Review on n.exchange by Sudais Quadri
Fees are too high on N dot exchange
N dot Exchange is a non custodial exchange which was launched in United Kingdom. The exchange offers a faat, transparent and reliable transaction, this is all possible through the powerful API used by the exchange. The exchange comes with an acceptable interface which is well designed and the webpage also has good web responsiveness. Looking say the bright sides, N dot exchange allows users to buy and sell cryptocurrencies with fiat currency like USD and EUR which can be deposited or withdrawn via credit cards or debits cards. The exchange also provides users with fast transaction execution. N dot exchange offers a good number of cryptocurrencies for users to choose from, all which can be traded against crypto pairs or fiat pairs.
On the other hand, the exchange haa high trading fee of 0.5% for makers and takers, this is a very discouraging fee and no user will choose an exchange that charges 0.5% over an exchange that charges less. In general, the high fee structure of this exchange can/will chase away potential traders. Even the fee tied to deposit via credit card is high, the exchange charges a fee of 7% for use of VISA cards or MasterCard
The customer support of this exchange is fairly good, responses are delayed but they are assured.
Pros
- Bitcoins and altcoins are traded here
- Transactions are processed at a very nice speed
- The exchange has a very powerful API
- The customer support is quite okay
Cons
- Everything is good about this exchange, but the fee structure is very bad and expensive
