KCEX is a Seychelles-based cryptocurrency exchange that claims to offer low fees and a secure trading platform for its 1 million+ users.
In this KCEX review, we will provide all the necessary information regarding the exchange, ranging from its trading platform to fees, withdrawal methods, security, and support. This review will arm you with valuable details to help you know whether KCEX is a good exchange for trading or not.
KCEX Overview
KCEX is a crypto exchange founded in 2021 and registered in Seychelles. The exchange claims to provide cutting-edge financial derivatives, spot, and Futures trading services with a wide range of assets for 1 million+ users to choose from. KCEX is a relatively new platform that provides spot and futures trading services to its users.
With a total score of 5.6 on CoinMarketCap, KCEX boasts a daily trading volume of $1.21 billion for spot trading and $2.41 billion for futures. The exchange also provides a good range of crypto assets, with 200+ cryptocurrencies, and 300+ markets.
As far as trading platforms go, KCEX provides a seamless platform that is user-friendly and costs no time at all. Users can navigate through the platform easily, either on their Android phones using the mobile app, or on a computer.
KCEX offers spot and futures trading platforms to users, with access to tools that are suitable for both beginners and advanced traders. It also offers good speed on trades, with leverage of up to 100x. For fees, KCEX provides some of the lowest on the market, putting the exchange ahead of many of its competitors. It provides a 0% spot fee, with a 0% maker and 0.02% taker fee on trades.
A major disadvantage of KCEX is that it does not accept fiat currency transactions, limiting withdrawals to cryptocurrencies. This means that users can only make deposits in crypto. However, being a no-KYC exchange, users don’t have to go through long verification processes to begin trading or perform transactions.
KCEX appears to offer decent security for its users, with 24-hour support service.
KCEX Pros and Cons
| 👍 Pros | 👎 Cons |
|---|---|
| ✅ Very low fees | ❌ Does not offer fiat options |
| ✅ Good range of cryptocurrencies | ❌ Offers limited products for passive earning |
| ✅ Quality user experience | ❌ Annoying sound effects |
| ✅ Fast trading | |
| ✅ Advanced tools |
KCEX Signup and KYC
KCEX offers a simple signup process for any user, and it can be done in a matter of seconds.
To get started with KCEX, intending users would need to head over to the website or download the mobile app and hit the signup icon. On the signup page, users would be faced with two options, asking them to sign up using their mobile number or email address. After that, you would be asked to input a strong password. You would then need to verify your email address. Once verified, you can proceed to the platform and start trading.
One of the perks of KCEX is that it operates as a non-KYC exchange, allowing users to trade and withdraw cryptocurrencies without going through long verification processes, and also for those who love to remain anonymous. However, users who intend to withdraw crypto at higher limits will need to verify their identity through KYC.
The basic KYC verification comes with a withdrawal limit of 30 BTC. To verify identity, all you have to do is tap the profile icon and click on verify. Once you’ve done that, you will be asked to pick your nationality and choose what document type you wish to submit. If submitted, your account will be verified within minutes.
KCEX Trading
KCEX provides two trading products for users. These are spot and futures trading. The platform also supports trading in 300+ markets and with 200+ cryptocurrencies. The trading pairs on the exchange include BTCUSDT, 1000PERPUSDT, ETHUSDT, TURBOUSDT, and SOLUSDT.
Whether trading spots or futures on KCEX, the platform is suitable for both beginners and expert traders. The platform offers high liquidity on trades which promotes fast execution, with up to 100x leverage on futures pairs.
KCEX provides a safe and excellent real-time trading experience for beginners and expert traders. This ranges from quality trading tools to high trading speed and a safe trading environment. Some of the advanced tools on the platform include a custom TradingView terminal, depth chart, limit order, trigger order, and Fibonacci retracements.
Spot trading
Spot trading on KCEX allows users to select from a range of 200+ cryptocurrencies
Trading fees on the KCEX spot trading platform are very low. The exchange charges a 0% trading fee for maker and taker on its spot trading terminal, making it one of the lowest on the market. Its spot trading platform also comes with quality trading speed and charting tools.
Futures trading
Trading futures on KCEX offers more than 300 trading pairs, with leverage up to 100x. Although suitable for every class of traders, the platforms tend to appeal better to traders who are relatively new or are yet to be full-time professionals.
The futures trading platform is simple to navigate, with swift tools for trading perpetual futures.
The fees for trading futures on KCEX are 0% for the maker and 0.02% taker. Users find it very easy to place orders and also monitor the trades they take on. They can also check their complete trading history on the screen.
KCEX Fees
The exchange fees on KCEX stand out the most on the exchange, setting it above many of its competitors. The exchange offers some of the lowest fees on the market.
KCEX does not support fiat currency trading, meaning that all deposits and withdrawals are made in cryptocurrencies. However, they come at a no-fee cost. Users can deposit and make withdrawals from the platform at zero cost.
The two categories on the KCEX platform for trading activity are Market Makers and Market Takers.
Spot trading fees
Trading on the KCEX spot platform comes with a 0% maker and taker fee, making it highly competitive.
Futures trading fees
Like spot trading, futures trading on KCEX comes with highly competitive trading fees for users to enjoy. This puts the exchange at the peak of its customers’ interests. Trading futures on KCEX attracts a fee of 0% maker and 0.02 taker.
Deposits and Withdrawal fees
KCEX does not support fiat deposits or withdrawals on its platform, therefore all deposits and withdrawals are done using cryptocurrencies.
To make a deposit, users have to connect their wallets to their accounts by heading to the deposit page on the platform. Users can also make deposits from another crypto exchange onto their KCEX account.
KCEX does not charge any fees for deposits or withdrawals. However, transfers from other exchanges or wallets could attract fees for users.
KCEX Products and Services
KCEX offers a limited range of products and services, particularly because it is still a growing exchange. However, some products such as bonuses for new users, with its mobile app make it stand out.
Mobile app
The KCEX mobile app is the go-to app for all of KCEX’s mobile features. All the features available on the traditional website can also be found on the mobile app. The KCEX mobile app offers the following features:
1. User-Friendly Interface: The app aims to provide an intuitive experience, allowing users to access their accounts, view real-time market data, and execute trades seamlessly from their smartphones or tablets.
2. Supported Cryptocurrencies: KCEX offers a variety of cryptocurrencies for trading. The available coins and tokens may vary over time, so it’s essential to check their official website or app for the most up-to-date list.
3. Security Measures: KCEX emphasizes security features such as two-factor authentication (2FA) to protect user accounts. Most of the users’ funds are stored in cold wallets (offline storage) for enhanced security.
4. Fees and Payout Percentages: KCEX charges fees for trading, withdrawals, and other services. Payout percentages depend on market conditions and liquidity.
5. Customer Support: In case of any issues, KCEX provides customer support through its website or app.
The mobile app is available for download on Playstore and Apple Store.
KCEX Bonuses
KCEX offers a few bonus options for users, right from their onboarding onto the platform. There are three major bonuses that the platform offers; the welcome bonus, airdrops, and promo code bonuses. 
- Welcome Bonus: When you sign up on KCEX, you may be eligible for a welcome bonus. For instance, some users have reported receiving a 20 USDT bonus after using KCEX for two weeks. To qualify, you typically need to make an initial deposit (e.g., 100 USDT) upon sign-up and engage in trading activities.
- Airdrops and Regular Events: KCEX occasionally hosts airdrops and events where users can earn additional rewards. These events may include zero-fee trading periods, special promotions, or other incentives. Keep an eye on their announcements to participate and benefit from these opportunities.
- Promo Codes and Referrals: KCEX periodically releases exclusive promo codes that provide substantial benefits. Additionally, using a referral code during registration can amplify your advantages. As your referred users actively trade, your bonuses accumulate.
KCEX additional products
Some additional products
- KCEX Affiliate program: KCEX offers a newly built-in affiliate program that allows users to register and become a direct affiliate for the exchange, and stand a chance to enjoy 70% of spot and futures commission.
- Blog and News Updates: KCEX provides a custom blog service that is available on its Help Center. Users can access blog posts, the latest events, new listings, and maintenance news on the help center. This allows users to stay up-to-date on the latest news and information about the website.
- Guides and FAQs:
KCEX typically provides guides and frequently asked questions (FAQs) to assist users. These resources cover topics related to account setup, trading basics, security measures, and troubleshooting common issues.
KCEX Security
KCEX provides commendable security features, which many non-KYC exchanges are usually guilty of. Users can set up Google authenticators for their accounts. It also allows users to turn on SMS notifications for any activity, enable an anti-phishing code, a strong password, as well as wallet addresses. It also provides SSL encryption which safeguards user information and data.
This makes the security on the exchange quite suitable for users, even though a lack of proper verification requirements may hinder potential users who seek added security.
KCEX Customer support
KCEX provides a quality customer support center, which attends to issues or complaints on a 24-hour basis via live chat or email support. The live chat support responds to users in under a minute.
The support on KCEX comes in a multilingual fashion, reaching the languages of their 1 million+ users worldwide.
Lastly, users can get all the valuable information, support, and updates from the exchange on its Help Center.
Conclusion
KCEX is a relatively new exchange, but it offers a quality platform for easy navigation and access to products.
With its spot and futures trading platforms, users can trade on a 24-hour basis with great tools, a good range of assets, and a custom TradingView terminal for better analysis. The fees on the platform are also top-notch, making it a valued competitor with other top crypto exchanges.
Although KCEX does not offer fiat support, the process for making deposits and withdrawals is still very easy. Users can always connect their wallets to their accounts for easy transporting of assets.
The exchange also lacks quality products such as a staking platform or copy trading. It does however provide a few bonus offers for new users, with airdrops available for fast claim.
It also has great user support, and a fairly secure platform, and does not require KYC to begin trading.
Overall, KCEX is a good platform for trading, however, it lacks advanced features and fiat support.
FAQs
Is KCEX legit?
KCEX is a Seychelles-based platform that has obtained regulation from prominent countries around the world, including the United States and Canada.
What are KCEX fees?
KCEX offers a zero-fee structure for its spot trading platform for makers and takers. For futures traders, KCEX offers a 0 %maker fee and a 0.02% taker.
Is KCEX available in the United States?
KCEX claims to be registered and available to traders in the US, although this has not been confirmed by any certification from their regulatory bodies.
Where is KCEX located?
KCEX is a cryptocurrency exchange located in Seychelles.
Does KCEX have a native token?
There is currently no native token for the KCEX exchange.
