At the same time, they refer to the fact that a number of promised options either do not exist, or they began to work with a delay. Sometimes there are problems with logging into the site mercatox.com but often this is due to overloading of the network, etc. The resource also has its own token – Merca, which will allow its owner to receive a stable profit from operations. The bidding, which included 20,000 Merca worth 100 Bitcoins, was successful, with nearly 5% e-coins sold during the first stage. Merca is not a cryptocurrency in the broad sense of the word; it can only be traded within the platform.
Popular futures
Still, is Mercatox a reliable crypto exchange that can carry out profitable trading operations with any cryptocurrency, or is it a scam? A detailed review of the site can provide answers to these questions and more. Interestingly, some of the biggest crypto exchanges globally do not operate in Canada. For example, Binance, which is the biggest crypto exchange platform in the world by trade volume, left the Canadian market in 2023 due to regulatory restrictions. There are over 535 crypto exchange platforms in the world.
October 12, 2015, is considered the official launch date of Mercatox. On the official website mercatox.com there is no information about its regulation and certification, and the address of its headquarters is not given. A platform offering cryptocurrency trading and e-currency exchanging. There are different reports on how long it really takes to withdraw money from Mercatox. Some users claim they withdraw their coins in a matter of seconds while others cannot withdraw for months without clear reason.
Wide Crypto Selection
Today, it is a unique project in the world of electronic money. The developers have successfully combined the most popular and useful features for traders, and their presentation and pleasing visual design continue to improve the resource. Here, the wishes of customers are taken into account, and the developers constantly strive to enhance the user experience. The exchange issues its own token, warning that it is not a coin, but a security that can be sold, etc. This is also an opportunity for users of the system to turn into Mercatox co-owners.
Mercatox Crytocurrency To Crytocurrency Trading
Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Before deciding to trade foreign exchange or any other financial instrument or cryptocurrencies you should carefully consider your investment objectives, level of experience, and risk appetite. Customer support is important for users because it increases the level of confidence they have in an exchange. Mercatox support team can be reach via live chat or email.
Such transfers usually take 1-2 working days to complete. Mercatox also allows instant cash-outs that run twenty-four-seven, to cards or bank accounts in exchange for extra fees (1 percent). Mercatox is considered one of the simplest platforms for cryptocurrency investing. You can easily register and deal in digital currencies within minutes.
- This way, they can effortlessly place market offers, and keep tabs on live market data, i.e., shares, currencies, stock indices, commodities, etc.
- Mercatox does not currently offer margin trading or leverage options.
- Mercatox supports over 200 cryptocurrencies, including the likes of Bitcoin, Ethereum, Litecoin, Tronix, Tether, Basic Attention, and many more.
- Be an early bird and get access to Datacoinz market news and all the latest trends, tips and advice.
Mercatox User Reviews
Unfortunately, the support team of Mercatox is not in a hurry to help such users. There is also an option of getting help through voice calls and by writing to the customer support through the website’s social media accounts, including Facebook, Twitter, and Telegram. Theoretically, Mercatox can be used in most countries as the terms and conditions don’t point to any country as prohibited. It is however stated that the use of the service can be prohibited in certain countries due to cryptocurrency-related laws. So it’s up to users to check if they can actually use Mercatox.
The agreement is valid when using the services or account. The client has the right at any time and for any reason to close his profile on the site, following the instructions set out on the service. The company may not disclose the reason for the termination or suspension of the account. “User Agreement” – is the main document of the project, which provides information on the rules of trading activities, as well as the duties of clients and organizers. Each user must read the agreement before starting registration on the exchange site.
Let us have a telephone number and speak with a person rather than have a silent help desk. Please respond to all helpdesk messages so that these issues get resolved. Any claims and lawsuits must be mercatox exchange reviews filed by the trader within one year after the occurrence of the claim. The client cannot use his account for commercial purposes, he will have to comply with the requirements of the resource, which actively supports the fight against money laundering. If the site suspects fraud in transactions, the client’s account will be blocked.
- To protect the integrity, the organizer can at any time at its discretion block access to the platform by users from certain IP addresses.
- The point of this Mercatox review is to provide honest and transparent feedback of the platform.
- The chance that the market order is not going to get filled is very little.
- I registered 1,5 month ago on Mercatox mainly because of good prizes for some altcoins.
My withdrawal of Cryptos are still in …
Fully verified users can buy up to 50K USD worth crypto every day. Mercatox enables entitled customers to learn about digital currencies through their educational resources offered. Users can even unlock lessons educational content and earn cryptocurrency in the process.
There is a popular cryptocurrency wallet My Wallet, which is convenient for quick deposits and withdrawals. There is no work with fiat currencies yet, but the creators of the site are already thinking about changing the policy of the exchange on this issue. The service charges a very modest fee for services, its size is always the same, regardless of the volume of funds transactions.