Alternatives

StandX Alternatives — Evidence Comparison

Alternative venues are shown for evidence comparison and are not recommendations. They are included because published evidence attributes differ from StandX — not because StandX is “bad”, and not because of commercial relationships.

Why these venues are included

Each candidate differs from StandX on at least one published evidence attribute (regulation, legal-entity mapping, PoR, custody, geographic records, products, or completeness). Inclusion is deterministic from the public snapshot.

Evidence attributes

VenueRegulationLegal entitiesPoRCustodyGeographic scopeProductsCoverage
01003513 / 7i
4413347 / 7i
11112847 / 7i
11111567 / 7i
23133827 / 7i
11111657 / 7i
Binance identification mark

Binance

Regulatory evidenceCustody modelPoR availabilityFee transparencyRegional availabilityProduct availabilityPublic-record completenessJurisdiction
  • — Regulatory records on file: StandX 0 (exact IDs 0) vs Binance 4 (exact IDs 4).
  • — Custody claim records: StandX 0 vs Binance 3.
  • — PoR snapshots on file: StandX 0 vs Binance 1 (PoR ≠ audit).
  • — Fee snapshots on file: StandX 0 vs Binance 2.
Bitget identification mark (not an official logo)

Bitget

Regulatory evidenceCustody modelPoR availabilityFee transparencyRegional availabilityProduct availabilityPublic-record completenessJurisdiction
  • — Regulatory records on file: StandX 0 (exact IDs 0) vs Bitget 1 (exact IDs 0).
  • — Custody claim records: StandX 0 vs Bitget 1.
  • — PoR snapshots on file: StandX 0 vs Bitget 1 (PoR ≠ audit).
  • — Fee snapshots on file: StandX 0 vs Bitget 2.
Bybit identification mark (not an official logo)

Bybit

Regulatory evidenceCustody modelPoR availabilityFee transparencyRegional availabilityProduct availabilityPublic-record completenessJurisdiction
  • — Regulatory records on file: StandX 0 (exact IDs 0) vs Bybit 1 (exact IDs 0).
  • — Custody claim records: StandX 0 vs Bybit 1.
  • — PoR snapshots on file: StandX 0 vs Bybit 1 (PoR ≠ audit).
  • — Fee snapshots on file: StandX 0 vs Bybit 2.
Crypto.com identification mark (not an official logo)

Crypto.com

Regulatory evidenceCustody modelPoR availabilityFee transparencyRegional availabilityProduct availabilityPublic-record completenessJurisdiction
  • — Regulatory records on file: StandX 0 (exact IDs 0) vs Crypto.com 2 (exact IDs 2).
  • — Custody claim records: StandX 0 vs Crypto.com 3.
  • — PoR snapshots on file: StandX 0 vs Crypto.com 1 (PoR ≠ audit).
  • — Fee snapshots on file: StandX 0 vs Crypto.com 2.
Kraken identification mark (not an official logo)

Kraken

Regulatory evidenceCustody modelPoR availabilityFee transparencyRegional availabilityProduct availabilityPublic-record completenessJurisdiction
  • — Regulatory records on file: StandX 0 (exact IDs 0) vs Kraken 1 (exact IDs 1).
  • — Custody claim records: StandX 0 vs Kraken 1.
  • — PoR snapshots on file: StandX 0 vs Kraken 1 (PoR ≠ audit).
  • — Fee snapshots on file: StandX 0 vs Kraken 2.

What remains unresolved

Open questions and missing domains stay unknown. An empty cell is not a safety finding.

  • StandX: StandX Issuer Ltd (BVI 2163662) confirmed in official User Terms as DUSD Token Issuer only — not confirmed as sole perps operator. Re-audited 2026-09-13: keep THIN; do not invent fills.
  • StandX: No official regulatory disclosure or register entry located for StandX Issuer Ltd or the perps venue.
  • Binance: ADGM Nest trio roles mapped from official ADGM Terms; Binance FZE mapped from FZE Terms + VARA VL/24/04/001. Do not treat any single entity licence as brand-wide global authorisation. Nest Trading Limited role kept as unknown enum (broker-dealer/off-exchange per terms) pending richer role taxonomy.
  • Bitget: FSA Seychelles lists BTG Technology Holdings Limited on the VASP Assessment list (2026-03-09). Not a granted licence. Operator marketing licences (AUSTRAC etc.) were not confirmed on primary registers in this pass; VARA public register has no Bitget VASP licence row (2026-09-13).
  • Bitget: No confirmed primary incident record packaged
  • Bybit: SATOS partnership terms are regional/partner-scoped; not applied as global Bybit custody. Added PoR wallet-disclosure claim only.
  • Bybit: No confirmed primary incident record packaged this phase
  • Crypto.com: HISTORICAL only: Mazars AUP as of 2022-12-07 still hosted. Re-check 2026-09-13 found no newer dated official Exchange PoR / attestation / wallet disclosure snapshot. STALE as current reserve evidence — do not present as current.

Limitations

This is not a “best alternative” ranking. Evidence differences can change as records are re-verified. Regional records do not imply global approval.