Deepcoin Overview
Deepcoin is a centralized exchange (CEX) based in Singapore, providing a comprehensive range of financial services, including spot trading, derivatives, wealth management, and DeFi investments. The platform boasts three major regulatory licenses: the United States NFA, the United States MSB, and the Canadian MSB.
Founder and Leadership:
Founded by Eagle Huang, Deepcoin's CEO brings over a decade of digital experience and previously served as the head of a wealth management company managing assets exceeding $7 billion.
Establishment and Launch:
Deepcoin was officially launched in 2018.
Location Details:
While initially launched in Singapore, Deepcoin's LinkedIn page states its headquarters in Denver, Colorado. Its website, on the other hand, asserts its headquarters in Singapore, with branches in Japan, Canada, South Africa, and other countries.
Restricted Countries:
Residents from specific countries, including Hong Kong (China), Cuba, Iran, North Korea, Crimea, Sudan, Malaysia, Syria, the United States, and others, are restricted from using Deepcoin's services.
Supported Cryptocurrencies:
Deepcoin supports 216 active pairs, including popular ones such as BTC/USDT, ETH/USDT, XRP/USDT, ETH/USD, and LTC/USDT. The platform also facilitates trading with fiat currencies like USD, EUR, and GBP.
Regulatory Licenses:
Deepcoin holds regulatory licenses from key authorities, including the United States FinCEN, Canada FINTRAC, and the United Arab Emirates DMCC Freezone.
Fee Structure:
Deepcoin offers a commission rate of 0.10% for both takers and makers in its Spot trading market. At that time, all spot trading on the exchange was reportedly free.
Leverage and Margin Trading:
Deepcoin supports margin trading with a leverage of up to 125x, providing users with enhanced trading capabilities.
What are the trading fees on Deepcoin?
Deepcoin offers a commission rate of 0.10% for both takers and makers in its Spot trading market. At that time, all spot trading on the exchange was reportedly free.
Does Deepcoin offer leverage trading?
Deepcoin supports margin trading with a leverage of up to 125x, providing users with enhanced trading capabilities.
