ACX.io

ACX.io

  • Australia

  • Full trading platform

  • Acx.io

  • Since 2018

ACX.io
In Social Media:
Intuitive Ease of use,  Enough secure,  Anonymously trading

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)

Language Support

  • Chinese
  • English

Country Support

  • Australia

Platforms Systems

  • Web Interface

Stock Market Options

Interface
customisation:

  • Allows customization of charts

Advanced
Options:

  • Limit Order

ACX.io security levels are exceptionally high. They offer 2FA and a withdrawal white list option. They use an elastic multi-stage wallet strategy ensuring that 80-90% of funds are kept offline and secure. Also, for withdrawals, users are required to pass an enhanced verification process providing proof of the validity of their identification documents.

Summary:

2 Factor Authentication
Yes
Funds Insured
Funds are not insured
Private Keys Stored On
Exchange platform
Storage Type
At least 80% of user funds are stored in cold storage

Advanced Security Features:

  • Email reports of logins
  • Monitor bahavior patterns for suspicious activity
  • Email Notification of withdrawal
  • Downloadable trading data

Security Features:

  • SSL
  • 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.

Summary:

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.

Ease of use
Intuitive
Transaction Fees
0.1-0.29%
Deposit/Withdrawal Fee
It's free (fees may be hidden)
Deposit/Withdrawal Fee c For Bank Transfer
$20 to Australian bank accounts
Deposit/Withdrawal Fee For Credit Card
N/A
Deposit/Withdrawal Fee Charged For 3rd party Payments
N/A
Anonymous Trading
Yes

Deposit/Withdrawal Options:

Deposit from bank account, Withdrawl funds to bank account, Send/Receive Crypto

Functionality:

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.

Most common
customer complaint:

Only accepts deposits and withdrawals via Australian bank accounts