The MXC cryptocurrency exchange is positioned as the best for trading digital assets. The creators of the project claim that it is developing dynamically and is very popular with traders all over the world.
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However, the small number of reviews on the Network and the absence of the company in the ratings suggests the opposite. Analysis of the opinions of the company’s customers also indicates not in its favor.
In this review, we will take a detailed look at the features of the service mxc.com and let’s try to understand why MXC is called a fraudster. What is known about mxc.com? The hero of the review is reluctant to share information about himself. It is only known that it has been on the market since 2018, its founders are professional investors from Europe and Japan, and the main office is located in Singapore.
The address of the headquarters was not disclosed. Hiding contact details (phone numbers, exact place of residence) is the first call that allows us to think that we are facing a financial swindler. In the reviews, experienced traders draw the attention of beginners to this.
The company does not have a regulator and a license. They are not mentioned on the official website. The exchange has been operating for the third year and, apparently, does not intend to move into the legal field. MXC offers 180 trading pairs for earning money. The main turnover accounts for BTC/USDT (more than 33% of daily turnover), ETH/USDT (more than 12% per day), XRP/USDT (about 7%), the rest gain no more than 4%. The exchange also offers margin trading to its clients.
Overview of the web resource and trading offers of the MXC Exchange website mxc.com multilingual. However, some of the materials in any version are only available in English and Chinese. It is difficult for users from the CIS countries without knowledge of a foreign language to understand the features of the service. Information submitted in the form of graphic images cannot be Russified even with the use of a Google translator.
The training videos are only available in Chinese. MHS clearly focuses on customers from China, which means that in the near future it will collapse. The Chinese leadership has repeatedly stated its intention to block access to cryptocurrency exchanges.
If this happens, the hero of the review will sink into oblivion along with the depositors ‘ money. You need to think a few times before you decide on a dangerous cooperation! Site Quality mxc.com leaves much to be desired, and users note this in reviews, It constantly hangs, some of the tabs are not working, it is difficult to find the necessary information.
The design is mediocre. It seems that the owners decided not to spend much, because the resource will not live long. Of the contact details, only the email address is provided. You can also keep in touch with the support service via an online chat. The exchange has pages in social networks, links to which are located in the footer.
The main menu is located in the upper panel mxc.com. In the “Exchange” section, the user can choose the type of platform – basic or advanced. The first option is suitable for quick transactions. Here you can see information about the selected pair, track the trend change, and view the order history. The advanced version should provide more analytical data, the use of which helps to make the right decisions. However, there is no advanced analytics here.
Other menu tabs mxc.com designed for the following: “Fiat” – for over-the-counter trading. It is used by private individuals to sell coins for yuan. The option is of little interest to a wide range of users. To make transactions, you must first convert the currency into Chinese, and then pay for the digital one.
Double commission is a disadvantage. In addition, OTC traders often offer higher prices; ” Margin” – for trading with leverage (several dozen popular coins are offered, which can be traded with a leverage of 1:5); “Futures” – for trading derivatives (the hero of the review offers a large selection of orders, transactions with a leverage of 1: 100); “Staking” – for receiving passive income from storing coins (the maximum hold period is 30 days, the yield is from 2% and higher, the conditions depend on the type of asset selected).
Information blog Anatoly Pirs 