Review on KuMEX by Hasan Abbas
My review about KuMex
Hello to everyone. Today I will write to you about the KuMex crypto exchange. KuMEX was founded in Singapore in 2019, it is KuCoin's Bitcoin futures trading platform. Being supported by KuCoin has helped a lot in making the platform famous among people. According to my research, only American investors can trade on the KuMex exchange, and the fact that it cannot be used in other countries creates a big obstacle to the growth of the exchange.
If we look at the transaction fees, the transaction fees on the exchange are very low, which is very good for customers. Because new customers look more at transaction fees when choosing an exchange.
According to some information I have received, this exchange is merged with the KuCoin exchange, but I could not find an official statement about it. If so, this is very bad news, because the future of KuMex stock market looked so bright. That's all I have to write for now, thanks for reading my review.
Pros
- The support of KuCoin has caused the KuMex exchange to become famous among people and increase the trust of the customers in this exchange.
- Trading fees on the exchange are lower compared to other exchanges
Cons
- According to the information I have received, this exchange can only be used by US citizens.
- According to my research, the KuMex exchange was merged with the KuCoin exchange, but I could not find any official explanation about it.
- I could not find an official site or an app for the KuMex exchange
