The relatively young platform established in 2018 by Marilyn Myller. In a short time, the company gained momentum by launching a whole series of opportunities for traders. The intensive development allowed the project to start trading with more than 55 cryptocurrencies. At present, the platform is used by about 150 thousand people.
How does it work
First of all, the user should register on the platform. For creating an account, it is necessary to enter email address, password, time zone and accept the terms of dex trade.
After that, the user will be able to trade spots. There is also opportunity to choose between a market, limit or a stop limit order. The margin and futures trading with leverage, as well as other additional tools are not available now.
The main trading on the dextrade platform is provided by two pairs: BTC/USDT and ETH/USDT.
As for the charges, it is calculated for each user individually depending on the selected stock: a fixed rate + a percentage of the withdrawal amount. The trading fee constitutes about 0.1%-0.2%.
The new cryptocurrency platform has a wide range of useful features. Not for nothing, the company got into the top 50 best platforms. Let’s glance at a brief overview of the main benefits.
- Mobile application
The convenient software allows dextraders to use all the necessary tools. The link can be found on the official website, versions for Android and iOS devices are available now.
- Bonus system
Another attractive opportunity is getting Free Coins. The program includes ZITI, LINK, BR and LHC. To earn coins, you need to share information about the exchange on social networks.
- Trading Tournaments
The platform developers have taken care of additional earnings for traders, making the process even more catching. The principal of work is following: the exchange selects a certain coin, sets a prize pool, and then, based on the trading volume, the winners are determined.
In order to have a full understanding what is dex and whether it is safe, it is necessary to consider the drawbacks of the project. The main one is the little-knowing of platform. Besides, the users point the necessity for verification, lack of other markets and additional trading tools for earning.
UK-based platform only aims to conquer the trading market, many options are still in progress. At the same time, the project is quite easy to use, which attracts not only professionals, but also new traders. In general, the Dex-Trade review is positive. An excellent start and promising development of the company predicts a good future for it in the field of cryptocurrency exchanges.