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Lagos
1 Level
22 Review
167.5 Karma

Review on Mercatox by Temitope Olowookere

Revainrating 3 out of 5

My Review on Mercatox

It is amazing how that recently, Mecatrox have become a fast growing cryptocurrency exchange platform.

This could be as a result of the newly launched feature know as a "A lending platform" This is a feature that allows you to be a lender to other traders on Mercatox. Isn't this Fascinating?

But there is a negative side of this platform.
Mercatox is not a regulated platform hence the chances of loosing money is on the high side.

I have read several complaints from traders who expressed their disappointments as regards challenges faced with while attempting to withdraw their funds on Mecatrox.
It could take as much as an entire week or more. This is highly discouraging.



Pros
  • Flat trading fee of 0.25%
  • multifunctional cryptocurrency exchange.
Cons
  • Not available on Mobile trading App.
  • It does not support for fiat currencies at the moment hence, your Mercatox account can not be funded through bank transfer or credit cards.