What Is Crypto Exchange ?
A cryptocurrency exchange is a website that allows users to buy, sell, and trade different cryptocurrencies including Bitcoin, Ethereum, and a wide variety of others. It functions as a market area where users may swap one cryptocurrency for another or exchange their conventional fiat money, like dollars or euros.
These exchanges give people and organizations a safe and practical way to participate in the rapidly expanding cryptocurrency market. They frequently provide a number of features, including as order matching, liquidity provision, and real-time market data, enabling traders to carry out transactions at prices determined by the market. The features of cryptocurrency exchanges might vary
Various demands and interests within the cryptocurrency community are catered for through laws, supported cryptocurrencies, and regulations. They are crucial to the widespread adoption and use of cryptocurrencies in the current financial environment.
What Is Cat.Ex Crypto Exchange ?
Cat.Ex is a centralized cryptocurrency exchange. It has global communities in Brazil, Vietnam, South Korea, Bangladesh, Russia, Turkey, Middle East, India, Indonesia, and the United States. Platform has staking, farming and multiple faucets. The exchange claims to have SNA and microservice-based distributed architecture to support horizontal scaling.
|Exchange Service||Spot and futures trading|
|Exchange Launch Year||August 2018|
|Mobile App||Android & IOS|
|Referral Program||Not Allowed|
|Support||Email & Live Chat Option Available|
|Official Website||Click Here To Visit|
How To Register At Cat.Ex Exchange?
To register on Cat.Ex, 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.
Cat.Ex Exchange Supported Countries
Cat.Ex, Exchange is a cryptocurrency exchange that supports users from various countries around the world. However, the availability of services may vary depending on the location of the user.
Exceptions are the US, China, Japan and countries in the Middle East. Syria and North Korea are also countries whose nationals cannot trade on Cat.Ex,.
How To Verify Your Cat.Ex Cryptocurrency Account ?
There is no mandatory verification at Cat.Ex 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 Cat.Ex,, Revolut platforms.
How To Buy Crypto Or Deposit Crypto At Cat.Ex Crypto Exchange?
There are two main options for topping up your balance on Cat.Ex 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.
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 Cat.Ex 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 Cat.Ex Account ?
There are several steps you can take to help secure your Cat.Ex account and protect your funds:
- Make Your Password Secure: For your Cat.Ex account, create a distinct and complicated password. Use a mixture of lowercase, capital, and special characters along with letters (both uppercase and lowercase). Do not include details that can be easily guessed, such as names, birthdays, or everyday words.
- Two-factor authentication (2FA) should be enabled: Turn on two-factor authentication for your Cat.Ex account whenever you can. By asking you to input a one-time code given to your mobile device or email when signing in, this adds an additional degree of protection.
- Update Your Password Frequently: To lessen the chance of illegal access, change your password on a regular basis. Avoid using the same password across various accounts.
- Precautions for Phishing Scams: Any emails, messages, or websites asking for your Cat.Ex login information should be avoided. Phishing techniques are frequently used by scammers to acquire account information.
- Keep Your Email Account Safe: A lot of times, password recovery uses your email address. Make sure your email account is secure by using 2FA and a strong password.
- Monitor the activity on your account: Check your Cat.Ex account activity frequently for any unwanted access or shady transactions. Report anything strange you observe right away.
- By taking these steps, you can help protect your Cat.Ex account and reduce the risk of unauthorized access to your funds.
Fees taken when buying virtual currency
This exchange has a flat fee and its amount is 0.10%. 0.10% is substantially below the historical global industry average, being 0.25%. However, we are currently seeing a shift towards lower trading fees in the industry (0.10%-0.15%). Regardless of whether you compare the trading fees with the historical or more current trading fee averages, the fees charged by this exchange are at least not above industry average.
When you withdraw BTC from this trading site, a fee of 0.0005 BTC is assessed. This is significantly less than the industry average, which is 0.000812 BTC every BTC-withdrawal. Thus, the withdrawal fees on this exchange are around 40% less than the industry standard.
This exchange does not accept any deposits of fiat currency. This means that new cryptocurrency investors (i.e., investors without any previous holdings of cryptocurrencies) can’t trade here. In order to purchase your first cryptocurrencies, you need a so called entry-level exchange, which is an exchange accepting deposits of fiat currency
Trade On Go Cat.Ex Is 100% Mobile Friendly
That Trade On Go Cat.Ex is completely mobile-friendly is fantastic to hear! For traders who favor using their smartphones or tablets to track their investments and execute trades on the go, having a mobile-friendly trading platform can be a huge advantage. In today’s hurried financial markets, it enables more flexibility and ease.
A responsive design, simple navigation, and all the fundamental elements required for trading, such as real-time market data, order placement, and account management, should be offered by a mobile-friendly platform. The platform must also offer a secure environment for trading in order to safeguard users’ private data and assets.
How To Contact Cat.Ex Customer Support Team?
If you need help with your Cat.Ex account or have any questions, you can contact Cat.Ex customer support through the following methods:
Check out the official website: Start by going to Cat.Ex’s official website. A “Contact Us” or “Support” section should be there. This is typically found in the header, footer, “About Us” or “Help” part of the website.
Email assistance: Look for a customer service or inquiry email address on the list. Send an email with your specific query or problem to the supplied address. Include all pertinent information, such as your account information, the transaction ID, and a detailed explanation of the issue.
Live Chat: On their website, some exchanges have a live chat assistance facility. To begin a chat with a customer care agent, look for a “Live Chat” button or symbol and click on it.
Phone assistance: Verify if the website provides a phone number for customer service. If a phone number is provided, you can call it to get in touch with a support agent right away. Have your account details and any questions ready.
No matter which method you choose, be sure to provide as much detail as possible about your issue or question so that Cat.Ex customer support can assist you efficiently.
Features Of Cat.Ex Crypto Exchange
Available At Android & IOS Store
Cat.Ex Cryptocurrency Exchange exchange application available on both world famous mobile store google play store and iOS store . You Can download App and start trading.
Convenient Payment Methods
Cat.Ex accepts a wide range of payment methods, including UK bank transfers, debit cards, and credit cards.
Cat.Ex supports a wide range of trading pairs, including BTC, ETH, USDT, USDC, and more. This allows traders to access a variety of cryptocurrencies and trade them against each other.
Low Trading Fees:
Cat.Ex charges low trading fees of just 0.03% for market makers and 0.07% for market takers. This makes it one of the most affordable exchanges on the market.
No-Fee Trading, trade crypto commission-free.
Cat.Ex offers deep liquidity with access to institutional-grade liquidity from multiple sources, including exchanges, brokers, and market makers.
The locking system was created to reward the Catex investors with daily dividends from the platform and to create a stable price in the market. The dividends is up to 90% according to the locking period.
30% OFF trading fee
Locked Catex tokens are now eligible to pay for transactions fees. If you have locked CATT tokens, and you execute a trade, then you will get 30% reduced fee.
Zero withdrawal fee
Depending on the amount of Catt you hold hold, you can receive up to 100% fee reduction when you withdrawal your assets. This is very important for investors who like to cash out their dividends each day, you can save money!
In all non-mining markets, users will get 50% commission if they refer someone to trade. You can find your referral link in your profile setting after you login.
As part of our listing campaign, we ask all newly listed projects for a quantity of their supply to airdrop to our investors. The airdrop is normally distributed proportional, therefore the more CATT you hold, the more airdrop you will receive.
Buyback & Burn
The Catex team manages a buyback account. The revenue from this account comes; dice game catt profits; some transaction fees; 60% of IEO listing fees; and the CATT tokens used in the coin voting competition.
Cat.Ex Good Or Bad Points
Cat.Ex is a cryptocurrency exchange that allows users to buy and sell various cryptocurrencies. Here are some potential good and bad points of using Cat.Ex :
- Variety of Cryptocurrencies: A large selection of cryptocurrencies are available for trading on Cat.Ex, giving users access to a diverse portfolio of digital assets.
- User-Friendly Interface: The exchange may feature a user-friendly interface that is intuitive and simple to use, making it simple for both novice and seasoned traders to navigate and place transactions.
- Liquidity: Cat.Ex may offer a high level of liquidity for well-known cryptocurrencies, enabling users to purchase and sell assets with little risk of substantial price changes.
- Security Measures: Strong security methods may be used by the platform to protect users’ assets from theft and hacking, such as two-factor authentication (2FA) and cold storage for cash.
- Customer care: A helpful customer care team might be accessible to help users with their questions and problems, making trading more enjoyable.
- Limited Regulatory Oversight: Cat.Ex may be based in a country where there is little to no regulation of cryptocurrency exchanges, which could put users at risk for fraud or market manipulation.
- Security risks: Despite precautions, no exchange is completely safe from security lapses and hackers. Due to security flaws, users still run the danger of losing their money.
- Customer service: The standard of customer service might differ greatly between transactions. Users may have trouble getting help when they need it or may struggle to address problems if Cat.Ex’s customer service is poor.
- Market volatility: The cryptocurrency sector as a whole, not just Cat.Ex, is known for its high level of market volatility, which exposes customers to potentially large price swings and losses.
- Limited Fiat Support: Users who seek to deposit or withdraw traditional currencies may encounter difficulties due to Cat.Ex’s limited support for fiat currencies.
Is Cat.Ex Is Safe Platform To Trade ?
In the world of cryptocurrency trading, Cat.Ex is a platform for exchanging digital currencies. However, a number of elements determine whether it is regarded as a secure platform to trade on.
Priority one should be given to the security measures put in place by Cat.Ex to safeguard user monies and data. To prevent breaches and cyberattacks, reputable exchanges often use strong security mechanisms, including as encryption, two-factor authentication, and cold storage for digital assets. Users should investigate and confirm whether Cat.Ex complies with these security requirements.
The second important factor in determining how safe a bitcoin exchange is is regulatory compliance. Because they are answerable to authorities and adhere to accepted industry standards, exchanges that follow pertinent legislation and have the appropriate licensing tend to be more reliable.
Additionally, user opinions and feedback are very important in assessing how safe an exchange is. Insights into problems like customer service responsiveness, withdrawal procedures, and general platform satisfaction can be gained by looking into the experiences of other traders.
In conclusion, Cat.Ex is a reliable and secure cryptocurrency exchange that offers a wide range of cryptocurrencies for trading, with low fees and high liquidity. Its proprietary mining pool allows users to earn additional income while trading cryptocurrencies on the platform. The exchange also offers advanced trading tools for experienced traders and a user-friendly interface for novice traders.
With its focus on security, including two-factor authentication and cold storage of funds, users can be confident in the safety of their assets on the platform. The exchange also offers mobile apps for iOS and Android devices, as well as a referral program and an incubation program for blockchain projects. Overall, Cat.Ex is a great choice for anyone looking for a reliable and trustworthy cryptocurrency exchange.
What is Cat.Ex and when was it established?
Founded in August 2018, Cat.Ex is a centralized cryptocurrency exchange. It offers a trading platform for different cryptocurrencies.
Where is Cat.Ex available?
Brazil, Vietnam, South Korea, Bangladesh, Russia, Turkey, the Middle East, India, Indonesia, and the United States are just a few of the nations where Cat.Ex has communities.
How does Cat.Ex ensure scalability?
According to Cat.Ex, their distributed design uses microservices and social network analysis (SNA). Because of the horizontal scaling capabilities of this architecture, the exchange can manage rising volumes of traffic and transactions.
What is Social Network Analysis (SNA) in the context of Cat.Ex?
A technique called social network analysis (SNA) is used to examine and depict the connections between various elements within a network, such as users and assets. This strategy is used by Cat.Ex as a part of its architecture to better understand and improve user interactions and platform transactions.