Crypto Exchange Feature Checker
This tool helps you verify if a cryptocurrency exchange meets essential standards for security, compliance, and functionality. Based on the article review of AUX Exchange, exchanges should have minimum features to be considered safe and reliable.
Results
The exchange you checked is missing all essential security and regulatory features. According to the article review, this exchange would be comparable to AUX Exchange, which is not recommended for trading.
Exchanges without these features are dangerous for storing and trading cryptocurrency. They often lack proper security measures, regulatory compliance, and customer protection.
Based on the article review, this exchange lacks essential features including regulatory compliance, security certifications, tax reporting tools, and customer support. This is consistent with the description of AUX Exchange, which supports only 3 cryptocurrencies with no transparency about which ones.
When you're looking for a new crypto exchange, you want one that’s reliable, secure, and actually lets you trade the coins you care about. AUX Exchange might pop up in a Google search or show up on Coingecko, but don’t be fooled by a listing. This platform doesn’t offer anything close to what serious traders or even beginners need.
What Is AUX Exchange, Really?
AUX Exchange claims to be a decentralized exchange (DEX), meaning it’s supposed to let you trade crypto without handing over your keys to a company. That sounds good in theory. But in practice, it’s barely functional. According to Coingecko’s listing as of October 2025, AUX Exchange supports only three cryptocurrencies and three trading pairs. That’s it. No more, no less. Compare that to even the smallest legitimate exchanges. Swyftx in Australia offers over 500 coins. Kraken supports 466. MEXC has more than 2,500. AUX Exchange’s entire trading menu could fit on a single spreadsheet. If you’re trying to trade Bitcoin, Ethereum, or even a popular altcoin like Solana or Cardano, you’re likely out of luck. There’s no indication which three coins it supports - the platform doesn’t publish that information anywhere.No Security, No Transparency
Security isn’t just a nice-to-have in crypto. It’s the bare minimum. Major exchanges prove they’re trustworthy with clear, public practices: cold storage, two-factor authentication, Proof-of-Reserves reports, and certifications like ISO27001. AUX Exchange has none of that. There’s zero public documentation about how funds are stored. No mention of multi-sig wallets. No audits. No security certifications. No API access. No mobile app. No 24/7 customer support. You can’t even find a help page or email address to contact them. If something goes wrong - your deposit doesn’t show up, your trade fails, or your account gets locked - you have no way to get help. And that’s not a bug. It’s a feature of platforms that don’t care about users. Even exchanges that aren’t based in the U.S. or Australia still publish basic security info. AUX Exchange doesn’t even try. That’s a red flag bigger than any price chart.No Regulatory Footprint
If you’re in Australia - or any country with strong financial oversight - you need to know if an exchange is registered. In Australia, platforms like Swyftx, Coinspot, and Kraken are registered with AUSTRAC. They comply with anti-money laundering rules. They report to the tax office. AUX Exchange? Not listed anywhere. It doesn’t appear in the ATO’s data-sharing program. It’s not registered with ASIC. It doesn’t show up on any government-approved exchange list. That means if you use AUX Exchange, you’re operating outside the law. You won’t be able to use tax software like Koinly or Sharesight to track your trades. The Australian Taxation Office won’t recognize your transactions. You could end up owing thousands in penalties because your trades aren’t traceable.
Zero User Base, Zero Reputation
Real exchanges have users. Thousands of them. Reddit threads. Telegram groups. YouTube reviews. Trustpilot ratings. AUX Exchange has none of that. Search for “AUX Exchange review” on Google, Reddit, or YouTube. You’ll find nothing. Not a single video analysis. Not a single forum post. Not a single comment from someone who’s used it. Raymond La’s April 2025 video on the top 5 crypto exchanges in Australia didn’t even mention AUX Exchange - and he covered 40+ platforms. That’s not an oversight. That’s a signal. No one’s talking about it because no one’s using it. And if no one’s using it, why would you? There’s no liquidity. No volume. No price stability. You might be able to trade one coin for another, but you won’t find buyers or sellers when you want to cash out.What’s Missing? Everything
Let’s list what you get from a decent exchange - and what AUX Exchange doesn’t offer:- Fiat on-ramps (AUD, USD, EUR deposits)
- Trading fees published anywhere
- Withdrawal limits
- Mobile app
- API for automated trading
- Tax reporting tools
- Demo mode for beginners
- Customer support channels
- Educational content
- 24/7 help desk
- Proof-of-reserves
Why Does AUX Exchange Even Exist?
There’s no official website with a team, roadmap, or whitepaper. No LinkedIn profiles for founders. No GitHub activity. No press releases. The Coingecko page says “established in -” - meaning no one knows when it started. That’s not mysterious. That’s suspicious. Most likely, AUX Exchange is either:- A ghost project abandoned by its creators
- A phishing site designed to steal private keys
- A pump-and-dump scheme with fake volume
What Should You Use Instead?
If you’re in Australia, here are four solid, trustworthy alternatives:- Swyftx: Easy to use, 500+ coins, tax tools, SMSF support, and a 700,000+ user base.
- Kraken: Industry-leading security, 466+ coins, advanced trading tools, and 24/7 support.
- Coinbase: Trusted brand, simple interface, AUD deposits, and margin trading.
- Independent Reserve: Fully regulated, AUD deposits, and transparent reserves.
Final Verdict: Avoid AUX Exchange
AUX Exchange isn’t just underdeveloped - it’s dangerously incomplete. There’s no evidence it’s safe, legal, or even active. It doesn’t serve any real purpose in the crypto market. It doesn’t offer liquidity, security, or support. And it’s not listed anywhere reputable. If you’re looking to trade crypto, don’t risk your funds on a platform that doesn’t even tell you what coins it supports. Use one of the established exchanges. They’re proven, regulated, and built for real users - not ghosts.Is AUX Exchange safe to use?
No, AUX Exchange is not safe. It has no security certifications, no public audits, no customer support, and no transparency about how funds are stored. There’s no way to recover your assets if something goes wrong. It’s not registered with any financial authority, and it doesn’t appear in any trusted reviews or user communities.
Does AUX Exchange support AUD deposits?
No, AUX Exchange does not support AUD or any fiat currency deposits. There is no information on how to fund your account with real money. This makes it unusable for most traders, especially in Australia where direct AUD deposits are standard on all legitimate exchanges.
What cryptocurrencies does AUX Exchange support?
The platform claims to support three cryptocurrencies, but it never discloses which ones. Without knowing the exact coins, you can’t determine if it’s useful for your trading goals. This lack of transparency is a major red flag.
Is AUX Exchange listed on any major exchange comparison sites?
No. AUX Exchange is absent from every major Australian exchange review, including Koinly, Finder.com, Cryptonews.au, NFTEvening, and Arielle.com.au. It doesn’t appear in YouTube comparisons, Reddit discussions, or Trustpilot ratings. Its absence from these trusted sources confirms it’s not considered a viable option by experts or users.
Can I use AUX Exchange for tax reporting?
No. AUX Exchange does not integrate with any tax software like Koinly or Sharesight. It doesn’t provide trade history exports or tax statements. Using it for crypto trading could lead to serious tax compliance issues, especially in countries like Australia where the ATO requires accurate reporting.
Why is AUX Exchange listed on Coingecko if it’s so unreliable?
Coingecko lists thousands of exchanges, including many low-traffic or inactive ones. A listing doesn’t mean approval - it just means the exchange submitted basic data. Coingecko doesn’t verify security, compliance, or user activity. AUX Exchange’s listing is essentially a placeholder, not a recommendation.
Are there any alternatives to AUX Exchange for decentralized trading?
Yes. Decentralized exchanges like Uniswap, PancakeSwap, and dYdX are well-established, open-source, and widely used. They have active communities, transparent smart contracts, and clear documentation. Unlike AUX Exchange, they’re regularly audited and updated by developers. If you want decentralization, choose one of these - not a mystery platform with no track record.