Review on Simex by Joseph Bello
My Simex Experience
Simex is an online virtual currency exchange that trades with both flats and crypto, the exchange trades coin like BTC,ETH,EOS,LTC,OMG and the likes. The exchange is an ideal trading platform for both the experts and non experts, the new traders can make purchase on the exchange using flats,through the Visa and master cards, this makes it easy new entry traders to make use of the exchange instantly without having to purchase assets on other exchange accepting flats before coming back to trade on the exchange. Simex's website graphic layout was awesomely wonderful, the trading view was clear and accurate I was able to study the accurate market price of assetson the trade view. It had several language for foreign traders to chose from making it accessible to many user.
The exchange allows p2p trading on its exchange ,this has allow traders in countries were strict bans are imposed on crypto to trade with ease, the good news about the exchange is that it allows US traders on its platform unlike others.
Simex's fees are low they charge a flat fee of 0.1%,I recently purchase some SMX token to enjoy their discount on my transaction fee,the fees were quite amazing as far as I can say. The exchange doesn't have a mobile app and telegram I hope to see that added to the exchange, must especially the telegram were all users can get to interact with one another about their experience and hassle
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Pros
- Tight security is assured
- High liquidity is also assured
- Low and cheap withdrawal fee
- Multiple language are available
- It allows US investors to trade
- It allows p2p trading
Cons
- No telegram community
- No mobile app
