RESEARCH & ANALYSIS
FOR THE CRYPTO ECONOMY.

ACX

ACX Exchange Review

Centralized
  • 24h Trading Volume

    233.246 BTC
  • Establish date

    2016
  • Headquater

    Australia

ACX Exchange Review

  • ACX Withdraw

    BTC – 0.0001 BTC

    BCH – 0.0001 BCH

    ETH – 0.001 ETH

    Full list of fees can be found here

  • ACX Deposit fees

    Free
  • Fiat Deposit

    AUD
  • Accepted Payment Method

    Crypto to Crypto, Crypto to FIAT
  • Native Token

    Yes
  • Margin Trading

    No

ACX Exchange Score Analysis

ACX is a cryptocurrency exchange aimed at the australian market which is run from Hong Kong, and manages to serve as a fiat on-off ramp into and out of crypto. The exchange has an intuitive enough site and offers AUD deposits and withdrawals, alongside cryptocurrency. Aside from a somewhat pleasant trading experience, though, the exchange displays very low volume numbers, signaling minimal trading happening on the platform, and its range of cryptocurrency offerings is pretty narrow and limited. ACX has had trouble managing a stable relationship with a banking partner, going back and forth between banks in an effort to find a partner willing to enable them to continue operating in the regulatory-uncertain road they are currently in, serving the Australian market while being stationed in Hong Kong, all the while allowing Australian citizens to send and recieve AUD to the platform. The ACX team is nowhere to be found online – and so we cannot assess the capability of its team to effectively manage the company and assure the security of user funds. Due to this, alongside regulatory uncertainty and lack of funds insurance, we would recommend against entrusting the exchange with user funds for prolonged amounts of time. To conclude, while Australian citizens who wish to enter this new asset class, ACX might be a good one-time option, but they are at a serious disadvantage when looked at in the context of the global crypto market.