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Newdex Crypto Exchange Review : It Is Good Or Bad?

Bixer Simond by Bixer Simond
11/02/2023
Newdex Crypto Exchange Review : It Is Good Or Bad?
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About Newdex

Newdex is the world’s largest EOS based Decentralized Exchange, which is developed and operated by Newdex Inc. With free flow of digital assets as mission, continues to explore the “multi-chain and cross-chain” decentralized trading model. Upholding the characteristics of safe, fast and transparent, This is devoted to creating a new-generation digital assets trading platform, opening a new era of decentralized trading. 

Founded on August 8, 2018, Newdex was launched on EOS firstly and has supported EOS side chains such as BOS, TELOS, FIBOS, MEETONE, ENU, WAX and LYNX. It has become the largest EOS based Decentralized Exchange. In August 2019, in addition to running on EOS, It has also launched TRON based Decentralized Exchange united with TRON official, ranking top 5 among TRON based Decentralized Exchanges.

Since then, Newdex has deployed “multi-chain and cross-chain” decentralized trading platform successfully. This is born for decentralized trading, which will explore new form of decentralized trading extensively in the future, energize major blockchains, and strive to become the infrastructure of blockchain industry.

Newdex Exchange Basic Points

Exchange NameNewdex
Withdraw Feesno withdrawal
LanguageEnglish
Fiat DepositYes
Deposit FeesFree. Small deposit fees apply.
Easy To Use Yes
Security High
Maker fee0.2%
Taker fee0.2%
Support24/7
Customer Support Available At Ticket & Live Chat
Official SiteHomepage

How To Start ?

How To Sign Up At Newdex Exchange ?

bitfinex sign up button

It Is Very Easy To Sign Up At Emx 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 Newdex 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 Newdex 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 Newdex Exchange ?

Withdrawing your funds from Emx 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.

How To Verify Id At Newdex ?

You Can Start Trading On Without Going Through The Verification Process, However, In Order To Trade Fiat Currencies For Bitcoin Or To Trade With Stablecoins, Id Verification Is Needed. Depending On The Account Type (Individual Or Corporate), The Exchange Can Require Additional Documents.

Rate standard

The Newdex-EOS service charges are as follows:

  • Recharge: no need to recharge
  • Withdrawal: no withdrawal
  • Maker Trading: 0.2% Transaction Fee
  • Taker Trading: 0.2% Transaction Fee
  •  Professional users (project parties or institutions with monthly transactions of no less than 100,000 EOS) can apply for fee discount via Support: Click here to apply
  • VIP members can enjoy transaction fee discount. Different VIP levels have different discount rates, please check for the details:
    mceclip2.png

The Newdex-TRON service charges are as follows:

  • Recharge: no need to recharge
  • Withdrawal: no withdrawal
  • Maker Trading: 0.2% Transaction Fee
  • Taker Trading: 0.2% Transaction Fee

Newdex Advantages

Data on chain, Open and Transparent

Use blockchain technology to realize that order information can be checked on chain. Relevant transaction data is transparent, tamper-proof and real-time checkable to avoid the internal manipulation of Exchange;

Trustworthy, Highly Secured

Newdex has no access to user’s private key and the users retain full control over their funds, which avoid the risk of asset-stolen, misappropriation of assets, and capital flight, effectively protecting the security of user’s assets;

Convenient Trading, Receiving in Real Time

Trading account is decentralized with no registration, no deposit, no withdrawal and receiving assets in real time upon completion of transactions, providing users with convenient operating experience;

Focus on Liquidity, Various Activities

Newdex Support free flow of various tokens and list tokens in time, so that token assets in user account can be quickly realized; organize various activities to enrich lives of users.

Matching and Settlement on Chain

Deploy smart contract all transaction data on chain open and transparent, tamper-proof and real-time checkable.

Trustworthy, Highly Secured

Self-management of digital assets Newdex has no access to the private key avoid the risks of asset misappropriation and capital flight.

Convenient Trading, Various Activities

No deposit and no withdrawal receive assets in real time upon completion of transactions various activities to enrich lives of users.

Tags: How To Buy NewdexHow To Signup NewdexNewdex Crypto ExchangeNewdex Crypto Review
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 .