Eqonex
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Eqonex is a crypto exchange registered in Singapore. 7 cryptocurrencies, 9 trading pairs and its own cryptocurrency.
Cryptocurrency exchange
Official website
Social network
Date of foundation
1970
Head Office
140 Robinson Road, Singapore, 068907.
Types of support
[email protected]Help CenterChatTwitterTelegramInstagramReddit
Languages
English
Founder
EQONEX Group
Company owner
Eqonex Capital Pte Ltd
Manager
Ji Won-Young
Minimum deposit amount
Verified
Cryptocurrency
  • From 1.05 DOT
Fiat Currency
No limits
Unverified
Cryptocurrency
Unavailable
Fiat Currency
Unavailable
Maximum input amount
Verified
No limits
Unverified
Cryptocurrency
Unavailable
Fiat Currency
Unavailable
Minimum withdrawal amount
Verified
Cryptocurrency
  • From 0.001 BTC
  • From 0.001 BCH
  • From 0.007 ETH
  • From 1.5 DOT
  • From 30 USDT
Fiat Currency
  • Bank card (Visa/MC): from 41 USD
Unverified
Cryptocurrency
Unavailable
Fiat Currency
Unavailable
Maximum withdrawal amount
Verified
No limits
Unverified
Cryptocurrency
Unavailable
Fiat Currency
Unavailable
Exchange Commission
Withdrawal fee: 0.0004 BTC / 0.0002 BCH / 0.0035 ETH / 0.075 DOT / 15 USDT / 40 USD
spot trading: From 0.01 to 0.08 % for maker / From 0.02 to 0.09 % for taker
Perpetual futures: 0 % for maker / From 0.03 to 0.07 % for taker
Stablecoin pairs: 0.01 % for maker / 0.01 % for taker
Terminals
Author's platform
Age restrictions
From 18 years
Trading volume per day
39597547 USD
Number of cryptocurrencies
7
Number of trading instruments
9
Margin trading
Initial margin depends on the selected asset
Leverage
Until 1:125Not available for spot trades
Tokenized assets
EQO token
Free demo account
No
Types of accounts
Order execution
Market order, Limit Order, Stop-Loss, Stop Orders, FOC, IOK, GTC
Methods of replenishment
Cryptocurrencies, Bank card (Visa/MC), Bank account
Withdrawal methods
Cryptocurrencies, Bank card (Visa/MC), Bank account
Account Currencies
Cryptocurrencies
Types of cryptocurrencies
BTC, BCH, ETH, DOT, USDT, USDC, GRT, EQO, et al.
Licenses
Licensed
ISO / IEC 27001 certificate: 2013 (Active)
Mobile apps
No mobile apps available
Trader training
Blog and background information, a separate page with webinars and training articles
A way to store cryptocurrencies
Cold: yesCryptocurrency is stored on a deposit connected to the account
Hot: no
Fiat accounts
It is possible to open a fiat account, but there will be a transaction and conversion fee
Scalping
No
Stop loss and take profit function
Set by the trader when trading. Automated trading is available.
Possibility to exchange for fiat currencies
Available only to verified users
Terminal capabilities
Constant display of trade statistics, price movement charts, automatic trading
Analytics
Trading and order history of the user
Additional features
Training platform, New terminal test platform, Jobs
Basic verification
Through a link sent to the specified email address
Advanced AML verification
Laws regulating activities
Laws of Singapore
Law of the Russian Federation "On Digital Financial Assets" dated January 1, 2021
Law of the Russian Federation dated 07.08.2001 N 115-FZ "On Combating Legalization (Laundering) of Proceeds of Crime and Financing of Terrorism"
API
Bonuses
50000 USDReceive
Drawing of money prizes among active traders
Affiliate Program
Registration30% of the deposit amount for each new referral
Advantages
The training area is open
High level of account security
Large selection of trading orders
Leverage is provided
Cross support
Rewards for trading and betting with EQO
Isolated margin
Total transparency
Disadvantages
The site is not translated into Russian
Company requisites
Overall assessment
7.9/10
Date of update
February 21, 2023
    Address
    140 Robinson Road, Singapore, 068907.

    Eqonex is this a scam? Review and Customers Reviews

    Published: 21 October 2021 Updated: 21 February 2023


    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.

    eqonex.com reviews

     

    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.

    ECONEX benefits

     

    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.

    EQONEX exchange cryptocurrency

     

    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.

    eqonex.com verification

     

    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

    I 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.

    ECONEX shenanigans

    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.

    EQONEX company info

    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.

    eqonex.com user agreement

    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.

    ECONEX reviews

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

    ECONEX risks

    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.

    EQONEX transaction cancellation

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

    eqonex.com regulation

    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.

    ECONEX support service

     

    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.

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