Quedex Review 2023 - Is It Safe?
Quedex is a cryptocurrency derivatives exchange, founded in 2017 and headquartered in Gibraltar. The platform is designed for professional traders and offers trading in Bitcoin futures and options, as well as perpetual futures contracts for Bitcoin and other cryptocurrencies. Quedex is known for its security features, including multi-signature cold storage and secure custody of funds.
Subheading 1: Trading Features
Quedex offers a range of trading features for professional traders, including the ability to trade Bitcoin futures and options, as well as perpetual futures contracts for Bitcoin and other cryptocurrencies. The platform also offers up to 25x leverage for futures trading, which can increase trading opportunities but also poses higher risk. In addition, Quedex offers an API for automated trading and access to market data.
Subheading 2: Security Measures
Quedex is known for its high level of security measures, which include multi-signature cold storage, secure custody of funds, and regular third-party audits. The platform also offers two-factor authentication and SSL encryption to protect user accounts and transactions. These security measures provide users with peace of mind when trading on the platform.
Subheading 3: Fees
Quedex charges a range of fees for trading on the platform, including maker and taker fees for futures trading, as well as settlement fees and options premiums for options trading. The fees vary depending on the type of trading and the volume traded, with lower fees for higher volume traders. The platform also charges withdrawal fees for transferring funds off the platform.
Subheading 4: User Interface
The Quedex user interface is designed for professional traders and may be more complex than other cryptocurrency exchanges. The platform offers advanced trading features, including order types such as limit orders, stop orders, and market orders, as well as a depth chart for visualizing market trends. The platform also offers a range of customizable settings to help traders tailor their trading experience.
Subheading 5: Customer Support
Quedex offers customer support through a range of channels, including email, live chat, and a help center. The platform also offers a dedicated support team to help users with any issues or questions they may have. However, some users have reported slow response times from the customer support team, which can be frustrating for traders who need quick assistance.
Conclusion:
Quedex is a cryptocurrency derivatives exchange designed for professional traders. The platform offers a range of trading features, including Bitcoin futures and options, perpetual futures contracts for Bitcoin and other cryptocurrencies, and up to 25x leverage for futures trading. Quedex is known for its high level of security measures, including multi-signature cold storage and regular third-party audits. The platform charges a range of fees for trading on the platform, with lower fees for higher volume traders. The Quedex user interface is designed for professional traders and may be more complex than other cryptocurrency exchanges, but the platform offers a range of customizable settings to tailor the trading experience. While the customer support team is dedicated, some users have reported slow response times, which can be frustrating for traders who need quick assistance. Overall, Quedex is a solid option for professional traders looking for a secure and feature-rich cryptocurrency derivatives exchange.
Not sure if Quedex is a legitimate platform. After attempting to withdraw my original investment along with the profits. Customer service requested a 10% deposit which I never submitted. They included a due date to release the funds. However, I requested an extension and was not able to come up with the deposit. Now my funds are frozen and they are asking for 20%. Sounds like ransom to me. BE WEARY! I lost a sizable amount of money.
The service stands out among others by the ability to trade futures and options, which is quite interesting. There is 25x leverage for BTC futures as well as affiliate programs. Commissions are small, and this is a definite plus of this service.
