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Welcome To Wootfi All In One Review Blog > Blog > Exchange > Aidos Market Crypto Exchange Review: It Is Good Or Bad?
Exchange

Aidos Market Crypto Exchange Review: It Is Good Or Bad?

Bixer Simond
11 months Ago Exchange Posted by By Bixer Simond 7 Min Read Add Comment Tags: Aidos Market Aidos Market Crypto Exchange How To Signup Aidos Market
Aidos Market Crypto Exchange Review: It Is Good Or Bad?
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About Aidos Market Crypto Exchange

Aidos Market Crypto Exchange is a platform that specializes in trading Aidos Kuneen (ADK). This coin is an open-source project that focuses on privacy, decentralization and scalability and is only listed on Aidos Market. Aidos Market is the leading cryptocurrency exchange to trade ADK,4CC.

AidosMarket does not explicitly prohibit US-investors from trading on its exchange, but all US-investors should still perform their own analysis of whether their home state imposes any legal obstacles to them trading at any of the top crypto exchanges that could be the best cryptocurrency exchange site for them.

AidosMarket Exchange Basic Points

Exchange NameAidosMarket
Fees0.002 BTC
LanguageEnglish
Fiat DepositYes
Deposit FeesFree. Small deposit fees apply.
Easy To Use Yes
Security High
Make Fee0.18%
Taker Fee2.00‰
Support0.20%
Customer Support Available At Ticket & Live Chat
Official SiteHomepage

How To Start ?

How To Sign Up At AidosMarket Exchange ?

bitfinex sign up button

It Is Very Easy To Sign Up At AidosMarket Exchange . Just Click On Sign Up Button At Website .Fill Registration Form With Correct Details Like Your Email , Phone Number , Password Etc . Once You Fill All Data You Get Verification Link At Your Email . Just Verify Your Link For Successfully Verification.

How To Deposit Fund At AidosMarket Exchange ?

Once your account has been verified, click on the ‘DEPOSIT’ button, which you’ll find at the top right-hand side of the screen. Choose which currency you want to deposit and then you will be provided with the Wallet details that you need to transfer the funds to .

How To Trade At Exchange ?

Once your account is funded, you can then begin day trading at Valr. Click on the ‘TRADING’ button at the top of the screen, and you will be taken to the main trading area. You now need to select the trading pair that you want to trade. Finally, enter the amount that you want to buy, decide whether you want to do a ‘market order’ or ‘limit order’, and then place your trade.

How To Withdraw At AidosMarket Exchange ?

Withdrawing your funds from Swipe is very easy. Go to the “Withdraw” window, select the asset you want to take out and fill all the required fields. Note that you won’t be able to withdraw currencies if you haven’t secured your account with 2FA and/or whitelisted addresses.

AidosMarket Trading fees

The fees at any exchange are very important to consider. Aidos Market Crypto Exchange trading fees for takers are 0.20%. This fee is slightly below the industry average which is around 0.25% and thus constitutes a competitive advantage against the majority of other top crypto exchanges in the market and maybe even makes this exchange the best cryptocurrency exchange site for you. The maker fees are slightly discounted compared to the taker fees and are sitting at 0.18%.

AidosMarket Withdrawal fees

What about withdrawal fees then? Withdrawal fees vary dependent upon which crypto asset you are withdrawing, but they are normally a fixed amout of the relevant crypto asset, and not percentage based as the trading fees. The industry average BTC-withdrawal fee is 0.0006 BTC according to Cryptowisser.com’s empirical studies.

AidosMarket charges 0.001 BTC per BTC-withdrawal. This withdrawal fee is around 60% above industry average and thus not a very competitive fee. It is however not sufficiently high for us to recommend any prospective user to stay away from this exchange. 0.001 BTC per BTC-withdrawal is not a “crazy high” fee and it is not unreasonable to believe that the platform will lower it going further. 

Deposit Methods

Aidos Market Crypto Exchange offers wire transfer as a deposit method, but credit cards are not a permitted deposit method. This might of course be disadvantageous if you would prefer to use your credit card for any reason. However, as AidosMarket accepts deposit of fiat currencies at all, it distinguishes itself from many exchanges that only allows deposits in cryptocurrencies.

How Does Aidos Market Work

1. Registration

demoTo start trading bitcoins on Aidos Market, simply go to the registration page and fill in a brief registration form (5 fields). Then log in with the user name and password that you received in your mail and you are set!

Bitcoin Funding

You can fund your account with Bitcoin by visiting the deposit page and following the instructions. You can also manage and obtain alternative Bitcoin addresses for your account by visiting the bitcoin addresses page. You may only obtain one new address every 1 hour.

Order Entry

At the moment there in one type of an order: LIMIT. This order can be used to enter or exit the market. The order entry ticket is simple yet versatile and will offer up a confirmation screen before it goes to the market. Open orders can then be easily edited or canceled on the open orders page.

Why Choose Aidos Market

A Unique Exchange With a Unique Background

Aidos Market Crypto Exchange do not List coins just to make money, they will list only the ones with potential, unique tech and business plan. They will never ask for money to list coins.

 Security Team

The diverse team includes people with foundations in the world of technology, banking, commodity and currency professionals, as well as experts in data security and intelligence. They are constantly improving platform by analyzing any potential issue from all possible angles to ensure maximum security.

Ultra-Secure Bitcoin Storage

Aidos Market Crypto Exchange take strenuous measures to secure Bitcoin storage above and beyond the industry standard. This includes but is not limited to secure cold storage with multi-sig environment.

Constant Monitoring

Programmatic security is never sufficient without human judgment. For this reason, our technical team maintains constant vigilance, monitoring all movements for any suspicious activity.

Review Overview

3.7
Easy To Use
Multiple Currency Supported
Liquidity
Trading Pair
Fees
Support Service
The Pros
  • Competitive fees
  • Safety
The Cons
  • No fiat currencies
  • Only two coins listed
Visit Exchange Website
Tags: Aidos Market Aidos Market Crypto Exchange How To Signup Aidos Market

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Bixer Simond 22/07/2021
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