Eqonex is it a scam? Reviews and description

Cryptocurrency exchange EQONEX - technological platform, affiliate program, discounts when trading the company's own cryptocurrency, for active traders, raffles for large cash prizes, educational portal and 24-hour support service.

The company offers its clients a high level of protection and a terminal with an intuitive interface. It works with seven well-known cryptocurrencies and fiat assets. To understand if you can trust eqonex.com, a newcomer to the digital asset trading market, let's take a closer look at it.

 

Why EQONEX?

Eqonex Capital Pte Ltd started in 2020. So far. crypto exchange trades only seven assets, cryptocurrency pairs - 9, but has already prepared for customers a good selection of benefits:

• training sessions for traders;
• own cryptocurrency;
• leverage;
• affiliate program;
• modern terminal;
• community support, a help center;
• API;
• two-phase verification and an overall high level of security.

Another plus is that you can use fiat accounts on the exchange. The site is not yet translated into languages other than English, but it is designed so that even a beginner can register and start working.

 

How to exchange cryptocurrency on the platform eqonex.com?

Exchange eqonex.com works with known currencies. The exchange is possible through a personal account after registration and confirmation of the account. Only verified users can withdraw funds. To exchange, you need to log in to the site under your account, select the asset you want to work with, and enter the amount to be exchanged.

 

Verification

Before you start working, you need to register, open a personal account and verify your account. You will need your personal documents, passport or ID card with proof of address. After uploading the documents, all you need to do is take a selfie with the document.

 

Deposit and withdrawal

Withdrawal of earnings, replenishment of deposits and currency exchange is carried out through a personal cabinet. To work with fiat currencies, you will need to link a bank card or account to a personal account. All operations will pass through it.

ECONEX Crypto Exchange Commission

The amount of commission depends on the type of trading. The company ECONEX takes a commission on spot trading of 0.08% for maker and 0.09% for taker, for open-ended futures for maker free, for taker 0.03-0.08%.

How do I get a discount on commissions?

Today there are no discounts on withdrawal fees.

Withdrawal fees

The amount of commission depends on the selected withdrawal method and asset. In addition, a separate charge will be, for example, when using fiat currency. The commission will be from $40.

 

EQONEX bonuses

У eqonex.com there is no bonus program yet, but the company is preparing promotional offers. The information is published by a pop-up on the home page of the site or in social networks.

Cash prize drawings

From time to time the company ECONEX conducts drawings of money prizes among active traders. To become a participant, you need to consistently participate in trading for three months or more.

Affiliate Program

The exchange pays 30% commissions for each new referral brought in through a client link. To become an affiliate, you need to get a link code in your personal cabinet.

 

Complaints at eqonex.com

In the Russian-language segment of the Internet there are no reviews, comments or complaints about the exchange. The company has not been operating for a long time and there are no comments from users on the English-language review sites yet.

If there are any complaints about EQONEX, we will be sure to post the information on social media. Sign up so you don't miss anything!

Please keep yourself informed about news and complaints. We copy the most valuable information to social networks, so please sign up!

 

Regulation

The Exchange service is opened by Eqonex Capital Pte Ltd, Singapore, registered at 140 Robinson Road, 068907, Singapore. Register of Legal Entities number: 201827813E.

• Read the "User Agreement" on the EQONEX website.
• Read the "Privacy Policy" on the EQONEX website.

ECONEX User Agreement

When registering on the exchange portal clients agree with the user agreement. Like everything else on the page, the document is not translated into Russian.

The agreement is very detailed. But it deals mostly with issues related to the legal aspects of the exchange. For example, on its pages there are clauses about countries with economic sanctions.

A separate paragraph contains a standard warning about the financial risks associated with trading.

Any transactions on the exchange platform may be delayed due to circumstances beyond the company's control. For example, when accounts are seized or the legitimacy of a customer's activities is verified.

In his work eqonex.com is governed and regulated by the laws of Singapore.

Customer Service eqonex.com

A detailed help center is available on the site to support users. You can ask a question through the feedback form and chat with a consultant available on every page of the site.

 

Is EQONEX a scam?

Exchange EQONEX works since 2020, but it is already clear that eqonex.com is not a scam. There are no complaints from customers about the work of the exchange. It has developed its own cryptocurrency. There are not many trading pairs and assets on the platform so far, but the company is developing, cooperating with other exchanges, adding new assets and services. The advantages: a high level of security, relatively low commissions, the ability to open fiat accounts, API, affiliate program, 24-hour customer support, a modern terminal. For beginners EQONEX opened courses, an additional section, where new intensives and webinars are uploaded. For the time being, the exchange website is in English only.

 

Conclusion

In the basement of the site there are links to new programs and services exchanger EQONEX. The new terminal is ready to work and is undergoing testing. The exchange team publishes news from the world of trading or digital assets on its blog and social media accounts. It is also important that all data about the company, address, team and new projects is open and available for viewing. On the general website of the organization there is a section with vacancies, where a list of open job offers is published.