MARGEX

Overview of MARGEX

Margex is a cryptocurrency exchange based in Seychelles that caters to margin traders. It offers leverage trading on a variety of over 55 crypto assets but does not require users to complete a KYC (Know Your Customer) verification process. While Margex charges low maker fees, users can only fund their accounts with cryptocurrencies and not directly with fiat currency.

Pros and Cons

Pros of MARGEX:

• 55 Cryptos to trade :This exchange supports trading on 55 cryptos, which can give cryopto enthusiastists more chocices.
• High Leverage: Offers leverage trading up to 100x on supported assets (potentially high risk/reward).
• User-friendly platform: Simple and easy-to-use interface for beginners and experienced traders alike.
• Mobile App: Convenient mobile app for managing your trades on the go.
• Competitive Fees: Relatively low maker fees and referral program for earning commission.

Cons of MARGEX:

• Unregulated: Operates outside the oversight of a financial authority, potentially reducing user protection.
• No Fiat Deposits: Doesn't directly accept fiat currency (USD, EUR, etc.) for funding your account.
• High-Risk Leverage: Leverage trading can lead to significant losses if the market moves against you.

Regulatory Authority

MARGEX Exchange is unregulated, meaning it doesn't operate under the oversight of a financial authority. This reduces user protection but also allows for features like anonymous trading.

Security

Margex infrastructure security and fraud prevention.Safeguarding your funds and your privacy is the top priority of Margex.Margex has developed a sophisticated security framework using best industry practices and our own innovative developments. Our security team experts work to ensure your safe, reliable and enjoyable trading experience with Margex.

Margex security systems consist of several layers, each including their own security protocols and controls, regularly and thoroughly audited by in-house and independent security experts.

User accounts security layer

• 2FA (Google Authenticator): keeps your account secured even if your email/password have been compromised.
• Email confirmations: for all withdrawals.
• SSL encryption: for all data transferred between Margex and your browser.
• Email notificationsalerts: to ensure that you are aware of all activity on your account.
• Data encryption accounts: All sensitive account data is encrypted with reliable certified encryption protocols
• All withdrawals are processed: All withdrawals are processed once per day by our treasury department.
• Dedicated 24/7 live chat and email ： support to answer and resolve any questions or problems that you may have.

Custodian security layer

• 100% of all assets are stored in a multisignature offline “cold” storage
• Real-time monitoring and alerts for all asset movements
• Access segregation system, which eliminates the risk of malicious employees committing fraud from within the company

Trading infrastructure security layer

• Elastic server infrastructure, able to instantly scale up during peak hours and provide instant order matching and execution speeds with the lowest latency for every client worldwide (even during the highest market volatility)
• DDOS protection system, guarding Margex from overloads in case of hacking attempts
• Trading anti-denial service protection, mitigates 'unexpected order submission errors' and platform freezes.

Price manipulation and fraud prevention

• Price feed and suspicious trading activities (spoofing, bluffing) are monitored and negated by our real-time machine learning based system (MP Shield™ System)
• Liquidity pooling system, which combines multiple liquidity providers into a single, deep orderbook, ensuring the best entry and exit prices along with the thinnest spreads available on the market
• Price squeezing protection system that executes your order at the price level that you expected
• Margex does not list assets with low liquidity or highly affected by manipulations

Cryptocurrencies Available

Margex offers a wide range of cryptocurrencies for trading, including Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH), and many others. You can find the full list of available cryptocurrencies on their website.

Trading Market

Fees

Margex offers competitive trading fees with a 0.1% maker fee and a 0.15% taker fee for spot trading, lower fees for futures trading at 0.02% and 0.05% respectively, and slightly higher fees for margin trading at 0.15% maker fee and 0.2% taker fee.

MARGEX APP

Yes, Margex offers a mobile app for trading cryptocurrencies with leverage. Here's what you can find on the Margex app:

• Trading: The app allows you to trade various crypto assets, though the exact number might be limited compared to the website.
• Leverage: The app facilitates leverage trading, potentially up to 100x according to their information.
• Market Monitoring: You can monitor market data and track your positions on the go.
• Security: The app likely implements security features like login credentials and potentially two-factor authentication (2FA) for account protection.

Here are some additional points to consider:

• Download the app from the official app stores (Google Play or Apple App Store) to ensure authenticity.
• Be mindful that leverage trading involves high risk and is not suitable for all investors.

Overall, the Margex app provides a convenient way to manage your cryptocurrency margin trades from your mobile device.

Is MARGEX a Good Exchange for You？

Whether or not Margex is a good exchange for you depends on your individual needs and risk tolerance.

For Beginners: Margex is suitable for beginners due to its user-friendly interface, comprehensive educational resources, and straightforward trading process, making it easy for new users to navigate and understand the platform.

For Experienced Traders: Margex is also well-suited for experienced traders, offering advanced trading tools, competitive fees, and a variety of trading options including spot, futures, and margin trading, allowing for more sophisticated trading strategies.

FAQs

1. What is Margex？

Margex is a cryptocurrency exchange that was developed by former traders in 2019. We offer an extremely user-friendly product for cryptocurrency trading, suitable for both beginners and professional traders. Our users come from hundreds of thousands of people in morethan 150 countries.

2. How do l buy Bitcoin or other cryptocurrency on Margex？

Easily buy Bitcoin on Margex within minutes using USD, EUR, GBP, or your preferred local currency. Margex offers a wide range of popular payment methods, including Visa, Mastercard, ApplePay, bank transfers and more.

To start, check our guide on how to buy Bitcoin on Margex

• Buy BTC
• Buy USDT
• Buy USDC
• Buy ETH
• Buy SOL
• Buy TRX

3. How do you protect users funds？

Margex employs a robust security infrastructure with multiple layers, each equipped with its security measures. These security protocols i3controls are subject to frequent and extensive audits conducted by both our in-house experts and independent security professionals.

Our custodian security features include.

• 100% Asset Protection: All assets are safeguarded in a multisignature offine “cold” storage, ensuring maximum protection againstdiqital threats.
• Continuous Monitoring: Real-time monitoring and alerts are in place to promptly detect and respond to any asset movements orunusual activities..
• Access Segregation: Our access segregation system is designed to eliminate the risk of fraudulent actions by internal personnel

providing an additional layer of protection.

To learn more about Margex's security, please explore our article on this topic.

4.What are the fees associated with trading on Margex？

Margex charges maker fees (0.019%) for adding liquidity and taker fees (0.060%) for removing liquidity. They also have funding fees for holding leveraged positions.

Risk Warning

Margex Exchange offers high-risk margin trading with leverage, allowing you to control a larger position with a smaller investment. This can magnify profits, but also magnify losses - if the market moves against you, you could lose more than your initial investment. Additionally, Margex is an unregulated exchange, which means there's less oversight and potentially less protection for your funds compared to a regulated platform. Before using Margex, carefully consider your experience level, risk tolerance, and investment goals. It's important to be aware of the potential risks involved before engaging in leverage trading on an unregulated exchange.