DAXBase Exchange Review

Click here to view website

DAXBase is a Forex and CFD trading platform that offers CFD trading over a wide range of financial assets to the vast majority of the countries worldwide. It is operated by Clever Technologies Ltd, which is headquartered in the Marshall Islands. Even though it provides better trading conditions with attractive discounts and bonuses for users, it is not regulated or authorized by any organisation. Therefore, users should understand the risks involved before dealing with this trading platform

Essential Information
Homepage https://www.daxbase.com
Established
Supported  Trading  Coins BTC/ETH/LTC/DASH
Fiat Currencies EUR/GBP/USD/RUB
Supported Payment Methods
  • Bank/Wire Transfer
  • Credit/Debit card (VISA/Mastercard)
  • Perfect Money
  • Skrill
  • Neteller
  • Cryptocurrencies (Bitcoin, Ethereum, Litecoin, Altcoins)
Supported Countries

Austria,  Australia, Bulgaria, Croatia, Republic of Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, HongKong, Hungary, Iceland, Ireland, Italy, Latvia, Lithuania, Liechtenstein, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, and United Kingdom

Minimum  Deposit Varies, 5000 USD/EUR for direct bank transfer, 250 EUR/GBP/USD for all other methods

The web trading platform of DAXBase is so simple that even a novice trader can quickly buy or sell CFDs from this platform. It is available in multiple languages including French, Spanish, Thai and Russian. At the time of writing, DAXBase allows CFD trading over different instruments like forex, commodities, cryptocurrencies, stocks and indices.

DAXBase Bonus Structure

DAXBase rewards its users with bonuses to initial or first-time trading deposits. Depending on the amount of deposit, a bonus can be as high as 100%. Moreover, it provides a free demo account for its users to improve their trading skills without losing money. It supports CopyTrading that allows users to choose from one or more successful traders and copy their trading movements.

DAXBase offers three types of accounts: Bronze, Silver and Gold based on the deposit amount as given below:

  • 250 to 999 EUR/USD – Bronze
  • 1000 to 2999 EUR/USD – Silver
  • 3000 EUR/USD and above – Gold

Gold and Silver account holders are eligible for a couple of features like Master Class (web session) and Personal Success Manager (only for Gold members) while other features remain the same for all types of accounts.

DAXBase Bonus Structure

The following review analyses several aspects of DAXBase, whilst providing you with an all-rounded detailed overview of the platform and its services. Although Cryptimi does its best to provide you with accurate information, whilst aiming to update it on a regular basis, we strongly recommend that you visit their website for any important updates which might occur after this review has been published.

Is DAXBase Safe?

DAXBase has stated in its confidentiality policy that it will never disclose any private or otherwise confidential information of its clients to third parties without their consent. All transactions made on the CFD trading platform are processed through 256-bit certified SSL layer to provide maximum protection for users’ sensitive information. Furthermore, the trading platform claims that all users’ funds are stored safely on European banks. However, one must keep in mind that DAXbase is not regulators and licensed to perform financial trading.

DAXBase CFD Trading Platform

DAXBase offers CFD trading over a wide range of instruments such as Commodities, Cryptocurrencies, Stocks, Indices and Forex. It lists all top cryptocurrencies including Bitcoin, Litecoin, Ethereum, Dash and Ethereum Classic. Check out their website to get the full list of instruments available on their platform.

The trading platform supports CopyTrading, a technique that can be helpful for those who want to trade automatically (by copying trading movements of other users) instead of manual trades.

User Friendliness

At first glance, the trading screen of DAXBase looks rather basic and simplistic, with only limited controls such as the Buy/Sell button and a tick chart. However, upon looking into it, you can find a lot of features like economic calendar, technical analysis, Charting tools, fundamental analysis, trade pattern ideas which will be really helpful for professional traders.

The only downside of the CFD trading platform is that it doesn’t provide an option for users to configure price alerts, notifications or to add assets as favourites for quickly monitoring their prices.

DAXBase CFD Trading Account

It won’t take more than a minute to create your trading account on DAXBase, as you need to provide only your name, phone number and email address. Since the trading platform doesn’t have a Forgot Password option, you need to take a copy of your password for future reference.

How to Sign up on DAXBase

Follow the below steps to create your account on DAXBase:

DAXBase Sign up Screen

  1. Navigate to their site and click ‘Register’.
  2. Enter your full name, phone number, email and set a strong password.
  3. Then select your currency. DAXBase supports four fiat currencies (EUR/GBP/USD/RUB) and four cryptocurrencies (BTC/ETH/LTC/DASH).
  4. After agreeing to the terms, click ‘Next’.

Now, you will be logged in to your account dashboard.

How to Log in on DAXBase

To log in to your account, follow the below steps:

DAXBase Log in Screen

  1. Navigate to their site and click ‘Log in’.
  2. Enter your email, password and click ‘LOGIN’.

After logging in to your account, you can deposit funds right away as you need not provide any documents to deposit funds on to your trading account.

Verification Requirements

DAXBase doesn’t require users to verify their identity to deposit funds. However, they need to submit all required documents in order to withdraw funds from their trading account.  If the account is funded by credit or debit card, then you need to submit a copy of the front and back of the credit card, hiding sensitive authentication data, a government-issued photo ID (such as a driver’s license or passport) and a 3-months recent proof of address (such a bank statement or utility bill). If you had deposited funds by wire transfer, then a copy of the bank statement from the originating account showing the transfer will be required. Or, if you had used an electronic wallet service like Skrill to deposit funds, then you must submit a photo ID and a proof of address.

How to Buy or Sell Bitcoin CFDs with DAXBase

Follow the below steps to buy or sell Bitcoin CFDs on DAXBase trading platform. Before placing your order, make sure that you have deposited funds in your account.

How to Deposit Funds on DAXBase

Follow the below steps to deposit funds on your account. The minimum amount of deposit is 5000 EUR/USD for direct bank transfer. For other payment methods, the minimum deposit amount is 250 EUR/GBP/USD.

DAXBase Deposit Funds

Screenshots are shown for illustration purposes only. Actual product may vary.

  1. Log in to your account and click ‘ACCOUNT FUNDING’.
  2. Either drag the slider or enter your deposit amount manually.
  3. Select your desired payment method (Card/Wire Transfer/e-Wallet/Crypto).
  4. Follow the on-screen instructions to place your request.

Generally, the processing time for deposits made via card or e-wallet is up to 3 hours, while it will take up to 3 business days or more for deposits made through wire/bank transfer.

Warning: The financial services provided by this platform carry a high level of risk and can result in the loss of all of your funds. You should never invest money that you cannot afford to lose. Under no circumstances does the company have any liability to any person or entity for any loss or damage cause by operations on this platform.

Now, let’s take a look at how to buy and sell Bitcoin CFDs on DAXBase.

DAXBase Buy Bitcoin CFD
Screenshots are shown for illustration purposes only. Actual product may vary.
  1. Log in to your account and click TRADING.
  2. Select Crypto from the drop-down box located on justify. Then, select Bitcoin
  3. Enter the amount of crypto and click Buy/Sell.
  4. Follow the on-screen instructions to place your order.

Once your order has been processed, you can track the status of your open position from TRADING page below tick chart.

Warning: The financial services provided by this platform carry a high level of risk and can result in the loss of all of your funds. You should never invest money that you cannot afford to lose. Under no circumstances does the company have any liability to any person or entity for any loss or damage cause by operations on this platform.

How to Cash Out on DAXBase

In order to withdraw funds from their trading account, users must verify their identity and payment method by providing all relevant documents. Normally, withdrawals are processed using the same method of deposit. For example, if you had deposited funds using a credit card, then you can withdraw your funds to the same card. DAXBase supports all payment methods like Wire transfer, Electronic wallets, Credit/debit cards and Cryptocurrencies.

The minimum amount of withdrawal is $50. Refer Platform Fees & Limits section to learn about withdrawal fees.

DAXBase Withdrawal

Screenshots are shown for illustration purposed only. Actual product may vary.

  1. Log in to your account and click ACCOUNT FUNDING->WITHDRAWALS.
  2. Select your payment method and enter the amount of withdrawal.
  3. Follow the on-screen instructions to place your withdrawal request.

Normally, DAXBase processes your withdrawal requests within an hour. However, it might take additional time to receive funds based on your payment method. Except for wire transfer, your funds will be credited on the same day to your payment card or e-wallet.

Supported Cryptocurrencies

Currently, DAXBase supports the following cryptocurrency CFDs:

Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), ZEC/USD, ZEC/BTC, XRP/USD, XRP/BTC, XMR/USD, XMR/BTC, SAN/USD, SAN/ETH, SAN/BTC, OMG/USD, LTC/BTC, IOT/USD, IOT/BTC, ETH/BTC, ETC/USD, EOS/USD, EOS/ETH, EOS/BTC, DSH/USD, DSH/BTC.

To get the full list of cryptocurrency CFDs supported by DAXBase, check out their website.

Supported Countries

Except for a few countries, DAXBase accepts members from all countries worldwide.

Supported

DAXBase offers its services to almost all countries in the world including Austria,  Australia, Bulgaria, Croatia, Republic of Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, HongKong, Hungary, Iceland, Ireland, Italy, Latvia, Lithuania, Liechtenstein, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, and United Kingdom.

Excluded

DAXBase doesn’t accept residents of the USA. Kindly note that this information was relevant at the time of writing.

————————————

In addition to reviewscenter.net will try to provide their observations and make the best review here. But this monitoring is not complete without your comments, messages and reports. So post your comments on the investment system provided at the end of each post or email reviewscenter.net@gmail.com

NOTE:

reviewscenter.net is not a financial and investment system and it never enter into the investment services’s area.
Our main task is to provide the correct payment for hyips and their related data.
reviewscenter.net has no responsibility for your investments.
Do your investment with more observation and investigation.

Is DAXBase Scam or Not?

Read articles you may want:

everything a beginner needs to know

how to start investing in bitcoins

bitstil.com