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
- $5
- TradingView
- All major cryptocurrencies, no fiat, low fees, bonuses, and financial benefits from keeping the CATT token, many staking programs, standard referral program
Our Evaluation of Catex
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
Catex is a cryptocurrency exchange with higher-than-average risk and the TU Overall Score of 3.18 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by Catex 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.
The Catex Crypto exchange offers advantageous and comfortable trading in the crypto-to-crypto markets with commissions below the segment average. There are several ways to further reduce fees, including keeping the CATT token on your account, which provides other additional bonuses, including daily interest payments. The exchange does not have a mobile application, only a standard terminal in the browser. The referral program is a standard, one-level system. Investment decisions are represented by staking programs. The exchange is characterized by a high level of security, a large trading volume, and stable operation at peak loads.
Brief Look at Catex
The Catex exchange is a platform for active trading in crypto-to-crypto pairs. Bitcoin (₿), Litecoin (Ł), Ethereum (Ξ), Tether (₮), TRX, EOS, and other cryptocurrencies and tokens are traded on the exchange. Trading commissions are initially fixed and for most assets, the fee is 0.1%. The commission can be reduced by keeping the CATT token (the platform proprietary coin) on your account. Also, the storage of CATT allows you to reduce the commission for withdrawing funds.
The platform is characterized by high stability and performance, and the trading terminal is standard. There is a referral program with payments of 50% of the commissions of invited users. The investment is implemented in a staking format. The pool of crypto assets is constantly replenished through an open listing. Market API is available. There are no specialized solutions for novice traders, such as like demo accounts.
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- many assets for trading, and the number of coins is constantly growing;
- low trading fees that do not differ for taker and maker;
- keeping the CATT coin in the account reduces commission fees;
- holders of the CATT coin receive daily dividends;
- staking (contributions to blockchain projects) with a high level of profitability;
- significant payments for invited users (referrals);
- NoSQL (Not Only SQL) technology provides high performance;
- part of user funds are kept cold;
- 2FA authentication, cloud services, and other security measures.
- no pairing with fiat funds;
- communication with support only through tickets on the site.
TU Expert Advice
Financial expert and analyst at Traders Union
The Catex cryptocurrency exchange was launched in 2018. To date, the platform has been repeatedly checked by Traders Union’s experts and they didn’t find any facts of fraud or default on their clients’ obligations.
The platform works without hiccups, it uses modern solutions to ensure high performance including data caching, async, inverse index, and NoSQL technology. The architecture, distributed based on SNA and microservices, supports scale-out.
The exchange uses a standard TradingView browser terminal, and there is no mobile application. The TradingView functionality is typical, without modifications and integrations. Pairs for trading are only available for crypto-crypto assets. There are a lot of coins, and their number is constantly growing. Catex has the most popular deposit/withdrawal options. There is also an API.
The referral program is also standard. Investing is available in the form of staking, with constantly updated offers from partners of the platform. Interest payments are high, 2-46%, and some programs offer super profitability up to 240% per annum. Thus, the exchange is suitable not only for active traders of all levels but also for investors.
A key feature of the Catex exchange is its proprietary CATT token. It trades freely with other cryptocurrencies, it is beneficial for users to always keep a certain amount of the coin on the account. This gives you a discount on trading fees and significantly reduces withdrawal fees. Plus, you get daily dividends.
By the sum of the factors, the exchange is a market leader. It is also suitable for beginners, as it has favorable starting conditions. However, there are no demo accounts or training materials on the platform.
Catex Summary
💻 Trading platform: | TradingView (in a browser) |
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📊 Accounts: | Standard |
💰 Account currency: | Cryptocurrencies |
💵 Deposit / Withdrawal: | Electronic and cryptocurrency wallets (Электронные и криптовалютные кошельки) |
🚀 Minimum deposit: | $5 |
⚖️ Leverage: | No |
💼 PAMM-accounts: | No |
📈️ Min Order: | from 0 |
💱 Commission: | Spot: 0,1%-0,2% |
🔧 Instruments: | 130 supported coins. |
💹 Margin Call / Stop Out: | No |
🏛 Liquidity provider: | No |
📱 Mobile trading: | Yes |
➕ Affiliate program: | Yes |
📋 Order execution: | N/A |
⭐ Trading features: | All major cryptocurrencies, no fiat, low fees, bonuses, and financial benefits from keeping the CATT token, many staking programs, standard referral program |
🎁 Contests and bonuses: | Yes |
To start trading with the crypto exchange, you need to register, then verify your data. In the future, the sign-in will be carried out with verification via Google’s Authenticator. To get full access to the capabilities of the exchange, the client needs to deposit at least $5. The deposit is made in the equivalent of any assets available on the exchange for trading (the list of assets can be checked on the main page or in the corresponding section of the site). After that, the user of the exchange has the opportunity to trade without restrictions, relying only on his own funds. The exchange does not provide leverage. You can check with technical support for any points on the platform’s operation. The question is sent in the form of a ticket through the site, the answer will come by email. There are no alternative communication methods.
Catex Key Parameters Evaluation
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Regulation and safety
With a 5.25/10 score, Catex demonstrates a moderate level of security and regulation. While the platform meets basic safety standards, it may not offer the same level of protection as higher-rated exchanges.
- Cold wallet storage
- No successful hacks history
- 2FA
- Not U.S regulated
- Not tier-1 regulated
Catex Security Factors
We also compared Catex against the top two competitors with the highest scores in our overall ranking based on the most critical security indicators.
Catex | OKX | Kraken | |
Tier-1 regulation | No | No | Yes |
Government-regulated | No | Yes | Yes |
Investor protection fund | No | Yes | No |
2FA | Yes | Yes | Yes |
Facial recognition | No | Yes | No |
Cold wallet storage | Yes | Yes | Yes |
Successful hacker attacks | No | No | No |
Is Catex a regulated crypto exchange?
Catex is not currently regulated by any government authority, which is still a common occurrence in the cryptocurrency industry. While this doesn't automatically mean Catex is unreliable, government-regulated exchanges are generally considered more reliable due to the added oversight and client protection they offer.
Is verification (KYC) mandatory at Catex?
Yes, KYC verification is mandatory at Catex. You will need to complete the verification process before you can open an account and access the platform's full range of services.
In which countries is Catex available?
Catex complies with international sanctions and regional restrictions. Services are limited or unavailable in the following countries: Spain, United Kingdom, Malaysia, Canada, Netherlands, Singapore, Iran, Islamic republic, France, Czech Republic, Japan, Austria, China, Germany, Uzbekistan, Venezuela, Syrian Arab Republic, Botswana, Tanzania, United Republic Of, Zimbabwe, Namibia, Ethiopia, Jamaica, Zambia, Hong Kong, Afghanistan, Trinidad and Tobago, Brunei, Nepal, Serbia, Somalia, Cameroon, Rwanda, Slovenia, Eswatini, Croatia, Mongolia, Burma, Montenegro, Cambodia, Taiwan, Mozambique, Madagascar, Dominican Republic, Albania, Mauritius, Puerto Rico, Cote d'Ivoire, Laos, Macedonia, Papua New Guinea, Costa Rica, Luxembourg, Malta, Ecuador, Bahamas, Haiti. For the most up-to-date information on regional availability, please contact Catex support.
Is Catex available in the USA?
Yes, Catex is available in the USA. However, availability may vary by state due to local regulations. We recommend checking the official website or contacting support for up-to-date information specific to your location.
Catex commissions and fees
Catex received a 7/10 score for its trading fees. While Catex is not the cheapest crypto exchange, the fees remain reasonable and competitive within the market.
- Spot fee below industry average
- No deposit fee
- Withdrawal fee may be applied
- P2P fee applied
What are Catex trading fees?
We analyzed Catex’s crypto fees and compared them to the top two competitors, both of which hold high average positions in our rankings. To establish a comprehensive benchmark, we also calculated the average fee score based on an evaluation of over 100 cryptocurrency exchanges.
Catex trading fees vs competitors
Catex | Nexus Trade | Paxful | Industry average | |
Spot, maker fee (%) | 0,1 | 0,22 | 0 | 0.15 |
Spot, taker fee (%) | 0,2 | 0,22 | 0 | 0.194 |
What are Catex deposit and withdrawal fees?
Deposit fee, % | 0 |
Withdrawal fee, % | 0,0005 BTC 0,01 ETH |
Does Catex offer P2P trading?
No, Catex does not support P2P transactions. However, you can explore the best alternatives in our dedicated list of top P2P exchange platforms, offering a variety of secure options for peer-to-peer transactions.
Deposit and withdrawal
Catex received a 2.5/10 rating for its deposit and withdrawal services. Catex offers limited funding options and may charge fees, which could be inconvenient for many users.
- No deposit fees
- Many cryptocurrencies for deposits and withdrawals
- No Google Pay option
- No P2P transfer option
Deposit and withdrawal options
Catex supports the following deposit and withdrawal options: Crypto.
Catex Deposit and withdrawal options vs competitors
What is Catex minimum deposit?
The minimum deposit at Catex is 10 USD/USDT or 0,00001 BTC. The minimum trade size is 10 USD/USDT, which also serves as the minimum amount required to start trading on the platform.
Catex minimum deposit vs competitors
Catex | OKX | Kraken | |
Minimum deposit, USD or USDT | 10 | 10 | 10 |
Minimum deposit, BTC | 0,00001 | 0,0005 | 0,0001 |
Minimum trade amount, USD/USDT | 10 | 0,00001 | 1 |
Does Catex support fiat money?
Catex does not support fiat currencies; only cryptocurrencies are accepted.
Supported coins & markets
Catex received a score of 2.5/10 in this category, indicating a modest offering of assets and markets. While Catex covers essential trading functions, the number of supported coins, fiat currencies, and investment tools may be insufficient for users seeking more comprehensive options.
- Staking available
- Yield farming available
- Crypto futures not available
- Fiat currencies not supported
Catex supported coins and markets vs competitors
We compared Catex with leading exchanges in terms of supported coins, NFT access, and derivatives like futures and options to help users assess the platform’s product range and trading flexibility.
Catex | OKX | Kraken | |
Supported coins | 130 | 329 | 278 |
Futures/Perpetual contracts | No | Yes | Yes |
Options | No | Yes | No |
NFTs | No | Yes | Yes |
Catex passive income options vs competitors
We also compared Catex with top competitors in terms of passive income opportunities such as staking, farming, and copy trading, to help users evaluate the platform’s earning potential beyond regular trading.
Contacts
Foundation date | 2018 |
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Registration address | 6212, Jalan Ong Yi How, Taman Dedap, 13400 Butterworth, Penang, Malaysia |
Official site | https://www.catex.io/ |
Contacts |
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