deposit:
- $1
Trading platform:
- TradingView
- Many crypto-crypto pairs, low commissions even for beginners
- VD token, which gives a discount on commissions
- high stability and speed
- no investment and referrals
Summary of VinDAX Crypto Exchange
VinDAX is a cryptocurrency exchange with higher-than-average risk and the TU Overall Score of 3.31 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by VinDAX 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. VinDAX ranks 101 among 173 companies featured in the TU Rating, which is based on the evaluation of 100+ criteria.
The VinDAX Crypto Exchange is a trading platform with simplistic and convenient functionality. It is focused on active trading, so it does not offer alternative income options like referral or investment programs. Many cryptocurrencies are available for trading, trading volumes are high, and new assets are constantly added to the pool. Commissions are low, including withdrawal fees. The site's proprietary VD coin is available for trading and issued for various actions. Holding a coin in your account allows you to significantly reduce trading fees. Premium customers with the highest volume of VD in their account receive additional payouts from a fund that is generated from 30% of the company's weekly revenue.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:
The VinDAX exchange is a popular cryptocurrency and coin trading platform with its proprietary VD token that saves on trading fees. Bitcoin (₿), Litecoin (Ł), Tether (₮), Ripple, and dozens of other cryptocurrencies and coins are available for trading on the exchange; and the list is regularly updated due to the open listing. Commissions are lower than the market average — initially 0.1% on the first trading level for taker/maker. In addition to the trading terminal in the browser, the exchange has its mobile application. One of the key advantages of the platform is its developed community infrastructure. It has a large blog with high activity and several dozen Telegram channels for communication between traders in different languages. It also has separate communication channels with technical support specialists who work 24/7. Registration is free and there is no minimum deposit.
💰 Account currency: | Cryptos |
---|---|
🚀 Minimum deposit: | No |
⚖️ Leverage: | No |
💱 Spread: | Market |
🔧 Instruments: | Cryptos |
💹 Margin Call / Stop Out: | No |
👍 Advantages of trading with VinDAX:
- many cryptocurrencies and coins are available for trading;
- the exchange has its own VD coin, which gives a discount on commissions;
- Trading fees are lower than the market average;
- Many deposit and withdrawal options are available;
- the trading terminal is easy to use;
- Application for mobile trading (iOS/Android);
- Regular promotions and contests with money prizes;
- API for integration of the trading application into the platform;
- high efficiency of technical support;
- blog and Telegram channels in different languages.
👎 Disadvantages of VinDAX:
- no referral program;
- no fiat currency;
- no investment solutions.
Evaluation of the most influential parameters of VinDAX
Geographic Distribution of VinDAX Traders
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Expert Review of VinDAX
The VinDAX crypto exchange was launched in 2019. The platform was created by experienced stockbrokers, and as a result, blossomed to the expected trade turnover within six months. At the moment, it is not just a competitive platform, but also one of the leading players in the segment.
Its financial policy is usually noted as a major advantage of the exchange. It has no minimum deposit, but there is a minimum transaction volume for each traded asset. Commission fees do not depend on the trading volume as such but on the number of VD coins held in the account. At the entry-level, the commission is fixed and equals 0.1% for a taker/maker.
Two additional advantages of the site are the already mentioned VD token and its blogging community. The token has significant trading volumes and can be used to make money like any other crypto asset. Also, for trading the token, exchange customers benefit from additional savings on fees. For example, at the first level, the fee with sufficient trading VDs will be 0.08% instead of 0.1%.
Experts have not revealed failures, bugs, and vulnerabilities in the work of the exchange. It has a modern security system, expressed in multi-level encryption. The 2FA authentication serves as reliable protection from fake accounts and fraudsters. There is no evidence of hacking. The exchange always fulfills its obligations to customers.
Based on a sum of factors, experts can recommend VinDAX as a convenient and easy way to learn its platform with favorable financial conditions. However, traders should keep in mind that the exchange has no investment solutions, referral programs, or other sources of additional regular earnings. In general, only periodic exchange-organized contests are among the possibilities for additional income.
Dynamics of VinDAX’s popularity among
Traders Union’s traders, according to 2023 data
Investment Programs, Available Markets, and Products of the Crypto Exchange
The VinDAX cryptocurrency exchange does not provide investment programs to its clients. Users have no opportunity to earn in any other way than actively trading cryptocurrency pairs. However, experts predict that since the site is actively developing, investment programs will soon come.
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.
VinDAX’s affiliate program:
Customers of the VinDAX crypto exchange cannot earn from invited users. Inviting their friends and acquaintances to the platform will not get them any bonuses or benefits. The absence of an affiliate program can be seen as an indicator of the company's confidence in its future because it does not seek to additionally motivate the influx of new customers.
Trading Conditions for VinDAX Users
To start trading on the exchange, you need to go to its official website and go through the registration and verification processes, which are not different from most cryptocurrency exchanges. Some exchanges require a certain minimum deposit to access the full functionality of the exchange. VinDAX has no such requirement. But you will have to enter funds in any case, as there is a minimum transaction amount for each asset. For example, for the pair BTC/VD, it is 0.1; and for the pair BCH/USDT, it is 0.001.
The exchange does not offer leverage. This means that clients can use only their own funds. Technical support of the platform is assessed as prompt and competent. It is available through the ticket system on the site, but it is easier and faster to contact it via Telegram. In Telegram, technical support is available 24 hours a day, 7 days a week, and is available in many languages.
$1
Minimum
deposit
1:1
Leverage
24/7
Support
💻 Trading platform: | TradingView (built-in) |
---|---|
📊 Accounts: | Standard |
💰 Account currency: | Cryptos |
💵 Replenishment / Withdrawal: | Bank cards, crypto, and e-wallets |
🚀 Minimum deposit: | No |
⚖️ Leverage: | No |
💼 PAMM-accounts: | No |
📈️ Min Order: | From 0 |
💱 Spread: | Market |
🔧 Instruments: | Cryptos |
💹 Margin Call / Stop Out: | No |
🏛 Liquidity provider: | No |
📱 Mobile trading: | Yes |
➕ Affiliate program: | No |
📋 Orders execution: | Not indicated |
⭐ Trading features: | Many crypto-crypto pairs, low commissions even for beginners; VD token, which gives a discount on commissions; high stability and speed; no investment and referrals |
🎁 Contests and bonuses: | Yes |
Broker comparison table of trading instruments
VinDAX | Bybit | MEXC | Binance | Lbank | Coinbase | |
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 | Yes | No |
Options | No | No | No | No | No | No |
VinDAX Commissions & Fees
-
0 VD — 0.1%/0.1% for maker/taker;
-
1 to 50,000 VD — 0.09%/0.09% for maker/taker;
-
50,000 to 100,000 VD — 0.08%/0.08% for maker/taker;
-
From 100,000 to 200,000 VD — 0.07%/0.07% for maker/taker.
For active VD trading, you can get an additional discount. With the discount, the amount of commission will be 0.08% on the zero level; 0.07% on the first level; 0.06% on the second level; and 0.05% on the third level. The commission is equal for takers and makers.
Account type | Spread (minimum value) | Withdrawal commission |
Standard | Up to 0.1% per order | Yes |
VinDAX does not charge a commission for depositing funds, except for some tokens. For example, the commission for the input of GOLD is 2% of the input amount, and for the input of BTRL, it is 0.2%. Withdrawal commissions are charged on all tokens regardless of the withdrawal channel. They are determined only by the asset. For example, the fee for Bitcoin withdrawal is ₿0.0005, and the fee for Ethereum withdrawal is Ξ0.006.
Broker | Average commission | Level |
VinDAX | $1 | Medium |
Bybit | $20 | High |
Bitfinex | $0.1 | Low |
Contacts
Foundation date | 2019 |
Registration address | Vietnam |
Official site | https://vindax.com/ |
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FAQs
Do reviews by traders influence the VinDAX rating?
Any review can raise or lower the rating of any broker in the general list of brokers. To read reviews about VinDAX you need to go to the broker's profile.
How to leave a review about VinDAX on the Traders Union website?
To leave a review about VinDAX, register on the Traders Union website or you can also leave a review through Facebook.
Is it possible to leave a comment about VinDAX on a non-Traders Union client?
Anyone can leave feedback about VinDAX on multiple participating clients; however, Traders Union clients also receive additional payments later for working with any broker listed at the Forex market.