EXX is a Hong Kong-based cryptocurrency exchange primarily focused on the Southeast Asian market. The platform provides the ability for investors to keep a close eye on their transactions and funds either online or through a smartphone app.
To use EXX and access its services, you must first register on the platform. The registration process is quite simple, EXX only requires a valid phone number or email address. Once you have registered, you can use the website or app to invest.
You can have 10 sub-accounts in one EXX account that you can use to invest. This will help you keep your money separated and allow you to better manage your investments.
EXX applies a very competitive fee of only 0.1% for all transactions on the exchange such as trading, deposit, withdrawal….The deposit fee is completely free.
You can borrow investment funds for margin trading on the most popular coins available on EXX. This feature is currently only available for Bitcoin and some other altcoins. The leverage fee is 0.1%, but currently there is no information on how often it is charged.
Amount of altcoins
EXX has 24 crypto pairs available for trading including Bitcoin and Ethereum. Other coins commonly traded on the platform are INK, HSR, and QTUM.
The interface of the web-based platform is very user-friendly, its design is similar to that of bitFlyer, which has a similar layout for charts, order books and trading history.
EXX has a mobile version app that can be downloaded and used on Android and iPhone.
The mobile application allows you to access all the functions you have on the browser version of the EXX, but make sure to use the latest version of the operating system or you may encounter some technical difficulties. art.
Third-party developers are allowed to use its API to improve applications, clients, and features to suit their needs and make use of the application more efficient.
So far, users claim that EXX works without any problems. However, there is very little information about the company. While this is not uncommon in the crypto world, it can cause some mistrust from potential customers.
Limited payment options
At this time there is no option to pay in fiat currencies. On the other hand, USDT trading is accepted by this platform.
Confusing leverage information
The maximum leverage for the English and Chinese versions displayed on the website is currently subject to change. While some people say that trading with up to 3x leverage is also said to be allowed to trade with 5x leverage.
EXX offers a good service, has a pretty solid system and very attractive fees. The platform is great for Chinese and Korean users as it has support in these languages. EXX has great potential to expand its use outside of Asia but it takes time to prove this.
See also: What causes the price of Bitcoin to be traded 2% higher on Bitfinex?
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