Beginner’s Guide to Tidex Exchange: Complete Review

As the cryptocurrency sector continues to mature, the market is becoming populating with an ever-increasing number of exchanges. Tidex is a Waves-integrated exchange that aims to stand out by providing access to a number of Waves assets, as well as more popular cryptocurrencies such as Bitcoin, Litecoin, and Ethereum. The exchange also allows trading in certain digitized forms of fiat currencies including WUSD, WEUR, and USDT. In addition, Tidex also allows users to list their own custom tokens upon approval, much like the Waves platform.

 

Tidex is a crypto to crypto exchange that was established in 2017, and it allows users to trade in both cryptocurrencies and Waves assets. The company started out being based in the UK, but has moved its operations to the US, and is currently located in San Francisco, USA. Prior to this, the project moved to Russia as the team behind Tidex remains close to the Waves team who are also based in Russia. The Tidex website is currently available in English and Russian, however their services can be accessed from anywhere in the world.

Despite only opening up its platform in 2017, Tidex is already generating a significant amount of trading volume and there are currently over 100 coins listed on the exchange, with 185 market pairs linked to the 4 base currencies of BTC, ETH, USDT, and WAVES being available. Tidex is currently a top 40 exchange in terms of daily volume and is currently generating approximately $19,500,000 worth of trades daily. This number is dominated by the Waves/BTC and ETH/BTC pairs which currently account for over $16m worth of daily trades. The Tidex team have developed an easy to use platform, with an intuitive user interface that allows users to easily control and track their trading activity; the platform also makes use of a number of significant key features.

 

Key Features

  • Functionality – Tidex makes use of a web-based trading platform, and utilizes an easy to use and intuitive user interface that also has a wide range of functions. In addition to features such as the order book, and trading history, there are also responsive charts with different time frames and design options and a wide range of technical analysis indicators.
  • Customer Support – A support team is on hand to deal with any issues 24/7, and users can contact the team by opening a ticket in the Support Section. The Tidex team can also be contacted via their Twitter account, Telegram group, and Facebook page. There is also an FAQ page in the Support Section that addresses the most common issues, as well as a number of clearly written Guides that help users to navigate the platform.
  • Trading Options – The site provides a good range of trading options and users have access to supporting limit and market orders, margin trading, and a simple fee structure; with a 0.1% fee for market makers, and 0.1% for market takers.
  • Technology – Tidex provides its users with an API that allows cross-platform exchanges, and also makes it platform assessable via desktop, tablet, and mobile. This allows users to perform transactions in the setting that suits them best and also allows for users to keep track of their accounts even while travelling.

Tidex Account Signup

Creating an account on the site is a straight forward process, and the main page has a green “Create An Account” tab in the centre of the page. Visit the Tidex website and click on the “Create An Account” button. You’ll be faced with the following options.



Add a comment