Quick Overview
55.com entered the market aiming at the fast-growing altcoin sector. From day one, it promoted deep liquidity, early listings, and zero-fee trading periods to draw in volume. The interface was tidy and functional, letting traders watch multiple markets without constant switching. Execution speed was one of its early selling points.
What It Offered
The exchange focused on spot markets. Top pairs like BTC, ETH, and USDT carried most of the volume, while smaller tokens came and went. A limited margin trading option was added later for select assets. Security tools covered the basics - 2FA, cold storage, and withdrawal whitelists.
No fiat support was ever added, keeping the platform strictly crypto-to-crypto.
Market Performance
Initial growth was solid, boosted by a few high-profile token launches. Over time, activity slowed. Liquidity providers shifted elsewhere, and new listings became rare. Many trading pairs now show thin books or no trades at all.
Platform Specifications
| Feature | Details |
|---|---|
| Type | Centralized exchange |
| Markets | Spot with limited margin |
| Fiat Support | None - crypto-to-crypto only |
| Security | 2FA, cold storage, withdrawal whitelist |
| Listing Focus | Early niche tokens |
| Current Status | Minimal activity |
Strengths and Weaknesses
Strengths
- Early adoption of niche token listings
- Clean, functional interface
- Zero-fee campaigns during early growth
Weaknesses
- No fiat gateway
- Limited leverage options
- Liquidity now extremely low
Final Outlook
55.com had a brief moment as a go-to venue for altcoin hunters. Without strong liquidity or regular listings, it faded into the background. A relaunch or niche repositioning would be needed to regain relevance.