True Trade Review: What to Know Before Trading
True Trade describes itself as a decentralized perpetuals exchange with gasless trading and up to 1001x leverage. Important details about fees, audits and how to start safely remain unclear.
By the SkyBitcoins review team · Updated
At a glance
True Trade key facts
| Type | Decentralized perpetuals exchange |
|---|---|
| Markets | More than 30 perpetual markets claimed |
| Leverage | Up to 1001x claimed |
| Access | KYC-free access claimed |
| Updated |
True Trade FAQs
What is True Trade?
True Trade describes itself as a decentralized exchange for perpetual futures, with more than 30 markets and advanced trading tools. It also advertises self-custody and a gasless trading mode; these are project claims, not a guarantee of execution quality or safety.
Does True Trade require KYC?
True Trade says it offers KYC-free access. Check the platform’s current requirements and make sure using a derivatives exchange is legal where you live before connecting a wallet.
Is True Trade safe to use?
True Trade's audit status, contract risks and incident record are not established. Its documentation also does not provide enough detail here to verify actual trading costs or explain deposits and withdrawals, so avoid committing funds until you can confirm those points.
Compare
True Trade alternatives
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Volmex offers crypto volatility indices and API data, while linked derivatives trade on outside venues with separate fees and risks.
Grvt offers multi-asset perpetuals, spot trading and yield features, but verify fees, custody and account rules before funding.
GMX offers wallet-based spot and perpetual trading on Arbitrum and Avalanche, but variable costs and smart-contract risks call for care.
gTrade offers wallet-based perpetuals across crypto and traditional markets, but high leverage and incomplete fee details call for caution.
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How we checked
Sources
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