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Danh Huỳnh Ngọc Công photo
Vietnam
1 Level
167 Review
416.5 Karma

Review on MBAex by Danh Huỳnh Ngọc Công

Revainrating 3 out of 5

I highly recommend professional traders to trade on MBAex. This exchange has…

I highly recommend professional traders to trade on MBAex. This exchange has shown that they are doing serious business. From what they are delivering, I can see that they are experienced players in the financial field. The exchange is more likely to be built for institutional traders than the individual traders. Besides, they still need to implement some popular features that the top exchanges like Binance or Huobi are having



Updated 5 years ago
Rating changed from 4 to 3
Negative point: There are only four available languages: Chinese, Korean, English, and Japanese. They should add more to serve many other traders from all over the world



Pros
  • - The support chat box is available, very useful - A lot of documents are required to ensure security and encounter money laundering - Mining is available to reward the active users - The volume is not so bad although there are only 17 trading pairs - Users can trade with fiat - Registration progress does not take so long - Security level is very high - They allow internal transfers - Minimum deposit limits for most of the currencies are very low - They have a specially regular voting competition for promotion - C2C trading is a very distinguishing feature - Very strict listing rules - They publish many in-depth pieces of research - Professional brokers can partner with them - They have many social media channels - Trading on this exchange is very simple - They work with some trusted advisors
Cons
  • - BTC withdrawal fee and minimum deposit limit are high - No stop-loss function is available - No market function is available - There are only 17 trades at the time of writing