Pros
Cons
Quick Summary
| Headquarters Location | Gaithersburg, Maryland, USA |
|---|---|
| Fiat Currencies Supported | USD |
| Total Supported Cryptocurrencies | 10+ |
| Trading Fees | 0.30% - 0.40% |
| Deposit Methods | Bank Transfer, Debit Card, Credit Card, Cryptocurrency |
| Support | Twitter, Help Center Articles, Support Ticket |
| Mobile App | Yes - iOS, Android |
Welcome to our review of INX, a digital asset platform that’s been gaining traction in the crypto space. Here, we delve into the various aspects of INX to provide you with a comprehensive understanding of what this exchange has to offer.
Welcome to a deeper exploration of INX, a digital asset platform that’s increasingly prominent in the crypto space. We will unearth additional layers of information that might interest those keen on understanding the nuances of INX.
This platform has shown resilience and innovation in adapting to the dynamic world of crypto trading, reflecting an evolving landscape that continues to attract diverse participants.
About INX
INX has carved out its place in the world of cryptocurrency by providing a blend of traditional trading systems with the innovative world of crypto. As a digital asset platform, INX aims to offer a secure and regulated trading experience for its users.
The history of INX is punctuated by its commitment to compliance and the goal to streamline the trading process for both cryptocurrencies and security tokens.
Since its inception, INX has navigated through a rapidly changing cryptocurrency market, marking significant milestones influenced by broader industry trends and specific historical events. The proactive stance of INX in aligning with the likes of RA Capital Management, Omega Funds, and Fidelity Management & Research Company showcases its commitment to embedding investment acumen into its operations.
The platform’s evolution echoes the shifts in the digital asset domain, where regulatory clarity and investor interest have shaped the priorities of many exchanges.
INX has a number of active social profiles including Facebook, Twitter, Instagram, LinkedIn, Discord, Reddit, Telegram and YouTube.
INX has a mobile app on both the Apple App Store and Google Play.
INX Supported Cryptocurrencies
INX supports trading on over 10 cryptocurrencies on their platform. This exchange currently supports 5 of the top 30 market cap cryptocurrencies.
View all cryptocurrencies INX supports
- AAVE
- AVAXC
- BTC
- CRV
- ETH
- FTM
- LTC
- UNI
- USDC
- ZEC
Trading Experience
INX prides itself on offering a user-friendly trading experience. The platform has been designed with both novice and experienced traders in mind, providing a seamless flow between different trading functionalities.
With features such as smart contracts and a diverse range of tokens, INX facilitates an engaging trading environment.
The trading experience on INX is tailored to support both the seasoned trader and those new to the crypto space. The integration of smart contracts into the platform serves to automate and secure transactions, fostering an efficient and reliable trading process.
The ambition to deliver a seamless trading journey is evident in their management of trading volume, ensuring liquidity and stability for its users.
INX Fees
Understanding the fee structure of a crypto exchange is crucial for traders. INX has designed its fees to be competitive within the market, considering various factors such as trade volume and the type of trade.
The exchange takes pride in its transparent approach to fees, aiming to eliminate any hidden charges.
An essential element of the INX platform is its fee strategy, which is constructed to harmonize with trading volume while catering to flow Token holders’ preferences. The exchange fees are devised to support a sustainable cash flow for Token holders, reinforcing the financial ecosystem of the platform.
This approach resonates with the need for transparent fee mechanisms, a sentiment echoed by both retail and institutional participants in the crypto trading arena.
| Type | Fee |
|---|---|
| Deposit Fee (Bank Transfer) | 0% |
| Deposit Fee (Credit/Debit Card) | 3.75% |
| Trading Fee | 0.30% - 0.40% |
| Withdrawal Fee (Bank Transfer) | $35 USD |
INX supports a range of different cryptocurrencies with varying withdrawal fees. When looking at Bitcoin, their withdrawal fee is 0.0005 BTC. The average across all other exchanges that we've reviewed is 0.000463 BTC. This means INX charges above the industry average by 8.00%. This is worth noting because it likely means they are also charging higher fees and spreads across all cryptocurrencies on their platform.
Security - Is INX Safe?
Security and regulation are at the heart of INX’s operations. The platform is noteworthy for its adherence to the guidelines set by the U.S.
Securities and Exchange Commission, ensuring that it stands as a compliant and secure option for traders. INX’s commitment to maintaining a secure platform is reflected in its choice of security measures and regulatory practices.
At the core of INX’s framework is a robust commitment to ensuring an exchange safe environment, adhering strictly to the guidelines set out by the U.S. Securities and Exchange Commission.
The security infrastructure of INX is composed of advanced protocols and systems designed to safeguard users’ assets. This includes a stringent rata distribution method that manages the allocation of resources, reducing the risks associated with digital asset trading.
INX Customer Support
Customer support is a pivotal feature of any service, and INX understands this. The exchange provides its users with robust support channels, ensuring that assistance is readily available.
Whether it’s a query about trading fees or platform navigation, INX’s customer support team is there to help.
INX places considerable emphasis on delivering quality management of customer concerns. The platform’s management representative team is trained to address a vast array of inquiries, ranging from Trip type queries for trading expeditions to nuanced issues pertaining to the INX exchange.
This dedicated support underpins the exchange’s reputation for responsiveness and user-centred service.
INX Support Channels
How to Sign Up on INX
- Create Account - Visit the INX website and fill out the create account form. You'll need to include a valid email, set your password and type in other details like your phone number and name.
- Verify Account - Confirm your email, you should get an email asking you to verify your account creation.
- Transferring Funds - Once your account has been verified, you'll be able to deposit using the deposit methods listed below.
- Start Trading Crypto - That's it! You should now have everything in place to start trading.
Deposit Methods
INX Alternatives
Binance
Total Supported Cryptocurrencies
386+
Trading Fees
0.10%
Fiat Currencies Supported
USD, GBP, CAD, EUR, NZD + 75 others
Kraken
Total Supported Cryptocurrencies
244+
Trading Fees
0.08% - 0.40%
Fiat Currencies Supported
USD, AUD, GBP, CAD, EUR + 1 other
OKX
Total Supported Cryptocurrencies
320+
Trading Fees
0.08% - 0.10%
Fiat Currencies Supported
USD, AUD, GBP, CAD, EUR, NZD + 85 others
Final Thoughts
After exploring INX, it’s clear that the exchange positions itself as a forward-thinking choice for traders. With a fusion of regulatory adherence and modern trading features, INX is a noteworthy player in the crypto trading arena.
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Methodology
At Crypto Head we use a rigorous research and rating process to assess each platform. Our star rating system is out of 5 stars and is designed to condense a large amount of information into an easy-to-understand format. You can read our full methodology and rating system for more details.
About The Authors
James Page, previously the lead writer at Crypto Head and a registered psychologist, brings a unique perspective to the world of blockchain and cryptocurrency.
His extensive experience in the industry and ability to present complex concepts in an understandable manner make his articles a valuable resource for readers seeking to navigate the ever-evolving crypto landscape.
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Adam Morris, the co-founder of Crypto Head and a respected crypto expert, offers insightful commentary and analysis on cryptocurrency, NFTs, and the evolving digital landscape.
His extensive experience and features in top-tier publications like Forbes and CNN underscore his deep understanding of the crypto world and its future potential.
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