Review on Nanex by Ernesto Palma
Nanex, an inactive trading platform.
Nanex, is a digital currency exchange house that has compatibility with 9 cryptocurrencies including Bitcoin, Litecion and Ethereum. Their trading rates are really low compared to other markets, being well below the industry average. This exchange does not accept deposits in fiat currency or credit cards, but it does accept transactions in digital currency deposits and withdrawals. The security on your website is quite good since it has 2 authentication factors and provides the anonymity of the users.
Nanex currently has its site closed, so it no longer supports the registration of new users to its platform, it has its website completely closed. This exchange obtained a medium security score but still took the initiative to close its operations of cryptocurrency exchanges and no longer provides information on its peer-to-peer trading crypto exchanges.
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Pros
- It offers 2FA security, online storage and even anonymous account.
- It offers 9 compatible currencies on its platform.
- It charges a withdrawal fee that amounts to 0.00025 BTC, being one of the lowest in the exchange industry.
Cons
- Nanex's country of residence was never clear.
- He announced to the public that his services will be closed, and he is no longer accepting new users on his platform.
- It allowed US investors but not from the New York or Washington regions.
- Non-operational website.
