Review on XMEX by Sudais Quadri
Coming to be my best derivatives exchange
When I first got into the art of cryptocurrency and cryptoexchanges, I centered on only spot trading as this was the safest means of making my profit. But with time, I started to search for derivatives exchange as they seemed to be the trending topic at a particular point which was what made me start out my journey as a derivatives trader. One of the derivatives exchange I used overtime was Xmex Exchange.
Xmex Exchange is a derivatives trading platform, not only that, it is even a spot trading platform that supports a decent number of cryptocurrencies. The interface of the trading platform is very neat and smooth. In short, this exchange is very easy to use, Xmex Exchange lists the reasons why it should be your number choice when it comes to contract trading. They are:
✓ Smooth transaction: Xmex Exchange boasts that it can handle up to 20million transactions per second, this is a very good advantage if at all its true, though none of my transactions were slow.
✓ Financial security: Xmex has been able to come up with different security strategies to keep funds safe. It uses multi-layered security, two-factor-authentification and bank level security and cold wallets, all just to prevent loss of users funds.
✓ Efficient Customer support: Though I haven't had a chance to use the customer support, Xmex claims to offer 24/7/365 customer support.
✓ Real time price: this is to prevent losses by traders due abnormal manipulation of prices.
✓ Market depth.
Overall, my experience on this exchange has been good. The feature I can't wait to try out is the copy trading feature which might just be perfect for me since I just started as a derivatives trader
Pros
- All positive aspects which I personally encountered have been listed in my review
Cons
- I haven't noticed anything negative about this exchange
