Review on ExMarkets by Maikudi Dantala
The developers should work more on their project
This is another smaller exchange which I explored just of recent. It is called exmarket. Traders know this exchange to be very expensive in times of it trading fee. The trading fee is supposed to be lowered, because it is not all traders that can afford it, especially the beginners. You can imagine a small exchange that does not even have advance features like other smaller exchanges like TCHApp and many others, is charging a very high trading fee. Though the withdrawal fee differs, depending on the crpto you want to withdraw. I don't know of other exchanges, but for Bitcoin I particularly search for it, due to it is the number one known currency. To my greatest surprise it was known to be 0.0035btc. while for other transaction fee is around 0.12%. I think this idea of high trading fee is not affordable for some traders, therefore this can make them lost interest in trading here. Only with EUR, deposit through credit card is allowed. The exchange is just supported few countries, this is an unfavorable condition for most traders.
In a nutshell, I advice the developers of this exchange to build more on the platform.
Pros
- It very fast
- Good securing system of users funds
- It also have a great user interface coupled with partially responsible customer service
Cons
- It only allows EUR as the only fiat
- Am I not satisfied with the trading fee, since it is a small exchange it is supposed to have lower fee for attraction
- The telegram group is not too active
- The customer support team should offer 24hrs support in order for the exchange to be seen more responsible
