Verified OGs:
9
CryptoFam:
217
Projects:
26195
BTC:
$112,956
0.62%
ETH:
$4,279.88
0.13%
ETH Gas
Low
Avarage
High
Data by Etherscan
Market Cap:
$3.91T
Fear&Greed:
50

Vindax VinDax Coin $VD
$10.441M
OG Score 0
Reviews 0
Vindax Exchange Logo

Vindax Cryptocurrency Exchange

24H volume
$10.441M (92₿)
Markets
30
Foundation
2019
Country
Vietnam
Token
VinDax Coin $VD
Connect

OG Evaluation

OG Score

Reviews 0
OG Score Rank #NA

OGAudit Exchange Evaluation Metrics

Usability 0 .00
Usability Reflects user experience, platform navigation, tool accessibility, and compatibility across devices..
Insurance 0 .00
Insurance Assesses whether user funds are covered by insurance and the credibility of the insurance provider.
Fees 0 .00
Fees Evaluates trading and withdrawal fees, transparency of fee structure, and any available discounts.
Speed 0 .00
Speed Measures deposit and withdrawal speeds, platform responsiveness, and performance under load.
Liquidity 0 .00
Liquidity Indicates order book depth, trade volume, and ability to handle large orders efficiently.
Security 0 .00
Security Examines platform security features, history of breaches, and protection of user funds and data.

Vindax User Reviews

What Crypto OGs are Saying About Vindax

Vindax Markets

Coin Pair Price Change Volume Market Cap OG Score

COMPLAINTS

N/A
To be sent in total
N/A
Resolved
0
Project Score

About Vindax

Website
Socials
Year Established 2019
Country Vietnam
CEO Nam Nguyen Michelle Nguyen

What is Vindax?

VinDAX, short for Vin Digital Asset Exchange, is a centralized cryptocurrency exchange launched in March 2019, founded by Nam Nguyen and Michelle Nguyen in Vietnam. Registered in the Seychelles, the platform serves over 1.5 million users globally, offering trading for 115 cryptocurrencies and 186 trading pairs, including Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Ripple (XRP), Binance Coin (BNB), and its native VinDAX Coin (VD). With a 24-hour trading volume of approximately $8.06 million as of September 2024, VinDAX ranks 102nd on BitDegree Exchange Tracker, focusing on crypto-to-crypto trading with high liquidity and low fees. The platform supports multiple devices (iOS, Android, Windows, Mac) and languages, featuring a user-friendly interface with trading bots, analytics, and integrated trade signaling for entries and exits.

VinDAX provides spot trading with limit orders, a Launchpad for Initial Exchange Offerings (IEOs) hosting 54 token sales (e.g., Tracize, up 46.17x from its IEO price), and a proprietary VD token that offers up to 50% trading fee discounts (0.05%–0.08% based on VD holdings). Its mobile app and web platform include a blog, Poloniex Learn-style community hub, and 24/7 support via Telegram and email, with over 45,000 X followers and 24,000 Telegram members. Key features include staking rewards, a referral program, and a multi-tier architecture deployed on 30+ exchanges, ensuring scalability. Recent X posts announce listings like TETHER USD X20 (USDTX) and trading competitions, reflecting active engagement.

Security is a mixed bag: VinDAX employs two-factor authentication (2FA), anti-phishing codes, and cold storage, but a 2019 hack resulted in a $50,000 loss across 23 cryptocurrencies, the seventh major breach that year after Binance and Bitrue. The platform reimbursed users and claims full recovery, but no public proof-of-reserves data exists, raising transparency concerns. Regulatory compliance includes mandatory KYC since October 2021, limiting non-KYC withdrawals to 0.5 BTC daily (vs. 100 BTC for KYC-verified users), aligning with AML laws but lacking oversight from stringent regulators. User reviews are polarized: some praise low fees (0.1% base) and coin variety, while others report liquidity issues, slow support, and high withdrawal fees (e.g., 25 USDT for USDT, 10 XLM vs. 0.01 XLM industry standard). A 2020 X post by @storeum labeled VinDAX a “scam” for alleged non-responsiveness, and Trustpilot shows mixed sentiment, with a Traders Union score of 3.24/10. For altcoin traders outside restricted regions like the U.S. and Canada, VinDAX offers value, but its security history and transparency gaps demand caution.

What are the trading fees on Vindax?

VinDAX uses a flat fee model, charging 0.1% for both makers and takers at the base level, below the industry average of 0.177% (maker) and 0.221% (taker). Fees decrease with VD token holdings: 0.08% (Level 0), 0.07% (Level 1), 0.06% (Level 2), and 0.05% (Level 3). Crypto deposits are free, but withdrawals incur network-specific fees (e.g., 0.0004 BTC for Bitcoin, lower than the 0.000812 BTC industry average; 25 USDT for USDT, higher than the typical 10–15 USDT). Users should verify rates on VinDAX’s fee schedule at vindax.com, as fees may fluctuate due to blockchain conditions.

Does Vindax offer leverage trading?

No, VinDAX does not currently offer leverage trading, margin trading, or futures trading. The platform focuses on spot trading with limit orders and IEO participation, prioritizing simplicity and altcoin variety. Traders seeking leverage should consider alternatives like Poloniex (up to 100x leverage) or BloFin (up to 150x leverage), noting regional restrictions.

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Fees

# Listed Coins 112
# Pairs 183
Spot Trading Fees* 0.10% / 0.10%
Futures Trading Fees* -
Margin Trading
* For the most up-to-date exchange fee information, please visit the official website of the exchange.

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