Review on Lukki Exchange by Adedayo Adeniji
LUKKI EXCHANGE
Lukki Exchange is a Cayman Islands born cryptocurrency exchange and it was released in 2019.
Lukki Exchange charges you a flat rate of 0.05% as trading fees for you being taker and maker, when compared with the industry's average it is competitively cheap and low, it charges you 0.001btc as withdrawal fee which is far higher than the industry's average.
Lukki Exchange doesn't accept fiat deposit through wire transfer and credit card, it only supports crypto deposits and therefore new users can't trade with Lukki Exchange as it doesn't qualify for entry level exchange.
It only supports fourteen cryptos with trading pairs of 25 and trading volume of $17,600,839 which is a fair liquidity but I submit to you that this exchange's site link now reverts with error 522 and it was claimed that lately in year 2020 Lukki Exchange stopped processing withdrawals, so please be careful and stay guided and guarded.
Pros
- Its trading fee is competitive
- It has a fairly good liquidity
Cons
- Its withdrawal fee is too high
- It only accepts crypto deposit without fiat
- Its site link now reverts error
