Alterdice is a cryptocurrency trading platform and exchange founded in 2018. This platform is designed to simplify the trading process by offering free deposit and secure customer funds. Alterdice also includes features such as a news aggregator, an IEO launchpad service, an API service, and more. Learn more about this crypto exchange by reading our complete Alterdice review now.
- Low trading fees
- Supports IEOs and coin/token listings
- API integrations for more custom trading activity
- Large withdrawals not available to US citizens
- Exchange missing a number of top digital assets
- Lacks many crypto services (loans, staking, interest account, etc.)
Alterdice is a Singapore-based cryptocurrency trading platform created in 2018 with the aim to simplify cryptocurrency trading through free deposit, and secure customer funds via auto ddos attack protection and assets cold-stored offline. The Alterdice platform also includes a news aggregator and listing/initial exchange offering (IEO) service for new or up-and-coming digital currencies.
While Alterdice is technically a globally accessible platform, citizens of the United States of America, North Korea, Cuba, Iraq, Iran, Pakistan, Sudan, Syria, the Government of Venezuela, or the Crimean region cannot pass the verification process.
That said, without verification, you can still make deposits, trade digital currencies, and withdraw on Alterdice. The only limit for non-verified users is that you cannot withdraw more than 0.5 BTC per 24h.
If you want to learn all about Alterdice’s services and whether or not they’re right for you, stick around for this in-depth Alterdice review.
The Alterdice exchange supports 80 different crypto assets where you can buy and sell Bitcoin, Bitcoin Cash, Ethereum, Doge, and much more. However, there are a number of top digital assets missing, such as SOL, ADA, and LUNA.
Alterdice also only supports one fiat currency (USD). Fiat isn’t the only deposit method, however, as you can always deposit Bitcoin or other digital currencies to begin trading or instantly buy. If you only have a non-USD fiat, there is, unfortunately, no other deposit method.
As far as trading, Alterdice has a fairly intuitive platform, though it makes sure to include some advanced charting functionality. The design and layout are nothing to write home about, but they are good enough for the average trader and will even suit the more experienced trader.
Some improvements that could be made include a less rectangular chart, more visible default candle colors, price alerts, and the inclusion of stop orders in addition to the market and limit orders they offer to better manage trades.
A useful trading feature included within the Alterdice exchange if you are a beginner trader is their demo mode. It looks and functions just like the real exchange, so you can practice just like you play.
Alterdice Trading Fees
When it comes to trading fees, what Alterdice charges is definitely on the low end. With maker fees of 0.2% and taker fees of 0.1%, they are a much more affordable option for traders than many other crypto exchanges, including Coinbase (0.5%) and many of the DeFi exchanges that don’t have a fixed fee.
Withdrawal fees on Alterdice are fairly average, with the BTC withdrawal fee at about $20. Other minimal withdrawal fees can be much lower, but they generally fall within the 0.1% – 0.25% range.
Despite Alterdice dedicating a whole tab at the top of the page to news, it doesn’t appear to be all that developed.
The newsfeed page has a very barebones interface and is far from having the same appeal as the newsfeeds or blogs found on platforms like WhiteBit, BitGet, or many others.
Notwithstanding those concerns, many of the articles outlined in their newsfeed are relatively extensive and well organized, so it’s still worth scrolling through if you decide to make an Alterdice account.
Alterdice Coin Listing
If you are one of the few who has their own crypto asset you’d like to see listed on the Alterdice platform, you can head to the “Apply for Listing” section to fill out a request.
While this service will only appeal to a very niche group, it’s a great opportunity for any up-and-coming projects to gain some traction within the crypto community.
Another niche service Alterdice provides strongly related to the coin listings is their IEO launchpad, where they offer direct listings and launch campaigns for new startup tokens.
Through the IEO launchpad, new crypto startups can more easily fundraise with the Alterdice exchange managing things on the backend like the smart contracts and KYC/AML process.
The Alterdice IEOs require a lower marketing budget than ICOs (initial coin offerings), and issuers of tokens can take advantage of the stable client base of the exchange to obtain a greater contribution to their projects.
The last service Alterdice offers that’s worth discussing is their API.
This may be a bit advanced for most traders, but if you feel comfortable integrating it, the API is designed to facilitate access to all features of the Alterdice platform, allowing full integration with traders’ own products and platforms.
Like most platforms, Alterdice has a help center to assist users with various questions, as well as an option for a support ticket to reach out to the Alterdice team directly.
At first glance, the help center looks decent, but it doesn’t include any additional pages aside from the main page and is essentially just an FAQ page.
Each category in the help center has a list of FAQs attached to it with dropdown answers to those questions. None of those answers, however, are detailed or include any pictures, making the ‘help center’ very disappointing.
Conclusion: Alterdice Review
After testing out Alterdice’s services for this review, we would say it’s not the best crypto trading platform out there or worth too much consideration, given the bountiful top-tier crypto exchanges available.
While the trading interface is decent, the Alterdice exchange lacks a number of important crypto assets and order types that most experienced traders would want to see included.
Moreover, Alterdice is lacking any additional crypto services, whether it be margin/leverage trading, crypto loans, staking, interest-earning opportunities, et cetera, meaning if you don’t like their trading, there really isn’t much else to like.
Alterdice may have great services and opportunities for those looking to list a new coin/token or launch an IEO, but that is simply not something most people are interested in, so it doesn’t add too much value to the platform.
In summary, we believe the low fees and decent trading interface make Alterdice potentially worthwhile if it suits your style of trading, but there are far too many better options out there with significantly more services built into the platform that make it difficult to see Alterdice as a top competitor.