deposit:
- $10
Trading platform:
- Proprietary platform
GOPAX Review 2024
deposit:
- $10
Trading platform:
- Proprietary platform
- Investment programs are available
Summary of GOPAX Crypto Exchange
GOPAX is a high-risk cryptocurrency exchange with the TU Overall Score of 2.75 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by GOPAX 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. GOPAX ranks 157 among 173 companies featured in the TU Rating, which is based on the evaluation of 100+ criteria.
The GOPAX cryptocurrency exchange opens access to the toolkit only after the client passes the verification process. To perform verification, you need to upload documents. The duration of identity verification depends on the workload of the managers and the GOPAX servers.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:
GOPAX is a digital asset exchange founded by the Streami Inc. tech company in 2017. The cryptocurrency exchange is officially registered in Korea with offices in Korea, Hong Kong, and Denver. Its license number is 432-87-00120.
Within a relatively short period, the exchange has gained an audience of more than 376 thousand traders, which has provided it with a confident position in the list of the Top 10 Exchanges in the World. GOPAX is a centralized exchange for trading digital assets, which means that there is supervision from the state and global regulatory authorities.
💰 Account currency: | USDC, KRW |
---|---|
🚀 Minimum deposit: | $10 |
⚖️ Leverage: | 1:1 |
💱 Spread: | Market |
🔧 Instruments: | Cryptocurrencies, USDC, KRW |
💹 Margin Call / Stop Out: | No |
👍 Advantages of trading with GOPAX:
- possession of an official license no. 432-87-00120 confirming that its financial activities are legal;
- the ability to trade various cryptocurrency pairs;
- optimal commission costs;
- the possibility of personal trading, i.e., working with experienced traders who select transactions that keep the client nearly always in the black;
- daily update of the markets;
- verification can be completed on the website without the need to download the mobile app;
- centralization — every transaction will be tracked by the regulator;
- deep liquidity;
- rapid regulation of markets.
👎 Disadvantages of GOPAX:
- the website has poor support for languages other than Korean;
- without mandatory verification, it will not be possible to make a deposit or withdraw earned funds;
- there are strict rules for using the exchange, and non-compliance may result in the trading account being blocked for an indefinite period.
Evaluation of the most influential parameters of GOPAX
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Expert Review of GOPAX
The GOPAX cryptocurrency exchange has been operating since 2017 and is registered in South Korea. The exchange is young and was created at the height of cryptocurrency hype, and when BTC and altcoins experienced phenomenal growth. Despite the fierce competition, this crypto exchange has positive financial results with a $6.8 million daily trading volume.
GOPAX is not just an exchange, it is also a cryptocurrency exchanger. The crypto exchange provides GOFI investment programs, which provide passive income from investments in digital assets. The GOPAX crypto exchange has major investment support from many companies such as Bluepoint Partners, Fenbushi Capital, Ryukyung PSG Asset Management, Digital Currency Group, TIPS Korea, ICB, and Strong Ventures.
GOPAX provides 55 cryptocurrencies for use, which is less than the number provided by more popular crypto exchanges. But the administration of the crypto exchange is gradually introducing new digital assets (for example, MiraQle, K-Tune, and Microtuber cryptocurrencies) under state control.
Dynamics of GOPAX’s popularity among
Traders Union’s traders, according to 2023 data
Investment Programs, Available Markets, and Products of the Crypto Exchange
A feature of GOPAX crypto exchange investment programs is its high-interest rate of 5% for investments in cryptocurrencies, which is offered every week. The administration of the GOPAX cryptocurrency exchange periodically launches GOFI investment rounds (events). They allow you to earn extra money on deposits with a fixed validity period of up to 45 days with an annual rate of up to 100%.
GOFI investment program
The essence of the program lies in the use of fixed and savings deposits in cryptocurrency. The GOPAX cryptocurrency exchange provides both high-yield fixed-term programs and flexible open-term investments. These are deposits that can be withdrawn to the user’s account or a cryptocurrency wallet, at any time.
At the moment, the GOPAX cryptocurrency exchange offers 10 Open Term investment programs for 7 days:
BTC — 1.75% reward in Bitcoin;
ETH — 1.75% reward in Ethereum;
BCH — 3.5% profit in BCH;
XLM — 2.5% reward in XLM;
LINK — 1.00% profit in LINK;
UNI — 1.5% reward in UNI;
AAVE — 1.00% profit in AAVE;
COMP — 1.00% reward in COMP;
SOL — 4.5% profit in SOL;
USDC — 5% reward in USDC.
It is possible to withdraw Open Term deposits at any time.
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.
GOPAX’s affiliate program
This crypto exchange program is aimed at ensuring uninterrupted liquidity. To participate in the partner program for GOPAX traders, you need to leave a request in the "Trader" section.
The affiliate program has four tiers:
Tier 1: With a trading volume over $500: the reward for the maker is 0%, and for the taker, it is 0.02%;
Tier 2: With a trading volume over $300: the reward for the maker is 0.01%, and for the taker, it is 0.03%;
Tier 3: With a trading volume from $100 and $300: the reward for the maker is 0.02%, and for the taker, it is 0.04%;
Tier 3: With a trading volume from $30 to $100: the reward for the maker is 0.03%, and for the taker, it is 0.04%;
Trading Conditions for GOPAX Users
The GOPAX cryptocurrency exchange offers low commissions of up to 0.040% on average. But commission costs can be further reduced by registering as a trader using the "Trader" section on the exchange’s website.
$10
Minimum
deposit
1:1
Leverage
24/7
Support
💻 Trading platform: | Proprietary platform based on TradingView |
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📊 Accounts: | Standard, P2P platform |
💰 Account currency: | USDC, KRW |
💵 Replenishment / Withdrawal: | Bank card, credit cards, P2P cryptocurrency exchange, and third-party services |
🚀 Minimum deposit: | $10 |
⚖️ Leverage: | 1:1 |
💼 PAMM-accounts: | No |
📈️ Min Order: | From 0 |
💱 Spread: | Market |
🔧 Instruments: | Cryptocurrencies, USDC, KRW |
💹 Margin Call / Stop Out: | No |
🏛 Liquidity provider: | No |
📱 Mobile trading: | Yes |
➕ Affiliate program: | Yes |
📋 Orders execution: | N/a |
⭐ Trading features: | Investment programs are available |
🎁 Contests and bonuses: | Offered regularly |
Broker comparison table of trading instruments
GOPAX | Bybit | MEXC | Binance | Margex | Cryptohopper | |
Forex | No | No | No | Yes | No | 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 |
GOPAX Commissions & Fees
Account type | Spread (minimum value) | Withdrawal commission |
Standard | From $20 | Yes |
Traders Union specialists performed a ranking of the GOPAX cryptocurrency exchange based on a comparison of commission costs.
Broker | Average commission | Level |
GOPAX | $20 | High |
Binance | $6 | Medium |
Bitfinex | $0.1 | Low |
Contacts
Foundation date | 2017 |
Registration address | Streami, Inc. 18F, 42, Olympic-ro 35da-gil, Songpa-gu, Seoul, Republic of Korea |
Official site | https://www.gopax.co.kr |
Contacts |
Phone:
02-561-2266
|
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FAQs
Do reviews by traders influence the GOPAX rating?
Any review can raise or lower the rating of any broker in the general list of brokers. To read reviews about GOPAX you need to go to the broker's profile.
How to leave a review about GOPAX on the Traders Union website?
To leave a review about GOPAX, register on the Traders Union website or you can also leave a review through Facebook.
Is it possible to leave a comment about GOPAX on a non-Traders Union client?
Anyone can leave feedback about GOPAX on multiple participating clients; however, Traders Union clients also receive additional payments later for working with any broker listed at the Forex market.