INX Liquidity & Slippage Calculator
This tool estimates how much slippage you might experience when trading on INX versus larger exchanges due to its limited liquidity. Based on the article's data, INX typically has 0.5-1.0% bid-ask spreads compared to 0.1-0.2% on major exchanges.
INX exchange is a fully regulated digital‑asset trading platform that blends standard cryptocurrency markets with SEC‑registered security token trading. Launched after an $85 million IPO in 2020, the exchange operates under multiple SEC frameworks (Regulation ATS, Regulation D, Regulation A+, Regulation S) and holds a Distributed Ledger Technology licence from Gibraltar. Because of that regulatory moat, INX targets institutional investors and accredited traders who need a compliant way to buy, sell, and issue tokenised real‑world assets.
Why INX Exists - The Compliance‑First Value Proposition
Most crypto‑only exchanges shy away from security tokens because they fall under securities law. INX flips that script by partnering with BitGo Trust Company as its qualified custodian, using multi‑signature hot and cold wallets that meet Rule 206(4)‑2 standards. The result is a platform where you can trade Bitcoin, Ethereum, Litecoin, Avalanche, Zcash, Ripple and Solana alongside tokenised equities, real‑estate shares and private‑credit assets-all while staying inside the SEC’s legal boundaries.
Key Features & User Experience
- 24/7 market access for both crypto and security tokens - a rarity for regulated securities.
- Standard order types (limit, market, stop‑limit, stop‑market) powered by TradingView charts.
- Fee payment in USD, BTC or ETH; exact fee tiers are not publicly disclosed but are comparable to other compliant platforms.
- Mobile‑first design with iOS/Android apps that show a unified portfolio of crypto + security tokens.
- KYC/AML process that adds an accreditation check for security‑token users, typically taking 3‑5 business days.
What You Can Trade on INX
As of October 2025, INX lists seven major cryptocurrencies and a growing roster of security tokens representing tokenised stocks, REITs, and private‑credit instruments. The platform’s roadmap promises to expand the crypto list to 15 coins and add staking for PoS assets by mid‑2026.
Performance & Liquidity - The Numbers That Matter
INX processes roughly $5‑7 million in daily volume, a fraction of Binance’s $15‑20 billion but typical for a niche, compliance‑driven exchange. The limited order book depth translates into bid‑ask spreads of 0.5‑1.0 % on most pairs, compared with 0.1‑0.2 % on the market leaders. During high‑volatility spikes, the platform’s sequential transaction processing can cause slight delays, a point highlighted by Dr. Sarah Chen of MIT’s Digital Currency Initiative.
How INX Stacks Up Against the Competition
| Feature | INX | Coinbase | Binance |
|---|---|---|---|
| Regulatory status | SEC‑registered ATS, Gibraltar DLT licence | US‑registered, limited security token support | Unregulated, no security tokens |
| Crypto assets offered | 7 major coins (expanding to 15) | 200+ coins | 500+ coins |
| Security token trading | Yes - SEC‑compliant | No | No |
| Margin / Futures | None (conservative) | Margin (US), Futures (limited) | Leverage up to 125×, Futures |
| Daily volume (USD) | $5‑7 M | $1‑2 B | $15‑20 B |
| Average spread | 0.5‑1.0 % | 0.2‑0.3 % | 0.1‑0.2 % |
| Customer support | 24/7 chat (≈12 min response), email (≈4.5 h) | Email, phone (business hours) | 24/7 live chat, ticket system |
Pros & Cons - Quick Takeaway
- Pros
- Full SEC registration - peace of mind for institutions.
- 24/7 trading of security tokens, a first in the market.
- Robust custody via BitGo, meeting high‑security standards.
- Unified portfolio view for crypto and tokenised assets.
- Cons
- Limited crypto selection compared with mainstream exchanges.
- No margin, futures, or leverage products.
- Liquidity gaps lead to higher slippage on large orders.
- Sequential processing can slow order execution under stress.
Real‑World Use Cases
Financial advisors like the Reddit user “CryptoComplianceGuy” recommend INX for clients who want tokenised stock exposure without leaving the regulated environment. Real‑estate platforms such as RealT have launched tokenised property offerings on INX, letting investors buy fractional shares of rental assets. Private‑credit firm Goldfinch used INX’s issuance engine to raise capital via a security token, handling the entire SEC filing process through the platform.
Getting Started - Step‑by‑Step Walkthrough
- Visit INX.co and click “Register”.
- Complete the standard KYC (photo ID, proof of address). If you plan to trade security tokens, upload accreditation documents (e.g., wealth statement, investment‑professional certificate).
- Wait 3‑5 business days for verification. Most users report a 45‑60 minute setup time once approved.
- Deposit funds - you can wire USD, or send BTC/ETH from an external wallet.
- Navigate to the “Markets” tab. Select a crypto pair (e.g., BTC/USD) or a security token (e.g., Tokenised Apple AAPL).
- Choose order type, set price/size, and confirm. The order will appear on the order book instantly.
- Track your holdings on the “Portfolio” page, which aggregates crypto and tokenised assets side‑by‑side.
Security & Custody Details
The platform relies on BitGo Trust for custodial services, employing multi‑signature wallets that satisfy Rule 206(4)‑2. Hot wallets are used for immediate withdrawals, while the majority of funds sit in cold storage with air‑gapped hardware modules. INX undergoes annual SOC 2 Type II audits, and its AML engine is powered by Chainalysis, helping detect illicit activity before it reaches the ledger.
Future Roadmap - What’s Coming Next?
INX announced an Avalanche integration in August 2025 to boost transaction throughput and reduce latency. By Q2 2026, the exchange plans to launch a FIX‑protocol API for institutional algo‑trading, expand crypto listings to fifteen coins, and roll out staking for PoS assets such as AVAX and SOL. Analysts at Delphi Digital expect the security‑token market to grow at 38.7 % CAGR through 2030, positioning INX to capture a larger slice of a high‑margin niche.
Bottom Line - Is INX the Right Choice for You?
If you are an accredited investor, a fintech firm, or a traditional institution that needs a compliant gateway into tokenised assets, INX offers a unique blend of regulatory certainty and dual‑market access. Retail traders looking for deep liquidity, a wide alt‑coin menu, or high‑leverage products will likely feel constrained. The platform’s strength lies in its compliance framework, not in raw trading volume.
Frequently Asked Questions
Is INX available to non‑US residents?
Yes. While the platform is SEC‑registered, it accepts users from most jurisdictions except those on U.S. sanctions lists. International users still need to satisfy KYC and, for security tokens, accreditation requirements.
Can I trade Bitcoin with leverage on INX?
No. INX focuses on spot trading and does not offer margin, futures, or perpetual contracts. The platform aims to keep the compliance surface low.
What fees does INX charge for security‑token issuance?
Issuance fees range from 3 % to 7 % of the total offering size, depending on the complexity of the token and the regulatory work required. Trading fees are tiered but not publicly detailed; they are competitive with other regulated venues.
How secure is my crypto on INX?
INX uses BitGo’s custodial solution, with multi‑signature hot and cold wallets, SOC 2 Type II audits, and Chainalysis AML monitoring. These measures meet or exceed industry standards for institutional custody.
What is the typical onboarding time?
Standard KYC takes 1‑2 days. Adding accreditation verification for security‑token access extends the process to 3‑5 business days. Most users finish the whole setup in under an hour once approved.
Jon Miller
October 20, 2025 AT 08:10Wow, INX really knows how to make a splash in the compliance world! The fact that they blend crypto with SEC‑registered security tokens is pretty wild, and it feels like a new era for institutional traders. I love that they’ve got 24/7 access – no more waiting for markets to open. Their partnership with BitGo adds an extra layer of security that makes me feel comfortable depositing big‑time funds. Overall, it's an exciting platform for anyone who wants legit trading without the usual gray‑area headache.
Rebecca Kurz
October 23, 2025 AT 05:37This exchange looks legit!!! But why is everything so complicated??? KYC, accreditation, multiple approvals… it’s a maze!!! Still, the regulated vibe is reassuring!!! If you’re into tokenised stocks, this might be the only safe playground!!!!
Nikhil Chakravarthi Darapu
October 26, 2025 AT 02:04India needs a platform like INX to showcase our technological sovereignty. A regulated exchange that respects national law while offering global assets is a strategic asset. The partnership with BitGo demonstrates a commitment to robust security, which aligns with our own cyber‑defence priorities. By adopting such standards, we set a benchmark for other emerging markets. It’s time for our regulators to embrace this model and empower Indian investors.
Tiffany Amspacher
October 28, 2025 AT 23:30In the grand theater of finance, INX plays the role of the vigilant sentinel, guarding the doorway between freedom and order. One could argue that its very existence forces us to confront the paradox of liberty shackled by law. Yet perhaps that tension births true progress, a dance of risk and responsibility. The platform becomes a mirror, reflecting our collective yearning for both innovation and security.
Lindsey Bird
October 31, 2025 AT 20:57Honestly, reading about INX feels like watching a slow‑motion fireworks show-lots of sparkle, but the bang never lands. They brag about compliance, yet the liquidity is as thin as a whisper. If I wanted a hobby, I’d pick something more exhilarating than waiting for orders to fill.
john price
November 3, 2025 AT 18:24Alright, let’s cut the fluff and get real about INX. First off, the whole “regulated” tagline sounds fancy, but it also means you’re stuck in a bureaucratic swamp. Their fee structure is hidden behind vague tiers, forcing users to guess what they’re actually paying. The limited crypto list makes the platform feel like a niche club you weren’t invited to. Sure, they’ve got security token support, but the liquidity is so shallow you’ll see slippage on every trade. The order‑book depth is basically a trickle compared to the tidal waves on Binance. When market volatility spikes, INX’s sequential processing turns into a snail race-orders sit pending while the price moves on. The KYC process, while thorough, drags on for days, killing any sense of immediacy. Their custody solution with BitGo is solid, but you’re paying premium for a service that most retail traders never need. In practice, the platform feels like a sandbox for institutions, not a playground for everyday enthusiasts. If you’re an accredited investor, you might find some value, but the overall user experience is clunky and outdated. The mobile app is barely functional, with glitches that make you double‑check every transaction. Their roadmap promises more coins, but by then competitors will have already eclipsed them. Compliance is great until it becomes a shacklmce that stifles growth. Bottom line: INX is a respectable idea hampered by execution, and it needs a major overhaul to stay relevant in this fast‑moving market.
Ty Hoffer Houston
November 6, 2025 AT 15:50From a user‑experience standpoint, INX does a solid job of bridging the gap between crypto excitement and traditional finance safety. The unified portfolio view lets you see both Bitcoin and tokenised equities side by side, which is a real convenience. Their 24/7 chat support is responsive, usually getting back within ten minutes, so you’re not left hanging. While the liquidity isn’t as deep as the big exchanges, it’s sufficient for most institutional-sized orders. Overall, if you value compliance and a clean interface, INX is worth a look.
Ryan Steck
November 9, 2025 AT 13:17Don’t be fooled by the “security” hype-there’s a hidden agenda feeding on your compliance fears. Behind the glossy KYC forms lies a data‑harvesting engine that could sell your credentials to the highest bidder. The whole “BitGo partnership” might just be a front to legitimize a surveillance network. Keep your eyes open; they want you to trust the gatekeepers while they quietly skim the market.
James Williams, III
November 12, 2025 AT 10:44Technically speaking, INX operates as an SEC‑registered ATS, which imposes a Reg ATS framework on order routing and settlement. Their integration with BitGo leverages multi‑sig ECDSA wallets adhering to Rule 206(4)‑2, providing custodial segregation. The order‑book depth can be modeled via a Poisson process, revealing a spread variance of ~0.75 % in mid‑liquidity scenarios. API latency hooks into FIX‑protocol dials, enabling algo‑trading with sub‑millisecond timestamps. While the market microstructure isn’t as tight as on a pure crypto venue, the compliance overlay adds a layer of counterparty risk mitigation that many institutions find acceptable.
Patrick Day
November 15, 2025 AT 08:10Honestly, I think the whole thing is just a staged experiment to get us used to digital securities while big‑tech watches every move.
Scott McCalman
November 18, 2025 AT 05:37Looks legit, but I’m waiting for the real scoop. 😊
PRIYA KUMARI
November 21, 2025 AT 03:04This platform is a half‑baked attempt to cash in on hype, riddled with shallow liquidity and a fee structure so opaque it borders on fraudulent. If you’re looking for serious trading volume, you’ll be sorely disappointed. Their “regulated” badge is just a marketing ploy to lure naive investors into a low‑yield swamp.
Andrew Smith
November 24, 2025 AT 00:30Hey folks, if you’re willing to give INX a shot, I’d be happy to share some tips on navigating the KYC flow and spotting the best tokenised equity pairs. Let’s help each other make the most of this compliant gateway!