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Aofex.com Exchange Review: Global Leading Service Platform of Digital Assets

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About Aofex.com

Aofex.com is a cryptocurrency trade with its head workplaces in London, United Kingdom, and it additionally has workplaces in Singapore. It has been lively considering 2019. According to statistics on its website, they have already got 1.fifty six million users, out of which 100,000 are lively daily, and that they provide buying and selling in greater than 370 tarding pairs. These numbers are very impressive. Most crypto investors sense that computing device deliver the nice situations for his or her buying and selling.

The laptop has a larger screen, and on larger screens, greater of the vital statistics that maximum investors base their buying and selling choices on may be considered on the identical time. The buying and selling chart can also be less difficult to display. However, now no longer all crypto buyers require computers for his or her buying and selling. Some choose to do their crypto buying and selling through their cellular phone. Fortunately for them, AOFEX is likewise to be had as a cellular application (each for iPhones and Androids).

ExchangeDetails
Exchange NameAofex.com
Exchange TypeCryptocurrency
Withdraw FeeN/A
Deposit FeeFree
Taker Fee2.00‰
Maker Fee1.90‰
Support24/7
 Top CountryIndia
Website Homepage

How To Sign Up & Start Trading

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

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.

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.

AOFEX Trading fees

Every time you place an order, the exchange charges you a trading fee. The trading fee is normally a percentage of the value of the trade order. Many exchanges divide between takers and makers. Takers are the one who “take” an existing order from the order book.

Aofex Exchange charges what we call flat fees, meaning that both the takers and the makers pay the same fee. In this case, that fee starts at 0.20%. These fees can be considered industry average. In the largest and most recent empirical study performed on industry average crypto trading fees, they found that the industry average spot trading taker fee was 0.215% and the corresponding spot trading maker fee was 0.162%. 

Furthermore, their already quite competitive trading fees are reduced as your trading volume during the preceding 30-day period increases. If you would be one of the crypto whales out there and trade for more than USD 1 billion during the preceding 30-day period, you would be able to reduce your trading fees down to 0.01% in taker fees and 0.00% in maker fees. They imagine that very few traders reach such volumes though. But even if you’re preceding 30-day trading volume is only USD 20,001, you get some discount. The details are set out in the below table.

Level30 days Turnover(USDT)TakerMaker
VIP0<225002.00‰1.90‰
VIP1≥225001.95‰1.90‰
VIP2≥3750001.90‰1.85‰
VIP3≥15000001.85‰1.80‰
VIP4≥75000001.50‰1.40‰
VIP5≥225000001.20‰1.10‰
VIP6≥750000000.90‰0.80‰
SVIP≥2250000000.60‰0.40‰

AOFEX Withdrawal fees

They have not been able to find any information on this exchange’s withdrawal fees. This is potentially a risk for you as an investor. Whenever an exchange does not inform of a fee, there is a higher risk that such fee is high. As soon as they receive information on the withdrawal fees at AOFEX, they will update this review and post them here.

Deposit Methods

At this exchange, you can purchase crypto through credit or debit cards, but not wire transfer. This can be helpful especially for newer crypto investors who want a broad selection of available deposit methods. Many exchanges offer no fiat currency deposit method at all so Aofex.com Exchange does distinguish itself somewhat by also offering card payment possibilities.

Features

One-stop Trading Platform

AOFEX innovative options trading can effectively help investors hedge the investment risk caused by the sharp fluctuation of prices. Investors clearly know the estimated income and direction when trading, and start directional trading under limited and controllable risk exposure.

Fiat currency

All merchants in Aofex.com Exchange fiat currency trading zone have completed KYC real name verification and paid sufficient deposit, which is a real-time online order processing platform. The platform’s risk control system ensures the security of users’ funds 24 hours a day. It is the first in the industry to use the live detection system to verify the legal currency traders, effectively helping users and businesses to reduce the risk of card freezing.

Exchange

Aofex Exchange spot trading focuses on the mainstream currencies, high-quality currencies and popular currencies in the market, pays attention to the latest trend of the market and the hot spots of blockchain industry. The trading depth of the platform is sufficient, and the operation is smooth. A large number of high-quality currencies can be leveraged to achieve high returns.

Swap

AOFEX perpetual swaps support mainstream and popular currencies such as BTC, ETH and EOS. Users can freely choose to go long or go short to obtain high returns or hedge. BTC 125 times margin is supported, and it is easy for users to participate.

Option

Aofex.com Exchange innovative options trading can effectively help investors hedge the investment risk caused by the sharp fluctuation of prices. Investors clearly know the estimated income and direction when trading, and start directional trading under limited and controllable risk exposure.

Aofex Exchange Review

6.2

CURRENCY VERITY

5.5/10

REPUTATION

6.0/10

CUSTOMER FEEDBACK

6.5/10

CUSTOMER SUPPORT

7.5/10

DESIGN

5.5/10

Pros

  • One-stop Trading Platform
  • Fiat currency
  • 24/7 Support

Cons

  • High Fees
  • No Live Chat Support
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Aofex Exchange Review

6.2

CURRENCY VERITY

5.5/10

REPUTATION

6.0/10

CUSTOMER FEEDBACK

6.5/10

CUSTOMER SUPPORT

7.5/10

DESIGN

5.5/10

Pros

  • One-stop Trading Platform
  • Fiat currency
  • 24/7 Support

Cons

  • High Fees
  • No Live Chat Support