Is paradex.trade a scam?

Based on ScamMinder's AI analysis, paradex.trade received a safety score of 80/100. This score indicates the website appears legitimate.

What is the trust score of paradex.trade?

The trust score of paradex.trade is 80 out of 100, categorized as 'Safe'. This score is calculated by ScamMinder's AI using multiple factors including domain age, SSL certificate, content analysis, and user reports.

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paradex.trade Scam Check: 80/100 Trust | ScamMinder

Name: paradex.trade Safety Review
Item: paradex.trade
Rating: 80
Author: ScamMinder AI

Website: paradex.trade

Safety Score

80/100

✓ Safe Website

This website appears legitimate based on AI analysis.

AI Analysis Results

Category: Financial

About this website:

Detailed Analysis Report: Is Paradex.trade Safe and Legit? Website Overview and Purpose Paradex.trade is a financial services website that offers a platform for trading various financial instruments, including cryptocurrencies, futures, and options. The website provides information about the company, its services, and the markets it operates in. It also offers resources such as an API, documentation, and a blog for users to learn more about trading and the platform. Content Quality and User Experience Key Experience Highlights Professional design and layout Comprehensive information about the company and its services Access to trading statistics and market data Resources for developers and traders, including API documentation and code samples Claims Verification and Red Flags ⚠️ Red Flags Detected No significant red flags detected. The website appears to be a legitimate financial services platform, providing information and resources for trading various financial instruments. ⚠️ Caution Points As with any financial services platform, users should exercise caution and conduct their own research before engaging in trading activities It's important to understand the risks associated with trading, especially in volatile markets like cryptocurrencies Users should verify the regulatory status of the platform and ensure it complies with relevant financial regulations in their jurisdiction Security Note: The website uses a valid SSL certificate from Let's Encrypt for secure browsing. Legitimacy and Reputation Assessment The domain has been operational for over 3 years, indicating a certain level of stability and establishment in the market. The website is hosted in the United States and uses Amazon Web Services for its infrastructure. The Tranco global rank is 51265, suggesting a moderate level of traffic and visibility. The website has a presence in the Internet Archive's Wayback Machine, with 109 snapshots, indicating a history of content and activity. The SSL certificate is issued by Let's Encrypt, a widely recognized and trusted certificate authority. The use of Amazon Web Services for hosting is also a positive sign, as it is a reputable and widely used cloud services provider. The website's content and resources, including the API documentation and blog, suggest a focus on providing tools and information for traders and developers in the financial markets. Overall, the website appears to be a legitimate platform for trading and financial services, with a reasonable level of transparency and resources for users. Final Verdict and Recommendations Conclusion: Based on the information available, Paradex.trade appears to be a legitimate financial services platform. However, as with any trading platform, users should exercise caution and conduct their own research before engaging in trading activities. It's important to understand the risks associated with trading, especially in volatile markets like cryptocurrencies. Users should also verify the regulatory status of the platform and ensure it complies with relevant financial regulations in their jurisdiction. Overall, the website seems to provide a range of resources and tools for traders and developers, which is a positive sign. However, individual users should make informed decisions and consider their own risk tolerance and financial situation before using the platform for trading.

Risk Assessment: safe

📊 Analysis Reasons:

[DOMAIN HISTORY] Domain has been operational for over 3 years
[SECURITY] Uses a valid SSL certificate from Let's Encrypt for secure browsing
[ANALYSIS] Hosted in the United States using Amazon Web Services
[CONTENT QUALITY] Provides comprehensive information about the company and its services
[ANALYSIS] Offers access to trading statistics and market data
[ANALYSIS] Provides resources for developers and traders
[ANALYSIS] No significant red flags detected

Technical Details

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Zero Fee Perpetuals

Trade 250+ markets on a super exchange with zero-fees, better-than-CEX liquidity, and institutional-grade privacy, all built on a blazingly fast blockchain.

Trade on Paradex Build on Paradex

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24h Volume

$704,059,301

Open Interest

$264,467,785

TVL

$125,134,162

Users

43,304

Futures

112

Options

100

Reimagining The Exchange From First Principles

Scaling finance on-chain demands liquidity, performance, and privacy as foundational primitives. Paradex unifies all three.

Explore Roadmap

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XP Warzone

Xperience Points (XP) are the new universal metric to measure and reward user engagement on Paradex.

Learn More

Trade Anytime, Anywhere

Deep liquidity, lightning-fast UI, and full-portfolio control delivered through the best mobile experience in crypto.

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Trade Now

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VIP Affiliate Program

Refer and Earn up to 25% of Referred Users XP and Fees

Learn More

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A Layer 2 Designed For Extreme Scale (DimeVM)

Build without compromise on the fastest and most performant Layer 2 Blockchain in the world

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Backed by The Best

Paradex is incubated by Paradigm and backed by some of the leading investors and traders in the space

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Engineered to meet the security, accuracy, and reliability standards of DeFi.\nBridge\nOrbiter Finance\nOrbiter Finance enables cross-rollup transactions of Ethereum/Bitcoin native assets in a trustless and seamless manner.\nWallet\nOKX Wallet\nOne Web3 portal to rule them all\nWallet\nMetamask\nThe leading self-custodial wallet. The safe and simple way to access blockchain applications and web3.\nWallet\nLedgerLive\nWeb3 Wallet from the company that produced the world's most secure crypto hardware device.\nBridge\nLayerswap\nReliable solution for transferring crypto assets across various blockchains and in a matter of minutes.\nData\nLaevitas\nHigh quality, multi-asset data from the crypto derivatives markets.\nWallet\nKraken Wallet\nKraken Wallet is a powerful self-custody wallet built to connect you to the decentralized web — safely and securely.\nBridge\nHyperlane\nHyperlane is a permissionless interoperability protocol for cross-chain communication across different blockchain environments.\nWallet\nFireblocks\nEnterprise-grade platform delivering a secure infrastructure for moving, storing, and issuing digital assets.\nData\nDefiLlama\nDeFi TVL aggregator. 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paradex.trade Scam Check: 80/100 Trust | ScamMinder

Safety Score

AI Analysis Results

Technical Details

Recently Analyzed Websites

Zero Fee Perpetuals

$704,059,301

$264,467,785

$125,134,162

43,304

112

100

Reimagining The Exchange From First Principles

Trade without Compromise

Zero Fee Perps

Better-than-CEX Liquidity

Institutional-Grade Privacy

Unified Margin

Perpetual Options

Fastest Venue for New Token Listings

High-Yield Vaults & VTFs

Multiple Margin Modes

No Auto-Deleveraging (ADL)

XP Warzone

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VIP Affiliate Program

A Layer 2 Designed For Extreme Scale (DimeVM)

Build without Compromise

Insane Scale

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Optimistic Parallelization

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Fully Composable with Paradex

Backed by The Best

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