The crypto derivatives trading platform ‘Margex’ started its humble beginnings in 2019. It can render 100x leverage for all 40+ trading pairs and up to 500x leverage with forex trading pairs. Margex Trading has proven to be a reliable trading platform and provides independent financial advice for beginners. Margex charges low fees, which presents lucrative offerings for crypto trading and makes them stand out from most platforms. The derivatives trading platform Margex has originated the main advantages and unique peculiarity of cryptocurrency derivatives, and Margex offers cryptocurrency derivatives of the Bitcoin exchange.
Key Takeaways
- Margex offers high-leverage trading (100x for crypto, 500x for forex) and low fees (0.060% taker, 0.019% maker).
- Supports over 40 trading pairs, deposits, and withdrawals in various cryptocurrencies without KYC.
- Provides deep liquidity, advanced security, and an intuitive interface for all traders.
- Features 24/7 customer support and a profitable affiliate program.
Margex Summary
| Official Website | https://margex.com/ |
| Headquarters | Seychelles |
| Found in | 2019 |
| Native Token | None |
| Listed Cryptocurrency | BTC, USDT, ETH, XRP, LTC, YFI, EOS, USDC, DAI, & more |
| Trading Pairs | 40+ |
| Supported Fiat Currencies | USD, AUD, NZD, UK, SGD |
| Supported Countries | Australia, New Zealand, UK, & Singapore |
| Minimum Deposit | $10 |
| Deposit Fees | Low |
| Transaction Fees | Taker Fee – 0.060% Maker Fee – 0.019% |
| Withdrawal Fees | Approved Crypto Network Fees |
| Application | Yes |
| Customer Support | 24/7 |
Our Take On Margex Crypto Exchange
Margex is a good choice for trading cryptocurrencies. Since 2019, it has been known for its strong security, easy-to-use interface, and high-leverage trading. Margex has low fees and helpful resources for beginners. Its clear policies and great customer support make it a top option for both new and experienced traders.
Margex Review: Pros and Cons
| Pros | Cons |
| The platform for crypto trading pairs has high-leverage trading and is adaptable to the user’s requirements. | Single withdrawal of crypto funds on a given day. |
| High liquidity trading pairs. | Withdrawals on the trading platform are credited only in Bitcoin crypto assets. |
| The exchange platform rewards price manipulation offers and fast customer support to its users. | The trading platform has a limit of selection opportunities for trading fees. |
| The crypto trading platform’s leverage trading is at 100x leverage. | The crypto platform Margex cannot go to a 5x leverage point. |
Margex Key Features and Services
Margex provides a user-friendly trading platform with handy features and services, making it easier for everyone, whether you’re just starting out or have been trading for a while.
Security and Regulation
Margex security program has a unique quality of AI-customized MP Shield with data encryption features to protect users from financial risks. The platform also eliminates the issues of not recording crypto assets that have liquidity trading pairs induced by price manipulation. There is a wide variety of account security options for a stability program during withdrawals and deposits.
High Leverage
The trading fee platform is skilled in leverage trading, trading algorithms, and grants of 100x leverage margin positions that are privatized. This enhances the user’s profitability levels. Margex is a privatized margin that acquaints the crypto trader with the desired funding fees and liquidation price.
Security From Price Manipulation
Trading pairs with high-leverage trading can be a perilous affair due to its extremely volatile nature. An example is the highly volatile asset class is prone to fluctuate in terms of costs, and the pay value can also be manipulated through low liquidity trading pairs. Margex doesn’t render assets that are illiquid and their privately owned regularities for price manipulation scams. This helps the trading platform control the uniformity of rates, for example, through the assistance of its 12 combined liquidity associates.
KYC Not Required
The website for crypto pairs, Margex, offers an exchange that admits particular cryptocurrency assets for deposits in BTC tokens. Margex does not permit the exchange of fiat currencies, which is a popular factor for many trading platforms. Due to these key features, users don’t have to disclose their identification details to the website.
Equipped for Beginners
The trading website of Margex has an easy-to-use interface for novice crypto traders for informational purposes to start trading immediately. An array of significant reading material like articles, and video guides for trading crypto is rendered to beginners to attain profits.
Deep Liquidity
Margex offers technical indicators for a deep liquidity rate. The liquidity providers of Margex administer multiple liquidity providers, which are more than 12 into a single liquidity provider for a broader order book. This peculiarity warrants crypto traders with the thinnest spreads obtainable in exchange for entry and exit prices.
Trading Platform and Tools: Experience
New users can start their trade with Demo Trading settings to understand the indicators of the website. Different order types are issued to users. In a market order, users can customize the order type while exchanging crypto to receive the profitable price available at that given moment. For the Limit Order, they can check the price movements and position themselves above or below the current price chart. Lastly, in the Conditional Order, investors can customize this order type to lock in perpetual futures of price triggers when they occur during price volatility and start investing.
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As per our Margex review, the important features of Margex are that it grants investors all the trading pairs and competitive trading fees that are more modest than other trading platforms that are successful in crypto exchanges. Presently, Margex offers traders a Maker Fee of 0.019% and a Taker Fee of 0.060% for cryptocurrency exchange tokens like Bitcoin (BTC).
Margex Wallet
The Margex ‘Wallet’ landing page displays the user’s prevailing account specifications. The user, through the wallet, can deposit and withdraw funds instantly. The location of the stored transaction history feature permits tracking more information of their previous exchanges.
Account opening process
- A user requires a legitimate email address and a secure password. After the details are filled in, the user must click the ‘Register Your Account’ button.
- After the sign-up process is complete, a user receives a verification email and is registered onto Margex. Only when the new user of Margex clicks on the link to confirm the verification do they gain admittance to the platform.
Margex offers convenient options for replenishing your account. You have the choice of either depositing cryptocurrency directly into your Margex account or purchasing cryptocurrency using a credit card through trusted partners such as Changelly or ChangeNOW, directly on the Margex platform.
Regarding cryptocurrency deposits, the following crypto assets are currently supported on the Margex platform: BTC, USDT, USDC, USDD, ETH, BUSD, TRX, LTC, BNB, SOL, AVAX, BCH, MATIC, TUSD, XRP, ARB, LINK, DAI, USDP, WBTC, TON, and stETH. Additionally, you can also replenish your balance using peer-to-peer exchanges.
To initiate a withdrawal method on the Margex website, the user has an easy-to-use interface with maximum options to explore. The navigation of the platform is forthright when it comes to withdrawals. With the aid of the investor’s notecase for exchanges needs to authorize the withdrawal button on the trading site and comply with the mentioned directives displayed on the platform. Users who visit the platform can withdraw funds in exchanges like Bitcoin or fiat currencies. These withdrawal methods are important features for users to profit without any compensation to be processed to purchase Bitcoin directly.
Cryptocurrencies Available on Margex Crypto Exchange
The platform is open to prominent fiat currencies in countries such as Australia (AUD), New Zealand (New Zealand Dollar), UK (Pound Sterling), and Singapore (SGD). Popular digital futures coins authorized on Margex are Ethereum (ETH), Bitcoin (BTC), EOS, Litecoin (LTC), Ripple (XRP), and more.
Exchange Commission and Fees
Margex Fees
Competitive Fees are rendered by the Margex platform for cryptocurrency exchanges and market orders. The two mandated trading fees commanded by Margex are done to obtain digital currencies. The Funding Fees imposed by the Margex crypto exchange platform are the interest rendered through the cost of adopting Margex assets for leverage trades. The charges are imposed immediately on the prevailing ratio of Long to Shorts, highlighting the market conditions and volatility. The funding fee by Margex for trading is commanded over the user after every 8-hour interval. When a market position is being closed before the time of funding restrictions, there is an exemption from the funding fees.
Taker Fees
Margex exchange charges Taker Fees during the process of withdrawing liquidity from the user’s order book. It does this through initiating an order book that is the Provisional or through the Market Orders. When administered, these market orders are traded into Stop Market Order or a Stop Loss order.
Maker Fees
The maker fee exchange charged by Margex trade is administered when supplementing liquidity to the order book by assigning a delayed order. The market order that is picked is not paired directly on an order book. The Limit orders are positioned below the current valuation for a Buy Order or positioned on top of the current valuation for a Sell Order. All these qualifications for fee structures also incorporate Take Profit orders. Although check the below table to know maker and taker fee:-
| PAIR | MAKER FEE | TAKER FEE | FUNDING / LONG | FUNDING / SHORT | FUNDING INTERVAL |
|---|---|---|---|---|---|
| BTC/USD | 0.019% | 0.060% | 0.26% | 0.18% | 8 hours |
| ETH/USD | 0.019% | 0.060% | 0.30% | 0.25% | 8 hours |
| EOS/USD | 0.019% | 0.060% | 0.20% | 0.07% | 8 hours |
| LTC/USD | 0.019% | 0.060% | 0.35% | 0.55% | 8 hours |
| XRP/USD | 0.019% | 0.060% | 0.15% | 0.10% | 8 hours |
| YFI/USD | 0.019% | 0.060% | 0.30% | 0.40% | 8 hours |
However, to get a full list of Margex charges then you are advised to check its official site here.|
Affiliate Program
Margex offers traders a profitable affiliate program amongst most trading platforms in the crypto industry. The crypto-founded website renders advanced trading fees that have a 40% cut from the crypto investors’ referrals. With these low trading fees, Margex provides traders with an enhanced referral arrangement which will help them profit instead of rendering high affiliate program settlements on the platform.
Margex Customer Support
The custom build trading platform offers crypto investors various selections to get acquainted with the customer care service. All options to reach out to a customer care representative can be found on the crypto exchange’s Contact Us landing page. The quickest method to get feedback is through the feature of Live Chat Margex offers, where the customer responses are under 10 minutes.
Research and Educational Resources
Margex offers lots of helpful tools and guides. You can use technical indicators and advanced charts to understand the market. There are easy-to-follow guides and video tutorials. The blog has market news, trading tips, and updates. You can also set price alerts, track your portfolio, and use tools to manage risk. These resources help you trade smarter.
Margex Review: Conclusion
After our Margex review we can say that, Margex is an excellent choice for a cryptocurrency derivatives trading platform, is an outstanding user interface for the best experience to purchase bitcoin directly. In conclusion, users are offered transparency during trading demand, protection, low fees are issued, and verified trading pair opinions are notified. That’s why it comes under the top cryptocurrency exchange list.
FAQs
How Do You Trade on Margex?
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Users can begin their crypto trading on the Margex platform through a two-step authentication process. After the signup, they can profit from 100x leverage trading with a minimum deposit of just $10 and initiate leveraged trading exchanges.
Is Margex Safe?
Yes, Margex renders the most suitable protection measures for trading in risky crypto markets. The platform deposits the user’s assets in a frozen state, which is offline, and the accounts can be guarded through the 2FA offering.
Is Margex Available in the USA?
Presently, crypto investors from America are not licensed to have a trading account demand on the Margex platform.