REVIEW OF MERCATOX 2019

in #mercatox5 years ago

Unlike most cryptocurrency exchanges that we find on the internet, Mercatox is a multifunctional cryptocurrency exchange that offers more than cryptocurrency trading services. Apart from providing trading services for a wide selection of cryptocurrencies, Mercatox also provides its clients with a lending platform, a multicurrency wallet and payment services. With more than 280,000 registered users, Mercatox has become one of the most talked about cryptocurrency exchanges in recent months.

Available in various languages such as English, Russian and Chinese, the Mercatox platform allows you to trade in several kinds of cryptocurrencies such as Bitcoin, Dash, Dogecoin, Ethereum, Litecoin, OkPay, Payeer, PerfectMoney, and Ya.Money. With its proprietary web-based trading platform, you can view prices from both the cryptocurrency markets as well as the e-currency market. In the e-currency market, the choices of currency pairs include the following:

BTC /OK USD
BTC /PM EUR
BTC /PM USD
BTC /PR RUB
BTC /PR USD
BTC /QIWI
BTC /YA RUB
MERCA /QIWI
PM USD /YA RUB
POINT /BTC

Fees and Charges

In terms of trading fees, Mercatox charges 25%. For withdrawals, the fees depend on the type of cryptocurrencies. The following table below gives an indication of the fees that Mercatox charges for withdrawals:

CURRENCY WITHDRAWAL FEE
Bitcoin (BTC) 0.0005 < FEE < 0.005
Ethereum (ETH) 0.002
Dogecoin (DOGE) 2
Litecoin (LTC) 0.001
DASH (DASH) 0.001
Bitcoin Gold (BTG) 0

Privacy
Like most cryptocurrency exchanges, Mercatox differentiates between unverified account and verified the account. Naturally, with verified accounts, the withdrawal limits are higher. Nevertheless, unverified accounts can still make BTC withdrawals limited to 0.5 BTC per day. For the verified account holders, they can withdraw up to the equivalent of 5BTC per day.

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