Review on EXX by Robiul Islam
Global Blockchain Asset Trading Center.
This is a cryptocurrency exchange, commonly focusing on SouthEast Asia. The conditions offered by the company are very fascinating. That being said, this exchange has the potential to become an even bigger player in the future.
General Information about EXX
This is a Hong Kong cryptocurrency exchange. There are loads of currency exchanges from Hong Kong. There is a non-complete list of these exchanges competitors Binance, Bit-Z, Quoquine and BitFlip.
The exchange seems to permit US investors. However, as always, US investors should evaluate their own problems or any problems arising from citizenship.
An attractive feature with this exchange is that it allows you to have 10 sub-accounts. In this way, you can invest and separate your funds.
EXX Trading View: The web-based platform provided by EXX is very cool. It is slightly reminiscent of the one at bitFlyer, you should yourself determine which trading view that suits you the best. What the views normally have in common is that they all show the order book or at least part of the order book, a price chart of the chosen cryptocurrency and order history. They normally also have buy and sell-boxes.
All the fees and charges: This exchange doesn’t charge different fees between takers and makers. Their flat fee is at 0.10%. This fee is far below the industry average which is around 0.25%. The exchange charges a withdrawal fee amounting to 0.001 when you withdraw BTC.
Security: The funds are stored in a cold wallet according to protocol. In order to avail those, customers are provided with 2-factor authentication to protect the wallet from being accessed by hackers or from any unauthorized usage. Thus in terms of privacy and security of the funds, the company has managed to earn a good reputation for itself.
Pros
- Due to its global nature, the company has two main version of its trading platform.
- Nice trading platform. Solid number of altcoins.
- Very low fees.
- Leverage is available.
- Positive user reviews.
- Provides good customer care and support system for its users.
Cons
- Contradicting information about leverage.
- The company mainly focuses on the Southeast Asian cryptocurrency market.
- Little information about the company.
