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

      181.553 BTC

      • Tidex Total Trading Pairs

        91

        • Tidex Margin Trading

          No

          • Tidex Deposit fees

            Free

            • Tidex Trading fees

              Taker - 0.1% Maker - 0.1%

              • Tidex Fiat Deposit

                No

                • Accepted Payment Method

                  Crypto to Crypto Only

                  • Tidex Native token

                    Yes

                    • 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 0.00000205 AGI 109.07

                          Ƀ -1.0e-8

                          -0.49%

                          2020-01-23 02:34:22
                          AGI/ETH Ξ 0.0001086 AGI 0

                          Ξ 0.0

                          0.00%

                          2020-01-08 16:00:07
                          AHT/BTC Ƀ 0.00000669 AHT 0

                          Ƀ 0.0

                          0.00%

                          2019-11-27 16:37:28
                          ARN/BTC Ƀ 0.00001824 ARN 0

                          Ƀ 0.0

                          0.00%

                          2020-01-06 18:57:31
                          B2B/BTC Ƀ 0.00006830 B2B 0

                          Ƀ 0.0

                          0.00%

                          2019-09-18 14:56:16
                          BCH/BTC Ƀ 0.03200 BCH 0

                          Ƀ 0.0

                          0.00%

                          2019-11-29 00:36:55
                          BCH/WAVES WAVES 280.00 BCH 0

                          WAVES 0.0

                          0.00%

                          2019-09-22 09:55:07
                          BNT/BTC Ƀ 0.00005201 BNT 0

                          Ƀ 0.0

                          0.00%

                          2020-01-22 02:09:45
                          BTC/USDT ₮ 8,570.24 Ƀ 62.92

                          ₮ -88.10

                          -1.02%

                          2020-01-23 04:16:34
                          CRDTS/BTC Ƀ 0.00000828 CRDTS 77.88

                          Ƀ 0.0000015

                          21.94%

                          2020-01-22 11:24:47
                          CRDTS/ETH Ξ 0.0003500 CRDTS 210.00

                          Ξ 0.0

                          0.00%

                          2020-01-22 12:08:37
                          DASH/BTC Ƀ 0.01285 DASH 1.00

                          Ƀ 0.00021

                          1.63%

                          2020-01-22 16:06:10
                          DASH/ETH Ξ 0.4057 DASH 0

                          Ξ 0.0

                          0.00%

                          2020-01-06 09:55:02
                          DASH/USDT ₮ 100.12 DASH 0

                          ₮ 0.0

                          0.00%

                          2019-09-19 17:40:50
                          DASH/WAVES WAVES 62.58 DASH 0

                          WAVES 0.0

                          0.00%

                          2020-01-07 13:12:53
                          DOGE/BTC Ƀ 0.00000028 DOGE 20,772.7

                          Ƀ 0.0

                          0.00%

                          2020-01-22 17:58:22
                          DOGE/ETH Ξ 0.00001336 DOGE 0

                          Ξ 0.0

                          0.00%

                          2020-01-20 13:45:38
                          DOGE/WAVES WAVES 0.002500 DOGE 0

                          WAVES 0.0

                          0.00%

                          2020-01-20 15:04:05
                          DRGN/BTC Ƀ 0.00000506 DRGN 0

                          Ƀ 0.0

                          0.00%

                          2020-01-18 14:34:48
                          DRGN/ETH Ξ 0.0002315 DRGN 0

                          Ξ 0.0

                          0.00%

                          2020-01-07 13:01:41
                          DROP/BTC Ƀ 0.00000010 DROP 0

                          Ƀ 0.0

                          0.00%

                          2020-01-21 13:44:14
                          DROP/ETH Ξ 0.00000121 DROP 0

                          Ξ 0.0

                          0.00%

                          2020-01-21 06:51:06
                          EDG/BTC Ƀ 0.00000108 EDG 6,745.66

                          Ƀ 1.0e-7

                          10.20%

                          2020-01-22 15:00:03
                          EDG/ETH Ξ 0.00005000 EDG 0

                          Ξ 0.0

                          0.00%

                          2019-11-24 20:12:11
                          EDG/WAVES WAVES 0.01250 EDG 0

                          WAVES 0.0

                          0.00%

                          2019-11-26 06:49:12
                          EFYT/BTC Ƀ 0.00005973 EFYT 0

                          Ƀ 0.0

                          0.00%

                          2020-01-06 08:19:55
                          EFYT/WAVES WAVES 0.6001 EFYT 0

                          WAVES 0.0

                          0.00%

                          2019-09-19 05:05:39
                          ENGT/ETH Ξ 0.00000029 ENGT 0

                          Ξ 0.0

                          0.00%

                          2019-11-29 15:35:21
                          ETH/BTC Ƀ 0.01922 Ξ 637.96

                          Ƀ -0.00010

                          -0.54%

                          2020-01-23 04:17:01
                          ETH/USDT ₮ 164.69 Ξ 373.95

                          ₮ -3.94

                          -2.34%

                          2020-01-23 04:16:22
                          ETT/BTC Ƀ 0.00000039 ETT 0

                          Ƀ 0.0

                          0.00%

                          2019-11-26 13:24:51
                          HUR/ETH Ξ 0.00000118 HUR 0

                          Ξ 0.0

                          0.00%

                          2020-01-21 15:56:09
                          KEY/BTC Ƀ 0.00000017 KEY 42,328.0

                          Ƀ -1.0e-8

                          -5.56%

                          2020-01-23 00:06:00
                          KEY/ETH Ξ 0.00001153 KEY 0

                          Ξ 0.0

                          0.00%

                          2020-01-08 07:33:23
                          KNC/BTC Ƀ 0.00002958 KNC 0

                          Ƀ 0.0

                          0.00%

                          2020-01-21 06:15:23
                          KNC/ETH Ξ 0.001014 KNC 15.53

                          Ξ -0.00020

                          -16.35%

                          2020-01-09 19:51:16
                          KOLION/BTC Ƀ 0.00005850 KOLION 8,649.78

                          Ƀ 5.0e-7

                          0.86%

                          2020-01-23 03:26:25
                          KOLION/WAVES WAVES 0.5850 KOLION 9,073.46

                          WAVES 0.0050

                          0.86%

                          2020-01-23 03:24:53
                          LIFE/BTC Ƀ 0.00000001 LIFE 0

                          Ƀ 0.0

                          0.00%

                          2019-09-14 11:55:07
                          LOOM/BTC Ƀ 0.00000201 LOOM 0

                          Ƀ 0.0

                          0.00%

                          2020-01-20 09:03:35
                          LOOM/ETH Ξ 0.0002000 LOOM 0

                          Ξ 0.0

                          0.00%

                          2020-01-06 04:22:56
                          LTC/BTC Ƀ 0.007322 Ł 0

                          Ƀ 0.0

                          0.00%

                          2020-01-20 22:42:51
                          LTC/ETH Ξ 0.3266 Ł 2.99

                          Ξ 0.0045

                          1.40%

                          2020-01-09 13:34:32
                          LTC/USDT ₮ 48.00 Ł 0

                          ₮ 0.0

                          0.00%

                          2020-01-06 09:55:48
                          LTC/WAVES WAVES 51.62 Ł 0.8742

                          WAVES -1.79

                          -3.36%

                          2020-01-09 12:46:56
                          MER/BTC Ƀ 0.00000043 MER 2,364.16

                          Ƀ -1.0e-8

                          -2.27%

                          2020-01-22 17:47:50
                          MER/ETH Ξ 0.00003176 MER 0

                          Ξ 0.0

                          0.00%

                          2019-11-28 23:35:02
                          MRT/BTC Ƀ 0.00000120 MRT 0

                          Ƀ 0.0

                          0.00%

                          2019-11-28 12:13:58
                          MRT/WAVES WAVES 0.01500 MRT 0

                          WAVES 0.0

                          0.00%

                          2019-11-27 21:53:37
                          MSD/BTC Ƀ 0.00000062 MSD 762,820.9

                          Ƀ -2.0e-8

                          -3.13%

                          2020-01-23 03:49:54
                          MSD/ETH Ξ 0.00002424 MSD 0

                          Ξ 0.0

                          0.00%

                          2020-01-18 13:31:15
                          MTL/BTC Ƀ 0.00003935 MTL 0

                          Ƀ 0.0

                          0.00%

                          2019-11-25 02:29:26
                          MTL/ETH Ξ 0.001486 MTL 0

                          Ξ 0.0

                          0.00%

                          2020-01-08 13:50:30
                          NPXS/ETH Ξ 0.00000104 NPXS 0

                          Ξ 0.0

                          0.00%

                          2019-11-28 16:54:22
                          NTK/BTC Ƀ 0.00000148 NTK 0

                          Ƀ 0.0

                          0.00%

                          2020-01-20 03:24:49
                          NTK/ETH Ξ 0.00007600 NTK 0

                          Ξ 0.0

                          0.00%

                          2020-01-21 02:09:42
                          OMG/BTC Ƀ 0.00008000 OMG 0

                          Ƀ 0.0

                          0.00%

                          2020-01-08 16:47:13
                          PBT/BTC Ƀ 0.02000 PBT 0

                          Ƀ 0.0

                          0.00%

                          2020-01-19 01:07:08
                          PBT/WAVES WAVES 32.00 PBT 0

                          WAVES 0.0

                          0.00%

                          2020-01-06 18:04:38
                          PING/BTC Ƀ 0.00000523 PING 0

                          Ƀ 0.0

                          0.00%

                          2020-01-22 02:09:38
                          PING/ETH Ξ 0.00007716 PING 0

                          Ξ 0.0

                          0.00%

                          2019-09-21 01:03:08
                          PRG/BTC Ƀ 0.00000214 PRG 54.94

                          Ƀ 1.0e-8

                          0.47%

                          2020-01-09 20:58:40
                          PRG/ETH Ξ 0.0001169 PRG 0

                          Ξ 0.0

                          0.00%

                          2020-01-06 16:53:43
                          REM/BTC Ƀ 0.00000041 REM 918,410.9

                          Ƀ 1.0e-8

                          2.50%

                          2020-01-23 04:15:01
                          REM/ETH Ξ 0.00002175 REM 5,038,433.1

                          Ξ 4.9e-7

                          2.30%

                          2020-01-23 04:15:01
                          REN/BTC Ƀ 0.00000437 REN 0

                          Ƀ 0.0

                          0.00%

                          2020-01-20 20:35:50
                          REN/ETH Ξ 0.0002411 REN 0

                          Ξ 0.0

                          0.00%

                          2020-01-08 15:37:17
                          RYZ/WAVES WAVES 0.0001000 RYZ 0

                          WAVES 0.0

                          0.00%

                          2019-11-25 01:14:15
                          SNT/BTC Ƀ 0.00000151 SNT 2,949.79

                          Ƀ 8.0e-8

                          5.59%

                          2019-11-30 07:52:17
                          SRN/BTC Ƀ 0.00000048 SRN 0

                          Ƀ 0.0

                          0.00%

                          2020-01-20 13:52:33
                          SRN/ETH Ξ 0.00004620 SRN 0

                          Ξ 0.0

                          0.00%

                          2019-09-21 00:11:08
                          SUB/BTC Ƀ 0.00000071 SUB 0

                          Ƀ 0.0

                          0.00%

                          2020-01-21 23:53:49
                          SUB/ETH Ξ 0.00003000 SUB 0

                          Ξ 0.0

                          0.00%

                          2020-01-06 04:26:26
                          TDX/BTC Ƀ 0.00002282 TDX 1,006.51

                          Ƀ 4.0e-7

                          1.78%

                          2020-01-23 00:09:23
                          TDX/ETH Ξ 0.001300 TDX 61.04

                          Ξ 0.00018

                          16.56%

                          2020-01-22 17:35:37
                          TDX/WAVES WAVES 0.2101 TDX 12.08

                          WAVES 0.00010

                          0.05%

                          2020-01-23 00:09:23
                          TIE/BTC Ƀ 0.00000108 TIE 0

                          Ƀ 0.0

                          0.00%

                          2020-01-21 21:41:04
                          TIE/ETH Ξ 0.00005499 TIE 0

                          Ξ 0.0

                          0.00%

                          2020-01-05 03:10:16
                          TRCT/ETH Ξ 0.00000270 TRCT 37,217.6

                          Ξ 2.5e-7

                          10.20%

                          2019-11-30 02:45:44
                          VEST/BTC Ƀ 0.00000038 VEST 325,589.2

                          Ƀ -1.0e-8

                          -2.56%

                          2020-01-23 02:47:08
                          WAVES/BTC Ƀ 0.0001000 WAVES 949,807.3

                          Ƀ 4.5e-7

                          0.45%

                          2020-01-23 04:17:21
                          WAVES/ETH Ξ 0.005213 WAVES 87,887.1

                          Ξ -0.0000013

                          -0.03%

                          2020-01-23 04:17:00
                          WAVES/USDT ₮ 0.8602 WAVES 138,345.2

                          ₮ -0.028

                          -3.20%

                          2020-01-23 04:03:03
                          WCT/BTC Ƀ 0.00000842 WCT 101.90

                          Ƀ -5.0e-8

                          -0.59%

                          2020-01-22 06:51:28
                          WGO/BTC Ƀ 0.00000233 WGO 0

                          Ƀ 0.0

                          0.00%

                          2020-01-05 03:42:44
                          ZRC/BTC Ƀ 0.0001332 ZRC 0

                          Ƀ 0.0

                          0.00%

                          2020-01-22 02:14:51
                          ZRC/WAVES WAVES 4.00 ZRC 0

                          WAVES 0.0

                          0.00%

                          2019-11-27 19:11:02
                          ZRX/BTC Ƀ 0.00002508 ZRX 0

                          Ƀ 0.0

                          0.00%

                          2020-01-07 05:15:00
                          ZRX/ETH Ξ 0.001482 ZRX 0

                          Ξ 0.0

                          0.00%

                          2020-01-17 08:15:48

                          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 28.11.2019

                                  • 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