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Pedro O. Alvino M. photo
Venezuela
5 Level
886 Review
1576.5 Karma

Review on MyCoinStory by Pedro O. Alvino M.

Revainrating 4 out of 5

Centralized cryptocurrency derivatives markets.

Composed as a centralized exchange, the architecture of the asset trading platform based in Singapore, consists of a high security encryption network that protects the information of the operator, where cryptocurrency trading models, whether they are futures markets and perpetual.
Its cryptocurrency exchange mechanism is integrated with high order processing, in which it also allows the operator to customize said order, so that the operator can customize how much profit and loss margin they will have when executing an order.
Thanks to the association with the renowned company Bitgo, they have a wallet section with an excellent security mechanism in which the handling of crypto assets, cold storage and multiple signature technology stand out, in addition to having a 24/7 multilingual customer service .
The exchange just launching in the middle of the year, it will be difficult to have a good user base given that a large part of the exchanges with the longest experience cover the market more, therefore, without proposals that attract users, it will be difficult for the exchange settle down in the future.



Pros
  • They have a market for perpetual contracts and futures.
  • It has an automated and customizable order system.
  • Provides 24/7 multilingual online chat and customer support.
  • They add various events and bonuses with rewards within the exchange.
  • They have an offline wallet system with multi-signature technology.
  • Integrated with a first level TPS and encrypts all the information of the operator in the exchange.
Cons
  • It does not yet have a version for mobile devices.
  • Very few currencies supported.