Why exchange coins at Mercatox

Mercatox review

Mercatox is a cryptocurrency exchange based in UK by Mercatox Ltd. It is the service with more than 120 coins offered. The platform started working in 2016. At the point of writing about 300,000 users are registered on it. It offered more than 100 cryptos right from the date of launch. Mercatox currency list is quite extensive. It is possible to find popular coins on the site though rare coins you’ve never heard of are also available.
Mercatox ICO plans to launch the lending platform as well based on peer-to-peer technology. The company accepts users from all over the world including US citizens.
The functionality of the platform is superb. Mercatox API works perfectly. The functionality enables to place limit, market and stop orders.

Fee

The same fee is charged during the trade. It is quite low – 0.25%. Each user can start trading many currencies, keeping them in a multi-currency wallet provided by the exchange.

When one needs to deposit, the following methods are allowed:

• Payeer
• OKPay
• YandexMoney
• QIWI
• Perfect Money

One can also deposit digital coins to Mercatox.
Among available fiat currencies are:

• Euro
• US dollars
• Rubles

The withdrawal fee varies depending upon the method employed.

It is worth adding that the platform has deposit and withdrawal limits, which differ upon the type of customer. Users are of two types on the platform: verified and unverified. The limits are considerably higher (0.5 BTC against 5 BTC a day) in case you are a verified user.

The site also has referral system with rewards for promotion of the site.

Safety

We all need the safest places to store our assets. This is the first question that comes to mind when we choose the trading place. One should not worry about Mercatox in this respect. The account is protected with 2-factor authentication.  It is worth remembering that crypto exchanges are frequently targets of hackers attacks. There was announcement once during DDoS attack on the exchange, and the owners urged clients not worry about safety of their coins saying that all assets are protected and safe.

Support

The clients are able to apply to customer support with their needs. There is live chat and email at their disposal.  There is not much information on work of the platform online. One has to make research to discover info concerning Mercatox at Bitcointalk forum. It is also be useful to follow Mercatox Coinmarketcap information.
Try to stay abreast with the latest news and innovations introduced on the site.

Other alternatives

In case the exchange does not suit you for some reason, there is a range of other alternatives you can try:

• The Asian site Dragonex provides the same service on a high level though it does not have such big selection of virtual coins as the site mentioned above.
• South Korean exchange Korbit has huge experience in the sphere as it was the first exchange, which appeared in South Korea.
• If you look for simplicity in trading Aidos Market is an excellent option. The crypto venue was developed with this idea in mind – to make it as easier as possible. However, it is still very reliable.
• The same can be said about Bitquick, the ideal place for cryptotraders in USA, which works legally in 49 states of the country. Start buying Bitcoin after ID verification easily. Quick procedure is guaranteed. It is a good option for casual buyers.
• Those who trade professionally, need the platform with features more adjusted to professional trading. The example is Bl3p focused on such customers.