Review on Mr. Exchange by Emmanuel Sunday
Mr Exchange credibility
experienceIinvesting in crypto has become a very good source of perceive income lately, exchanges are quite an essential tool for buying, trading and investing. Exchanges could also provide you with information about stalkings, initial coin offerings, and update you with latest news related to their services and the crypto market as a whole. Also the best exchanges are ones with a very favourable fees, good support, a very reputable seciry system and good user interface. But finding the one with the combination of all these futures has been a very hard
Mr Exchange which was earlier known as "Mr ripple" is a Japanese exchange which has been in action since 2017.
Talking about its services, the main thing to always look out for are the fees on an exchange. The fees on Mr exchange is really high which has brought a bad report about it on online forums on telegram and medium. The exchange is actually well designed with good user interface and a satisfactory level of security. But the fees of about 0.3% for both market markers and takers has make the exchange very uneconomical to use.
However bitcoin ripple and ethereum has a trading fee of 0.15%. You can deposit through wire transfer and crypto deposits but The exchange is said to have a 0 trading volume which indicates that it is out of service for now, though the website is still functional. I haven't use it in a long time due to low information and communication from the
Pros
- The user interface is satisfactory, good design
Cons
- Previous traders claim the system is not favourable due to high fees, some policies and restrictions.
- It doesn't have a good trading volume record. Which might means they are out of service.
