ACDX Cryptocurrency Exchange Review : Pros & Cons

About ACDX

Launched on 29 Sep 2020, ACDX is a cryptocurrency derivatives exchange that supports spot, delta one and structured products trading. It is a centralized exchange where sports fans can gather to trade and invest on a global scale. In our exchange, you can purchase NFTs of your favorite athletes or teams by exchanging Bitcoin, Ethereum, or Tether .  Once you own an NFT, it’s yours forever, unless you decide to trade or sell it to another user. The price of NFTs according to supply and demand as well as the activities of athletes and clubs is variable.

Information Table

How To Register At ACDX Exchange?

To register on ACDX, click Register Now button at the top of the page. You can also start creating an account directly through the form on the main page.

You only need to enter your e-mail and come up with a password. If there is a referral code, it is also entered at this stage. Password requirements: at least 8 characters, numbers, upper and lower case.

Click ” Create Account ” then go to your email to verify it. Enter the code you received and registration is complete. You can start replenishing your account.

How To Verify Your ACDX Cryptocurrency Account ?

There is no mandatory verification at ACDX, but you can pass it if you wish. At the moment, the only restriction imposed on unverified users is the withdrawal limit of FREE. In the future, depending on the actions of regulatory authorities, conditions may change.

For verification, you can use one of four documents to choose from: passport, driver’s license, identity card or residence permit. Artificial intelligence is used to evaluate the authenticity of documents. This service is provided by the Onfido online identification service, already used by the ACDX, Revolut platforms.

How To Buy Crypto Or Deposit Crypto At ACDX Crypto Exchange?

There are two main options for topping up your balance on Kraken. Firstly, you can buy cryptocurrency with a bank card – it’s fast and convenient. Go to the ” Buy crypto ” -> ” Buy crypto with a credit card ” section.

Choose a cryptocurrency (currently there are 13 coins available for purchase in this way). Enter the amount and select the fiat currency to be used for payment.

After that, you will need to select a payment channel: each of them has conditions. You can choose between Simplex, Mercuryo, Banxa and Moonpay. Click ” Buy ” next to the appropriate option.

Agree to the terms and confirm the transition to the site of the payment provider. Enter information about the card and its owner, confirm the transaction. Cryptocurrency will be credited to the exchange account within a few minutes.

Second Method

You can transfer digital assets to the balance of the exchange from any external crypto wallet. For this:

• Go to the “Deposit” section from the “Assets” menu.

• From the drop-down list, you can select the cryptocurrency you want to deposit into your account.
• The wallet address will appear. You need to copy it and send funds to it from another wallet or exchange. Please note that only bitcoin can be sent to bitcoin addresses, similarly with other coins.
• You can also click “Show QR code” – for transfers from a mobile wallet, this is a more convenient option.

How To Withdraw Crypto Asset From ACDX Exchange ?

Having completed all the necessary trading operations, it’s time to withdraw the received assets to an external wallet. Go to ” Assets ” -> ” Withdraw “. Please note that the operation is only available after enabling two-factor authentication in the settings. This is for added security and requires less than a minute, so don’t neglect this measure.

Select a cryptocurrency and enter the withdrawal amount. Each coin has its own withdrawal fee, for example, for BTC it is 0.00057 BTC. Click ” Output “. By default, the exchange processes applications three times a day, however, hourly withdrawals are available for Premium users. Also, the time of receipt of the cryptocurrency is affected by the workload of the blockchain network.

How To Secure Your ACDX Account ?

Also remember to go to the Security tab and activate two-factor authentication using the Google Authenticator app – this is the most reliable way to prevent unauthorized access to your account.

ACDX Fees

ACDX charges fees for its services, which are designed to cover the costs of running the exchange and providing a secure trading environment. The exact fees charged by ACDX will depend on the type of trade you make and the assets you trade, as well as other factors such as your trading volume and the overall demand for the asset.

Here are some of the typical fees you may encounter when using ACDX:

1. Trading Fees: ACDX charges a fee for every trade made on the exchange. The fee is usually a percentage of the total value of the trade and can vary based on the specific assets being traded.
2. Withdrawal Fees: ACDX may also charge a fee for withdrawals, which is a fee for sending your assets out of the exchange and into your personal wallet.
3. Deposit Fees: Some exchanges may also charge a fee for deposits, which is a fee for transferring assets into the exchange.

Trading fees information

Withdraw And Deposit Fees

Features Of ACDX Crypto Exchange

Available At Android & IOS Store

ACDX Cryptocurrency Exchange exchange application available on both world famous mobile store google play store and iOS store . You Can download App and start trading.

Cryptocurrency Trading

ACDX allows users to trade a variety of cryptocurrencies, including Bitcoin, Ethereum, and other popular altcoins.

User-friendly Interface

The exchange has a simple and intuitive interface that makes it easy for users to buy and sell cryptocurrencies.

Fast Deposit and Withdrawal

ACDX processes deposits and withdrawals quickly, allowing traders to take advantage of market opportunities.

High Security

ACDX implements strong security measures, such as two-factor authentication, encryption, and multi-sig technology, to protect user funds.

Customer Support

The exchange offers 24/7 customer support to help users with any questions or issues they may have.

Mobile App

ACDX has a mobile app that allows users to trade cryptocurrencies on-the-go.

Competitive Fees

ACDX charges competitive fees for its services, which are transparent and easily accessible to users.

Multi-language Support

The exchange offers support in multiple languages, making it accessible to a wide range of users from different countries.

Community Features

ACDX has a strong community presence, with forums and social media channels for users to engage and connect with each other.

24/7 Live Chat

If you’re awake, they are too. When you need help, your team of experts will work with you via 24/7 live chat to reach a quick and efficient resolution.

ACDX Conclusion

ACDX is a centralized cryptocurrency exchange that offers a wide range of cryptocurrencies and has a user-friendly interface, fast deposit and withdrawal times, and strong security measures. However, it also has some disadvantages, such as centralized control, limited payment options, lack of transparency, and high fees. Ultimately, whether ACDX is a good choice for you will depend on your specific needs and preferences as a trader or investor. It’s always important to thoroughly research and compare different exchanges before making a decision, and to carefully consider the risks and benefits of each option.