Review on Shortex by Fanuel PORPORTY
Shortex - A cryptocurrency exchange
Shortex is a stock exchange launched in January 2019. The stock exchange already has more than 70,000 registered traders with a transaction volume of more than 36.8 million USD according to Coinmarketcap (APRIL 2020). This trading volume is quite decent. Like many other exchanges, Shortex has a restriction on how US investors can use its platform. However, they are not entirely prohibited. The negotiation costs are naturally low. During this exchange, they are not divided between takers and makers. Each party to a transaction pays the same fee: 0.10% of the value of the order.
Pros
- The user interface is pleasant, simple and intuitive
Cons
- Shortex charges a withdrawal fee of 0.002 BTC when you withdraw BTC. Shortex's withdrawal fees are quite far from the average (around 150% higher).
- This exchange does not accept any other deposit method than cryptocurrencies, so new crypto investors are restricted from trading here.
