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Saturday, December 3, 2022

Gopax Cryptocurrency Exchange Review: CROSS Is Legit

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About Gopax Cryptocurrency Exchange

Gopax Cryptocurrency Exchange is a South Korea-based exchange that offers users to trade various blockchain asset pairs with KRW, BTC and ETH. This is founded by Streami, Inc, a company that specialises in blockchain technology, cross border remittances and cryptocurrency exchange with presence in Hong Kong and USA.

The Gopax cryptocurrency exchange recorded $ 1.56M in trading volume over the last 24 hours. CTC/KRW is currently the most active trading pair on Gopax, and saw $ 1.22M in trading volume in the last 24 hours. The biggest gainer on Gopax today is MCT/KRW, which increased by 8.00% on the day. The worst performing pair on Gopax is currently REQ/BTC, which saw a -22.40% drop. On Gopax, you can currently trade 135 trading pairs across 2 markets.

How To Sign Up & Start Trading

ExchangeDetails
Exchange NameGopax
Exchange TypeCryptocurrency
Withdraw Fee0.002 BTC
Support24/7
LangugaeEnglish
Taker Fee0.20%
Maker Fee0.20%
Website Homepage

How To Sign Up & Start Gopax 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 Gopax 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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Gopax Fees

Gopax Trading fees

Many exchanges charge what we call taker fees, from the takers, and what we call maker fees, from the makers. The main alternative to this is to simply charge “flat” fees. Flat fees mean that the exchange charges the taker and the maker the same fee.

This exchange charges a flat fee of 0.20% per trade. This is an acceptable competitive fee, considering that the global industry average is arguably around 0.25%.

Gopax Withdrawal fees

Gopax charges a withdrawal fee amounting to 0.002 BTC when you withdraw BTC. This fee is substantially above the industry average, arguably being around 0.0008 BTC per BTC-withdrawal.

Deposit Methods

At this place, you can deposit through both wire transfer and credit cards. This can be helpful especially for newer crypto investors who have not amassed a big number of cryptocurrencies yet.

Gopax Security

The most important thing for us is to keep your assets and personal information safe. Security experts are always working hard to provide an environment where customers can trade safely.

Mandatory 2-Factor Authentication (2FA)

They use additional authentication methods to keep your account safe. Make your account more secure with Google Authenticator.

24/7 deposit/withdrawal monitoring

Gopax complies with international standards for anti-money laundering (AML) and counter-terrorist financing (CTF). Gopax detects suspicious history through an automated AML/CTF system.

Multiple Approval System

No security mechanism should be entrusted to any single individual. Gopax’s asset management system is protected so that it can only be accessed with the approval of multiple managers.

Strict Identity Management

Gopax separates and manages personnel for deposit and withdrawal processing and asset management. Gopax’s employees passed thorough background checks, including criminal backgrounds, during the hiring process.

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