KaiDex Crypto Exchange Review: Limited Options, High Fees, and Little Community Trust

When you’re looking for a new crypto exchange, you want options, low fees, and some level of trust. KaiDex doesn’t give you any of those. It’s a tiny exchange based in Vietnam, launched in 2021, and still stuck with just one cryptocurrency and one trading pair. That’s not a niche-it’s a limitation. If you’re trying to trade Bitcoin, Ethereum, or even a popular meme coin, KaiDex won’t help you. You’ll be stuck with whatever single token they support, and you’ll pay 0.25% every single time you trade.

What You Can Actually Trade on KaiDex

As of late 2025, KaiDex lists only one cryptocurrency. No Bitcoin. No Ethereum. No Solana. No BNB. Nothing else. You can’t even choose between different tokens to swap. You get one asset, and you trade it against one other-likely a stablecoin like USDT or a native platform token. That’s it. There’s no way to buy altcoins, stake, or even deposit most major cryptos. This isn’t a platform for active traders. It’s not even really for beginners who want to dip their toes in. It’s for someone who already owns that one specific token and needs a place to trade it-maybe because no other exchange supports it locally.

Compare that to exchanges like Coinbase, which supports over 350 coins, or even smaller ones like SushiSwap, which offers dozens of tokens across multiple blockchains. KaiDex doesn’t just lag behind-it’s in a completely different league. If you’re looking to diversify, build a portfolio, or even just buy your first crypto, KaiDex is not an option.

Fees Are Stiff for What You Get

KaiDex charges a flat 0.25% fee on every trade. No maker-taker split. No volume discounts. No loyalty tiers. Just 0.25%, every time. That’s high. Even small centralized exchanges like Kraken charge as low as 0.00% for high-volume traders. Decentralized platforms like SushiSwap charge 0.30%, but they offer hundreds of trading pairs and multi-chain support. KaiDex charges nearly as much as SushiSwap but gives you a fraction of the utility.

Think about this: if you trade $1,000 worth of crypto on KaiDex, you pay $2.50 in fees. On Binance, you’d pay $1.00 or less if you use BNB for fee discounts. On Kraken, you could pay nothing at all if you’re a maker. KaiDex doesn’t even give you the option to reduce fees. You’re locked in.

No Margin, No Futures, No Advanced Tools

If you’re serious about trading-whether you’re day trading, arbitraging, or hedging-KaiDex won’t help. There’s no margin trading. No futures contracts. No stop-loss orders. No limit orders beyond basic buy/sell. No API access for bots. No charting tools worth mentioning. The interface looks like it was built in 2018 and never updated. You can’t even find a decent price chart on the site. It’s not just basic-it’s outdated.

For context, even small DeFi platforms like BakerySwap or Raydium offer multiple trading pairs, liquidity pools, and basic charting. KaiDex doesn’t even meet that baseline. It’s not a trading platform. It’s a token swap tool with no features.

Low Traffic, Low Trust

KaiDex ranks #414,564 on Alexa. That means it gets less traffic than a small local blog in New Zealand or a niche recipe site in Brazil. Major exchanges like Binance or Coinbase get billions of visits per month. KaiDex? Probably a few thousand. That’s not just small-it’s invisible.

And here’s the real problem: there’s almost no user feedback. No Reddit threads. No Trustpilot reviews. No Twitter discussions. No YouTube tutorials. No Medium articles breaking down its security. You can’t find a single honest review from a real user. That’s not because it’s perfect-it’s because almost no one uses it. If a platform has zero online chatter, that’s a red flag. People talk about exchanges when they have problems. They also talk about them when they love them. KaiDex? Silence.

Security? Unknown

Does KaiDex use cold storage? Do they have insurance? Are they KYC-compliant? Do they undergo audits? There’s no public information. No security whitepaper. No transparency report. No mention of any third-party audits. For a crypto exchange, this is dangerous. You’re handing over your private keys or funds to a platform that won’t tell you how it protects them.

Compare that to even mid-tier exchanges like KuCoin or Gate.io-they publish regular security updates, have bug bounties, and disclose wallet addresses. KaiDex says nothing. That’s not privacy. That’s secrecy. And in crypto, secrecy equals risk.

Who Is KaiDex Even For?

There’s one possible use case: if you’re in Vietnam and you hold a token that’s only listed on KaiDex-maybe a local project that never got listed elsewhere-you might have no choice. But even then, you’re stuck with high fees and zero liquidity. If you try to sell, you might not find a buyer. If you try to buy more, the price could swing wildly because there’s so little trading volume.

For everyone else? KaiDex is a dead end. It doesn’t offer anything you can’t get elsewhere, and it makes it harder and more expensive to do it. There are better alternatives for every type of user:

• If you want simplicity: Coinbase has a clean app, low fees for beginners, and 24/7 support.
• If you want low fees: Kraken offers 0.00% maker fees and hundreds of coins.
• If you want DeFi: SushiSwap or Uniswap give you access to hundreds of tokens across Ethereum and Polygon.
• If you’re in Southeast Asia: Binance and Bybit have local support, Vietnamese language options, and way more liquidity.

The Bottom Line

KaiDex isn’t a bad exchange because it’s new. It’s bad because it’s stuck. Four years after launch, it still offers one coin, one pair, one fee, and zero transparency. There’s no sign of growth, no roadmap, no community. It doesn’t feel like a company trying to build something-it feels like a project that got abandoned.

If you’re looking to trade crypto in 2025, don’t waste your time on KaiDex. The fees are too high, the options are too few, and the trust is too low. There are dozens of better exchanges out there that actually care about their users. Pick one of those instead.