Review on XCOEX by Pedro O. Alvino M.
Regulated exchange with trading of crypto assets and fiat currencies.
Constituted as a centralized exchange, it has a trade in cryptocurrencies and fiat currency, in this case the USD, in which cryptocurrencies can be purchased with a bank card, either by debit or credit card and also with SEPA, where the rate It is stipulated at a maximum 2.99% per deposit.
The number of cryptocurrencies listed on the exchange is very low, in which it only admits 11 crypto assets and several pairs of exchanges either for USD, ETH and BTC, where the minimum amount of trade is varied but very high, limiting to a large extent to operators with very little capital.
The exchange also has an app for mobile devices, either android and iOS, in which they have had very little download rating and reviews, in addition to a large part of the users have reported certain technical failures in terms of delays in the KYC verification and process retirement.
Being regulated, it generates a bit of confidence, in addition to functionality and design it is very understandable but in terms of developing new types of cryptocurrency trading it is far behind other exchanges with a low number of cryptocurrencies.
Pros
- It has live chat and telegram chat for technical support.
- Allows trade with fiat currency and the purchase of cryptocurrencies with a bank card.
- Its platform and interface design is simple and different from other cryptocurrency trading platforms.
- Supports multiple languages in the exchange.
- It has an excellent affiliate program.
- Contains versions for mobile devices.
Cons
- Some users have reported multiple delays in verifying the exchange's KYC.
- It has very few cryptocurrencies listed.
- Withdrawal fees and minimum trading amounts are very high.
