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Mercatox

United KingdomUnited Kingdom
Full trading platformmercatox.comSince 2016
Intuitive Ease of use, High Privacy, Wallet platform Private Keys Stored
  • Overview
  • Security
  • User Experience

Volume 24H: BTC 191.99/24h

Mercatox is a new cryptocurrency exchange that integrates a peer-to-peer trading and a full trading platform. Transactions are made through secure Ethereum smart contracts, bypassing the exchange's platform. The platform can be used by both experienced traders and beginners who wish to combine trades of different types of digital money.

The platform combines automated trading with a payment service and a peer-to-peer exchange. There are three types of orders: Limit, Market, and Stop order. Fees are fixed and differ from one coin to another. They keep their users updated through social networks and offer loyalty programs.

Crypto Currencies Support

  • BTC
  • DASH
  • DOGE
  • ETH
  • LTC

Traditional Currency Support

  • EUR
  • USD

Language Support

  • Chinese
  • English
  • Russian

Country Support

  • Australia
  • Canada
  • China
  • European Union
  • Hong Kong
  • Japan
  • Most Africa
  • Most of Asia
  • Most of Eastern European Union
  • Most of Latin America
  • Most of the Middle East
  • New Zealand
  • Norway
  • Russian Federation
  • Singapore
  • Switzerland
  • Turkey
  • United Kingdom of Great Britain and Northern Ireland

Platforms Systems

  • — Mobile App
  • — Web Interface

Stock Market Options

Interface customisation:

  • — Not

Advanced Options:

  • — Limit Order
  • — Market Order
  • — Stop Order

Discounts For The Big Traders

  • — Reduced Maker Fees

Mercatox claims to keep clients' personal data extremely safe and secure, but there is no other information provided. They also assure their users that all the activities on the platform are constantly monitored and that they take great precautions around their security systems.

Summary:

2 Factor AuthenticationYes
Funds InsuredFunds Are Not Insured
Private Keys Stored OnExchange Platform
Storage TypeHot

Advanced Security Features:

  • — Ability To Define A Withdrawal White List
  • — Ability To Limit Access To Account Based On Ip Address
  • — Limit Amount Of Daily Trades
  • — Limit Amount Of Daily Withdrawls
  • — Monitor Bahavior Patterns For Suspicious Activity

Security Features:

  • — Protection From Ddos Attackes
  • — SSL

Legal Registration or Compliance:

  • — KYC / AML Compliant

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.

Summary:

Mercatox is a platform that integrates a lot of different functions. Unfortunately, users are posting a lot of complaints regarding slow customer service and suspected scams. Users who signup for their services are advised to transfer their funds to secure external wallets as the platform experiences frequent down-times and has not been fully proven to be secure.

Ease of useIntuitive
Transaction Fees0.1-0.29%
Deposit/Withdrawal FeeFixed Fee
Deposit/Withdrawal Fee For Bank TransferN/A
Deposit/Withdrawal Fee For Credit CardN/A
Deposit/Withdrawal Fee Charged For 3rd party PaymentsIt's Free (fees May Be Hidden)
Anonymous TradingYes

Deposit/Withdrawal Options:

Deposit using 3rd party, Withdrawal funds through a third party, Send/Receive Crypto

Functionality:

Mercatox allows users to keep their anonymity for transfers under 1 BTC. A wallet is provided for each supported cryptocurrency along with professional tools for traders. The platform offers unique cryptocurrency pairs and favorable conditions as well as a variety of payment methods.

Most common customer complaint:

— Blocked accounts, long processing time, fraud accusations