Deepcoin Review 2025
- Easy signing up and KYC
- Highly competitive futures fees
- Leverage up to 125x on BTC and ETH
With hundreds of crypto exchanges to choose from, picking a crypto exchange to call home can be harder than ever. Deepcoin, launched in 2018, adds to that global list of platforms but is already in its second crypto cycle, making it more of a veteran than a newcomer. This Deepcoin review looks at how reliable, safe, and user-friendly the platform is in 2025. We’ll also compare Deepcoin’s pros and cons against competing platforms.
To evaluate Deepcoin from a user perspective, we followed a standard framework that includes reviewing its security history, regulatory standing, product lineup, trading fees, and the trading experience itself. We also weighed feedback from user reviews that highlight Deepcoin’s strengths and weaknesses. Security is key in a target-rich industry like crypto, so we also examined security features and third-party audits.
This review covers the most important information people want to know before trusting an exchange with their money. Is Deepcoin right for you? Let’s have a look at our overall take before we dig deeper into our full Deepcoin exchange review.
Our Take on Deepcoin: Pros and Cons
Our Deepcoin review gave us the opportunity to explore the platform’s pros and cons in detail to form an overall grade and determine which types of traders the platform is best suited for.
Deepcoin favors experienced traders who trade major assets, with a strong focus on perpetual futures. The interface is clean, making it easy to find trading tools, and the mobile app mirrors the desktop layout closely. Futures fees are competitive. API access is also available for users who want to plug in their own trading tools.
The trade-offs are hard to ignore, though. Deepcoin lacks clear regulatory footing, requires KYC before deposits, and doesn’t offer fiat on-ramps. Funding friction alone puts the exchange out of reach for beginners who don’t already keep crypto on another platform. The smaller coin list and the inconsistent withdrawal reviews also point to an exchange better suited for short-term trades than for storing long-term balances.
Overall, Deepcoin is best matched to users who trade actively and already own crypto they can deposit to get started. However, it’s a tougher sell for newcomers or anyone who needs clearer regulation, easier funding, or broader coin availability.
- Easy KYC process and fast signup
- Competitive trading fees for futures
- Up to 125x leverage on BTC and ETH
- Responsive live chat support
- Clean interface on web and mobile
- No fiat on-ramps
- Requires KYC before deposits
- Limited coin selection compared with major exchanges
- No audited proof of reserves
- Mixed user feedback about withdrawals
- Unclear regulatory/licensing status
What is Deepcoin Exchange?
Deepcoin is a centralized cryptocurrency exchange. The platform, launched in 2018, focuses on both spot and derivatives trading. Its feature lineup largely parallels features found on many leading crypto trading platforms.
The exchange’s target audience centers on active traders, although the platform also offers limited beginner-friendly features, such as copy trading, demo trading, and basic spot trades. Advanced users will appreciate Deepcoin’s high-leverage (up to 125x) inverse perpetual contracts (crypto-settled perps) and the opportunity to become a lead trader for the copy trading platform. The platform also offers API access for automated and algorithmic trading.
The Deepcoin exchange serves more than one million users across 100+ countries and lists Deepcoin Global Pte. Ltd. as its operating entity. The company’s LinkedIn page points to a presence in Dubai, although we also found a business listing in Singapore, and the Terms of Use page indicates the user agreement is governed by Canadian law. However, Deepcoin’s Legal Statement refers to “fully complying with relevant laws and regulations of the Republic of Seychelles.” A “decentralized” global footprint isn’t unusual for derivatives-focused platforms. We’ll cover the full security and compliance picture in a later section.
Notably, Deepcoin is currently a crypto-only exchange for all intents and purposes. With no functional fiat on-ramps (cash-to-crypto), Deepcoin positions itself as a trader-focused exchange geared toward crypto veterans rather than as a newbie-friendly trading hub.
Deepcoin Overview
Deepcoin is a centralized crypto exchange that launched in 2018 and focuses heavily on derivatives trading. It supports a modest lineup of spot assets, allows users to trade perpetual contracts, engage in copy trading, and offers a demo environment. The platform’s features support frequent traders and experienced users.
| Exchange Type | CEX |
| Best For | Crypto-to-crypto traders and derivatives users |
| Based In | Operated by Deepcoin Limited (jurisdiction varies by document: Seychelles legal statement; Canada governing law in Terms of Use) |
| Availability | 100+ countries |
| Licenses | No verifiable major-market licenses found (US, UK, EU, Singapore, etc.) |
| KYC Verification | Identity verification is required for deposits and trading |
| Supported Coins | 110 spot assets, 50 perpetual futures pairs |
| Deposit Methods | Crypto deposits only (no confirmed active fiat on-ramps) |
| Trading Products | Spot, perpetual futures (up to 125x leverage), copy trading, API support |
| Fees | Spot: 0.0% maker/taker; Futures: 0.02% maker / 0.05% taker (subject to promotions) |
| Key Features | High-leverage futures, copy trading, demo mode |
| Customer Support | Live chat and help-center articles; no email support |
Is Deepcoin Secure and Legit?
Deepcoin hasn’t reported any security breaches or loss of customer funds since it launched in 2018. The company says it stores most funds in cold wallets and uses smaller hot wallets for withdrawals. This is common practice for crypto exchanges. However, we were unable to find a proof of reserves (PoR), which is a blockchain-based method to verify that the exchange holds the amount of crypto that shows in the dashboard.
We checked Deepcoin’s security profile on CER.live, a cybersecurity rating platform operated by Hacken. CER.live assigns Deepcoin a D (24%) rating because the exchange doesn’t show evidence of recent public penetration testing, an active bug-bounty program, or an independently audited proof of reserves. These 0/100 categories bring down the overall score. However, the platform earned higher marks for Server Security (72/100) and User Security (82/100).
We weren’t able to find a recognized license from major jurisdictions such as the US, UK, EU, or Singapore. Like many offshore derivatives platforms, Deepcoin serves users in a large number of countries but may restrict access in regions with stricter rules. However, the platform does enforce Know Your Customer (KYC) identity verification requirements, which could help with future licensing efforts. These now near-ubiquitous requirements stem from legal actions against other exchanges. In 2023, the US Department of Justice (DOJ) charged the Binance exchange with several charges related to running an unregistered cryptocurrency exchange.
Deepcoin gives users a number of tools to protect their accounts individually. These include two-factor authentication for logins and the option to set a separate password for withdrawals. There’s also an option to add an anti-phishing code to emails. These features won’t solve the bigger concerns surrounding audits or regulation, but they do add some basic protection on the user side.
Deepcoin Supported Coins and Trading Pairs
Deepcoin supports spot trading for 110 cryptocurrencies, a smaller number than on many competing exchanges. However, as on many exchanges, trading volume centers on a handful of leading crypto assets, including Bitcoin, Ethereum, XRP, and Solana.
As of this writing, the most-traded cryptocurrencies on the platform by volume are as follows:
- Ethereum (ETH)
- Bitcoin (BTC)
- Solana (SOL)
- Cardano (ADA)
- XRP (XRP)
- BNB (BNB)
- Pudgy Penguins (PENGU)
- Worldcoin (WLD)
- Zcash (ZEC)
- Dogecoin (DOGE)
Top assets like Bitcoin and Ethereum can see daily trading volumes of more than $300 million. However, volume falls off sharply after that grouping, with XRP seeing less than $11 million in daily trading volume.
Futures volume is much higher, although still concentrated on key digital assets. The platform supports 50 perpetual futures pairs in total. BTC, ETH, SOL, and XRP get the lion’s share of trading activity in futures markets on Deepcoin.
While Deepcoin does offer a range of altcoins, including some top memes like PEPE, the overall selection remains much lower than competing platforms like MEXC and KuCoin, which support 2,000+ and 1,000+ cryptocurrencies, respectively.
Deepcoin Trading and Investing
Deepcoin offers traders a mix of advanced trading tools, including spot trading, perpetual futures, copy trading, and simple crypto-to-crypto swaps. However, the platform’s focus is on active traders who prioritize fast order execution (millisecond response time), high-leverage futures (up to 125x), and the ability to follow the moves of successful traders (copy trading).
Beginners can still use the exchange effectively through its spot markets and learn the ropes of futures trading with the demo trading account. Still, the overall layout and feature set lean toward frequent traders rather than casual buyers.
Spot Trading and Instant Swaps
Deepcoin supports spot markets for more than 100 cryptocurrencies. Traders can place limit and market orders on the advanced trading platform or use the instant-swap tool to exchange one asset for another instantly. Swap rates can vary based on liquidity, and spot volume is concentrated in major assets like BTC, ETH, SOL, and USDC.
Derivatives Trading
Futures trading is the core of Deepcoin. The platform offers up to 125x leverage on perpetual futures contracts, with support for both isolated and cross-margin. However, 125x is only available for BTC and ETH.
Assets like SOL and XRP support 75x leverage, whereas less liquid or more volatile coins support 25x to 50x leverage on the platform. Notably, Deepcoin offers both USDT contracts and coin-settled contracts, the latter of which offers a slimmer selection of trading pairs.
With higher leverage available and the less commonly found option of trading coin-settled futures, Deepcoin stands out among the best crypto leverage trading platforms.
If you need higher leverage or access from more regions, platforms like CoinFutures may be a better fit. CoinFutures offers no-KYC access and up to 1,000x leverage (10x by default) for trades. A simple point-and-click interface allows traders of any experience level to set up leveraged trades easily.
Copy Trading
Deepcoin also provides a copy-trading hub where users can follow experienced traders and automatically mirror their positions. Lead traders earn a share of follower profits, while followers can review performance metrics before choosing someone to copy. This feature has become increasingly popular on exchanges because it allows users to filter for lead traders based on historical trading performance.
Demo Trading
The platform also offers a demo account for users who want to learn futures trading or test their latest strategies without risking real money. Demo trading pairs virtual assets with the live trading interface for Deepcoin’s futures platform. In effect, you trade against real-time markets. This feature can be particularly helpful for newer traders or traders accustomed to spot trading. Demo trading offers a way to learn the ropes of perps trading, which is often trickier to navigate, without risking trading capital.
Deepcoin Rewards Hub and Activity Center
Deepcoin’s Rewards Hub is similar to most centralized exchanges and uses a mission-type structure to earn rewards. Users complete tasks to earn points or vouchers, which they can then redeem for platform benefits, such as reduced trading fees. Find new rewards and tasks in the Activity Center.
Overall, the Rewards Hub is a nice extra, but the platform’s trading features and low fees are bigger selling points.
DC Coin Mining
Deepcoin also offers “DC Coin Mining,” but it isn’t mining in the technical sense. Users aren’t running hardware, validating blocks, or earning rewards the way miners do on proof-of-work networks. Instead, Deepcoin uses the term to describe a participation-based rewards system inside the exchange.
Here’s how it works. DC Coin Mining lets users earn DC (short for Deepcoin), but it’s not a typical cryptocurrency. Instead, it’s an in-house points system tied to various exchange activities. Users earn DC by trading, completing missions in the Activity Center, referring new users, or joining limited-time campaigns. These points aren’t a blockchain token, so they have no market value. Deepcoin treats them more like loyalty or reward credits.
Earned DC can be exchanged inside the platform for small rewards. In past promotions, Deepcoin offered bonuses like trading-fee discounts, coupons, or access to specific events. Because these offerings change frequently, the value of DC depends entirely on whatever promotions Deepcoin is running at the moment. Notably, DC can’t be withdrawn or redeemed for any cash value.
Deepcoin Payment Methods
Deepcoin works as a crypto-to-crypto exchange. You can move money in by sending crypto from another crypto wallet, and withdrawals work the same way. We couldn’t verify any active fiat options. In the past, the platform supported crypto on-ramp providers such as Simplex or Banxa for card purchases, but there’s no sign that those are still supported.
Deepcoin recently partnered with South Korea’s GOPAX exchange to enable compliant cross-exchange crypto transfers. However, the arrangement doesn’t offer a fiat onramp for users.
Deepcoin Fees
Deepcoin’s fee structure is easy on the wallet, making it one of the lowest-fee crypto exchanges. Spot trades are free as of this writing. Users can trade derivatives with a low maker-taker model. Deposits are also free (network fees apply), and withdrawal costs depend on the token you’re moving to your wallet.
Here’s a quick breakdown:
- Spot trading: 0% maker / 0% taker (likely promotional)
- Futures trading: 0.04% maker / 0.06% taker
- Crypto deposits: Free, network fees apply
- Crypto withdrawals: Free, network fees apply
Deepcoin lists the actual fee inside the withdrawal interface, and users should check the amount before confirming trades or withdrawals.
Compatibility and User Experience
Deepcoin works on web, iOS, and Android (dedicated mobile apps), providing a familiar experience on desktop or on the go. The mobile layout mirrors the desktop structure closely. You’ll find tabs for spot, futures, copy trading, and account settings, so there’s very little relearning when switching between devices.
The apps are responsive and run as expected. Notably, newer traders may find the learning curve a bit steep, especially in the futures interface, which packs a lot of information onto a small screen. More experienced traders, however, will likely appreciate access to leveraged trading on any device.
Deepcoin’s web platform offers the most feature-complete version of the exchange, and the charts are noticeably easier to use on desktop.
Where is Deepcoin Available?
Deepcoin markets itself as a global exchange, supporting more than 100 countries worldwide by some estimates. However, unlike some regulated exchanges, the platform does not publish a list of all supported or restricted countries.
Deepcoin’s Terms of Use page lists several officially restricted regions. Users in the US, Hong Kong, Malaysia, and all OFAC-sanctioned jurisdictions are prohibited from trading or holding positions.
The caution here centers on potential account freezes if you’re in an area that’s not supported, or that suddenly becomes unsupported.
Does Deepcoin Require Kyc?
Yes, Deepcoin requires KYC identity verification, which unlocks daily deposit and withdrawal limits up to 10 BTC in value. Unlike some exchanges that allow trading with no KYC requirement or “KYC lite,” Deepcoin’s ID checks are more rigorous and comparable to those of larger exchanges like OKX and Binance.
- Global unified ID OCR
- ID information check
- Face comparison
- 3D liveness
- AML watchlist monitoring
Notably, users from restricted areas are unable to sign up for a Deepcoin account but can access other areas of the site in read-only mode.
What Are the Disadvantages of Deepcoin?
Part of a Deepcoin review means taking an honest look at the platform’s weak points. Deepcoin offers some intriguing features for advanced traders, including API access, but it’s not a fit for all traders. Notably, its limited trading selection makes it best suited to users who trade major crypto assets, such as BTC, ETH, SOL, and XRP.
One of the biggest limitations is the lack of regulatory clarity. In short, we don’t definitively know where the company is located. Deepcoin doesn’t hold licenses from major financial jurisdictions, and its legal documents reference both Seychelles and Canada. For users in heavily regulated markets, this creates uncertainty about what protections (if any) govern trading on the platform.
KYC requirements also work differently compared to what many Deepcoin reviews suggest. Deepcoin requires identity verification before you can deposit funds. For users who value anonymity or expect to trade without ID verification, this is an important detail that won’t become apparent until after signup.
Funding options are another weak point. Deepcoin does not offer active fiat on-ramps or popular third-party providers, which leaves crypto deposits as the only practical way to get started. That’s fine for experienced traders, but it makes onboarding much harder for beginners who don’t already hold crypto elsewhere.
User reviews add one more thing to keep in mind. Feedback is limited overall, but the reviews that do exist often mention slow or inconsistent withdrawals and difficulty resolving issues with support. While our own live-chat test returned a quick response, the lack of email tickets should be considered.
Finally, transparency is another concern. Deepcoin doesn’t publish audited proof-of-reserves, and its CER.live rating is lower than many competing exchanges due to missing penetration testing and bug bounty information.
Best Deepcoin Alternatives
Deepcoin has its pros and cons. If you want something a bit different, you have plenty of choices. Below, we highlight four alternatives. Some target simplicity, others offer a more complete suite of trading tools.
Coinfutures
CoinFutures doesn’t offer spot trading at all. Instead, the platform offers a simplified way to trade crypto futures that combines the easy setup of Up/Down options with high available leverage. Only 11 crypto assets are supported, but all the big names are there. Trade BTC, ETH, SOL, DOGE, and more with up to a 1,000x multiplier.
Whether you’re new to trading or an experienced trader who wants to make a quick trade, CoinFutures lets you set up your trade in seconds. The platform is designed for quick trades without the complexity, making it particularly suitable for beginners.
OKX
OKX is a larger, more established exchange with deeper liquidity and a much broader lineup of coins than Deepcoin (350+). As highlighted in our OKX review, the platform supports spot, futures, staking, and even a selection of customizable automated trading bots you can set loose on the market.
OKX also offers fiat on-ramps in many regions, making it a more convenient choice for people who need to buy crypto to top up their balance. Over the years, OKX has become known for its transparency and was one of the first platforms to offer proof of reserves.
WEEX
WEEX has become a popular destination for futures traders who want to trade a wider variety of coins. The platform supports more than 1,000 cryptocurrencies and offers up to 400x leverage for perpetual futures markets. On the safety front, WEEX maintains a 1,000 BTC fund to protect users against losses due to platform-related issues.
WEEX also offers a demo account where newer traders can learn the ins and outs of futures trading without risking real money. Demo account trading also provides a great way to test a new indicator you’ve been meaning to try or experiment with strategies with no real skin in the game.
Blofin
BloFin offers both spot and futures trading, with up to 150x leverage across more than 350 perpetual contracts and over 400 spot cryptocurrencies. The platform also supports copy trading and a demo mode with virtual funds.
The exchange stakes its reputation on infrastructure and account security, including 1:1 proof-of-reserves and crypto custody provided by Fireblocks. KYT monitoring from Chainalysis and certifications, such as ISO/IEC 27001 and PCI DSS, add to the exchange’s security-first positioning.
Deepcoin Customer Support and User Reviews
Deepcoin offers customer support through an on-site chat tool, which responded nearly instantly in our tests. According to Deepcoin’s support agent, the exchange does not operate an email-based ticketing system. Live chat remains the primary way to reach a human for retail user support. However, several published email addresses offer ways to reach out regarding other matters, such as token listings or partnerships. Outside of that, users are limited to the platform’s help-center articles, which cover basic account functions and trading topics.
Deepcoin reviews are mixed, although Trustpilot showed only 11 reviews, making this an extremely small sample. Overall, users on Trustpilot rated the exchange with a 2.1 out of 5 stars. Although this is low, it’s not unusual for crypto exchanges, where the technical nature of the product makes it challenging for providers to offer a smooth user experience for users of varying technical ability.
The limited number of reviews makes it challenging to pinpoint specific pain points for users. However, withdrawal-related complaints appear often enough raise a curious eyebrow.
While support is available and live chat responds quickly in our experience, the absence of an email or ticket-based system limits the ability to address more complex issues (e.g., screenshots). As with any exchange, users should test the platform with smaller deposits and withdrawals before committing larger balances.
How to Get Started With Deepcoin: Step-by-Step
Getting started with Deepcoin follows a similar process to that found on other platforms. There are a few mandatory steps, including identity verification. Let’s get started with a simple walkthrough of the full process, from creating an account to reaching the trading interface.
1. Create an Account
The registration process begins on the official Deepcoin website, where you should look for the orange Register button in the top right to get started. Enter a valid email address, then choose a secure password.
Next, enter the verification code sent to your email address.
2. Enable Two-Factor Authentication (2FA)
Navigate to the account settings on the right-side menu to configure settings for your account. Deepcoin recommends using Google Authenticator to generate secure access codes on a mobile device you’ll have with you.
Deepcoin also offers a range of additional security settings, including anti-phishing codes and the ability to lock down withdrawals to preconfigured wallet addresses only.
3. Complete Identity Verification (KYC)
Deepcoin requires KYC before deposits, regardless of jurisdiction. To start KYC, go to Account Settings and select Identity Verification, or click on the Deposit icon.
You won’t be able to deposit onto the platform until KYC is complete. To get started, you’ll need to submit or complete the following:
- Government-issued ID
- Face scan
- Basic personal information
Approval typically takes 1–3 hours. Completing KYC allows you to deposit or withdraw up to 10 BTC (or equivalent value) per day.
4. Deposit Crypto (After KYC Approval)
After your identity is verified, click Deposit and select the asset you want to send. Then, copy your deposit address or scan the QR code. Next, transfer funds from your wallet or another crypto exchange.
Deepcoin does not support fiat deposits, so crypto is the only way to get started with the platform.
5. Explore the Trading Interface
Once funded, you can access Spot Trading, Perpetual Futures, Copy Trading, and Demo Mode. Advanced users can also generate API keys for automated access to the platform.
Many new traders get started with demo trading, which allows you to learn how futures trading on Deepcoin works before you start trading with real funds.
Our Methodology: How We Tested and Reviewed Deepcoin
Our Deepcoin review combines hands-on testing with independent verification of the platform’s claims. We created an account, confirmed regional access limits, tested the KYC process, checked funding requirements, and explored the trading interface on both desktop and mobile. This allowed us to experience the exchange the same way a new user would.
We also validated key platform details using multiple third-party sources. This included checking Deepcoin’s CER.live security rating, comparing fee data from external aggregators, reviewing legal documents and terms of use, and collecting user feedback from review sites.
Context matters, so we compared Deepcoin against competing exchanges using a consistent set of criteria. We considered key factors that affect users, such as security, transparency, ease of use, and available markets. We also weighed funding options and overall reliability. This structured approach allowed us to form a balanced view of where Deepcoin performs well and where it falls short.
Deepcoin Review Conclusion: Is it Worth Your Attention?
Deepcoin offers a straightforward way to trade major assets, especially if you’re focused on perpetual futures and already keep crypto on another platform. The interface is easy to navigate, and the app feels familiar if you’ve used other exchanges. Fees for futures trades are also competitive.
However, the platform comes with some clear limitations. There are no fiat on-ramps, KYC is required before you can deposit any amount of crypto, and user feedback around withdrawals isn’t always consistent. Deepcoin also doesn’t publish audited proof-of-reserves, and its regulatory footprint isn’t as clear as it is with larger exchanges. The smaller lineup of tradable coins may also be restrictive if you rely on niche assets or more complex trading strategies.
Overall, Deepcoin likely works best as an additional trading account for active users who want another venue for futures trading. While features like API access are a plus, for beginners or for anyone who wants simple funding, stronger oversight, or wider market coverage, one of the alternatives highlighted earlier may offer a better fit.
FAQs
Where is Deepcoin based?
Who is behind Deepcoin?
Is Deepcoin available in the US?
Can you buy crypto with fiat money on Deepcoin?
References
- Legal Statement (Deepcoin)
- Deepcoin (CER.live)
- Binance and CEO Plead Guilty to Federal Charges in $4B Resolution (US Department of Justice)
- Deepcoin Integrated with Korea’s Fifth-Largest Fiat Exchange GOPAX (PR Newswire)
- Terms of Use (Deepcoin)
- Welcome to the Deepcoin Help Center (Deepcoin)
- Deepcoin.com Reviews (Trustpilot)
