Overview

Mercatox is a multifunctional cryptocurrency exchange that offers more than cryptocurrency trading services. Apart from providing trading services for a wide selection of cryptocurrencies, Mercatox also provides its clients with a lending platform, a multicurrency wallet and payment services. With more than 280,000 registered users, Mercatox has become one of the most talked about cryptocurrency exchanges in recent months.

Languages

Available in various languages such as English, Russian and Chinese, the Mercatox platform allows you to trade in several kinds of cryptocurrencies such as Bitcoin, Dash, Dogecoin, Ethereum, Litecoin, OkPay, Payeer, PerfectMoney, and Ya.Money. With its proprietary web-based trading platform, you can view prices from both the cryptocurrency markets as well as the e-currency market. In the e-currency market, the choices of currency pairs include the following:

BTC /OK USD
BTC /PM EUR
BTC /PM USD
BTC /PR RUB
BTC /PR USD
BTC /QIWI
BTC /YA RUB
MERCA /QIWI
PM USD /YA RUB
POINT /BTC

With the platform, you can set the order type, the price and the amount as well as the direction of the trade. Once executed, you can view the order history in the order book window. The platform also lets you trade on margin. And with margin trading, Mercatox also give you the option to be a lender to other traders.

Deposit and Withdrawal Options

At present, Mercatox deals purely in cryptocurrencies. It has no support for fiat currencies and as such you will be unable to fund your Mercatox account through traditional funding methods such as bank transfer or credit cards. Instead, you fund your Mercatox’s account using cryptocurrencies. Mercatox provides its clients with a multicurrency wallet with the following type of digital currencies below.

CURRENCY WITHDRAWAL FEE

Bitcoin (BTC) 0.0005 < FEE < 0.005
Ethereum (ETH) 0.002
Dogecoin (DOGE) 2
Litecoin (LTC) 0.001
DASH (DASH) 0.001
Bitcoin Gold (BTG) 0

Conclusion

Mercatox is one of the best P2P exchanges currently on the market. This fact is due to its numerous advantages, advanced features, and a bulky set of supported cryptocurrencies. As previously mentioned, the exchange is not perfect, but it should fit most traders perfectly.