What is StakeCube?
StakeCube, launched in June 2018 as a staking pool and expanded with an exchange on May 13, 2019, is a centralized cryptocurrency exchange (CEX) and multifaceted crypto ecosystem based in Germany. Serving over 160,000 registered users, the platform supports 73 cryptocurrencies and 176 trading pairs, including Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Dash (DASH), Dogecoin (DOGE), Stablecoins (USDT, USDC, BUSD), and its native StakeCube Coin (SCC), with a 24-hour trading volume of $30,527.36, a 96.99% increase from the previous day, though low compared to giants like Binance. StakeCube’s ecosystem integrates trading, staking, masternode hosting, mining, and unique features like its “Earn” program, which distributes staking rewards even for coins in open orders, making it a versatile platform for crypto enthusiasts.
The exchange offers spot trading with market and limit orders across six main markets (BTC, SCC, BUSD, USDT, USDC, ATLS), supported by a fast-matching engine and a clean, user-friendly interface accessible via web and mobile (iOS, Android). Key features include a staking pool for over 20 coins, shared and private masternode hosting, and a compounding interest system offering ~100% annual ROI for SCC holders. StakeCube also provides web wallets with personal deposit addresses, no deposit fees, and a GamePlace with retro games playable using SCC for jackpots. The SCC token incentivizes users with trading fee discounts, premium memberships, and masternode benefits, though its price has declined 11.1% in the past week to BTC 0.061593, with a market cap of BTC 2.4990 for 16 million circulating tokens.
Security measures include 2FA (e.g., Google Authenticator), cold storage, and IP whitelisting, but StakeCube’s history includes a 2019 hack, with losses not publicly quantified, raising concerns despite claims of recovery. The platform does not disclose proof-of-reserves data. Regulatory compliance is minimal, with no major licenses beyond German registration, and services are unavailable in restricted regions like the U.S., though the platform claims U.S. investors can trade. Recent X posts highlight listings like ADM/USDT ($9,853.73 volume) and community engagement, but negative reviews and a 2023 scam allegation (@storeum) underscore risks. For traders seeking staking and masternode opportunities, StakeCube offers unique features, but its security history, low volume, and transparency gaps demand caution.
What are the trading fees on StakeCube?
StakeCube charges a flat 0.25% fee for both makers and takers on spot trading, both above the industry average of 0.177% (maker) and 0.221% (taker). SCC token holders may receive discounts, though exact rates are not specified. Crypto deposits are free, with only network fees applied (e.g., 0.0005 BTC for Bitcoin withdrawals, competitive with the 0.000812 BTC industry average). No fiat deposits are accepted, limiting new users to crypto-to-crypto trading. Users should verify rates on StakeCube’s fee schedule at stakecube.net, as blockchain network conditions may affect withdrawal costs.
Does StakeCube offer leverage trading?
No, StakeCube does not currently offer leverage trading, margin trading, or futures trading. The platform focuses on spot trading, staking, and masternode hosting, prioritizing simplicity and passive income over high-risk derivatives. Traders seeking leverage should consider alternatives like BTCC (up to 500x leverage) or Poloniex (up to 100x leverage), noting regional restrictions.
Is there a research audit report for StakeCube?
StakeCube does not publicly disclose comprehensive third-party audit reports or proof-of-reserves data, with exchange reserves listed as unavailable on CoinGecko and CoinMarketCap. While the platform employs 2FA, cold storage, and claims a secure infrastructure, the 2019 hack and lack of transparent reserve audits raise significant concerns about fund safety compared to exchanges like WOO X (live reserve dashboard) or Kinesis Money (biannual bullion audits). Users should approach with caution and monitor StakeCube’s official channels for updates on reserve transparency.
Is StakeCube 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. It's all based on contract code so you can clearly look at what's behind the scenes, and how their contracts work.
Does StakeCube 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 customer support service provided by the centralized crypto exchange by asking a question to the support section on its website.
