Volume 24H: BTC 1,209.0615/24h
ACX.io is a full cryptocurrency exchange that has operated the world's first Cryptocurrency Arbitrage Fund since 2013 and are the largest liquidity pool and orderbook for BTC in Australia. ACX allows users to buy and sell Bitcoin, Ethereum, and other digital coins for no fees, as well as deposit funds via bank transfer.
The account view of this trading platform is simple and intuitive to understand even for a novice user. Placing a buy or sell order is easy and users can watch the live trades and price charts in the same window. The platform also offers an order book and the option to place and cancel already opened orders. ACX is best for beginner users with an Australian bank account.
Crypto Currencies Support
Traditional Currency Support
- Australian Dollar (AUD)
- Web Interface
Stock Market Options
- Allows customization of charts
- Limit Order
ACX states that they hold over 95% of user funds in an offline state of the art cold storage system. They offer two-factor authentication for protecting user passwords and require identification documents for account verification. Also, the exchange platform undergoes regular IT security and financial audits.
Advanced Security Features:
- Email reports of logins
- Monitor bahavior patterns for suspicious activity
- Email Notification of withdrawal
- Downloadable trading data
- Protection from DDoS attackes
- Regular Auditing Programs
Legal Registration or Compliance:
- KYC/AML Compliant
The ACX exchange is run by Allan Guo, General Manager, Paul McKenzie, Operations Manager, and Evelyn Khoo, Compliance Officer. Although they claim to be one of the top 10 globally ranked exchanges, this platform is not even near that status. They are mostly backed by an unknown Hong-Kong registered company called Peak HK Limited.
Australian users should proceed with great caution before depositing fiat funds with this platform as the company information listed on the website is thin and misleading. Also, there have been unconfirmed reports on Reddit from users complaining about slow-response times from the ACX.io customer support as well as voicing scam suspicions about this platform.
Deposit from bank account, Withdrawl funds to bank account, Send/Receive Crypto
The platform offers several crypto trading pairs against the Australian Dollar. Fiat deposits work only with Australian bank accounts. ACX states that there are no trading fees on their platform, just a 1% bank account withdrawal fee. The withdrawals are limited to 10,000 AUD/account/day and a minimum of 100AUD/withdrawal. Due to U.S.Tax Regulation's, ACX is unable to serve users from the US.
Only accepts deposits and withdrawals via Australian bank accounts