Recently, this cryptocurrency exchange succeeded to gain quite a large popularity among the traders anđ this is Mercatox. The review below will provide you with insightful information about this crypto exchange.
Advantages
A large number of digital coins are offered for trading.
Several fiat currencies supported on this exchange.
A user-friendly interface of this crypto exchange
Mercatox allows the users to take advantage of leverage trading.
Mercatox appears to be a decentralized peer-to-peer cryptocurrency exchange.
Disadvantages
Low liquidity and trading volumes
The Mercatox exchange remains unregulated
There are many negative reviews about this exchange
Slow trading platform and poor charting.
Security
As it has already been mentioned in this Mercatox review above, this cryptocurrency exchange appears to be a modern decentralized P2P network. It implies that it allows the buyers and sellers to find each other and carry out transactions. Considering that in such a case you buy (or sell) cryptocurrencies not from the exchange, but from the other users, it may be far more risky.
Mercatox exchange is a decentralized one, based on the blockchain technology that is supported by the company’s community. That implies that it would be much more difficult to hack this exchange than ordinary centralized crypto exchanges.