LATOKEN vs MXC: Fees, Coins, Safety Comparison
Feature | LATOKEN | MXC |
---|---|---|
Overall |
3.0 |
3.3 |
2.6 |
3.2 |
|
3.4 |
2.9 |
|
4.5 |
4.1 |
|
Investment Instruments |
2.6 |
3.8 |
Platforms and Charting Tools |
2.7 |
3.0 |
Deposit and Withdrawal |
3.9 |
3.1 |
Research |
3.6 |
2.7 |
Education |
3.2 |
2.5 |
Support |
1.7 |
3.4 |
Bonuses |
2.4 |
3.9 |
Your capital is at risk.
|
Your capital is at risk.
|
LATOKEN vs MXC: Pros and Cons
The LATOKEN cryptocurrency exchange is a universal platform for exchanging, buying, and selling cryptocurrencies and tokens. Bitcoin, Ethereum, Litecoin, Tether, TRX, EOS, LA, and dozens of other assets are traded on the exchange. There is no fiat trading on this platform. There is margin swap trading on crypto-crypto pairs, as well as trading on leveraged perpetual contracts. The exchange has a referral program with bonus payments, there is the possibility of passive earnings through staking deposits in DeFi coins, and investing in developing blockchain projects.
The MXC cryptocurrency exchange (MXC.com) has been operating since 2018. The company is registered in Singapore, which is a loyal digital asset jurisdiction. The platform offers clients trading and P2P exchange services. The main specialization of the trading platform is to provide clients with crypto/crypto trading services with currencies such as Bitcoin (BTC), Ethereum (ETH), and Tether USD (USDT). The undoubted bright side of the platform is access to cryptocurrency ETF funds.
LATOKEN | MXC | |
---|---|---|
Overall Pros | on the exchange, you can trade Bitcoin, dozens of altcoins, and the most popular tokens; | 120+ cryptocurrencies for trading; |
after registration, each user receives a welcome bonus in tokens; | receive additional income through staking and holding; | |
advantageous referral program for which you and your referral receive $50 each; | an affiliate program with income up to 80% of the deposit of the invited trader. | |
functional proprietary mobile application developed for iOS and Android gadgets; | ||
comfortable and favorable conditions for investment programs such as staking, deposits in DeFi and large blockchain projects; | ||
the opportunity to introduce your own coin to the platform and offer your project for investment; | ||
99.5% of assets are cold stored; | ||
Security: 2FA authentication, TLS encryption, and DDOS protection. | ||
Overall Cons | no demo accounts or tutorials for novice crypto traders; | commissions of 0.2% per trade; |
communication with the technical support of the platform is available only by email and through tickets; | withdrawal fees (0.0005 BTC for Bitcoin); | |
fiats are not traded on the LATOKEN cryptocurrency exchange because the platform has only cryptocurrencies and tokens. | lack of support for fiat currencies for trading; | |
no MAM or PAMM accounts; | ||
mandatory verification. |
LATOKEN vs MXC: Safety and Regulation
Regulated By: | LATOKEN | MXC |
---|---|---|
SEC |
No |
No |
FINRA |
No |
No |
SIPC Protection |
No |
No |
Other Regulators |
Cayman Islands Monetary Authority |
FSA |
LATOKEN vs MXC: Trading Conditions
Trading Conditions | LATOKEN | MXC |
---|---|---|
Minimum Deposit |
$1 |
$1 |
Trading Platforms |
TradingView for browsers; mobile apps; proprietary crowdfunding platform |
MXC |
Max Leverage (Futures) |
44593 |
44835 |
Number of Markets |
130+ |
559+ |
Trading Accounts |
1 |
1 |
Base Account Currencies |
Cryptocurrencies |
USD, cryptocurrencies |
LATOKEN vs MXC: Fees
Trading Fees
Fee | LATOKEN | MXC |
---|---|---|
Max Maker |
0.0022 |
0.200% |
Max Taker |
0.28% |
0.200% |
Min Maker |
0.177% |
0.16% |
Min Taker |
0.221% |
0.16% |
Debit/Credit Card Purchase Fee |
0.01 |
Not supported |
Futures Trading fees
Fee | LATOKEN | MXC |
---|---|---|
Max Maker |
not supported |
0.020% |
Max Taker |
not supported |
0.060% |
Min Maker |
not supported |
0.014% |
Min Taker |
not supported |
0.042% |
Non-Trading Fees
Fee | LATOKEN | MXC |
---|---|---|
Account Fee |
No |
No |
Deposit Fee |
0.01 |
No |
Bank Transfer Withdrawal Fee |
Not supported |
Not supported |
Debit/Credit Card Withdrawal Fee |
0.035 |
Not supported |
BTC Withdrawal Fee |
0,0005 BTC |
0.001 BTC |
Inactivity Fee |
No |
No |
LATOKEN vs MXC: Trading Assets
Asset Name | LATOKEN | MXC |
---|---|---|
Overall |
130+ |
559+ |
Bitcoin (BTC) |
Yes |
Yes |
Litecoin (LTC) |
Yes |
Yes |
Dogecoin (DOGE) |
Yes |
Yes |
Binance Coin (BNB) |
Yes |
Yes |
Uniswap (UNI) |
Yes |
Yes |
Ripple (XRP) |
Yes |
Yes |
Polkadot (DOT) |
Yes |
Yes |
Cardano (ADA) |
Yes |
Yes |
Stellar (XLM) |
Yes |
Yes |
IOTA (MIOTA) |
Yes |
No |
Tron (TRX) |
Yes |
Yes |
Derivatives (Futures) |
No |
Yes |
NFT |
Yes |
No |
Crypto ETF |
No |
Yes |
LATOKEN or MXC: Investment Programs
Asset Name | LATOKEN | MXC |
---|---|---|
Staking |
Yes |
Yes |
Mining pool |
No |
No |
Managed Accounts |
No |
No |
MAM/PAMM |
No |
No |
Other |
No |
Holding |
Trading Platforms: MXC or LATOKEN
LATOKEN | MXC | |
---|---|---|
Web |
Yes |
Yes |
Desktop |
Yes |
No |
Mobile (Android, iOS) |
Yes |
Yes |
Your capital is at risk.
|
Your capital is at risk.
|
Trading Platforms Features: MXC or LATOKEN
LATOKEN | MXC | |
---|---|---|
SMS Based 2 FA |
Yes |
No |
App Based 2 FA |
Yes |
Yes |
Voice Call 2 FA |
No |
No |
Search Bar |
Yes |
Yes |
Filters |
Yes |
Yes |
Technical Analysis: MXC or LATOKEN
LATOKEN | MXC | |
---|---|---|
Indicators |
Yes |
Yes |
Drawing tools |
No |
Yes |
Historical Trades |
Yes |
Yes |
Live 2 Quotes |
Yes |
Yes |
Mobile trading: MXC or LATOKEN
LATOKEN | MXC | |
---|---|---|
iOS Version |
Yes |
Yes |
Android Version |
Yes |
Yes |
Apple Watch App |
No |
No |
Touch ID |
No |
No |
Face ID |
No |
No |
Types of orders: MXC or LATOKEN
LATOKEN | MXC | |
---|---|---|
Market |
Yes |
Yes |
Limit |
Yes |
Yes |
Stop Loss |
No |
No |
Stop Limit |
No |
Yes |
Trailing Stop |
No |
No |
LATOKEN vs MXC: Deposit and Withdrawal Methods
Deposit and Withdrawal Method | LATOKEN | MXC |
---|---|---|
Bank Transfer |
No |
Yes |
Credit/Debit Card |
Yes |
No |
Electronic Wallets |
Yes |
No |
Crypto |
Yes |
Yes |
LATOKEN vs MXC: Research
Research Type | LATOKEN | MXC |
---|---|---|
News Feed |
No |
Yes |
Fundamental Data |
No |
Yes |
Chart Analysis |
Yes |
Yes |
Trading Ideas |
Yes |
Yes |
E-Mail Reports |
No |
No |
LATOKEN vs MXC: Education
Education Type | LATOKEN | MXC |
---|---|---|
Demo-account/Paper Trading |
Yes |
Yes |
Courses |
No |
No |
Articles |
Yes |
Yes |
Videos |
No |
No |
Webinars |
No |
No |
MXC vs LATOKEN: Support
Support Features | LATOKEN | MXC |
---|---|---|
Working Days |
24/7 |
24/7 |
No |
No |
|
Phone |
No |
No |
Online chat |
No |
Yes |
Other |
Request form |
Ticket |
LATOKEN vs MXC: Crypto Bonuses and Promo
Promo | LATOKEN | MXC |
---|---|---|
Crypto Bonus |
No |
Rewards Center |
Affiliate Program |
Any user who registers with the platform using your referral link and undergoes identity verification will bring you a one-time bonus of $50. Your partner will also receive a like bonus. Bonus funds cannot be traded or used for investment, but they can be used to reduce trading fees. For each operation, you can pay up to 25% of the commission from the pool of referral bonuses. |
MXC.com pays customers up to 80% of the affiliate's replenished amount. |
Your capital is at risk.
|
Your capital is at risk.
|
Top 5 Reviews on MXC
-
Comment
While Mexc's dedication to security is commendable, it does little to offset the frustrations caused by their subpar user interface, inadequate customer support, and limited cryptocurrency selection. As a client, I cannot overlook these significant drawbacks, and I would caution others to carefully consider their options before entrusting their funds to Mexc.
-
Comment
The company has completely lost its position. Until now, it positions itself as a global player, and you conduct your main activities from offshore. The dynamics are obvious, customers are leaving, conditions are getting worse! If the logic is correct, then it would be more correct to withdraw the remaining money from the account and transfer it to another company. At least as a precaution.
-
Comment
Yesterday, after all, they withdrew $200. I didn't hope anymore. Ordered November 10th. Can you still start to restore normal operation? I would like to hope!
-
Comment
I have been trading on MXC since January 2021. Before that, I collaborated with another popular crypto exchange. But at the end of last year, it changed the size of its commission, so I had to look for another site. I mainly work with BTC/USDT and this pair is the most active on MXC. I saw network reviews of disgruntled users who complain about deception by the exchange and even blocking of accounts. Personally, I have not noticed any scams on MXC.com, so I will not believe in libel until I see the violation with my own eyes.
-
Comment
There are many referral links on the network on thematic sites for registering with MXC. Prompted, I opened an account here and got a 10% discount on the first transaction. In general, I liked the site of its crypto exchanger. Everything is clear, several versions are available in different languages, and the choice of contests and bonuses is huge. So far, I only work with crypto on this exchange, but in the future, I plan to invest in ETFs, since today this is a fairly popular topic. The MXC exchange does not take money for making a deposit and the trading commission is fixed, which suits me perfectly.
Top 5 Reviews on LATOKEN
-
Comment
I think that LATOKEN is a low-level exchange. Those looking for good returns and volume have nothing to do here. But for novice crypto traders, LATOKEN is quite a good option. The main thing is to understand this platform and not to risk large orders. Volumes are small for very active trading, but for one or two trades per day this is quite ok.
-
Comment
At the LATOKEN exchange, various methods are used to ensure that users' funds remain on the exchange. The most popular method is using third-party wallets in the user's personal account. This means that the user, by copying the address in their LATOKEN account, transfers funds to a completely different wallet. This happens because the exchange changes the cryptocurrency network. However, the user is held responsible for such transfers, and no one refunds the money to them.
-
Comment
The Latoken exchange inflates trading volumes. As a result, my orders can linger in the order book for a very long time. Even though my orders do not get executed, periodically, orders appear in the order book and quickly disappear. It seems very much like Latoken exchange introduces robots into the trading terminal that engage in trading. I am afraid this might be simulated trading rather than actual trading on the real market.
-
Comment
A very negative opinion about the LATOKEN exchange. There is no communication even with the customer support. When the platform freezes at the moment of order opening, I brace myself for the worst. Several times, when opening an order, LATOKEN provided a price worse than the market price. The platform issues cannot be resolved, and customer support is unresponsive. In general, I had to leave this exchange.
-
Comment
One fine day, I decided to log into my account on the cryptocurrency trading platform provided by Latoken exchange. And what do you think? They had blocked my account. Without any reasons or explanations, and of course, there was a substantial amount of money in it. I received no warning emails. The Latoken support team is ignoring me.
FAQs
What should I start Crypto trading with?
For starters, you need to learn what crypto trading is, understand what cryptocurrency is and the risks and opportunities cryptocurrency trading has. It is also important to learn the existing strategies. The second step is to choose the best crypto exchange with good trading conditions. A demo account that you can use to gain valuable experience risk free is an important advantage of an exchange.
What amount should I start trading with?
It is recommended to start trading cryptocurrencies with a small amount. That way, if you partially lose it, it won’t pose a serious financial problem for you. This is because cryptocurrencies are highly volatile, which carries certain risks for novice traders. The majority of cryptocurrency exchanges allow traders to start from a small amount – from $1 to $50 or its cryptocurrency equivalent.
What should I take into consideration when choosing a crypto exchange?
The first thing experts recommend looking at when considering crypto exchanges is their reliability. Other important features include basic trading conditions, commissions and fees, customer reviews. If crypto exchanges are approximately the same in terms of basic criteria, you need to choose based on your experience and tasks. One crypto exchange may be good for professionals and another – for novice traders.
Can a cryptocurrency exchange turn out to be a scam?
Unfortunately, this does happen. Therefore, it is better to choose cryptocurrency exchanges that have been operating in the market for at least several years and have a stable reputation. Regulation of an exchange in one of the countries with high legal culture is also an advantage.
Team that worked on the article
Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.
Olga Shendetskaya has been a part of the Traders Union team as an author, editor and proofreader since 2017. Since 2020, Shendetskaya has been the assistant chief editor of the website of Traders Union, an international association of traders. She has over 10 years of experience of working with economic and financial texts. In the period of 2017-2020, Olga has worked as a journalist and editor of laftNews news agency, economic and financial news sections. At the moment, Olga is a part of the team of top industry experts involved in creation of educational articles in finance and investment, overseeing their writing and publication on the Traders Union website.