EDX Markets
57.3/100
EDX Markets is a digital asset trading platform that facilitates the buying and selling of cryptocurrencies. Unlike traditional cryptocurrency exchanges, EDX Markets operates as a non-custodial exchange, meaning it does not directly hold users' funds or assets. Instead, it connects buyers and sellers through a centralized order book while relying on third-party custodians to handle the settlement of trades. This approach aims to provide increased transparency, security, and regulatory compliance. EDX Markets is backed by a consortium of major financial institutions and trading firms, which distinguishes it from many other platforms in the cryptocurrency space. Its design reflects a traditional financial market structure, seeking to align with regulatory standards and appeal to institutional investors and large market participants. The platform supports trading for a select range of well-known cryptocurrencies, such as Bitcoin (BTC) and Ethereum (ETH), although the specific list of supported assets may evolve as market demand and regulatory considerations change. Unlike retail-focused exchanges, EDX Markets does not cater to individual retail investors directly. Instead, it primarily serves institutional clients, broker-dealers, and large financial intermediaries. EDX Markets utilizes an order book model similar to those used in traditional stock exchanges. Orders are matched on a central platform, but settlement occurs off-chain through regulated custodians. This separation between trading and settlement aims to reduce counterparty risk and increase market transparency. The platform does not engage in proprietary trading or market-making, which means it does not trade against its own users, a point often emphasized to build trust with participants.
Type
centralized
Country
U.S.A
Order Book
No
Trade
No
Address: 33-41 Newark Street, Hoboken, New Jersey
Deposit Method: For fees, deposit, and withdrawal tabs, please visit the fees page.
Withdrawal Method: For fees, deposit, and withdrawal tabs, please visit the fees page.