How Does Mercatox Work?

How Does Mercatox Work?
Mercatox is seeking to attract customers from all over the world by offering them a platform in various languages such as English, Chinese and Russian. It has developed simple to use platform that let traders trade multiple crypto coins. Traders can view prices from both the e-currency market and the cryptocurrency markets.

With its proprietary web-based trading platform, traders can easily set the price, order type, and the amount combined with the direction of the trade. The platform permits traders to view the transactions history in the order book window. Margin trading is also available on this platform and it permits traders become a lender. Actually, Mercatox platform is seeking to cover multiple areas of investing to expand their customer’s base.

Which Countries Does Mercatox Support?
Mercatox permits customers across the globe to trade on their platform. This is not a regulated platform, which allows the management to accept clients from all over the world. Below is the list of countries that are accepted on Mercatox:

Australia
Austria
Belgium
Bulgaria
Croatia
Cyprus
Czech Republic
Denmark
Finland
Greece
Hungary
Ireland
Italy
Latvia
Liechtenstein
Malta
Monaco
Netherlands
Norway
Poland
Portugal
San Marino
Singapore
Slovakia
Slovenia
Spain
Sweden
Switzerland
United Kingdom
United States
Which Cryptocurrencies Does Mercatox Support?
Mercatox supports more than 100 cryptocurrencies on their platform. According to CoinMarketCap, the platform supports 329 trading pairs, including popular Bitcoin, Ethereum, Dash, Dogecoin and Litecoin. Below is the list of cryptocurrencies that are supported on Mercatox platform:

Bitcoin (BTC)
Bitcoin Cash (BCH)
Cardano (ADA)
Dash (DASH)
Ethereum (ETH)
Ethereum Classic (ETC)
Litecoin (LTC)
Monero (XMR)
NEO (NEO)
Ripple (XRP)
VeChain (VET)
Verge (XVG)
Mercatox Platform Account Creation and Dashboard
Once you press the green Sign up button, you will immediately see the registration page. You need to fill the registration form and then the platform sends you a confirmation email. Once you confirm your email, the system will direct you to a new screen where you need to go through the authorization form.

Once you fill the required data you need to press the Log in button. Following the login, a new screen will permit users to select any protection method that you like the most. The user can easily turn off the protection from profit settings.

After the registration and account creation process, the system will direct the user to fund your account using the deposit methods listed above. Once you deposited fund into your Bitcoin account, you are eligible to buy or sell cryptocurrencies. Some of the main sections of the trading platforms include the order book and the trading history window. Trading pairs are grouped in two sections (Crypto markets and e-Currency markets). Below are various types of orders available on this platform:

Limit order: This order is placed by a user which shows the maximum price to buy or the minimum price to sell.

Market order: This is a buy/sell order that is executed instantly at current market prices.

Stop Order: A Stop order immediately converts into market order after achieving market specified price.