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.
24h Trading Volume84028.356 BTC
IDCM Exchange Review
VHKD – Free
USDT – 20 USDT
USD – 0.5%
Full list here
IDCM Fees Discount
Taker 0% (free)
IDCM Deposit feesHKD and USD 2%. Cryptocurrency deposits are free.
IDCM Trading fees
Accepted Payment MethodCrypto to Crypto, Crypto to FIAT