VINDAX

Overview of VINDAX

Founded in 2017, VINDAX is a cryptocurrency exchange platform that facilitates exchange for cryptocurrency transactions, prioritizing well-optimized trading fees, a high level of security, and excellent efficiency. The platform has easy-to-use interphase that is easy to use for various levels of traders.

Pros and Cons

Security

VinDAX takes security seriously and offers several measures to protect user accounts. One of these security features is Two-Factor Authentication (2FA). By enabling 2FA on your VinDAX account, you add an extra layer of security to your login process.

When you activate 2FA, you‘ll need to provide an additional verification code in addition to your password when logging in. This code is typically generated through a mobile authentication app like Google Authenticator or Authy. It ensures that even if someone manages to obtain your password, they won’t be able to access your account without the unique verification code.

Cryptocurrencies Available

VINDAX trading platform provides support for a wide range of cryptocurrencies, offering users various options for trading and investment. Here are some examples of the cryptocurrencies available on VINDAX:

Bitcoin (BTC): The first and most well-known cryptocurrency, often referred to as digital gold.

Litecoin (LTC): A peer-to-peer cryptocurrency that aims to provide fast and low-cost transactions.

Bitcoin Cash (BCH): A cryptocurrency that emerged as a result of a hard fork from Bitcoin, with a focus on faster and cheaper transactions.

Ethereum (ETH): A decentralized platform that enables the creation of smart contracts and decentralized applications (dApps).

EOS: A blockchain platform that supports the development and hosting of decentralized applications, focusing on scalability and usability.

These are just a few examples of the cryptocurrencies available on VINDAX. There are over 500 different cryptocurrencies supported on the platform, allowing users to diversify their portfolios and take advantage of various investment opportunities in the digital asset market.

How to Open an Account？

The registration process for IG can be completed in the following six steps:

1. Visit the VinDAX website and click on the “Register” button.

2. Fill in the online form with your personal info such as email address and password.

3. Agree to the terms and conditions of VinDAX.

4. Verify your email address by clicking on the verification link sent to your inbox.

5. Complete the KYC (Know Your Customer) process by providing necessary identification documents, such as a passport or driver's license.

6. Once your account is verified, you can start trading and depositing funds into your VinDAX account.

VinDAX App

VinDAX brings cryptocurrency trading to your fingertips with the VinDAX App, providing a seamless and efficient trading experience across various platforms.

The application is accessible on mobile devices, both Android and iOS, allowing users to manage their portfolios on the move.

For those who prefer trading on larger screens, the VinDAX App is also available on desktops and supports MacOS, Windows, and Linux systems.

This broad compatibility allows VinDAX to cater to a diverse group of traders, ensuring that no matter the device or operating system preference, users have easy and uninterrupted access to their accounts and the cryptocurrency market.

Fees

The fees structure for the VinDAX platform based on different levels of VD holdings.

Level 0 (General): For VD holdings greater than or equal to 0, the Maker fee is 0.1000% and the Taker fee is also 0.1000%.

Level 1: For VD holdings greater than or equal to 50,000, the Maker fee is 0.0900% and the Taker fee is 0.0900%.

Level 2: For VD holdings greater than or equal to 100,000, the Maker fee is 0.0800% and the Taker fee is 0.0800%.

Level 3: For VD holdings greater than or equal to 200,000, the Maker fee is 0.0700% and the Taker fee is 0.0700%.

These fees apply to both Makers and Takers on the VinDAX platform. Makers are users who provide liquidity to the platform by placing limit orders, while Takers are users who remove liquidity by placing market orders.

Deposits & Withdrawals

VINDAX primarily supports cryptocurrencies as a means of funding. This feature is in direct response to the rising adoption and focus on digital assets. Users can deposit and withdraw funds using a broad range of cryptocurrencies. This not only caters to those deeply involved in the cryptocurrency market but also simplifies transactions, potentially reducing processing times and transaction costs.