The Alterdice crypto exchange was founded in 2018. Headquartered in Singapore, the centralized exchange has become popular in recent years by supporting many cryptocurrencies in a wide range of Alterdice trading pairs. Despite supporting users from around the world, U.S. investors cannot use the exchange.
Following the footsteps of many similar platforms, Alterdice traders can download the Android or iOS smartphone app to trade on the go. Also, users are required to complete the KYC process to start trading.
Markets
Alterdice offers over 40 crypto assets, allowing users to buy and trade on the Alterdice spot market. The Alterdice crypto exchange only accepts one fiat currency – USD. Though fiat isn't the only deposit option as users may also deposit Bitcoin or other cryptocurrencies to start trading or buying right away.
There’s a fixed 0.20% Alterdice crypto fee for both takers and makers. These fees are comparable to, if not somewhat lower than, the industry average. For a while, the industry average taker fee was 0.25%, but cryptocurrency exchanges are moving towards cheaper fees like 0.20%.
There’s an unusual structure for Alterdice exchange fees because users have to pay a flat fee and a percentage for withdrawing certain cryptos. But, in the case of Bitcoin, users only have to pay a 0.0005 BTC fixed fee with no percentage. That makes Alterdice’s crypto price slightly lower than the industry average of 0.0006 BTC.
Other Services
For traders with a personal cryptocurrency that they would want to be listed on the platform, Alterdice provides that opportunity through its listing feature.
There's also the Alterdice IEO launchpad, which offers direct listings and launching campaigns for brand-new tokens. New crypto businesses may more easily finance through the IEO launchpad, with the Alterdice platform organizing smart contracts and the KYC/AML procedure. Alterdice IEOs require a smaller ad spend than ICOs, and token issuers can leverage the exchange's large customer base to gain more support for their initiatives.
The API is another notable service offered by the Alterdice cryptocurrency exchange. The API is created to make it easier to access all elements of the Alterdice platform, supporting complete integration with trader products. However, it may be a bit complicated for most traders to implement.
About the Company
Founded in 2018 and located in Singapore, Alterdice supports a wide range of users in different countries. However, there's no information regarding the founders of the exchange.
The Alterdice cryptocurrency exchange regularly upgrades its audit processes to minimize vulnerabilities in its infrastructure and avoid cyberattacks.
