Review on MyCoinStory by Thalhat Tee
Another derivatives exchange I've explored, not so bad though
MyCoinStory Exchange is an international derivatives exchange which was registered in Seychelles but has its headquarters in Singapore and South Korea. This Exchange has been in existence which means that alot of modern day technologies have been used to create this exchange, it clearly stated at the bottom of it's page that the exchange was founded by various expert in cryptocurrency.
The exchange offers very high leverage rates and this is accompanied by extremely low fees which is in favor of the makers. The exchange charges a fee of 0.075% for each completed order and even comes with leverage rates as high as 150×. MyCoinStory Exchange boasts of about 250,000 transactions per second. The exchange actually got me doubting its legitimacy when i discovered that it had been marked as untracked listing on CoinMarketCap but had a trading volume of $937,346,447(as at the time of writing this review).
Pros
- The exchange provides excellent leverage rates
- The user interface is quite okay
- Trading here very easy
- The trading fee is very low
Cons
- The exchange has little members in its Telegram group
