Verified OGs
8
CryptoFam
90
Projects
19380
BTC
$87972
0.93%
ETH
$3170.57
-3.06%
ETH Gas
Low
Avarage
High
Data by Etherscan
Market Cap
3.86T
Fear&Greed
80
QMall
Year of Foundation: 2021
Jurisdiction: Lithuania
Founder/CEO: Bogdan Prilepa
Listed Coins:
Derivatives:
Exchange Token:
Reserve Report: No Info

OG Score

Based on 0 OG evaluation

TBA

...
QMall 24h Volume $20.535 M
24h - -6,54 %
7d - -22.97

LINKS

OGAudit Evaluation Points

N/A
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SECURITY

SECURITY

Security is a top priority for a crypto exchance. Does this exchange have advanced security measurements in place? Has this exchange experienced any serious hacks in the past in terms of user data and crypto theft? If so, were the victims adequately compensated? Can you confidently entrust a substential amount of crypto to this exchange?
N/A
LIQUDITY

LIQUDITY

Is there sufficient liquidity in most pairs compared to the other CEX and DEX? Do you encounter unfair price slippage or scam wicks during medium sized trades, if so how often? Is the order book manipulated by bots? Do you experience a seamless trading where limit, market, and stop orders function properly on both spot and derivatives market?
N/A
CUSTOMER SUPPORT

CUSTOMER SUPPORT

Is the FAQ and help page detailed and easy to navigate? How quickly can you connect with a live support agent? Are the agents helpful, competent, and able to provide effective solutions? Are you satisfied with the overall process and outcome?
N/A
RESERVES & AUDITS

RESERVES, AUDIT REPORTS

Does the exchange publish proof of reserves regularly? Are there suspiciously frequent large movements in reserves? Are wallets and direct links provided as on-chain evidence for user discretion? Is the exchange audited by independent organizations, and are the reports published transparently?
N/A
JURISDICTION

JURISDICTION

Does the exchange obtain all necessary permissions from the authorities in its operating country, and are these approval documents shared with users? Is the company headquartered in a major country of law or overseas? Considering these factors, do you believe that the legal regulations of the country can adequately protect you as a user in the event of a serious dispute?
N/A
INSURANCE

INSURANCE

While we are aware that no online platform is 100% secure, including centralized exchanges, does the exchange have insurance funds ready to deploy in case of a crypto hack?
N/A
FEES & COMISSIONS

FEES / COMISSIONS

Are the actual fees and commissions as low as advertised? This includes spot and futures trading fees, deposit/withdrawal fees, margin borrowing commissions, and other product and service costs. Compare them with fees on other exchanges.
N/A
SCAM PROOF

SCAM PROOF

Do you believe they carefully evaluate projects before listing them? Do they provide comprehensive information, including project links and tokenomics, for users to DYOR easily? Are there clear warnings about high-risk, volatile crypto? Have there been instances of projects being rug-pulled after listing or being delisted for arbitrary reasons? The frequent occurrence of such events is one of the main reasons for the low ratings.
N/A
DEPOSIT & WITHDRAWAL

DEPOSIT & WITHDRAWAL SPEED

Are you satisfied with the deposit and withdrawal limits, as well as the speed of crediting and executing transactions? Have you experienced difficulties withdrawing your funds? Can you withdraw and deposit stablecoins using any of the popular L1/L2 networks, or are the options limited? Additionally, do they provide assistance in recovering tokens if you accidentally deposit them into the wrong contract for a reasonable fee?
N/A
EASY TO USE

EASY TO USE

Considering both mobile and browser app experiences, do you find the exchange's app user-friendly, smooth, and visually appealing? Can you easily access the features you need? Has the exchange ever disappointed you during chaotic times? Can you log in and place buy and sell orders, make withdrawals easily when the market is unusually busy?
N/A
N/A
SECURITY

Security

Security is a top priority for a crypto exchance. Does this exchange have advanced security measurements in place? Has this exchange experienced any serious hacks in the past in terms of user data and crypto theft? If so, were the victims adequately compensated? Can you confidently entrust a substential amount of crypto to this exchange?
N/A
LIQUDITY

LIQUDITY

Is there sufficient liquidity in most pairs compared to the other CEX and DEX? Do you encounter unfair price slippage or scam wicks during medium sized trades, if so how often? Is the order book manipulated by bots? Do you experience a seamless trading where limit, market, and stop orders function properly on both spot and derivatives market?
N/A
CUSTOMER SUPPORT

CUSTOMER SUPPORT

Is the FAQ and help page detailed and easy to navigate? How quickly can you connect with a live support agent? Are the agents helpful, competent, and able to provide effective solutions? Are you satisfied with the overall process and outcome?
N/A
RESERVES, AUDITS

RESERVES, AUDIT REPORTS

Does the exchange publish proof of reserves regularly? Are there suspiciously frequent large movements in reserves? Are wallets and direct links provided as on-chain evidence for user discretion? Is the exchange audited by independent organizations, and are the reports published transparently?
N/A
JURISDICTION

JURISDICTION

Does the exchange obtain all necessary permissions from the authorities in its operating country, and are these approval documents shared with users? Is the company headquartered in a major country of law or overseas? Considering these factors, do you believe that the legal regulations of the country can adequately protect you as a user in the event of a serious dispute?
N/A
INSURANCE

INSURANCE

While we are aware that no online platform is 100% secure, including centralized exchanges, does the exchange have insurance funds ready to deploy in case of a crypto hack?
N/A
FEES & COMISSIONS

FEES & COMISSIONS

Are the actual fees and commissions as low as advertised? This includes spot and futures trading fees, deposit/withdrawal fees, margin borrowing commissions, and other product and service costs. Compare them with fees on other exchanges.
N/A
SCAM PROOF

SCAM PROOF

Do you believe they carefully evaluate projects before listing them? Do they provide comprehensive information, including project links and tokenomics, for users to DYOR easily? Are there clear warnings about high-risk, volatile crypto? Have there been instances of projects being rug-pulled after listing or being delisted for arbitrary reasons? The frequent occurrence of such events is one of the main reasons for the low ratings.
N/A
DEPOSIT & WITHDRAWAL

DEPOSIT & WITHDRAWAL SPEED

Are you satisfied with the deposit and withdrawal limits, as well as the speed of crediting and executing transactions? Have you experienced difficulties withdrawing your funds? Can you withdraw and deposit stablecoins using any of the popular L1/L2 networks, or are the options limited? Additionally, do they provide assistance in recovering tokens if you accidentally deposit them into the wrong contract for a reasonable fee?
N/A
EASY TO USE

EASY TO USE

Considering both mobile and browser app experiences, do you find the exchange's app user-friendly, smooth, and visually appealing? Can you easily access the features you need? Has the exchange ever disappointed you during chaotic times? Can you log in and place buy and sell orders, make withdrawals easily when the market is unusually busy?

OG REVIEWS

Latest OG Reviews
NOT YET EVALUATED

Markets

Coin Pair

About QMall

What is QMall?

The Qmall cryptocurrency exchange offers a unique Peer-to-Peer (P2P) service, allowing users to exchange cryptocurrency for fiat currency and instantly withdraw funds to their bank cards. This service might seem similar to prohibited direct withdrawals, but there are key distinctions that make it a convenient and legally compliant option.

 

What are P2P Payments?

P2P payments, short for peer-to-peer or person-to-person payments, involve direct transactions between users without intermediaries or additional fees. In the context of Qmall, these transactions facilitate the buying or selling of crypto and fiat currency directly between two individuals, with the exchange serving as a platform for the transaction.

 

Functionality of P2P Payments

In P2P transactions, funds withdrawn to a bank card are considered transfers from another user, not direct withdrawals from the exchange. This distinction is crucial as it avoids potential issues with banking regulations. One user receives fiat currency on their card, while the other obtains crypto in their exchange wallet.

 

Advantages of P2P Trading

1. No Intermediaries

P2P trading involves only two participants in the transaction, with the exchange acting solely as the platform. This streamlined process eliminates the need for intermediaries, enhancing efficiency and reducing costs.

 

2. Favorable Exchange Rates

Typically, P2P exchange rates are slightly higher than market rates. This means users can receive a more favorable amount on their card when engaging in P2P transactions compared to traditional methods.

 

3. Speed

Exchanging and withdrawing funds through P2P transactions is known for its speed. On average, the process takes no longer than 15 minutes, providing users with quick access to their funds.

 

4. Cost Savings

With only two participants involved, users avoid paying additional fees to intermediaries or exchangers. Qmall, for example, charges a competitive commission ranging from 0% to 0.05%, resulting in significant cost savings for users.

 

Conclusion

In summary, Qmall's P2P service offers a convenient, cost-effective, and compliant method for exchanging cryptocurrency for fiat currency. By understanding the functionality and advantages of P2P payments, users can make informed decisions while benefiting from the seamless transaction process provided by Qmall.

 

What are the trading fees on QMall?

Taker fee - 0%

Maker fee - 0.05%

Does QMall offer leverage trading?

Qmall does not currently offer margin trading or leverage options.

When was QMall established?

EXCHANGE was founded in .

Where is QMall located?

QMall is based in Lithuania.

What is the volume of QMall?

EXCHANGE has a trading volume of $  in the last 24 hours and $  in the last 7 days.

Is QMall 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.

Which coins can I buy through QMall?

You can buy the following tokens/coins on QMall: 

What are the listed pairs on QMall?

You can trade the following tokens/coins on QMall: 

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.

Updates

FAQ

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