Review on Hopex by Sudais Quadri

Name: Hopex
Item: Hopex
Rating: 5

February 06, 2021

Giving Derivatives exchange a brighter look on Hopex

Derivatives Trading just started getting popular especially in the crypto aspect of finance. Derivatives trading have become a source of great profit as well as losses. Derivatives exchanges help to increase the efficiency of the financial market, it even helps in the transfer of risk and usually comes with lower cost of transactions. Well, i will be looking into Hopex exchange, a centralized derivatives exchange platform which was launched in 2018. This exchange was built with alot of advanced technological resources. The exchange on the website comes in a very nice interface which has been well customized for mobile. I didnt really use the exchange's website for long as i did most of my trading on the mobile app. The only thing i did on the website was to check for fees and register. I simply logged in on tue mobile app which was even more designed than the website, the mobile app had a very sleek and unique design. This exchange has almost 600,000 active users and even recieved license from Canada, Australia and United States of America. As for the Trading fee on this exchange, Hopex only charges 0.05% fee which confirms the initial statement i made about the lower cost of trading on derivatives exchange. They claim to store users fund in cold storage in order ro prevent avoidable online hacks and theft. The exchange has a very enticing and attractive leverage, this exchange provides leverage of 100 which is quite high as well as the risk it comes with. Trading on Hopex has given a brighter side to derivatives exchange
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Pros

Registration is easy
The mobile app os best for trading
It is a recently launched exchange
The interface is proffessional and advanced
Leverage of up to 100 is very attractive
The trading fees are very cheap
The exchange supports margin trading
This exchange has well over 600,000 users
Users funds are secure especially with the use of cold of cold storage to store funds
It has recieved licensed from Canada, Australia and United States of America
The Twitter page is very active
There is even welcome bonus for new users