Review on DragonEX by Adedayo Adeniji
DragonEx Cryptocurrency Exchange
I hereby report my findings about DrangonEX which is an exchange located in Singapore and going by track record Singapore is one of Asia continent’s biggest founders of cryptocurrency exchanges, DrangonEx is US citizens compliant and it has a good variety of trading pairs with preference for BTC/USDT trading pair.
DrangonEx has mobile app supported by android and iOS, its trading fee for market takers is high compared with the market makers which actually enjoy a discount but comparing on the overall in line with the global trading average it is very much in line, its native token is DT.
It has a comparably high withdrawal fee which is not competitive, it does not support fiat currency deposit via payment card but accepts wire transfers and cryptocurrency deposit also its liquidity is great. It allows margin trading with no deposit fee.
Since its API is easy to navigate, I therefore recommend it to anyone one interested in it as an exchange to kindly make use of it.
Pros
- Good security measures in place
- It supports margin trading
- It has a native token known as DT
- No deposit fee required
- Low trading fee
Cons
- High withdrawal fee
- Does not support fiat currency deposit via payment cards
