Review on EXX by Temitope Babatunde
Good Exchange But Not Transparent Enough.
EXX Exchange is an exchange established in Hong Kong with Asian market in view, though it accepts users from any part of the world. It was launched in 2017 by EXX Group Ltd. No much information about the team except that they mentioned the name of the company and this in itself is a kind of red flag.
It has support for English, Korean, Japanese and Chinese languages. The trading overview is fine and not difficult for even newbies to understand. There is marging trading for those who are advanced trader. But it do not have support for fiat deposit, so it is not ideal for new users except they will pass through an exchange that accept fiat deposit.
It has support for various market like bitcoin, ethereum, HDR, USDT, QC, Qtum. No KYC to use the exchange just email or phone number is required to register. For security purpose there is provision for 2factor authentication.
The fees are good with 0.1 percent fees for both maker and taker and when it comes to withdrawal fee it is lesser than what is obtainable in the global market. The customer support service are also trying except for english platform where there use to be problem.
So, in brief it is a good exchange which must however, be use with caution because of lack of transparency on the part of the team.
Pros
- Store users fund in cold wallet for security purpose
- Has good trading fees for both maker and taker
- A user can have up to 10 sub accounts.
- It has both ios and android application, this makes trading at go easier.
- The website and the platform has support for many languages.
- Withdrawal fee is better.
Cons
- No support for fiat deposit.
- There is complaint about English support.
