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Pedro O. Alvino M. photo
Venezuela
5 Level
886 Review
1576.5 Karma

Review on CCFOX by Pedro O. Alvino M.

Revainrating 3 out of 5

Cryptocurrency derivatives trading with leverage.

Cryptocurrency exchanges have developed new trading models that benefit the operator in an estimated time and given the fluctuations of the cryptocurrency market, many add risk control systems, real-time monitoring of the different crypto assets on the market and other security systems that protect the operator's investments, in which the CCFOX exchange is one of the few cryptocurrency derivatives trading platform that adds several trading models.
The team developed a learning tutorial for those operators with little experience in this field, where it indicates several learning courses and experts teaching live, in order to stimulate the operator to manage their funds with total security. Trading within the exchange adds both the future contract market and the perpetual contract, where both commercial models have the same rates in terms of creation and taking of the order, in addition, it will also be possible to have a settlement system through third parties with the contract of futures that will also have a fee for such immediate liquidity.
The cryptocurrencies that it includes are very few but they are the ones with the highest capitalization and market volume, although it is worth adding that there is very little information about the volume generated in the exchange and given the low community that it contains in its social networks, the volume that is Trading can be relatively low, this due to the large number of exchanges that exist, so despite having different trading mechanisms in cryptocurrencies, the presence of operators in the CCFOX exchange is very low.



Pros
  • Consists of cryptocurrency derivatives trading with leverage and order customization system.
  • Associated with Cobo Custody, experts in cryptographic asset management.
  • Add OTC trading and futures contracts with very low trading fees.
  • Offers a learning course on the different trading systems of the platform.
  • It has 24/7 customer service.
  • It has an immediate liquidity system through trusted third parties.
Cons
  • Very low community in social networks.
  • Limited information on the trade volume of the exchange.
  • Only allows the purchase of cryptocurrencies only in CNY currencies.

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