Review on Finexbox by Joseph Bello
Finexbox exchange
Finexbox is a crypto currency exchange for coins like BTC,LTC,ETH,TRX,USDT and more. I tried signing up on the exchange but it wasn't responding so I decided to do some research from which I was able to know that the exchange hasn't been functioning for a while and some of the prices and features of the exchange were outdated. Taking a glance through some of the exchange's features I was able to make a conclusion that the exchange would have been a good spot for traders since it supports margin trade which allows traders to make gains on trades in multiple gold's and a margin funding features for making yields and interest, with a competitive flat fee of 0.1% but it was quite unfortunate that the exchange has its own lapses that can't be over looked by traders. The exchange doesn't allow traders to withdraw their funds so it makes so sense depositing funds into the exchange when you can't withdraw them ,so in a nutshell the exchange is of no relevance to crypto traders.
Pros
- Margin trading
- Low fees
Cons
- Couldn't sign up
- The exchange's features haven't been updated
- Withdrawal can't be done
- The prices of some assets are not correct
