Mercatox Broker Review
A Brief Overview Of Mercatox
Mercatox crypto currency exchange started in 2016 and operates under the larger Mercatox Ltd band. Moreover, it has headquarters in the United Kingdom. According to the crypto broker’s official documents, the peer-to-peer digital currency exchange also seeks to establish a new ‘Financial market in the digital world’ equipped with more services and abilities.
Digital assets traded on the platform
Mercatox is all about peer-to-peer crypto currency exchanges and therefore doesn’t support fiat to crypto exchanges. The broker also has over 100 crypt coins and currency pairs listed and they include:
- Bitcoin
- Ethereum
- Ethereum classic
- Dogecoin
- Dash
- Ripple
Deposit and withdrawal fees
Deposits into the platform are free. Transactions on Mecatox platform are, however, subjected to a 0.25% charge on both the taker’s and maker’s amounts. In addition, withdrawal charges vary depending on the currency and the amount.
Customer service
Mecatox is a multilingual platform with a support team that is conversant with English, Russian and Chinese languages. Clients can also contact support through by sending them a ticket on the contact us page, email: support@mercatox.com, or through their Facebook, Twitter, and Telegram handle.
Pros
- Access to a wide range of digital assets
- Transparent fee model
- A loyalty program that appreciates supportive clients
Cons
- Limited information on broker or parent company
- No mobile phone app
Verdict
Mercatox exchange has a host of factors, from an elaborate website, transparent charges, and extensive digital currency asset working for it. But there is also little information about it or its owners, and also performs poorly on the crypto websites online security check.
