Safe.Trade Exchange logo
Safe.Trade Exchange logo

Safe.Trade Exchange Review 2023 - Is It Safe?

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Country: Canada
Mobile app: -
Grade points: 0.00
Expert Review
Dec 08, 2020

Safe.Trade is a cryptocurrency exchange platform that was founded in 2019. It operates from the British Virgin Islands and offers its services to traders all around the world. The exchange aims to provide traders with a safe and secure platform for trading various digital currencies. Safe.Trade offers an intuitive and user-friendly interface, as well as a wide range of features that make it an attractive option for both beginner and experienced traders. In this review, we will take a closer look at Safe.Trade and examine its features and offerings.

User Interface and Trading Experience

One of the most notable features of Safe.Trade is its user-friendly interface, which makes it easy for beginners to navigate the platform. The exchange offers a range of trading tools, including charts and market indicators, which can help traders make informed decisions. The trading engine is fast and efficient, with no latency issues reported by users. The platform offers a range of order types, including limit, market, and stop-loss orders, as well as advanced trading options such as margin trading.

Security and Trust

Safe.Trade takes the security of its users' funds and personal information seriously. The exchange implements industry-standard security protocols, such as two-factor authentication (2FA) and SSL encryption, to protect user data and prevent unauthorized access to accounts. The platform also keeps a majority of its funds in cold storage to prevent theft or loss due to hacking attacks. Safe.Trade is a licensed and regulated exchange, which provides users with an added layer of trust and confidence when trading on the platform.

Supported Cryptocurrencies and Payment Methods

Safe.Trade offers a range of popular cryptocurrencies for trading, including Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and more. The platform also supports fiat currencies such as USD, EUR, and GBP, which can be deposited via bank transfer or credit card. Withdrawals can be made in either cryptocurrencies or fiat currencies, depending on the user's preference.

Customer Support

Safe.Trade offers customer support through email and a 24/7 live chat feature, which is available on the platform's website. Users can also access a comprehensive knowledge base, which provides answers to frequently asked questions and guides on how to use the platform. The exchange has received positive feedback from users regarding the quality and responsiveness of its customer support team.

Fees

Safe.Trade charges competitive fees for trading, which are based on a user's trading volume over the previous 30 days. The fees range from 0.1% to 0.2% for both makers and takers, depending on the user's trading volume. There are no fees for deposits or withdrawals, but users may incur fees from their bank or payment processor when depositing or withdrawing fiat currencies.
Overall, Safe.Trade is a solid cryptocurrency exchange platform that offers a range of features and services to its users. The platform's user-friendly interface, security protocols, and customer support make it an attractive option for both novice and experienced traders. Safe.Trade's competitive fees and support for a range of popular cryptocurrencies and fiat currencies also make it a viable alternative to other established exchanges in the market. However, as with any exchange, users should conduct their own due diligence and carefully consider the risks associated with trading cryptocurrencies before using the platform.

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User reviews
elon david 25 November 2023
1.0

The most shit platform ..... I have to wait for my funds like 2 days...and after I was block on their platform with my money like couple days again

Brandon 5 August 2023
1.0

Safe Trade is a scam. My first deposit went fine but my second deposit of $1,000 never showed up in my wallet on Safe Trade. According to Etherscan, it was deposited after about a 6 hour delay. I submitted several tickets to Safe Trade and never received a response. Shortly after, I checked Etherscan again and it shows that my wallet address on Safe Trade had used that $1,000 to buy ERC-20 Tokens that Etherscan had flagged as risky. Still after 2 months, no reply from Safe Trade and no money or ERC-20s in my wallet.

Sat Perush 19 June 2023
5.0

Updated review, the ETH finally went through, but took 4 hours. So they worked after all. Apologies for bad review.

Sat Perush 19 June 2023
1.0

RIPPED OFF $550 in ETH!!?!
I sent .315 ETH to their site under my verified account and it mysteriously never arrived to their exchange wallet address. I send a smaller amount last week and worked. I guess the strategy is to allow it to work once and then zap you for a large amount once you think you can trust.
HASH:
0x49b3360b3e8895962d160a90f1e7efc410e21c9bb9e5a7e4d1db47959b8ead14

STAY AWAY!!!!!!

Sat Perush
19 June 2023
UPDATED it took about 4 hours but they fixed it. I can not edit the review but I would upgrade to 4 stars!
Fateh Mccray 17 November 2021
4.0

Excellent security with low fees. The exchange is fast and easy to use

Country: Canada
Mobile app: -
Grade points: 0.00
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