When it comes to selecting a cryptocurrency exchange, cryptocurrency customers have a plethora of possibilities. However, as cryptocurrency laws become more firmly established, it’s conceivable that in the future, more customers will turn to regulated cryptocurrency trading platforms. In this review, we’ll examine at Euroxn, a cryptocurrency exchange that aims to fill this gap in the market.
Euroxn was founded in March of 2016 and is led by a team with considerable financial industry experience.
Before we dive deeper into all the features offered by the Euroxn platform, let’s briefly go through the platform’s main advantages and disadvantages:
The pros of trading cryptocurrency on Euroxn:
- Fiat/crypto markets
- Available to US users and worldwide
- Crypto assets held in cold storage are secured by qualified custodians
The cons of trading cryptocurrency on Euroxn:
- Some competitors have a bigger selection of tradeable assets
Now, let’s take a closer look at the main aspects of the Euroxn exchange.
Supported crypto assets
Euroxn has a good selection of cryptocurrencies, which should be enough for most traders. Of course, the platform supports the most popular cryptocurrencies like Bitcoin, Ethereum, and XRP, but it also supports DeFi favourites like Yearn Finance and Maker, as well as other lesser-known crypto assets. Euroxn now has USD trading pairings for roughly 25 cryptocurrencies. The exchange also supports trading pairs in BTC and USDT, for a total of more than 80 trading pairs.
Interface and order types
The Euroxn user interface is simple and intuitive, making it simple to find the platform’s most critical features. The price chart for the currently selected trading pair takes centre stage, while the navigation bar at the top allows you to access your account.
Users can choose from a large number of technical indicators to aid technical analysis on Euroxn’s price charts, which is a unique feature. You can pick between market, limit, and stop orders when trading on Euroxn.
Funding options and trading fees
Euroxn, as previously stated, offers USD-denominated pairs. Euroxn accounts can be funded via a number of different methods. Users who want to fill their accounts with fiat can utilise a debit card, wire transfer, or ACH, while cryptocurrency deposits are supported.
Makers pay 0.20 percent and takers pay 0.26 percent in trading costs. These fees are competitive with industry standards, and they can be further reduced depending on the number of ZOOM tokens a user owns. Cryptocurrency withdrawal costs vary depending on the crypto asset, although they are often quite modest.
To learn more about Euroxn’s fee schedule, please check the exchange’s fee page.
The Euroxn platform can be accessed from all U.S. states and globally, with the exception of countries on the Restricted Countries list (OFAC-sanctioned countries). Euroxn currently serves customers from 180 different countries.
Is Euroxn a safe exchange to use?
Euroxn hasn’t been around for a long time, so the platform hasn’t yet had a chance to develop a long track record when it comes to security. However, the exchange does seem to be taking security seriously.
The bottom line
Euroxn is a cryptocurrency exchange that offers something a little different. It offers a wide range of cryptocurrencies paired against the dollar, as well as a number of ways to fund accounts. Trading commissions are reasonable. Users who want to spend their cryptocurrencies in ordinary scenarios can also use the exchange. Euroxn appears to have put a lot of effort into assuring the security of the crypto assets it manages, which is always a good thing.