Review on C-Patex by Fanuel PORPORTY
C-PatEx is a a relatively small exchange, launched and operated by a family team from Patagonia, Argentina. Behind the brand is the company MAG Sistemas
C-PatEx is a digital asset platform, based in Argentina. It offers low-cost trading in quite a lot cryptocurrencies, in addition to the local fiat currency, ARS. In order to use C-PatEx, crypto-traders need to verify their e-mail address. To withdraw, they must verified their identity either by Two Factor Authentication (2FA) or a code sent via SMS. Identity verification via ID card and other legal documentation is required only for users who trade with ARS (Argentinian Pesos).
Pros
- C-PatEx charges Both Market Takers And Market Makers with a fee of 0.15% per trade, which is comparatively low amount.
- Another major advantage of C-PatEx is the fact that it offers solid number of altcoins.
- Apart from the decent coin offering, C-PatEx works with Argentinian Pesos (ARS).
Cons
- Like most similar platforms, C-PatEx does not provide trading on margin.
- The only fiat supported by this exchange is Argentinian peso.
- It looks like trading volumes all pairs at C-PatEx, except LTC/BTC, are quite poor. Low liquidity of assets means that they can be easily manipulated.
