Review on Mercatox by Pedro O. Alvino M.
Exchange with accessible rates
Mercatox start from 2016 and with availability of a large number of cryptocurrencies and with excellent pairs of exchanges, its operation can become a bit complicated in addition to its design it is a bit difficult to understand the order system for those beginners in the market, but its multi-currency electronic portfolio is functional, in which also its withdrawal rate is one of the most accessible, however in withdrawal limit it is complicated, large amounts could no longer be withdrawn for those unverified users.
Another determining factor is that it does not have a mobile application, something unusual since most exchanges already have a mobile application or a beta phase of it, but Mercatox does not yet have that development yet.
Pros
- Wide range of cryptocurrencies and tokens
- Multi-currency electronic portfolio
- Exchange commission does not exceed 0.25%
- It contains margin trading
- Your withdrawal rate is one of the most accessible than other Exchanges
- Technical support with multiple reception channels
- It contains live chat
- Ability to place limit orders
Cons
- Limited information available online
- Low transaction volumes in several currency pairs
- It has no application for mobile devices
- Ambiguous and complicated to understand design
