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
Furthermore, it has had no reported security breaches to date.
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 provides a unique platform featuring a diverse range of cryptocurrencies and trading pairs.
Pros and Cons of UZX
To provide a balanced picture of the exchange, let’s consider both the advantages and disadvantages. UZX pros and cons:
Pros | Cons |
Wide range of cryptocurrencies | No fiat currency support |
Advanced security measures | Limited customer support options |
Competitive fees | Newer exchange, less established reputation |
User-friendly interface | - |
Copy trading and staking options | - |
UZX’s User Levels and Features
UZX, like most of the crypto exchanges, 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 USDT-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 access to the futures market and margin trading options for experienced traders:
- Leverage: Up to 125x on select trading pairs
- Contract types: USDT-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 enable traders to maximize their potential profits at the cost of increased risk.
Registration and Verification on the Exchange
UZX registration is fast and flexible. No document upload is required for the initial sign-up, and email verification is mandatory to activate an account.
#1 Access the UZX Registration Page
Visit the UZX official website and find the "Register" option at the top-right corner. This button initiates your account setup process instantly.
#2 Choose Login Method and Verify Email
Opt for the "Email" tab to begin. First, submit a valid email address and request the 6-digit verification code.
Then, set your password and agree to the terms and conditions. The code remains valid for 30 minutes.
#3 Log in to Your Trading Account
After successful sign-up, go to the Login section. Use your registered email and password, or switch to "Anonymous" mode and paste your private key to enter without credentials.
#4 Complete the KYC Process
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).
Available Platforms and Applications
UZX offers a user-friendly mobile app and WebTrader with access to TradingView indicators and charts that suit different trading preferences:
Platform | Features |
Web Platform | Feature-rich, browser-based trading interface, Advanced charting tools with multiple timeframes, Customizable layout for a personalized trading experience |
Mobile App (iOS and Android) | User-friendly interface for on-the-go trading, |
All platforms, including UZX Android, UZX iOS, and the WebTrader, sync seamlessly, allowing users to switch between devices without losing their settings or trading history.
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 payment method, meaning fiat payment options are not supported. 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.
UZX Features
Here's a summary of the exchange's most notable additional features:
Staking | Yes |
Yield Farming | No |
Social Trading | Yes |
Launchpool | No |
Crypto Cards | No |
Support Team and Working Hours
Unfortunately, UZX doesn’t provide multi-channel customer service. Instead, the exchange relies on email support through which traders can contact the company.
It is so usual for a reliable exchange to set contact channels like:
- Live Chat
- Phone call
- Ticket system
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.
List of Restricted Countries
UZX does not publicly specify a comprehensive list of restricted countries. However, it's common for cryptocurrency exchanges to restrict access from certain jurisdictions due to regulatory requirements.
Users are advised to check the exchange's terms of service or contact customer support for the most up-to-date information regarding country restrictions.
Typically, restrictions may apply to countries subject to international sanctions or those with strict regulations on cryptocurrency trading.
Comparison with Other Exchanges
The table in this section compares UZX with the 3 top exchanges in the cryptocurrency industry:
Features | UZX Exchange | HTX Exchange | OKX Exchange | Gate.io Exchange |
Number of Assets | 150+ | 700+ | 7800+ | 2800+ |
Maximum Leverage | 125x | 1:200 | 1:12 | 1:100 |
Minimum Deposit | N/A | $1 | N/A | Varies by Payment Method |
Spot Maker Fee | 0.04% | From 0.02% | -0.01% - 0.14% | From -0.005% |
Spot Taker Fee | 0.06% | From 0.02% | 0.03% - 0.23% | From 0.025% |
Mandatory KYC | Yes | Yes | Yes | Yes |
Futures Trading | Yes | Yes | Yes | Yes |
Mobile Application | Yes | Yes | Yes | Yes |
Fiat Payment | No | No | Yes | No |
Staking | Yes | Yes | Yes | Yes |
Copy Trading | Yes | Yes | Yes | Yes |
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.