I like Mercatox a lot because they process transactions fast. Plus it gives a fee as low as 0.0001 btc when transferring bitcoin out. There are also tokens which are only listed at Mercatox with high trading volume. I have made profit using Mercatox and among other exchanges, I find it the most convenient.
Website: https://mercatox.com/
About mecatox
Mercatox is a cryptocurrency exchange that lists a large amount of BTC and ETH trading pairs. Launched in 2016, Mercatox is a modern P2P service for accessing e-currency and cryptocurrency exchange markets via its trading platform. Basically, such exchanges match buyers and sellers of cryptocurrencies. The service is running on blockchain technology, supported by the community, which significantly deters hacks. Besides, clients` personal information is not accessible by the service provider (it is only shared with your direct trading counter-parties).
The firm operating the site and the brand is headquartered in London, UK, but given the nature of its service, it is not licensed by the Financial Conduct authority, nor by any other regulator. However, the UK financial watchdog has not taken a definitive approach towards crypto-exchanges.
Mercatox is not a scam it is a good exchange which i am also using. Mercatox have more good feature such as :
Mercatox is a very sweet platform with really cheap withdrawals charges
They dont ask KYC if you dont need to withdraw big amount. Never had KYC but i did deposit and withdraw to it.
Good suppor customer: Compared to most exchanges, Mercatox has above average customer service experience. Customer support is available 24/7, and response times only take two to three hours on average. Many consider this to be a rarity in the space.
Conclusion
Mercatox is a UK-based cryptocurrency P2P exchange where you can trade in wide range of digital coins with reasonable trading fees. However, minimum deposit amounts are set and withdrawal fees also apply. While you can buy Bitcoin and a number of altcoins with fiat currencies, the deposit methods are limited to several e-payment systems, no credit cards and bank wire payments supported. Also, it seems that trading volumes on most pairs are quite low. To sum up the above