Stakecube Crypto Exchange Review 2023 : Pros & Cons

What Is Crypto Exchange ?

A platform that enables users to purchase, sell, and trade cryptocurrencies is referred to as a crypto exchange (also known as a digital currency exchange, or DCE). Similar to traditional stock exchanges, these marketplaces allow users to purchase and sell different cryptocurrencies like Bitcoin, Ethereum, and many more rather than equities.

Users of cryptocurrency exchanges can trade their digital assets in real-time and frequently for much lower transaction costs than those charged by conventional financial institutions.

To help consumers make educated trading selections, they also offer a variety of trading tools like price charts, order books, and trading pairs.

Centralized exchanges (CEX) and decentralized exchanges (DEX) are two different types of cryptocurrency exchanges. While DEXs run on a decentralized peer-to-peer network, CEXs are controlled by a single entity. Users should select the exchange type that best meets their needs and preferences because each type of exchange has advantages and cons of its own.

What Is Stakecube Crypto Exchange ?

Users can purchase, sell, and trade different cryptocurrencies on StakeCube, a platform for cryptocurrency exchange. It is an all-in-one platform that provides a variety of services, such as mining, hosting masternodes, and staking. With the intention of making cryptocurrencies more approachable and user-friendly, StakeCube was established in . Since it functions as a decentralized exchange (DEX), peer-to-peer trade is possible without the requirement for a centralized authority.

Stakecube Crypto Exchange Quick Facts

How To Register At Stakecube Exchange?

To register on Stakecube , 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.

Stakecube Exchange Supported Countries

Stakecube 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 Stakecube .

How To Verify Your Stakecube Cryptocurrency Account ?

There is no mandatory verification at Stakecube , 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 Stakecube , Revolut platforms.

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

There are two main options for topping up your balance on Stakecube . 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 Stakecube 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 Stakecube Account ?

There are several steps you can take to help secure your Stakecube account and protect your funds:

1. Enable Two-Factor Authentication (2FA): You must enter a code from an app or SMS message in addition to your password as part of this security procedure. In the “Security” area of your account settings, you can enable 2FA.
2. Use a Strong and Unique Password: Select a password that is special, contains a mix of uppercase and lowercase letters, numbers, and symbols, and is at least 12 characters long. Avoid using cliches or information that can be easily guessed, such as your name or birthdate.
3. Don’t give anyone else access to your login information: This rule applies to family members and friends as well. Be on the lookout for phishing schemes as well, which aim to fool you into disclosing your login details.
4. Keep track of account activity: To be sure there haven’t been any unauthorized transactions or alterations to your account information, check your account frequently.
5. Update the program on your computer: Update your operating system, web browser, and any other software you use to access your StakeCube account with the most recent security patches.
6. These pointers can help you safeguard your StakeCube account and safeguard your cryptocurrency investments.

Fees taken when buying virtual currency

StakeCube Trading Fees

The exchange charges a 0.10% fixed trading fee. In other words, the maker, who places the order that creates liquidity in the market, and the taker, who places the order that matches or “takes” an existing order, both pay the same charge of 0.10%. 0.10% is less than the sector average. Undoubtedly, the industry average is close to 0.25%. Thus, StakeCube has a competitive edge thanks to the trading fees.

StakeCube Withdrawal Fees

Then, how much are the withdrawal fees? Depending on the cryptocurrency asset you are withdrawing, withdrawal fees vary, although they are often a fixed amount of that cryptocurrency asset rather than a % like trading fees. You only pay network fees at StakeCube, where miners are compensated to confirm transactions on the relevant blockchain. Depending on the network strain at the time of the withdrawal, the network cost fluctuates. This withdrawal charge method is extremely competitive.

StakeCube Deposit Method

Other than cryptocurrency deposits, this trading platform does not accept any other kind of deposits. New cryptocurrency investors cannot trade here, therefore this means. You must first buy cryptocurrencies from another exchange before depositing them here if you don’t already have any cryptocurrency but still want to start trading at this exchange.

Trade On Go StakeCube Is 100% Mobile Friendly

What wonderful news! When trading platforms are mobile-friendly, traders can access the platform and place trades while on the go using their smartphones or tablets. Additionally, having access to mobile devices can assist traders keep track of their positions and track the markets in real-time, which is crucial for day traders and swing traders in particular. All things considered, having a mobile-friendly trading platform like Trade On Go StakeCube can be a huge benefit for traders who need to be connected and involved with the markets.

How To Contact StakeCube Customer Support Team?

If you need help with your StakeCube account or have any questions, you can contact StakeCube customer support through the following methods:

Live Chat: On its website, StakeCube provides a live chat function that lets users communicate with customer service agents directly.

Email: [email protected] is the email address for StakeCube’s customer service department.

Discord : You can inquire for help from the StakeCube customer care staff on their official Discord server. To join their server, click the following link: https://discord.gg/mrtn5dP

Social Media: The customer service staff of StakeCube can also be contacted via their social media platforms, such Twitter or Facebook.

No matter which method you choose, be sure to provide as much detail as possible about your issue or question so that StakeCube customer support can assist you efficiently.

Features Of StakeCube Crypto Exchange

User-friendly Interface :

Users may easily access and conduct cryptocurrency trading on StakeCube because to its user-friendly UI.

Security :

StakeCube employs cutting-edge security methods to safeguard user funds and private data. These include encryption, cold storage for holding money, and two-factor authentication (2FA).

Multiple Cryptocurrencies :

A variety of cryptocurrencies are supported by StakeCube, including Bitcoin, Ethereum, Litecoin, and many more.

Staking and masternode hosting :

Hosting masternodes and staking bitcoins are two ways that StakeCube users can profit from their efforts.

Low Fees :

StakeCube is a cheap choice for bitcoin traders thanks to its minimal trading and withdrawal costs.

Referring Program:

Program for referring users StakeCube offers a referral program that pays users for referring other people to the website.

Mobile App:

Users of StakeCube’s mobile app can trade and handle their accounts while on the go.

User-Friendly Interface:

StakeCube has a user-friendly interface that is easy to navigate, making it ideal for both beginner and advanced traders.

Trading Tools:

StakeCube provides users with a range of trading tools, including advanced charting, technical indicators, and order types. This allows traders to make informed trading decisions.

Mobile App:

StakeCube has a mobile app for both iOS and Android devices, allowing users to trade on-the-go.

StakeCube Good Or Bad Points

StakeCube is a cryptocurrency exchange that allows users to buy and sell various cryptocurrencies. Here are some potential good and bad points of using StakeCube :

Good points:

1. Security: StakeCube takes security seriously and has put in place numerous security safeguards, such as two-factor authentication and cold storage wallets, to secure users’ assets.
2. Wide range of cryptocurrencies: StakeCube is a well-liked option for investors wishing to diversify their portfolios because it provides a number of cryptocurrencies for staking and masternode hosting.
3. User-friendly design: The platform has a straightforward design that is simple to use, making it available to traders of all skill levels.
4. There are numerous income opportunities: In addition to staking and masternode hosting, StakeCube also provides a lottery, a faucet, and other features.
5. Low fees: StakeCube is a cost-effective choice for users thanks to its cheap transaction and withdrawal costs.

Bad points:

1. Limited Trading options: Trading possibilities are restricted compared to other exchanges, despite StakeCube’s availability of a cryptocurrency exchange.
2. Limited Customer Support : Users who have urgent problems may find the platform’s customer assistance to be frustratingly slow to reply.
3. Investment risk: Users should carefully evaluate their investment plans before investing in StakeCube since, as with any cryptocurrency investment, there is always a chance of losing money.
4. Lack of transparency: Some users may not feel comfortable using StakeCube because it does not give out much information about its staff or business history.

Is StakeCube Is Safe Platform To Trade ?

Users can trade and invest in a number of cryptocurrencies on the exchange and investing platform StakeCube. There are a few things to take into account when assessing the safety of a cryptocurrency exchange like StakeCube, even if it is challenging to declare with certainty whether any platform is 100 percent secure.

First and foremost, it’s crucial to remember that StakeCube has been in existence since 2018 and has not suffered from any significant security flaws or hacks. This means that the platform has put strong security measures in place to safeguard the money and information of its users.

Second, to help guarantee that user accounts are secure, StakeCube uses two-factor authentication (2FA) and other security features. These steps can lessen the risk of theft or fraud and help prevent unauthorized access to accounts.

However, it’s crucial to remember that no bitcoin exchange or platform is totally secure. When using any platform that allows for the trading or storage of cryptocurrencies, it is wise to use caution. In order to properly safeguard their accounts, users are advised to adopt additional security measures, such as creating strong passwords and turning on 2FA.

StakeCube Conclusion

A cryptocurrency platform called StakeCube provides a range of services, including staking, masternodes, exchange, wallet, and more. By staking their cryptocurrency assets, operating masternodes, or making investments in its shared masternode service, users can get passive income.

For those interested in cryptocurrencies who want to stake or run masternodes to generate passive revenue, StakeCube may be a good choice. It offers a simple user interface, a selection of cryptocurrencies, and affordable fees. Users should always conduct their own research before investing because, like any cryptocurrency site, there are risks.

FAQ