Review on KuMEX by Killer Bean
This exchange should be reinstated
KuMex exchange is a centralized exchange launched in Singapore in 2019. This exchange offered Derivatives, spot trading and margin trading. The name KuMex actually stands for KuCoin Mercantile Exchange which indicates that it was a derivative of Kucoin Cloud. There is nothing much to say about the exchange because the exchange has been inactive for a while because several sites have recorded a $0 trading volume for KuMex over a long time. It was a crypto assets trading platform but only supported Bitcoin as at the time it was active. Trading here would have been mich of an experience especially the exceptionally low trading fees. For trading here, every transaction usually attract a 0.06% fee for takers and 0.02% for makers introducing one of the deepest liquidity in the cryptomarket. The exchange offered derivatives trading where perpetual swaps and futures were possible coming with leverages up to 100×. It was quite unfortunate to discover that the exchange jad gone inactive. The exchange also happened to be a multilingual, offering languages like English, Chinese, Spanish, Korean, Italian, Russian, Turkish amongst a range of others. This exchange would have been just perfect if it had still been active.
Pros
- All the positive features are not useful since the exchange is now inactive
Cons
- The exchange has gone inactive
