Review on OceanEx by Naomi Ilani

Name: OceanEx
Item: OceanEx
Rating: 4

May 18, 2021

I Love Their Competitive Trading Fee

WWith the rapid innovation in the blockchain network, it is virtually a necessity for an exchange platform to offer its traders nothing lesser than the best. Over the course of checking out some exchange platforms on the blockchain network, I came across one of them that seems to be quite interesting and enticing to use. This made me want to make a review on this exchange platform.
This exchange platform is known as the OceanEx exchange platform. It happens to be one of the many exchanges that have interested me lately. It is an Australian exchange platform that is registered in the Cayman Islands and was established in the year 2018. The exchange platform got me in their trading fees majorly and that would be the next topic or focus of discussion.
In a world as diverse as the blockchain network, setting up a standard fees is almost a necessity to help watch or control the amount companies charge traders. This has been the reason why there is an industry's average of 0.25% for trading fees in exchange platforms. Almost all exchange platforms charge completely different from this average. Some charge higher, while some charge lower. Those that charge lower are considered to charge a competitive trading fee. As for the OceanEx exchange platform, they charge both the makers and takers of a trade a fee of 0.1% I guess you can now see why I got interested in their trading fees. 
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