KickEX Crypto Exchange Review: Fees, Features, and Red Flags in 2025

KickEX Crypto Exchange Review: Fees, Features, and Red Flags in 2025

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Is KickEX a legitimate crypto exchange or just another flashy platform with too many promises and not enough proof? If you're looking at KickEX in late 2025, you're not alone. But the more you dig, the more confusing it gets. One site says it has the lowest fees on the market. Another says its fees are above average. One claims you can buy crypto with a credit card. Another says you can’t deposit fiat at all. And then there’s the big one: KickEX says it lets U.S. users trade, but the SEC doesn’t allow most foreign exchanges to do that. So what’s real? Let’s cut through the noise.

What Is KickEX, Really?

KickEX launched in May 2020 and is registered in Estonia. It doesn’t just offer trading - it’s built as a full ecosystem. You’ve got KickWallet for storing crypto, KickID for one-click login across services, KickRef for earning rewards by referring others, KickPay for payments, KickICO for token launches, and KickAcademy for learning. Sounds impressive? Maybe. But here’s the catch: most of these services are only useful if you’re already deep inside the KickEX world. For new users, it’s overwhelming.

The platform supports 55 trading pairs, mostly against USDT, BTC, and ETH. It also lists three trading pairs for its own tokens: KICK and KEX. You can trade on the web, or use apps for iOS, Android, Windows, Mac, Linux, and Chromebook. The interface gets praised for being clean and modern - SourceForge users call it "sleek" with a "good UI." But they also mention occasional lags and minor glitches. Not deal-breakers, but not polished either.

Fees: Lowest on the Market? Or Higher Than Average?

This is where KickEX falls apart. CoinMarketCap claims it has "the lowest trading fees on the market." But Traders Union, a respected industry review platform, gave KickEX a 4.9 out of 10 for fees - meaning they consider them high. SourceForge adds another twist: they say trading fees can be negative, meaning you might get paid to trade. That sounds like a dream. But no other source confirms it. And if it were true, why wouldn’t every other exchange copy it?

Here’s what we know for sure: trading fees are not transparent. There’s no clear fee schedule on KickEX’s website. You don’t know what you’re paying until after you trade. Compare that to Binance or Kraken, where fees are listed upfront based on your 30-day trading volume. KickEX doesn’t do that. That lack of clarity is a red flag in crypto, where trust is everything.

Fiat On-Ramps: Can You Deposit Real Money?

This is the biggest contradiction. CoinMarketCap says you can buy crypto with Visa or Mastercard. Cryptowisser says the only way to deposit is with cryptocurrency - no fiat at all. Traders Union says you can deposit fiat through Mercuryo, but only after completing KYC, and only if you deposit at least $30. So which is it?

The truth? You can’t deposit directly. You have to go through Mercuryo, a third-party payment processor. That means extra steps, extra fees, and extra limits. And even then, you can’t withdraw fiat back to your bank account or card. That’s a huge problem. If you make a profit in crypto, you can’t easily turn it into cash. You’re stuck holding crypto, hoping it goes up. That’s not a feature - it’s a trap.

Withdrawals: Locked In, Not Locked Up

KickEX doesn’t let you withdraw to bank accounts or cards. Ever. Not even for KICK or KEX tokens. You can only send crypto to other wallets. That’s unusual. Even small exchanges like KuCoin or Gate.io let you cash out. KickEX doesn’t. Why? Because they don’t have the banking partnerships. Or maybe they don’t want you to leave. Either way, it limits your freedom. If you’re serious about trading, you need to be able to move money in and out. KickEX makes that hard.

User unable to withdraw fiat, blocked by a wall while scam recovery ads float nearby.

US Users: Is It Legal?

Cryptowisser says U.S. investors are allowed to trade on KickEX. That’s surprising. The SEC has cracked down on dozens of foreign exchanges for serving American users without registration. Binance was fined $4 billion. Kraken settled for $30 million. So how is KickEX still open to U.S. traders? The answer? They might not be. Or they’re ignoring the law. Either way, if you’re in the U.S., you’re taking a risk. You’re trading on a platform that could be shut down tomorrow. And if something goes wrong - your funds frozen, your account banned - you have zero legal recourse.

Security and Support: Does It Hold Up?

KickEX says it offers 24/7 live support in seven languages via Telegram. That sounds great. But here’s the problem: Reviews.io shows a 2.5 out of 5 rating based on only two verified reviews. One user wrote: "Recoveringcoin [email protected] or WhatsApp +447556711557 was worth every penny." That’s not a review - that’s a scam recovery ad. Someone who lost money on KickEX (or thought they did) is now trying to sell you a fake recovery service. That’s a huge red flag. It suggests real users have been scammed - or at least, they believe they were.

Another review warns: "Stop online stuff you might end up losing your savings." And recommends "PAMELA EXPERTS" - another recovery service. This isn’t coincidence. When you see the same scammy phrases repeated across reviews, it means something’s wrong. Either the platform has serious problems, or it’s being targeted by fraudsters. Either way, it’s not a good sign.

Is KickEX a Scam?

Cryptolegal.uk included KickEX in their 2025 list of "fake crypto exchanges" and "fraudulent investment companies." That’s not a small claim. They don’t list every platform. Only the ones with clear patterns of deception. KickEX isn’t listed on the Better Business Bureau. It’s not regulated by any major financial authority. Its trading volume is "untracked" on CoinMarketCap - meaning they won’t verify it. That’s a huge deal. Volume manipulation is one of the biggest problems in crypto. If they can’t prove they have real trading, why should you trust them?

And yet, BTCC’s Info Hub says: "This is not an indication that KickEX is a scam." But they’re not saying it’s safe either. They’re just saying there’s no official proof. That’s not a vote of confidence. It’s a shrug.

U.S. user on unstable platform labeled KickEX, while trusted exchanges stand safely below with clear benefits.

Who Is KickEX For?

Honestly? Not many people. If you’re new to crypto, KickEX is too confusing. Too many services, unclear fees, no fiat withdrawals. If you’re experienced, you’re probably already on Binance, Kraken, or Bybit - platforms with real volume, clear rules, and proven security. KickEX offers nothing they don’t already have - and a lot they don’t want: uncertainty.

The only people who might benefit are those who already hold KICK or KEX tokens and want to trade them. But even then, the low liquidity on those pairs makes it risky. And if you’re hoping to earn from staking KICK or getting cashback with KEX - you’re betting on a token that no one else seems to trust.

Final Verdict: Avoid Unless You’re a Speculator

KickEX is not a scam in the classic sense - no one’s been arrested, no court case yet. But it’s not a trustworthy exchange either. The contradictions in its features, the lack of transparency, the unverified volume, the blocked withdrawals, the scammy reviews - it all adds up to one thing: too many warning signs.

If you’re looking for a reliable place to trade crypto, KickEX is not it. If you’re willing to gamble on a platform that might vanish tomorrow, then go ahead. But don’t expect help if things go wrong. Don’t expect your money back. And don’t expect anyone to answer your questions when the platform goes silent.

There are better options out there. Ones with real volume, clear fees, fiat deposits and withdrawals, and regulatory compliance. Why risk your savings on a platform that doesn’t even want you to know what you’re paying?

Can I deposit fiat currency on KickEX?

You cannot deposit fiat directly on KickEX. You must use Mercuryo, a third-party payment partner, after completing KYC. The minimum deposit is $30, and daily, weekly, and monthly limits apply. You cannot withdraw fiat back to your bank account or card - only crypto.

Are U.S. users allowed on KickEX?

Cryptowisser says yes, but this is legally risky. The U.S. SEC requires foreign exchanges to register if they serve American customers. KickEX is not registered with the SEC. Trading on KickEX as a U.S. resident could expose you to regulatory action, and you have no legal protection if something goes wrong.

Is KickEX safe?

There’s no evidence KickEX has been hacked, but safety isn’t just about security - it’s about trust. The platform has no major regulatory licenses, its trading volume is unverified, and user reviews on Reviews.io are alarmingly low (2.5/5). Multiple reviews mention scam recovery services, which often follow platforms where users lost funds. Proceed with extreme caution.

What are the trading fees on KickEX?

KickEX doesn’t publish its fee structure. CoinMarketCap claims it has the lowest fees, but Traders Union says they’re above average. SourceForge mentions "negative fees" - meaning you might earn money on trades - but this is unverified. Without transparent pricing, you can’t compare costs or plan your trades effectively.

Can I withdraw my crypto to an external wallet?

Yes. You can withdraw any cryptocurrency supported by KickEX to an external wallet. But you cannot withdraw fiat currency to a bank account or debit card. Once your crypto is on KickEX, you’re locked into their ecosystem unless you send it out - and even then, you can’t convert it back to cash on the platform.

Does KickEX have a mobile app?

Yes. KickEX offers native apps for iOS, Android, Windows, Mac, Linux, and Chromebook. Users report the interface is clean and easy to use, though some mention occasional lags and minor UI issues. The mobile experience is one of its stronger points.

Is KickEX listed on CoinMarketCap?

Yes, but with a warning. KickEX is listed as an "Untracked Listing," meaning CoinMarketCap does not verify its trading volume. This is a major red flag. Many scam exchanges inflate volume numbers to appear popular. If a platform’s volume can’t be verified, its credibility is questionable.

What are KICK and KEX tokens?

KICK is KickEX’s native token used for trading and staking to earn passive income. KEX is a separate token designed for cashback on trading fees and unlocking frozen KICK coins. Both tokens are only useful within the KickEX ecosystem. They have no real-world utility outside it, and their value depends entirely on whether people keep using the platform.

What Should You Do Next?

If you’re already on KickEX, don’t panic. But don’t deposit more. Withdraw your crypto to a personal wallet if you can. If you’re thinking about joining, walk away. There are dozens of exchanges with real volume, transparent fees, and clear regulatory status. You don’t need to gamble on a platform that hides its numbers and blocks your cash-outs.

Stick with platforms that have been around for years - Binance, Kraken, Coinbase, KuCoin. They’re not perfect, but they’re accountable. KickEX? It’s a mystery wrapped in marketing. And in crypto, mystery doesn’t pay - it costs you.

17 Comments

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    Brian Collett

    October 31, 2025 AT 17:59

    I’ve been eyeing KickEX for weeks but kept hesitating. The fee ambiguity is wild - how can you trade if you don’t know what you’re paying? I checked their site three times and found zero fee schedule. Zero. Meanwhile, Binance shows exact tiers based on volume. That’s professionalism. KickEX feels like a magic trick where the rabbit disappears before you even see the hat.

    And the fiat thing? You can deposit via Mercuryo but can’t withdraw back? That’s not a feature - it’s a prison. You’re not trading, you’re hoarding. And if the platform vanishes tomorrow, your crypto’s stuck in a digital vault with no key.

    Also, why does CoinMarketCap even list them as ‘untracked’? That’s not a neutral tag - it’s a warning siren. If they can’t verify volume, why are they on the site at all?

    I’m out. Not worth the sleepless nights.

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    Allison Andrews

    November 1, 2025 AT 22:03

    The real issue isn’t whether KickEX is a scam. It’s whether we’ve normalized operating in the gray zone of crypto regulation. We accept opacity as a feature, not a bug. We celebrate ‘decentralization’ while ignoring accountability. KickEX doesn’t lie - it just doesn’t tell you anything useful. And we keep clicking ‘Trade’ anyway.

    It’s not about trust. It’s about complicity.

    We’re not users. We’re participants in a system designed to extract value from our optimism.

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    Wayne Overton

    November 3, 2025 AT 16:40

    Scam. Done. No more talk.

    Withdrawals blocked. Fees hidden. US users ignored. Reviews full of recovery scams.

    Move on.

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    Alisa Rosner

    November 4, 2025 AT 17:37

    Okay, let’s break this down real simple 💬

    1. Can you deposit fiat? 👉 Sorta - through Mercuryo, after KYC, min $30.
    2. Can you withdraw fiat? 👉 NOPE. Only crypto out.
    3. Are fees clear? 👉 Nope. No schedule anywhere.
    4. Is it legal for US? 👉 Technically no - SEC doesn’t allow it.
    5. Is it safe? 👉 Not really. Low reviews + scam recovery ads = huge red flag 🚩

    If you’re new to crypto - PLEASE don’t start here. Use Coinbase or Kraken. They’re boring, yes - but they don’t vanish overnight. Your money matters. Don’t gamble it on a platform that hides its numbers.

    Save yourself the stress. 🙏

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    MICHELLE SANTOYO

    November 6, 2025 AT 02:41

    Oh please. Everyone’s panicking because a platform doesn’t kiss their butt with transparency. Who even cares if fees are hidden? The market decides. If people trade, it works. If they don’t, it dies. Simple.

    And the SEC? Please. They’re just protecting big banks. KickEX is the real innovation - decentralized, unregulated, free from Wall Street’s grip. The fact that you’re scared of that means you’re already brainwashed by the system.

    They don’t let you withdraw fiat? Good. That means you’re forced to hold. That’s the whole point of crypto - not to cash out like a banker.

    Y’all are so afraid of risk you’ll die rich but broke.

    Wake up. The future doesn’t come with a user manual.

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    Lena Novikova

    November 7, 2025 AT 23:14

    Everyone’s acting like KickEX is the first sketchy exchange. Newsflash - most of them are. You think Binance is clean? They got fined $4B. Kraken settled for $30M. So why are you acting like this is some unique horror story?

    Stop being dramatic. KickEX has a clean UI, mobile apps, and supports 55 pairs. That’s more than 80% of the trash exchanges out there.

    And yes, you can’t withdraw fiat - so what? Just swap your KICK to BTC and move it to a wallet. Done. You’re overthinking this.

    Also - negative fees? That’s a real thing on some DEXs. Why not here? Maybe they’re testing it. You don’t know everything.

    Stop crying. Trade smart. Not scared.

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    Olav Hans-Ols

    November 8, 2025 AT 20:14

    Man I read this whole thing and honestly? I feel like I just watched a detective movie where the detective’s got all the clues but no suspect.

    KickEX isn’t clearly a scam - but it’s also not clearly legit. It’s like a restaurant with great food but no menu, no prices, and the owner won’t let you leave with leftovers.

    I’m not saying don’t use it - I’m saying treat it like a backyard BBQ. Bring your own drinks, don’t trust the host, and leave before the lights go out.

    And if you’re in the US? Just don’t. There are so many better options. Why risk it? Life’s too short to stress over crypto exchanges.

    Peace out, stay safe, and maybe just hold BTC and chill 😊

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    Kevin Johnston

    November 9, 2025 AT 20:39

    Don’t overthink it 🚀

    If you’ve got KICK or KEX - trade it. If not - skip it.

    Simple as that.

    Life’s too short to stress over one exchange.

    Stay bullish, stay smart 💪

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    Paul Lyman

    November 10, 2025 AT 22:53

    Hey everyone - I’ve been using KickEX for 6 months now and wanted to share my real experience. I started with $200, traded KICK/BTC, and made a 40% profit. No issues with deposits via Mercuryo - took 12 mins, fees were clear after the trade (took me by surprise, but fair).

    Withdrawals? Yes, I sent BTC to my Ledger. No problem. The UI lagged once but refreshed fine.

    As for US users - I’m in Texas and still trading. No SEC notice yet. Maybe they’re not watching. Or maybe they’re waiting for a bigger target.

    But here’s the thing - if you’re not holding KICK or KEX, why are you even here? This isn’t a Binance replacement. It’s a niche tool for token holders. If you’re looking for fiat on/off ramps - go to Coinbase.

    Don’t hate the platform. Understand its purpose. And don’t let fear-mongers scare you off from a legit niche play.

    Just know your limits. And always DYOR.

    - Paul (used to be skeptical too)

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    Frech Patz

    November 12, 2025 AT 05:48

    It is noteworthy that the absence of a published fee schedule constitutes a material omission under the principles of financial disclosure as codified in SEC Regulation S-K, even if the entity in question is not registered. The fact that CoinMarketCap labels KickEX as 'untracked' is not merely a technical designation - it is an institutional acknowledgment of insufficient data integrity. Furthermore, the reliance on third-party fiat on-ramps without corresponding off-ramps suggests a structural asymmetry that may constitute a violation of the spirit, if not the letter, of anti-money laundering guidelines under FATF Recommendation 16. The presence of scam recovery advertisements in user reviews further indicates a systemic failure in user protection mechanisms. Therefore, while no criminal adjudication has occurred, the constellation of risk factors - opacity, asymmetry, and reputational contamination - renders this platform non-compliant with any reasonable standard of fiduciary responsibility in digital asset intermediation.

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    Rosanna Gulisano

    November 12, 2025 AT 06:40

    People are still using this? You’re all idiots.

    Don’t deposit. Don’t trade. Don’t even look.

    You deserve to lose your money if you do.

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    Sheetal Tolambe

    November 13, 2025 AT 22:44

    Hi everyone! I’m from India and I’ve been using KickEX for 4 months now. I started with small amounts - just $50 to test. I use Mercuryo to deposit and it works fine. Fees are a bit confusing at first but you get used to it.

    I hold KICK tokens and use them for staking - I get around 5% APY. Not huge, but better than my bank.

    Yes, I can’t withdraw fiat - but I don’t need to. I trade KICK for USDT and send it to my Trust Wallet. Easy.

    I agree the UI has small lags, but it’s better than some Indian exchanges I’ve tried. And the mobile app? Super smooth.

    Don’t panic. Just be smart. Don’t put in more than you can lose. And always withdraw to your own wallet.

    Stay safe, stay curious! 🌱

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    gurmukh bhambra

    November 14, 2025 AT 21:46

    They’re all in on this. The SEC, CoinMarketCap, Traders Union - they’re all part of the same cabal. They don’t want you to know about KickEX because it’s too powerful. Negative fees? That’s quantum trading - they don’t understand it. The fact they block fiat withdrawals? That’s to prevent central banks from freezing your assets. This is the future. They’re scared.

    And those ‘scam recovery’ ads? Those are fake - planted by the government to scare people away. I’ve seen the leaks. KickEX is running on blockchain AI. They’re not a company. They’re a movement.

    Buy KICK. Hold. And when the world wakes up, you’ll be rich.

    They can’t stop us.

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    Sunny Kashyap

    November 15, 2025 AT 12:46

    Why are you all wasting time on this? It’s just another crypto scam. India has better exchanges. Why waste your money? Just use WazirX or CoinDCX. They’re regulated. They’re safe.

    KickEX? No. Not worth it.

    End of story.

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    james mason

    November 16, 2025 AT 04:17

    Oh, how quaint. You’re all treating this like some sort of financial audit. Let me tell you something - KickEX isn’t for you. It’s for people who understand that the future of finance doesn’t need your approval. The fact that you need transparency, regulation, and fiat withdrawals means you’re still stuck in 2010. This is 2025. We’re not asking for permission anymore.

    And yes, the fees are hidden - because they’re dynamic. Like the market. Like life.

    You don’t understand the architecture. You just want to be safe. But safety is the luxury of the past.

    Enjoy your Coinbase while the rest of us build the new world.

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    Anna Mitchell

    November 16, 2025 AT 04:37

    Thank you for writing this. I was about to deposit $1,000. Now I’m not.

    Just wanted to say - you saved me from a mistake.

    Really appreciate the clarity.

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    Brian Collett

    November 17, 2025 AT 23:32

    Paul - thanks for sharing your experience. I’m glad you’re doing okay. But here’s the thing: you said you ‘got used to’ the hidden fees. That’s not a feature - that’s adaptation to a flaw.

    And the fact you had to go to your Ledger to withdraw? That’s what every exchange should let you do - but KickEX makes you do it because they won’t let you cash out. That’s not freedom - that’s a workaround.

    And if you’re holding KICK because you think it’s an investment - you’re betting on a token that no one else believes in. Even you admitted you’re not using it for anything else.

    I’m not mad. I’m just sad. You’re not an outlier - you’re the target.

    Stay safe, man. But don’t confuse survival with success.

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