Review on Mercatox by Digital Convict
Something brief about Mercatox
It is a DEx with 296 pairs and 185 currencies, in which you can find the most popular assets, even ones that you had no idea that could exist.
That is one of the reasons why it is a good exchange. Its design is not pretty, but it is a safe site.
Because of liquidity, the minimum amounts for deposits become high for those of us who handle a few dollars; The same for withdrawal fees.
It is possible that for this reason, the assets have a higher price than the regular market; That and another factor: The number of digits allowed by the platform in orders is less, by default the price rises.
That's where relativity comes in; That's a good thing or a bad thing, it all depends if you are the Maker or the Taker.
Currently, not even BTC has good liquidity here, the most reliable assets to date are LTC, ETH and TRON, so you must be careful with which asset you deposit. You should also check which withdrawals are suspended.
Either way Mercatox is a serious, reliable exchange. It may not look modern like others, but it is available to all kinds of needs. I don't know if it is for people who are just starting out or for experienced users. What I do know is that it is always good to have an alternative like the one this exchange offers.
Pros
- It is the site for exchanging popular currencies or "rare projects".
- The name is very striking
Cons
- Little liquidity in most of its assets
- The design makes it seem forgotten.
