Hong Kong has always shown a keen interest in cryptocurrency trading from the very beginning days and thus as a result, today more and more cryptocurrency portals are showing interest in opening up new branches there. Today, we will look into one of such well know cryptocurrency portals which has gained much popularity in Hong Kong and around the globe in the cryptocurrency world. This review is all about EXX Exchange Cryptocurrency Company and merits and demerits. Before we start, let us look back into the background of this business house and how everything started.
Background of the company
EXX established itself in Hong Kong as one of the most prominent cryptocurrency exchange houses to serve crypto traders globally in the year 2017. Under the guidance of EXX Group Ltd., the company from the very beginning has mainly focused on the Southeast Asian cryptocurrency market and does alter few trading conditions in order to gain dominance over the other rival business houses.
To make the site more global, it has rightly introduced the English version of the website for the better understanding of all traders. The company has its official website known as “exx.com” from which it operates globally. The company mainly deals in Bitcoins, Litecoins and Ethereum, but other cryptocurrency variants are also available along with different other Blockchain assets.
Portal
The portal of EXX cryptocurrency exchange is quite simple and very much informative for the traders and users. Once you log into your account and start trading, you will be able to find out and keep a track of different ups and lows of transactions currently taking place. Due to this very informative nature, more and more traders around the globe are looking forward to getting associated with this portal. The accessibility of the portal is suitable both for beginners and advanced users.
Fee structure
The fee structure of the portal of EXX is very decent which helps a lot of the customers to use this portal without any issues. In terms of the fee attracted to the customers, it is pretty low. The portal does allow a decent commission structure as well for the betterment of trading. Market makers and takers are charged with 0.10% fee respectively which is quite minimal when we compare it with the offerings of other cryptocurrency business rivals working. The traders on this portal are charged with 0.1% flat fee, but the deposit is totally free.
Tradable cryptocurrencies
In terms of tradable cryptocurrencies, this portal does have a total of 24 asset pairs and including a different variant of coins like Bitcoin, Ethereum as well as other well-known coins as well. INK, QTUM, HSR, MONA, EOS, XUC, QASH, BCC, XWC, TV are few other favorite trading altcoins. Due to this availability of a huge number of altcoins this trading portal is one of the most favorite cryptocurrency platforms for a number of users around the globe.
Options for trading
In EXX funding and withdrawals are done only through cryptocurrencies. The portal does not currently provide any other provision for trading and does not support fiat currencies as well. This is one of the most inconvenience features that the portal has. Leverage trading facility is available for the users. Margin trading is also supported by EXX. In order to trade here, you need to first get registered with this cryptocurrency portal and then you can trade.
Privacy and security
In order to judge the quality of service provided by any cryptocurrency platform, we need to first look at the privacy and security measurements that the individual portal takes in order to safeguard the funds. In this case, the company of EXX has received a good review from its users.
The funds are stored in a cold wallet according to protocol. In order to avail those, customers are provided with 2-factor authentication to protect the wallet from being accessed by hackers or from any unauthorized usage. Thus in terms of privacy and security of the funds, the company has managed to earn a good reputation for itself.
Customer support
EXX does have a reputation of providing good support to the customers globally. For the help of the customer and users, the portal of EXX has provided help section where users can get and avail basis information and answers to all of their questions that they frequently come across.
The portal of EXX has also provided an email address which helps the users to contact the support team when required. Thus it can be concluded that the portal does provide and maintain a standard customer support protocol.
Now we simply try to figure out the pros and cons that the company of EXX has in a nutshell.
Pros
- The company provides a low fee structure to its users.
- Due to its global nature, the company has two main version of its trading platform.
- No fee extracted on deposit and on withdrawals of selected cryptocurrencies.
- The company provides a wide variety of coins for its users.
- Provides good customer care and support system for its users.
Cons
- The company mainly focuses on the Southeast Asian cryptocurrency market.
- There is no availability of fiat currency for trading.
- In-depth information regarding the help section is not available.
Conclusion
Before we conclude this review, it has been noticed that overall the company has managed to earn a good name for itself and stands as one of the leading cryptocurrency treading platforms on a global perspective. The company from its inception days has focused mainly on serving its customer in a better way providing different variants of cryptocurrencies to trade on which it has maintained remarkably till date. Like each and every cryptocurrency exchange it does have its disadvantages as well, but the advantages provided by the company to its customers is truly a remarkable aspect and within a short period of time has managed to serve thousands of happy customers.