What is TradeOgre?
TradeOgre is a centralized cryptocurrency exchange with an undisclosed domicile country. While the lack of information about the team and security measures may raise concerns, visitors are advised to form their own opinion on the legitimacy of the exchange.
Cryptocurrency Support
The platform facilitates trading in 56 different cryptocurrencies, offering a diverse range of options for users.
US-Investors
TradeOgre does not explicitly prohibit US-investors from trading. However, potential traders from the United States should carefully assess any issues related to their citizenship or residency.
Trading View
Different exchanges provide various trading views, and users should choose one that suits their preferences. TradeOgre's trading view typically displays the order book, price chart, and order history, with buy and sell-boxes available for users to execute trades.
Trading Fees
TradeOgre imposes a flat fee of 0.20% on all fulfilled orders, aligning with the industry average. This fee structure is competitive and should not discourage potential traders.
Withdrawal Fees
Unlike some exchanges that surprise users with high withdrawal fees, TradeOgre adopts a "dynamically calculated" approach. Withdrawal fees depend on the technology of the specific coin being withdrawn. As of the last update in October 2021, the BTC withdrawal fee was 0.00005 BTC per transaction, providing a notable advantage.
Deposit Methods
TradeOgre does not accept deposits in fiat currency, such as USD or EUR. Users looking to deposit fiat currencies will need to explore alternative platforms that support such transactions.
What are the trading fees on TradeOgre?
TradeOgre imposes a flat fee of 0.20% on all fulfilled orders, aligning with the industry average. This fee structure is competitive and should not discourage potential traders.
Does TradeOgre offer leverage trading?
TradeOgre does not currently offer margin trading or leverage options.
Is TradeOgre 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.
