Tidex - tidex.com REVIEW, TRADING VOLUME AND PAIRS
Tidex is a Waves-oriented cryptocurrency exchange that was founded in 2017 in the UK but later refocused on the US market. At the time of writing, the daily trading volume on the platform reaches 1.9 million dollars, of which 94% are accounted for the WAVES/BTC pair. More than a hundred coins are traded here with the four base currencies - WAVES, BTC, ETH, and USDT.
The official website of tidex.com is available in the English language only. At the same time, the trading platform's interface is quite simple and will appeal to both beginners and pros.
Tidex has lots of specific features that distinguish the platform among competitors, namely:
• Adaptive trading interface. Flexible settings of the trading cabinet and a wide range of tools for technical analysis are available to the user.
• Quality work of the support service. According to user comments, the support team works quickly and is ready to interact both through the application system on the website and via Twitter, Telegram or Facebook.
• Wide trading options. Customer can open market and limit orders, as well as trade with leverage.
• Low trading fees. For market makers and market takers, the tariff is only 0.1%, which is 2 times less than average.
• Performance. The platform provides an API that opens the possibility for cross-platform exchange and works through stationary and mobile devices.
System will please with transparency, reliability, and innovation, which are not inherent in all major platforms.
Deposit/withdrawal of funds
You can deposit in any cryptocurrency available on the website. To do this, just click on the “Deposit and withdrawal” button, select the desired coin and click “Deposit”. The system will generate an address to which you need to transfer coins from a third-party wallet to replenish your balance. Withdrawal of funds is carried out by a similar algorithm, through the “Withdrawal” button. After which the system will request the amount and address to which you need to make a withdrawal. We recommended copying the address carefully since after confirmation it will no longer be possible to cancel the operation.
Does not support fiat currencies. All transactions are carried out only in the cryptocurrency.
Internal TDX token
Tidex has its internal TDX token, which is used as part of a loyalty program to encourage active traders. Those exchange customers who actively trade on the platform receive a daily reward in the form of TDX coins, thereby halving the cost of the trading commission. Participation in the loyalty program is activated as soon as the trading volume exceeds 1 BTC. Holders of 1000 TDX receive a 10% discount on the trades, but the discount can reach 50% if the user's balance is more than 5000 TDX.
Resourse also charges a fee for withdrawals. The amount of the commission depends on the specific coin. So for the withdrawal of BTC, the user will have to pay 0.001 BTC, and for the withdrawal of Ethereum - 0.01 ETH. In the corresponding section of the website, you can find information about all current commissions.
In short, the tidex.com exchange can draw attention to itself. There are very low trading commissions and quite rich tools for the trader. The choice of currencies is also pleasing, and the quality of the support service, judging by the numerous positive comments, is great. Therefore, the platform is worthy of your attention, but we traditionally do not recommend storing large amounts here. Anyway, it is you who makes the decision.