Review on UnicornX by larei bello
UnicornX
UnicornX exchange was launched in 2020 by Ravenland in partnership with OKEx exchange. The exchange is a platform trading of digital asset securities. Signing up to this exchange is very easy only few of your details are needed to successfully open an account on this exchange. UnicornX comes with a user-friendly interface which happens to be configured for mobile devices too making trading on thus exchange very easy. With the adoption of advanced technology like Hard wallet technology, GSLB, distributed server clusters UnicornX can proudly say it is aspiring a world leading trading platform for cryptocurrencies. Alot of cryptocurrencies are traded on this exchange including RavenCoin, Bitcoincash, Tron, Stellar, Ethereum and a bunch of others. Cryptocurrencies happens to be the only form of deposit on this exchange, this was fast though it might not be convenient for evert trader. There is no sure confirmation whether the exchange supports derivatives trading or not but surely the exchange supports margin trading and spot trading. Verification by KYC on this exchange usually takes time, especially the tine for confirmation, it took me three days of several trial before i could get verified. The fiat currencies supported here include USD, RUB, JPY, CNY, INR, IDR, VND, KRW but I didn't see any option that required fiat Deposit or perhaps it was still in development. As a new exchange, i would suggest to UnicornX to increase its publicity as an exchange because, the exchange seems to be in the shadows.
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Pros
- It supports multiple cryptocurrencies
- The user interface is enticing and user-friendly
- The fees here are generally cheap
- With modern technology, this exchange assures you of your fund's safety
Cons
- The exchange is not popular
