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Polyx.net Crypto Exchange Review: It Is Good Or Bad?

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

Launched in Nov 2018, Polyx.net is a centralized exchange based in Estonia. It supports USD, EUR, and RUB fiat pairs. Polyx Exchange is a cryptocurrency exchange registered in Estonia that launched in November 2018. They support trading in the following cryptocurrencies: BTC, ETH, XRP, USDT, EOS and LTC.

The exchange is rated “A+” which means “Excellent.” Out of 447 exchanges, they are ranked #41 by transparency and volume. Polyx Crypto Exchange accounts for <1% total volume in the cryptosphere indexed by us. They’ve executed 17,008 trades over the last day, which accounts for <1% of trades indexed by our platform. They allow trading with the following fiat currencies: EUR, RUB, and USD.

Polyx Exchange Basic Points

Exchange NamePolyx
Withdraw Fees0.0004
LanguageEnglish
Fiat DepositYes
Deposit FeesFree. Small deposit fees apply.
Easy To Use Yes
Security High
Make Fee0.10%
Taker Fee0.10%
Support24/7
Customer Support Available At Ticket & Live Chat
Official SiteHomepage

How To Start ?

How To Sign Up At Polyx Exchange?

bitfinex sign up button

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

Polyx Exchange Trading fees

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. Normally, exchanges distinguishes between takers and makers. Takers are the one who “take” an existing order from the order book. Makers are the ones who add orders to the order book, thereby making liquidity at the platform.

Polyx Exchange doesn’t care about whether you are a taker or a maker, you pay the same fee regardless: 0.10%. Fees like this are normally referred to as “flat fees”. 0.10% is in line with, or even slightly below, the global industry averages for centralized exchanges. Industry averages have historically been around 0.20-0.25% but we now see new industry averages emerging around 0.10%-0.15%.

MAKERTAKERTRADE VOLUME
0.1 %0.1 %≤ 100 BTC
0.1 %0.1 %≥ 100 BTC
0.1 %0.1 %≥ 500 BTC
0.1 %0.1 %≥ 1000 BTC
0.1 %0.1 %≥ 5000 BTC
Deposit and withdrawal fees
CURRENCYDEPOSIT FEEWITHDRAWAL FEEMIN DEPOSITWITHDRAWAL LIMITS
EUR
AdvCash1%1%50 EUR5-500 EUR
Visa/MasterCard–2.5%+5EUR50 EUR–
Payeer0.95%0.95-4%50 EUR5-500 EUR
SEPA–0%50 EUR–
USD
AdvCash1%1%50 USD5-500 USD
Visa/MasterCard––––
Payeer0.95%0.95-4%50 USD5-500 USD
SEPA––––
RUB
AdvCash1%1%2000 RUB200-10000 RUB
Visa/MasterCard––––
Payeer0.95%0.95-4%2000 RUB10-10000 RUB
SEPA––––
Cryptocurrencies
BTC0 %0.0004 BTC0.0001 BTC0.001 – 8 BTC
ETH0 %0.01 ETH0.003 ETH0.1 – 20 ETH
USDT0 %1 USDT50 USDT5 – 110 000 USDT
BCH0 %0.005 BCH0.001 BCH0.05 – 10 BCH
LTC0 %0.01 LTC0.001 LTC0.2 – 30 LTC
REP0 %0.1 REP0.5 REP1 – 500 REP
Order limits
CURRENCYMIN AMOUNTMAX AMOUNT
BTC0.0003 BTC10 BTC
ETH0.01 ETH15 ETH
USDT1 USDT110 000 USDT
BCH0.01 BCH10 BCH
LTC0.04 LTC30 LTC
REP0.05999999 REP100 REP
USD0.5 USD110 000 USD
EUR0.4 EUR80 000 EUR

Polyx Exchange — buy, sell, accept and store cryptocurrency, such as Bitcoin, Ethereum and much more

Polyx is a platform that makes it easy to work with cryptocurrencies: a secure wallet for storage, an exchange for trading and services for merchants who accept payments in cryptocurrency. Cryptoexchange Polyx is equipped with modern technologies that allow the exchange of crypto assets in the most productive way.

Digital currency transactions can be easy and affordable for everyone. Buy and sell Bitcoins (BTC), Ethereum (ETH), Ripple (XRP), Tether (USDT), EOS, Litecoin (LTC).

Advantages

24/7 Support

Instant, friendly and always ready to help.

Operating speed

Maximum processing speed of your transactions.

Secure wallets

Keep your digital assets in user wallets.

Payment Options

Use Visa or MasterCard to deposit to an account

Tags: Polyx.net CryptoPolyx.net Crypto ExchangePolyx.net Crypto Exchange 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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