Review on IDCM by Temitope Babatunde
IDCM An Exchange That You May Wish To Know
IDCM exchange which is an acronym for International Digital Currency Market, is a Chinese exchange which was launched in April 2018. The website is available in both desktop and mobile version. It boasted of good liquidity and many cryptocurrencies can be found in this market. It is available in most countries but not in sanctioned countries like Iran, Iraq etc.
The exchange accept fiat deposit through wire transfer but it does not accept credit or debit card. Any supported cryptos can be deposited freely but wire transfer attract 2 percent fee. Trading attract 0.10 percent for both maker and taker. Withdrawal fee depend on which coin one is withdrawing.
It has it's own native token and it is stable based on Hong Kong dollar and the token is named VHKD, Virtual Hong Kong Dollar. They offered mining based on the trade a user carry out and the revenue from it is share as dividend with the users.
No strong support service for the users and the fund deposited are not insured in case of unforseen occurrencies, so knowing this fact can help the intending user to take a good decision.
Pros
- The website is available in about 8 languages.
- Wire transfer is available
- It shares dividend get from trade mining with users who met the condition.
- It is available on mobile application, this made trading at go easier.
- The exchange has good liquidity.
Cons
- No insurance for users fund.
- Lack good customer support.
