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Review on Hydax Exchange by Isaac John

Revainrating 3 out of 5

Hydax Exchange is a giant in disguise.


Hydax exchange platform was launched in the year 2019. It is a new exchange platform available in the world of exchange. This exchange if given enough time and support, has the potential of becoming the best exchange platform in the world of exchange.
Hydax exchange is a multi cryptocurrency exchange platform. As it allows a trader to trade on over twelve different currencies, including bitcoin.
This platform offers flat trading fees of 0.20%, which is below the global industry fee of 0.25%. With that it means it has low trading fees.
The withdrawal fee is free in this platform. It doesn't charge any withdrawal fees.
The withdrawal fee is free in this platform. It doesn't charge any withdrawal fees.
The method of deposits is mainly via credit card. Wire transfer is not welcome in this platform.
Since hydax exchange is just a new exchange platform, it still needs More improvement and awareness to make it a competitive platform for trading.



Pros
  • Low trading fees
  • Supports multiple currency.
Cons
  • US - investors are restricted from investing in this platform.
  • Requires more improvement.