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No — you can deposit, swap and hold crypto right away. Higher withdrawal limits require submitting your identity details for our team to review.
Most withdrawals are sent automatically within minutes. Withdrawals above your tier's review threshold are checked by a real person before being sent, for your safety.
The swap fee is always shown before you confirm, and the quoted rate already includes our conversion margin — what you see is exactly what you receive. Transfers to another PoweX user are free — zero network fee.
Your balances are guarded in institutional custody, with segregated accounts and controlled access. Our ledger is checked against the real balance there every hour, and any divergence is reviewed by our team.
It's a custodial wallet: you deposit, convert between coins, send and withdraw. There's no order book and no leverage.
Yes. The bot accesses the same account as the app and the browser.