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Ecxx Crypto Exchange Review: It Is Good Or Bad?

Bixer Simond by Bixer Simond
27/03/2024
Ecxx Crypto Exchange Review: It Is Good Or Bad?
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About Ecxx

Ecxx is a centralized exchange based in Singapore which started in March 2019. The is reportedly the only exchange in Singapore that has been granted access to the national identity database called MyInfo. ECXX’s goal is to be a fully regulated licensed exchange in Singapore.

Ecxx.com is a digital asset exchange platform designed for both professional traders and retail investors. The platform allows users to buy, sell, and store digital assets. By running on its own in-house proprietary system, his is able to run a perfect ecosystem with high-liquidity.

With its vision to be the World”s Leading Digital Asset Exchange, the group aims to deliver trustable and secured digital asset trading services. ecxx.com ensures discretion by protecting client assets with a world-class multi-layer security system.

Ecxx Exchange Basic Points

Exchange NameEcxx
Withdraw Fee 0.0004
LanguageEnglish
Fiat DepositYes
Deposit FeesFree. Small deposit fees apply.
Easy To Use Yes
Security High
Taker Fee0.10%
Maker Fee0.10%
Support24/7
Customer Support Available At Ticket & Live Chat
Official SiteHomepage

How To Start ?

How To Sign Up At Crypto Exchange ?

bitfinex sign up button

It Is Very Easy To Sign Up At Ecxx 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 Ecxx 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 Ecxx 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.

ECXX 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 here: 0.10% of the order value.

0.10% is quite in line with the new global industry averages.

Industry average has for a long time been 0.25%, but they are currently seeing a shift towards lower fees. Many exchanges now charge e.g. 0.10% or 0.15% instead, just like.

ECXX Withdrawal fees

Ecxx Crypto Exchange charges a withdrawal fee amounting to 0.0004 BTC when you withdraw BTC. This is far below the global industry average BTC-withdrawal fee, being 0.000812 BTC. So ECXX’s fees are roughly 50% lower than the industry average.

All in all, both the trading fees and withdrawal fees at ECXX are below the industry averages, which is great.

Deposit Methods

ECXX does not accept any other deposit method than cryptos, so new investors are restricted from trading at. If you are a new crypto investor and you wish to start trading here, you will have to purchase cryptos from another exchange first and then deposit them at this exchange

Create your digital assets portfolio today

Fort-Knox Security

X509 SSL HTTPS certificate and 2 factor authentication with IP binding features enables ease of minds. Multi-signature wallet automatically backs up assets with withdrawal limit imposition.

High-speed Matching Engine

Bespoke matching engine built from ground up. Rigorously and constantly load tested to ensure high availability and throughput, your orders will be matched in our order books soonest possible, reducing latency issues.

Fast Deposit and Withdrawal

Ecxx Crypto Exchange Quick deposits made possible by 24/7 transaction monitoring engine. Processing of withdrawals will be initiated as soon as possible.

100% Reserves

All your digital asset on will be 100% reserved and won’t be used anywhere else. Your withdrawals will be 100% processed in time.

Mobile Support

Most people do their crypto trading on their desktops. But there are people who prefer to do it on their cell phones instead. If you are one of those people, you’ll be happy to know that ECXX is also available as an app for your phone. At least if you have an Android phone. We’re not sure if the development of the platform for iPhones is in progress or not, so we’ll have to wait and see.

ECXX Security

Ecxx Crypto Exchange exchange clearly promotes their security features on its website. Things like X509 SSL HTTPS certificate, 2FA, IP-binding features, multi-sig system and a high percentage of assets in cold storage, are enabled to make the users of the platform sleep better at night.

Tags: Ecxx Crypto ExchangeEcxx Crypto Exchange ReviewHow It Work Ecxx Crypto Exchange
Bixer Simond

Bixer Simond

Bixer Is Long Term Writer & Editor At Woodfi . His Hobby Is Writing Article For Wootfi Visitors . His Main Focus Area Is Crypto , Affiliate , Blockchain , NEFT , ICO . In Free Time He Loves To Research New Things

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All content on Wootfi.com is provided solely for informational purposes, and is not an offer to buy or sell or a solicitation of an offer to buy or sell any security, product, service or investment. The opinions expressed in this Site do not constitute investment advice and independent financial advice should be sought where appropriate. For More Details Contact Us At - support@wootfi.com .