Evonax Exchange Review – Features, Fees, Pros & Cons

Founded in 2016, Evonax cryptocurrency exchange provide an easy and secure way to swap the most popular cryptocurrencies.

Evonax is non-custodial, meaning you do not have to sign-up or provide any KYC to trade as they do instant transfers to your wallet without having to create an account. They currently support 18 cryptocurrencies, including major coins such as Bitcoin, Ethereum, Bitcoin Cash, Litecoin, Dogecoin and Tether. Swap between any of the pairs in just a few clicks.

What is Evonax?

Evonax is a Danish founded cryptocurrency exchange with operations in Denmark and Georgia. It allows its users to exchange cryptocurrencies without having to sign-up or provide any KYC.

One of the main appeals to use Evonax is their mission, which is to offer its users anonymity, easy and secure transactions and make the exchange process effortless for everyone who wants to invest in cryptocurrencies. They believe anonymity is every person right and value your privacy. All of this comes with a 24/7 support service, so you will always be in safe hands.

How does Evonax Work?

Evonax works as a broker. This means that you buy and trade directly with Evonax and not trading with other users. In return for this, you are being charged when starting an exchange between two pairs, for example Bitcoin to Ethereum.

Evonax has a very simple three-step journey for its users. First, choose what coin you have and what coin you want together with the amount and provide your wallet address for the coin you want to receive. Second, transfer the coin you have to a unique generated wallet address and wait for the blockchain network to confirm the transaction. Three, receive your coins in your wallet address.

What Cryptocurrencies does Evonax Support?

What countries does Evonax accept?

All countries are accepted at Evonax. No nationalities are restricted.

Evonax fees

When it comes to fees on Evonax, it depends on what pairs you will be exchanging and the specific amount to be exchanged. You will pay fees every time you make a transaction on the platform.

Trading fees

Typical fees vary between 1-3%. This is not the cheapest on the market, but due to its anonymous features many find it attractive to use.

Evonax Platform Dashboard

One of the best features of Evonax is the simple interface and super easy to use platform. It can be used for both advanced traders and beginners, making it a great choice for all investors.

When you first enter the site, you’ll instantly be presented to the exchange feature.

From here, you can make your first exchange right away. At the top of the screen, you will have the option to read about Evonax, get an affiliate account, see how it works, track your exchange, read blog posts and get in contact with the support team.

The interface is vintuitive and easy to understand for beginner investors and traders.

On the platform you can also see the prices of the most popular assets trading on the platform on the day and see cryptocurrency pairings and their exchange rate.

Finally, Evonax gives you a short introduction to who they are and their mission, and notes that they have no fees (Blockchain fee), no registration, total anonymity and instant transfers. Evonax is a good choice if you value privacy and secure transfers.

How to Trade on Evonax?

Step 1

When you enter the frontpage, choose “from” currency you have and choose “to” the currency you want. Then enter the amount you would like to exchange for the currency you have and the platform will automatically give you the amount of the currency you want.

Type in your wallet address for the currency you are going to receive and hit the “Start Exchange”.

You can also type in your email (optional) to receive info on the exchange.

Step 2

Evonax will provide you with a unique wallet address that you should use to send the currency you chose from.

Transfer the currency you have to the unique wallet address and hit “Yes! I have now transferred the coins”.

Step 3

In this final step, you can follow your transaction to the end until you receive the currency you want. In this step you do not have to do anything besides waiting for the blockchain network to confirm your transfer.

In a short time, you will now receive the currency you chose to get. That’s it.

Evonax customer service

Evonax has a 24/7 support service that claims to get back to its customers no later than 12 hours after getting in contact.

Evonax is rated “Excellent” with a 4.6 out of 5 stars on Trustpilot and has built trust in the space for being reliable and legit in the services it provides its customers.

Conclusion

As a simple, reliable and secure cryptocurrency platform, Evonax is a straightforward choice if you are looking to quickly swap between the most popular cryptocurrencies on the market.

Many exchanges require customers to conduct a full and comprehensive KYC and this is where Evonax fills the gap. They value your privacy and believe this is every person’s right. Therefore, Evonax have our recommendation to use as a simple and reputable cryptocurrency exchange.