Citex Crypto Exchange Review: It Is Good Or Bad?

Citex Crypto Exchange Review: It Is Good Or Bad?

About Citex Crypto Exchange

Citex Crypto Exchange is an exchange registered in South Korea. It has been active since 2018. The exchange proudly demonstrates on its website the institutional investors backing the platform. There are both bigger and smaller investors in the investor collective.

CITEX is a peer-to-peer digital asset trading platform with the aim to open up a digital asset trading platform for full process transfer, payment and transaction of legal currency.  CITEX is committed to providing a safe, efficient and open block chain digital asset trading and hosting platform with trust.”

Citex Crypto Exchange Basic Points

Exchange NameCitex
Withdraw Fee0.0005
Deposit FeesFree
Easy To Use Yes
Security High
Maker Fee0.20%
Taker Fee0.20%
Customer Support Available At Ticket & Live Chat
Official SiteHomepage

How To Start ?

How To Sign Up At Citex Exchange?

bitfinex sign up button

It Is Very Easy To Sign Up At 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 Citex 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 Citex 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.

CITEX Trading fees

Trading fees are naturally very important. Every time you place an order, the exchange charges you a trading fee. The trading fee is normally a percentage of the value of the trade order. At this exchange, they don’t divide between takers and makers. Each party to a transaction pay the same fee: 0.20% of the order value.

0.20% is an acceptable trading fee. Industry average has for a long time been 0.25%, but we are currently seeing a shift towards lower fees. Many exchanges now charge e.g. 0.10% or 0.15% instead. In any event, 0.20% should not be a deterrent factor from opening an account with this exchange.

CITEX Withdrawal fees

Citex Crypto Exchange charges a withdrawal fee amounting to 0.0005 BTC when you withdraw BTC. This is around 40% lower than the industry average, as the industry average is arguably around 0.0008 BTC per BTC-withdrawal.

All in all, the fees charged by Citex are a bit below the global industry averages.

Deposit Methods

CITEX offers wire transfer as a deposit method, but credit cards is not an available deposit method. Accordingly, if you for any reason must use your credit card for deposits, this exchange is not for you. But in that case, you can just use the Exchange Finder to find another exchange suitable for you. Also, wire transfer are only available is you deposit the South Korean currency (KRW).

The World’s Leading Trustworthy Crypto Assets Platform

A Reliable Trading Platform

As Top1 POW trading platforms, they strictly follow industry rules, and our mission is open, transparent, equal and cooperative.

Customer First Support Team

Citex Crypto Exchange will help you select high-quality digital asset projects, 7*24H operation, solve your problem in a second to provide a full range of digital asset trading and management services.

Rich digital asset rescourse

Citex Crypto Exchange provide spots, mining pool and a variety of financial derivatives services for users come from more than 80 countries and regions.

Top Securiety System

Your asset is stored in a multi-signature cold wallet with the top security system and can be deposited and withdrawn with an offline signature.