ACE Exchange Review 2024
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- $1
- Mobile application
- Web-Plattform
- Investment plans with different risk levels and staking are available, and the commission amount does not depend on the trade turnover
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- $1
- Mobile application
- Web-Plattform
- Investment plans with different risk levels and staking are available, and the commission amount does not depend on the trade turnover
Our Evaluation of ACE Exchange
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
ACE Exchange is a high-risk cryptocurrency exchange with the TU Overall Score of 2.77 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by ACE Exchange clients on our website, Traders Union expert Anton Kharitonov does not recommend working with this broker, as, according to reviews, most clients are not satisfied with the broker. ACE Exchange ranks 155 among 173 companies featured in the TU Rating, which is based on the evaluation of 100+ criteria.
ACE Exchange takes all the necessary steps to ensure the safety and security of clients’ funds and personal data. Its main purpose is spot trading in cryptocurrencies, including trading for fiat. Its clients can trade exclusively with their own funds, as well as invest in digital assets.
Brief Look at ACE Exchange
The ACE Exchange was registered in 2018 in Taipei, the capital of Taiwan. It offers browser-based and mobile platforms for spot transactions with cryptocurrencies, including pairs with fiat Taiwanese dollars. In addition to active trading, the clients of the exchange have access to investment plans with different terms, and they can also earn from staking digital assets. The ACE Exchange cooperates with KGI Bank, which is part of China Development Financial Holding, which is in the field of KYC verification and bank trust custody.
- the ability to start trading with any amount;
- low trading commissions;
- account login protection using two-factor authentication and Google Authenticator;
- availability of investment programs for various needs;
- no fees for depositing funds and withdrawing them to the bank account of the partner network;
- a wide range of crypto assets, including rare coins and tokens;
- the use of advanced DDoS attack protection technologies.
- the exchange does not support margin trading and does not provide leverage;
- only Taiwanese dollars are available among fiat currencies;
- it's not possible to withdraw money to a bank card.
TU Expert Advice
Financial expert and analyst at Traders Union
The ACE Exchange is a startup crypto exchange based in Taiwan that offers spot trading in cryptocurrencies to traders worldwide. Because of its location, it has its own features. The main one is the ability to use only new Taiwan dollars (TWD) as a fiat currency. They can be deposited using ATMs or through online banking. To replenish the deposit from the card, it must be linked to a personal bank account and verified on the ACE Exchange.
Another nuance is that registration on this exchange is available to traders over the age of 20, and not from the age of 18, as on other platforms. At the same time, the geographical location of the ACE Exchange does not affect the language priorities. The exchange's website, trading terminals, and technical support are available not only in Chinese but also in English. Registration and verification can also be done in a language that is convenient for a user.
The ACE Exchange maintains low trading commissions on all assets, but fees for transactions with so-called "innovative pairs" are slightly higher. These include TWD fiat pairs with rare tokens. The exchange does not offer leverage or margin trading, so only spot trades are available. There are several investment solutions with which you can receive passive income; also, there is a referral program.
ACE Exchange Summary
| 💻 Trading platform: | Web platform based on TradingView, mobile apps |
|---|---|
| 📊 Accounts: | Standard |
| 💰 Account currency: | TWD, cryptocurrencies |
| 💵 Replenishment / Withdrawal: | Credit cards and ATMs of the KGI Bank, bank transfers via online banks and bank APP, and cryptocurrencies |
| 🚀 Minimum deposit: | $1 |
| ⚖️ Leverage: | No |
| 💼 PAMM-accounts: | No |
| 📈️ Min Order: | 0.000033 BTC, 0.1 BNB, 0.001 ETH, 0.01 LTC, 15 USDT, 1 XRP |
| 💱 Commission: | 0%-0.2% for makers, 0.1%-0.2% for takers |
| 🔧 Instruments: | Cryptocurrency pairs, TWD + crypto pairs, NFTs |
| 💹 Margin Call / Stop Out: | No |
| 🏛 Liquidity provider: | No |
| 📱 Mobile trading: | Yes |
| ➕ Affiliate program: | Yes |
| 📋 Orders execution: | Limit, market |
| ⭐ Trading features: | Investment plans with different risk levels and staking are available, and the commission amount does not depend on the trade turnover |
| 🎁 Contests and bonuses: | Discounts on commission for trading |
The ACE Exchange is an exchange for spot trading and investing in crypto assets. It offers a convenient mobile app and a web platform for conducting transactions, wallet management, and market analysis.
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Commissions & Fees
| Account type | Commission (minimum value) | Withdrawal commission |
|---|---|---|
| Standard | For a $1000 transaction: $1 for the maker $1.5 for the taker |
Yes |
The table below shows how profitable the ACE Exchange commissions are in comparison with the fees of other exchanges that offer spot trading in cryptocurrencies.
| Broker | Average commission | Level |
|---|---|---|
|
$1.3 | |
|
$6 | |
|
$20 |
Investment Options
The ACE Exchange is versatile in ways to earn money. Its clients can make a profit not only through active trading in cryptocurrencies but also by investing in digital assets. The ACE Exchange also offers a two-level referral program to generate passive income.
Investment plans and earnings by staking
The ACE Exchange offers investment plans with different risk levels. Thus, the trader determines his priorities by himself. So, it is possible to earn a high income with high risks or earn a moderate income using moderate risks. Either way, profits should be stable. In addition to the level of risk, the programs differ in financial instruments, the timing of the deposits of funds, and the size of the minimum investments required for participation.
Available investment plans:
conservative plan with a guaranteed income from 2% to 13%;
moderate plan with an expected annual rate of 6%-58%;
the risky plan looks at a potential profit for which in 90 days it can be 10%-41%.
ACE Exchange clients can also earn by holding USDT. Programs with terms from 7 to 365 days with an expected annual return of 8% to 21% are available. If the investor chooses a long-term option (more than 30 days), the accrued interest is reinvested monthly. Thus, the income from the second month is assessed based on compound interest. Also, the exchange occasionally offers earnings on staking the USDC stablecoin.
If you are a large investor and plan on investments over $10,000, contact us at vip-invest@tradersunion.com or by the feedback form on our website. Our professional team will take you through all the intricacies of the deal and all the steps from signing up to withdrawal of profits.
Referral program from the ACE Exchange
A client of the exchange, through whose link a new user is registered, receives a reward in the form of a cashback of his commissions.
The amount of the cashback varies. For a direct invitation, the partner receives 50% of the referrals' trading commission. If a 1st level referral connects his friends, then the exchange charges 10% of the fees of 2nd level referrals to the creator of the branch (the referrer).
User Satisfaction