Mercatox is convenient and advantageous platform for trade, exchange of various currencies, which can be used by both experienced… Bollinger bands, MACD and other indicators can be integrated with the range of charts which update in real time. Investment research tools include insider holdings, stock screeners, financial calendars, historical EPS as well as watchlists and alerts. As a total package, Webull offers a very comprehensive selection of investment tools to allow traders to gain valuable insight into the performance of the markets.
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.
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It keeps 98 percent of its assets in offline cold storage. Mercatox also ensures other ways to safeguard funds, i.e., two-factor authentication and AES-256 encryption. Your wallet is also covered up to 250K, courtesy of FDIC Insurance. Mercatox offers remarkably high limits and they depend on the user’s account level.A user’s account level is determined by the amount of information they have verified.
- Such transfers usually take 1-2 working days to complete.
- Through the security analysis, it has been identified as a potential suspicious website.
- One thing that I know that on this exchange prohibited double accounts.
- A traditional loyalty plan rewards people based on the amount of trades they make, or the size of their accounts.
- I star with 200 after i did the transfer they ask me 500 to payme the profit.
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However, after weeks of testing, our final verdict is No. We recommend Bitstamp or Poloniex as far more complete and secure centralized exchanges. Mercatox fails to provide any information about its staff on its website and promise fake returns. These deceptive practices raise significant doubts about the credibility and trustworthiness of this platform. They don’t go by your schedule & if you want full time or a certain day off they won’t give it. Plus one time my husband food had glass in it & they never gave us a free meal.
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.
- Choose “create an account” and move on to verify your email.
- Mercatox also has a help page for solving common problems with your Mercatox crypto account.
- I’m compiling a legal package against Mercatox, if anyone would like to contribute their issues/experiences to this please feel free to contact me.
- Contrary to brokers focused on trading, Mercatox enables traders to take custody of their cryptocurrency assets for themselves.
Stablecoins are meant to mitigate volatility in relation to digital currencies like Bitcoin. Stablecoins are usually pegged to stable reserve assets like the US dollar or gold. Contrary to brokers focused on trading, Mercatox enables traders to take custody of their cryptocurrency assets for themselves. Mercatox provides its cryptocurrency wallet, but traders can bring their wallets. This way, traders can pick the solution that suits them the most. For the longest time was unable to withdraw or trade.
Users can even unlock lessons educational content and earn cryptocurrency in the process. Mercatox allows users to take custody of their cryptocurrency assets themselves. Users can either use Mercatox’s crypto wallet, or their own.Mercatox also has over 3 fiat currencies available including USD, EUR, RUB all accessible to registered users. Mercatox works best particularly for active retail traders seeking to trade as well as store multiple digital currencies, as it offers an element of convenience. They currently have 83 coins/tokens listed as mercatoc not available. There are 55 coins in maintenance that if you have coins in you have no access to them.
Staking generates revenue from traders’ holdings as they are utilized for validating transactions in a digital currency. Mercatox shares that type of reward with its traders. Mercatox takes care of the technical side, and the extra coins are sent to the trader’s account on an established schedule. With Mercatox standard cryptocurrency to fiat withdraw fees varies by cryptocurrency,instant cash-out of your Mercatox account. A withdrawal fee of (Fees vary) may also be required for certain 3rd party payment methods instead of using cleared bank funds.
Mercatox Exchange (฿) – GROUP
We will review the content and take necessary action as soon as possible. We will review and take action as soon as possible. Telegram is a messaging app that has gained immense popularity over the past few years, and it’s not just limited to personal use.
Its been over a week and my BTC funds are still processing
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.
Scammers employ persuasive tactics to convince you to make an initial minimum deposit. They entice with promises of doubling the deposit within 24 hours and similar claims. After obtaining the initial deposit, more experienced scammers may be brought in to extract additional funds. The cycle persists, but it is possible to put an end to it, even if you’ve fallen victim to their deceitful promises. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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.
Mercatox.com operates as a suspicious website with multiple red flags that compromise its trustworthiness and user safety. This is a good company as long as you don’t ask for your money back. Because if you do, you’re going to have a problem. They will keep coming up with all kinds of silly excuses for why you can’t take your money out.
The tools available from the Webull app allow investors to carry out fundamental and technical analysis. Investors can take advantage of analyst recommendations to assist with trading advice and tips. Dealing with an unregulated company like Mercatox increases the risk factor of your money. Once the money is deposited with it, it stops responding to the queries.. Therefore, we do not recommend you to invest money with Mercatox. Outgoing Mercatox transactions to outside crypto addresses normally require a network fee, also known as a mining fee.
Mercatox Review Verdict
However, please be prepared to provide proof of your business’s legitimacy. Please note, we never charge website owners for reviews or reconsideration requests. For more information, please review our Disclaimer. As of September 24, 2025, Mercatox.com has a very low trust score of 1/100 according to our algorithm. Through the security analysis, it has been identified as a potential suspicious website. Our detection system has found multiple risk indicators, and we recommend avoiding this website.