Has VinDAX ever been hacked?

Yes, VinDAX experienced a security breach in November 2019, losing approximately $500,000 in cryptocurrencies. The incident highlighted vulnerabilities, though the exchange has since added basic safeguards like 2FA.

What customer support options does VinDAX offer?

VinDAX claims 24/7 support via live chat and Telegram groups. However, users report the live chat is often non-functional. The platform has not responded to negative Trustpilot reviews, raising concerns about reliability.

How does VinDAX compare to Binance or Gate.io?

VinDAX lists fewer assets (680+) than Binance (400+) or Gate.io (2,800+). It lacks futures, leverage, and fiat support, which competitors offer. However, its spot trading fees are competitive, and it provides unique markets like VD.

What is VinDAX’s native token, and what are its uses?

VinDAX Coin (VD) is the platform’s native token. It provides fee discounts (up to 50% reduction at Level 3) and is required for tiered user levels. VD can be traded in its dedicated market (VD/USDT, VD/BTC, etc.).

Can I use VinDAX on mobile devices?

Yes, VinDAX offers mobile apps for iOS and Android, alongside desktop and web platforms. The Android app is available on Google Play, while iOS users must install it via Cydia Impactor.

What are the pros and cons of using VinDAX?

Pros include a wide range of cryptocurrencies (680+), competitive fees (as low as 0.05%), and a mobile-friendly interface. Cons involve no fiat support, limited security features, and lack of advanced trading options like futures or copy trading.

How do I open an account on VinDAX?

To register, visit VinDAX’s website, complete the signup form with an email and password, and log in. Enable 2FA via Google Authenticator. KYC verification requires submitting a passport copy and a selfie with a handwritten note. Users must be at least 18 years old.

Does VinDAX offer leveraged or futures trading?

No, VinDAX focuses solely on spot trading and OTC markets. It does not provide leveraged trading, futures, or margin services, which limits advanced trading strategies compared to competitors like Binance or Gate.io.

What is the minimum trade size on VinDAX?

The minimum trade size on VinDAX is $30. This applies to all markets and trading pairs. There is no minimum deposit requirement, making the platform accessible for small-scale traders.

How do I reduce trading fees on VinDAX?

Holding VinDAX Coin (VD) lowers trading fees. User tiers are based on VD holdings: Level 1 (50,000 VD) reduces fees to 0.09% (non-VD markets) and 0.07% (VD market). Level 3 (200,000+ VD) offers the lowest fees at 0.07% and 0.05%, respectively.

What security measures does VinDAX have in place?

VinDAX implements 2FA (Google Authenticator), anti-phishing codes, and whitelist controls for withdrawals. However, the platform suffered a security breach in November 2019, losing $500,000 in crypto. It lacks advanced measures like proof of reserves or a bug bounty program.

Does VinDAX support fiat deposits or withdrawals?

No, VinDAX does not support fiat currency transactions. The platform exclusively accepts crypto deposits and allows withdrawals only in cryptocurrencies. There are no minimum deposit requirements, but withdrawals incur fees that vary by asset.

What are the trading fees on VinDAX?

Trading fees on VinDAX range from 0.07% to 0.10% for most markets, while the VD market offers lower fees of 0.05% to 0.08%. Fees can be reduced further by holding VinDAX Coin (VD), with discounts applied based on user tier levels (e.g., Level 3 users pay 0.05% for VD market trades).

What cryptocurrencies can I trade on VinDAX?

VinDAX offers over 680 cryptocurrencies, including popular options like BCH, DASH, BNB, DOGE, LTC, XRP, and SOL. These are available across four markets: VD, USDT, ETH, and BTC, with a total of 1,061 trading pairs. The platform regularly updates its listings to include emerging digital assets.

TradingFinder
Exchanges
VinDAX Review 2025

Writer:

Rajesh Sharma

Reviewer:

Davit Kvaratskhelia

Fact checker:

Sinan Aydın

Modified:Jun 10, 2025

VinDAX Review 2025

Company:VinDAX

Headquarter:

Vietnam

Founded:2019

Coins:680

US Accepted:

Max Leverage:1:1

API service4 user levelsBTC withdrawal with no KYC30% Revenue share for VD holders

Investing and trading in financial markets such as the stock exchange, forex, digital currencies in the form of spot or with leverage face a high inherent risk. According to the statistics of all exchanges and brokers, more than 75% of people lose!

About

VinDAX is a centralized crypto exchange based in Vietnam founded by Nam Nguyen. The exchange offers access to a 0.5 BTC withdrawal limit with no KYC verification. The platform has a native token, VinDAX Coin (VD), and provides fee discounts for its holders and a 30% share of the company’s revenue for the top 200 VD holders.

Contact

N/A support@vindax.com

N/A

Rank and Score

Pros and Cons

User Levels

Pros

Wide range of cryptocurrencies and trading pairs

VD token offers trading fee discounts

Competitive trading fees up to 0.10%

User-friendly interface with mobile app support

Cons

Lack of advanced security measures

Limited support channels

Limited advanced services like Futures and Copy trading

No fiat deposits

5 From 5.0

(1)

Rate this post

VinDAX offers 680+ cryptocurrencies in 4 markets, including VD, USDT, ETH, and BTC. Trading fees range from 0.07% to 0.10%, except for the VD market fees, which range from 0.05% to 0.08%. The exchange requires no minimum deposit. However, the minimum trade size is $30.

VinDAX; The Exchange Background

VinDAX has been live since March 2019. It provides seamless cryptocurrency trading across desktop, iOS, and Android platforms. VinDAX key features:

VD, USDT, ETH, and BTC markets
Established in Vietnam
Founded by Nam Nguyen

VinDAX Specifications

To give you a clearer picture of VinDAX's offerings, let's break down its key specifications and see if it has what it takes to be one of the crypto exchanges.

Exchange	VinDAX
Launch Date	2019
Levels	4 Levels
Trading Fees	0.07% - 0.10%
Restricted Countries	N/A
Supported Coins	680+
Futures Trading	No
Minimum Deposit	None
Deposit Methods	Crypto
Withdrawal Methods	Crypto
Maximum Leverage	1:1
Minimum Trade Size	$30
Security Factors	2FA, Anti-Phishing Code, Whitelist
Services	API service, Savings, Token Listing, VinDAX Chain, OTC Market, CEX
Customer Support Ways	Live Chat, Telegram Group
Customer Support Hours	24/7
Fiat Deposit	No
Affiliate Program	Yes
Orders Execution	Market
Native Token	VinDAX Coin (VD)

VinDAX Exchange Pros & Cons

As with any trading platform, VinDAX has its own advantages and drawbacks, including:

Pros	Cons
Wide range of cryptocurrencies and trading pairs	No fiat deposits
VD token offers trading fee discounts	Limited advanced services like Futures and Copy trading
Competitive trading fees up to 0.10%	Limited support channels
User-friendly interface with mobile app support	Lack of advanced security measures

Does VinDAX Offer User Levels?

In this VinDAX review, we would like to mention that the platform offers fee discounts based on VD token holdings in a tiered user level structure.

User Level	VD Holdings
General	>= 0
1	>= 50,000
2	>= 100,000
3	>= 200,000

VinDAX Fees and Commissions

The exchange’s default trading fee is 0.10% for makers and takers, except for the VD market, which incurs a 0.08% fee. However, you can reduce the commissions by holding the platform’s native token, VinDAX Coin (VD).

User Level	VD Market	Other Markets
General	0.08%	0.10%
1	0.07%	0.09%
2	0.06%	0.08%
3	0.05%	0.07%

Available Digital Assets on VinDAX Exchange

The platform offers diverse digital assets and 1061 trading pairs in 4 markets: VD, USDT, ETH, and BTC. The most popular cryptocurrencies available on VinDAX:

BCH
DASH
GMAC
BNB
DOGE
LTC
XLM
XRP
NEO
ONG
ZEC
SOL

VinDAX Digital Assets — A look into the VinDAX’s USDT market

VinDAX Leveraged Trading

One of the biggest letdowns in this VinDAX review is the lack of leveraged trading options. The exchange does not offer Futures or Margin trading services, and its main focus is on Spot trading and the OTC market.

VinDAX Exchange Account Opening and KYC

To open an account on VinDAX, you must be at least 18 years old and complete the KYC procedure.

#1 Access VinDAX & Begin Registration

Visit VinDAX’s official website and click the "Register" button to initiate the signup process.

#2 Complete the Registration Form

Fill in essential details, including a valid email and a secure password, to create your account.

#3 Log In & Enable 2FA

After registration, access your dashboard and activate Google Authenticator for enhanced security.

#4 Start Identity Verification (KYC)

Click "Unverified" near your profile icon and select Personal ID Verification to proceed.

#5 Submit Required Documents

Provide accurate personal details, upload a passport copy, and a selfie with a handwritten note for verification.

VinDAX Application Download

The exchange offers a mobile app for iOS and Android devices, a desktop version, and a WebTrader, allowing users to trade on the go.

VinDAX Android
VinDAX iOS: Use Cydia Impactor to install the application

VinDAX Exchange Security Measures

According to The Block, VinDAX experienced a security breach in November 2019, resulting in a loss of approximately $500,000 in crypto funds.

The track record of security breaches, in addition to the lack of an ongoing bug bounty program and proof of reserves audit, are disappointing aspects of this VinDAX review.

However, the exchange has implemented several security factors to safeguard clients’ accounts, including:

2FA
Anti-Phishing Code
Whitelist

Deposit and Withdrawal Methods

VinDAX doesn’t support fiat payments. The only option for funding and withdrawing from accounts is a crypto transaction. While crypto deposits are free of charge, withdrawal commissions vary based on the asset. Key points about VinDAX payments:

No minimum deposit required
Minimum trade size: $30

VinDAX User Satisfaction

The platform has performed poorly in the eyes of both users and experts. 78% of VinDAX reviews on TrustPilot are negative (1-star and 2-star).

VinDAX Trustpilot	2.3 out of 5 based on 50 comments
CoinGecko	4 out of 10
ScamAdviser	76/100

Only 16% of comments on the exchange’s TP profile are positive (5-star). Moreover, VinDAX hasn’t replied to any of the negative reviews.

VinDAX TrustPilot — A look into the VinDAX profile on TrustPilot

VinDAX Features

Look at the table below for a summary of additional features found on VinDAX:

Features	Availability
Staking	No
Yield Farming	No
Social Trading	No
Liquidity Pool	No
Gift Card	No

How to Reach VinDAX Exchange Support?

The platform claims to provide 24/7 support through various channels, including live chat and Telegram groups. However, the live chat feature on the website is not functional.

Copy Trading and Growth Plans on VinDAX

The exchange offered savings products, including Flexible Savings and Locked Savings, which are unavailable when writing this VinDAX review.

The platform doesn’t offer copy trading services, either. However, it has an API service that provides solutions for Automated trading.

VinDAX Exchange Prohibited Countries

The platform hasn’t disclosed any prohibited jurisdictions on its website. However, likely, it doesn’t provide services in countries like the United States, Iran, and North Korea due to regulatory requirements.

Table of Comparison Between VinDAX and Other Exchanges

This section shows a table that compares VinDAX and the 3 top platforms in the industry:

Parameters	VinDAX Exchange	Binance Exchange	LBank Exchange	Gate.io Exchange
Number of Assets	680+	400+	700+	2800+
Maximum Leverage	1:1	1:125	1:125	1:100
Minimum Deposit	None	$1	Varies by Cryptocurrency	Varies by Payment Method
Spot Maker Fee	0.05% - 0.1%	0.02% - 0.1%	0.02%	From -0.005%
Spot Taker Fee	0.05% - 0.1%	0.04% - 0.1%	0.02%	From 0.025%
Mandatory KYC	Yes	Yes	No	Yes
Futures Trading	No	Yes	Yes	Yes
Mobile Application	Yes	Yes	Yes	Yes
Fiat Payment	No	Yes	Yes	No
Staking	No	Yes	Yes	Yes
Copy Trading	No	Yes	Yes	Yes

Writer's opinion and conclusion

VinDAX provides access to 1061 crypto trading pairs with a 1:1 leverage option. The exchange doesn’t accept fiat payments and it supports crypto deposits with no transaction costs. The platform has a TrustPilot score of 2.3 out of 5.

FAQs

What cryptocurrencies can I trade on VinDAX?: VinDAX offers over 680 cryptocurrencies, including popular options like BCH, DASH, BNB, DOGE, LTC, XRP, and SOL. These are available across four markets: VD, USDT, ETH, and BTC, with a total of 1,061 trading pairs. The platform regularly updates its listings to include emerging digital assets.
What are the trading fees on VinDAX?: Trading fees on VinDAX range from 0.07% to 0.10% for most markets, while the VD market offers lower fees of 0.05% to 0.08%. Fees can be reduced further by holding VinDAX Coin (VD), with discounts applied based on user tier levels (e.g., Level 3 users pay 0.05% for VD market trades).
Does VinDAX support fiat deposits or withdrawals?: No, VinDAX does not support fiat currency transactions. The platform exclusively accepts crypto deposits and allows withdrawals only in cryptocurrencies. There are no minimum deposit requirements, but withdrawals incur fees that vary by asset.
Is VinDAX available in the United States?: VinDAX has not explicitly listed prohibited countries, but it likely restricts access to users in the United States, Iran, and North Korea due to regulatory constraints. Traders should verify their jurisdiction’s eligibility before attempting to register.
What security measures does VinDAX have in place?: VinDAX implements 2FA (Google Authenticator), anti-phishing codes, and whitelist controls for withdrawals. However, the platform suffered a security breach in November 2019, losing $500,000 in crypto. It lacks advanced measures like proof of reserves or a bug bounty program.
How do I reduce trading fees on VinDAX?: Holding VinDAX Coin (VD) lowers trading fees. User tiers are based on VD holdings: Level 1 (50,000 VD) reduces fees to 0.09% (non-VD markets) and 0.07% (VD market). Level 3 (200,000+ VD) offers the lowest fees at 0.07% and 0.05%, respectively.
What is the minimum trade size on VinDAX?: The minimum trade size on VinDAX is $30. This applies to all markets and trading pairs. There is no minimum deposit requirement, making the platform accessible for small-scale traders.
Does VinDAX offer leveraged or futures trading?: No, VinDAX focuses solely on spot trading and OTC markets. It does not provide leveraged trading, futures, or margin services, which limits advanced trading strategies compared to competitors like Binance or Gate.io.
How do I open an account on VinDAX?: To register, visit VinDAX’s website, complete the signup form with an email and password, and log in. Enable 2FA via Google Authenticator. KYC verification requires submitting a passport copy and a selfie with a handwritten note. Users must be at least 18 years old.
What are the pros and cons of using VinDAX?: Pros include a wide range of cryptocurrencies (680+), competitive fees (as low as 0.05%), and a mobile-friendly interface. Cons involve no fiat support, limited security features, and lack of advanced trading options like futures or copy trading.
Can I use VinDAX on mobile devices?: Yes, VinDAX offers mobile apps for iOS and Android, alongside desktop and web platforms. The Android app is available on Google Play, while iOS users must install it via Cydia Impactor.
What is VinDAX’s native token, and what are its uses?: VinDAX Coin (VD) is the platform’s native token. It provides fee discounts (up to 50% reduction at Level 3) and is required for tiered user levels. VD can be traded in its dedicated market (VD/USDT, VD/BTC, etc.).
How does VinDAX compare to Binance or Gate.io?: VinDAX lists fewer assets (680+) than Binance (400+) or Gate.io (2,800+). It lacks futures, leverage, and fiat support, which competitors offer. However, its spot trading fees are competitive, and it provides unique markets like VD.
What customer support options does VinDAX offer?: VinDAX claims 24/7 support via live chat and Telegram groups. However, users report the live chat is often non-functional. The platform has not responded to negative Trustpilot reviews, raising concerns about reliability.
Has VinDAX ever been hacked?: Yes, VinDAX experienced a security breach in November 2019, losing approximately $500,000 in cryptocurrencies. The incident highlighted vulnerabilities, though the exchange has since added basic safeguards like 2FA.