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 USDT
- Web platform
- Mobile application
- Active trading and copy trading, commission discounts are available
Our Evaluation of UZX
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
UZX is a moderate-risk cryptocurrency exchange with the TU Overall Score of 5.1 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by UZX clients on our website, Traders Union expert Anton Kharitonov recommends users to thoroughly analyze pros and cons before opening an account with this broker as not all clients are satisfied with the company, according to reviews.
UZX offers both active trading and passive investing options, catering to a diverse client base. Its versatile trading tools suit traders of all experience levels.
Brief Look at UZX
UZX is an international cryptocurrency exchange launched in 2023 that leverages its native UZX token for governance and client incentives. The platform seamlessly blends the best of centralized and decentralized exchanges, making it accessible to a diverse client base. UZX offers a comprehensive suite of trading services, including spot trading, futures and options trading, and passive earning opportunities like trade copying and interest payouts for coin holdings (SaveCoins). The exchange is available in over 50 countries, providing a wide array of trading tools and enabling derivative trading with leverage.
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- Transparent DAO (Decentralized Autonomous Organization) governance;
- Support for various assets, including derivatives;
- Cold storage of funds and a high level of security;
- User-friendly interface for the web platform and mobile apps.
- Lack of educational materials for beginners;
- Limited liquidity for certain instruments.
TU Expert Advice
Financial expert and analyst at Traders Union
UZX attracts attention with its hybrid approach. It combines the strengths of centralized and decentralized exchanges. Governance through DAO and the exchange's use of its token allow traders to participate in the platform's development, making it appealing to active traders and investors.
Security is a critical factor in the exchange's operations. UZX employs cold asset storage and two-factor authentication, ensuring the protection of client funds and data, which adds to investors' trust. UZX is available as a browser platform featuring two types of charts (TradingView and Depth) and mobile apps (for Android and iOS).
Although the platform is relatively new, it already faces challenges, such as limited liquidity for some instruments. Additionally, there are not many educational materials for beginners on the UZX website. However, the exchange offers a demo mode, allowing clients to test its features and learn to work with various types of orders without depositing funds. For experienced traders, UZX provides advanced functionalities and a high level of control through DAO, making it a promising project in the cryptocurrency market.
UZX Summary
Your capital is at risk. Cryptocurrency trading can be extremely risky. Cryptocurrency trading can lead to large and immediate financial losses. The volatility and unpredictability of the price of cryptocurrency relative to fiat currency may result in significant loss over a short period of time. Transactions in cryptocurrency may be irreversible, and, accordingly, losses due to fraudulent or accidental transactions may not be recoverable. The nature of cryptocurrency may lead to an increased risk of fraud or cyber attack.
💻 Trading platform: | Web platform, mobile applications UZX |
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📊 Accounts: | Real, Demo |
💰 Account currency: | Cryptocurrencies |
💵 Deposit / Withdrawal: | Cryptocurrency transactions only |
🚀 Minimum deposit: | 1 USDT |
⚖️ Leverage: | Up to 1:125 for futures |
💼 PAMM-accounts: | No |
📈️ Min Order: |
Spot: 0.01 Futures: minimum contract size |
💱 Commission: |
Spot: 0,04%-0,06% Futures: 0,06%-0,06% |
🔧 Instruments: | 181 supported coins, Futures, Perpetual contracts, Options, NFT. |
💹 Margin Call / Stop Out: | No |
🏛 Liquidity provider: | No |
📱 Mobile trading: | Yes |
➕ Affiliate program: | Yes |
📋 Order execution: | Market, Limit, TP/SL |
⭐ Trading features: | Active trading and copy trading, commission discounts are available |
🎁 Contests and bonuses: | Yes |
UZX offers flexible trading conditions, prioritizing security and convenience. The platform supports both centralized and decentralized trading, providing traders with a range of trading tools. For futures trading, two margin adjustment modes are available: Cross and Isolated.
UZX Key Parameters Evaluation
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Regulation and safety
UZX received a score of 4.75/10, indicating a low level of security and regulatory compliance. This suggests that the platform may lack essential protections, and users should exercise extreme caution.
- Cold wallet storage
- No successful hacks history
- 2FA
- Not government-regulated
- No facial recognition
- Not U.S regulated
- No investor protection fund
UZX Security Factors
We also compared UZX against the top two competitors with the highest scores in our overall ranking based on the most critical security indicators.
UZX | 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 UZX a regulated crypto exchange?
UZX is not currently regulated by any government authority, which is still a common occurrence in the cryptocurrency industry. While this doesn't automatically mean UZX 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 UZX?
KYC verification is not mandatory for opening an account and trading at UZX. However, unverified accounts have certain limitations, such as lower withdrawal limits and restricted access to certain features.
In which countries is UZX available?
UZX complies with international sanctions and regional restrictions. Services are limited or unavailable in the following countries: Ukraine, India, Spain, United Kingdom, Nigeria, Malaysia, South Africa, Australia, Canada, Pakistan, Philippines, Israel, Cyprus, Sweden, Latvia, Romania, Portugal, Switzerland, Netherlands, Singapore, Indonesia, Kenya, UAE, Iran, Islamic republic, Turkey, France, Bangladesh, Thailand, Italy, Egypt, Poland, Sri Lanka, Belgium, Norway, Saudi Arabia, Brazil, Vietnam, Czech Republic, Greece, Japan, Uganda, Ghana, Morocco, Finland, Bulgaria, Korea, Algeria, Azerbaijan, Estonia, Argentina, Peru, Austria, Chile, China, Mexico, Denmark, Germany, Kazakhstan, Uzbekistan, Colombia, Moldova, Kyrgyzstan, Venezuela, Lithuania, Ireland, Slovakia, Georgia, Tajikistan, Armenia, Hungary, Bahrain, Palestine, Jordan, Iraq, Qatar, Kuwait, Lebanon, Libyan Arab Jamahiriya, Oman, Syrian Arab Republic, Tunisia, Yemen, 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 UZX support.
Is UZX available in the USA?
Yes, UZX 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.
UZX commissions and fees
UZX received a 6.5/10 score for its trading fees. While UZX is not the cheapest crypto exchange, the fees remain reasonable and competitive within the market.
- Spot fee below industry average
- No deposit fee
- Futures fees above industry average
- Withdrawal fee may be applied
What are UZX trading fees?
We analyzed UZX’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.
UZX trading fees vs competitors
UZX | Binance | Bybit | Industry average | |
Spot, maker fee (%) | 0,04 | 0,1 | 0,1 | 0.15 |
Spot, taker fee (%) | 0,06 | 0,1 | 0,1 | 0.194 |
Futures, maker fee(%) | 0,06 | 0,02 | 0,02 | 0.024 |
Futures, taker fee(%) | 0,06 | 0,05 | 0,055 | 0.053 |
What are UZX deposit and withdrawal fees?
Deposit fee, % | 0 |
Withdrawal fee, % | 0,000003 ВТС 0, 000055 ЕТН |
Does UZX offer P2P trading?
No, UZX 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
UZX received a 2.5/10 rating for its deposit and withdrawal services. UZX 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 PayPal option
- Withdrawal fee applies
- Bank transfers not available
Deposit and withdrawal options
UZX supports the following deposit and withdrawal options: Crypto.
UZX Deposit and withdrawal options vs competitors
What is UZX minimum deposit?
The minimum deposit at UZX is 1 USD/USDT or 0,00002 BTC. The minimum trade size is 1 USD/USDT, which also serves as the minimum amount required to start trading on the platform.
UZX minimum deposit vs competitors
UZX | OKX | Kraken | |
Minimum deposit, USD or USDT | 1 | 10 | 10 |
Minimum deposit, BTC | 0,00002 | 0,0005 | 0,0001 |
Minimum trade amount, USD/USDT | 1 | 0,00001 | 1 |
Does UZX support fiat money?
UZX does not support fiat currencies; only cryptocurrencies are accepted.
Supported coins & markets
UZX received a score of 5/10 in this category, reflecting a solid selection of tradable assets and markets. UZX supports 181 cryptocurrencies and basic trading types, although some advanced features or asset diversity may be limited compared to leading exchanges.
- Crypto futures available
- Crypto options available
- NFTs available
- Only 181 supported coins
- Fiat currencies not supported
UZX supported coins and markets vs competitors
We compared UZX 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.
UZX | OKX | Kraken | |
Supported coins | 181 | 329 | 278 |
Futures/Perpetual contracts | Yes | Yes | Yes |
Options | Yes | Yes | No |
NFTs | Yes | Yes | Yes |
UZX passive income options vs competitors
We also compared UZX 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
Official site | https://uzx.com/ |
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