What is Margex?

With Margex’s highly scalable infrastructure and bank-level multilayered security, you won’t have to worry about your assets, so you have peace of mind when trading. The platform even provides a section with educational info about trading, so you can grow your knowledge.

Key Features and Advantages of Margex

Margex has some great benefits for both traders and investors. While the opportunities might seem meager to users who are looking only to buy crypto assets, the platform does not compromise even a bit when it comes to trading. Margex has a premium trading interface, options like leverage, and precise and accurate data. The platform also makes it easy for users to get started with a quick signup process and a beginner-friendly interface. To learn more about these and the other benefits Margex offers, take a look below:

Negatives and Disadvantages of Margex

Margex is a blessing for many traders or investors because of how easy the platform makes it for everyone to explore the crypto industry. However, Margex is missing some beneficial aspects, which could put a damper on your experience.

What Services Does Margex Offer?

Since Margex is a quality-focused cryptocurrency exchange that aims to provide everyone with the opportunity to trade and invest, it does bring a lot of features and functions essential to the modern crypto industry. It even offers video tutorials and brief guides to help its users understand the platform and the industry.

With the latest trading tools, advanced tweaking options, multilayered security and accurate charts, the platform ensures a seamless trading experience. But it has many other things to offer as well. Keep reading to learn about all the services of Margex.

Easy cryptocurrency purchases:  If you are looking for an easy and hassle-free crypto purchasing experience, check out Margex. The platform offers one-click crypto purchases. Because the platform supports credit and debit card payments, the whole process usually takes only a minute.

While purchasing, you might have to leave the exchange and visit the exchange’s partners, such as Changelly or Changenow. Payment merchants make it easier for the platform to let users buy cryptocurrencies without creating big hurdles for the exchange. In the end, you might have to pay a little fee to use those payment merchants, but the ease, flexibility and efficiency are definitely worth it.

Popular crypto assets to trade and buy:  Margex does not have the greatest diversity when it comes to cryptocurrencies. Some exchanges offer hundreds of crypto assets for purchase or trade. But Margex offers only a few popular cryptocurrencies.

While this is a huge downside for professional traders and investors, new users often love the idea of keeping options minimal. The following are nearly all the crypto assets that Margex currently offers its users:

• BTC
• ETH
• USDC
• USDT
• DAI
• USDP
• WBTC
• LINK
• TRX

Notice that the list contains the most popular crypto assets. Many of them are stablecoins, that you can trade against other coins, without worrying about volatility.

Fast, efficient and advanced trading interface:  Now comes the part that most traders look forward to. No experienced trader would opt for a crypto exchange without basic trading features in this advanced era of technology. That is where Margex comes in. It has a fast, efficient and advanced trading interface with almost every feature, be it ultra-fast order execution, precise market movements, concise data or customization.

From the left panel of the platform, traders can easily execute trades and tweak the settings to their liking. On the right panel is the order book along with the section on most recent trades. The lower panel is where you can find all of your open positions and related details. In the middle, you can evaluate the charts, toggle full-screen mode, use indicators, change the borders, replace candles and do much more to analyze the market.

Margin trading:  If you have limited funds, don’t worry–Margex has you covered. If you have never tried out margin trading, now is the time to learn about the benefits it offers. Margin trading multiplies the potential of your earnings by increasing your equity.

For example, if you plan to execute a trade with $10, but you choose to go with 10x leverage, your trade would be placed as $100, and even little market movements can make you quick profits. But if the market goes the wrong way, your funds will vanish just as quickly. That is why it is a good idea to first evaluate the market and its conditions before opening any orders with leverage.

Mobile apps for Android and iOS:  In this era of advancement, you should be able to trade wherever and whenever you want. Thanks to mobile apps, that’s possible with Margex. The mobile apps are designed similarly to the desktop platform, and they offer a smooth and fast experience.

Margex mobile apps are available for both Android and iOS users, and anyone can download them from their respective app stores.

Beginner-friendly platform:  Margex is a very beginner-friendly platform. Rather than making it complicated so it appears overly advanced, Margex has kept everything simple, including only the features and options that the common investor or trader needs. Right after signing up, you can either visit the wallet section to deposit or buy cryptocurrencies or stay on the exchange to start trading with your funds. In other words, you don’t have to explore the whole site just to find the option you are looking for.

Quick signup with no verification required:  You might have seen countless crypto exchanges that allow users to sign up within seconds. But have you ever seen a crypto exchange that does not require verification, documents, or a selfie with your identity card? Probably not! With Margex those hassles are stripped away, as the exchange does not require users to verify their identity.

40% referral commissions:  If you have friends or family members who are interested in trading, you can refer them to Margex, and in exchange, you will get a 40% rebate on their trading fee.

The best thing is that there is no cap on the number of people you bring to the platform. You can refer the platform to as many people as you want, as long as they create legitimate accounts. Every single time they pay the trading fee, you will receive the commission. So the more referrals you have, the more you earn.

Great customer support:  Every exchange that offers live chat solutions has good customer support in our eyes, and Margex is one of these. You are able to contact Margex whether you are registered or not.

Unfortunately, Margex’s live chat is not available 24/7. If you need help after hours, you can submit a ticket, and you will receive an email reply within a few hours.

Secured and safe trading environment:  Margex is a safe cryptocurrency exchange that offers bank-grade security to its users. It uses multilayered protective systems to avoid breaching or hacking. Not only that, all assets are stored in offline cold wallets so it is impossible for unauthorized persons to access them.

Broad trading guide section and video tutorials:  For traders and investors who are joining the exchange with a blank slate, this feature might seem like heaven. Margex hosts a section filled with many guides and tutorials, including video tutorials that help users to actually see how to perform different actions and implement them quickly. If you are new, I recommend you go through all the basics before diving into any trading market.

What We Don't Like About Margex

Before deciding on Margex, it is a good idea to consider the downsides. There are a few things that the platform needs to improve. Let’s take a look at the things we don’t like about Margex.

Very limited range of cryptocurrencies:  If you saw the list of crypto assets above, then you know the variety is limited. The platform offers 13 cryptocurrencies that users can trade or invest their money into. This definitely limits the experience of professional traders who look for diversity. It may even affect your experience if you are looking to invest your money in unique projects.

No diversity in trading markets:  Margex only offers users the option to margin trade. There is no spot trading available, and no ETFs, derivatives or fiat assets.

Margex Fees

Margex Deposit Fees

Margex does not charge its users to deposit cryptocurrencies on the platform. When purchasing digital assets, users must pay a fee to third-party payment merchants and not the exchange itself.

Margex Trading Fees

Margex follows a relatively simple fee structure when it comes to trading. They have a fixed trading fee for all assets. Makers pay 0.019% and takers pay 0.060%. As for the overnight funding fee, it varies depending on the asset you have chosen and the funding period.

Margex Fiat Withdrawal Fee

The platform does not support fiat withdrawals or deposits. Users can only use fiat to purchase crypto assets through third-party services.

Margex Crypto Withdrawal Fee

The crypto withdrawal fee depends on the asset you are withdrawing.

Pros and Cons of Margex

The Verdict

Having a secure, safe and anonymous exchange can offer you peace of mind, and Margex has been working on these aspects since its creation. The exchange has not only been successful in terms of security but also integrated trading options that can increase your earning potential. 

Margex offers a user-friendly platform with informational guides, customer support, and low trading fees. Remember, if you want to sign up with Margex, use our link here to receive $100 FREE bonus as a welcome offer! You will receive $50 as soon as you sign up, and another $50 when you make your first deposit of $300 or more. Not only that, but you will receive 15% of your first deposit as a bonus as well! For example, if your first deposit is $1,000, you will receive $150 free as a bonus. This is on top of your $100 bonus welcome offer, so you receive $250 total!

If you live in the USA, you won't be able to use Margex. You are better suited looking at our article on the best crypto exchanges for margin trading to find one that is available in the US. If you are looking for a more basic crypto exchange, read our article on the best crypto exchanges in the US (click here). There is also a table below that you can use to help compare the top crypto platforms.

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