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José A Rodríguez photo
Valencia, Venezuela
4 Level
1087 Review
776 Karma

Review on Mercatox by José A Rodríguez

Revainrating 3 out of 5

MERCATOX: An Exchange Yet to Growth

Different exchanges keep a good job of raising more benefits for more chances of trading cryptocurrencies with more safety and at better rates. There are hundreds of projects running in the crypto market. Some of them are even good lending platforms. Others have just sections for exchanging and storing. However, both focus on the trading process offering excellent benefits.

Mercatox is an exchange that was released in the middle of this decade. Since its first digital movement, it has been offering a tradable system to exchange some cryptos. It does not have many features to choose, it is just an exchange, and also offers an E-wallet. Again, it presents the same exchange windows as most of the exchanges in the global digital market.

What I like about this wallet is that the Revain token is admitted to it, although it just presents exchanges with Bitcoin. The exchange fee is a little bit high, and the value reduced. However, overall rates are low, so it is profitable to trade with many coins without losing so much in commissions and predictions.

I noticed in any browser the user applies for login the exchange, Mercatox runs a digital checker software before conceding access. That is the type of security implemented. On the other hand, the company revealed they are assessing the process of boosting Mercatox as a community of global finances trading. It has a very active team, which can be found in almost any social media frequently used.

For me, this exchange needs to expand its services and ensure its privacy at the moment of exchanging. The longer the sections are for raising more utilities, the better the exchange will be.



Pros
  • It is a good service with multiple features linked to the exchange section. It shows a good margin of trading and a safe peer-to-peer crypto exchange.
  • +120 cryptocurrencies are listed. Perhaps, it is not so much, but the most tradable coins are included in it.
  • A large community of trading joined.
Cons
  • It needs language updates because it is only available in three languages. This means it does not offer good global coverage.
  • It is not multifunctional and it does not offer promotions.
  • Standard platform. It has not a bad interface, but it is not high-quality.
  • There is not a mobile app available.