Mercatox cryptocurrency exchange review

Buy and sell over 120 cryptocurrencies with a 0.25% trading fee.

Launched in 2016, Mercatox is a peer-to-peer cryptocurrency exchange that allows you to buy and sell well over 100 cryptocurrencies. A 0.25% fee applies to all trades, and you can access a wide range of currency pairs as well as a multi-currency e-wallet to store your crypto assets.

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Fiat currencies




Product Name Mercatox Cryptocurrency Exchange
Fiat Currencies USD, EUR, RUB
Cryptocurrencies BTC, ETH, DCN, BCH, NIO, TRX, DASH, COB, DOGE, PRIX & 110+ more
Deposit Methods Cryptocurrency
Perfect Money
Yandex Money
Trading Fee 0.3%
Deposit Fees None
Withdrawal Fees Fees vary
Disclaimer: This information is not financial advice or an endorsement of cryptocurrency or any specific provider, service or offering. Cryptocurrencies are highly volatile and high risk. Do your own research and seek financial advice before buying. Please check with providers if their services are available in your state.

Which fiat and cryptocurrencies are supported?

  • Supported fiat currencies: USD, EUR, RUB
  • Supported cryptocurrencies: Approximately 481 cryptocurrencies

Which payment methods are accepted?

  • Cryptocurrency
  • Payeer
  • Perfect Money
  • Yandex Money

What is Mercatox?

Based in the UK, Mercatox is a cryptocurrency exchange platform with more than 280,000 users. In addition to offering popular cryptos like bitcoin, Litecoin and Ethereum, it allows traders to access an extensive list of other, rarer cryptocurrencies.

Mercatox also provides an e-wallet in which you can store multiple digital currencies and has plans to launch a peer-to-peer lending platform to allow investors to loan money to cryptocurrency traders.

Available countries

Mercatox can be accessed by US users and traders from a wide range of countries around the world. For a full list of supported countries, please contact Mercatox.

Mercatox fees and charges

Mercatox charges a 0.25% fee on all trades placed through the platform. While there are no deposit fees, withdrawal fees apply and vary depending on the currency you wish to withdraw. Some sample withdrawal fees are shown in the table below, but you can visit the Mercatox website for a full list of charges for all currencies.

CurrencyWithdrawal fee
Bitcoin (BTC)0.0003 – 0.005
Ethereum (ETH)0.02
Dogecoin (DOGE)50
Litecoin (LTC)0.015
DASH (DASH)0.001

Are there any transfer limits?

Yes. Mercatox imposes minimum limits on the amount you can deposit and withdraw, and these restrictions vary depending on your chosen currency. A sample of these limits for some popular currencies is listed in the table below.

CurrencyMinimum depositMinimum withdrawal
Bitcoin (BTC)0.00010.001
Ethereum (ETH)0.010.04
Dogecoin (DOGE)100300
Litecoin (LTC)0.050.1
DASH (DASH)0.0020.005

For a full list of transfer limits, visit the Mercatox website.

Please note that limits also apply to instant withdrawals as follows:

  • For unverified users: 0.5 BTC or equivalent per 24 hours
  • For verified users: 5 BTC or equivalent per 24 hours

Is Mercatox safe to use?

Mercatox encourages users to set up two-factor or two-stage authentication to increase the security of their trading funds.

It’s also important to consider the security and stability of any platform before depositing funds, as crypto exchanges are a common target for hackers. For example, on January 2, 2018, Mercatox posted the following on its Facebook page:

“Due to high overload of our system and attempts of DDoS attacks we forced temporarily suspend website for upgrading our hardware and software. The service will be restored as soon as possible. All coins are SAFE! Sorry for inconvenience.”

Research online forums and trusted cryptocurrency websites to stay abreast of the latest news and developments regarding the security of any exchange.

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Deposit method

Bank transfer (ACH), Debit card, PayPal, Wire transfer, Apple Pay

Trading fee

Fees vary

Withdraw fees

Instant Card Withdrawal: Up to 1.5% of the transaction plus a minimum of $0.55
Outgoing Wire Transfer: $25
Fees vary by location and payment method.

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Deposit method

Bank transfer, Credit card, Debit card, Neteller, PayPal, Online banking, Skrill

Trading fee

Fees vary. Overnight and weekend fees apply

Withdraw fees

US$5 (minimum withdrawal of US$50)

Customer support

If you need help with a transaction or you’re unsure how to use Mercatox, you can access live chat customer support through your Mercatox trading account. You can also get in touch with the email support team.

Pros and cons


  • Access to an extensive range of cryptocurrencies
  • Transparent 0.25% fee on all trades
  • Multi-currency e-wallet
  • Ability to place limit, market and stop orders
  • Loyalty program that rewards users who promote the platform


  • Limited information available online
  • No credit card or bank transfer deposits
  • Withdrawal limits and fees apply
  • Low trading volumes on many currency pairs
  • No mobile trading app available

Next steps

If you’ve compared several cryptocurrency exchanges and you’d like to open an account with Mercatox, you can do so by following the link on this page to the Mercatox website. You’ll need to provide your email address and create a password to open an account and start trading.

However, you can verify your account by providing your full name, address, contact details and two pieces of ID, which allows you to access a higher daily withdrawal limit. We also recommend that you set up two-factor authentication to provide an extra layer of security for any funds you deposit into your account.

Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.

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    Default Gravatar
    September 19, 2018

    I will give my username and password but fully not opened Mercatox home page.

      Avatarfinder Customer Care
      September 19, 2018

      Hello Sekar,

      Thank you for your comment.

      Please do note that you have reached finder and we do not represent Mercatox or any company we feature on our pages. If you’re on the Mercatox website, most likely the issue is on their end. Sometimes, your internet connection can also affect the loading of the page. I would suggest that you get in touch with Mercatox so they can check it for you.

      Should you wish to have real-time answers to your questions, try our chat box on the lower right corner of our page.


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