IDCM Exchange ReviewCentralized
IDCM, short for International Digital Currency Markets, is a cryptocurrency exchange that is said to be a subsidiary of the IDCG, International Digital Currency Group. It seems that IDCM was launched in April 2018, during the same time when it launched its own stablecoin, namely the Virtual Hong Kong Dollar (Ticker symbol: VHKD). The VHKD is pegged in a 1:1 ratio to the Hong Kong Dollar (HKD) and available for trading at this digital asset exchange.
A review of IDCM exchange shows that the IDCM website is available in 8 languages, including English. Furthermore, it seems that they serve the cryptosphere via 55+ active markets. In addition, they provide trading access to various cryptocurrencies or digital assets. The main currencies available for trading are Tether (USDT), Bitcoin (BTC), Virtual Hong Kong Dollar (VHKD) and Ethereum (ETH). They seem to accept deposits in both USD and HKD.
IDCM also offers what is called the “IDCM Alliance” – an alliance of crypto exchanges that not only make it easy and cost-effective to start a crypto exchange, but also provides continuous support. It seems to come with shared liquidity and a lot of other benefits. It is unclear exactly how large this alliance is, but IDCM seems to enjoy the support of at least 12 other digital asset exchanges from no less than 6 other countries.
An IDCM review reveals that they also offer a mining via trading option that comes with a 100% transaction fee rebate. It seems that revenue gets shared via dividends on this mining platform.
IDCM Exchange Review, Trading Fees, Deposit and Markets
24h Trading Volume
IDCM Total Trading Pairs
IDCM Margin Trading
IDCM Deposit Fees
HKD and USD 2%. Cryptocurrency deposits are free.
IDCM Trading Fees
Maker 0.1% Taker 0.1%
IDCM Fiat Deposit
Accepted Payment Methods
IDCM Native Token
Native Token Smart Contract
IDCM Trading Markets
IDCM Stablecoins Trading
Daily Withdrawal Limit
daily limits depend on currency
IDCM Withdrawal Fees
VHKD - Free USDT - 20 USDT USD - 0.5% Full list here
IDCM Withdrawal Fees Discount
Maker 0.25% Taker 0% (free)
Proof of Reserves
IDCM Exchange Rating Analysis
Last edit 22.11.2019
IDCM is a Hong Kong based crypto currency exchange. IDCM has a below average number of markets and a below average number of trading pairs. IDCM has an experienced CEO with numerous years of experience in management experience. The team is lack however a security expert and public information for most team members. Concerns for this project include poor customer service/support, and a lack of insurance in the case of a hack.
IDCM Exchange Additional Information
IDCM Establish Date