Pros and cons
Pros
Access to an extensive range of cryptocurrencies
Transparent 0.25% fee on all trades
Multi-currency e-wallet
Ability to place limit, market and stop orders
Loyalty program that rewards users who promote the platform
Cons
Limited information available online
No credit card or bank transfer deposits
Withdrawal limits and fees apply
Low trading volumes on many currency pairs
No mobile trading app available
Next steps
If youve compared several cryptocurrency exchanges and youd like to open an account with Mercatox, you can do so by following the link on this page to the Mercatox website. Youll need to provide your email address and create a password to open an account and start trading.
However, you can verify your account by providing your full name, address, contact details and two pieces of ID, which allows you to access a higher daily withdrawal limit. We also recommend that you set up two-factor authentication to provide an extra layer of security for any funds you deposit into your account.