Tidex Cryptocurrency Exchange
The tidex.com domain was registered in January 1996. The official TIDEX website is available in English.
On the main page there are blocks with charts on the volume and prices in the cryptocurrency markets. There is also a general chat for all users, a section with news and blocks for trading. In fact, all information about the user’s trading operations can be obtained on the main page.
Using the quick links at the bottom of the page, you can go to the sections:
- Usage policy;
- Chat Rules
- Technical support;
- Loyalty program;
At the bottom of the page are links to TIDEX accounts on social networks. The site is available in two color schemes – light and dark. Site mirror is missing.
Registration and login to TIDEX
When creating an account on TIDEX, you will need to enter an email address, come up with a password, PIN-code and username. If desired, you can specify a mobile phone number. An email will be sent to the indicated mail with a link to account activation. Log in using your email address and password. At the first entry, you will also need to enter an authentication code, which will be sent by mail. Notifications will be sent to the specified mail about entering the account so that the user can always track a hack attempt.
It is not required to enter additional information about yourself or upload document scans for working with TIDEX.
Input and output
You can deposit funds to the account in the ‘Deposits and Withdrawals’ section. It is enough to select one of the listed tokens, for example, Bitcoin and click the ‘Deposit’ or ‘Withdraw’ button. When making a deposit, a window with a QR code and the address of the deposit will appear. For bitcoin, the minimum deposit is 0.0005 BTC (information is displayed in the same window). For each token, the address is unique, so the user should be careful not to send coins to the wrong address.
When withdrawing funds, using the example of the same bitcoin, a pop-up window will also appear. You must enter the number of coins to transfer and the wallet address. The same window displays:
- Affordable balance;
- Total balance;
- In applications;
In addition, the transfer fee is displayed. You can familiarize yourself with the size of fees for the withdrawal of various cryptocurrencies in the Asset Specifications section.
The commission for creating and accepting an application is the same – 0.1%. In the section “Pair Specifications” you can find a list of trading pairs, as well as get information about:
- Minimum price;
- Maximum price;
- Minimum quantity;
- Maximum quantity.
You can speed up the search by entering the designation of the token or the entire trading pair in the search field. The trading volume, according to the CoinMarketCap website, is 1,808 BTC (13,449,671 USD).
Types of Orders
Users can create applications for the purchase, sale and exchange of one coin for another. Trading begins on the main page in the ‘Markets’ block. It is enough to enter the name of the token in the search bar and select coins in pairs. For example, select the ETH (Ethereum) tab, and enter Bitcoin in the search bar. Under the block with the charts “Basic” / “Market size” there are two windows “Buy” and “Sell”. With the data entered, “Buy BTC” and “Sell BTC” are displayed. Next, enter how much ETH you want to give / receive, the number of BTC you want to buy / sell. The column “Total” will show how much ETH will be debited from the account. In the future, you will need to confirm the creation of the application.
You can also look at the lists of “Orders for sale” and “Orders for the purchase” in search of a suitable offer.
For active traders, TIDEX offers a discount program. According to it, TDX tokens will be credited to the users account. Token holders are entitled to a discount of up to 50%, which will reduce the commission on all trading operations to 0.05%. Participation in the loyalty program starts from the moment when the trading volume reaches 1 BTC.
The initial bonus rate is 10% as soon as the balance is 1,000 TDX. With 5,000 TDX, the discount on the trading commission will reach 50%. All levels of discounts on the loyalty program:
- 0-999 – 0%;
- 1,000 to 10%;
- 1,500 – 15%;
- 2 750 – 27.5%;
- 4,000 – 40%;
- 5,000 and more – 50%.
The company clarifies that the reward depends not only on the user’s trading volume, but also on the current TDX coin rate.
After registration is completed, the user can increase the protection of the account. The password reset option is available at any time. You can also set up two-factor authentication using the Google Authenticator mobile app. A 64-digit key will be available in your account, designed to restore access to your account in case of loss of data on your smartphone. After that, you need to scan the QR code or enter the request manually to get a response code. That it is necessary to enter it in the appropriate field in your account.
Open APIs are available for users to create their own widget with the required number of trading pairs. A detailed guide on how to build and configure the widget is available on the site in the ‘API’ section.