Review on Mercatox by LUIS RIVERO R
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Mercatox was the first exchange that I used when entering the world of cryptocurrencies, and since I use it I have not been disappointed in terms of its security and ease of use. Without many setbacks you can create your account and start trading by entering fiat or some cryptocurrency, fees for using the platform are low in the same way to make withdrawals, that is, if you are going to make small transactions Mercatox is the perfect exchange to start making your Asset purchases can save them in your digital wallet as long as you want, however my recommendation is to keep in some cold wallet to avoid losses. They are always listing new projects so you can be aware of the new.
Basically Mercatox is safe and easy to use. offering excellent customer service.
It has been active since 2016, it is one of the exchanges that has had fewer problems throughout its life, for this reason I recommend this service to everyone.
Updated 5 years ago
Rating changed from 5 to 4
At the moment it does not offer mobile application, that becomes like a great disadvantage since some traders require to be at all times connected due to the changes that are made frequently in the criptodivisas, in addition to this the majority of the current cell phones offer good technical characteristics.
Some currencies have a high transaction fee.
This exchange also aims to be a platform for payments and implementation in businesses such as wallets, however it does not yet have a mobile version, and I would like to try a decentralized platform as well.
Pros
- Possibility of making deposits in fiat.
- Ease of integration by merchants, this to receive payments.
- More than 350 pairs available.
- Advanced security level.
- Easy to create account and use, from the beginning you can start buying and selling.
- For some withdrawals you do not have fees.
- Ideal for beginners.
- easy-to-use transaction interface.
Cons
- The payment processors that mercatox uses are not well recognized in Europe or elsewhere.
- it is not possible to make deposits directly in fiat.
- Some markets are relatively low.
