buy /sell.
The daily withdrawal limit for verified 2FA-enabled accounts is $100,000. The exchange has a score of 2.3/5 on Trustpilot.