AlphaX Review: Is It Safe? Fees, App & Ranking

AlphaX

3.46

2-5 years

Not Regulated

Exchange

Questionable Regulatory License

No Regulatory License

Be aware of the risks!

Basic Information

Country/Region

United Kingdom

Exchange AbbreviationAlphaX

Company NameALPHAX TECH PTY LTD

Operating Period2-5 years

Websitehttps://www.alphax.finance/

Exchange TypeDecentralized Exchange

0.00/10

Score

Regulation

Risk Control

Business

Reputation

Tech

RiskNotice

2 risk alerts

High Risk 1

Medium Risk 1

Exchange Overview

What is AlphaX?

AlphaX (ax) is a high-performance decentralized derivatives exchange that supports users to trade derivatives directly from on-chain custodial wallets with up to 200x leverage, without requiring KYC.

Technical Features

AlphaX eliminates centralization risks through transparent on-chain settlement, combining the matching speed of centralized exchanges with the security and privacy of decentralization, allowing users to always maintain full control over their assets.

Team

The platform is built by a team of experts in the fields of finance and blockchain technology, focusing on achieving ultra-low latency required for 200x leverage trading while ensuring the complete autonomy of users' assets.

News

WikiBit Exchange Exit Risk Ranking – Episode 58: YUBIT Claims to Hold a US MSB Registration, but No Record Can Be Found in FinCEN's Database

Introduction: An Exchange with Regulatory Credentials That Cannot Be Verified　　In the first 57 editions, we investigated a series of crypto exchanges, from HashKey to BTSE. For Episode 58, were taking a closer look at one with perhaps the most confusing identity of all: YUBIT.　　When it comes to its product offering, YUBIT certainly has something to show. Formerly known as SAFEX, the platform officially rebranded as YUBIT in October 2025. It supports approximately 313 spot trading pairs and 293 perpetual contract pairs, with leverage of up to 200x.　　Users can trade cryptocurrencies, gold, metals, and stock contracts through a single USDT account—an offering not commonly found on comparable platforms. YUBIT also claims to maintain a 20,000 ETH protection fund, conduct monthly Proof of Reserves (PoR) audits, and achieve 99.9995% uptime. Its marketing director, Moss Kirk, and founding team member, John Tan, have both made public appearances.　　But heres the other side of the story: WikiBit gives YUBIT a score of just 4.96/10, flagging that “the platform currently has no valid cryptocurrency regulatory oversight.” Its claimed Canadian FINTRAC registration (No. M21142533) remains unverified. Investors should exercise caution.　　An independent investigation by TraderKnows reached an even more concerning conclusion: YUBITs claimed US FinCEN MSB registration number,

18 hours agoDeep Dive

CPI Data Drops Tonight: Will Bitcoin Keep Falling or Stage a Powerful Rebound?

At 9:30 PM Beijing time on November 10, the United States will release its October CPI data. As the final inflation report before the Federal Reserves December policy meeting, it could play a decisive role in shaping expectations for the Feds next interest rate decision.　　This release comes with an unusual complication: because last years U.S. government shutdown resulted in missing baseline data, year-over-year figures for both headline and core CPI are likely to be unavailable. As a result, markets will have to rely heavily on month-over-month readings and individual components to assess the true direction of inflation.　　Meanwhile, Bitcoin has continued its downward slide, recently hitting a low of around $73,500. From its late-September rebound peak of $87,400, BTC has fallen approximately $13,000, representing a decline of 15.9%. Ethereum has suffered an even steeper correction, dropping from its rebound high of $2,806 to a recent low of $2,050, a maximum decline of 26.9%.　　So, what comes next？ Will Bitcoin continue falling, or is a powerful rebound around the corner？CPI Data: Unlikely to Reverse Rate-Hike Expectations, but Could Trigger Sharp Short-Term Volatility　　The current consensus forecasts are:　　Headline CPI MoM: +0.3% (previous: +0.6%)　　Core CPI MoM: +0.2% (previous: +0.3%)　　The most likely outcome is that both figures

2 days agoDeep Dive

WikiBit Exchange Runaway Risk Rankings – Episode 56: BloFin: Blacklisted by France's AMF, Delisted by India's FIU, and Ranked Last in On-Chain Reserves — How Long Can BloFin's “Polished Product” Hold Up?

Introduction: A Derivatives Exchange with a Polished Product but a Fragile Foundation　　In our previous 55 episodes, we investigated a wide range of exchanges, from HashKey to Coinbase. For Episode 56, were turning our attention to a rather specialized player: BloFin.　　When it comes to product design, BloFin does have some notable strengths. Founded in 2019 by Matt Hu, the founder of TokenInsight, the exchange officially launched in January 2023. Its core business focuses on perpetual futures and copy trading, offering 508 perpetual trading pairs, leverage of up to 150x, maker/taker futures fees of 0.02%/0.06%, and copy trading with a minimum starting amount of just 100 USDT.　　Its copy trading system offers three position modes, while its trader leaderboard additionally discloses risk-adjusted performance metrics such as the Sharpe, Sortino, and Calmar ratios — features that are relatively uncommon among comparable platforms.　　BloFin also claims to provide 1:1 asset reserves, Merkle Tree-based Proof of Reserves (PoR), independent monitoring by Nansen, and custody services through Fireblocks.　　However, the picture looks very different on the regulatory and financial fronts.　　BloFin is absent from ESMAs MiCA CASP register. Frances financial regulator, the Autorité des Marchés Financiers (AMF), has included it on its cryptocurrency blacklist since December 2024. On September 9,

Within 1 weeksDeep Dive