CoinMarketCap has listed 815 crypto exchanges, which command spot, futures, and options trading. Each exchange is distinct and provides tailored features for its intended target.
Arkham Exchange is one of them, differentiating itself from the pack through its on-chain intelligence platform that lets users observe market activity before placing trades. Besides this, the crypto exchange has other features and benefits to streamline all your virtual assets trading needs.
This article provides an Arkham Exchange review, including features, the user interface (UI), benefits, limitations, and major alternatives.
What is Arkham Exchange?
Arkham Exchange is a crypto exchange that equips traders with real-time insights and in-depth market analysis.
Through advanced data science and machine learning, the exchange scrapes on-chain activity as it happens and empowers the trader with intelligence that can be integrated into their trading setup.
This is how a data-powered trade occurs on the exchange: Arkham intel lets the user spot a significant transaction (probably by a whale wallet). Now, instead of quickly switching tabs, the trader can act instantly from the same dashboard.
What goes on at the backend of Arkham is 100% sophisticated, thanks to the ULTRA AI system, which analyzes market behavior, transaction patterns, dApp activity, exchange flows, and whale movements. What we found impressive is how the entire process is simplified into a simple format and presented to traders on a friendly user interface. This makes it easy for them to succeed without second-guessing.
Key Features of Arkham Exchange
Arkham crypto exchange meets the demands of both beginner and advanced traders, with its spot trading and perpetual trading features.
Even though the exchange was launched recently in 2024, its numbers have grown and now command a sizable daily trading volume. The growing user base also brings in more liquidity, allowing for faster execution of trades.
We also should mention the Arkham Exchange rewards program, which distributes loyalty points based on month-to-date trading volumes and $ARKM token holdings. Individuals who trade more and achieve VIP status get the chance of unlocking exclusive premium features like event invites and dedicated support.
Spot Trading
Arkham platform offers a standard dashboard for spot trading featuring charting tools and different types of orders, including market, limit, and profit/stop loss orders. Each token is paired against the USDT stablecoin to streamline settlements and offer a seamless trading experience.
USDT Perpetual Trading
Arkham’s futures trading provides USDT perpetual contracts/swaps for anyone who wants to leverage their trading.
A perpetual contract lets you open a long or short position without owning the underlying asset. This position continues without expiry as long as you have sufficient margin to prevent liquidation.
Meanwhile, the trader can close the position and take profit if they believe it has achieved its full potential, or cancel it when it’s losing.
Arkham Points Program
The rewards program on Arkham Exchange allocates points to traders based on their trading activity and $ARKM token holdings. Each point counts during the Season’s aidrop, because that’s when you redeem them for real $ARKM tokens.
VIP Program
The culmination of the rewards program is the VIP Status, an exclusive membership that guarantees traders more premium features, higher referral commissions, and dedicated support.
You only become eligible for the VIP program if you’ve traded $250,000 in monthly volumes. The exchange also ships free merch to VIP members
Security and Privacy
The Arkham Intelligence exchange has implemented real-time auditing to protect users from security breaches proactively. CER.live and other 3rd party platforms offer additional audits and comprehensive insights into Arkham's security measures. The platform has also employed a strict stance on privacy that guarantees protection from access to personal data.
User Interface and Experience
Arkham is simple and intuitive to use. Any starter can feel at home with the snappy UI. In addition, the on-chain intel is brought right into your trading terminal to ensure no switching from tab to tab when placing informed trades.
Arkham Exchange's Competitive Edge
Crypto exchanges come in many shapes and distinct features. Some are centralized, and others are decentralized and require you to connect a non-custodial wallet to transact.
The best exchange should be easy to use and offer a seamless trading experience. Arkham does that, but so do many other platforms. What sets Arkham apart is the built-in intelligence that can help inform your trades.
While charts on other exchanges only hint at what happened, Arkham's intel provides insights on the market's real-time situation and what could come next.
Pros of Arkham Exchange
The pros of Arkham Exchange are listed below.
- Trading terminal and intel combined into a single interface: Everything you need to make the most out of your trading activity is right there with you, intelligence, data, real-time alerts, signals, and a spot/perpetual trading terminal with advanced charting tools.
- Rewards program: When you refer friends and continue increasing your trading volume, the exchange rewards you with Arkham points, which are redeemable for real crypto.
- Seamless trading experience: Arkham Exchange is designed to appeal to seasoned and beginner traders, thanks to its seamless user experience and a snappy UI.
- Top-notch market transparency: With Arkham intel exchange features, traders have an easy time understanding what’s going on in the market. These include real-time exchange flows, wallet transactions, and whale activities. As such, their trades become well-informed, which increases their chances of success.
- Provides proof-of-reserves and military-grade security: Arkham Exchange provides transparent proof of reserves and runs real-time internal and external audits to scan for any potential vulnerabilities and breaches.
Cons of Arkham Exchange
Cons of Arkham Exchange are listed below.
- Limited token listings and pairs: Arkham doesn’t have a substantial amount of tokens listed on its platform. The tokens are also paired with USDT, limiting the diversity of token pairs.
- Relatively new: Arkham is a relatively new exchange that has been around for less than 2 years. However, the parent company, Arkham Intelligence, has existed since 2020 when it was founded as a platform for analyzing blockchain activity.
An Exchange Overview: Why Choose Arkham Exchange?
The reason you'll find Arkham Exchange better than most exchange platforms is the ability to help you trade with context. First, you watch all wallet flows and transactions, then directly place a trade before the price responds to the market moves.
This is how it would play out: Arkham Intelligence alerts you that a whale has moved 10 million USDT into a leading exchange. Such a large transaction is an obvious signal that a big trade is on the way. Hence, you jump into a perp or spot position long before the market catches up.
Aside from tracking whale movements, traders can also track entity-based wallets that are more likely to have a large market impact. Such wallets include influencer-linked wallets (Trump's team wallet, for example), government wallets, and institutional players.
Custom alerts are also available on Arkham. You can relax by personalizing them to send notifications when certain conditions are met. Once you receive the alert, you can act on the trade without wasting time.
If you look closely, the gold is not just the data but the loop. First, you discover insights, verify, and finally act on them. That's the power of Akrham crypto exchange, delivered into the hands of digital assets traders.
How to Start Trading on Arkham Exchange
Trading on Arkham is seamless and straightforward. Follow the steps below to set up your exchange account and start trading spots or perpetual contracts.
- Register. Visit arkm.com and tap on the ‘sign up’ button to register for an account. You’ll need an email.
- Complete KYC. Submit Know Your Customer (KYC) verification using your ID. The process is easy and quick; you'll provide your identity card/driving license, a selfie, and proof of address.
- Top up your account. You can deposit funds to your Arkham account through the fiat-to-crypto onramp feature on the exchange or by directly transferring them from an external wallet.
- Fire up your trades. Now you can start placing data-powered trades, customize alerts, and take advantage of real-time intelligence.
Arkham Exchange Fee
Trading fees add up quickly when you trade proactively, so you must factor them in when evaluating any exchange.
Arkham provides a transparent and competitive fee structure with no hidden costs. Here’s a quick overview:
- Maker fees: The exchange does not charge maker fees for both spot and perpetual trading, a move that's significantly attracted liquidity providers.
- Taker fees: An exchange charges a taker fee when executing an order immediately against an existing one. Arkham provides tiered discounts for taker fees based on trading volume over the last 30 days and one's $ARKM holdings.
Arkham Traders who pay fees using $ARKM tokens in their spot wallets get an extra 25% discount on transaction costs.
If you want to reduce your trading costs significantly, you could take advantage of actively trading to increase your month-to-date volumes while continuing to purchase more ARKM tokens.
What to Look for When Choosing a Crypto Exchange
Features to look for when picking a suitable crypto exchange:
- Security and proof-of-reserves transparency: A suitable crypto exchange provides transparent proof of reserves, while guaranteeing enough protection for user funds and personal data. Furthermore, it's vital to ensure that an exchange has put in place mechanisms for refunding funds in case a breach happens
- Fees: Learn about the fee structure for various exchanges and compare them to find which suits you best. A suitable exchange is where you incur minimum trading costs, thanks to lower transaction fees.
- Liquidity: Find an exchange that has enough liquidity so that you can execute trades seamlessly. You can check whether an exchange has liquidity by evaluating its trading volumes and user activity.
- Support: Sometimes, you may encounter issues and require a prompt response from the support team. In such a time, it helps to be on an exchange that has a reliable 24/7 customer help desk.
Exploring Arkham Exchange’s Alternatives and Competitors
Uphold
Uphold is a digital assets platform for trading crypto, fiat, and precious metal trading like Gold.
Quick swaps, interest accounts, and lock vaults are some of Uphold’s features, and if you’re in the United Kingdom, you could also qualify for a physical crypto debit card.
On Uphold, you can also trade carbon credit assets like UPCO2, the first international tradeable carbon credit token.
LBank
LBank is a centralized crypto platform that offers spots, futures, and copy trading. In addition, users can stake their crypto and earn rewards.
Completing KYC is not necessary to start trading on LBank, however, you’ll only have limited features until you submit your identity verification.
Orionix (ORX)
Orionix is a next-gen digital assets marketplace that lets you trade in-game virtual assets, crypto, and digital services.
The platform's transactions are commission-free and powered by Orionix's utility token, $ORX. Orionix's focus on P2E gaming makes it unique and different from most of Arkham's alternatives.
KuCoin
KuCoin is a centralized digital assets exchange that started operations in 2017. The exchange offers an extensive list of 900+ tradeable cryptocurrencies and pairs.
KuCoin has implemented a military-grade security and risk control system to ensure secure login and protect users from all breaches. Its strong point is that over 39 million users are active on the exchange, providing more liquidity and seamless trading.
As you must have noticed, none of Arkham's competitors have an advanced data-driven intelligence platform providing traders with real-time and actionable insights.
Conclusion
We've reached the end of the Arkham review, trusting you've learnt everything that should be known about the Arkham digital assets trading platform. This versatile exchange empowers traders with data and intelligence before they place trades.
Arkham offers a modern exchange experience with various features designed to make trading more straightforward, seamless, and profitable. While we've noticed that it has a limited number of pairs, Arkham remains one of the destinations for informed crypto trading.
FAQs
Is Arkham Exchange safe to use?
Arkham Exchange is safe to use because it employs a reasonable amount of effort in protecting user funds and personal data using a combination of risk control, internal security assessments, and external audits.
What is Arkham Intelligence?
Arkham Intelligence uses machine learning, AI, and data analysis to score the blockchain and come up with real-time market insights. The platform monitors transactions, wallet activity, whales, and various other market activities that are important for traders.
What's the difference between Arkham Intelligence and Exchange?
The difference between Arkham Intelligence and Arkham Exchange is that Arkham Intelligence empowers Arkham Exchange users with real-time insights that help them place informed trades.
On the other hand, Arkham Exchange is a crypto trading platform that offers spot and perpetual trading.
How can I participate in the Arkham airdrop?
You can participate in the Arkham airdrop (Season 2) by opening your account on the exchange, completing KYC, and setting up multifactor authentication. Once you’re done with those steps, top up your account with crypto or fiat and begin trading. You’ll be eligible for the aidrop depending on your 30-day trading volume. The other way to qualify for the airdrop is to purchase and hodl $ARKM tokens.
Dayo Paul
Disclaimer: All materials on this site are for informational purposes only. None of the material should be interpreted as investment advice. Please note that despite the nature of much of the material created and hosted on this website, HODL FM is not a financial reference resource and the opinions of authors and other contributors are their own and should not be taken as financial advice. If you require advice of this sort, HODL FM strongly recommends contacting a qualified industry professional.
