RESEARCH & ANALYSIS
FOR THE CRYPTO ECONOMY.

Tidex

Tidex Exchange Review

Centralized

Tidex Overview

  • Launched in 2017, Tidex has moved its location to many countries including the UK, US, and Russia. Currently, it is headquartered in San Francisco, USA, though it was based in Russia not long ago due to its close ties to the Waves team. The exchange is not regulated, though this is common with many other cryptocurrency exchanges. The exchange’s ties to Waves allows it to offer digitized fiat currencies such as WUSD or WEUR. Users from all over the world can access and trade on the website. The exchange offers trading in no less than 70+ different coins.

    Initially, Tidex offered a zero-fee model for traders, but right now it charges a flat trading fee of 0.10%, which is significantly lower than the global industry average of 0.25%. This definitely gives the exchange a competitive edge, however, it should be kept in mind that most competitive cryptocurrencies charge fees averaging around 0.20%-0.10%. Tidex does not allow trading in fiat currencies, though the aforementioned digitized fiat currencies such as WUSD or WEUR. Other than that, fiat-crypto trading is not allowed on the platform. Cryptocurrencies can be deposited into users’ accounts for a fee of 0.0001 BTC. Withdrawals are also charged with 0.001 BTC.

    For enhanced security, Tidex operates under the guidelines of Money Services Business (MSB) in the US. However, there isn’t detailed information on the security techniques that they use on their website. Likewise, the website does not feature much information about the team behind the exchange, which shows a lack of transparency on Tidex’s part.

    The exchange supports a simply designed website, as well as a mobile app as shown on its homepage. It is claimed that their customer support is available 24/7, and customer comments on online platforms do not show any particular complaints on the customer service. The website’s homepage does not show any language translation options, however once clicked on “Markets”, four different language options appear on the top bar. These languages include English, Russian, Chinese and French.

    Tidex Exchange Review, Trading Fees, Deposit and Markets

    • 24h Trading Volume

      101.026 BTC

      • Tidex Total Trading Pairs

        81

        • Tidex Margin Trading

          No

          • Tidex Deposit fees

            Free

            • Tidex Fiat Deposit

              No

              • Accepted Payment Method

                None

                • Tidex Native token

                  true

                  • Native token smart contract

                    N/A

                    • Tidex Trading Markets
                      • Tidex Stablecoins trading

                        Tidex Markets Data

                        Market Price Volume(24h) Change(24h) Last update
                        AE/BTC Ƀ 0.00003311 AE 43.79

                        Ƀ 0.000021

                        163.40%

                        2019-09-23 07:40:24
                        AE/ETH Ξ 0.001033 AE 0.9681

                        Ξ -0.00053

                        -33.72%

                        2019-09-23 07:36:31
                        AGI/BTC Ƀ 0.00000240 AGI 272.12

                        Ƀ -1.0e-8

                        -0.41%

                        2019-09-23 06:55:28
                        AGI/ETH Ξ 0.0001350 AGI 0

                        Ξ 0.0

                        0.00%

                        2019-09-13 01:19:45
                        AHT/BTC Ƀ 0.00000466 AHT 0

                        Ƀ 0.0

                        0.00%

                        2019-09-10 23:56:12
                        B2B/BTC Ƀ 0.00006830 B2B 0

                        Ƀ 0.0

                        0.00%

                        2019-09-18 14:56:16
                        BCH/BTC Ƀ 0.03020 BCH 0.1417

                        Ƀ 0.00024

                        0.80%

                        2019-09-22 18:17:28
                        BCH/WAVES WAVES 280.00 BCH 0

                        WAVES 0.0

                        0.00%

                        2019-09-22 09:55:07
                        BNT/BTC Ƀ 0.00003203 BNT 0

                        Ƀ 0.0

                        0.00%

                        2019-09-11 13:51:25
                        BTC/USDT ₮ 10,000.0 Ƀ 0

                        ₮ 0.0

                        0.00%

                        2019-09-22 07:43:00
                        CRDTS/BTC Ƀ 0.00001139 CRDTS 2,315.39

                        Ƀ 0.0000014

                        13.90%

                        2019-09-22 18:20:54
                        CRDTS/ETH Ξ 0.0006100 CRDTS 0

                        Ξ 0.0

                        0.00%

                        2019-09-20 03:12:48
                        DASH/BTC Ƀ 0.008982 DASH 54.67

                        Ƀ -0.00021

                        -2.33%

                        2019-09-23 14:41:39
                        DASH/ETH Ξ 0.4287 DASH 4.21

                        Ξ -0.011

                        -2.51%

                        2019-09-23 14:39:44
                        DASH/USDT ₮ 100.12 DASH 0

                        ₮ 0.0

                        0.00%

                        2019-09-19 17:40:50
                        DOGE/BTC Ƀ 0.00000027 DOGE 300,000.0

                        Ƀ 1.0e-8

                        3.85%

                        2019-09-22 15:33:12
                        DOGE/ETH Ξ 0.00001234 DOGE 0

                        Ξ 0.0

                        0.00%

                        2019-09-20 09:28:59
                        DOGE/WAVES WAVES 0.002600 DOGE 0

                        WAVES 0.0

                        0.00%

                        2019-09-22 08:24:50
                        DRGN/BTC Ƀ 0.00000396 DRGN 0

                        Ƀ 0.0

                        0.00%

                        2019-09-17 04:53:50
                        DRGN/ETH Ξ 0.0002288 DRGN 0

                        Ξ 0.0

                        0.00%

                        2019-09-16 20:47:08
                        DROP/BTC Ƀ 0.00000010 DROP 0

                        Ƀ 0.0

                        0.00%

                        2019-09-19 17:52:44
                        DROP/ETH Ξ 0.00000121 DROP 123,966.9

                        Ξ 1.1e-7

                        10.00%

                        2019-09-22 17:13:34
                        EDG/BTC Ƀ 0.00000216 EDG 0

                        Ƀ 0.0

                        0.00%

                        2019-09-21 14:26:23
                        EFYT/BTC Ƀ 0.00007195 EFYT 0

                        Ƀ 0.0

                        0.00%

                        2019-09-18 15:21:11
                        EFYT/WAVES WAVES 0.6001 EFYT 0

                        WAVES 0.0

                        0.00%

                        2019-09-19 05:05:39
                        ENGT/ETH Ξ 0.00000033 ENGT 5,798,525.1

                        Ξ 6.0e-8

                        22.22%

                        2019-09-23 14:41:31
                        ETH/BTC Ƀ 0.02106 Ξ 20.89

                        Ƀ -0.000017

                        -0.08%

                        2019-09-23 14:41:46
                        ETH/USDT ₮ 217.70 Ξ 0

                        ₮ 0.0

                        0.00%

                        2019-09-19 20:45:06
                        ETT/BTC Ƀ 0.00000063 ETT 0

                        Ƀ 0.0

                        0.00%

                        2019-09-16 10:39:51
                        HUR/ETH Ξ 0.00000076 HUR 0

                        Ξ 0.0

                        0.00%

                        2019-09-21 15:22:42
                        KEY/BTC Ƀ 0.00000013 KEY 0

                        Ƀ 0.0

                        0.00%

                        2019-09-09 21:00:12
                        KEY/ETH Ξ 0.00000576 KEY 0

                        Ξ 0.0

                        0.00%

                        2019-09-07 22:54:43
                        KNC/BTC Ƀ 0.00004000 KNC 283.02

                        Ƀ 0.000017

                        71.90%

                        2019-09-23 11:52:52
                        KNC/ETH Ξ 0.004950 KNC 6.68

                        Ξ 0.0030

                        158.78%

                        2019-09-23 11:49:59
                        KOLION/BTC Ƀ 0.00006389 KOLION 1,493.31

                        Ƀ 0.0000020

                        3.30%

                        2019-09-23 14:39:04
                        KOLION/WAVES WAVES 0.5959 KOLION 1,422.20

                        WAVES -0.016

                        -2.67%

                        2019-09-23 14:39:04
                        LIFE/BTC Ƀ 0.00000001 LIFE 0

                        Ƀ 0.0

                        0.00%

                        2019-09-14 11:55:07
                        LOOM/BTC Ƀ 0.00000245 LOOM 1,962.53

                        Ƀ -2.0e-8

                        -0.81%

                        2019-09-23 12:34:05
                        LOOM/ETH Ξ 0.0001100 LOOM 300.49

                        Ξ -0.000052

                        -32.27%

                        2019-09-23 07:55:02
                        LTC/BTC Ƀ 0.007363 Ł 9.73

                        Ƀ 0.00012

                        1.59%

                        2019-09-23 14:38:05
                        LTC/ETH Ξ 0.3486 Ł 11.72

                        Ξ 0.0055

                        1.59%

                        2019-09-23 14:40:26
                        LTC/USDT ₮ 72.16 Ł 2.23

                        ₮ -0.21

                        -0.30%

                        2019-09-23 14:25:32
                        LTC/WAVES WAVES 61.00 Ł 0.2000

                        WAVES -10.00

                        -14.09%

                        2019-09-23 03:26:05
                        MER/BTC Ƀ 0.00000037 MER 2,405.41

                        Ƀ -2.0e-8

                        -5.13%

                        2019-09-22 15:50:27
                        MER/ETH Ξ 0.00002398 MER 0

                        Ξ 0.0

                        0.00%

                        2019-09-19 00:15:05
                        MRT/BTC Ƀ 0.00000450 MRT 0

                        Ƀ 0.0

                        0.00%

                        2019-09-20 15:58:32
                        MSD/BTC Ƀ 0.00000063 MSD 2,208,001.0

                        Ƀ 0.0

                        0.00%

                        2019-09-23 14:19:40
                        MSD/ETH Ξ 0.00002620 MSD 1,815.81

                        Ξ 0.0000010

                        4.17%

                        2019-09-23 13:10:54
                        MTL/BTC Ƀ 0.00003079 MTL 0

                        Ƀ 0.0

                        0.00%

                        2019-09-19 20:45:21
                        MTL/ETH Ξ 0.002091 MTL 0

                        Ξ 0.0

                        0.00%

                        2019-09-10 20:18:23
                        NTK/BTC Ƀ 0.00000131 NTK 0

                        Ƀ 0.0

                        0.00%

                        2019-09-18 10:11:26
                        NTK/ETH Ξ 0.00006707 NTK 0

                        Ξ 0.0

                        0.00%

                        2019-09-18 13:07:23
                        OMG/BTC Ƀ 0.00006583 OMG 7.53

                        Ƀ -0.000031

                        -32.15%

                        2019-09-23 12:14:19
                        PBT/BTC Ƀ 0.1156 PBT 0.05907

                        Ƀ 9.9e-7

                        0.00%

                        2019-09-23 08:43:51
                        PBT/WAVES WAVES 1,050.00 PBT 0.001495

                        WAVES -1,450.00

                        -58.00%

                        2019-09-23 08:43:52
                        PING/BTC Ƀ 0.00000165 PING 0

                        Ƀ 0.0

                        0.00%

                        2019-09-21 01:03:08
                        PING/ETH Ξ 0.00007716 PING 0

                        Ξ 0.0

                        0.00%

                        2019-09-21 01:03:08
                        PRG/BTC Ƀ 0.00000240 PRG 116.85

                        Ƀ 3.7e-7

                        18.23%

                        2019-09-23 09:40:58
                        PRG/ETH Ξ 0.0001000 PRG 0

                        Ξ 0.0

                        0.00%

                        2019-09-22 07:59:34
                        REM/BTC Ƀ 0.00000036 REM 577,490.9

                        Ƀ -2.0e-8

                        -5.26%

                        2019-09-23 14:40:03
                        REM/ETH Ξ 0.00001743 REM 7,980,293.7

                        Ξ 4.0e-8

                        0.23%

                        2019-09-23 14:40:04
                        REN/BTC Ƀ 0.00000500 REN 0

                        Ƀ 0.0

                        0.00%

                        2019-09-20 12:26:47
                        REN/ETH Ξ 0.0002316 REN 0

                        Ξ 0.0

                        0.00%

                        2019-09-13 01:59:17
                        SNT/BTC Ƀ 0.00000127 SNT 0

                        Ƀ 0.0

                        0.00%

                        2019-09-17 13:43:45
                        SRN/BTC Ƀ 0.00000100 SRN 0

                        Ƀ 0.0

                        0.00%

                        2019-09-19 05:04:30
                        SRN/ETH Ξ 0.00004620 SRN 0

                        Ξ 0.0

                        0.00%

                        2019-09-21 00:11:08
                        SUB/BTC Ƀ 0.00000089 SUB 0

                        Ƀ 0.0

                        0.00%

                        2019-09-19 16:27:47
                        SUB/ETH Ξ 0.00004112 SUB 0

                        Ξ 0.0

                        0.00%

                        2019-09-19 16:27:48
                        TDX/BTC Ƀ 0.00001215 TDX 4,940.34

                        Ƀ -3.0e-8

                        -0.25%

                        2019-09-23 13:40:59
                        TDX/ETH Ξ 0.0005320 TDX 0

                        Ξ 0.0

                        0.00%

                        2019-09-19 18:57:27
                        TIE/BTC Ƀ 0.00000062 TIE 13,351.5

                        Ƀ -4.0e-8

                        -6.06%

                        2019-09-23 14:32:43
                        TIE/ETH Ξ 0.00001892 TIE 158.60

                        Ξ -0.0000087

                        -31.60%

                        2019-09-23 07:29:31
                        WAVES/BTC Ƀ 0.0001075 WAVES 948,133.0

                        Ƀ 0.0000068

                        6.74%

                        2019-09-23 14:41:45
                        WAVES/ETH Ξ 0.005076 WAVES 1,125.93

                        Ξ 0.00032

                        6.80%

                        2019-09-23 14:40:32
                        WAVES/USDT ₮ 1.18 WAVES 150.38

                        ₮ 0.18

                        18.10%

                        2019-09-23 03:24:59
                        WCT/BTC Ƀ 0.00002600 WCT 0

                        Ƀ 0.0

                        0.00%

                        2019-09-13 20:07:53
                        WGO/BTC Ƀ 0.00000166 WGO 0

                        Ƀ 0.0

                        0.00%

                        2019-09-20 09:48:36
                        ZRC/BTC Ƀ 0.0002900 ZRC 109.00

                        Ƀ -0.000034

                        -10.47%

                        2019-09-23 12:24:22
                        ZRC/WAVES WAVES 4.40 ZRC 0

                        WAVES 0.0

                        0.00%

                        2019-09-10 19:28:41
                        ZRX/BTC Ƀ 0.00001862 ZRX 0

                        Ƀ 0.0

                        0.00%

                        2019-09-18 14:29:30
                        ZRX/ETH Ξ 0.001155 ZRX 0

                        Ξ 0.0

                        0.00%

                        2019-09-21 06:19:23

                        Tidex Withdrawals

                        • Daily Withdrawal Limit

                          N/A

                          • Tidex Withdraw fees

                            BTC - 0.001 BTC BCH - 0.002 BCH ETH - 0.03 ETH Full list of fees can be found here

                            • Tidex Withdraw fees discount

                              N/A

                              • Proof of Reserves

                                N/A

                                Tidex Exchange Rating Analysis

                                Last edit 04.09.2019

                                • Tidex is owned and operated by the Elite Way Development LLP, a self-proclaimed Fintech company. They claim to be based in the UK, however upon closer inspection they appear to have close ties with the team behind the WAVES cryptocurrency and platform, which is from Russian origin. They have also stated their legal status as being shifted to the Cayman Islands - it appears as if the geographic and regulatory situation of Tidex is very much unclear at the moment, and we don't believe it will ever be clearer. Also, the team responsible for the exchange stays anonymous ad provides no personal details anywhere online, and according to their blog, they are systematically delisting coins from the platform.

                                  The Tidex website looks well-developed together with the mobile interface, but the support center doesn't seem to work. Users are supposed to contact the exchange via tickets, however we did not receive any response after significant amounts of wait.

                                  Performance is mediocre, with competitive fees of 0.1%, OK volumes and 93 coins to trade with 4 active markets in the offering. They also offer the TDX token, which gives reduced trading fees for its holders. Tidex has never been hacked before, but they also don't have any insurance in case that happens.

                                  The withdrawal process protected by two layers of security, an email approving the action and 2-factor authentication, provided you enable it.

                                  Overall, Tidex seems rather poor in most metrics, and while it does allow trading in very "exotic" coins not easily found in other places, we cannot recommend it due to their complete lack of transparency and radio silence when it comes to supporting users.

                                  Tidex Exchange Additional Information

                                    • Tidex Headquater

                                      N/A

                                      • Tidex Establish date

                                        N/A