What is ACDX?
ACDX Exchange is a cryptocurrency exchange registered in Hong Kong and has been operational since 2020. The platform supports multiple languages, including Japanese, Mandarin, and English.
Derivatives Trading Focus
ACDX Exchange specializes in derivatives trading, where financial instruments derive their values from specific cryptocurrencies. The platform offers trading options for various cryptocurrencies, including BTC, ETH, ACXT (platform's token), USDT, mUSD, USDC, TUSD, BUSD, PAX, and DGCL.
Leverage Trading
The exchange provides leveraged trading with a maximum leverage level of 100x. However, users should exercise caution, as leveraged trading can lead to substantial returns but also significant losses.
Trading View
ACDX Exchange offers a comprehensive trading view on its platform, allowing users to analyze price charts, place orders, and view order history for cryptocurrencies.
Trading Fees
The platform charges trading fees for each order, with a distinction between takers and makers. Takers pay 0.05%, while makers receive a discount and pay 0.015% per trade. Holding the exchange's token, ACDX Governant Token, can result in additional fee discounts, with the highest discount reaching 30% for users holding USD 500,000 worth of tokens.
Withdrawal Fees
ACDX Exchange imposes a withdrawal fee of 0.0006 BTC per BTC withdrawal, which is slightly below the global industry average.
Deposit Methods and US-Investors
To trade on ACDX Exchange, users must deposit cryptocurrencies, as the platform does not support fiat deposits. However, users without cryptocurrency can acquire it on other exchanges with fiat on-ramps. It's important to note that ACDX Exchange does not allow US investors, adhering to regulatory restrictions, and users from the US need to explore alternative platforms that accept US investors.
What are the trading fees on ACDX?
The platform charges trading fees for each order, with a distinction between takers and makers. Takers pay 0.05%, while makers receive a discount and pay 0.015% per trade. Holding the exchange's token, ACDX Governant Token, can result in additional fee discounts, with the highest discount reaching 30% for users holding USD 500,000 worth of tokens.
Does ACDX offer leverage trading?
The exchange provides leveraged trading with a maximum leverage level of 100x. However, users should exercise caution, as leveraged trading can lead to substantial returns but also significant losses.
Is ACDX 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.
