What are the advantages of the SCEX exchange?
What is the SCEX exchange?The full name of SCEX is Sacom Cryptocurrency Exchange Joint Stock Company. The company’s predecessor was Loc Phat Vietnam Cryptocurrency Exchange Joint Stock Company (LPEX), established on September 30, 2025, with an initial charter capital of VND 6.8 billion.
To meet the scale of operations and the stringent requirements of the new management framework, on February 11, 2026, the company made a strategic turning point by increasing its charter capital to VND 360 billion. On April 28, 2026, the company officially changed its name to Sacom (SCEX). The current leadership team is headed by Mr. Nguyen Duy Phong as General Director and Legal Representative, along with founding shareholders including Mr. Duong Van Quyet, Ms. Nguyen Thi Bich Ngoc, and Mr. Vu Phat Dat.
Essentially, SCEX is not simply a crypto trading application . The platform is designed as an infrastructure layer connecting digital assets, the traditional financial system, and domestic legal regulations through Resolution 05/2025/NQ-CP on piloting the crypto asset market and Law 71/2025/QH15 on the Digital Technology Industry.
Objective review: Advantages, limitations, and expert advice.
Advantage
- Legal optimization: Operating within a controlled pilot program, minimizing the risk of violating foreign exchange management regulations.
- Convenient payment: Eliminates intermediaries through USDT , shortening the time for depositing/withdrawing money to personal bank accounts.
- User protection: Features a segregated custody mechanism, risk insurance fund, and official eKYC integration.
Limitations & Notes
- Under review: Despite completing the first round of evaluation, SCEX has not yet received its official operating license.
- Initial liquidity: Compared to established international exchanges, the liquidity of domestic trading pairs will take time to accumulate.
Experience and action orientation
The emergence of domestic infrastructure signals that Vietnam’s digital asset market is gradually moving towards transparency. You can stay updated on the detailed licensing process through the article on the SCEX cryptocurrency exchange licensing process, or learn more about new policies such as the proposal to use digital assets as collateral for loans, to proactively develop a suitable investment strategy.
Summary
The SCEX exchange marks a commendable effort in building a purely Vietnamese cryptocurrency trading infrastructure that is legally compliant and optimized for domestic users. While awaiting official approval from regulatory authorities, the thorough preparation in terms of technology, legal compliance, and community training demonstrated through the SCEX Simulator shows the platform’s strong potential for growth in Vietnam’s digital financial era.【Vietnam Crypto Exchange】