Mercatox Reviews Read 4 Customer Reviews of Mercatox

So I think if stick to their rules everything will be ok. We weigh these indicators to calculate the trust score. The trading fee on this platform is about 0.25 percent, which aligns perfectly with industry standards. So, this means that the trading fees on the Mercatox exchange are quite competitive. Ultimately, the value of the Mercatox Exchange (฿) group depends on your interest in the Mercatox exchange and your risk tolerance. If you’re curious about exploring a new platform and potentially earning a small amount of crypto, it might be worth a look.

Mercatox have taken a different approach, whereby they are offering rewards for those who spread the word of their site. Bloggers, YouTubers, social media users and commenters can all earn rewards by promoting Mercatox. There is no fixed reward scheme as of yet, but those rewards will include discounted trading fees, double affiliate rewards and payment of interest. It offers a vast collection of cryptocurrencies to trade, and users can also earn staking rewards, among other things. Mercatox enables entitled customers to learn about digital currencies through their educational resources offered.

No Response from Fake Mercatox mobile app

As luck would have it, I stumbled upon gavibrenaid.com, a company that helps track down scams and recover lost funds and bitcoins. With their help, I was able to get my funds back. As we’ve already established, Mercatox exchange offers a bunch of products and services to its users. As one of the most comprehensive cryptocurrency tax software options on the market, we have import instructions for well over 500+ exchanges.

Mercatox Customer Support

This is in stark contrast to other financial applications or brokers that offer the promise of cryptocurrency trading but provide only a few of the most popular coins. Mercatox holds its customers crypto in its free wallet service. Users can even choose to hold their cryptocurrencies in separate wallets. Mercatox requires its users to finish a 2-factor authentication process to log in to their accounts. Other than that, Mercatox also has biometric login (fingerprints and Face ID) security as well as AES-256 encryption when it comes to private keys. Aside from all this, it helps to use strong passwords, i.e., ones that should not be used elsewhere.

• To open an account at Mercatox, the first step to get started is to provide your name, email address, password, and the state you live in.
• Users can even unlock lessons educational content and earn cryptocurrency in the process.
• Sending BTC to Mercatox and trading BTC for LTC went all fine.
• Different cryptocurrencies at Mercatox come with different limitations and set withdrawal amounts.

Is My Money Safe With Mercatox?

Once the account has been funded, traders can buy or sell electronic and crytpocurrencies using the available currency pairs. Mercatox claim to offer the most profitable rates available on the market so that investors will not need to look elsewhere to get a better deal. 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. Yes, Mercatox is among the safest web wallets available.

I tried to deposit eos it’s showed me…

Users can withdraw their crypto to fiat any time they want through an ACH transfer. Mercatox also allows instant cash-outs to cards or bank accounts in exchange mercatoc for extra fees. Mercatox is considered one of the simplest platforms for cryptocurrency investing. You can easily register and deal in digital currencies within minutes. Mercatox also offers a learning platform that rewards users with cryptocurrencies to learn about how they work. Crypto trading can be very lucrative if done right.

• Then you’ll see a table that outlines the possible methods.
• This is a clear and transparent pricing structure that does not attempt to disguise the fees being charged, which is certainly a welcome approach.
• This allows Mercatox customers to withdraw to authorized devices.
• Deposits to the site are completely free, but there are charges for withdrawals which vary according to the method used to withdraw funds.
• Users can earn quite a reward for referring other traders on the platform who get invited via a referral link.

Support options are available through the Mercatox website and apps. If you have an issue that needs to be resolved you also speak to a representative by filling out a form on the Mercatox website. Mercatox also has a help page for solving common problems with your Mercatox crypto account. Contrary to holding cash in a traditional bank, cryptocurrency is not secured under federal laws. Mercatox stores 98 percent of its users’ cryptocurrency offline in what is known as cold storage. The remaining 2 percent is meant for facilitating trading volume.

There is a News section on the site, but this is mostly used to announce new markets or promotions rather than to provide trading advice. The best suggestion is to search elsewhere for trading tips, and then put those suggestions into action using the Mercatox platform. DO NOT BUY INTO THE FAKE 5 STAR REVIEWS, STAY AWAY, SAVE YOUR MONEY.

There is also a Lending option for those who wish to take a risk-free alternative to trading, by lending funds to traders for them to use. Mercatox falls into the category of UNREGULATED platform. When choosing a platform, caution is warranted if the company lacks regulation by any overseeing agency.

He had the glass in his mouth & they didn’t do anything but say sorry. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Mercatox phone support can be accessed by called them on .

After that, you verify your identity (a two-factor authentication setup is recommended). Mercatox charges a percent flat fee on all currency conversions which you will have to factor into your crypto trading. You can use exchanges to trade one cryptocurrency for another like Bitcoin to Dogecoin. With Mercatox you can also exchange your cryptocurrency with fiat currency, such as the UK Pound or US Dollar. I have my ETH coins stuck on the Mercatox exchange now for 3-days; customer service is SPARSE to say the least. Margin Lending allows traders to make money without crypto trading.

We support a direct API code import for many centralized exchanges, while others may require a CSV import. Decentralized exchanges may require a wallet address. Remember that free crypto promotions are often used to attract new users.