Deepcoin Review 2024

Our veredict

Deepcoin, founded in 2019 and based in Singapore, is a robust centralized cryptocurrency exchange that primarily caters to advanced traders. The platform offers a comprehensive range of trading products including spot trading, derivatives, and perpetual contracts, with a leverage of up to 125x. It supports over 150 cryptocurrencies and features advanced trading tools such as K-Line Quick Trading and multi-point take-profit and stop-loss functions. Additionally, the copy trading feature is beneficial for beginners aiming to mirror the strategies of experienced traders. Deepcoin’s low trading fees and strong security measures make it an attractive choice for serious traders.

On the downside, Deepcoin does not allow direct fiat withdrawals, limiting users to cryptocurrency withdrawals only. It also has geographical restrictions, excluding US investors from its services. Furthermore, while the platform offers numerous advanced features, it may be overwhelming for beginners who are not familiar with high-leverage trading and advanced trading tools.

Pros

Extensive Crypto Selection Deepcoin supports over 150 different cryptocurrencies, providing users with a wide range of options for trading and investment.
High Leverage Options The platform offers leverage of up to 125x on derivatives and perpetual contracts, allowing traders to amplify their positions significantly.
Low Trading Fees Deepcoin charges lower-than-average trading fees, making it a cost-effective choice for frequent traders looking to maximize their profits.

Cons

2,5

Threenvest Score

Fees

0.10% (Maker), 0.10% (Taker)

U.S Legal

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Why choose Deepcoin?

Choosing Deepcoin as your cryptocurrency exchange comes with several compelling advantages, especially for those who are serious about trading. Firstly, Deepcoin offers advanced trading tools and features like K-Line Quick Trading and extensive take-profit and stop-loss functionalities, making it ideal for experienced traders looking to execute sophisticated strategies. The platform also supports high leverage, up to 125x, allowing traders to maximize their exposure with minimal initial investment .

Deepcoin’s low trading fees are another significant benefit. With fees well below the industry average, both spot and contract traders can enjoy cost-effective trading, enhancing overall profitability. Additionally, the exchange’s strong security measures, including comprehensive risk management systems and mandatory KYC verification, ensure that user funds and data are well-protected.

For beginners, Deepcoin’s copy trading feature is particularly valuable. This allows new traders to follow and replicate the strategies of seasoned professionals, minimizing risks while learning the ropes of crypto trading. Furthermore, the platform supports a wide range of cryptocurrencies, offering ample opportunities for portfolio diversification. Overall, Deepcoin combines advanced features, low costs, and robust security, making it a strong contender for both new and experienced cryptocurrency traders.

Xavier Tarrasó

EIP and Cryptocurrency Investor

As an expert on our site, I highly recommend Deepcoin for advanced traders looking for a robust and feature-rich cryptocurrency exchange. Deepcoin’s low trading fees, high leverage options, and advanced trading tools like K-Line Quick Trading and extensive take-profit and stop-loss functionalities make it an excellent choice for serious traders. Additionally, the platform’s strong security measures and the availability of copy trading for beginners ensure a safe and supportive trading environment. With over 150 cryptocurrencies supported and a growing user base, Deepcoin stands out as a reliable and comprehensive trading platform.

How do we review crypto exchanges?

At Threenvest, we conduct a thorough review process to evaluate and rank the world’s leading crypto exchanges. Our goal is to offer an unbiased assessment, providing you with the information you need to make informed decisions on which ones best suit your needs. We strictly adhere to the guidelines of our editorial policy.

We collect data directly from exchanges through detailed questionnaires and conduct first-hand testing and observations during crypto exchange demonstrations. Questionnaire responses, combined with demonstrations and hands-on research from our experts, feed into our proprietary evaluation process that scores each provider’s performance on more than 15 factors. The end result produces star ratings ranging from poor (one star) to excellent (five stars).

For more details on the categories considered when rating brokers and our process, read our full methodology.

Risk Disclaimer

Investing in cryptocurrencies is very risky, you should only invest the money you are willing to lose. Also you should not expect to be protected if something goes wrong.

Neither Threenvest, nor the author, are recommending you to invest with this article.

Alejandro Borja Fuentes

Economist | Cryptocurrency exchange analyst

The author of the review

Alejandro Borja is an accomplished economist with a distinguished career spanning various facets of the financial industry. His academic journey began with a degree in Economics, laying the foundation for his deep understanding of financial markets.

Over the years, Alejandro has honed his skills by working with some of the largest financial media outlets, analyzing and reporting on economic trends and investment opportunities. His expertise in financial analysis has made him a respected voice in the economic community.