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. The crypto exchange provides seamless trading across desktop, iOS, and Android platforms. VinDAX key features:
- VD, USDT, ETH, and BTC markets
- Established in Vietnam
- Founded by Nam Nguyen
VinDAX Exchange CEO
Nam Nguyen is the Co-Founder and Chief Executive Officer of VinDAX Exchange, a Vietnam-based cryptocurrency trading platform established in 2019. With over 15 years of leadership experience, he has driven innovation across blockchain, fintech, and digital trading ecosystems through advanced technology integration and strategic project execution.
- Full Name: Nam Nguyen
- Location: Vietnam
- Positions: CEO & Co-Founder at VinDAX (since 2019), CEO at Vietdax (since 2017), and CEO at ICSC (since 2006)
- Expertise: Project Management, Software & Website Development, ERP, E-commerce, and IT Service Management
- Background: Strong foundation in digital finance, software engineering, and online business transformation
- Leadership Focus: Building secure and scalable blockchain trading environments for global users
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 maker and taker fee is 0.10%, 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:
- Bitcoin
- BCH
- DASH
- GMAC
- BNB
- DOGE
- LTC
- XLM
- XRP
- NEO
- ONG
- ZEC
- SOL
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 markets 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 the platform, you must be at least 18 years old and complete the KYC procedure. VinDAX registration steps:
#1 Access VinDAX & Begin Registration
Visit VinDAX’s official website and click the "Sign Up" button to initiate the registration process.
#2 Complete the Registration Form
Fill in essential details, including a valid email and a secure password, to create your account.
#3 Verify Your Email Address
The platform sends an email containing a verification link. You must click the link to activate your account.
#4 Log In & Enable 2FA
After registration, access your dashboard and activate Google Authenticator for enhanced security.
#5 Start Identity Verification (KYC)
Click "Unverified" near your profile icon and select Personal ID Verification to proceed.
#6 Submit Required Documents
Provide accurate personal details, upload a passport copy, and a selfie with a handwritten note for verification.
How to Trade on VinDAX
VinDAX provides a user-friendly trading interface that allows users to buy and sell cryptocurrencies with real-time data, precise charting tools, and fast order execution. The platform supports BTC/USDT, ETH/USDT, and multiple other pairs with advanced features for both beginners and professionals.
#1 Accessing the Trade Interface
Start by logging into your VinDAX account and navigating to the “Trade” section on the homepage. The dashboard displays live market data, order books, and charts for all major trading pairs.
- Access the main trading page via the “Trade” tab on the top menu;
- View market trends, 24-hour highs/lows, and volume data in real time;
- Use the interactive candlestick chart for technical analysis;
- Monitor open orders and trade history in the lower section of the interface.
#2 Selecting the Trading Pair
VinDAX supports multiple trading pairs across BTC, ETH, USDT, and VD markets. Choosing the correct pair is essential for accurate trade placement.
- Use the “Favorites” tab to filter preferred assets;
- Popular pairs include BTC/USDT, ETH/BTC, and BNB/USDT;
- Check each pair’s 24-hour price change, volume, and trend direction;
- Select your desired pair to update the main chart and order details.
#3 Adjusting Order Details
Once a pair is selected, set your order preferences under the Spot section. VinDAX allows Limit Stop orders for greater flexibility in trading strategies.
- Enter your desired price and amount to buy or sell;
- Review the total cost and estimated fee before confirming;
- Track all open orders, completed trades, and order history in the lower dashboard;
- Minimum order requirement starts at 5 USDT.
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 Trading Volume
According to CoinGecko’s three-month data, VinDAX Exchange maintains a consistent average daily trading volume between $7 million and $12 million, reflecting stable liquidity and user participation across its supported digital assets, including Bitcoin, Ethereum, and major altcoin pairs.
- Average Daily Volume: Ranges between $7M and $12M;
- Peak Activity: Reached above $15 million during early August;
- Stability: Maintains steady volume with minor fluctuations from September to November;
- Market Confidence: Consistent trading activity highlights VinDAX’s reliability among retail and institutional crypto traders;
- Data Source: Verified by CoinGecko, one of the world’s leading crypto analytics platforms.
VinDAX Services
Service | Availability |
TradingView Integration | Yes |
Auto Trading (Bots) | No |
API Access | Yes |
P2P Trading | Yes |
OTC Trading | Yes |
| No | |
Launchpad | Yes |
NFT Marketplace | No |
Referral Program | Yes |
DEX Trading | No |
Auto-Invest (Recurring Buy) | No |
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).
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 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.
