Tidex Crypto Exchange Review: It Is Good Or Bad?

Tidex.com Crypto Exchange Review: It Is Good Or Bad?

About Tidex.com

Tidex.com is an change registered withinside the tropical wonderland of Cayman Islands, released in January 2019. There are some different cryptocurrency exchanges registered right here as well, which includes Shortex, OceanEx, Bgogo, BitMart and QBTC. Tidex is a web cryptocurrency change which operates out of London. Founded in 2017, the Tidex logo is owned and operated through a employer called the Elite Way Development LLP, a Fintech employer.

Tidex gives its customers the possibility to buy cryptocurrency tokens, in addition to to shop for and promote indexed crypto belongings on an change basis. Tidex is a cryptocurrency change that gives clients with the cappotential to alternate dozens of famous tokens throughout 6 markets.

The list includes famous virtual currencies, potential altcoins, in addition to belongings that had been launched primarily based totally at the Waves blockchain. To alternate, customers do now no longer want to verify their identity, which lets in you to keep anonymity whilst accomplishing operations with cryptocurrency.

Tidex Exchange Basic Points

Exchange NameTidex
Daily Withdraw Limt100 BTC
LanguageEnglish
Fiat DepositYes
Deposit FeesFree. Small deposit fees apply.
Easy To Use Yes
Security High
Withdraw FeeBTC 0.001
Trading Fee 0.20%
Support24/7
Customer Support Available At Ticket & Live Chat
Official SiteHomepage

How To Start ?

How To Sign Up At Tidex Exchange ?

bitfinex sign up button

It Is Very Easy To Sign Up At Tidex 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 Tidex 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 Tidex 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 Tidex Exchange ?

Withdrawing your funds from Tidex 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 Tidex?

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.

Tidex 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.

Tidex.com fee for takers is 0.10%. These taker fees are lower than 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%. Regardless of which taker fee you compare against, 0.10% is on the low end.

Tidex Withdrawal fees

The withdrawal fee is 0.0005 BTC per BTC-withdrawal. This fee is a bit below the industry average. The global industry average BTC-withdrawal fee the last time we at Cryptowisser did a full-blown empirical study of it was approx. 0.0008 BTC per BTC-withdrawal. But today, we see more and more exchanges charging 0.0005 BTC per BTC-withdrawal, so one could argue that 0.0005 BTC is starting to become the new industry average.

Deposit Methods

This trading platform does not accept any other deposit method than deposits of cryptocurrencies. This means that new crypto investors can’t trade here. If you don’t have any crypto but still want to start trading at this exchange, you will first have to purchase cryptocurrencies from another exchange and then, as a second step, deposit them here.

Simple multifunctional platform with endless possibilities

Thousands of traders anywhere in the world can get access to a simple way to trade not only Bitcoin and Ethereum but any of other 70+ coins that are currently listed.

Support

Tidex.com exchange supports a simply designed website, as well as a mobile app as shown on its homepage. It is claimed that their customer support is available 24/7, and customer comments on online platforms do not show any particular complaints on the customer service. The website’s homepage does not show any language translation options, however once clicked on “Markets”, four different language options appear on the top bar. These languages include English, Russian, Chinese and French.

Loyalty Program

They are delighted to announce updated loyalty program which will be based on Tidex token.
Tidex token (TDX) is Waves based token which will provide a basis for Tidex discount and loyalty program.

Loyalty token

TDX token is a uniform loyalty token for all Tidex products. Currently users can get trading commission discount when holding the token. On top of that, TDX token is stakable, that is users get paid for holding TDX. Emission of new TDX tokens is carried out through the staking interest payments.

How does affiliate program work?

  1. Choose a promo tool for sharing your referral link:
    1. simply copy your referral link
    2. choose banners to place on your website or blog
  2. Share your referral link or place a banner on your website.
  3. Track statistics and efficiency of the traffic you send.
  4. Get your reward — 25% of TIDEX fee on all trade transactions made by direct (level 1) referred users and 5 % from users referred by users of level 1.
  5. Enjoy unlimited rewards! The more users you refer, the more money you earn.

Why choose TIDEX?

Low fees

Tidex.com Less commissions, more liquidity: 0 % for market makers, 0.1 % for market takers fee.

Security

It is the primary concern, risk management and different internal control measures.

Support center

They will be happy to help you 24/7 with any question.

API

Open API for crossplatform trading.

  • bitcoinBitcoin (BTC) $ 58,556.00
  • ethereumEthereum (ETH) $ 4,668.67
  • binance-coinBinance Coin (BNB) $ 628.98
  • tetherTether (USDT) $ 1.00
  • solanaSolana (SOL) $ 215.54
  • cardanoCardano (ADA) $ 1.61
  • xrpXRP (XRP) $ 1.02
  • polkadotPolkadot (DOT) $ 37.80
  • usd-coinUSD Coin (USDC) $ 1.00
  • dogecoinDogecoin (DOGE) $ 0.222198
  • shiba-inuShiba Inu (SHIB) $ 0.000052
  • avalanche-2Avalanche (AVAX) $ 118.30
  • terra-lunaTerra (LUNA) $ 57.54
  • crypto-com-chainCrypto.com Coin (CRO) $ 0.716842
  • litecoinLitecoin (LTC) $ 215.61
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 58,495.00
  • binance-usdBinance USD (BUSD) $ 1.00
  • matic-networkPolygon (MATIC) $ 1.81
  • chainlinkChainlink (LINK) $ 26.30
  • algorandAlgorand (ALGO) $ 1.84
  • bitcoin-cashBitcoin Cash (BCH) $ 582.14
  • uniswapUniswap (UNI) $ 21.10