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xExchange reviews
Review Score
765 Reviews
Platform Age
2 Years

Average rating of 96% based on 765 reviews.

Founded 2 years ago in 2021.

Use anonymously. No KYC required.

Decentralised exchange.

Go to xExchange earnings calculator

Average rating of 96% based on 765 reviews.

Founded 2 years ago in 2021.

Use anonymously. No KYC required.

Decentralised exchange.

Go to xExchange earnings calculator

Reviewed by Yunis
19 March 2023 (Updated 31 March 2023)

xExchange Crypto Platform


tick $71,217,816 USD currently invested (TVL)
tick Investments in 7 coin pairs available
tick Operating on MultiverseX protocol


cross Investments in liquidity pools can be higher risk
cross Liquidity pool investments are only suitable for advanced crypto users

xExchange Exchange Reviews

MultiverseX is a high-speed blockchain network formerly known as Elrond, which is focused on NFTs and the metaverse. The project has received investment and support from notable figures in the cryptocurrency industry, including Binance Labs and the founder of Binance, Changpeng Zhao, as well as the founder of BitTorrent, Bram Cohen.

In 2021, the team behind the development of MultiverseX established xExchange, a cryptocurrency exchange with an Automated Market Maker (AMM) model that is formerly known as Maiar Exchange. The exchange is headquartered in Malta, which is known for its cryptocurrency-friendly regulatory environment. xExchange offers all basic DEX tools including swap but the number of supported tokens are limited to MultiverseX network only. EGLD and USDC are the only major cryptocurrency that users can swap on the protocol. Other tokens are not well-known tokens and they are native to MultiverseX network only. 

The platform offers Metastaking and Metabonding services to users, allowing them to utilize their NFTs and generate revenue by lending or staking them. The platform's utility token, MEX, is used to incentivize liquidity providers, and users with MEX tokens can participate in the platform's governance and cast votes on proposals.

xExchange has a simple and easy-to-navigate user interface, and users can connect to the platform with any web wallet. However, it is worth noting that the platform does not support popular web wallets such as MetaMask, Coinbase wallet, or WalletConnect, and only supports MultiverseX's DeFi and web wallets, as well as Ledger's wallet.

One potential concern for users is the recent exploit of the former Maiar exchange, which was subject to a hack resulting in the theft of $113 million. While the developers of the project were able to recover the funds and have taken measures to improve security, the incident raises questions about the platform's security and decentralization. As with any cryptocurrency exchange or platform, users should be cautious and do their own research before investing or trading.

It's also worth noting that while xExchange's being free of KYC and AML procedures may be convenient for some users, these procedures are in place to prevent illegal activities such as money laundering and terrorist financing. As such, users should always exercise caution and take necessary security measures such as using a strong password, enabling two-factor authentication, and keeping their private keys safe.

How Much Can You Earn on Maiar Exchange?

XExchange Supported Currencies

xExchange supports over 10 currencies including USD Coin, MultiversX, Utrust and Wrapped EGLD.

ALooking at reviews from across the web, xExchange has an average review score of 96% based on 765 reviews.

xExchange Key Data

Automatic market maker tick Yes
Legal name Elrond Ltd
Year founded 2,021
Decentralised tick Yes
Loans cross No
Fiat to crypto exchange cross No
Peer to peer exchange cross No
Margin trading cross No
Chain agnostic cross No
Know your customer cross No
Credit check cross No
24/7 support cross No
Phone support cross No
Chat support cross No
Investment Strategy
Liquidity pools tick Yes
DeFi products tick Yes
Unsecured loans cross No

Useful Links

xExchange Contact Details

Platform Comparisons

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