ACX Exchange ReviewCentralized
ACX is one of the world’s few Australian cryptocurrency exchanges that has been operating since 2016. It is owned and managed by the Hong Kong-based Peak HK Limited, which has been running a cryptocurrency arbitrage fund since 2013.
In a relatively small time, ACX has managed to amass a large number of users, becoming one of the largest Australian exchanges, in terms of trading volume. According to a review, its daily Bitcoin volume is over $12 Mln AUD. It offers its users a diverse portfolio, allowing them to trade Bitcoin, Bitcoin Cash, Ethereum and Hcash (HSR) against the Australian Dollar.
Another thing that makes ACX standout from the rest is their zero trading fees policy, which is unusual, since most exchanges charge trading fees. However, ACX does charge 1% withdrawal fees for fiat currency to a bank account. These characteristics make ACX an attractive exchange to use for trading cryptocurrencies pair in the Australian market.
The downside to ACX is that it is still mainly focused on the Australian market and does not accept bank accounts, which are not of Australian origin. Moreover, the users can only deposit withdraw their earnings in AUD, which fairly limits the investor pool to only from Australia.
ACX also a strict KYC policy, which it claims, can take up to two business days. This means that the users cannot trade anonymously on the ACX exchange and have to provide proof of their identification before they can start using the platform. However, despite everything, the platform has enjoyed good reputation and the overall view of the platform is positive.
24h Trading Volume737.830 BTC
ACX Exchange Review
BTC – 0.0001 BTC
BCH – 0.0001 BCH
ETH – 0.001 ETH
Full list of fees can be found here
ACX Deposit feesFree
ACX Trading fees
Accepted Payment MethodCrypto to Crypto, Crypto to FIAT