Last Updated on November 6, 2021 by cryptocreed
In this growing cryptocurrency market, there are many new cryptocurrency exchanges that are getting launched. Since new exchanges are launching it is not easy to know which new cryptocurrency exchange launched recently and which one is legit from them.
Dex and Cex are two main types of exchange Cex are Centralized and Dex is Decentralized. Nowadays more Dex platforms are launching but not all of them are legit and some Cex is also launching but not all are trusted here as well.
Nore, we know which one is legit but we did some research and going to list the new cryptocurrency exchange here. We will try to keep updated this list as much as possible.
If you know any new exchange then you can help us to share that with others by commenting below.
Let’s check out the latest launched bitcoin exchange with its launch date and country of origin.
Benefits Of Using New Bitcoin Or Crypto Exchanges
There are different benefits of new exchanges and it depends on each exchange but the following are some main reasons why people love to use newly launched exchanges.
- If you are a crypto arbitrage trader then you might like to use new crypto exchanges as it provides different rates than other exchanges like Binance, Kucoin, or Coinbase.
- New exchanges can give you free bonuses like registration bonus, own coin, free trading fee, and much more.
- You can become part of the future airdrop, you might know about Uniswap’s airdrop.
Best New Cryptocurrency Exchange
Following are the exchanges that are newly launched. Having trust is something which you should care about yourself but creating an account is worth it as it can drop you some free coins anytime.
MoonXBT – April 2021
MoonXBT claims to be registered in the Cayman Islands and has offices in different countries like Singapore, Hong Kong, Malaysia, South Korea, Japan, Vietnam. But they did not mention their address anywhere.
They have a good aim to launch of making trading simple and comfortable to everyone either it is a newbie or a pro trader.
They have their android and iOS mobile app which has been installed more than 10K times on the Play store alone.
Trading Fee: 0.05% for both maker and taker
Overall Review: 1.5 out of 5
Altcoin Swap (Looks Spam)
Altcoin Swap is nothing more than a simple swap platform but it looks spammy, using WordPress is not good at all.
They provided the following details for their addresses
ALS Limited., a company incorporated in Seychelles, Registered address in Seychelles: Global Gateway 10, Rue de la Perle, Providence, Mahé. Postal Address: Kraanspoor 52, 1033 SE, Netherlands
Also Read: Pionex Review
They are very new and their website also looks vague and the same as their logo.
Trading Fee: 2.83% for both Taker and maker
Overall Review: 0 out of 5
SpookySwap – April 2021
SpookySwap claims to be the only Automated-Market Maker Dex built on top of the Fantom opera network. They have their own token with ticker BOO and are listed on Coingecko & CoinMarketCap.
Trading on their own platform and a few other exchanges, where their total last 24H volume was around 14,136,738 USD with the current price of 24 USD.
They did partner with known platforms like Samurai and others. You can do the swap, Stake, Farm, Provide Liquidity, Bridge, and NFT
Trading Fee: 0.20 from both maker and taker
Overall Review: 3.8 out of 5
ComethSwap – January 2021
ComethSwap was launched by Cometh in January 2021. Anyone can list their ERC20 compatible pair on their open DEX. It has features like Swap, NFT marketplace, Pool, Farm, and games to play.
It has its own token which is known as MUST. The current total liquidity is around $13,722,170 and the last 24 hours volume is more than around $400K.
It is compatible with Metamask, WalletConnect, StakeDAO, and listed on Coinmarketcap & Coingecko as well.
They are also promoted or supported by big Twitter influencers.
Trading Fee: 0.50 from both maker and taker
Overall Review: 4 out of 5
BitWells (Looks Spam)
Bitwells is a digital currency financial derivatives trading platform focusing on the Bitcoin market, providing futures leveraged trading of mainstream digital currencies like Bitcoin, Ethereum, Litecoin, Ripple, etc. The company is registered in the UK and is jointly developed by Internet experts, cryptocurrency traders, and financial professionals.
They claimed to be mentioned in big media platforms but while doing research I didn’t find them anywhere.
Their app is available on the Play Store where if you read reviews then definitely you will think twice before downloading their app. It seems like spam reviews.
They are using a name similar to a known cryptocurrency exchange called BitWell
Trading Fee: 0.080 from both maker and 0.075% taker
Overall Review: 1 out of 5
MDEX is launched in January 2021 and rocked the dex world with its back-to-back news and announcements. it is an AMM decentralized exchange protocol that follows the concept of fund pools with a dual chain model on Ethereum and Heco networks.
The smart contract is verified by Certik and Slow Mist and done partnership with major platforms. $0.001957 Withdrawal Fee is there.
Their token MDX is listed on exchanges like Binance.
Trading Fee: 0.30% from both maker and 0.30% taker
Overall Review: 5 out of 5
Other New Cryptocurrency Exchange
Wollito exchange was launched in 2021 but was not able to attract more users. As per their website, they have HQs in Yiannis Court, Neophytos Nikolaides Street 61, Paphos, Cyprus. 8011 and House of Francis, Office 303, Ile Du Port, Mahe, Seychelles.
Another new cryptocurrency exchange is registered in Seychelles. Instant cryptocurrency exchange service free of registration, limits, and complications. 250+ coins, fixed & floating rates.