Ice3x.com

Ice3x.com

  • South Africa

  • Full trading platform

  • Ice3x.com

  • Since 2018

Ice3x.com
In Social Media:
Intuitive Ease of use,  Enough secure,  Anonymously trading

Volume 24H: BTC/ZAR - 8.793836 BTC/24h

Ice3x.com is a cryptocurrency exchange based in South Africa that focuses on Bitcoin, Ethereum, and Litecoin as digital coins. The exchange uses South African Rand and the Nigerian Naira as fiat tethers. Ice3x is rather market limited due to its regional focus and mostly suited to frequent trading of these currency pairs. The fee structure is transparent and the trading engine delivers.

The Ice3x platform is simple, straightforward and easy to use, while the layout of the trading interface is intuitive. The exchange is web-based, but also has two mobile apps that can be accessed from Android and iPhone. Users must verify their accounts in order to make withdrawals. The customer support is good, with just a few complaints. Best for users interested in the African crypto market.

Crypto Currencies Support

Traditional Currency Support

  • Nigerian Naira (NGN)
  • South African Rand (ZAR)

Language Support

  • English

Country Support

  • Nigeria
  • South Africa

Platforms Systems

  • Web Interface
  • Mobile App

Partners and integrated software

  • Trezor

Stock Market Options

Interface
customisation:

  • Allows customization of charts
  • Allows light and dark theme
  • Allows the movement or resizing of boxes
  • Allows customized alerts and notifications

Advanced
Options:

  • Limit Order
  • Market Order

Ice3x.com 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
  • Email Notification of withdrawal
  • Notification of deposits

Security Features:

  • SSL
  • Protection from DDoS attackes

Legal Registration or Compliance:

  • KYC/AML Compliant

The Ice3x exchange is part of the company Internet Currency Evolution Cubed (Pty) Ltd. The firm is registered in South Africa and was founded in 2013 by Gareth Grobler. One member of the team is Tristan Winters, a rather well-known cryptocurrency blogger. Beyond that, there is very little information regarding the company and team, which users may find suspicious.

Summary:

Ice3x is one of the most popular crypto exchange platforms in South Africa offering support for trading Bitcoin, Ethereum, and Litecoin against the South-African Rand and Nigerian Naira. Fees are mostly low, next to zero in many cases, the platform is fast and intuitive to use for novices. Although it has a low volume, it offers a quick way for South African citizens to buy cryptos.

Ease of use
Intuitive
Transaction Fees
It's free (fees may be hidden)
Deposit/Withdrawal Fee
0-0.09%
Deposit/Withdrawal Fee c For Bank Transfer
0-0.09%
Deposit/Withdrawal Fee For Credit Card
0-0.09%
Deposit/Withdrawal Fee Charged For 3rd party Payments
It's free (fees may be hidden)
Anonymous Trading
Yes

Deposit/Withdrawal Options:

Deposit from bank account, Deposit using credit card, Deposit using 3rd party, Withdrawl funds to bank account, Withdrawal funds to credit card, Withdrawal funds through a third party, Send/Receive Crypto

Functionality:

Ice3x offers markets divided by fiat currency, with the ZAR and the NGN sections including pairs for BTC, LTC, and ETH. ZAR-based accounts can only be funded through South African banks while NGN accounts can be funded through credit cards and VoguePay wallets. Deposits are free, but withdrawals for coins and fiat have a small fee. No deposit or withdrawal fees for NGN operations through VoguePay.

Most common
customer complaint:

Low volumes