Kiloex DEX review — Everything you need to know

Kiloex DEX is a decentralized crypto exchange that offers crypto perpetual futures contracts with leverage beyond 100x. YZi Labs (formerly Binance Labs) announced investments in Kiloex in 2023, making the platform even more legitimate and available for investors. The mainnet was launched in 2023 and the hybrid vault and other features were added together with the Taiko mainnet launch in 2024. From 2025, the platform will offer crypto-marginated derivatives trading and is about to add AI trading assistance and many other features. Overall, the project’s roadmap looks promising and we might see many useful features added in the near future.

Kiloex DEX Overview of the website

Kiloex decentralized crypto futures exchange offers a user-friendly and simple website, which incorporates a trading platform. The trading platform is also accessible from the main website as with almost every service offered by the DEX.

The website’s clean and intuitive interface enables users to access trading functionality, platform information, and support resources. Support is also provided via third-party apps such as Telegram and Discord.

The homepage directly lists all key features of the DEX such as leverage options, tradable instruments list, and some details about the platform’s security features.

Kiloex DEX Accounts Reviewed

Kiloex, operating as a truly decentralized crypto platform, eliminates the need for traditional broker-like account types. As a result, traders do not have to go through the complicated process of account creation. Instead, they just need to connect their wallets and immediately access crypto futures markets. This is very advantageous as users are in full control of their crypto assets at all times and the platform can not do anything unless the trader confirms with their own private key.

There is no need for personal information (KYC) or lengthy verification procedures, which is also very flexible. This approach might seem very unusual and risky for FX traders but it is a pretty natural process for decentralized crypto platforms, which ultimately grants users greater control over their privacy and digital assets.

Kiloex DEX live account

As a DEC Kiloex only provides one live account type, where users can connect their wallets and access crypto perpetual futures with high leverage. The platform allows traders to access real-time trading of perpetual crypto contracts across various crypto types such as altcoins, BTC, and so on. The leverage is up to 125X, which amplifies the potential of both profits and losses many times over. There is also a feature for one-click trading, which is flexible.

Kiloex DEX trading instruments

The platform mentions on its website that traders can use other assets for investment such as Forex, indices, and commodities apart from crypto pairs, but when checking the trading platform we were unable to find any other asset types except crypto pairs. Trades are executed on-chain transparently and in a decentralized manner.

There is a Kiloex Vault where users can stake their cryptos to get stake rewards and here again only cryptos are offered, there is no possibility to invest in other classes of assets.

Deposit and withdrawal options at Kiloex DEX

Deposit and withdrawal at Kiloex, as with any other decentralized crypto exchange, is quick and cheap. Users can connect their wallets with the platform and then use their own cryptos to buy and sell crypto perpetual. Withdrawal is also the same as when traders close their positions the profits or losses are deposited to their wallets, eliminating the lengthy withdrawal process usually associated with traditional financial brokers. As a result, there are no withdrawal processing times and users only wait for blockchain network approval on their transactions, which is much faster than traditional withdrawals.

Kiloex DEX Assets — What can you trade?

While the website claims the availability of FX pairs, commodities, and indices, when opening the trading platform, there are only crypto perpetual offers. So, we ignore these claims and think that the platform only supports digital currencies. There are many cryptos offered including BTC, ETH, and tons of other altcoins. The platform mentions in its roadmap that it might add crypto-margined derivatives trading but there is no mention of Forex and other assets as of yet.

Trading platforms of Kiloex DEX

As a decentralized platform, Kiloex offers a built-in custom user-friendly trading platform. Traders must access the Kiloex website to use this platform. It is designed for efficiency providing all necessary features including gasless transactions and support for multiple blockchains including BNB chain, opBNB, Manta, Taiko, and Base. This support for multiple different chains enables traders to access a diverse range of crypto assets which is very flexible.

Education at Kiloex DEX

Kiloex is one of the few decentralized platforms that offers educational resources to beginner crypto traders. The platform offers the following resources: how to trade tutorials, how to earn, how to get airdrop points, how to join campaigns, new trader tutorials, and FAQs. Traders can also use Discord and provide feedback to developers to eliminate bugs or add more tutorials, which is flexible.

Using these tutorials traders can learn about the Kiloex trading platform and nuances of perpetual contract trading. There are articles and documentation for all features of the platform and trading.

Kiloex DEX Customer Support

Kiloex operates as a decentralized platform but still offers customer support through various channels like social media platforms (X). Users can also use the Discord channel as a support and access community chat.

Both the website and support are provided in several languages, which makes the platform an international platform.

Kiloex DEX bonuses and promotions

Kiloex offers airdrops and it especially provided bonuses when it was young during its launch. It still provides bonuses and promotions like the “Super Deposit Rewards Fest” to reward user engagement. There are other incentives like KILO tokens based on deposit amount and holding periods (staking) which are designed to encourage active participation and loyalty among users of the DEX.

Is Kiloex DEX your broker? Final verdict

Kiloex is a decentralized platform that presents an interesting option for traders seeking a decentralized platform with high leverage (up to 125x), low fees, quick deposits and withdrawals, and a diverse range of tradable cryptos. It is focused to provide flexible trading experience with its user-friendly platform and operates as a true DEX without intermediaries or central governance. The platform mostly offers crypto perpetual futures and traders can use built-in platforms for trading and tutorials on the website. There are community chats and pages available on X and Discord.

FAQs on Kiloex DEX

Where is Kiloex DEX based?

Kiloex is a DEX that operates on the web and has no central governance as a result its developers might be located anywhere in the world.

Can you withdraw from Kiloex DEX?

Yes, the withdrawals are all made via connected wallets giving trades superior control over their privacy and digital assets.