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Review on Cryptonex by Ali Huseynov

Revainrating 5 out of 5

Cryptonex is a very useful and popular exchange.

Cryptonex is a cryptocurrency exchange headquartered in the United Kingdom that was founded in 2017. It has its own cryptocurrency, the Cryptonex (CNX). The exchange is merely set up to accommodate newcomers. As a decentralized exchange, it allows for peer-to-peer (p2p) trading between investors.

It's also worth noting that such transactions are extremely secure, as client information is stored on servers in many locations. Aside from that, cryptonex has an inbuilt multicurrency wallet that provides a safe refuge for all crypto assets by storing them in cold storage offline.

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The exchange was originally solely web-based, but since 2019, it has introduced mobile functionality, allowing customers to trade while on the go. The transaction cost is reasonable. This exchange charges a fiat cost of 0.10 percent, however the withdrawal fee is greater than the industry standard of 0.0005 percent. It can charge as much as 0.001%. Overall, this is a positive, respectable, and recommendable transaction.

Pros
  • Transaction costs are quite cheap.
  • The level of security is quite high.
  • The level of satisfaction is above average.
Cons
  • I don't see serious bad side.