RESEARCH & ANALYSIS
FOR THE CRYPTO ECONOMY.

IDCM

IDCM Exchange Review

Centralized

IDCM Overview

  • 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

      50082.954 BTC

      • IDCM Total Trading Pairs

        68

        • IDCM Margin Trading

          Yes

          • IDCM Deposit fees

            HKD and USD 2%. Cryptocurrency deposits are free.

            • IDCM Fiat Deposit

              Yes

              • Accepted Payment Method

                None

                • IDCM Native token

                  Yes

                  • Native token smart contract

                    N/A

                    • IDCM Trading Markets
                      • IDCM Stablecoins trading

                        IDCM Withdrawals

                        • Daily Withdrawal Limit

                          daily limits depend on currency

                          • IDCM Withdraw fees

                            VHKD – Free
                            USDT – 20 USDT
                            USD – 0.5%
                            Full list here

                            • IDCM Withdraw fees discount

                              Maker 0.25%
                              Taker 0% (free)

                              • Proof of Reserves

                                N/A

                                IDCM Exchange Rating Analysis

                                Last edit 17.07.2019

                                • 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