Satang Pro 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
- TradingView
- There are a lot of cryptocurrencies and coins for trading, deposit in fiat currencies is available, a free multicurrency wallet, you cannot deposit/withdraw using a plastic card, there are no investment solutions, there is a profitable referral program, optimal trading commissions
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
- TradingView
- There are a lot of cryptocurrencies and coins for trading, deposit in fiat currencies is available, a free multicurrency wallet, you cannot deposit/withdraw using a plastic card, there are no investment solutions, there is a profitable referral program, optimal trading commissions
Our Evaluation of Satang Pro
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
Satang Pro is a cryptocurrency exchange with higher-than-average risk and the TU Overall Score of 3.21 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by Satang Pro 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.
Satang Pro offers favorable terms of cooperation, being one of the leading platforms in Thailand and very popular in the world market. The exchange has low fees, no restrictions on trading strategies, and an API for experienced players. Of the relative disadvantages, one can note the complete absence of investment solutions. Therefore, the platform is suitable for active traders and will not interest those who focus on passive earnings. Passive sources of income are represented only by a referral program with standard conditions. The exchange operates stably, it is characterized by a high level of information security and provides customers with a multicurrency wallet with the possibility to keep fiat (you cannot make deposits from plastic cards).
Brief Look at Satang Pro
The Satang Pro exchange offers trading with popular cryptocurrencies and coins. Bitcoin (₿), Litecoin (Ł), Ethereum (Ξ), Tether (₮), Cardano, and other assets are traded on this platform. Clients of the exchange are provided with a free multicurrency wallet for settlements; they can deposit funds in fiat, including the US dollar, pound sterling, euro, Russian ruble, and Chinese yuan. The exchange is Thai but operates all over the world, and it has no regional restrictions. There is no minimum deposit either, and the trading terminal is the standard in-browser TradingView version. The exchange has low commission fees of 0.25% for the taker and maker at the first trading level. With an increase in trading volume, commissions decrease. There is a typical referral program with payments of 30% of the referrals’ trading commissions. Satang Pro does not have investment programs.
- many cryptocurrencies and coins for trading;
- large trading volumes;
- easy to learn and functional trading terminal inside the browser;
- low trading commissions even at the first trading level;
- no deposit fees and free multicurrency wallet;
- the wallet can be funded with fiat currencies (there are twelve in total);
- low entry threshold, easy verification, no minimum deposit;
- referral program with payments of 30% of partner commissions;
- quick communication with technical support (including a call center);
- the exchange operates under a license, with no history of fraud.
- no investment offers;
- there are no specialized solutions for beginners.
TU Expert Advice
Financial expert and analyst at Traders Union
The Satang Pro cryptocurrency exchange was launched in 2017, but originally it was called TDAX. The founding company owns the famous ZCoin (XZC) and Vertcoin (VTC) coins, and it also owns Satan, the most popular cryptocurrency wallet in the region.
The headquarters is located in Bangkok. The exchange complies with the international information security standard ISO 27001 and the confidential information management system ISO 27701. License numbers are confirmed, and the platform operates transparently.
Since its founding, there has been no evidence of fraud or other negative events such as hacking, etc. At the start, the exchange had some technical problems, but in recent years nothing like that happens anymore. The platform doesn’t have any history of default on its obligations to its customers. The company has several official partners, including major Thai and international investors.
Trading conditions are generally standard, but in terms of commission fees, the exchange looks more profitable than most competitors. Taker and maker commissions are equal, depending only on the trading level. At the start, the trader receives a commission of 0.25%, due to the trading volume, the fee can be more than halved. Withdrawal fees are super low and there are no deposit fees. The exchange does not charge additional payments.
Unfortunately, the platform does not have investment programs available to its private traders. Some experts consider this a disadvantage, but I agree that the situation may change, as the exchange is progressive and constantly evolving. At the moment, out of the options for passive earnings, customers only have the referral program on standard terms for the passive income segment. Therefore, the exchange cannot be recommended for investors, while for active traders it offers the convenience of trading, security, and stability of the trading terminal, as well as the mobile application.
Satang Pro Summary
| 💻 Trading platform: | In-browser TradingView |
|---|---|
| 📊 Accounts: | Standard |
| 💰 Account currency: | Cryptocurrencies, fiats |
| 💵 Replenishment / Withdrawal: | Bank accounts, cryptocurrency wallets |
| 🚀 Minimum deposit: | No |
| ⚖️ Leverage: | No |
| 💼 PAMM-accounts: | No |
| 📈️ Min Order: | from 0 |
| 💱 Commission: | Market |
| 🔧 Instruments: | Cryptocurrencies and fiats (deposits only) |
| 💹 Margin Call / Stop Out: | No |
| 🏛 Liquidity provider: | No |
| 📱 Mobile trading: | Yes |
| ➕ Affiliate program: | Yes |
| 📋 Orders execution: | N/A |
| ⭐ Trading features: | There are a lot of cryptocurrencies and coins for trading, deposit in fiat currencies is available, a free multicurrency wallet, you cannot deposit/withdraw using a plastic card, there are no investment solutions, there is a profitable referral program, optimal trading commissions |
| 🎁 Contests and bonuses: | N/A |
To open an account at Satang Pro, you need to go through the registration procedure, then verify (confirm your personal data). This process can take several days. Registered and verified users get access to the full functionality of the exchange without restrictions. Since there is no minimum deposit, the clients of the platform independently regulate their financial policy and determine the amount of deposit based on their strategies and market conditions. The exchange does not offer leverage, so users can only rely on their own budget. There are no restrictions on trading strategies, API has been implemented. Communication with technical support is available by email, and you can also leave a request through the ticket system on the website. The office of the company in Bangkok has a phone number, it can be found in the “Contacts” section.
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Commissions & Fees
| Account type | Commission (minimum value) | Withdrawal commission |
|---|---|---|
| Standard | Up to 0.25% per order | Yes |
The exchange does not charge commissions for depositing funds, regardless of the deposit channels used by the client. However, there are withdrawal fees (they are charged by all cryptocurrency exchanges). Withdrawal fees do not depend on the trading volume or withdrawal amount, they are determined only by the asset. For example, when withdrawing Bitcoin, the platform will charge a commission of ₿0.0004. This amount is below the segment average, with most crypto exchanges charging ₿0.0005. Commissions for other assets can be found in the relevant FAQs section.
| Broker | Average commission | Level |
|---|---|---|
|
$0.25 | |
|
$20 | |
|
$0.1 |
Investment Programs, Available Markets, and Products of the Crypto Exchange
The Satang Pro cryptocurrency exchange does not provide investment solutions to its clients. There is no staking or similar opportunities. The only option for passive earnings on the platform is the referral program. The exchange is focused primarily on active trading, and its users earn by buying and selling cryptocurrencies and coins.
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.
Satang Pro’s affiliate program
The Satang Pro exchange has a referral program typical for the segment. Every client can take part in it, there are no restrictions. You must first register and verify, the referral link will be available in the corresponding section of your personal account. The link is personal, unlimited, and it is generated once.
The exchange’s client can post the link wherever he wishes. Each user who follows this link will be registered on the platform, and after he starts active trading, he will automatically become a referee to the owner of the link. And it will bring him permanent income in the amount of 30% of the amount of the commission for each of his trading operations.
The referral status is not limited in time. This means that it brings income to the inviting user all the time the referral is trading with the platform (and while his account is active). Nor is the number of referrals limited. Using one link, the exchange client can invite any number of partners and receive referral payments for each of them. Detailed statistics on referrals and payments are available in the personal account.
User Satisfaction