Tradeogre Exchange Review
The advent of cryptocurrencies and blockchain technology has launched us into a realm of endless possibilities unless any you let your mind think of them. The concept of decentralized finance offers a revolutionary sort of system that was not in existence decades ago. This unique system defies traditional systems of payment with its native features that encourage privacy, anonymity, speed, reduced costs, peer-to-peer-based exchange of financial value, stores of value, and the trade of value.
To access the diverse potentials of blockchain technology would require a great deal of knowledge and relevant tools. Cryptocurrencies are naturally volatile, the value of a digital asset is seldom constant. Traders leverage on the volatility of these digital assets to make some profits, or lose some – depending on the scenario. To facilitate successful trades, the need for a well-developed crypto exchange cannot be overemphasized. These exchanges offer specified trading tools, a wide array of digital coins, wallets, and other features peculiar to each exchange.
However, most trading platforms are centralized. Platforms like Binance, Coinbase, and Bybit operate within the Know Your Customer (KYC) procedures. While these procedures are essential for user security and personalized offerings, they come at the expense of privacy and serve as an open call to hackers who resort to phishing tactics to get user information. With these problems in view, decentralized exchanges become a welcome option. In this review, we would be highlighting the particularities of the Tradeogre exchange platform. These highlights would form the basis of your decision and would help you make a faster decision if you need the features the platform offers or not.
| Exchange Platform | Tradeogre |
| Website | https://tradeogre.com |
| Variety Crypto | 83 |
| Account needed | Yes |
| Verification | Optional |
| Verification Levels | 2 |
| Trading Platform | Web-based |
| Payment Methods | Crypto Transfer, Crypto Conversion |
| Customer Support |
What is Tradeogre Exchange?
Not a lot is known about this exchange or the people behind the development of this crypto exchange. Tradeogre exchange came into light in 2018 and has its headquarters in California USA. The platform shies away from providing access to its registration details or even terms of service online. Findings reveal that it owns no legal presentation that its users but do allow US traders to use the platform.
Tradeogre is a cryptocurrency exchange and trading platform that goes the extra mile to give users a most prized feature – anonymity. It is an exchange that offers the trading of relevant digital assets as well as private cryptocurrencies. In this platform, you can find and trade several privacy tokens like Monero, Beam, Dero, Grin, and the rest. Tradeogre offers users over 83 cryptocurrency assets to trade with against Bitcoin.
In essence, Tradeogre does not facilitate tradings with fiat. However, this is understandable as users are meant to remain private as only their usernames and emails were requested during their sign-ups. At the moment, there isn’t any official information that offers insights on whether Tradeogre offers a diversified portfolio for traders. This implies that the exchange isn’t a good choice for you if you are a beginner. A lot of people use Tradeogre due to the special features that it offers which are most times unavailable on other platforms.
Just like other exchanges, Tradeogre has the top two crypto assets Bitcoin and Ethereum listed on its platform and offers them as trading pairs alongside Tether. A majority of its listings are digital coins that could be described as “less popular” and require caution when trading them.
Tradeogre Trading Services
Tradeogre exchange might be a unique platform that offers unique features, however, it facilitates cryptocurrency trading and the exchange of digital assets just like any other exchange. Since deposits are made in cryptocurrencies and not fiat, Tradeogre encourages the growth and development of available coins making its users access a diversified portfolio. Notably, the exchange is swift and efficient. Within a space of seconds, withdrawals can be mad
Tradeogre Fees
In the digital asset sphere, the handling of cryptocurrencies is never a free gesture. Exchanges develop a framework that applies to diverse aspects of trading. Buy, sell, or withdrawal executions might require trading fees which are simply a slight percentage of a set trading volume. Traders lookout for cryptocurrency exchanges that require a reasonable amount of trading fees to execute an order and sign up for it. In other words, a proper structure in the distribution of trading fees across all unique orders could earn an exchange more users.
For Tradeogre, there is an easier scenario. Since the platform does not integrate fiat currencies, there’s no need for wire fees as in the case with exchanges like Binance or Coinbase. An industry average of 0.20% trading fees is the take-off of the platform on all executed orders. This means that liquidity makers and takers on Tradeogre are equally charged for their transactions. Takers are those that take off an order that suits their needs from the order book while makers offer liquidity to exchanges by setting orders in the order book.
We believe that this trading fee structure is welcome to Tradeogre users or even potential traders. Tradeogre does not institute a heavier trading fee on big digital assets like BTC or ETH. The exchange is considered a straightforward no-nonsense platform and has stayed true to that so far.
Withdrawal and Deposit Fees
Impressively, Tradeogre in addition to a 0.20% flat trading fee charges based on the congestion on the network of a crypto asset at the period of withdrawal. This suggests that trading fees might fluctuate and this feature could be advantageous to a user. Of course, we won’t be mentioning fiat deposit or withdrawal methods because Tradeogre does not recognize them. In case you want an exchange that incorporates fiat deposit or withdrawal methods, then Tradeogre isn’t your best bet.
At the time of writing this review, the withdrawal fees of Bitcoin are placed at 0.00020314 BTC, which is way more acceptable in comparison to other exchanges. Ethereum fees are seen at 0.0072000 ETH, Dogecoin at 0.01000000 DOGE, Litecoin at 0.01000000 LTC, and Tether USDT at 20.0 among others.
Tradeogre offers three crypto-assets as trading pairs. Bitcoin (BTC), Litecoin (LTC), and Tether (USDT) can be used to facilitate the trade of diverse assets as specified on the exchange’s website.
Tradeogre Trading API
The Application Trading Interface (API) of a cryptocurrency exchange is a key factor in its review and Tradeogre exchange was detailed enough to offer insights to its API in a separate webpage. The exchange’s API is easy to use by anyone that desires to access the market. Requests are triggered via the standard HTTP and responses are returned in JSON format.
Its public API requires no authentication and spreads across parameters its list market and trade history. The private API on the other hand requires authentication and functions for buy and sell orders.
Tradeogre Limits and Liquidity
As a first-time trader on Tradeogre, you’d need to transfer digital assets from an external wallet to the platform. Tradeogre specified in its terms that it offers a native exchange wallet integrated into its platform for users to store digital assets. The platform warns that users might incur losses if they transfer unsupported tokens to their Tradeogre wallet.
However, there are no specified limits for withdrawals on the platform. Users reportedly deposit a huge amount of cryptocurrencies on the exchange although hefty deposits do trigger series of confirmations to ensure there isn’t any irregularities or breach.
To achieve liquidity, you can withdraw your funds to other crypto services that offer withdrawals to your bank or third-party financial services. Alternatively, you could transfer your diverse assets to USDT if you fear a capitulating market.
Tradeogre Portfolios
A trading platform could garner higher ratings if it offers users access to a diversified portfolio and derivatives. Most traders are comfortable trading the basic spot market while others, especially pro traders desire something more extreme. Of course, this depends on the ideology of exchange and the needs of its users.
Tradeogre is classified as a simple setup and does not offer margin trading. However, it is not yet an official realization if it offers perpetual futures contracts or not.
Nevertheless, it is noteworthy that Tradeogre, unlike most other platforms offers its services to users based in the US. This could be as a result of the anonymous feature the platform brandishes, European and United States users alike can enjoy the benefits of trading with the platform.
Cryptocurrencies Available at Tradeogre Exchange
Cryptocurrencies function as the soul of any crypto exchange. It is one of the major factors that attract users to a trading platform. While some platforms like Binance might offer only conventional and highly recognized cryptocurrencies, others might opt for the less conventional ones. Traders have diverse needs, therefore both exchanges attract their type of users.
Tradeogre is more on the less conventional camp. It does offer a wide array of digital currencies, however, only a few ring a bell. The exchange platform has about 83 virtual assets listed for users to trade. 81 of these crypto coins can be paired with BTC for trading while 15 can be paired with Litecoin.
Some of these cryptocurrencies include Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Dogecoin (DOGE), Cardano (ADA), Uniswap (UNI), Ripple (XRP), and others like INTUcoin (INTU), Garlicoin (GRLC), Lines (LNS), Monero (XMR), and PrivatePay (XPP).
Tradeogre Interface
The outlook of exchange goes a long way to ensure that traders do their business with minimum hitches. A poorly-developed trading view could deter traders from using a particular exchange. An exchange’s interface functions as the eyes of a user in the system of things occurring in the cryptocurrency world. Real-time data helps them make the right decisions and execute orders are the appropriate time. Most exchanges set up their interface to a level that could be accepted as the industry standard while others might go a lot more further to offer unique features to their clients.
As a small exchange, Tradeogre didn’t do bad enough. The interface though basic in appearance is sophisticated enough to handle the fundamental needs of a regular user. With buy and sell boxes in use, one can do a lot with the platform. The sleek view offers real-time data on purchase and disposal happenings in the market; as well as the option to switch between light and dark modes. You can also be able to view trading charts in different time ranges, hourly, weekly, monthly, or yearly.
Tradeogre App
Tradeogre does not offer an app edition. All of its features can only be accessed on its web version. The web version, however, has been consistent and users never had to complain so much. Despite all this, the judgment of exchange is left to the desires of a user who decides if it is suitable or not.
How Secure is Tradeogre
Hacks and scams have long been primary threats to crypto-based services. Hackers target these exchanges with well-thought-out tactics and if they succeed, they cart away large volumes of investor funds. No one admires the prospect of losing money to an exchange and knowing if an exchange is secure enough to handle your trading business could help you make great choices.
There is no historical narrative of Tradeogre losing money to prowling hackers and since it is an anonymous exchange, hackers might have a hard time tracing private investors. However, Tradeogre isn’t spotless, users claim that it does not conduct its security procedures well enough to the industry standard. The fact that the exchange is hiding its team and cannot offer evidence that it is regulated rekindles the fear of the unknown.
The platform advises users to opt for the 2-Factor Authentication feature it offers which can be integrated with Google Authenticator. However, a lot of users do not agree that this feature is good enough. Tradeogre exchange stores digital assets under its jurisdiction on its website which is not considered a worthy arrangement from a budding crypto exchange and could increase the susceptibility of the assets getting stolen by hackers.
Nevertheless, the privilege of lower transaction charges still positions the platform as a good bet for many cryptocurrency traders.
Customer Support
The team behind Tradeogre is not open to public scrutiny. Worse still, the platform does not offer an official email address or phone number for users to lay their complaints if any. Oftentimes, when users encounter issues during trading, they resort to sending Twitter DMs to the platform’s official handle.
However, this isn’t a good resolution from the company as scammers true to their nature are taking advantage of the absence of an official email address. These scammers are flaunting an email address “tradeogresupport@protonmail.com” to trick hackers into releasing their personal information and intercepting their accounts thereafter. The public is advised to disregard the email address and never disclose personal information to anyone by mail.
Situations that require the attention of customer support on Tradeogre are not something that happens very often. Although issues can occur, especially with the deposit of crypto to your Tradeogre wallet which when wrongly done could lead to a loss. Users are advised to reach out to the platform on Twitter to get their issues resolved.
Tradeogre does not have an official email address at the time of writing this guide. Users should be wry of any in circulation claiming to represent the company as they could be scammers after your digital assets.
This happens to be the only means of communication between users and Tradeogre at the moment. Some investors who reported their issues to the platform via Twitter testified of swift response from the team. If you wish to make a report to the platform on Twitter, ensure that you are sending your problem to the right account and straight to the DMs to avoid attracting scammers.
Conclusion
Trading platforms are indispensable to cryptocurrency enthusiasts. Several platforms are on the rise to satisfy the growing needs of a fast-expanding market and Tradeogre is a recent addition. The differing feature of Tradeogre from other centralized exchanges is majorly the attention it pays to privacy. Transaction fees on the platform are one of the lowest they ever could be, it only charges 0.20% on executed transactions, even on big assets like Bitcoin. The platform also offers users access to trade multiple assets though a majority of them are highly volatile.
The major setback Tradeogre faces are related to the lack of an official presence. Users cannot tell if the platform is regulated or not and cannot locate an official support center when there is a critical situation that needs attention. Coupled with the fact that the platform does not offer a crypto-to-cash sort of liquidity, some traders might be deterred from trading with it.
However, Tradeogre exchange has an easy-to-use outlook and the capacity to trade large volume assets with very meager transaction fees. It is still a favorite of many traders; Coin Market Cap reports that its total trading volume currently amounts to 117 Bitcoins which is above $3.8 million at the current rates.
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