Deepcoin
5-10 years
Active
Exchange
Regulated in Australia
Virtual Asset Service Provider (VASP)
Global Business
Visit Website

Basic Information

Country/Region
United Kingdom
Exchange AbbreviationDeepcoin
Company NameDeepcoin
Operating Period5-10 years
Websitehttps://deepcoin.com/
Exchange TypeCentralized Exchange

Score

0.00/10
2026-10-20 Rating

RiskNotice

3 risk alerts
Medium Risk 3

AUSTRACActive

Australia Virtual Asset Service Provider (VASP)

License No.
642492868
Regulatory Jurisdiction
Australia
Licensed Entity
DEEPCOIN PTY LTD
Effective Date
--
Sharing Status
No

Asset Strength≈

Bitcoin
1,498.96
Asset ReservesAverageCapital flowsStable24H VolLow

Asset Reserves

Exchanges with reserves exceeding 42.18%

38 /100
$122,640,000
USDT$42.93M

Capital flows

Exchanges with 24H outflows exceeding 13.99%

44 /100
-$55,937.65
0.05% Stable

Trading Volume

Exchanges with 24H trading volume exceeding 90.18%

32 /100
$704,580,000
37.22%

Currency Accepted

156Currency
156Trade
LiquidityNO.58
Currency/NameTradeUnit PriceChange24H Vol+2%/-2% Market DepthLiquidity
BTC
BTC/USDT$79,049.492.18% $924,991,457.05$1.29M/$1.40M791
XRP
XRP/USDT$1.481.54% $535,268,462.84$1.81M/$1.22M665
ETH
ETH/USDT$2,481.451.38% $349,305,573.82$790.43K/$588.80K742
SOL
SOL/USDT$96.341.00% $314,198,688.6$3.37M/$2.44M671
BNB
BNB/USDT$704.640.71% $150,793,249.29$1.68M/$1.86M609
ADA
ADA/USDT$0.220713382.24% $71,906,299.91$16.09M/$14.72M572
DOGE
DOGE/USDT$0.089605433.72% $70,939,078.62$1.47M/$1.13M615
TRX
TRX/USDT$0.343470820.07% $66,510,906.55$292.98K/$204.76K561
XAUT
XAUT/USDT$4,626.580.69% $55,826,911$792.61K/$1.14M652
PENGU
PENGU/USDT$0.009524580.42% $7,143,954.39$153.93K/$142.67K522

Exchange Overview

Exchange Overview

What Is Deepcoin?

Deepcoin is a leading cryptocurrency exchange committed to providing users with a secure, efficient, and innovative trading experience while known for its relentless innovation and long-term value proposition. Deepcoin's user-friendly platform includes spot trading, perpetual contracts and inverse perpetual contracts, backed by 24/7 multilingual customer support, empowering individuals and institutions to navigate the digital asset market with confidence and ease. Deepcoin continues to redefine the crypto trading landscape, delivering unparalleled innovation and exceptional user experiences.

Who Are the Founders of Deepcoin?

The exchange platform was founded by Eagle Huang. The CEO had over ten years of digital experience and was the head of a wealth management company with more than $7bn of assets under management.

When Did Deepcoin Launch?

Deepcoin was launched in 2018.

Where Is Deepcoin Located?

Deepcoin is headquartered in Dubai, United Arab Emirates, a global hub for innovation, finance, and digital assets.

Deepcoin Restricted Countries

According to the Deepcoin, residents of Hong Kong (China), Cuba, Iran, North Korea, Crimea, Sudan, Malaysia, Syria, United States, Puerto Rico, American Samoa, Guam, Northern Mariana Islands, or any other jurisdiction where the services offered by the exchange are restricted are not allowed to use the platform.

What Coins Are Supported on Deepcoin?

The platform has 216 active pairs, including the most popular trading ones like BTC/USDT, ETH/USDT, XRP/USDT, ETH/USD, and LTC/USDT. It also supports fiat currencies like USD, EUR, and GBP.

What licenses does Deepcoin hold?

* DEEPCOIN US LIMITED, United States of America, United States-Financial Crimes Enforcement Network (FinCEN), Licence number 31000246760600

* DEEPCOIN LIMITED, Canada, Canada-Financial Transactions and Reports Analysis Centre(FINTRAC), Licence number 1209596-3

* DEEPCOIN LABS DMCC, United Arab Emirates, United Arab Emirates DMCC Freezone-Proprietary Trading in Crypto-commodities Licence number DMCC-900097

How Much Are Deepcoin Fees?

Deepcoin offers a commission rate of 0.10% for both takers and makers in its Spot trading market. However, as of September 2022, all spot trading at Deepcoin Exchange was free.

Is It Possible To Use Leverage or Margin Trading on Deepcoin?

The crypto exchange supports margin trading, with a leverage of up to 125x.

Business Region

InfluenceA
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News

WikiBit Exchange Exit Risk Ranking #43: LBank — Japan FSA Says Its “Location Is Unknown,” Users Asked to Pay a $7,800 “Verification Fee” to Withdraw Funds

Introduction: An Exchange That Has “Won Countless Awards” Yet Cannot Be Found by Regulators  In the previous 42 editions, we investigated a series of exchanges ranging from HashKey to Bitstamp. In this 43rd edition, we take a closer look at one of the most controversial exchanges in terms of public image versus regulatory reality — LBank (Blue Shell).  When it comes to marketing and branding, LBanks profile looks impressive:  Founded in 2015, more than 20 million registered users worldwide, daily trading volume exceeding $10 billion, regional sponsorship of the Argentina national football team, ISO/IEC 27001:2022 certification, a $100 million futures fund, 10 years without major security incidents, and a team of more than 500 employees.  At first glance, it sounds like a major global exchange with a long operating history.  However, the other side of the story is very different.  In June 2025, Japan‘s Financial Services Agency (FSA) issued an official warning stating that LBank had an “unknown location and unknown representative”. WikiBit’s risk assessment gave LBank a score of 6.66 and flagged it for questionable regulatory licenses and high-risk concerns. The Ontario Securities Commission (OSC) in Canada also placed LBank on its investor warning list.  Meanwhile, users on platforms such as Trustpilot and Sikayetvar have complained

WikiBit Exchange Exit Risk Ranking #43: LBank — Japan FSA Says Its “Location Is Unknown,” Users Asked to Pay a $7,800 “Verification Fee” to Withdraw Funds
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WikiBit Exchange Exit Risk Rankings #40: XT.com — The “Social Exchange” with 12 Million Users, a CAD 2 Million Canadian Penalty, and Users Told to Pay “Tax” to Withdraw

Introduction: The Two Faces of an Exchange Awards Regular  In our first 39 installments, we investigated a range of exchanges, from HashKey to Tokocrypto. For Episode 40, we turn to a platform with an impressive trophy cabinet and a growing list of legal and regulatory troubles: XT.com.  XT.coms marketing credentials are certainly impressive. Founded in 2018, the exchange claims 12 million registered users worldwide, coverage across more than 200 countries and regions, support for over 1,300 tokens and 1,300+ trading pairs, and approximately $3.4 billion in daily trading volume. Headquartered in Dubai, it promotes itself as a socially integrated trading platform. In 2024, it received multiple industry awards, including recognition as a “Best Cryptocurrency Exchange.” It also regularly publishes Merkle tree proof-of-reserves reports, claiming reserve ratios of over 120% for BTC, ETH, and USDT.  On paper, does this sound like the perfect image of a global social trading exchange?  But there is another side to the story.  In 2023, Quebecs financial markets regulator, the Autorité des marchés financiers (AMF), ruled that XT.com had violated securities laws. In March 2025, the Ontario Securities Commission (OSC) followed up with a CAD 2 million administrative penalty and a comprehensive ban on XT.com conducting securities-related activities in Ontario.  In 2026,

WikiBit Exchange Exit Risk Rankings #40: XT.com — The “Social Exchange” with 12 Million Users, a CAD 2 Million Canadian Penalty, and Users Told to Pay “Tax” to Withdraw
10-10Deep Dive