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Friday, April 19, 2024

ACE Exchange Review: ACE Is Legit & Secure Exchange

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About ACE Exchange

Launched on [10/11/2018], ACE Exchange is a centralized fiat-currency exchange based in [Taipei, Taiwan]. It supports TW(New Taiwan Dollar) fiat pairs/fiat deposits/fiat withdrawals/IEOs. ACE Exchange is committed to building the most professional Fiat to Crypto exchange in the Chinese community and providing a channel for all Taiwanese people to have first contact with cryptocurrencies.

How To Sign Up & Start Trading

ExchangeDetails
Exchange NameACE Exchange
Exchange TypeCryptocurrency
Withdraw Fee0.0002 BTC
Support24/7
LangugaeEnglish
Taker Fee0.10%
Maker Fee0.00%
WebsiteHomepage

How To Sign Up & Start Trading

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You Sign Up For A User Account By Providing Basic Information.

On Every Exchange You Will Get Option For Sign Up Or Create Account . Just Fill Some Basic Details Like Name , Email , Password , Security Question Etc For Registration . It Is First Step To Start Trading On Any Exchange

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You Then Receive An E-mail In Your Mailbox To Activate Your Account.

Before You Can Login, You Must Active Your Account With The Code Sent To Your Email Address.Then You Will See A Message That Your Financial Account Is Activated And Ready To Go. This Means That You Can Log In And Start Trading In Cryptocurrency.

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Identity Verification

For Successful Verification You Will Need Identity Documents. For Example, You Can Use A Driver’s License Or Passport, Where The Name Is Duplicated In Latin Letters.Confirmation Of Identity On Exchange Is An Optional Step. The Procedure Must Be Completed Only If You Want To Remove The Restrictions Of Btc On Deposit Or Withdrawal Of Funds Per Day.

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ACE Exchange Fees

The exchange assesses a trading cost each time you place an order. The trading charge often represents a portion of the trade order’s value. Exchanges typically create a distinction between takers and makers. The people who “take” an existing order from the order book are known as takers. Creating liquidity on the platform occurs when makers add orders to the order book.

The takers’ fee at ACE Exchange is 0.10%. These spot trading taker fees are significantly lower than the norm for centralised exchanges across the globe. Industry averages have typically been between 0.20 and 0.25 percent, but new industry averages are now starting to appear between 0.10% and 0.15 percent. The most recent empirical investigation by altwow.com found that spot trading maker fees were 0.229% and taker costs were 0.229% on average for the sector.

That’s not even the best part, though. The best thing is that this exchange doesn’t charge manufacturers any fees, which helps to increase liquidity there. For those who are interested in not picking up existing orders from the orderbook, this is a very powerful component of ACE Exchange’s offering and can be quite useful.

Withdrawal charges from ACE Exchange

Each withdrawal from ACE Exchange is subject to a 0.0002 BTC withdrawal fee. This cost is less than the industry average on a global scale. According to this study, the current global industry average for BTC withdrawal fees is 0.0004599 BTC, making ACE Exchange’s BTC withdrawal charge rather reasonable.

Daily/Monthly Limits of Digital Assets Withdrawal

Daily Limits of Digital Assets Withdrawal in TWD
LevelAPre_BBC
Limits1,350,0005,000,00010,000,00015,000,000
Monthly Limits of Digital Assets Withdrawal in TWD
LevelAPre_BBC
LimitsNo LimitsNo LimitsNo LimitsNo Limits

Deposit Techniques

You can buy cryptocurrency at this exchange with a credit or debit card. This can be beneficial, especially for newer cryptocurrency investors who want access to a variety of deposit options. While many exchanges don’t even have a fiat currency deposit option, ACE Exchange stands out a little by working with Switchere to provide card payment options.

he limitations of deposit and withdrawal for NTD

Deposit Limits
LevelAPre_BBC
Daily Limits0300,0002,000,0002,000,000
Withdrawal Limits
LevelAPre_BBC
Daily Limits0100-
300,000
100-
2,000,000
100-
2,000,000

ACE Exchange Features

Compliance

ACE Exchange has closely partnered with several well-known international law firms, experienced accountants, financial institutions, regulatory and legislative units to meet the strictest risk control standards. The certified in-house AML specialists will also ensure ACE adheres to the strictest KYC and AML regulations.

Security:

ACE Exchange has adopted a world-class DDos Attack prevention mechanism and Artificial Intelligence application firewall, effectively defending ACE‘s system from hackers, server attacks, and maximizing the protection of users’ assets.

User Growth System:

ACE is the first exchange in Taiwan that adopt a “User Growth System”. Users will be able to earn ACE points through a variety of interactions with ACE and therefore receive exclusive discounts and prizes.

The ACE team is comprised of experts from financial, information technology, marketing, and blockchain industry. The mission is to provide the most secure and user-friendly trading platform to all Taiwanese people.

ACE Exchange Mobile Support

Most crypto traders feel that desktop give the best conditions for their trading. The computer has a bigger screen, and on bigger screens, more of the crucial information that most traders base their trading decisions on can be viewed at the same time. The trading chart will also be easier to display. However, not all crypto investors require desktops for their trading. Some prefer to do their crypto trading via their mobile phone. Fortunately for them, ACE Exchange is also available as a mobile application (both for iPhones and Androids).

Conclusion

ACE.IO is a cryptocurrency exchange that allows users to buy, sell, and trade various cryptocurrencies. The exchange offers a user-friendly interface and supports multiple cryptocurrencies, including Bitcoin, Ethereum, and Litecoin. It also offers advanced trading features, such as margin trading and stop-loss orders, for experienced traders. However, as with any cryptocurrency exchange, there are risks involved with trading on ACE.IO, and users should conduct their own research and exercise caution when making trades.

FAQ

How do I create an account on ACE.IO?

To create an account on ACE.IO, click the “Sign Up” button on the homepage and follow the instructions to provide your email address and set up a password. You will also need to complete the account verification process, which may require providing government-issued identification and proof of address.

What cryptocurrencies are supported on ACE.IO?

ACE.IO supports a range of cryptocurrencies, including Bitcoin, Ethereum, Litecoin, Ripple, and more. The full list of supported cryptocurrencies can be found on the platform.

What are the trading fees on ACE.IO?

The trading fees on ACE.IO vary depending on the type of trade and the user’s trading volume. For example, the maker fee for a limit order may be lower than the taker fee for a market order. The fee schedule can be found on the ACE.IO website.

How does ACE.IO ensure the security of my funds?

ACE.IO implements a range of security measures to protect user funds, including two-factor authentication (2FA), SSL encryption, and cold storage for the majority of assets. The platform also conducts regular security audits and maintains a reserve fund to cover potential losses.

What is the minimum deposit amount on ACE.IO?

The minimum deposit amount on ACE.IO may vary depending on the cryptocurrency being deposited. For example, the minimum Bitcoin deposit amount may be different than the minimum Litecoin deposit amount. The specific minimum deposit amounts can be found on the ACE.IO website.

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Disclaimer

Crypto investments come with high risk and you should always exercise caution when investing in any crypto asset. Investing in crypto carries a high level of risk, and may not be suitable for all investors. Any investment decisions made by you are made at your own risk and we are not responsible for any losses that may occur. Before investing, we recommend you consult a financial advisor to understand the risks and rewards associated with investing in crypto.

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