AUSTRACActive
Australia Virtual Asset Service Provider (VASP)

Australia Virtual Asset Service Provider (VASP)
Deepcoin transaction fees are too high. Coupled with the high price volatility, this is too unfriendly to investors and feels like cutting leeks!
Deepcoin has a user-friendly interface but the customer support service is a bit less responsive.
Deepcoin is mostly known for its derivatives market, as well as the fact that it offers up to 125x leverage for traders to utilize. At the same time, Deepcoin has no mandatory KYC checks in place, so you and trade on the exchange without revealing your identity, or any other personal information.
Cryptocurrency derivatives trading platform
Exchanges with reserves exceeding 45.89%
Exchanges with 24H inflows exceeding 65.99%
Exchanges with 24H trading volume exceeding 89.89%
| Currency/Name | Trade | Unit Price | Change | 24H Vol | +2%/-2% Market Depth | Liquidity |
|---|---|---|---|---|---|---|
| BTC/USDT | $79,049.49 | 2.18% | $924,991,457.05 | $1.29M/$1.40M | 791 | |
| XRP/USDT | $1.48 | 1.54% | $535,268,462.84 | $1.81M/$1.22M | 665 | |
| ETH/USDT | $2,481.45 | 1.38% | $349,305,573.82 | $790.43K/$588.80K | 742 | |
| SOL/USDT | $96.34 | 1.00% | $314,198,688.6 | $3.37M/$2.44M | 671 | |
| BNB/USDT | $704.64 | 0.71% | $150,793,249.29 | $1.68M/$1.86M | 609 | |
| ADA/USDT | $0.22071338 | 2.24% | $71,906,299.91 | $16.09M/$14.72M | 572 | |
| DOGE/USDT | $0.08960543 | 3.72% | $70,939,078.62 | $1.47M/$1.13M | 615 | |
| TRX/USDT | $0.34347082 | 0.07% | $66,510,906.55 | $292.98K/$204.76K | 561 | |
| XAUT/USDT | $4,626.58 | 0.69% | $55,826,911 | $792.61K/$1.14M | 652 | |
| PENGU/USDT | $0.00952458 | 0.42% | $7,143,954.39 | $153.93K/$142.67K | 522 |
What Is Deepcoin?
Deepcoin is a leading cryptocurrency exchange committed to providing users with a secure, efficient, and innovative trading experience while known for its relentless innovation and long-term value proposition. Deepcoin's user-friendly platform includes spot trading, perpetual contracts and inverse perpetual contracts, backed by 24/7 multilingual customer support, empowering individuals and institutions to navigate the digital asset market with confidence and ease. Deepcoin continues to redefine the crypto trading landscape, delivering unparalleled innovation and exceptional user experiences.
Who Are the Founders of Deepcoin?
The exchange platform was founded by Eagle Huang. The CEO had over ten years of digital experience and was the head of a wealth management company with more than $7bn of assets under management.
When Did Deepcoin Launch?
Deepcoin was launched in 2018.
Where Is Deepcoin Located?
Deepcoin is headquartered in Dubai, United Arab Emirates, a global hub for innovation, finance, and digital assets.
Deepcoin Restricted Countries
According to the Deepcoin, residents of Hong Kong (China), Cuba, Iran, North Korea, Crimea, Sudan, Malaysia, Syria, United States, Puerto Rico, American Samoa, Guam, Northern Mariana Islands, or any other jurisdiction where the services offered by the exchange are restricted are not allowed to use the platform.
What Coins Are Supported on Deepcoin?
The platform has 216 active pairs, including the most popular trading ones like BTC/USDT, ETH/USDT, XRP/USDT, ETH/USD, and LTC/USDT. It also supports fiat currencies like USD, EUR, and GBP.
What licenses does Deepcoin hold?
* DEEPCOIN US LIMITED, United States of America, United States-Financial Crimes Enforcement Network (FinCEN), Licence number 31000246760600
* DEEPCOIN LIMITED, Canada, Canada-Financial Transactions and Reports Analysis Centre(FINTRAC), Licence number 1209596-3
* DEEPCOIN LABS DMCC, United Arab Emirates, United Arab Emirates DMCC Freezone-Proprietary Trading in Crypto-commodities Licence number DMCC-900097
How Much Are Deepcoin Fees?
Deepcoin offers a commission rate of 0.10% for both takers and makers in its Spot trading market. However, as of September 2022, all spot trading at Deepcoin Exchange was free.
Is It Possible To Use Leverage or Margin Trading on Deepcoin?
The crypto exchange supports margin trading, with a leverage of up to 125x.
Introduction: The Two Faces of an Exchange Awards Regular In our first 39 installments, we investigated a range of exchanges, from HashKey to Tokocrypto. For Episode 40, we turn to a platform with an impressive trophy cabinet and a growing list of legal and regulatory troubles: XT.com. XT.coms marketing credentials are certainly impressive. Founded in 2018, the exchange claims 12 million registered users worldwide, coverage across more than 200 countries and regions, support for over 1,300 tokens and 1,300+ trading pairs, and approximately $3.4 billion in daily trading volume. Headquartered in Dubai, it promotes itself as a socially integrated trading platform. In 2024, it received multiple industry awards, including recognition as a “Best Cryptocurrency Exchange.” It also regularly publishes Merkle tree proof-of-reserves reports, claiming reserve ratios of over 120% for BTC, ETH, and USDT. On paper, does this sound like the perfect image of a global social trading exchange? But there is another side to the story. In 2023, Quebecs financial markets regulator, the Autorité des marchés financiers (AMF), ruled that XT.com had violated securities laws. In March 2025, the Ontario Securities Commission (OSC) followed up with a CAD 2 million administrative penalty and a comprehensive ban on XT.com conducting securities-related activities in Ontario. In 2026,
