LeveX is a relatively new cryptocurrency exchange that provides traders with a fast and efficient platform. Users have access to a fair amount of cryptocurrencies and trading pairs for either spots or futures trading and a wide array of opportunities on the platform. It has also recently added a social trading platform to its network, making the exchange stand out among other crypto exchanges.
In this LeveX review, you will learn everything that we found out about the platform when testing it.
Stats | LeveX |
---|---|
🚀 Founded | 2023 |
🌐 Headquarters | Panama |
🔎 Founder | Unknown |
👤 Active Users | 500.000+ |
🪙 Spot Cryptos | 60+ |
🪙 Futures Contracts | 100+ |
🔁 Spot Fees (maker/taker) | 0.1% / 0.1% |
🔁 Futures Fees (maker/taker) | 0.02% / 0.060% |
📈 Max Leverage | 100x |
🕵️ KYC Verification | Not Required |
📱 Mobile App | Yes |
⭐ Rating | 3.2/5 |
💰 Bonus | One Free Position (Claim Now) |
LeveX Overview
LeveX was founded in 2023, making it a newcomer in the crypto industry. Located in Panama City, Levex focuses on offering cryptocurreny spot and futures trading. A major critique point we have is that it is hard to find the face of the platform. Their founders are not transparently stated on their website.
Since its inception, Levex has slowly added new features to its trading platform.
What makes LeveX stand out among other exchanges is its unique trading interface, which we found rather confusing. Especially beginners will have a hard time navigating the platform. However, we still found LeveX to be a highly efficient trading platform, ensuring fast and reliable order execution with sufficient liquidity.
The social aspect of LeveX is what makes it unique. LeveX has added a social trading community to its platform, whcih is infused directly into users’ dashboards. You can view the trade ideas of your favorite influencers on LeveX, similar to a social media platform such as Twitter. That is to help every trader make the most out of their community.
Most of its trades are done in spot and futures markets with up to 100x leverage across 100 cryptocurrencies. LeveX created a unique rewards system called “VIP” to recognize and reward traders in its community. This feature is a gamification of trading encouraging users to improve, which we quite like. The volume-driven system helps enhance users’ trading experience, whether as an amateur or professional trader.
We strive to keep this information up-to-date, but regulations may change. While we regularly update this data, we make no guarantees, and it is your responsibility to verify whether your country is supported before using the platform. Due to regulations, Levex does not support every country. To ensure that you are eligible to register on the exchange, you can use our free Levex country checker.🌍 Free Levex Country Checker
Simply type in your country and see if you can use the platform or if your country is restricted.
LeveX Pros and Cons
👍 LeveX Pros | 👎 LeveX Cons |
---|---|
✅ Fast and efficient trading system | ❌ It does not support deposits/withdrawals in fiat currencies |
✅ Great user rewards system | ❌Relatively new |
✅ Low trading fees | ❌Unique but complicated UI |
✅ 24/7 live chat customer support | ❌ Only supports 100 coins |
✅ Unique social trading features | ❌ No bots, staking or copy trading available |
LeveX Sign Up & KYC
LeveX is a no-KYC crypto exchange, making it super simple for users to sign up to their platform. All you need to get started with trading on LevexX is and Email and a strong password. You can also use your Apple or Google account to create a LeveX account.
- Visit the official LeveX website.
- Enter your Email and choose a strong and unique password.
- Confirm your account with the 6-digit code in your Email inbox. Check your spam folder too if you can not find it.
- Deposit funds and get started with trading on LeveX
- Add Google Authenticator to protect your account
The daily withdrawal limit at LeveX for users without KYC is $100,000, while the maximum monthly withdrawal limit is $500,000. To increase your limits, you must ad 2-FA to your account and you can also verify your identity to get full access on the LeveX platform.
LeveX Supported Cryptocurrencies
LeveX is relatively new, as shown in their available selection of cryptocurrencies.
The Spot market of Levex features 60 cryptocurrencies, mostly focusing on big and established coins.
For futures trading, LeveX offers a total of 100 cryptocurrencies, mostly settled in USDT. Additionally, LeveX supports 20 cryptocurrency futures contracts settled in USDC (USDC Perpetual Contracts) as well as 12 Coin-M perpetual contracts, where you can long cryptocurrencies such as Bitcoin as collateral to long Bitcoin.
Spot Coins | 60+ |
USDT Futures Contracts | 100+ |
USDC Futures Contracts | 20 |
COIN-M Futures Contract | 12 |
LeveX Trading Features
Trading on LeveX provides 60 trading pairs on the spot market and 100 pairs on the futures market with 100x leverage. For spot traders, there are more commonly traded pairs such as BTCUSDT, ETHUSDT, SOLUSDT, and many more. The most widely traded pairs for futures trading include PEPEUSDT, COMPUSDT, DOTUSDT, and many others.
Fees on the LeveX exchange are in tune with the standard crypto exchange fee prices of 0.1% for spots maker/taker and 0.02%/0.06% maker/taker for futures, making it highly competitive. There is also a provision for traders in the community to beat down fee prices by climbing up the VIP ladder.
Spot Trading
LeveX provides users with over 60 cryptocurrencies on the spot market to choose from. These trading pairs include the more common ones, such as BTCUSDT, SOLUSDT, LTCUSDT, and others.
Spot trading on the LeveX exchange attracts a standard fee of 0.1% for both maker and taker, making it highly competitive. It has an advanced trading interface that is easy for experienced traders to navigate, with up-to-date tools to keep you updated on the markets. Live charts are provided by TradingView.
Futures Trading
Derivatives trading on LeveX is easy to access, with opportunities for traders to use leverage of up to 100x. Futures trades on the exchange are perpetual, meaning that positions can be opened without any fear of being automatically closed by the markets. A trader can hold a position for as long as possible because there is no contract expiration.
LeveX offers access to 100 cryptocurrencies on their futures market.
Trading futures on LeveX attracts a standard trading fee of 0.02% and 0.06% maker and taker. Users are also exposed to trading options like market orders, conditional orders, and limit orders to execute their positions.
LeveX offer futures trading for USDT, USDC, and COIN-M perpetual contracts, offering users a decent variety of options. Especially in strong, up-trending markets, the COIN-M futures feature can come in quite handy. However, for COIN-M futures, LeveX only supports 12 cryptocurrencies, including BTC, ETH, SOL, XRP, and a few more.
LeveX Fees & Costs
LeveX fees are deficient and competitive. The exchange is widely recognized for its trading opportunities to users across its community. LeveX fees are also a significant selling point for the platform, as they add to the benefits of trading on the exchange.
LeveX Trading Fees
For spot traders, LeveX charges a trading fee of 0.1% for makers and takers. The spot trading fee follows the standard market price, making LeveX spot trading highly competitive.
Trading on the LeveX futures platform attracts a fee of 0.02% and 0.06% for makers and takers. Trading fees can always get lower on the platform with the VIP system. Climbing up the VIP ladder can cause trading fees to drop to it’s bearest minimum.
Type | Maker Fee | Taker Fee |
Spot | 0.1% | 0.1% |
Futures | 0.02% | 0.06% |
What we like about LeveX is its tiered fee system. The more you trade, lower your trading fees will be. This is a great feature of active traders, seeking discounts and rebates based on their trading activities.
Withdrawal fees (Crypto & Fiat)
Withdrawal of crypto assets on LeveX attracts fees based on the particular currency being traded. That means the charges on cryptocurrencies differ based on the chain supporting the withdrawn coin and market value.
There is presently no provision for withdrawals in fiat currency on the exchange. All withdrawals are made in cryptocurrency.
LeveX products and services
LeveX offers several opportunities for traders and potential investors to benefit from. Chief among these opportunities is its social trading community.
Social Trading
Social trading is at the peak of LeveX’s achievements and is a significant highlight for traders and investors to join the cryptocurrency exchange. The exchange drives toward creating a community of traders, KOLs, and high influencers who are connected in sharing ideas and knowledge for everyone to benefit. To this effect, LeveX infuses the social trading content and feeds directly on user dashboards.
Its social trading community is commonly compared to Twitter (now X) but fully optimized for a crypto trading network. That goes beyond the traditional social trading techniques exchanges use to a new and dynamic approach to community building.
Also, advanced traders can conduct competitions on its social platform for their followers to participate and win rewards.
VIP rewards system
As part of the mission to build a global trading community, LeveX created a VIP rewards system for traders, no matter how they rank. The VIP system is structured into 25 levels, with each level operating its potential reward. VIP offers rewards based on trading activities, no matter the scale. There is also an avenue for VIP traders from other platforms to join the LeveX community and still earn rewards.
VIP rewards go as far as limiting trading fees_ although this differs by tier_ to help strengthen market transactions.
LeveX mobile app
LeveX users can enjoy the comfort of trading on the platform through their mobile phones. Traders can enjoy seamless network and transactions on their mobile app without using the web terminal.
The LeveX mobile app is available for iOS and Android users.
Security
LeveX exchange is geared towards providing the best secure trading environment for traders worldwide. The exchange prides itself on creating a transparent trading environment that implores high-measure security for traders and investors to store assets. However, there are no proven regulatory methods on the exchange (such as proof of reserves), and we never recommend storing funds on any exchange. Only put on a crypto exchange what you need for your trading.
Customer service
LeveX exchange runs a 24-hour customer service for users to access anytime. Although they also have a blog that answers many questions that users may raise, you can still contact them through their help center for further inquiries or complaints. The 24/7 live chat is a great option to reach out to LeveX. You can expect a reply within just a few minutes.
Conclusion
LeveX is a new and basic exchange to engage in spot and futures trade. Its trading features and ample trading pairs make it a reliable place to conduct daily transactions. However, the user-interface is rather complicated, which could make it hard for beginners. Additionally, LeveX only offers a low number of coins compared to other exchanges.
LeveX’s social trading platform is also one of the best among exchanges today. The platform supports a cohesive relationship among users across the exchange. With this social trading platform, the barrier that separates traders from one another is eliminated, creating a seamless network for growing traders to learn and adopt new methods for better profit.
FAQS
Is LeveX legit?
LeveX is a crypto exchange platform that is leading in the area of transparency and fairness. It is a legitimate platform for users worldwide to buy and sell crypto assets.
What are LeveX fees?
LeveX exchange fees are standard crypto fees for makers and takers in its spot and futures markets. LeveX spot trade attracts a 0.1% taker/maker fee, while its futures trade requires a 0.02% maker and a 0.06% taker fee. Crypto withdrawal fees differ among the assets.
Is LeveX available in the US?
No, LeveX exchange is available to users in the United States.
Does LeveX have a Native token?
LeveX exchange currently does not have a native token on its platform. All trades are done using more popular crypto assets.