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Mercatox Reviews, Trading Fees & Cryptos 2025

Mercatox Reviews, Trading Fees & Cryptos 2025

mercatox exchange reviews

To cater to their multi-lingual clientele, Mercatox has made its website available in 3 different languages, English, Russian and Chinese. For the customer support service, you can reach out to the support team through email or through the support center. With the platform, you can set the order type, the price and the amount as well as the direction of the trade. Once executed, you can view the order history in the order book window. And with margin trading, Mercatox also give you the option to be a lender to other traders. The multi-functional platform is suitable for both beginner and experienced cryptocurrency traders.

Mercatox Wallet

Previously a sales and marketing expert, he has been an author covering cryptocurrency and financial markets for the last decade. He holds a bachelor’s degree in international business from Saimaa University of Applied mercatox exchange reviews Sciences. While Mercatox does have a stellar history and clean security record, they aren’t public with the background security information and processes that help secure the exchange. Mercatox has a bare-bones version of a trading platform. While there are multiple customization options, the trading platform meets the basic UI requirements.

For those who prefer simplicity, Mercatox forgoes the typical taker and maker fees of most exchanges by offering a flat 0.25% trade fee, which is on the lower end of the scale. Verified users also immediately qualify for the Mercatox affiliate program that offers commissions for referrals, as well as subsequent trade commissions. For those of us who have been through many crypto cycles, we have come to value security most of all. Unfortunately for Mercatox, despite having resolved major issues in the past, it remains too low on our overall evaluation of trust to suggest trading on the exchange at this time.

  • Staking generates revenue from traders’ holdings as they are utilized for validating transactions in a digital currency.
  • While Mercatox does include Know Your Customer or KYC regulations as part of the sign-up process, it isn’t a prerequisite.
  • Be crafull it’s a scam exchange even the cryptocurrencies inside all are fake, if you deposit any amount you will never withdraw it and they will eat it all.
  • Companies can ask for reviews via automatic invitations.
  • Mercatox charges a flat fee of 0.25% when executing a trade.
  • To be fair, I found a number of interesting features and advantages during my time on the platform.

Cryptos (

Stablecoins are meant to mitigate volatility in relation to digital currencies like Bitcoin. Stablecoins are usually pegged to stable reserve assets like the US dollar or gold. I registered 1,5 month ago on Mercatox mainly because of good prizes for some altcoins.

Paybis Review

mercatox exchange reviews

E-wallet transactions are processed immediately, but for cryptocurrencies, at least two confirmations must occur before the funds are credited to the account. Different cryptocurrencies at Mercatox come with different limitations and set withdrawal amounts. You may only be able to trade some with fiat currencies like the US dollar. They can also purchase crypto with funds in their Mercatox wallet.

Multiple Payment Getaways

Mercatox is a product of Mercatox LTD, a company based in the United Kingdom. The team behind this exchange,”plans to provide not just a service with different abilities, but also to create a new financial market in the digital world”. There is no information regarding the people that founded this platform.

Deposit and Withdrawal Options

Mercatox does not charge a fee for deposits made into the multi-currency wallet. The exchange provides almost 360 different trading pairs, and you will find all the popular pairs, including Litecoin, Bitcoin, Ethereum, Dogecoin, and Dash. Additionally, Mercatox gives users the option to initiate instant payment gateways. The accepted payment gateways include OKPAY, Perfect Money, Qiwi, Payeer, Yandex Money.

Company details

  • In the past, there were payment gateways that were allowing users to buy crypto coins or deposit fiat money.
  • On the same date, the platform’s 24-hour trading volume was USD 16.2 million, giving it place no. 84 on the list of the exchanges in the world with the highest 24-hour trading volumes.
  • These systemic security concerns are coupled with a history of user reports that indicate frozen funds, withdrawal failures, and weak resolution when problems do arise.
  • All kinds of stop orders can be placed via this exchange, and lending can also be carried out.
  • The information mentioned above is just the tip of the iceberg when it comes to my experience with Mercatox.
  • Between 74-89% of retail investor accounts lose money when trading CFDs.

However, it seems that as of January 2022 the Lending feature is inactive. Worst scam exchange, high rates, high minimum for withdrawals, full of scam coins, an interface from 1995. About MERCATOX and our plansMercatox is a modern service for accessing e-currency and crypto currency exchange markets.

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