Review on FEX by Kehinde Oluwakemi
FEX An Exchange Platform Created For China Citizens
FEX is a decentralized digital assets trading platform created in 2017 from Hong Kong with the target to finance china's digital matket, which could be a very good opportunity for the exchange Platform because China has a very large volume of citizens that makes transactions.
FEX allow users to buy,sell and trade some Altcoin with almost 30 trading pairs at affordable rate which is not up to averages industry rate. It provides services in two language which is English and Chinese. Unfortunately for investors and traders that are not from China, they may not be able to trade on FEX Exchange.
Pros
- It has high trading volume.
- Transaction fee is affordable on the platform
- It allow users to trade Altcoin.
Cons
- Not accept fiat currency
- It provides services in just two language
- Non citizen of china may not be able to trade on the platform
