Crypto trading is a lucrative facet of the crypto market that involves speculating on crypto price movements to generate profits. However, most platforms offering this feature mandate traders undergo a know-your-customer (KYC) verification, eliminating anonymity.

AlphaX seeks to make crypto trading a feature accessible to everyone regardless of their identity and geographical location. By eliminating KYC for most services and easing the onboarding process, the platform will bring decentralized access to everyone. This article delves into AlphaX Exchange and how it operates. It also highlights how the exchange recently incorporated meme coins into its ecosystem.

What is AlphaX Exchange?

AlphaX is a decentralized cryptocurrency exchange dedicated to making advanced on-chain trading accessible to millions of users worldwide. The platform combines robust security features with an intuitive, user-friendly interface to provide a smooth trading experience, making it valuable for both seasoned traders and beginners.

The exchange does not require users to pass through the Know Your Customer (KYC) process, offering a fully anonymous and secure trading experience. Still, users must undergo KYC to attain a higher 24-hour withdrawal limit of 5 million USDT, whereas 50,000 USDT is available to users without KYC.

The platform supports over 200 crypto trading pairs, featuring prominent crypto assets like Bitcoin (BTC), Solana (SOL), Ethereum (ETH), and Cardano (ADA), as well as niche categories such as DeFi and meme coins. It also provides a comprehensive suite of trading solutions, including many futures trading pairs designed to help users maximize their trading potential using various strategies and preferences.

Unlike most exchanges, AlphaX offers up to 125x leverage on perpetual futures with all trades settled in Tether (USDT) instead of Bitcoin, which reduces the impact of market volatility. AlphaX charges a maker fee rate of 0.02% and a taker fee rate of 0.05%. Each user’s fee rate is also 0.02% and 0.05% for maker and taker, respectively. AlphaX does not charge for deposits, but withdrawals incur network fees, which vary by network and crypto asset being withdrawn.

In addition to its robust trading options, AlphaX includes engaging activities and a dynamic referra