Dex-Trade offers 370+ cryptocurrencies for Spot trading and Quick Exchange. The exchange supports fiat deposits via GloboPay with a minimum of 25 USDT.
It offers Staking opportunities on CCFI (5% APR), RUUF (80% APR), AGTI (20% APR), and three more digital assets.
Dex-Trade; An Introduction to the Exchange
Dex-Trade is a cryptocurrency exchange that emerged in 2017. Located in Belize City, it has over 630K registered users from 50+ countries.
The company has 100+ employees across 5 countries. Its user base experienced an 890% increase in 2024. Key features of Dex-Trade:
- 24/7 support
- 370+ cryptocurrencies
- $116M daily trading volume
- Launchpad and demo trading
Despite the wide range of services, traders must note that at the time of writing this Dex-Trade review, the company is not regulated by any financial authority.
Dex-Trade Exchange Table of Specifications
The crypto exchange offers various products, including Crypto Wallet, Staking, IEO, and Quick Exchange. Let's take a closer look at the key specifications of Dex-Trade:
Exchange | Dex-Trade |
Launch Date | 2017 |
Levels | VIP 0 - VIP 4 |
Trading Fees | Limit Orders 0.1% Market Orders 0.2% |
Restricted Countries | Russian Federation and Crimea, United States of America, Cuba, Iran, Iraq, North Korea, Sudan, Syria, Pakistan, Kazakhstan, European Union |
Supported Coins | 370+ |
Futures Trading | No |
Minimum Deposit | 25 USDT |
Deposit Methods | Crypto, Credit/Debit Cards, Bank Transfers |
Withdrawal Methods | Crypto |
Maximum Leverage | 1:1 |
Minimum Trade Size | Variable based on the coin |
Security Factors | Device Management, Anti-Phishing Code, Bug Bounty Program, Two-Factor Authentication (2FA) |
Services | Spot Market, Staking, IEO, Crypto Wallet, Crypto Buy, NFT Marketplace |
Customer Support Ways | Email, Ticket, Live Chat, Telegram Bot |
Customer Support Hours | 24/7 |
Fiat Deposit | Yes |
Affiliate Program | Yes |
Orders Execution | Market, Limit |
Native Token | DXU |
Dex-Trade Upsides and Downsides
The wide range of digital assets, spot market, and forthcoming margin trading feature are the upsides of this Dex-Trade review.
However, to have a balanced look, we must weigh the exchange’s advantages against its disadvantages.
Pros | Cons |
Low trading fees | Weak regulatory status |
Wide range of cryptocurrencies (370+) | Limited fiat options |
User-friendly interface | No crypto futures contracts |
High liquidity for major pairs | No copy trading or social trading features |
Dex-Trade User Levels
The platform categorizes users in 5 levels, from VIP 0 to VIP 4, offering fee reductions based on DXU Token Balance or Trade Turnover (BTC).
Level | DXU Balance | Trading Volume (BTC) |
VIP 0 | >= 0 | >= 0 |
VIP 1 | >= 10 | >= 0.1 |
VIP 2 | >= 100 | >= 1 |
VIP 3 | >= 1,000 | >= 10 |
VIP 4 | >= 5,000 | >= 30 |
Note: to be eligible for a VIP level, you only need to meet one of the requirements, DXU balance or Trading volume.
Dex-Trade Exchange Fees Explained
The platform implements a Limit/Market fee structure. The default commissions for spot trading are 0.2% for Market orders and 0.1% for Limit orders.
However, Dex-Trade offers reduced fees to VIP customers as follows:
Level | Limit/Market | Limit/Market (using DXU to pay the fees) |
VIP 0 | 0.10%/0.20% | 0.090%/0.180% |
VIP 1 | 0.09%/0.18% | 0.081%/0.162% |
VIP 2 | 0.08%/0.16% | 0.072%/0.144% |
VIP 3 | 0.07%/0.14% | 0.063%/0.126% |
VIP 4 | 0.06%/0.12% | 0.054%/0.108% |
Note: The exchange offers a limited additional discount on the VIP 4 level, reducing the Limit/Market fees to 0.054%/0.108%.
Most crypto deposits are free of charge, except $CWIF (4%), AID (5%), APOLLO (6%), AUX (0.1%), and some other assets that come with a commission.
However, crypto withdrawals incur a 1% charge plus the network fee.
Dex-Trade Digital Assets
The platform has listed over 370 crypto assets, from stablecoins and altcoins to meme coins, in 5 markets: USDT, USDC, BTC, ETH, and TRX. Popular listed digital assets on Dex-Trade:
- Bitcoin (BTC)
- Ethereum (ETH)
- Xrp (XRP)
- Litecoin (LTC)
- Cardano (ADA)
- Polkadot (DOT)
- Chainlink (LINK)
- Uniswap (UNI)
- USD Coin (USDC)
Does Dex-Trade Offer Leverage Options?
At the time of writing this Dex-Trade review, the exchange doesn't offer leveraged trading. However, it plans to introduce a Margin market soon.
Margin trading enables you to trade with a trading capital greater than your original budget.
Dex-Trade Exchange Registration and KYC
The platform allows for deposits, trades, and withdrawals (up to 5 BTC per 24h) without verification.
However, to enable fiat deposits and increase withdrawal limits, you’ll be required to complete the Dex-Trade KYC procedure.
- Visit the exchange’s official website;
- Click “Sign Up”;
- Provide an email address and set a strong password;
- Enter the OTC sent to your email;
- Fill out the personal information form;
- Upload supporting documents, including:
- Proof of ID: Passport or driving license
- Proof of Address: Utility bill or bank statement
- Selfie: Holding the ID document and a paper with handwritten date and “DEX-Trade”
Dex-Trade App and Trading Platform
The exchange has developed a proprietary trading platform in web-based and mobile versions, which offers access to TradingView charts and tools.
The platform features four order types, including Limit, Hidden Limit, Market, and Stop-Limit. TradingFinder has developed a wide range of TradingView indicators that you can access for free.
Dex-Trade Security
The exchange has participated in the HackenProof bug bounty program for white hackers to report safety issues in the ecosystem with rewards of up to $3,000.
Other than bug bounty, the Dex-Trade offers three safety features, including:
- Two-Factor Authentication (2FA): Email or Google Authenticator
- Anti-Phishing Code: A code in Dex-Trade emails to verify their authenticity
- Device Management: A list of active sessions on your account
Dex-Trade Exchange Payment Methods
While the exchange supports fiat deposits, withdrawals are only processed in cryptocurrencies. Dex-Trade uses the GloboPay 3rd party solution for fiat payments. GloboPay accepts the following methods:
- Credit/Debit Cards
- Bank Transfers
The minimum required amount to buy crypto on Dex-Trade is 25 USDT.
Dex-Trade Trust Scores
The exchange has performed excellently in the eyes of customers and experts. There are 283 Dex-Trade reviews on Trustpilot, most of which are positive, praising good support, bonus offerings, and the user-friendly interface.
Trustpilot | 4.2/5 |
CoinGecko | 8/10 |
While 66% of comments on the Dex-Trade Trustpilot profile are 5-star and 4-star, 32% are negative (1-star and 2-star).
User Assistance
Dex-Trade provides 24/7 support through various channels, including email, a live chat feature, a Telegram bot, and a ticket system.
- Email: support@dex-trade.com
- Live Chat: Available on the official website
- Ticket: Through the “Submit a Request” option
- Telegram Bot: https://t.me/dextradecom_bot
Dex-Trade Exchange Investment and Growth Plans
While the exchange doesn’t offer a dedicated crypto copy trading software, it features various growth plans, from staking to tournaments and a bonus center.
- Staking: Available on QTUM (2% APR), DXLM (8% APR), AST (42% APR), CCFI (5% APR), RUUF (80% APR), and AGTI (20% APR)
- Tournaments: Trading competitions with attractive prize pools
- Bonus Center: Rewards for completing various tasks, such as registration (10 DXU), verification (5 DXU), 2FA (5 DXU), and deposit (2 USDT)
Dex-Trade Geo-Restrictions
The company doesn’t serve clients or accept KYC documents from the following countries:
- Russian Federation and Crimea
- United States of America
- Cuba
- Iran
- Iraq
- North Korea
- Sudan
- Syria
- Pakistan
- Kazakhstan
- European Union
Writer's Opinion and Conclusion
Dex-Trade provides access to 400+ crypto trading pairs in 5 markets, including BTC, ETH, TRX, USDT, and USDC.
The default fees for Limit and Marketorders are 0.1% and 0.2%, respectively. The exchange has a score of 4.2/5 on Trustpilot.