Review on Mexo Exchange by Joseph Bello

Name: Mexo Exchange
Item: Mexo Exchange
Rating: 4

April 07, 2021

An exchange from Mexico

Mexo Exchange is a regulated digital brokerage from Mexico founded by Maggie Wu a female developer ,this is why the exchange caught my attention and interest as most exchange I have been using with information about their developers disclosed are mostly male and I was interested in seeing how far she has gone with her innovative idea.
 Mexo Exchange came into spot light in 2020 with lots of features like the margin, spot ﻿and future trading to provide both experts and beginners with essential trading tools and a trading academy to enlighten & help traders utilize the exchange's features making it very easy to trade on Mexo exchange and so I found their trade platform easy to navigate even for the newbies .
 The exchange has a very competitive trade fee of 0.075% makers fee and  ﻿0.095% takers fee but the more you trade on Mexo exchange the more your chances of having a lower trade fee,this made the exchange very attractive to most Mexican traders and within a year of existence the exchange had made an enormous liquidity and 24 hours trade volume.
 The exchange is not available in many countries as of now, their service is only approachable by traders in countries where their services are accepted with exception of countries like Iran,USA,Iraq,Syria and the likes.  ﻿The exchange's support team is not yet stable I guess this is because it is still nascent but on a lighter note the support team is a fundamental unit of any trade exchange which should not be neglected at all to established a cordial relationship amongst customers and the exchange's service providers, so there is an urgent need for them to work intensively on that aspect.
 They have a mobile application which is very helpful especially in taking part in competitions organized regularly with amazing rewards to compensate the top participants ﻿.
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Pros