Quidax Review: Is it Legit? Here’s how it work

Quidax is a cryptocurrency trading platform that allows its users to trade and manage crypto assets.

There’re lots of cryptocurrency exchangers that claims to help you trade and manage crypto assets. Just as you should know, some of them are doing really good while most are not reliable.

This review will walk you through on some certain things you need to know about this crypto exchange. If you’re here to know if quidax is legit or scam, this post has got you covered.

This is a complete quidax review. So, all your questions as regard the platform will be answered here.

About Quidax

Quidax is a platform that allows its clients to easily buy and sell Bitcoin, Ethereum, Ripple and other cryptocurrencies.

about quidax cryptocurrency exchange

The platform was launched on August 2019. And since then, they have been operating as a cryptocurrency exchanger.

Is Quidax Legit or Scam?

The platform has been operating for some years without negative reviews from its users. As a result, quidax seems to be reliable for trading cryptocurrency.

See what people are saying about this exchange on trustpilot below.

people's review

As you can see, there’re lots of positive reviews from its users. Likewise, most of its users give credit to its friendly interface and ease of use.

This makes quidax one of the reliable crypto exchangers. In fact, it’s emerging to be one of the top cryptocurrency exchangers in Nigeria.

However, it has not been a long time since the platform began operation. Therefore, you need to be careful with how you trade using the platform.

Although, the platform has an average of 4.0 rating, I’ll still advise you to not trade large volume of crypto.

Services Quidax Offer

The platform offers some services which include buy/sell, cryptocurrency exchange, wallet and other unique services.

Instant Buy/Sell

The platform allows you to buy or sell cryptocurrency. After all, this is the main feature of a crypto exchange.

Here is a quick guide on how to use the instant buy/sell feature.

  • Go to the platform’s website to create an account
  • Sign in and click on “instant buy/sell”
  • You can then select the cryptocurrency to buy and enter the amount
  • After that, click on the “continue” button to confirm to confirm your order
  • Once your order was confirmed, your wallet will be credited

You should know that you’ll have to create an account before you can buy/sell crypto. You can sign up within few minutes if you’re yet to create an account.

Also, you’ll need to fund you naira wallet before you can buy crypto. Quidax support only naira currency.

The platform let you buy amount of Bitcoin, Ethereum, USDT, Ripple and other cryptos with as low as N500.

Crypto Exchange

Quidax offer an exchange that allows you to trade between different cryptocurrencies. You can exchange Naira for Bitcoin, XRP and other cryptocurrencies.

The platform also provides some interesting features including chart and API access.

chart by tradingview

With the chart, you can easily keep track of each crypto asset. The API access allows automated trading.

Quidax Wallet

Just like most exchanges, quidax provides wallets for each supported cryptocurrencies and NGN wallet for users.

The wallet is available on the mobile app and web app.

Why Choose Quidax

Some of the reasons why you might want to choose this cryptocurrency exchange are discussed below.

Good Security

Security is one of the things you should consider before joining any crypto exchanges.

According to the platform, vast majority of the digital assets are stored in secure offline cold storage.

Friendly User Interface

One of the things that make the platform unique is the beginner friendly interface. Therefore, you can make use of the services the platform offers without prior trading experience.

Reliable Customer Support

The platform offer support for their users. If you need to ask a question, you can contact the customer support via social media. You just need to submit a support ticket.

Customer support is available via facebook, twitter and instaagram.

Also, there is a knowledge base articles on the site that answer some of the questions most people ask.

So, in some cases, you can read those articles without the need to contact support.

Quidax FAQ

Here are answers to some of the questions most people ask about this crypto exchange below

Is Quidax Legit?

Yes, quidax is legit and reliable. You can become a user and start trading cryptocurrency.

Which Cryptocurrency does Quidax Support?

Below are the currencies supported by the platform.

  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Litecoin (LTC)
  • Ripple (XRP)
  • Tether (USDT)

The FIAT currency supported by the platform is Nigerian naira (NGN).

What Payment Methods Does The Platform Support?

The platform supports the following methods:

  • Card Deposit
  • Bank Transfer
  • USSD Deposit
  • Bank Deposit

How Do I Contact Customer Service?

As I’ve said, you can contact their customer service via facebook, twitter and Instagram. Likeweise, you can hit the “contact us” button and submit a request.

Conclusion

Quidax is a reliable cryptocurrency exchange platform you should consider for trading crypto. The platform provides good services.

I hope you found this quidax review helpful.

If you’ve got a question, make use of the comment box below.

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Victor Odediran

I'm an internet savvy, a web designer and a blogger. Follow me on Facebook.

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