What is IronX and How to start investing in Crypto with the Exchange? Table of Contents
IronX Cryptocurrency Exchange
IronX Exchange was born as a joint venture between IronFX Group, a global leader in online trading, and EmurgoHK, a global leader in blockchain technology that invented the decentralized public blockchain Cardano and successfully led the ADA coin.
IronX aims to seamlessly combine traditional online trading and cryptocurrency trading through the IronX trading portal.
At the same time, IronX will provide even more benefits to Exchange Token (IRX) holders using the IronX platform and the IronFX Group platform, which allows trading of existing online commodities such as FX, CFDs, stocks, futures, commodities, and indices.
Why choose IronX to invest in Crypto?
There are many advantages to use IronX’s service to invest in Cryptocurrency markets.
- Token storage
- All new deposits are kept in a completely isolated cold wallet in a place not exposed to the online system. Only some tokens are stored in a semi-cold wallet, and in a locked drive protection system where internal operating procedures are strictly managed.
- Customer account security
- The transaction interface provides a two-step verification option supported by Google. PGP/GPG for email encryption and email signing/verification, securely isolated system for uploading account authentication documents.
- System security
- It utilizes rate-limiting, simultaneous connection limiting, updated whitelists, and blacklists to counter DoS and DDoS attacks. All website information is transmitted over an encrypted TLS connection. IronX’s system conducts periodic security audits through a number of security companies, and penetration tests are also conducted on a regular basis.
- Money security
- Customer funds are stored separately from IronX’s operating funds, and fees are settled on a daily basis. IronX builds on the IronFX Group’s operational know-how to provide unprecedented funding security through linkages with top financial institutions.
- Operational security
- In order to minimize the risk of information intrusion, unauthorized access, and unauthorized alteration, a series of procedures and policies have been established based on the latest security measures.
Is IronX secure and safe?
IronX puts a priority on security by providing Two-factor authentication, rate limit, simultaneous connection limit, advanced encryption technology, and cold storage wallet environment.
- Easy Fiat-Cryptocurrency Exchange
- Seamless Fiat deposit and withdrawal through the connection between the platform and cryptocurrency-friendly financial institutions.
- Fast, responsive, and feature-rich
- Built with the best technology, this terminal allows you to easily trade all currency pairs offered by IronX.
- Excellent customer support
- Experienced customer support team with service in over 30 languages.
- Abundant liquidity
- Seamlessly combine with existing online trading to access the FX market with the richest liquidity available worldwide.
Exchange security is IronX’s top priority value.
IronX has introduced a number of sophisticated technical and operational means to provide IronX’s customers with an unparalleled trading environment.
Find out more about IRONX in the Official Website
Advanced functions of IronX platform
IronX’s platform enables in-depth and customized market analysis of all major Fiat and digital currency pairs.
- Transaction tracking
- Multiple customizable reports including transaction history, deposit and withdrawal records, and financial activities.
- Order type
- IronX offers many types of ordering capabilities to provide you with the tools you need in all cases. Learn more about state-of-the-art algorithmic order types.
- Token / Margin Trading
- Trade various tokens including Bitcoin, Ethereum, ADA, and IRX with leverage.
Fees of trading Cryptocurrencies on IronX
Different types of fees apply depending on the service you use on the exchange platform.
This fee is usually included in deposits, withdrawals, and transactions.
There are `Maker` and `Taker` fees as the most commonly used transaction fee concepts.
Maker fees are fees charged to traders who supply liquidity to the market through a buy or sell limit order.
IronX exchange maker fees start at a minimum of 0.20%.
Usually, the maker fee is lower than the taker fee (see below).
Taker fee refers to a fee charged to traders who wish to enter into a buy or sell order at the current market price and is executed against the limit order in the order book.
Takers take the quotes in the market and lower their liquidity, so they are charged a higher commission than the maker’s fee.
IronX exchange taker fees start at 0.28%.
Verify your account to start trading Crypto
To verify your account, please send your ID and proof of address.
Documents that can prove the place of residence: The bill received by mail (eg water tax/city gas/electricity tax/internet bill, etc.), is valid only for those issued within the last 3 months.
The following should be clearly identified in the document:
- Document issuance date;
- All four corners of the bill must be checked;
- Document issuing organization.
Alternatively, you can send IronX the following documents, which are valid only if the documents were issued within 3 months:
- Bank/card statement
- Various tax bills
- Resident registration certificate or a copy
Identification cards are only valid for government-issued color copies with photographs. (E.g. resident registration card/driver’s license/passport).
The ID must clearly confirm the following:
- Issuing organization
- Customer’s name
- Customer’s date of birth
- Expiration date
- Signature
- Clear photo
- All four corners must be checked
Please click "Introduction of IRONX", if you want to know the details and the company information of IRONX.
Comment by Hans
April 24, 2024
as I am trading here various assets, for me it's the most important feature. i mean, flexibility in tradable markets. i alternate trading styles, meaning that sometimes I trad...