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ACX logo

ACX Review 2023 - Is It Safe?

Contact
Country: Australia
Launched: 2014
Site: acx.io
Volume: $ 1,484,579.0
Pairs: 12
Mobile app: iOS, Android
Full address: Level 1, 89 - 91 City Rd, Southbank, 3006, Victoria, Australia
Fees: 0.2%
Fees: 0.2%
Grade points: 0.00
Expert Review
May 27, 2020

ACX is an Australian-based cryptocurrency exchange that aims to provide a reliable and secure platform for buying and selling digital assets. The platform was launched in 2014 and is available to users worldwide, with a focus on the Australian market. In this review, we'll take a closer look at ACX and its features to help you decide if it's the right exchange for you.

User Interface and Experience

The ACX platform is designed with ease of use in mind, with a simple and intuitive interface that's easy to navigate. The main dashboard displays a range of information including market prices, trading volumes, and order book depth, making it easy for traders to stay informed and make informed decisions. The trading platform itself is well designed, with all the necessary tools and features available to users. ACX also offers a mobile app for both iOS and Android devices, providing users with the ability to trade on the go.

Security and Regulations

ACX places a strong emphasis on security, with all user funds stored in cold storage wallets and multi-factor authentication required for all logins. The exchange also complies with all relevant regulations in Australia, including anti-money laundering (AML) and counter-terrorism financing (CTF) laws. This helps to ensure the safety of user funds and protect against fraudulent activity.

Cryptocurrencies and Trading Pairs

ACX offers a relatively limited range of cryptocurrencies, with Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC) being the main trading options. However, the exchange does offer a range of fiat trading pairs, including AUD, USD, EUR, and HKD. This makes it a good option for users looking to trade in their local currency. ACX also offers both spot and margin trading, with leverage of up to 10x available for certain pairs.

Fees and Limits

ACX charges a 0.2% trading fee for all spot trades, which is relatively low compared to other exchanges. Margin trading fees are slightly higher, with a 0.5% fee charged on all trades. The exchange also has relatively high withdrawal fees, with a minimum of AUD 20 or 0.002 BTC charged per transaction. In terms of limits, ACX has a minimum deposit requirement of AUD 50 or 0.002 BTC, and a maximum deposit limit of AUD 50,000 or 2 BTC per day.

Customer Support

ACX offers a range of customer support options, including email support and a help center with a range of articles and guides. The exchange also has an active social media presence, with accounts on Twitter, Facebook, and LinkedIn. While some users have reported slow response times from customer support, overall ACX is regarded as a reliable and trustworthy exchange.
Conclusion
Overall, ACX is a solid choice for users looking for a reliable and secure cryptocurrency exchange. While the range of available cryptocurrencies is limited, the exchange offers a range of fiat trading pairs and a well-designed trading platform. The low trading fees and strong security measures also make it an attractive option for users. However, the high withdrawal fees and deposit limits may be a drawback for some users, and the limited customer support options could be improved.

Our Score
Functionality 4 / 5
Reputation 4 / 5
Security 4 / 5
Support 4 / 5
Fees 4 / 5
Our Score
4 / 5
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User reviews
jeffrey galik 1 September 2021
1.0

I am unable to withdrawal my USDT from ACS. It repeats that i have insufficient funds

Sheile Navarro
11 November 2023
One has to be careful with the brokers on the internet now. Last year I was scammed in the binary trade option by a broker I met on Instagram. I invested $140,000 which I lost, I couldn’t make a withdrawal and I slowly lost access to my trade account for 3 months. I was frustrated and depressed. After a few months, I met Olivia who is A recovery expert that works with Olivia Trader affiliation with the Federal Bureau of Investigation (FBI) and other law firm. he worked me through the process of getting my money back and all the extra bonus which I got during my trading. he can be of help to anyone who has a similar situation. You can contact her via
mail: oliviatrader 44 @ gmail.com
WhatsApp +1 (423) 248 - 2140
Sophia
8 August 2023
I fell victim to some scam forex trading platform and I lost a lot of my funds to them but thanks to Lisa for her help in getting my funds recovered. She work with a recovery company called Lost funds rescue and you can as well reach to their webmail via support @ Lfrescue. org. I got all my funds recovered after reporting to Mrs Lisa via her mail Lisa.Eric @ proton .me or WhatsApp + 1 (470 ) 469-9769 if you need help in getting your lost funds back as well.
Zablack 23 January 2021
5.0

Good and fast AUD deposits and withdrawals.

Gee 24 June 2020
3.0

I don't see they are scum, but sometimes it seems that they have to do something with the maintenances. It's annoying.

Gumri 3 January 2020
4.0

Acx is a simple exchange, but with not so low fee. It's defenetly focused on AUD and Australian people. So, I wouldn't say that the exchange is bad, I think it can be perfect choice for the guys with AUD. Unfortunately, i have just eth, it's not a profitable place for me.

Lilian 24 December 2019
4.0

It doesn't make any sense if you are going to trade with BTC or ETH. This exchange perfectly matches for the AUD operations 'cause it's free and this is the main advantage of the place.

Country: Australia
Launched: 2014
Site: acx.io
Volume: $ 1,484,579.0
Pairs: 12
Mobile app: iOS, Android
Full address: Level 1, 89 - 91 City Rd, Southbank, 3006, Victoria, Australia
Fees: 0.2%
Fees: 0.2%
Grade points: 0.00
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