However, please be prepared to provide proof of your business’s legitimacy. Please note, we never charge website owners for reviews or reconsideration requests. For more information, please review our Disclaimer. As of September 24, 2025, Mercatox.com has a very low trust score of 1/100 according to our algorithm. Through the security analysis, it has been identified as a potential suspicious website. Our detection system has found multiple risk indicators, and we recommend avoiding this website.
Coin in maintenance for 2 years
The Mercatox app can be found on Apple’s App Store on all Apple devices, offering the same features as the desktop website. The overall interface is brilliant and easily navigable, with a search bar that lets you explore the crypto offerings available at Mercatox. We use dedicated people and clever technology to safeguard our platform. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. The domain has maintained active status for an extended period, indicating operational stability and established web presence. This longevity for mercatox.com suggests legitimate business operations and sustained user engagement over time.
- Users can withdraw their crypto to fiat any time they want through an ACH transfer.
- Users should exercise extreme caution when interacting with this site and avoid providing any personal information or downloading files from this untrustworthy platform.
- Despite the limited features of this exchange, it still offers plenty of advantages.
- You can open an account in seconds by visiting the official website and clicking the green ‘Sign Up’ button.
- If you’d like to challenge the trust score assigned, we’re happy to take a closer look.
Users can withdraw their digital currency from Mercatox to fiat at any time through an ACH transfer. Such transfers usually take 1-2 working days to complete. Mercatox also allows instant cash-outs that run twenty-four-seven, to cards or bank accounts in exchange for extra fees (1 percent). Mercatox also enables traders holding digital currencies with them to take part in staking rewards. Staking is similar to earning interest with a bank account.
- We support a direct API code import for many centralized exchanges, while others may require a CSV import.
- It is simple and easy to use and the website mentions all the supported tokens so that the users can easily choose their favored crypto trading pairs.
- We recommend Bitstamp or Poloniex as far more complete and secure centralized exchanges.
- It is similar to interests in a bank account; however, it comes with its risks.
- We will review the content and take necessary action as soon as possible.
However, for it to be lucrative, traders need a medium that equips them with all the right tools to make a profitable trade. This medium is usually known as a crypto trading platform and since cryptocurrency is being adopted worldwide, a number of crypto trading platforms have sprouted. Therefore, choosing the right crypto trading platform has become necessary to maximize your returns in the volatile digital currency market.
We are now more then 1,5 month and several submitted tickets later and LTC withdrawal is still unavailable. There is no reliability, so the slogan ‘Mercatox your reliable partner’ does not make any sense. They are incompetent to fix a relative small technical issue while the website is from time to time unavailable for maintenance.
RELATED TELEGRAM GROUPS & CHANNELS (VERIFIED LINKS)
Yet they continue to add new offering to the exchange. I have made well over 100 support tickets to get them to take my coins out of maintenance so I can remove the coins from this exchange. They only respond with the same comments over and over It has now been 5 months and now they just ignore me.
I had withdraw processing
Scammers employ persuasive tactics to convince you to make an initial minimum deposit. They entice with promises of doubling the deposit within 24 hours and similar claims. After obtaining the initial deposit, more experienced scammers may be brought in to extract additional funds. The cycle persists, but it is possible to put an end to it, even if you’ve fallen victim to their deceitful promises. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Connecting your Mercatox Address to ZenLedger For Your Crypto Tax Forms
It keeps 98 percent of its assets in offline cold storage. Mercatox also ensures other ways to safeguard funds, i.e., two-factor authentication and AES-256 encryption. Your wallet is also covered up to 250K, courtesy of FDIC Insurance. Mercatox offers remarkably high limits and they depend on the user’s account level.A user’s account level is determined by the amount of information they have verified.
While the Mercatox Exchange (฿) group may offer a genuine opportunity, always proceed with caution and conduct thorough due diligence. Tired of endless crypto promises that lead nowhere? What if there was a Telegram group that offered a tangible starting point, a small but real stake in the crypto world? The Mercatox Exchange (฿) group whispers promises of free MERCA tokens, but is it a hidden gem or just another flash in the pan? Just like TradersLanes, one of the primary concerns with Mercatox is its lack of regulation by reputed authorities such as CySec, ASIC, FCA, CNMV, and others. This unregulated platform operates without the necessary regulation, raising doubts about the safety of your funds.
However, after weeks of testing, our final verdict is No. We recommend Bitstamp or Poloniex as far more complete and secure centralized exchanges. Mercatox fails to provide any information about its staff on its website and promise fake returns. These deceptive practices raise significant doubts about the credibility and trustworthiness of this platform. They don’t go by your schedule & if you want full time or a certain day off they won’t give it. Plus one time my husband food had glass in it & they never gave us a free meal.
Fully verified users can buy up to 50K USD worth crypto every day. Initially, Mercatox only offered trading via Bitcoin, but gradually started adding more digital currencies that suited its decentralized standards. It has now expanded its list to include more digital currencies like Litecoin, Ethereum, XRP, as well as many others that offer promise and suit its criteria. One thing that I know that on this exchange prohibited double accounts.
Mercatox enables customers holding crypto to take part in staking rewards. It is similar to interests in a bank account; however, it comes with its risks. This generates revenue from a user’s holdings because they are used to authorize crypto transactions.
After that, you verify your identity (a two-factor authentication setup is recommended). Mercatox charges a percent flat fee on all currency conversions which you will have to factor into your crypto trading. You can use exchanges to trade one cryptocurrency for another like Bitcoin to Dogecoin. With Mercatox you can also exchange your cryptocurrency with fiat currency, such as the UK Pound or US Dollar. I have my ETH coins stuck on the Mercatox exchange now for 3-days; customer service is SPARSE to say the least. Margin Lending allows traders to make money without crypto trading.
Those seriously wanting to trade in altcoins may not find a good selection there. Verification can help ensure real people are writing the reviews you read on Trustpilot. Claim your profile to access Trustpilot’s free business tools and connect with customers. Gridinsoft has the capability to block mercatox.com domain without requiring further user intervention. Gain trust and grow your business with customer reviews.
You can deposit and withdraw funds from your account. Using the Mercatox website, you can also convert cryptocurrency into US dollars and vice versa. Despite the limited mercatoc features of this exchange, it still offers plenty of advantages.