KCEX Review

KCEX Review

Robert McDougall 

April 18, 2024


What is KCEX?

KCEX is a centralized cryptocurrency exchange offering a diverse, low-fee, and secure trading experience. Established in 2021, this relatively-new trading platform features a decent range of spot markets, as well as futures pairs with up to 100x leverage. 

  • Web Address: https://www.kcex.com/
  • Main Location: Seychelles
  • Deposit Methods: Direct crypto deposits through wallets or other exchanges
  • Deposit Fee: No deposit fee
  • Fiat Currencies: Not supported
  • Mobile Apps: Available for Android devices
  • Cryptocurrencies: BTC, ETH, USDT, BCH, and 80+ more
  • Withdrawal Fees: Varies depending on network conditions
  • Trading Fees: 0.0% Maker/Taker for Spot | 0.0% Maker, 0.03% Taker for Futures

My overall thoughts on KCEX

I thoroughly enjoyed trading crypto at KCEX, thanks to the low fees, advanced features and benefits such as airdrops and regular events. There were dozens of crypto pairs to explore, and the exchange has high liquidity, ensuring my trades were always executed quickly with minimal slippage. Here are the top three points that made KCEX stand out to me when I reviewed it in 2024:

  • Low trading fees: KCEX is a low-fee crypto exchange with zero spot trading fees, and 0.0/0.04% (maker/taker) for futures traders. However, I was able to access even lower futures trading fees of 0.03% for takers by signing up with this unique link here.
  • No KYC required: I like to keep my trading anonymous, and this is becoming increasingly difficult as many crypto trading platforms have now implemented KYC to conform with regulations. One of the best features of KCEX is that they do not require any ID verification, so you can maintain your privacy and security.
  • Mobile compatibility: While I do the majority of my trading on desktop, I also use my mobile to trade quite frequently. I like keeping up to date with the markets, and watching for price swings so I can make quick profits while day trading. KCEX's mobile app for Android makes it extremely convenient to trade on my phone no matter where I am. I noticed that the app is not yet available for iOS, but iPhone users can still easily access KCEX from their browser.

One disadvantage is that KCEX does not have the option to buy or sell cryptocurrencies directly with fiat. However, this is fairly common with dedicated crypto trading platforms, and it is simple to withdraw your crypto to fiat using a separate crypto exchange.

Key Features and Advantages of KCEX

KCEX comes with some great features and advantages which make them stand out from their competitors. The exchange has high liquidity and instant order fulfillment, a user-friendly interface, quick customer support, rewards, and more. Here is a quick look at the key features of KCEX:

Negatives and disadvantages of KCEX

While I think KCEX is a pretty good exchange for crypto trading, there are a couple of areas for improvement:

What services does KCEX offer?

I will explain in detail below the services and features that KCEX offers, to help you decide whether it is a good fit for your crypto trading needs. 

Beginner-friendly exchange, with No KYC 

KCEX is a beginner-friendly platform, and I found it easy to navigate through all the available options, explore markets, check out different features, and set up my preferences through account settings. Every feature was easily identifiable in the menu, making it easy to manage my portfolio, make transactions, keep track of open orders, or set up my profile. Although I am an experienced crypto trader, I think that if I was completely new to crypto trading, I would have no problems navigating and using KCEX.

I also liked the quick sign-up process at KCEX. All I had to do was provide my email address or phone number to get started, and then I could make a crypto deposit directly from my crypto wallet. KCEX doesn't require any KYC which means you can remain completely anonymous while you trade.

Easy and fast crypto deposits and withdrawals

Making deposits and withdrawals was a piece of cake at KCEX. To make a deposit, all I had to do was select the asset I wanted to deposit from the deposit section, copy the deposit address, and send funds from my wallet. The deposit speed depends on the number of network confirmations required, but I never had to wait more than a few minutes for the funds to show up in my account.

The process was just as easy for withdrawals - simply select the asset, choose the amount, and the withdrawal address. The withdrawal showed up in my wallet after the network confirmations were completed.

KCEX also allowed free crypto transfers between KCEX users. I sent funds to my friend who is also a KCEX user and the transfer was instantly completed without any fees.

Supports 85+ popular cryptocurrencies

While KCEX does not have hundreds of coins like other platforms, they do support all the popular cryptocurrencies such as BTC, ETH, XRP, BCH, LTC, dozens of meme coins like Doge and Shiba, AI coins like FET, Layer 1 and Layer 2 coins, and many more. Overall, I liked the idea of KCEX keeping their cryptocurrencies limited to only well-known coins instead of bringing hundreds of shitcoins to their platform.

Keep in mind, this means if you like trading newly launched projects or meme coins with a low market cap, KCEX is not the exchange for you. However, if you are looking to trade high liquidity and high volume cryptocurrencies, KCEX is a top choice.

Trade futures or spot

KCEX caters to two different types of traders. First, there are those who prefer to trade on the spot by buying a coin at a particular price, and then selling it when it increases in value. Second, those like me, who trade futures and perpetual contracts by borrowing money from the exchange to trade with a higher equity. 

If you are new to crypto trading, I recommend starting with spot trading. Even if the market goes down, you will still own your crypto, and in the long term, there is a chance that you end up making a profit. On the other hand, while futures trading is more rewarding, it is also far riskier. If the market moves in the opposite direction to what you were expecting, you can get liquidated very quickly, meaning your initial investment is completely gone.

Advanced trading layout with customizability

I have been trading cryptocurrencies for seven years and prefer trading with advanced tools, detailed graphs, and the ability to customize the entire interface. Thankfully, KCEX did not disappoint and brought all the latest trading features and functions for me to use.

First off, each trading pair at KCEX, whether on the spot or futures market had a dedicated page. This consisted of the pair chart, the order book, the trade history, and a section on the right-hand side from where I could initiate orders. I could switch between the original chart integrated in KCEX, the Tradingview chart, or the depth chart to help me make trading decisions. I could also select different timeframes and the chart would adjust itself accordingly. The options to use trend lines, horizontal lines, drawing tools, channels, retracements, and other features were also available. I also enabled several indicators right from the top of the chart to make me understand the market better with in-depth analysis.

I could easily place orders from the right-hand side window. I could also keep track of my open orders, closed orders, and complete trading history from the section at the bottom of the screen.

High liquidity and quick order processing

One of the primary selling points of KCEX is the high liquidity for all of their spot and futures trading pairs. High liquidity ensures that all your trade orders are processed quickly without having to wait. You can even trade future pairs at KCEX with up to 100x leverage, and it will be executed without any issues. I tried it myself by placing a futures order on Bitcoin with a leverage of 50 times, and it was executed instantly. I closed it a few hours later and there were no issues whatsoever.

Mobile-compatible platform with a dedicated app for Android

I was also able to use KCEX easily on my phone and tablet which allows me to trade on the go, opening and closing orders instantly without worrying about missing opportunities.

To get started, I simply searched for KCEX on Google Play Store, installed the app, logged in, and started trading. If you are using an iOS device, there is no app currently available, but you can access KCEX official website from your mobile browser. Both options work flawlessly and provide you with a convenient trading experience on your portable device. I spent several hours testing the KCEX mobile app and found I could easily navigate, check out the markets, place orders, close positions, make deposits and withdrawals, and set up my profile.

Sign-up bonus, airdrops, and regular events

KCEX is one of very few crypto trading platforms that welcomed me with a new-user bonus upon signing up. They offered me up to $6,300 bonus which could be used to trade futures. However, to unlock these bonuses, there were certain tasks to be completed, as listed below. 

  • On making a first deposit within five days (≥100 USDT): 10 USDT
  • First future trade amount within 15 days (≥2,000 USDT): 10 USDT
  • Total future trading volume ≥ 200,000 USDT: 30 USDT
  • Total future trading volume ≥ 500,000 USDT: 50 USDT
  • Total future trading volume ≥ 1,500,000 USDT: 200 USDT
  • Total future trading volume ≥ 10,000,000 USDT: 1000 USDT
  • Total future trading volume ≥ 50,000,000 USDT: 5000 USDT

Most regular traders will not be able to trade a total of 50 million USDT and receive the maximum bonus, but if you are a big trader, you can take advantage of this. Personally, I received 20 USDT bonus after using KCEX for two weeks. It was easy to make a deposit of 100 USDT upon sign-up, and trading over 2,000 USDT was also achievable. 

Besides the welcome bonus, KCEX offers airdrops, 0-fee trading events, and other promotions that users can participate in. I recommend keeping an eye on their latest events sections to see if anything sparks your interest.

Premium customer support and access to educational content

I can vouch for the customer support of KCEX as I got in touch with the support team several times and always had a wonderful experience. I had the option to either chat live with their officials or open a ticket and send them an email through the help center. I always prefer live chat option as it is the quickest way to resolve any issues. The live agents understood my issue and resolved it quickly. They were always professional and friendly and the wait time was always under one minute.

KCEX also had a lot of useful content in their help center. I was able to find dozens of articles and guides regarding trading, spot markets, futures, fees, and other aspects, explaining how everything works. If you are new to the crypto scene, I recommend spending some time exploring the help center.

Advanced security protocols

I was very impressed by the security protocols at KCEX. I could set up Google Authenticator for my account, enable SMS notifications by linking my mobile number, enable an anti-phishing code, set up withdrawal addresses and contacts, and of course set up a strong password. KCEX would show me if my account security level is low or high based on my settings, and I could easily enable additional features to enhance my security.

KCEX also comes with SSL encryption so you can trust your funds and data are always secure.

What I don't like about KCEX

Buying and selling crypto using fiat is not supported

This is not ideal for users who do not already own any crypto, as the only way of depositing funds to KCEX is via crypto wallets. While other crypto trading platforms partner with third-party payment merchants such as Moonpay to allow crypto purchases, KCEX does not have this option at the moment.  

The iOS app is not available

If you own an iPhone or an iPad, your only option is to access KCEX is from your mobile browser. I got in touch with the support team to ask when they were releasing an iOS app, and the support agent assured me that the iOS app is coming soon. 


KCEX Deposit Fees

KCEX does not charge a deposit fee. However, you might have to pay a network fee when you make a transaction from your crypto wallet or another exchange to your KCEX account. The network fee will vary depending on circumstances such as the selected network, network congestion, and the coin transferred.

KCEX Trading Fees

KCEX boasts zero trading fees for spot traders, so you can keep more money in your pocket, which is particularly useful for large volume traders. For futures trading, the fee for makers is also 0% and only 0.04% for takers. The great thing was that I found a unique sign up code which gave me 0% / 0.03% (maker/taker) fees for futures trading. This is accessible via this link here.

KCEX Withdrawal Fees

While KCEX does not charge a fee when processing withdrawals, they do charge an on-chain network fee which is mandatory for crypto transactions. The withdrawal fee varies widely depending on what network you have selected, the crypto you are withdrawing, and the time of day. You can get an idea of the fee by visiting the withdrawal page at KCEX, selecting the asset, and then selecting your preferred network.

Pros and Cons of KCEX

  • Futures and spot trading markets are offered
  • Advanced trading layout, high liquidity, and high leverage
  • Compatible with mobile devices
  • Fast and professional customer support
  • Signup rewards, regular events, and more promos
  • No mobile app for iOS devices
  • Fiat currencies are not supported

The Verdict

KCEX is a great place for no KYC crypto trading. They offer over 80 popular cryptocurrencies that can be traded on spot or futures markets with 100x leverage. The trading fees are very low, and liquidity is high, meaning all orders are fulfilled almost instantly. I also enjoyed the signup bonus I received at KCEX, and large volume traders will be able to maximise this, by claiming $6,300 in bonuses. Deposits and withdrawals were quick and the support team was always available to help out. While KCEX doesn't accept fiat currencies, this is not an issue for most users who already own crypto and are looking for a platform where they can trade with low fees.

Frequently Asked Questions

Is KCEX legit?

KCEX is a legitimate cryptocurrency exchange that has been operating smoothly since their launch in 2021. The exchange utilizes the latest security protocols like SSL, 2FA, anti-phishing, KYC, and other features to ensure a safe and secure trading experience for their users.

Can you buy cryptocurrencies at KCEX?

KCEX does not currently offer the option to buy or sell cryptocurrencies with fiat at their exchange. Users need to make direct crypto deposits to their KCEX account to start trading in the spot or futures market.

Does KCEX have an app?

Yes, KCEX has a dedicated mobile app for Android users; the iOS app is currently in development and will be released soon. Mobile users can also access KCEX from their mobile browsers and start trading on the go.


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