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MARY
4 Level
581 Review
286.75 Karma

Review on QuadrigaCX by SERDAR SEYLİYEV

Revainrating 3 out of 5

I think it supports big investors the most.

This exchange, which primarily targets the trading of BTC and ETH currencies, seems a bit more popular compared to the exchanges in its vicinity.
I'm a little concerned when it comes to using the exchange. As I guessed, the design of the stock exchange is nice, but there are many articles and features that I do not understand. I have been using the Quadriga exchange for a few days now and I think I will learn how to use it if I use it a little more. However, this can be negative for new users.
There is cryptocurrency and fiat support for trading on the exchange. However, I think the number of cryptos is very small compared to other exchanges. While transactions are developing very rapidly, transaction fees appear to be very high. So it may not be suitable for small investors.
One feature that I do not like in Quadriga stock exchange is that the advantages in my country are low compared to some countries. So I think it is more advantageous in countries with large investors in the stock market.
Sometimes I encounter errors during deposit and exchange transactions. However, I am not getting a response from the customer support team to resolve these errors. This means that the exchange does not care about small investors. Of course, this is my personal opinion, it may not be the same for everyone.
As for the security issue, I have never heard of any hacks, but I think it uses advanced security technologies in its security system.
To be honest about the stock market in general, if you are a big investor, you have more advantages in the stock market, if you are a small investor, I think there are exchanges with more features.



Pros
  • The design colors and placement look attractive.
  • Transactions are very fast.
  • Crypto exchange can be made with fiat currency.
  • More advantages in rich countries.
Cons
  • I think its use is mixed.
  • transaction fees are very high.
  • It is not well known
  • Very few cryptocurrencies support it
  • You may encounter errors during transactions.
  • I could not reach the customer support team.