20,0%
Top 3
10,0%
Top 5
7,0%
Top 10
5,0%
Top 20
1,0%
Top 40
0,5%
Top 100
0,2%
Top 100+
0,05%
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ApeX Review 2024
Minimum
deposit:
deposit:
- $1
Trading platform:
- ApeX Pro
Minimum
deposit:
deposit:
- $1
Trading platform:
- ApeX Pro
Trading features:
- Only three cryptocurrencies are available for trading, staking is available (limited-time offer)
Summary of ApeX Crypto Exchange
ApeX is a cryptocurrency exchange with higher-than-average risk and the TU Overall Score of 4.4 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by ApeX clients on our website, Traders Union expert Anton Kharitonov recommends users to consider a more reliable broker with better conditions, as, according to reviews, many clients of this broker are not satisfied with the company’s work. ApeX ranks 43 among 173 companies featured in the TU Rating, which is based on the evaluation of 100+ criteria.
ApeX is an exchange with a small choice of assets, no minimum deposit requirements and proprietary trading platform. Due to a limited choice of cryptocurrencies, this exchange is not for every trader, but will definitely be interesting to those interested in trading ETH, WBTC, iZi (Izumi Finance) with leverage.
NOTE!
If you are planning to trade cryptocurrencies, and not just keep your savings in crypto wallets, we recommend that you choose one of the top brokers with reliable regulation and access to trading crypto CFDs. This type of trading will help you avoid holding your cryptocurrency in e-wallets of exchanges, which quite regularly get hacked. Also, availability of leverage will allow you to trade crypto CFDs for amounts much higher than your deposit.
Traders Union experts recommend considering Top 3 companies from our rating:
Editorial Note: We are unable to verify the validity of reviews and publish all reviews, both positive and negative,
in accordance with the
Users Reviews Policy.
ApeX is a decentralized exchange launched in December 2021. The platform provides access to trading cryptocurrencies directly without intermediaries, including with leverage. APEX is the governance token of the exchange with a protocol that runs on the Ethereum blockchain through perpetual smart contracts. Clients of ApeX can earn passive income by holding the governance token in their internal wallet. The exchange offers Apex Pro, a proprietary web platform, and Android and iOS apps for trading and money management. All clients of ApeX – takers and makers – pay the same transaction fee.
| 💰 Account currency: | BTC, ETH |
|---|---|
| 🚀 Minimum deposit: | No requirements |
| ⚖️ Leverage: | up to 1:20 |
| 💱 Spread: | 0.1% |
| 🔧 Instruments: | Cryptocurrencies, bonds (soon) |
| 💹 Margin Call / Stop Out: | No |
👍 Advantages of trading with ApeX:
- Any minimum investment amount;
- Low trading fees;
- Availability of leverage;
- Passive income by staking the governance token;
- Referral program with two types of rewards;
- It is not mandatory to register on the exchange; users only need to link their wallet to it;
- User-friendly trading platform with TradingView charts.
👎 Disadvantages of ApeX:
- Very limited choice of trading instruments;
- Staking, bonuses and competitions are available from time to time, not on regular basis;
- No live chat to contact technical support.
Evaluation of the most influential parameters of ApeX
Trade with this broker, if:
- You are comfortable with decentralized finance (DeFi) as ApeX operates as a decentralized exchange (DEX), meaning it does not hold your funds, offering increased control and censorship resistance. This aligns with the principles of DeFi, providing users with more control over their assets and reducing the risk of centralized authority manipulation.
- You require no minimum investment amount, as ApeX does not impose any minimum investment requirements, making it accessible to users of all investment levels.
Do not trade with this broker, if:
- You require a wide choice of trading instruments, as ApeX may not offer a diverse range of trading instruments compared to other exchanges.
- You prioritize platforms that offer regular incentives and rewards programs. In that case, ApeX may not be the ideal choice for you.
Geographic Distribution of ApeX Traders
Popularity in
40.7%
FR
8.9%
VN
8.7%
US
3%
TW
3%
RU
29.7%
Others
User Satisfaction i
5 comments
Total score:
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Expert Review of ApeX
ApeX is a decentralized exchange that provides access to trading certain cryptocurrencies. The exchange provides leverage that enables traders to increase their potential profit, although the choice of coins is rather limited. At the time of this review, ApeX was offering access to trading the following pairs: ETH/USD, ETH/WBTC, iZi/USD and WBTC/USD. Leverage on all of them was up to 1:20.
All payment and trading transactions are executed on Apex Pro, the exchange’s proprietary platform. The platform broadcasts TradingView charts, which is why traders who have worked with them should not have any issues understanding how the proprietary platform works. ApeX Pro is available in two versions: browser and mobile.
ApeX tries to make cryptocurrency trading accessible to any person regardless of their equity and experience of working with digital assets. The exchange promises transparency at all stages and continued expansion of services and products. For example, in 2022, ApeX added the Take-Profit and Stop-Loss orders, and also promised to open access to social trading by the end of Q1 2023.
Dynamics of ApeX’s popularity among
Traders Union’s traders, according to 2023 data
Investment Programs, Available Markets, and Products of the Crypto Exchange
Passive income can be earned on the ApeX exchange by holding cryptocurrencies in your wallet. This solution is known as Staking. ApeX offers different staking options, but the reward is accrued exclusively for holding governance tokens of the exchange. Clients can also receive additional income for referring new clients to the exchange.
Extra income for holding APEX, esAPEX and veAPEX
Clients of the ApeX exchange that act as liquidity providers for certain pairs receive LP tokens esAPEX. After a 6-month holding period, they can be converted into the APEX cryptocurrency or locked for staking. Also esAPEX tokens are accrued as a reward for staking APEX. When an investor locks APEX or esAPEX coins in his/her wallet, he/she becomes the owner of veAPEX certificates. Their holders receive a 30% rebate for the trading fee on a weekly basis.
Two staking options are available:
With flexible conditions – allows to lock and unlock tokens at any time;
With a fixed staking period from 1 to 26 weeks.
The longer an investor stakes a token, the higher the yield. For example, if you choose the option with the fixed period of 26 weeks, the final reward doubles compared to the reward for staking tokens for 1 week.
Important!
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.
ApeX Partnership program
Under the referral program, traders can earn two types of rewards. The first one is 10% of the fees of each referral. And the second reward is a 3% cash back of derivatives trading fees.
Cash back for the fees is accrued only after you’ve referred at least 10 new clients. Compensation for fees is paid within one year after the 10th referred user registered.
Trading Conditions for ApeX Users
ApeX charges the same taker and maker fee. Traders can set market and limit orders. Users can link 8 wallets, including Metamask, Coinbase Wallet and Trust, to their account on ApeX, but the choice of currencies is limited to Bitcoin and Ethereum.
$1
Minimum
deposit
1:20
Leverage
24/7
Support
| 💻 Trading platform: | ApeX Pro |
|---|---|
| 📊 Accounts: | Standard |
| 💰 Account currency: | BTC, ETH |
| 💵 Replenishment / Withdrawal: | Cryptocurrency wallets |
| 🚀 Minimum deposit: | No requirements |
| ⚖️ Leverage: | up to 1:20 |
| 💼 PAMM-accounts: | No |
| 📈️ Min Order: | from 0 |
| 💱 Spread: | 0.1% |
| 🔧 Instruments: | Cryptocurrencies, bonds (soon) |
| 💹 Margin Call / Stop Out: | No |
| 🏛 Liquidity provider: | No |
| 📱 Mobile trading: | yes |
| ➕ Affiliate program: | Yes |
| 📋 Orders execution: | Market, Limit |
| ⭐ Trading features: | Only three cryptocurrencies are available for trading, staking is available (limited-time offer) |
| 🎁 Contests and bonuses: | Periodically |
Broker comparison table of trading instruments
| ApeX | Bybit | MEXC | Binance | Huobi Global | Cryptohopper | |
| Forex | No | No | No | Yes | Yes | No |
| Metalls | No | No | No | No | No | No |
| Crypto | Yes | Yes | Yes | Yes | Yes | Yes |
| CFD | No | No | No | No | No | No |
| Indexes | No | No | No | No | No | No |
| Stock | No | No | No | No | No | No |
| ETF | No | No | No | No | No | No |
| Options | No | No | No | No | No | No |
ApeX Commissions & Fees
Information
Traders Union experts analyzed ApeX focusing on all trading and non-trading fees. All trades are charged with the 0.1% transaction fee, regardless of 30-day trading volume, deposit amount and order types (Taker/Maker). Also there is a position liquidation fee. For depositing and withdrawing funds, ApeX clients pay network fees inside the blockchain.
| Account type | Spread (minimum value) | Withdrawal commission |
| Standard | From $1 | Yes |
TU experts also compared ApeX fees with the fees charged by other companies in order to ensure objectivity of assessment. The table below how ApeX conditions compare with those offered by competitors.
| Broker | Average commission | Level |
| ApeX | $1 | Low |
| Binance | $6 | Medium |
| Bybit | $20 | High |
Contacts
| Foundation date | 2018 |
| Official site | https://apex.exchange/ |
| Contacts |
Email:
support@apex.exchange,
|
Read also about other cryptocurrency exchanges:
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FAQs
Do reviews by traders influence the ApeX rating?
Any review can raise or lower the rating of any broker in the general list of brokers. To read reviews about ApeX you need to go to the broker's profile.
How to leave a review about ApeX on the Traders Union website?
To leave a review about ApeX, register on the Traders Union website or you can also leave a review through Facebook.
Is it possible to leave a comment about ApeX on a non-Traders Union client?
Anyone can leave feedback about ApeX on multiple participating clients; however, Traders Union clients also receive additional payments later for working with any broker listed at the Forex market.
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