No Regulation

Score

0123456789.01234567890123456789
/10

VINDAX

China

|

5-10 years

Suspicious Regulatory License|

Medium potential risk

https://vindax.com/

Website

Yesterday Vol
7 Days
Rating Index
Influence

Influence

B

Influence Index NO.1

United Kingdom 2.94

Better than 98.38% exchange(s)

Biz Area

Search Statistics

Advertising

Social Media Index

Influence
B

Licenses

No effective regulatory information has been founded yet, please pay attention to the risks!

Exchange Info

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Company Name
VINDAX
Phone of the company
--
Company website
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Customer Service Email Address
--

WikiBit Risk Alerts

1
Previous Detection 2024-04-23

It has been verified that this Exchange currently has no valid regulation, please be aware of the risk!

Website

Genealogy

Social Media

Trade Type

Keywords

Time Machine

White Paper

Related Software

Github

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All Corps

New Arrival

Vol Stat

Influence

Yesterday Vol

7 Days

$ 5.045m

$ 5.045m

37.71%

$ 2.123m

$ 2.123m

15.87%

$ 1.196m

$ 1.196m

8.94%

$ 614,964

$ 614,964

4.59%

$ 506,188

$ 506,188

3.78%

$ 500,429

$ 500,429

3.74%

$ 449,387

$ 449,387

3.35%

$ 340,411

$ 340,411

2.54%

$ 291,749

$ 291,749

2.18%

$ 191,453

$ 191,453

1.43%

$ 158,608

$ 158,608

1.18%

$ 158,086

$ 158,086

1.18%

$ 144,309

$ 144,309

1.07%

$ 107,906

$ 107,906

0.8%

$ 104,156

$ 104,156

0.77%

User Reviews

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Aspect Information
Company Name VINDAX
Registered Country/Area China
Founded year 2017
Regulatory Authority No regulation
Cryptocurrencies offered 500+
Trading Platforms VinDAX
Fees Depend on VD balance, same for maker and taker ranging from 0.05%-0.1%
Funding Methods Cryptocurrency
Customer Support FAQ, Social media

Overview of VINDAX

Founded in 2017, VINDAX is a cryptocurrency exchange platform that facilitates exchange for cryptocurrency transactions, prioritizing well-optimized trading fees, a high level of security, and excellent efficiency. The platform has easy-to-use interphase that is easy to use for various levels of traders.

VINDAX's home page

Pros and Cons

Pros Cons
  • 24/7 support
  • Unregulatory authority
  • A range of cryptocurrencies offered

Pros:

1. 24/7 Support: VinDAX provides round-the-clock customer support, ensuring that users can get assistance and have their queries addressed at any time. This availability is valuable for traders, especially in a fast-paced cryptocurrency market.

2. A Range of Cryptocurrencies Offered: VinDAX offers a wide selection of cryptocurrencies for trading. This allows users to access a diverse range of investment opportunities and explore various digital assets within a single platform.

Cons:

1. Unregulatory Authority: VinDAX operates without the oversight and regulation of established financial authorities. This lack of regulatory authority may raise concerns for some users who prefer using platforms with more stringent regulatory frameworks to ensure transparency and protection.

Regulatory Authority

VINDAX currently has no valid regulation, which means that there is no government or financial authority oversighting their operations. It makes investing with them risky.

If you are considering investing with VINDAX, it is important to do your research thoroughly and weigh the potential risks against the potential rewards before making a decision. In general, it is recommended to invest with well-regulated exchanges to ensure your funds are protected.

Security

VinDAX takes security seriously and offers several measures to protect user accounts. One of these security features is Two-Factor Authentication (2FA). By enabling 2FA on your VinDAX account, you add an extra layer of security to your login process.

When you activate 2FA, you‘ll need to provide an additional verification code in addition to your password when logging in. This code is typically generated through a mobile authentication app like Google Authenticator or Authy. It ensures that even if someone manages to obtain your password, they won’t be able to access your account without the unique verification code.

security1.jpg

Cryptocurrencies Available

VINDAX trading platform provides support for a wide range of cryptocurrencies, offering users various options for trading and investment. Here are some examples of the cryptocurrencies available on VINDAX:

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).

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 VINDAX. There are over 500 different cryptocurrencies supported on the platform, allowing users to diversify their portfolios and take advantage of various investment opportunities in the digital asset market.

Cryptocurrencies Available

How to Open an Account?

The registration process for IG can be completed in the following six steps:

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

How to Open an Account?click on the Register button

2. Fill in the online form with your personal info such as email address and password.

fill in email address and password

3. Agree to the terms and conditions of VinDAX.

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

5. Complete the KYC (Know Your Customer) process by providing necessary identification documents, such as a passport or driver's license.

6. Once your account is verified, you can start trading and depositing funds into your VinDAX account.

Please note that the registration process may vary slightly depending on the platform's requirements and policies during different period. It is important to carefully read and follow the instructions provided by VinDAX during registration.

Services

Apart from its primary function as a cryptocurrency exchange, VinDAX also provides a host of other services designed to offer a complete digital asset ecosystem. Here are some of their additional offerings:

  • Savings: Designed for investors seeking steady returns, VinDAX offers savings accounts that can accrue interest.

  • Listing & Initial Exchange Offering (IEO): They provide a platform for new cryptocurrencies to get listed and raise funds through an IEO.

  • Apply for Listing: This feature allows crypto projects to apply for listing on the VinDAX platform, thereby providing them with access to a large and diverse wave of potential investors.

  • Apply for Launchpad (IEO): Crypto projects can apply for an IEO on VinDAX's Launchpad, which helps them raise funds and gain exposure in the crypto community.

  • Blockchain Services: VinDAX offers a variety of blockchain development services, allowing businesses to leverage this innovative technology.

  • DEX & CEX Development: Finally, VinDAX provides services for Decentralized and Centralized Exchange development, promoting a user-centric and secure trading environment.

  • Through these additional services, VinDAX enhances its value offering and broadens its appeal to a versatile group of users.

VinDAX App

VinDAX brings cryptocurrency trading to your fingertips with the VinDAX App, providing a seamless and efficient trading experience across various platforms.

The application is accessible on mobile devices, both Android and iOS, allowing users to manage their portfolios on the move.

For those who prefer trading on larger screens, the VinDAX App is also available on desktops and supports MacOS, Windows, and Linux systems.

This broad compatibility allows VinDAX to cater to a diverse group of traders, ensuring that no matter the device or operating system preference, users have easy and uninterrupted access to their accounts and the cryptocurrency market.

VinDAX App

Fees

The fees structure for the VinDAX platform based on different levels of VD holdings.

Level 0 (General): For VD holdings greater than or equal to 0, the Maker fee is 0.1000% and the Taker fee is also 0.1000%.

Level 1: For VD holdings greater than or equal to 50,000, the Maker fee is 0.0900% and the Taker fee is 0.0900%.

Level 2: For VD holdings greater than or equal to 100,000, the Maker fee is 0.0800% and the Taker fee is 0.0800%.

Level 3: For VD holdings greater than or equal to 200,000, the Maker fee is 0.0700% and the Taker fee is 0.0700%.

These fees apply to both Makers and Takers on the VinDAX platform. Makers are users who provide liquidity to the platform by placing limit orders, while Takers are users who remove liquidity by placing market orders.

For more details regarding trading fees for each coin, you can visit https://vindax.com/trading-rule.html.

Level VD holdings Maker Taker (VD) Maker (VD)Taker
General >=0 0.10% 0.10% 0.08% 0.08%
1 >=50,000 0.09% 0.09% 0.07% 0.07%
2 >=100,000 0.08% 0.08% 0.06% 0.06%
3 >= 200,000 0.07% 0.07% 0.05% 0.05%

Deposits & Withdrawals

VINDAX primarily supports cryptocurrencies as a means of funding. This feature is in direct response to the rising adoption and focus on digital assets. Users can deposit and withdraw funds using a broad range of cryptocurrencies. This not only caters to those deeply involved in the cryptocurrency market but also simplifies transactions, potentially reducing processing times and transaction costs.

Is VINDAX a Good Exchange for You?

VINDAX may be suited for a diverse group of users, including:

1. Experienced Traders: Seasoned traders can benefit from a wide range of cryptocurrencies offered for trading and the robust features included in the VINDAX app.

2. Tech-Savvy Users: With its blockchain services and DEX & CEX development, VINDAX caters to the needs of users looking to leverage these modern technologies.

3.24/7 Traders: For those who want to trade anytime, anywhere, VINDAX's mobile and desktop apps provide access on multiple platforms.

4. Crypto-Only Investors: As they only support cryptocurrencies as a funding method, VINDAX would be a good fit for those who primarily operate in the digital currency realm.

5. Start-up Crypto Projects: Start-up crypto projects can take advantage of their IEO support and apply for listing to raise funds and gain exposure.

But as always, the suitability depends on individual trading and investment needs.

Conclusion

VINDAX is a versatile crypto exchange offering not just a platform for trading a wide range of cryptocurrencies, but also a host of other services such as savings accounts, listing & IEO services, blockchain services, and DEX & CEX development. With a user-friendly app available on various platforms and an exclusive focus on cryptocurrency as a funding method, VINDAX primarily caters to digital currency enthusiasts, tech-savvy users, and start-up crypto projects. However, its suitability will depend on individual needs.

Overall, VINDAX is beyond a traditional exchange; it's an all-encompassing crypto ecosystem.

FAQs

Q: Is VINDAX regulated?

A:No. It has no regulation.

Q: What kinds of users and organization types does VinDAX work with?

A: VinDAX works with these users and organization types: Mid Size Business, Small Business, Enterprise, Freelance, Nonprofit, and Government.

Q: Does VINDAX require KYC?

A: Yes, it does, and this KYC determines the amount of withdrawal a user can make per day.

Q: Is VINDAX a good crypto exchange for beginners

A: No. It is not suitable for new traders because of its unregulated condition.

User Review

User 1: Hey guys, just wanna share my experience with VinDAX crypto exchange. First off, the security is top-notch! I feel safe knowing they use advanced encryption and 2FA authentication. Plus, they have a solid privacy policy that respects user data. As for regulation, they could improve in that area. It would give me more peace of mind if they were fully regulated. The interface is sleek and user-friendly, making trading a breeze.

User 2: Yo, just used VinDAX for the first time and I gotta say, it‘s pretty solid. Security is tight, they have all the necessary measures in place to protect my funds. Regulation-wise, it’s still a bit of a grey area but hey, crypto is all about freedom, right? The interface looks dope, easy to navigate, and the charts are on point. Liquidity is decent, didnt face any issues executing my trades. They have a good variety of cryptocurrencies available, I found all the popular ones I wanted to trade. Customer support is responsive and actually helpful, which is a huge plus. Trading fees are fair, not overly expensive. I do wish the deposit and withdrawal speed was faster though, gotta have that quick access to my funds.

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.