Aryana Cryptocurrency Exchange Review: It Is Safe Or Legit Exchange?

About Aryana Cryptocurrency Exchange

Launched on 28th July 2020 , Aryana Cryptocurrency Exchange is a centralized exchange that is designed for Middle Eastern countries. The exchange supports multiple cryptocurrencies like BTC, ETH, ERC20 based tokens, along with fiat currencies like Toman. Currently, the exchange only supports Spot trading,

Operating Company 

Exchange Name	Aryana Cryptocurrency Exchange
Support	24/7
Deposit Fee	1 EUR
Withdraw Fee	0.0004
Taker Fee	0.10%
Maker Fee	0.10%
Official Site	Homepage

How To  Start With Aryana Cryptocurrency Exchange

To Start Trading With Aryana Cryptocurrency Exchange Indian Residents First Have To Sign Up For An Account By Following The Steps Below.

Step 1. Click On The “Login/Signup” Link On The Top Right Hand Corner Of The Aryana Exchange Website.

Step 2. In The Form, Fill In Your First Name, Last Name, Mobile Number, Email ID And Password.

Step 3. If You Have A Referral Code, Enter The Code While Creating Your Account.

Step 4. Submit The Form And Wait For An Activation Email To Be Sent To You.

Step 5. Click On The “Confirm Email” Link In The Activation Email.

Step 6. After Your Account Is Activated, You’ll Be Sent A 6 Digit One Time Password (OTP), Which You Have To Enter After Logging Into Your Aryana Cryptocurrency Exchange .

Aryana Exchange Trading fees

Every time you place an order, the exchange charges you a trading fee. The trading fee is normally a percentage of the value of the trade order. Many exchanges divide between takers and makers. Takers are the one who “take” an existing order from the order book. Makers are the ones who add orders to the order book, thereby making liquidity at the platform.

Aryana Exchange charges what they call flat fees, meaning that both the takers and the makers pay the same fee when it comes to spot trading: 0.10%. These spot trading taker fees are below industry averages for centralized exchanges, so a competitive offering by Aryana in this regards. Sure, industry averages have historically been around 0.20-0.25% but they now see new industry averages emerging around 0.10%-0.15%.

Coin/Token	Full Name	Network	Minimum Deposit	Minimum Withdrawal	Deposit Fee	Withdrawal Fee
AYA	Aryacoin		10	10	Free	Free
ATOM	Cosmos		0.1	0.01	Free	0.005
BAND	Band	ERC20	0.5	5	Free	0.7
BCH	Bitcoin Cash		0.001	0.002	Free	0.001
BTC	Bitcoin		0.0005	0.001	Free	0.0004
CHZ	Chiliz	ERC20	600	600	Free	390
DASH	Dash		0.002	0.004	Free	0.002
DOGE	Dogecoin		10	100	Free	15
ETH	Ethereum		0.001	0.02	Free	0.013
LEND	Aave	ERC20	10	5	Free	8

Aryana Exchange Withdrawal fees

Withdrawal fees are usually fixed and vary from crypto-to-crypto. If you withdraw BTC, you pay a small amount of BTC for the withdrawal. If you withdraw ETH, you pay ETH. The last time we did an empirical study of the BTC-withdrawal fees in the crypto exchange market, we found that the average BTC-withdrawal fee was 0.0006 BTC per BTC-withdrawal.

Aryana Exchange charges 0.0004 BTC per BTC-withdrawal, which is a bit below the global industry average (being 0.00059 BTC per BTC-withdrawal according to this report). 

Deposit Methods

In order to trade here, you must have cryptocurrency to begin with. The only asset class you can deposit to Aryana Exchange is cryptocurrency. However, if you really like Aryana Exchange but you don’t have any crypto yet, you can easily start an account with an exchange that has “fiat on-ramps” (an exchange where you can deposit regular cash), buy crypto there, and then transfer it from such exchange to this exchange. 

Trade on the go

Aryana Cryptocurrency Exchange platform is optimized for trading on any device. And you don’t need to download any additional applications. All the power of Aryana cryptocurrency exchange, in the palm of your hand.

Aryana platform features

Exchange

Aryana offers the most liquid order book in the world, allowing users to easily exchange Bitcoin, Ethereum, Litecoin, Ripple and many other digital assets with minimal slippage.

Order Types

Aryana Cryptocurrency Exchange offers a suite of order types to give traders the tools they need for every scenario. Discover more about most advanced Algorithmic orders types.

Customizable Interface

Organize your workspace according to your needs: compose your layout, choose between themes, set up notifications and data preferences.

Security

Security of user information and funds is first priority. Contact to learn more about the security features and integrations.

Community

Join a global community that believes in the power of crypto.

Industry leading API

The Websocket feed lets you easily gain access to real-time market data, while our trading API lets you develop secure, programmatic trading bots.

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