Review on Simex by Alex Martakov
SIMEX platform is quite unusual and stands out from a number of conventional…
SIMEX platform is quite unusual and stands out from a number of conventional exchanges. First of all, we note that the platform is designed for both trading and investment.
As a trading platform SIMEX does not stand out from a number of conventional exchanges: everything is the same as everywhere. Even there is no choice of order type – it is one – limit.
But as an investment platform SIMEX is quite good: detailed information about each project, all the documentation is strictly checked, the project was voted by users to be included in the list of investments on the platform.
Easy and intuitive buying and selling investday with reasonable commissions.
As for the disadvantages of the platform, it is a mandatory detailed account verification (passport, address, Bank card), without which you will not be able to enter / withdraw money or perform any other operations on the platform.
Just minus we put a lot of unnecessary information, which only confuses the user. Almost all additional information and instructions are devoted to investments-it can be confusing: where is the exchange?
However, this can be justified by the fact that trading on SIMEX is conducted, as well as on other similar platforms, but there are not so many investment platforms with support for cryptocurrency in Russian.
A big plus of the platform is investment. SIMEX and positions itself as an investment platform, and then the cryptocurrency exchange. But this does not prevent it from entering the TOP 50 largest exchanges in terms of trading cryptocurrency.
Pros
- - Combination of trading and investment functions; - Low fees for input and output; - the ability to input and output Fiat (including Bank cards); - Many projects available for investment from Russia; - a Lot of trading pairs ; Simple and intuitive interface - Minimum commission - P2p exchange – you can send funds to other users by ID, phone number or email - ICO support and promotion - Ability to enter Fiat: USD, EUR, GBP, JPY, RUB - Inter-exchange cryptocurrency arbitrage-SIMEX has a page that displays more than 1,500 tokens and cryptocurrencies, as well as their rates on various exchanges. On this page it will be possible to create orders on any of the presented trading platforms, having a profile on SIMEX (in development) - Have your SMX token Only those projects that have passed the strict selection of the platform team, which checks all documentation for accuracy, get to SIMEX. Then users vote for the possibility of placing the project on the platform. Only after all the verification procedures the project gets to SIMEX, so the risk of investing in a dummy company is minimized. Peculiar properties Minimum initial investment Only proven and really functioning projects Many projects from Russia Opportunity to sell the investment share to other users Replenishment and withdrawal of money online is possible from most payment systems, as well as Visa and MasterCard
Cons
- Little things
