Trade8 Review 2026

Item: Trade8
Rating: 4.02
Author: Ivan Andriyenko

By: Ivan Andriyenko
Updated: November 07, 2026
50 in the rating

Coins 20
Fees 8.75 /10
User Reviews 6.7 /10
Regulation 3.25 /10

4 /10

High risk

Trade8 User Reviews 6.7
Commissions and Fees 8.8
Regulation and Safety 3.3
Deposit and Withdrawal 2.5
Markets and Tradable Assets 2.0
Customer Support 2.1

How we tested Trade8

Traders Union has analyzed financial markets for over 14 years, evaluating brokers based on 250+ transparent criteria, including security, regulation, and trading conditions. Our expert team of over 50 professionals regularly updates a Watch List of 500+ brokers to provide users with data-driven insights. While our research is based on objective data, we recommend that users perform independent due diligence and consult official regulatory sources before making any financial decisions.

Learn more about our methodology and editorial policies.

Pros & Cons

The platform openly publishes price sources and spread calculations, eliminating conflicts of interest.
Each position has its own margin and liquidation price, reducing risk for traders.
Major market makers compete to offer the best prices, improving trading conditions.
Opportunity to earn lifelong commissions by referring new users through referral links.

Not all popular cryptocurrencies are available for trading.
Staking is not currently offered.

Trade8 was established in 2015 and now serves a community of over 100,000 traders who use the platform to trade perpetual contracts. All pricing is sourced from verified market makers competing to offer the best available rates. Cryptocurrency quotes are aggregated from Binance, Coinbase Pro, and Bitstamp to ensure accuracy and reliability.
The platform exclusively offers perpetual contracts, with asset availability varying based on the user’s region. Trade8 does not provide services to residents of the United States, Canada, Australia, Switzerland, Singapore, and several other jurisdictions. While residents of the European Union may trade cryptocurrencies without restriction, access to perpetual contracts on other asset classes is limited to professionally qualified traders.
Trade8 is registered in the British Virgin Islands, with its core project team based in Singapore.

TU Expert Verdict

Trade8 carries a higher degree of risk. My review and user feedback point to noticeable performance issues and limitations. It may be appropriate only for experienced traders who fully understand the risks and are prepared for potential instability.

Trade8 is a cryptocurrency exchange offering 20 coins through perpetual contracts, with API-based trading and demo and real accounts. It applies isolated margin to each position, while prices are aggregated from market makers and published transparently. Maker and taker fees for perpetual contracts are 0%, and leverage reaches 1:100. Funding is cryptocurrency-only, including Bitcoin.

However, a notable drawback is that Trade8 is registered in the British Virgin Islands and is not regulated by a government authority. Other disadvantages include no spot markets or staking, a limited 20-coin selection, cryptocurrency-only deposits and withdrawals, and no live chat support. Trade8 may suit experienced perpetual contract traders who accept these risks, but may not suit users seeking regulatory oversight, broader markets, or fiat funding.

Top-5 Crypto Exchanges Traders Prefer

Coinbase

8.5 /10

Spot Fees

0.5%

Coins

400+

Kraken

8.5 /10

Spot Fees

0.25%

Coins

400+

OKX

8.4 /10

Spot Fees

0.08%

Coins

600+

BTCC

8.4 /10

Spot Fees

0.2%

Coins

399

Crypto.com

8 /10

Spot Fees

0.25%

Coins

400+

Trade8 User Reviews

Score:

6.7 /10

3 total

5-star

0%
4-star

33%
3-star

67%
2-star

0%
1-star

0%

I liked Trade8 for its transparency and simplicity. The platform launched back in 2015 and has gradually expanded its network of market makers, providing good quotes for cryptocurrencies. Opening and closing positions works without issues. I also appreciated the demo mode with 10 BTC in virtual funds, which allows testing strategies. One downside for me was the lack of fiat currency support and the fact that withdrawals are only possible in Bitcoin. That may be inconvenient for those dealing with fiat. Still, the exchange is great for experienced traders looking for strong liquidity.

Overall, Trade8 has its pros and cons. I value that the platform discloses pricing and spread providers, which really helps avoid conflicts of interest. I also like that the minimum deposit is just $1, making it accessible for most traders. On the downside, there’s no staking or competitions, which makes the exchange less attractive for those seeking passive income. However, for active trading, Trade8 is a solid option. Additional passive income features would make the platform more versatile.

I’ve been using Trade8 to trade perpetual crypto futures for several months. The platform is fairly convenient and intuitive. I especially appreciate the leverage of up to 1:100. Isolated margin helps control risks—each trade is independent of others, making capital management easier. Transparent quotes also inspire confidence, since they are sourced from major exchanges like Coinbase Pro and Binance. However, I miss some popular cryptocurrencies that aren’t available for trading, as well as spot trading. The API terminal works fast enough, but I’d like more tools for analysis.

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Trade8 Commissions and Fees

Score:

8.8 /10

Trade8 has earned a rating of 8.8/10 for its trading fees. This makes it a highly attractive choice for active traders seeking to reduce costs, as Trade8 is a platform with minimal crypto trading costs.

Spot fee below industry average
No deposit fee

Withdrawal fee may be applied
P2P fee applied

What are Trade8 trading fees?

We analyzed Trade8’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.

Trade8 trading fees vs competitors

	Trade8	Nexus Trade	CoinMetro	Industry average Based on the evaluation of over 100 leading crypto exchanges
Spot, maker fee (%) Maker fees are charged when liquidity is added to the order book. This occurs by placing a limit order below the current market price for buy orders, or above the market price for sell orders.	Not supported	0.22	0.1	0.15
Spot, taker fee (%) Taker fees are charged when liquidity is removed from the order book. This typically happens when a trade is executed at the market price.	Not supported	0.22	0.2	0.194
Futures, maker fee(%)	0	0	0	0.024
Futures, taker fee(%)	0	0		0.053

What are Trade8 deposit and withdrawal fees?

Deposit fee, % Important! Even if an exchange does not charge fees for deposits and withdrawals, there can also be fees from the payment system or cryptocurrency network used by the user. For example, the network fee for USDT TRC20 is typically around $1.	0
Withdrawal fee, %	0.001 BTC

Does Trade8 offer P2P trading?

No, Trade8 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.

Regulation and Safety

Score:

3.3 /10

Trade8 received a score of 3.3/10, indicating a low level of security and regulatory compliance. This suggests that the platform may lack essential protections, and users should exercise extreme caution.

2FA
No successful hacks history

Not U.S regulated
Cold wallet storage is not mandatory

We also compared Trade8 against the top two competitors with the highest scores in our overall ranking based on the most critical security indicators.

Trade8 Security Factors
	Trade8	Coinbase	Kraken
Tier-1 regulation	No	Yes	Yes
Government-regulated	No	Yes	Yes
Investor protection fund Provides compensation to users in case of financial loss due to unforeseen circumstances on the platform.	No	Yes	No
2FA	Yes	Yes	Yes
Facial recognition	No	No	No
Cold wallet storage The majority of user funds are held offline, reducing vulnerability to online attacks.	No	Yes	Yes
Successful hacker attacks We review publicly available information on past security breaches to assess the exchange's security track record.	No	Yes	No

Is Trade8 a regulated crypto exchange? Regulation is crucial for the security and legitimacy of a cryptocurrency exchange. We assess the exchange’s regulatory status and its impact on platform reliability.

Trade8 is not currently regulated by any government authority, which is still a common occurrence in the cryptocurrency industry. While this doesn't automatically mean Trade8 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 Trade8?

Yes, KYC verification is mandatory at Trade8. You will need to complete the verification process before you can open an account and access the platform's full range of services.

Is Trade8 available in the USA?

Yes, Trade8 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.

Deposit and Withdrawal

Score:

2.5 /10

Trade8 received a 2.5/10 rating for its deposit and withdrawal services. Trade8 offers limited funding options and may charge fees, which could be inconvenient for many users.

No deposit fees
Many cryptocurrencies for deposits and withdrawals

Withdrawal fee applies
No Google Pay option

Deposit and withdrawal options

Trade8 supports the following deposit and withdrawal options: Crypto.

Trade8 Deposit and withdrawal options vs competitors

	Trade8	Coinbase	Kraken
Bank transfers	No	Yes	Yes
Bank card	No	Yes	Yes
Crypto	Yes	Yes	Yes
PayPal	No	Yes	Yes

What is Trade8 minimum deposit?

The minimum deposit at Trade8 is 0 USD/USDT or 0 BTC. The minimum trade size is 0 USD/USDT, which also serves as the minimum amount required to start trading on the platform.

Trade8 minimum deposit vs competitors

	Coinbase	Kraken
Minimum deposit, USD or USDT	10	10
Minimum deposit, BTC	1	1
Minimum trade amount, USD/USDT	2	1

Does Trade8 support fiat money?

Trade8 does not support fiat currencies; only cryptocurrencies are accepted.

Supported Coins & Markets

Score:

2 /10

Trade8 received a score of 2/10 in this category, indicating a modest offering of assets and markets. While Trade8 covers essential trading functions, the number of supported coins, fiat currencies, and investment tools may be insufficient for users seeking more comprehensive options.

Crypto futures available
Other supported products

No TradFi perpetual futures trading
Crypto options not available

Trade8 supported coins and markets vs competitors

We compared Trade8 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.

	Trade8	Coinbase	Kraken
Supported coins	20	400+	400+
Futures/Perpetual contracts	Yes	Yes	Yes
Options	No	No	No
NFTs	No	Yes	Yes
Tokenized Assets Digital tokens representing real-world assets, such as stocks, bonds, commodities, or real estate.	No	Yes	Yes
TradFi Perps Perpetual futures contracts linked to traditional financial assets, such as stocks, indices, or commodities.	No	Yes	Yes
Prediction Markets Markets where users trade contracts based on the outcomes of future events.	No	No	No
Other Assets	No	Pre-IPO	Forex, IPO

Trade8 passive income options vs competitors

We also compared Trade8 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.

	Trade8	Coinbase	Kraken
Staking	No	Yes	Yes
Yield farming	No	Yes	Yes
Copy trading	No	No	Yes

Customer Support

Score:

2.1 /10

Trade8 demonstrates a low level of customer support, with significant limitations in communication options, availability, or self-service resources.

In TU testing, the exchange received a poor overall support score, indicating substantial gaps in its customer assistance infrastructure. Users who require accessible and timely support should take these limitations into account.

Comprehensive help center available
Support ticket system available
24/7 customer support available

Limited language support
Live chat support unavailable

Trade8 Support Channels vs Competitors

	Trade8	Coinbase	Kraken
Live Chat	No	Yes	Yes
Email Support	Yes	No	No
Phone Support	No	No	No
Ticket System	Yes	Yes	Yes
24/7 Support	Yes	Yes	Yes
Help Center / FAQ	Yes	Yes	Yes
Multilingual Support	No	Yes	Yes