GroveX Review 2026
Registered exchange with real regulatory records.
GroveX is a crypto exchange founded in 2022. It holds a AUSTRAC registration on the public register.
The record
On file, GroveX traces to 2022, with its operating base recorded in Australia. Ownership is private, and no equity trades on a public exchange. The order book covers 350 coins and trading pairs, spanning spot and, where a jurisdiction permits, derivatives. The mandate stays inside crypto, spot and derivatives, nothing more.
Execution runs through GroveX's own web, mobile and API stack. No copy-trading layer is offered on the platform.
GroveX is a cutting-edge cryptocurrency exchange registered in Australia designed to set new standards in the digital currency exchange world. With a vision to simplify and enhance the trading experience for beginners and seasoned traders, GroveX combines many features, focusing on diversity, efficiency, security, and
| Founded | 2022 |
| Headquarters | Australia |
| Listed coins | 350 |
| Trading pairs | 383 |
| Exchange type | Centralized (CEX) |
| CoinGecko trust score | 8/10 · global rank #45 |
| 24h volume | 9,547 BTC |
| Platforms | Web, iOS, Android, API |
| Copy trading | No |
| Official channels | Twitter/X · Telegram |
Custody & proof
Exchanges serving Australian clients must register with AUSTRAC and comply with Australian AML law. AUSTRAC enforces reporting and conduct rules, though most crypto assets carry no government-backed compensation scheme.
| Regulator | Licence | Entity |
|---|---|---|
| AUSTRAC | Registered ✓ | GroveX |
Cross-check the AUSTRAC entry yourself at www.austrac.gov.au. Each record returns the licensed entity, its current authorisation state, and the exact activities it is cleared to run, a lookup that costs about a minute.
Fee schedule
The rates below are the standing fees on GroveX. Both sides of the book move with your rolling 30-day volume, and holders of the venue's native token typically settle at a discount.
| Taker fee | 0.2% |
| Maker fee | 0.10% |
| BTC/USD trading fee | 0.2% |
| ETH/USD trading fee | 0.2% |
| Withdrawal cost | Network fee only (varies by coin) |
At 0.2%, the GroveX taker fee reads in line with the regulated retail field.
Withdrawals, cost and timing
Fee: None. GroveX does not charge deposit or withdrawal fees. Your payment provider may apply their own transfer fees.
Processing time: 1 to 3 business days. E-wallet and card withdrawals are typically faster than bank wire transfers.
No payout clears until identity checks are settled. An account still short of full verification, identity and address on file, will see the timeline stretch. Once a record is complete, payouts track the figures above.
Minimum deposit, entity by entity
What you must fund to open depends on which GroveX entity your country routes to. Offshore books tend to set the bar lower, in exchange for thinner regulatory cover.
| Entity | Regulator | Min deposit | Max leverage |
|---|---|---|---|
| GroveX | AUSTRAC · Registered | None | 1:1 |
GroveX vs Coinbase
| GroveX | Coinbase | |
|---|---|---|
| Primary regulator | AUSTRAC Registered | FinCEN MSB Registered |
| Min deposit | None | None |
| Taker fee | 0.2% | 0.6% |
| Listed coins & pairs | 350+ | 250+ |
| Copy trading | No | No |
| Withdrawal fee | None | Varies |
Both records check out as registered venues. The case for GroveX rests on its platform and the breadth of its coin list; Coinbase pulls ahead where a trader weighs the reach of its specific licensed entities more heavily.
Registrations on file
| AUSTRAC | Registered, GroveX |
For retail accounts across the EU and UK, leverage on crypto derivatives is held to 1:1 by local rule.
Strengths and weak points
What works
- AUSTRAC regulated, GroveX
- No minimum deposit
- No inactivity fee
- Low taker fee from 0.2%
- 350+ coins & trading pairs
What does not work
- No copy trading
The verdict
The records place GroveX as a registered, operating crypto exchange, AUSTRAC Registered confirms on the public file. The best fit is traders who want 350 coins and pairs reachable through a registered venue. Score: 4.0 out of 5.
Alternatives to GroveX
Should GroveX miss the mark, the registered venues below are worth setting side by side:
Frequently asked questions
Is GroveX safe?
Exchanges serving Australian clients must register with AUSTRAC and comply with Australian AML law. The AUSTRAC record sits on the official register in public view, open to anyone who wants to confirm it.
What is the GroveX minimum deposit?
None covers the primary regulated entity. Offshore books can set a different bar, so the entity table above is the place to read the figure that applies to your country.
What is the GroveX trading fee?
On the record, GroveX charges about 0.2% to take and 0.10% to make. The schedule tapers as 30-day volume climbs, and native-token holders usually clear at a reduced rate.
How long does GroveX take to process withdrawals?
1 to 3 business days. E-wallet and card withdrawals are typically faster than bank wire transfers.
Does GroveX charge withdrawal fees?
None. GroveX does not charge deposit or withdrawal fees. Your payment provider may apply their own transfer fees.
Does GroveX have an API?
Yes. Beyond its web and mobile front ends, GroveX exposes a public REST and WebSocket API, the hook for automated strategies, custom bots, and outside portfolio tools that read from an account.