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Deepcoin Review 2024 – Fees, Features, Facts & More

Publisher

January 2, 2024
Deepcoin Review 2023

Deepcoin is a secure, decentralized crypto derivatives exchange founded in 2018. The platform has over 1 million users across over 20 countries. With access to over 150 cryptos, low trading fees, and advanced trading tools, Deepcoin ranks as one of the top crypto exchanges for advanced traders.

Other key features of Deepcoin include its advanced security, fortified risk management system, comprehensive trading interface for spot and futures trading with over 200 trading pairs, and leverage of up to 125x on derivatives and perpetual contracts.

Another thing about Deepcoin is its comprehensive Copy trading feature, allowing beginners and inexperienced traders to earn from executing trades of top traders and investors on the platform. That serves as an excellent way for them to make while also learning from the trading strategies of these experts.

 

Pros and Cons of Deepcoin

👍 Deepcoin Pros👎 Deepcoin Cons
✅ Low trading fees❌ No proof of reserves
✅ Offers up to 125x leverage on derivatives and perpetual contracts❌ No demo trading
✅ Copy trading❌ Geographical restrictions
✅ Adequate security
✅ Mobile support
✅ Advanced trading tools
✅ Fortified risk control systems

 

Deepcoin Sign Up and KYC

Deepcoin’s user-friendly interface makes it easy to get started. Creating an account with Deepcoin is very simple. Knowing that KYC is mandatory for depositing, trading, or withdrawing crypto on the platform is essential. You can follow the step-by-step guidelines below to start signing up and completing your KYC on Deepcoin.

  1. Visit the Deepcoin website (Click here)
  2. Click on “Register” at the top right corner of the homepage
  3. Provide a valid email address or phone number and create your password. Then click on “Register.”
  4. A code will be sent to your mailbox. Provide the code to verify your email address. After which, you can now access your account
  5. After your account is created, you’ll be required to verify your identity to enjoy all the platform’s features and remove any restrictions on deposits and withdrawals.
  6. To verify your identity, you must upload your personal information and a valid government-issued ID, proof of address, and a live selfie.
  7. After verifying your identity, you can deposit Bitcoin and other cryptos and start trading without restrictions on the platform.

 

Deepcoin Products, Services, and Features

Trading Features:

Deepcoin offers various trading products, including spot, futures, copy trading, crypto convert, etc. Users have access to over 150 cryptos and over 200 trading pairs with low trading fees for active trading. The exchange also has a 24-hour trading volume of over 800 million dollars, according to Coinmarketcap.

 

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Regarding spot and futures trading, Deepcoin offers one of the most intuitive trading interfaces that is easy for beginners and is equipped with Advanced trading tools, including advanced order types, technical indicators, real-time charts, and more, making it a versatile choice for beginners and experienced traders.

The platform also offers leverage of up to 125x on derivatives and perpetual contracts, making it an attractive choice for active traders looking to maximize their profits during market fluctuations. However, Deepcoin implements a Dual-price liquidation protection mechanism to protect highly leveraged traders from significant losses.

 

Products and Services

Aside from allowing users to buy cryptos with various payment methods, Deepcoin also enables users to convert their cryptocurrencies. You can instantly convert BTC to ETH or convert among any supported cryptos on the exchange at reasonable rates.

Furthermore, Deepcoin stands out as one of the best exchanges for earning passive income, offering a rewards hub where users earn from performing various tasks, an affiliate program for users to earn from referrals, copy trading, and many more. That makes Deepcoin an attractive choice for traders seeking to earn passive income.

For the Deepcoin affiliate program, you can earn up to 30% commission on the trades of all users that join the platform using your affiliate link. You also get to make other trading benefits, including one-on-one marketing support, an upgrade on your rebate ratio, and more. Your referrals also get a 10% discount on all their trades.

To be an affiliate on Deepcoin, you must first submit an application the platform will review. Once your application is approved, you’ll get your affiliate link, which you can share with friends, family, and other traders and earn up to 30% commission on their trades.

The Deepcoin rewards hub is also very lucrative for earning extra income by performing basic tasks on the platform. In addition, traders can check the progress of tasks at any time, which is more convenient and intuitive. That makes Deepcoin an attractive choice for traders and investors seeking an exchange where they can earn passive income.

Deepcoin also offers Copy trading, enabling beginners and inexperienced traders to profit from the platform’s top traders and investors. All you have to do is select a trader and start copying them with a single click. Consider their P&L, followers, win rate, and more to help you decide on the right trader to copy.

Another thing about Deepcoin is that it offers users a very intuitive and user-friendly mobile app for trading on the go. The app features all the essential features on the desktop version and is available for Android and IOS users with a 3.5/5 star rating on the Google Play Store.

Lastly, Deepcoin’s beginner guide section has all the necessary educational resources, including tutorials. It guides beginners and inexperienced traders to help them understand cryptocurrencies better and navigate the platform more efficiently.

Deepcoin also provides a blog for users to stay updated with what’s happening in the crypto world. The deepcoin blog offers users a platform to stay informed about the latest developments in the crypto market.

 

Deepcoin Trading Fees

Trading fees on Deepcoin are very competitive. Users have access to prices as low as 0.1% for both makers and takers on the spot market, while for futures trading, payments are set at 0.04% for makers and 0.06% for takers.

 

Deepcoin Withdrawal Fees

Deepcoin only allows cryptocurrency withdrawals. You can use any of the crypto supported on the platform to withdraw. There are always fees for crypto withdrawals, but they vary depending on the type of crypto you’re withdrawing and the network you’re using.

 

Deepcoin Security

Deepcoin is well known for its advanced security for safeguarding user assets. The platform implements adequate security measures, including two-factor authentication, cold storage, email confirmations, etc.

While Deepcoin doesn’t employ anything out of the ordinary regarding security, the platform is still very secure and has never been hacked. Additionally, deepcoin is regulated as a Money Services Business (MSB) by the Financial Crimes Enforcement Network (FinCEN) and complies with various regulations.

 

Deepcoin Customer Support

Deepcoin offers 24/7 multilingual customer service via live chat and email support. The company also provides a ticketing system to simplify the customer support experience. With all these measures, Deepcoin guarantees a one-minute response time, which shows the platform’s dedication to enhancing the customer service experience and responding to user queries.

 

Conclusion

Deepcoin seems to be a secure and reliable crypto exchange, offering various trading products,relatively high leverage, an intuitive trading interface, advanced trading tools, and many more. That makes the platform an attractive choice for active trading.

Deepcoin stands out because its wide range of passive income products makes it stand out, allowing users to earn extra income seamlessly on the platform. With a comprehensive rewards hub, an affiliate program, copy trading, and many more, Deepcoin will enable users to earn more income, improving their overall trading experience.

So whether you’re looking for a user-friendly experience or want to delve into more advanced trading, Deepcoin offers a comprehensive solution to meet all your needs.

 

Visit Deepcoin

 

Frequently Asked Questions

Is Deepcoin Safe?

Yes, Deepcoin is a secure and reliable crypto exchange. The platform implements advanced security measures, including two-factor authentication and cold storage, to ensure the safety of user assets. Also, Deepcoin has never been hacked.

 

Can you Buy Crypto on Deepcoin?

Yes, Deepcoin allows users to buy Bitcoin and other cryptos seamlessly with various payment methods on the platform. Users can also convert their cryptos instantly without any hassles.

 

Can you deposit fiat on Deepcoin?

No, fiat currencies are not supported for direct deposits on Deepcoin. That means that Deepcoin is designed for users who already own some cryptocurrency. However, you can purchase crypto with fiat currency via various payment methods on the platform.

 

Is Deepcoin Registered and Licensed?

Yes, Deepcoin is regulated as a Money Services Business (MSB) by the Financial Crimes Enforcement Network (FinCEN) and complies with various regulations. Additionally, the platform has obtained three authoritative licenses from the FinCEN financial administration of the United States, the NFA Association of the United States, and FINTRAC certification of Canada.

 

Can U.S. residents use Deepcoin?

Yes, Deepcoin is currently available to traders and investors investors in over 20 countries, including the United States, the United Kingdom, Australia, Singapore, and Canada.

 

What is the Maximum leverage on Deepcoin?

Deepcoin offers high leverage of up to 125x on derivative and perpetual contracts with access to over 200 trading pairs for active trading. That makes Deepcoin an attractive choice for users seeking to maximize profits during market fluctuations.

 

Does Deepcoin have a Mobile Application?

Yes, Deepcoin features a comprehensive mobile application for trading on the go, available for Android and IOS devices with a 3.5/5 star on the Google Play store. Also, the app has all the necessary features, including charts and other advanced tools for seamless trading, just as the desktop version.

 

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