KickEX is the exchange with the lowest trading fees on the market. It's the fastest-growing exchange with amazing iOS and Android apps available in stores. Buy crypto within a minute, trade without risk! Our Support Team will answer all your questions instantly, in 7 different languages. Simple and user-friendly interface and high-quality KickEX mobile apps make our customers’ trading more comfortable, without bothering themselves with a long search for information.
What is KickEX?
KickEx is a cryptocurrency exchange that has been active since 2018, based in Estonia. In this review, we will explore various aspects of KickEx, including its advantages, liquidity, referral program, trading view, trading fees, withdrawal fees, deposit methods, and its stance on US investors.
KickEx Advantages
KickEx offers cashbacks on all trades and provides a variety of order options, making it appealing to prospective users. However, claims of having the lowest trading fees on the market are disputed, as discussed further in the review.
Liquidity
While KickEx has a decent 24-hour trading volume, it is not on par with industry giants like Binance. As of the last update in December 2021, KickEx's trading volume was $86.9 million compared to Binance's $30 billion.
Referral Program
KickEx features a referral program allowing users to earn commissions from the trading activities of users they refer. The average income per user from the referral program is reported to be $17.03.
KickEx Trading View
Like any other exchange, KickEx provides a trading view where users can analyze price charts, place orders, and view order history. The trading view is an essential component for users engaging in cryptocurrency trading.
KickEx Trading Fees
KickEx charges flat fees of 0.90% for both takers and makers, which is considerably higher than the industry average. Despite claiming to have the lowest trading fees, KickEx's fees are well above the average spot trading fees reported in a recent empirical study.
KickEx Withdrawal Fees
KickEx reportedly does not charge withdrawal fees, except for network fees paid to miners. The network fees are considered below the global industry average for crypto withdrawals.
Deposit Methods and US-investors
KickEx only accepts cryptocurrency deposits. Users without crypto can use exchanges with fiat on-ramps to buy crypto and transfer it to KickEx. US-investors are reportedly permitted on the platform, but caution is advised due to potential regulatory challenges at the state level.
This comprehensive review aims to provide insights into the various aspects of KickEx, helping users make informed decisions about trading on this platform.
What are the trading fees on KickEX?
KickEx charges flat fees of 0.90% for both takers and makers, which is considerably higher than the industry average. Despite claiming to have the lowest trading fees, KickEx's fees are well above the average spot trading fees reported in a recent empirical study.
Does KickEX offer leverage trading?
KickEx does not currently offer margin trading or leverage options.
Is KickEX safe?
While many major CEXes boast stronger firewalls than most governments, history has witnessed numerous instances where exchanges have fallen victim to hacks, resulting in the loss of customer funds. DEXes are generally safer option as you have control over your funds at all times as long as blockchain is up and running. Its all based off contract code so you can clearly look whats behind the scenes, and how their contracts work.
Does have customer support?
Almost all exchanges provide customer support, but the quality, speed and continuity of this service varies from time to time depending on the budget conditions of the companies. We recommend that you experience the support service provided by the stock exchange by asking a question to the support section on its website.
