Review on KuMEX by Elvin Akhmed
Being supported by Kucoin has been a big help to KuMex development
KuMEX is KuCoin's Bitcoin futures trading platform, which was created in Singapore in 2019. KuCoin's support has gone a long way toward making the platform well-known. According to my study, the KuMex exchange is exclusively open to American investors, and the fact that it cannot be utilized in other countries poses a significant barrier to the exchange's expansion.
When it comes to transaction costs, the exchange has relatively cheap transaction fees, which is great for clients. Because when it comes to picking an exchange, new consumers are more concerned with transaction costs. This exchange has merged with the KuCoin exchange, according to the information I've got, however I couldn't locate a formal announcement about it. If that's the case, it's awful news, because the KuMex stock market's future seemed so promising.
- The exchange's trading costs are lower than those of other exchanges.
- Because to KuCoin's backing, the KuMex exchange has become well-known, and consumers' faith in it has grown.
- The KuMex exchange does not have an official website or app that I could discover.
- Only citizens of the United States can utilize this exchange.
