When you trade ICP, the native token of the Internet Computer blockchain, designed to run apps and services directly on the internet without cloud servers. Also known as Internet Computer, it’s not just another crypto — it’s an attempt to rebuild the web using decentralized computing power. Unlike Ethereum or Solana, ICP doesn’t rely on third-party cloud providers. Instead, it uses a network of data centers around the world to host websites, apps, and even social media — all without Amazon or Google. That’s the big idea. But in practice, trading ICP is messy. Volume drops. Liquidity vanishes. And price swings aren’t always tied to tech progress — they’re often driven by hype, exchange listings, or rumors about institutional buyers.
ICP trading happens mostly on decentralized exchanges like Uniswap v2, a popular decentralized exchange that lets users swap tokens without intermediaries and centralized platforms like Binance or Kraken. But here’s the catch: many of the exchanges listed in crypto guides are ghost platforms with no real trading activity. You’ll find posts about GSAE, a crypto exchange with zero trading volume and no regulatory status, or CherrySwap, a dead DEX with no users and no audits — all of which sound promising but deliver nothing. When you trade ICP, you need to know which exchanges actually move the needle. You also need to watch for fake airdrops or scam tokens using "ICP" in their name to trick new traders. The real ICP token has a clear contract address — anything else is noise.
What drives ICP’s price? Sometimes it’s network upgrades. Other times, it’s just speculation. In 2025, traders are watching how many dApps actually launch on the Internet Computer. Are people building real tools, or is this just another blockchain with pretty whitepapers? The data shows slow adoption. Trading volume is thin compared to top coins. And while some posts talk about "ICP as the future of web3," the reality is closer to "still figuring it out." If you’re trading ICP, you’re not just betting on tech — you’re betting on whether enough people believe in it to keep the price up. That’s why you’ll see posts here about ICP trading patterns, exchange reviews, and scam alerts — not because the project is booming, but because it’s risky, misunderstood, and full of traps for the unprepared.
Below, you’ll find real reviews, price analysis, and scam warnings from traders who’ve been burned — and those who’ve learned how to navigate ICP’s rocky path. No fluff. No promises. Just what’s actually happening in the market right now.
ICDex is a technically advanced decentralized exchange built on the Internet Computer blockchain, but with only $94 in daily volume and minimal liquidity, it's impractical for most traders. Learn why it's a niche experiment, not a viable crypto platform.