Trade Policy

 ICX Digital is committed to providing a secure, transparent, and efficient trading experience for our users. Our trading policy outlines the rules and regulations for users who engage in P2P, Spot, and Binary trading on our platform. This policy is designed to ensure a fair and seamless trading environment for all traders and to help protect users’ assets and interests.

1. Account Verification: To trade on ICX Digital, all users must complete the necessary account verification process (KYC) to ensure compliance with local and international regulations. This includes identity verification, proof of address, and any other relevant documents to secure both the user and the platform from fraud and illegal activity.

2. Trading Methods: ICX Digital offers multiple trading methods, including:

• P2P Trading: Peer-to-peer trading allows users to buy and sell cryptocurrencies directly with one another. All P2P trades are subject to the terms set by the buyer and seller, with ICX Digital providing an escrow service for the protection of both parties.
• Spot Trading: Spot trading involves buying and selling cryptocurrencies for immediate delivery. Users can place market orders or limit orders to execute trades instantly or at specific prices.
• Binary Trading: Users can participate in binary options trading, which allows them to predict the price direction of a selected cryptocurrency within a specific time frame. Profits and losses are based on the accuracy of the predictions.
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3. Trading Fees: ICX Digital charges trading fees for both P2P and Spot trading activities. Fees are calculated based on the trade volume and are deducted at the time of the transaction. The exact fee structure is available on the platform and may change depending on market conditions. Binary trading may involve different fees based on the contract and underlying assets.

4. Market Orders and Limits:

• Market Orders: A market order is a trade executed immediately at the best available price. By using this order type, users accept the prevailing market price.
• Limit Orders: Limit orders allow users to specify the price at which they are willing to buy or sell an asset. The trade will only execute when the market reaches the desired price.
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5. Margin and Leverage: At ICX Digital, we offer margin trading, allowing users to borrow funds to increase their trading position. Users are required to follow margin requirements and maintain sufficient collateral to avoid liquidation. Leverage levels are determined by the platform and the specific market conditions.

6. Security Measures: We take the security of user funds and personal data seriously. All funds deposited on ICX Digital are stored in secure wallets, and two-factor authentication (2FA) is required for all account activities, including withdrawals. We also employ advanced encryption protocols to protect users' sensitive data.

7. Dispute Resolution: In case of disputes between buyers and sellers in P2P trading, the platform will facilitate a resolution process. ICX Digital holds the right to intervene and mediate in situations where transactions are disputed or suspected of fraudulent activity. Users are required to provide any relevant evidence to support their claims.

8. Risk Disclaimer: Trading in cryptocurrencies involves significant risk due to market volatility. ICX Digital strongly advises all users to trade responsibly and only invest what they are prepared to lose. Users should be aware of the risks involved in binary and spot trading before engaging in any transactions.

9. Suspension and Termination: ICX Digital reserves the right to suspend or terminate any account that violates the platform’s trading policy or engages in fraudulent activity. This includes manipulation of markets, fraudulent trades, or any activities deemed harmful to the integrity of the platform.