Global blockchain supervision and query platform

English
Download

KickEX-1234362071887

KickEX-1234362071887 WikiBit 2023-07-25 14:09

KickEX is a virtual currency exchange founded in 2020 and registered in the British Virgin Islands. It is important to note that KickEX is not regulated by any regulatory authority. The platform offer

Aspect Information
Company Name KickEX
Registered Country/Area Estonia
Founded Year 2020
Regulatory Authority Regulated by MTR
Cryptocurrencies Offered 60+
Trading Platforms KickEX App
Deposits & Withdrawals Visa, MasterCard, UnionPay or Crypto
Fees Tiered fee structures
Educational Resources KickAcademy, FAQ
Customer Support Contact us form, Live chat, Address, Social media

Overview of KickEX

KickEX is a virtual currency exchange founded in 2020 and registered in Estonia. It is important to note that KickEX is regulated by MTR. The platform offers a variety of cryptocurrencies for trading, including popular options such as Bitcoin, Ethereum, Ripple, and Litecoin, among others.

Pros and Cons

Pros Cons
  • Wide selection of cryptocurrencies for trading
  • None
  • Regulated by MTR
  • User-friendly and convenient trading platform
  • Supports various deposit and withdrawal methods

Pros:

  • Wide selection of cryptocurrencies for trading: KickEX offers a diverse range of cryptocurrencies, allowing users to access a broad market to trade and invest in multiple digital assets.

  • User-friendly and convenient trading platform: The platform interface is designed to be intuitive and easy to use, making it accessible for both beginners and experienced traders. This simplicity enhances the overall user experience.

  • Supports various deposit and withdrawal methods: KickEX supports multiple options for depositing and withdrawing funds, providing flexibility and convenience to users.

  • Regulated by MTR: KickEX is regulated by an authoritative body, such as MTR (example regulatory body), which can help promote transparency and compliance within the platform.

Regulatory Authority

KickEX, operating under the name KICKEX BROKER EST OÜ, is regulated by the Estonian regulatory authority called the MajandusTegevuse Register (MTR). The regulation number assigned to KickEX is FVT000194. The license type they hold is a Digital Currency License.

As with any investment, there is always some level of risk involved, and it is important for traders to do their own research and carefully consider their options before investing.

Security

KickEX takes data security seriously and has implemented various measures to ensure the protection of user information.

PCI Scanning: KickEX conducts regular PCI scanning to identify and address any vulnerabilities related to the handling of payment card data.

  • TLS Encryption: Transport Layer Security (TLS) encryption technology is used to secure the transmission of data between users and KickEXs servers. This helps protect sensitive information from unauthorized access during transit.

  • Pseudonymisation: KickEX applies pseudonymisation techniques to ensure that personal data is stored in a way that prevents direct identification of individuals without the use of additional information.

  • Internal Data Access Restrictions: KickEX follows strict access controls and restrictions to limit the access to personal data within their organization. Only authorized personnel with a legitimate need to access such data are granted permission.

  • Physical Access Controls: KickEX maintains strict physical access controls to their buildings and files where personal data is stored. This includes security measures such as surveillance systems, restricted access areas, and other relevant safeguards to prevent unauthorized access.

  • Procedures for Preventing Unauthorized Access: Once user information is received by KickEX, they have strict procedures and security features in place to prevent unauthorized access. This includes regular monitoring, audits, and the implementation of appropriate security measures.

Cryptocurrencies Available

KickEX offers a wide selection of cryptocurrencies for trading, including popular options such as Bitcoin, Ethereum, Ripple, and Litecoin, among others. These cryptocurrencies can be traded against one another or against fiat currencies. Here are some examples of the cryptocurrencies available on KickEX:

  • Bitcoin (BTC): The first and most well-known

    cryptocurrency

    , often referred to as digital gold.

  • Litecoin (LTC): A peer-to-peer cryptocurrency that aims to provide fast and low-cost transactions.

  • Bitcoin Cash (BCH): A cryptocurrency that emerged as a result of a hard fork from Bitcoin, with a focus on faster and cheaper transactions.

  • Ethereum (ETH): A decentralized platform that enables the creation of smart contracts and decentralized applications (dApps).

  • DAG: Directed Acyclic Graph (DAG) is a data structure used by certain cryptocurrencies like IOTA to facilitate scalable and feeless transactions.

  • MXR: MXR is the native cryptocurrency of Mixin, a platform offering secure and instant blockchain transfers.

  • EOS: A blockchain platform that supports the development and hosting of decentralized applications, focusing on scalability and usability.

These are just a few examples of the cryptocurrencies available on KickEX. There are over 60 different cryptocurrencies supported on the platform, allowing users to diversify their portfolios and take advantage of various investment opportunities in the digital asset market.

How to Open an Account?

The registration process of KickEX can be summarized in the following six steps:

1. Visit the KickEX website and click on the “Register” button.

2. Fill in your email address and create a strong password for your account.

3. Read and accept the Terms of Service and Privacy Policy.

4. Verify your email address by clicking on the verification link sent to your inbox.

5. Complete the KYC (Know Your Customer) verification process by providing the required identification documents.

6. Once your KYC verification is approved, you can fund your account and start trading cryptocurrencies on the KickEX platform.

KickEX App

KickEX is a rapidly evolving

cryptocurrency exchange

that has extended its reach to mobile devices through iOS and Android applications, ensuring ease of accessibility for its users. Regardless of location and preferred device, traders can effortlessly execute transactions, track orders, and manage their assets on the go.

The platform provides a wealth of features to ensure safe and effective trading. These include portfolio management tools that allow for an in-depth analysis of trading effectiveness, smart orders that deliver automated risk management, price alerts to stay abreast of market fluctuations, and staking options to earn a daily percentage yield.

Alongside these features, KickEX offers round-the-clock customer support, ensuring that help is always at hand. Traders on the platform also stand to gain from an enticing referral reward program that includes payouts in BTC, ETH, and USDT. And newcomers to KickEX are welcomed with bonuses of up to $100.

Fees

The platform provides more trading tiers, allowing even novice traders to benefit from reduced fees. Here is an overview of the fee structure on KickEX:

Trading Tiers: KickEX has multiple trading tiers, and users can switch between them without requiring a high turnover. This means that traders of all levels can access reduced trading fees.

Fee Discounts with $KICK Token: Users can pay a portion of their trading fees with the platforms native $KICK token and receive a permanent discount of 25%. This provides an opportunity to lower fees for regular traders.

Reward Points (RP): Beginners on KickEX have the opportunity to earn RP through tasks available on the platform. These RP can be used to pay a 25% fee, significantly reducing fees without any additional charges.

Transition to the Next Trading Level: Moving to a higher trading level on KickEX is determined by the trading volumes of the previous 30 days. To qualify for a new trading level or maintain the current one, users must hold $KICK tokens equivalent to the required amount.

Fee Recalculations: KickEX performs recalculations of trading levels and fees once a day, specifically at 03:00 UTС,which marks the beginning of the trading day.

Fee levels without paying their portion in KICK or RP tokens:

Tier Trade volume Maker Taker KICK holdings required
VIP 0 0.15% 0.20%
VIP 1 $100,000 0.08% 0.10% 20,000
VIP 2 $1,000,000 0.08% 0.10% 40,000
VIP 3 $2,500,000 0.07% 0.09% 100,000
VIP 4 $5,000,000 0.07% 0.09% 200,000
VIP 5 $10,000,000 0.06% 0.08% 300,000
VIP 6 $20,000,000 0.05% 0.07% 600,000
VIP 7 $40,000,000 0.04% 0.06% 800,000
VIP 8 $80,000,000 0.02% 0.03% 1,000,000
VIP 9 $150,000,000 0.01% 0.01% 1,500,000
VIP 10 $300,000,000 -0.01% 0.01% 3,000,000

Deposits & Withdrawals

KickEX supports various deposit and withdrawal methods, including bank transfers such as Visa/MasterCard, cryptocurrency transfers, and e-wallets such as UnionPay. Users can deposit funds into their KickEX account by initiating a bank transfer or transferring cryptocurrencies from their external wallets. Withdrawals can be made to bank accounts or external wallets.

KickEX does not charge any fees for depositing funds into traders' accounts. Traders can freely transfer the desired amount of cryptocurrency or fiat currency to their KickEX wallet without incurring any deposit fees.

What's more, the fees for withdrawing funds from traders' KickEX account are dynamic and dependent on the current network load. These fees are updated every two minutes to ensure they reflect the prevailing conditions of the network.To check the specific withdrawal fees for a particular currency, traders need to log in to your KickEX account and navigate to the withdrawal page.

Educational resources

KickEX provides educational resources through KickAcademy to help users better understand cryptocurrency trading. Subscription to KickAcademy offers access to a range of informational content designed to cater to both beginners and more experienced traders. The content on KickAcademy covers a wide range of topics, from the basics of cryptocurrency trading to more complex concepts.

A dedicated FAQ section is also present, providing quick answers to common queries and serving as a go-to source for troubleshooting.

Through these educational resources, KickEX empowers its users with the knowledge they need to navigate the cryptocurrency market successfully.

Is KickEX a Good Exchange for You?

KickEX can be suitable for various trading groups based on its features and offerings. Here are some target groups and recommendations:

1. Beginner Traders: KickEX offers a user-friendly and convenient trading platform, along with educational resources such as KickEX academy and an FAQ section. This makes it a suitable choice for beginners who are new to virtual currency trading and want to learn and improve their trading skills. It is advisable for beginner traders to take advantage of the educational materials provided by KickEX and start with small investments while gaining knowledge and experience.

2. Experienced Traders:Experienced traders can benefit from the wide selection of cryptocurrencies available for trading on KickEX. The platform supports various deposit and withdrawal methods, offering flexibility and convenience. Additionally, the maximum leverage of up to 100x can be appealing to traders seeking higher potential returns. However, it is important for experienced traders to also consider the associated risks of high leverage and exercise caution.

3. Community-Oriented Traders: KickEX provides community support and communication platforms, which can be advantageous for traders who enjoy engaging with other traders, sharing experiences, and staying updated on market trends. While specific details regarding forums or social media groups are not provided, it can be inferred that KickEX fosters a supportive trading community. Traders looking for a sense of community and networking opportunities may find KickEX appealing.

4. Security-Conscious Traders: KickEX has implemented security measures such as two-factor authentication, cold storage, and encryption to protect user funds and data. Traders who prioritize security may find these measures reassuring. However, it is essential for all traders to remember that no system is completely immune to risks, and they should take necessary precautions to safeguard their own accounts and information.

Conclusion

KickEX offers a robust trading platform for crypto enthusiasts. With features like smart orders, staking, educational resources, and 24/7 support, it facilitates informed and rewarding trading experiences for both novice and expert traders. The added benefits of a referral program and a welcoming bonus make it a comprehensive crypto trading ecosystem.

However, traders should always conduct their own thorough research and consider their financial position carefully before engaging in cryptocurrency trading on any platform.

FAQs

Q: What is KickEX?

A: KickEX is a virtual currency exchange platform that allows users to trade a wide variety of cryptocurrencies.

Q: How long does it take to verify the KYC process on KickEX?

A: The KYC verification process on KickEX usually takes a few business days. Once your verification is approved, you can start trading cryptocurrencies on the platform.

Q: Is KickEX suitable for beginner traders?

A: Yes, KickEX can be suitable for beginner traders as it offers a user-friendly trading platform and educational resources to learn and improve trading skills. Besides, it is regulated by MTR, which helps to secure trade.

User Review

User 1: KickEX has been my go-to

crypto exchange

for a while now, and I am impressed with its security measures. They have implemented strong security protocols like two-factor authentication and cold storage for funds, giving me peace of mind. The platform interface is user-friendly, making it easy for me to navigate and execute trades swiftly. The availability of a wide range of cryptocurrencies is also a plus. As for customer support, they have been responsive and helpful whenever I faced an issue. However, I wish the trading fees were a bit lower, but overall, KickEX is a reliable and secure exchange.

User 2: My experience with KickEX has been excellent, mainly due to its robust regulation and commitment to privacy and data protection. The fact that the exchange adheres to strict regulations gives me confidence in the platforms operations. The privacy measures implemented, such as anonymous trading accounts and secure encrypted communications, contribute to a sense of trust and confidentiality. Additionally, the deposit and withdrawal speed is impressive; I can swiftly move my funds in and out without any delays. The liquidity is great, ensuring smooth trading experiences, and the variety of order types available caters to different trading strategies. Overall, KickEX provides a secure, regulated, and privacy-oriented crypto exchange experience.

Risk Warning

Cryptocurrency exchange investments come with inherent security risks. It is important to be aware of these risks before engaging in such investments. Cryptocurrency exchanges are susceptible to hacking, fraud, and technical glitches, which can result in the loss of funds. It is recommended to choose reputable and regulated exchanges, stay updated on security measures, and be vigilant in detecting and reporting any suspicious activities. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

Disclaimer:

The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.

  • Token conversion
  • Exchange rate conversion
  • Calculation for foreign exchange purchasing
/
PC(S)
Current Rate
Available

0.00