Is it currently possible to register on the Vietnam SCEX exchange?

Is it currently possible to register on the Vietnam SCEX exchange?

Vietnam’s SCEX Exchange has NOT yet opened live fiat deposits or real-money spot trading to the public. However, the platform officially launched its “SCEX Simulator” trading app. Users can now download the official application from app stores to experience risk-free simulated trading, while real-money trading with VND fiat on/off-ramps remains under government pilot evaluation.

1. SCEX Operational Status & Recent Milestones

1. Now Available: SCEX Simulator App

   • SCEX (Sacom Crypto Asset Exchange Joint Stock Company, formerly known as LPEX) released its SCEX Simulator app on iOS and Android.

   • Designed for education and risk-free testing, the simulator allows users to register and practice trading in an environment synced with real-time global market data using simulated funds (denominated in VND). No real funds or mandatory KYC deposits are involved.

2. Not Yet Available: Live Fiat & Spot Asset Trading

   • Live deposit options, fiat (VND) clearing gateways, and real-asset order matching remain closed to the public.

   • Any third-party website or individual promising “live deposit access,” “pre-sale token accounts,” or unofficial APK downloads poses a severe fraud risk.

3. Regulatory Evaluation & Licensing Progress

   • SCEX is among the valid applicant entities submitted to the Ministry of Finance under Resolution No. 05/2025/NQ-CP.

   • The company completed its initial compliance review phase with state regulators. Live trading services will launch immediately upon official pilot approval from government authorities.

2. Fraud Prevention & Security Warnings

Given the high market interest in SCEX as a potential licensed pilot platform in Vietnam, fraudulent impersonation tactics have emerged online:

• Use Official Channels Only: Never click on “SCEX internal deposit links” shared in unverified Telegram, Zalo, or social media groups.

• Distinguish Between Simulator and Live Accounts: The only legitimate app currently live is the educational simulator. Do not transfer real crypto assets (USDT, BTC, etc.) or fiat money to any “SCEX pre-deposit address.”

• Official Launch Announcement: When live trading goes live, official announcements will be broadcast via state media and major financial outlets.

3. Summary & User Guidance【Vietnam Crypto Exchange】

• Can you log in right now? You can log in and test the SCEX Simulator app for learning purposes. You cannot log in to trade with real money or deposit real funds.

• Recommended Next Steps: Download the official simulator app from official app stores to familiarize yourself with the platform’s user interface and order-matching mechanics, while tracking updates from the Ministry of Finance regarding pilot license decisions.