Review on Tidex by Olugbenga Ajayi
Tidex is an exchange with competitive fees
Tidex is a San Fransisco based exchange which also have its offices in some other countries including the UK. It was established in January 2019 which means it is very new.
The exchange has a tie with waves project hence it includes on its pits platform some waves digitized flat currencies like WUSD and WEUR. It also support many crypticurrencies numbering into over 70 including Bitcoin and Ethereum.
The exchange is known for charging low fees on transaction. Infact it doesn't charge any fee on makers while it only charges 0.10%. For withdrawal, it charges only 0.0005 BTC which is okay when compared with what is charged elsewhere.
Pros
- It uses two factor authentication for security
- The exchange support many cryptos and altcoins
- It offers 24/7 customer service
- Transaction fees are generally low
- Withdrawal fee is below average
Cons
- The exchange is not regulated by any known regulatory bodies
- The customer services does not include livechat or email support
- It does not support flat currencies
- It doesn't support mobile trading
