Chaoex (chaoex.com) - review, trading volume and pairs
Chaoex international cryptocurrency exchange was founded in 2017 by a group of developers, which included experts from the United States, South Korea, China, and Russia. The creators of the chaoex.com website managed to launch a universal trading platform with numerous pairs and moderate commissions. The exchange is licensed in Estonia and is one of the largest ETH-exchangers in Europe.
At the time of writing, the volume of trading on the exchange is $203 million. The most popular pair is BTC/USDT, which accounts for 160 million dollars of daily trading.
The list of the most popular coins also includes Huobi, LTC, Bitcoin Cash, and ETH.
Chaoex has its internal token, which forms more than a dozen trading pairs. CHEX owners receive a bonus – payment of trading commissions is carried out in this currency with a discount:
• June 2009 - May 2020 - 50% discount;
• June 2020 - May 2021 - 25% discount;
• June 2021 - May 2022 - 12.5% discount;
• June 2022 - May 2023 - 6.75% discount;
• No discount since June 2023.
The CHEX rate at the time of writing is $0.0073 USD per coin. The market capitalization of the token is unknown.
A great advantage of Chaoex cryptocurrency exchange is its quality and user-friendly interface, which so far was translated only into English, Chinese, and Korean. At the top of the website, there is a menu with "Trade center", "Fiat", "Exchange", "Financial center", "Auction", and EPAY buttons. In the upper right corner traditionally are settings and login/registration menu. On chaoex.com homepage you can get acquainted with the open markets, and below are the contact details and other information about the company, including links to social networks.
Chaoex platform will appreciate the user-friendly trading cabinet, where there is a Japanese candlestick chart from Trading View. On the left, there is the order book, and on the right – the markets and trading history. Below the price chart, you can find a field for opening buy and sell orders.
Another great benefit of the website is the pleasant color scheme of the cabinet, which does not tire even at time of long trading sessions. It is also reliable in terms of security. So far, there are no negative feedback about the exchange, including references to hacking on the Internet.
Cryptocurrency exchange can boast several advantages, including:
• Prompt response of the support service to any user requests;
• Low trade commission in the amount of 0.1%;
• Standard funds withdrawal fees;
• Quality and pleasant interface;
• Fast website operation.
Traders who open short positions will like the platform since here you can save on commissions by becoming a holder of the CHEX token. Therefore, anyone who wants to increase the profitability of trading sessions can safely test this platform.