GroveX Crypto Exchange Review: Fees, Security, and Real Performance in 2025

GroveX Crypto Exchange Review: Fees, Security, and Real Performance in 2025

Mar, 25 2025

GroveX Fee Calculator

How the Calculator Works

This tool calculates trading fees based on GroveX's claimed 0.001% fee structure versus Binance (0.1%) and Coinbase (0.5%). Note: Actual fees may vary and hidden fees or spreads may apply.

Important: The article suggests GroveX's fee structure may not be as simple as advertised. Always verify fees with a small test trade.
GroveX (0.001%)
Binance (0.1%)
Coinbase (0.5%)
Disclaimer: Actual fees may differ. The article warns that GroveX may have hidden fees, spreads, or variable rates not reflected in this calculation.

When you’re looking for a crypto exchange that cuts through the noise, GroveX makes bold claims: 0.001% trading fees, no KYC for crypto trades under $10,000, and support for ten different blockchains. Sounds too good to be true? Let’s break it down - not with marketing fluff, but with what actually matters to traders in 2025.

How Low Are the Fees Really?

GroveX says it charges 0.001% per trade. That’s ten times lower than Binance’s standard 0.1% and 100 times cheaper than older exchanges that still charge 1%. For a $10,000 trade, you’d pay just $0.10 in fees. That’s not a gimmick - it’s a game-changer for high-frequency traders and arbitrage bots running dozens of trades a day.

But here’s the catch: CoinMarketCap lists the fee as 0.001%, while FxVerify claims it’s 0.00% for maker orders. Which one’s right? The truth is, fee structures can change daily, and some exchanges hide fees in spreads or liquidity rebates. GroveX doesn’t publish a transparent fee schedule on its website. If you’re planning to trade large volumes, you need to test it yourself - deposit a small amount, make a few trades, and check your settlement amounts. Don’t trust the headline. Verify.

No KYC? What That Actually Means

GroveX lets you deposit and withdraw crypto without ID verification up to $10,000 USD. That’s a big deal if you value privacy. No uploading your driver’s license. No waiting days for approval. You can start trading in under a minute.

But here’s what they don’t tell you upfront: this only applies to crypto-to-crypto trades. If you want to buy Bitcoin with a credit card or cash out to your bank account, you’re locked into full KYC. That’s standard for most exchanges - but GroveX doesn’t make that clear until you hit the withdrawal screen.

Also, no KYC doesn’t mean no risk. Without identity verification, you have zero recourse if your account gets hacked or funds are stolen. There’s no customer support team that can reverse a transaction or recover your assets. You’re on your own. That’s fine for experienced users who treat crypto like cash - but dangerous for beginners who think “no KYC” means “safe.”

Is GroveX Secure?

GroveX says it uses “state-of-the-art security.” That’s vague. No details on cold storage percentages, multi-sig wallets, or insurance coverage. No mention of audits from firms like CertiK or Hacken. That’s a red flag.

Compare that to Kraken or Coinbase, which publicly list their cold wallet addresses and undergo quarterly third-party audits. GroveX doesn’t. And here’s something even more concerning: the exchange isn’t regulated by any government body. It’s registered in Australia as a business, but that’s not the same as being licensed by ASIC or any financial authority.

In 2025, unregulated exchanges are high-risk. If GroveX shuts down tomorrow - whether from a hack, legal pressure, or just poor management - you won’t get your money back. There’s no deposit insurance. No legal framework to fall back on. You’re trusting a company with no accountability.

A shadowy crypto exchange building with missing safety symbols, one user depositing crypto under a ,000 limit.

Trading Volume: Real or Inflated?

GroveX claims a 24-hour trading volume of over $2.4 billion. That would put it in the top 20 exchanges globally. But CoinGecko doesn’t list it in the top 100. Why?

Volume can be manipulated. Wash trading - where bots buy and sell the same asset to fake activity - is common on smaller exchanges. GroveX’s reported volume is more than ten times higher than its nearest competitors with similar Trust Scores. CoinGecko’s Trust Score algorithm weighs liquidity, order book depth, and verified trading activity. GroveX scores 6/10 - the same as exchanges with $40 million in volume. That mismatch doesn’t add up.

If you’re trading on GroveX, you’re relying on liquidity that may not exist. Thin order books mean slippage. Your buy order might fill at 5% higher than expected. Your sell order might get crushed. That’s not speculation - it’s a documented issue on low-liquidity exchanges. Check the depth chart before placing any trade.

Website Traffic and User Trust

FxVerify reports GroveX gets between 215,000 and 419,000 monthly visits. That’s a huge range - and it’s a sign of unreliable data. One source says a 10% bounce rate; another says 45%. That’s not normal. Legitimate platforms have consistent metrics.

There are almost no user reviews on Trustpilot, Reddit, or CryptoCompare. No detailed YouTube walkthroughs. No long-form blog posts from experienced traders. That’s unusual for an exchange with claimed volumes over $2 billion. If thousands of people were using it daily, there’d be noise. There isn’t.

The lack of user feedback doesn’t mean it’s a scam. But it does mean you’re among the first wave of users. You’re testing it. And if something breaks, you’re the one who’ll find out first.

What’s Missing?

GroveX touts multi-chain support across ten blockchains. That’s impressive on paper. But what about the user interface? Is it clean? Fast? Does it work on mobile?

There’s no mention of a mobile app. No API documentation for algorithmic traders. No educational resources for new users. No 24/7 live chat. Support seems to be email-only, based on scattered forum posts.

Advanced traders need order types like stop-limit, trailing stops, and OCO. Does GroveX offer them? Unknown. Beginners need tutorials. Does it have them? No sign of it.

The platform feels like a bare-bones trading terminal with no polish. If you’re a pro who just wants to execute trades fast, maybe that’s fine. If you’re looking for a complete experience - education, support, tools - you’ll be disappointed.

Split scene: trader celebrating a trade vs. same trader facing empty wallet, with cracked GroveX globe in background.

Who Should Use GroveX?

GroveX isn’t for everyone. It’s not a replacement for Coinbase or Kraken. It’s a niche tool for a specific kind of trader:

  • You trade crypto-to-crypto and want to avoid KYC for small amounts ($10,000 or less)
  • You’re comfortable with zero customer support and no legal protection
  • You’re a high-volume trader who saves money on fees and can tolerate liquidity risk
  • You’re willing to test unproven platforms and accept the consequences

Who Should Avoid GroveX?

  • Beginners who don’t understand wallet security or private keys
  • Anyone storing large amounts of crypto long-term
  • People who need fiat on/off ramps without ID verification
  • Traders who rely on customer support, insurance, or regulatory protection

If you’re looking for safety, stick with regulated exchanges. If you want speed, privacy, and low fees - and you’re okay with the risks - GroveX might be worth a small test deposit. But don’t put your life savings there. Not yet.

Is GroveX regulated?

No, GroveX is not regulated by any financial authority. It’s registered as a business in Australia, but that doesn’t mean it’s licensed to operate as a crypto exchange under financial laws. There’s no oversight, no deposit insurance, and no legal recourse if something goes wrong.

Does GroveX have a mobile app?

There is no official mobile app for GroveX as of November 2025. The platform is accessible only through its website. This limits convenience and security - mobile apps often have better authentication and push notifications for suspicious activity.

Can I deposit fiat currency on GroveX without KYC?

No. While crypto-to-crypto deposits under $10,000 don’t require KYC, any fiat deposit (credit card, bank transfer, etc.) requires full identity verification. This is standard across nearly all exchanges, even those that advertise no-KYC policies.

Is GroveX’s trading volume real?

It’s highly questionable. GroveX claims over $2.4 billion in daily volume, but it doesn’t rank in CoinGecko’s top 100 exchanges by trust score. Most exchanges with similar volume rank in the top 20. The mismatch suggests possible volume inflation - a common tactic on newer exchanges to attract traders.

Are there hidden fees on GroveX?

The platform advertises 0.001% trading fees, but there’s no official fee schedule. Withdrawal fees for certain tokens are not listed publicly. Some users report unexpected network fee charges being added on top of trading fees. Always check the final settlement amount before confirming a trade.

What blockchains does GroveX support?

GroveX supports ten blockchains, including Ethereum, Binance Smart Chain, Solana, Polygon, Avalanche, Arbitrum, Optimism, Tron, Cosmos, and Base. But the list of supported tokens within each chain isn’t fully published. Always verify if your specific token is supported before sending funds.

Final Verdict: High Risk, High Reward

GroveX isn’t a scam. It’s a high-risk, high-reward experiment. If you’re a seasoned trader who understands the dangers of unregulated platforms and wants to shave off pennies on every trade, GroveX might be worth a small test. But if you’re looking for safety, reliability, or support - keep looking.

The crypto market is full of flashy new exchanges promising the moon. GroveX delivers low fees and privacy - but it also delivers zero safety net. In 2025, that’s a trade-off only a few should make.

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12 Comments

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    andrew seeby

    November 3, 2025 AT 23:47
    bro i tried grovex last week just to test it 😅 deposited 500 usdc and traded 3 times... fees were literally 0.02 cents each. no kidding. but then i tried to withdraw eth and got hit with a 0.5% network fee they didn't mention. still worth it for me tho. 🤷‍♂️
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    Pranjali Dattatraya Upadhye

    November 4, 2025 AT 08:14
    Okay, I'm low-key obsessed with this exchange-like, the speed is insane, and I love that I can hop between chains without jumping through hoops-but also??? I almost lost my entire bag because I sent a token that wasn't on their *hidden* list. 🫠 They don't warn you. Don't be me.
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    Kyung-Ran Koh

    November 5, 2025 AT 05:34
    I appreciate the honesty in this review. Truly. But let’s be real: if you’re trading under $10k and you care about privacy, GroveX is one of the few options left. Yes, no insurance. Yes, no support. But that’s the price of decentralization. Just don’t store more than you’re willing to lose-and always, always double-check token contracts before sending. 💡
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    Missy Simpson

    November 5, 2025 AT 07:01
    I’ve been using GroveX for 3 months now and honestly? It’s my go-to for swing trades. The UI is clunky as heck on mobile, but the desktop site loads fast. I’ve made 17 trades today and paid less than $0.50 in fees total. 🤯 And no KYC? YES PLEASE. Just don’t cry when your wallet gets drained because you clicked ‘confirm’ too fast. 🙏
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    Tara R

    November 6, 2025 AT 08:22
    This exchange is a regulatory nightmare. No license no oversight no accountability. You're essentially gambling with your assets on a website that could vanish tomorrow. If you're using this you're not a trader you're a speculator with delusions of grandeur
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    Matthew Gonzalez

    November 8, 2025 AT 04:18
    It’s funny how we treat exchanges like gods now. GroveX doesn’t promise safety. It promises freedom. And freedom always comes with risk. The real question isn’t ‘is this safe?’-it’s ‘how much control do I want to give up for convenience?’ If you want a bank with crypto, use Coinbase. If you want to be your own bank? Then GroveX is just a tool. Not a sanctuary.
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    Michelle Stockman

    November 8, 2025 AT 06:42
    2.4B volume? Sure. And I’m the Queen of England. 🤡 CoinGecko doesn’t list it because it’s a ghost town with bots doing backflips. You think you’re saving on fees? You’re just paying in slippage. And your ‘privacy’? It’s just anonymity-until someone drains your wallet and you realize no one gives a damn.
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    Alexis Rivera

    November 8, 2025 AT 22:59
    I’ve used over 15 exchanges. GroveX is the only one that feels like it was built by actual traders-not marketers. The interface is barebones because it doesn’t need to be flashy. It needs to execute. And it does. If you want hand-holding, go to a bank. If you want to trade? This is it. Just don’t forget your private keys.
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    Eric von Stackelberg

    November 9, 2025 AT 02:14
    Let me ask you this: who owns the server infrastructure? Where are the backups stored? Has anyone audited their backend code? No? Then you’re trusting a black box operated by anonymous devs in a jurisdiction that doesn’t care if you lose everything. This isn’t innovation. It’s a honeypot. And you’re the fly.
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    Emily Unter King

    November 11, 2025 AT 00:53
    The lack of API docs is a dealbreaker for algotraders. I ran a backtest on their orderbook depth-20% of the claimed liquidity is phantom. Slippage on ETH/USDT was 3.8% on a 10k trade. That’s not ‘low fees’-that’s a hidden tax. Also, no OCO orders? In 2025? Unacceptable.
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    Ryan Inouye

    November 11, 2025 AT 11:13
    America’s best crypto exchange? Nah. But it’s better than the Chinese bots running half the DeFi space. If you’re too scared to use this, go back to your Coinbase wallet and cry about your 0.1% fees. Grow up. This is crypto. It’s not a daycare.
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    Chris Hollis

    November 12, 2025 AT 18:28
    The volume is fake. The fees are misleading. The support is nonexistent. The UI is garbage. But I still use it. Because sometimes you just need to move fast and break things. And I’m okay with the risk.

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