From Activity to Complete Obscurity
Iquant appeared in the late 2010s, claiming to offer spot and derivatives trading. Its visibility quickly declined, and now it is listed as untracked with no signs of operational activity.
Platform Visibility and Trust
Major aggregators confirm an untracked status, meaning no trading volume, reserve data, or market depth is reported. The IQT token shows zero price, zero supply, and no trades. This lack of data suggests the platform is inactive or abandoned.
Original Offering and Fees
When active, Iquant used a flat 0.10 percent fee for both makers and takers, with BTC withdrawals around 0.0005 BTC. Only crypto deposits were allowed. These services no longer function, as deposits and trading are unreachable.
User Feedback and Reputation
Reviews are scarce and mostly negative. Users mention broken withdrawals, slow operations, and support failures. No credible testimonials exist, and web traffic shows near-zero interest. Trust scores remain extremely low.
Strengths Once Marketed
The platform advertised a few appealing points early on:
- Simple, competitive flat fees
- Crypto-only deposits without custodial hurdles
- Global accessibility claims
Critical Vulnerabilities
These initial claims failed as major flaws emerged:
- No verified trading or liquidity data
- Untracked status and data blackout
- No regulatory recognition or registration
- Broken withdrawal processes
- Unresolved user complaints and low trust metrics
Status in 2025
By mid-2025, Iquant is effectively defunct. The exchange has no operational markets, no trading activity, and no updates. IQT token metrics confirm inactivity, and funds previously held are unlikely recoverable.
Key Lessons for Traders
The downfall of Iquant highlights key warnings:
- Exchanges losing data or market visibility often fail behind the scenes
- Flat fees do not ensure trust or reliability
- Lack of regulation or proof-of-reserves is a major red flag
- Stick to platforms with verifiable activity and responsive support
Final Thoughts
Iquant once operated with a simple crypto-only model, but now it stands as a failed project. With no transparency, zero liquidity, and no public activity, it should be avoided completely. Use only exchanges with proven reserves, compliance, and active user communication.