Review on WEX by Adejoh Samuel
Wex exchange, the rebrand of BTC- E
Wex exchange a multi currency exchange platform that is also available in mobile apps. It accepts fiat payments for various crypto currencies like the litecoin, Bitcoin, ethereum, Bitcoin cash and so on.
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Wex exchange is claims to be based in Singapore but has ties with Russia. This exchange platform is considered a rebrand of BTC-E. An exchange which has some dubious past. People consider it a scam exchange platform and so it is not good for recommendation.
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Wex exchange offers a trading fees of 0.20%. Which is the average trading fees for other industry. The withdrawal fee for this exchange is 0.001 BTC, when you withdraw with BTC.
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In wex exchange, US investors are band from using this exchange.
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When it comes to deposits, you can't deposite with a credit card. But it offers wire transfer.
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Pros
- Accepts fiat payment for various crypto currencies like bitcoin, litecoin, ethereum, Bitcoin cash etc
- available in mobile apps
- multi currency exchange
Cons
- some regards it as a scam exchange platform due to it's past.
- US - investors are not allowed to use it
- not a recommendable exchange platform.
