DeepCoin is a centralized cryptocurrency exchange founded in 2018. In recent years, it has reached 10 million users from over 30 countries and offers the possibility of trading more than 500 currencies.
Beside these, Deepcoin offers ultra-fast matching engine for instant trade execution and COBO custody with bank-grade security.
Deepcoin Company Information + Regulation
Deepcoin, founded in 2018 under the leadership of Eagle Huang (Also known as Ego Huang), presents a complex picture regarding its regulatory and geographical status. While the company asserts that it holds licenses from the U.S. NFA, U.S. MSB, and Canadian MSB, the clarity of these regulatory claims is limited.
Geographically, the exchange initially launched in Singapore, but its LinkedIn profile lists Denver, Colorado as its headquarters. Contradictorily, its official website cites Singapore as the main base, with branches in Japan, Canada, South Africa, and other global locations.
Beyond regulation, Deepcoin offers attractive features for crypto traders:
- Comprehensive Risk Management Tools
- Split & Merge Position
- K-Line Quick Trading
- Super Spot Trading
- Fast Matching Engine
Summary of Specifics Table
Deepcoin crypto exchange stands out in the crowded cryptocurrency exchange landscape with its focus on derivatives trading and high leverage options. The following table will help you get a better perspective of it:
Exchange | Deepcoin |
Launch Date | 2018 |
Levels | - |
Trading Fees | 0.0% in spot for Maker and Taker |
Supported Coins | 500+ |
Futures Trading | Yes |
Minimum Deposit | $100 |
Deposit Methods | Credit/Debit Card, Cryptocurrency, Bank Transfer |
Withdrawal Methods | Credit/Debit Card, Cryptocurrency, Bank Transfer |
Maximum Leverage | 1:125 |
Minimum Trade amount | Variable based on coin |
Security Factors | Cold Storage, Multi-signature, 2FA, SSL Encryption, Regular Security Audits, Anti-Phishing Measures, IP Whitelisting, Withdrawal Confirmation, Insurance Fund, COBO Custody |
Services | Copy Trading, API Management, Affiliate, Demo Trading |
Customer Support Ways | Live Chat, Email Support, Help Center |
Customer Support Hours | 24/7 |
Fiat Deposit | Yes |
Affiliate Program | Yes |
Orders Execution | Limit Order, Market Order |
Native Token | DC |
Restricted Countries | Hong Kong, Cuba, North Korea, Iran, Sudan, Crimea, Malaysia, Samoa, Northern Mariana Islands, Guam, Syria |
The exchange's native token, DC Coin, adds another layer of functionality, offering lower fees and potential benefits for active traders.
What are Deepcoin Pros and Cons?
Deepcoin offers a unique value proposition in the cryptocurrency exchange market; But what are its pros and cons? Deepcoin Exchange Advantages and Disadvantages:
Pros | Cons |
High leverage (up to 125x) for derivatives trading | Regulatory status not fully clear |
No mandatory KYC for basic trading | Some customer support complaints reported |
Wide range of supported cryptocurrencies (500+) | Limited fiat currency support |
Competitive trading fees | No staking option |
Mobile app available for iOS and Android | - |
Native token (DC Coin) with staking options | - |
Offers both spot and derivatives trading | - |
Partial fiat-crypto support through third-party providers | - |
However, these advantages come with certain caveats. The unclear regulatory status and limited fiat support may deter some users, especially those in jurisdictions with strict cryptocurrency regulations such as US.
Additionally, while the high leverage options can lead to significant gains, they also expose traders to substantial risks, particularly for those new to derivatives trading.
Deepcoin User Levels
Deepcoin operates on a flat account structure — offering the same access to trading features for all users, regardless of experience or volume. There are no account tiers or level-based perks, making the platform straightforward for beginners and non-professional traders.
The minimum deposit is set at $100, with funding options including cryptocurrencies, credit/debit cards, and bank transfers. While identity verification is not required for basic trading, users who wish to unlock advanced tools or increase withdrawal limits may need to complete KYC verification.
What are Fees and Commissions on Deepcoin?
On many exchanges, fees are set based on user levels or trading volume. However, on Deepcoin, the rate is fixed and is as follows:
Specifics | Spot | USDT Perpetual | Inverse Perpetual |
Maker | 0.0% | 0.04% | 0.04% |
Taker | 0.0% | 0.06% | 0.06% |
Beside this table, deposit Fees are free for cryptocurrency deposits. Also, withdrawal Fees vary depending on the asset. For example, withdrawal fee for Bitcoin equals to 0.0005 BTC.
What Coins does Deepcoin Offers?
Deepcoin provides over 500 trading pairs to cater to various trading preferences. Deepcoin Tradable Assets:
- AI: WLD, SHELL, FARTCOIN
- Layer1/Layer 2: BTC, ETH, XRP, SOL, DOGE, FIL
- Deepcoin Native Token: DC Coin
- Meme: Doge Coin (DOGE), Shiba Inu (SHIB)
- DeFi: UNI, LINK, AAVE
- DePIN: IO, BDX, GRASS
- GameFi: B3, NOT, APE, CATI
- Storage: FIL
Does Deepcoin support Futures and Margin Trading?
Deepcoin has established itself as a go-to platform for derivatives trading, offering margin and futures trading. Deepcoin Futures and Margin Features:
- Contract Types: Perpetual USDT contracts and Inverse perpetual contracts (margin in cryptocurrencies)
- Leverage: Up to 125x leverage available
- Risk Management: Liquidation prevention mechanisms
- Trading Interface: Multiple order types (market, limit, stop-loss, take-profit)
- Available Coins: Over 280+ pairs available for derivatives trading
- Funding Rates: Periodic payments between long and short positions
- Cross-Margin Mode: Allows sharing of margin across multiple positions
- Isolated Margin Mode: Limits risk to individual positions
How to Register in Deepcoin? Step-by-Step Guide!
Signing up on Deepcoin, a leading cryptocurrency derivatives exchange, is fast and straightforward. While basic trading doesn’t require full identity verification, completing KYC enables access to advanced features and security tools like AML checks and 3D liveness detection.
#1 Open the Website
Visit the official Deepcoin homepage and click the “Register” button.
#2 Create Login Credentials
Enter your email or mobile number, set a strong password, and verify using the code sent to you.
#3 Optional Identity Verification
To unlock more tools, go to “Account” section and click on “Identity Verification”.
#4 Complete KYC Requirements
Upload and pass the followings to complete account verification:
- ID OCR Scan
- Face Match
- 3D Liveness Check
- Global ID Verification
- AML Monitoring
#5 Fund & Start Trading
After funding your account, you're ready to access Deepcoin’s trading platform.
Platforms and Applications
At its establishment, DeepCoin launched its application so that users could trade in the application and the browser. The platform is available on the web, iOS, and Android. DeepCoin app download links:
Security & Safety Measures
Security is a critical concern for any cryptocurrency exchange, and Deepcoin implements several measures to protect user funds and data:
- Cold Storage: Majority of user funds stored in offline, cold wallets
- Multi-signature: Needed for fund transfers
- Two-Factor Authentication (2FA): Mandatory 2FA for all withdrawals
- SSL Encryption: Protects against man-in-the-middle (MitM) attacks
- Regular Security Audits: Third-party security firms conduct regular audits
- Anti-Phishing Measures: Email confirmation for account changes
- IP Whitelisting: Option to restrict account access to specific IP addresses
- Withdrawal Confirmation: Email confirmation required for all withdrawal requests
- Insurance Fund: Protects users against socialized losses in leveraged trading
- COBO Custody: Secure custody with COBO wallet infrastructure
While Deepcoin implements these security measures, it's important to note that no system is completely impenetrable. Users should always practice good security hygiene, such as using strong, unique passwords and enabling all available security features on their accounts.
Payment Methods
Deepcoin offers various payment methods to accommodate different user preferences and regional requirements:
- Cryptocurrency: Instant crediting of funds (after required confirmations)
- Bank Transfers: Available in some regions
- Credit/Debit Card: Subject to daily and monthly limits
Trust Scores and Evaluations
User reviews and trust scores for Deepcoin are concerning:
- Trustpilot: 2.1 out of 5 stars from 10+ reviews
Deepcoin exchange score in Trustpilot - CoinGecko: 6 out of 10
As scores indicates, there are reports of unresponsive customer support and Concerns about the platform's legitimacy.
Deepcoin Features
What services and features are available on Deepcoin? Deepcoin features:
Feature | Availability |
Staking | No |
Yield Farming | No |
Social Trading | Yes |
Liquidity Pool | Yes |
Gift Card | No |
Deepcoin Exchange Support: Working Hours and Contact Info
Deepcoin claims to offer 24/7 customer support:
- Live Chat: Provided on the website
- Email support: support@deepcoin.com
- Help Center: Available for common user questions
However, user reviews indicate that response times and quality of support may be inconsistent.
Copy Trading Services and Investment Options
Deepcoin offers copy trading features for contracts and spot trading; Deepcoin's Contract Trading platform offers three dynamic modes to elevate your trading experience:
- Copy: Instantly replicate the trades of top-performing traders;
- Lead: Use the Lead feature to let others follow your trades. Earn commissions as your strategies bring profits to followers;
- Strategy: Design and launch your own trading strategies using advanced tools. From manual setups to algorithmic executions, the Strategy tab allows you to monitor, modify, and create high-performance systems.
Beside contracts, “Copy” and “Lead” features are also available on spot trading.
Unfortunately, copy trading is the only way to invest in DeepCoin. This exchange does not support other methods such as staking, yield farming, and loans.
Restricted Countries Full List
Like all crypto exchanges, DeepCoin does not offer its services to all countries of the world. Deepcoin Restricted Countries:
- Hong Kong
- Cuba
- North Korea
- Iran
- Sudan
- Crimea
- Malaysia
- Samoa
- Northern Mariana Islands
- Guam
- Syria
It's crucial for users to check their local regulations before using Deepcoin.
Deepcoin Vs Other Exchanges
What Deepcoin brings to the table compared to other crypto exchanges?
Parameters | Deepcoin Exchange | |||
Number of Assets | 500+ | 700+ | 2800+ | 50+ |
Maximum Leverage | 1:125 | 1:125 | 1:200 | 1:1 |
Minimum Deposit | $100 | Varies by Cryptocurrency | $1 | $10 |
Spot Taker Fee | 0.0% | 0.02% | 0.05% | From 0.04% |
Spot Maker Fee | 0.0% | 0.02% | 0.05% | From 0.05% |
Mandatory KYC | No | No | Yes | No |
Futures Trading | Yes | Yes | Yes | No |
Mobile Application | Yes | Yes | Yes | Yes |
Fiat Payment | Yes | Yes | Yes | Yes |
Staking | No | Yes | Yes | Yes |
Copy Trading | Yes | Yes | Yes | No |
TradingFinder Writer's opinion and conclusion
DeepCoin has significant advantages, such as 125x leverage, copy trading [spot and contracts] and occasional deduction fees bonuses on limited time. On the other hand, they do not offer features such as staking and yield farming.