OrangeX review

Spot trading costs a taker fee of 0.1% and a maker fee of 0.1%, at the cheaper end of what the site records. Withdrawals sit outside those fees, with Network fee per coin, e.g. 0.0006 BTC charged per coin. bunq and eToro charge more to trade, at 0.25% to 1.99% and 1%.

Fiat deposits run by bank transfer, the funding method listed for the platform. The account is custodial under custodial, so balances sit with the exchange rather than in a wallet you hold. Proof of reserves is published, giving a check on the coins the exchange says it holds.

Each withdrawal carries Network fee per coin, e.g. 0.0006 BTC, so the cost depends on the coin and its network rather than on the venue. Trading at 0.1% does not cover a withdrawal. Coins in the account are custodial under custodial, so a withdrawal is the route for moving them out.

The exchange lists 341 coins, well above the 74.5 typical across the exchanges tracked here, placing it at 52 out of 176 brands on that measure. Derivatives are offered alongside the spot list for traders who want more than buying and holding.

OrangeX is registered with AUSTRAC in Australia under licence DCE100906401-001, and it publishes proof of reserves so stated holdings can be checked. Accounts are custodial under custodial, so the exchange holds the coins. Read the licence terms for what it covers.

It is a central exchange account: cex, custodial under custodial, operated by OrangeX.com LLC and founded in 2021. Derivatives are offered, so the account covers more than spot buying, and proof of reserves is published for anyone checking the holdings.

Support runs on email, chat and help centre, with no phone line, so help arrives in writing or over chat. On a platform listing 341 coins, that means most questions are answered through the help centre or the community rather than a spoken call.

The site records typical retail losses of 70.15%, with the bulk of the market between 65.75% and 74.5%. Derivatives add leverage on top of a fee of 0.1%, and the account is custodial under custodial, so both coins and risk sit with the venue.