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Pedro O. Alvino M. photo
Venezuela
5 Level
886 Review
1576.5 Karma

Review on EQUOS by Pedro O. Alvino M.

Revainrating 2 out of 5

Adapted for the use of institutions and individual operators.

An exchange with the advantage of trading both for institutions, whether it is private, in which it will also be available to individual operators, where they will have the facility to manage multiple accounts at the same time, although the exchange pairs and available currencies are scarce, its system of processing is very fast.
With chat for technical support, it is estimated that you are always online, but given the time zone of each country, the response by the advisor usually takes time, in addition to requiring a KYC verification that in a certain way this generates more security for the platform, but given the little information of the exchange, not a requirement that should be chosen.
The absence of included currencies and the volume of trade that is not supported by any platform, can have a negative impact for the exchange considering that it is designed for the use of companies or institutions, since this reason they usually handle large amounts of assets, which as far as I am concerned it would not be advisable to trade on that platform.



Pros
  • Designed for the management and trading of crypto assets at a legal and personal level.
  • Offers management to manage multiple accounts in total synchronization
  • Add two-factor authentication
  • It has chat with acceptable technical support.
  • Ability to handle 100,000 transactions per second on the platform
Cons
  • Very few cryptocurrencies added
  • The withdrawal fees in Fiat currency are really excessively high, in addition to not providing information about the withdrawal fees in cryptocurrencies.
  • Volume not verified.
  • KYC verification is required.