UZX is one of the newcomer exchanges, offering a comprehensive suite of services (Copy Trade, Staking, etc.) for traders categorized in levels from VIP 0 to VIP 12. With a maximum leverage of 125x, traders can get the most out of the Margin Trading on the platform.
Company Information and Regulation Status
While specific regulatory information is not available, the exchange employs cutting-edge security measures to protect users' assets and data:
- Smart Contracts;
- Timelocks;
- Multi-Sig Wallet.
These security measures demonstrate UZX's dedication to safeguarding user funds and maintaining a trustworthy trading environment.
Table of Specifics for UZX
Here is a comprehensive view of what UZX brings to the table:
Exchange | UZX |
Launch Date | 2023 |
Levels | VIP 0 to VIP 12 |
Trading Fees | 0.04%/0.06% for spot |
Restricted Countries | N/A |
Supported Coins | BTC, ETH, TRX, BNB, SHIB, LINK, etc. |
Futures Trading | YES |
Minimum Deposit | N/A |
Deposit Methods | Crypto |
Withdrawal Methods | Crypto |
Maximum Leverage | 125x |
Minimum Trade amount | N/A |
Security Factors | Smart Contracts, Timelocks, Multi-Sig Wallet, 2FA, Cold Storage, SSL Encryption |
Services | Copy Trade, Staking, New token listing |
Customer Support Ways | No |
Customer Support Hours | No |
Fiat Deposit | No |
Affiliate Program | YES |
Orders Execution | Market, Limit |
Native Token | YES |
UZX Exchange offers a unique platform with a wide range of cryptocurrencies and trading pairs.
UZX’s User Levels and Features
UZX employs a tiered VIP system, ranging from VIP0 to VIP12, offering escalating benefits as users progress through the levels. UZX's user level benefits:
- lower fees;
- higher withdrawal limits;
- and exclusive perks.
To get the most out of these features, incentivizing users should increase their trading volume and loyalty to the platform.
Fees and Commissions on the Exchange
UZX offers a competitive fee structure that varies based on VIP levels and trading types:
Level | Maker/ Taker Fees on Spot | Maker/ Taker Fees on USDS-M | Maker/ Taker Fees on COIN-M |
VIP 0 | 0.04%/0.06% | 0.06%/0.06% | 0.06%/0.06% |
VIP 1 | 0.04%/0.06% | 0.054%/0.054% | 0.054%/0.054% |
VIP 2 | 0.04%/0.06% | 0.048%/0.048% | 0.048%/0.048% |
VIP 3 | 0.04%/0.06% | 0.042%/0.042% | 0.042%/0.042% |
VIP 4 | 0.04%/0.06% | 0.036%/0.036% | 0.036%/0.036% |
VIP 5 | 0.04%/0.06% | 0.03%/0.03% | 0.03%/0.03% |
VIP 6 | 0.04%/0.06% | 0.024%/0.024% | 0.024%/0.024% |
VIP 7 | 0.04%/0.06% | 0.021%/0.021% | 0.021%/0.021% |
VIP 8 | 0.04%/0.06% | 0.018%/0.018% | 0.018%/0.018% |
VIP 9 | 0.04%/0.06% | 0.015%/0.015% | 0.015%/0.015% |
VIP 10 | 0.04%/0.06% | 0.012%/0.012% | 0.012%/0.012% |
VIP 11 | 0.04%/0.06% | 0.009%/0.009% | 0.009%/0.009% |
VIP 12 | 0.04%/0.06% | 0.006%/0.006% | 0.006%/0.006% |
Fees decrease as users progress through VIP levels, with VIP12 traders enjoying significantly reduced fees across all trading types. UZX also offers fee discounts for using their native token for fee payments.
Available Coins and Assets
UZX boasts a diverse portfolio of cryptocurrencies and digital assets. UZX tradable assets:
- Major cryptocurrencies: Bitcoin (BTC), Ethereum (ETH), Ripple (XRP);
- Altcoins: Cardano (ADA), Polkadot (DOT), Chainlink (LINK);
- Stablecoins: Tether (USDT), USD Coin (USDC);
- NFT and gaming tokens: Axie Infinity (AXS), Decentraland (MANA);
- Launchpad projects: Exclusive access to new token offerings.
The exchange regularly updates its listings to include promising new projects and maintain a competitive edge in the market.
Futures and Margin Trading on UZX
UZX offers robust futures and margin trading options for experienced traders:
- Leverage: Up to 125x on select trading pairs;
- Contract types: USDⓈ-M (USDT-margined) and COIN-M (coin-margined) futures;
- Liquidation protection: Built-in mechanisms to prevent unnecessary liquidations;
- Real-time risk management tools.
These features allow traders to amplify their potential profits while managing risk effectively. However, it's important to note that leveraged trading carries high-risk and is not suitable for all investors.
Registration and Verification on the Exchange
Getting started on UZX is straightforward. UZX signup process:
- Visit the exchange website and click "Sign Up";
- Enter a valid email address and create a unique password;
- Complete the email verification process;
- Set up 2FA for the account security;
- For basic trading, no further verification is required.
For higher withdrawal limits and advanced features:
- Navigate to the "Verification" section in your account settings;
- Choose the verification level you wish to complete (e.g., Basic or Advanced);
- Provide the required personal information;
- Upload clear photos or scans of your identification documents;
- Wait for the verification team to review your submission (typically 1-3 business days).
UZX Exchange employs a tiered verification system, with higher levels granting access to increased withdrawal limits and additional features.
Security & Safety Measures
The exchange prioritizes the security of user funds and data through multiple layers of protection. UZX safety measures:
- Smart Contracts: Automated, self-executing agreements ensure transparent and secure transactions;
- Timelocks: Implement delay mechanisms for large withdrawals, allowing time for security checks;
- Multi-Signature Wallets: Require multiple approvals for high-value transactions;
- Cold Storage: Majority of user funds stored in offline, secure wallets;
- SSL Encryption: Protects all data transmitted between users and the exchange;
- 2FA: two-factor authenticator to prevent invalid accessibility attempts.
These comprehensive security measures demonstrate UZX's commitment to maintaining a safe trading environment for all users.
Available Payment Methods
Currently, UZX supports only crypto as the only payment method. UZX payment solutions:
- BTC;
- ETH;
- TRX;
- CHZ;
- BNB;
- GAL;
- LINK;
UZX strives to provide multiple options to ensure smooth transactions for all users.
Trust Scores and Evaluations
UZX Exchange is not currently listed on Trustpilot or Coingecko.
We expected the platform to garner attention from various cryptocurrency review sites and communities, but we couldn’t find any reliable score associated with it.
It's important to note that as a relatively new exchange, UZX is still building its reputation in the cryptocurrency community.
Users are encouraged to conduct their own research and start with small amounts when trying out the platform.
Copy Trading Services and Investment Options on UZX Exchange
UZX offers innovative copy trading and investment options for users looking to diversify their crypto portfolio:
- Follow and automatically copy trades from successful traders;
- Customize risk levels and investment amounts;
- Real-time performance tracking of copied traders;
- Easy to start and stop copying at any time.
The exchange also provides investors with a Staking option:
- Earn passive income by staking supported cryptocurrencies;
- Competitive Annual Percentage Yields (APY);
- Regular payout schedules for staking rewards.
These features provide both new and professional users with additional ways to potentially grow their crypto holdings beyond traditional trading.
Writer's opinion and conclusion
UZX Exchange has competitive fees starting from 0.04%/0.06% for spot, emphasizes security measures (Cold wallets, 2FA, Smart Contract) besides its user-friendly interface.
However, the lack of multi-channel customer support specially, Live Chat raises concerns about the fast answers in emergency cases. As a new exchange, it still needs to build a strong reputation.
