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Mnettrade.com is an exchange platform that has various features. Mnettrade is a digital currency AI exchange. It claims to utilize up-to-date technology to ensure its users have the best experience while trading.
Mnettrade.com is still new in the market. They claim they are the best exchange in the market. However, the platform is not featured anywhere in the top 100 best crypto exchanges in the world.
The investment Company urges its existing members to bring more people to trader together. The platform claims it utilizes top-notch security measures. They state that their servers are hosted in the US.
When you choose to trade with the Mnettrade exchange company, you will gain access to the top digital currencies that is BTC, ETH, LTC, XRP, among others.
Mnettrade.com assure their clients they won’t experience downtime or delays when trading in their platform.
The platform has a great user interface. The exchange platform allegedly has low fees compared to other digital currency trading platforms.
Mnettrade claims that they process the client’s withdrawals instantly. Clients can also deposit funds very fast, and it will reflect directly. Once the network confirms the procedure is complete, your funds will show in your wallet.
The exchange company has real-time trading. Clients are assured they can automatically set their trade closure time. The platform was launched in 2017. It has been in the market for some time now.
Mnettrade.com claims their clients have an opportunity to pair many trading coins. The platform accepts investors across the globe, and there are no restrictions.
The Mnettrade exchange company pride themselves in having the best interface in the market. Traders can easily trade their favourite currencies. Mnettrade.com claims to exercise high-quality security measures.
Their platform is SSL verified, and investors accounts are secure. Traders require to authenticate their account using the available method of their choice.
The platform has a proven record of customer satisfaction. They strive to offer clients the best trading experience. Mnettrade assures Clients’ fund are safe in the platform.
The platform is web-based and operates on any gadget provided; there is an active internet connection. Mnettrade grants attractive leverage to its investors.
However, there are better cryptocurrency options than Mnettrade that offer high leverage of up to 100 times. It is challenging to choose an exchange to trade with, especially with the growing crypto enthusiasts.
CySEC (Cyprus Securities and Exchanges Commission) regulates Mnettrade. The platform’s registration number is 190344. Mnettrade.com is licensed under the number 061/18.
The exchange company stands out when compared to other unregulated platforms. However, the platform has not disclosed any information regarding the owner. This is a red flag and you should avoid the platform.
The platform is not regarded as one of the transparent exchanges in the market. CySEC has regulated numerous Forex brokers, and they are operating efficiently in the market without conflict of interest.
Excellent support will ensure a platform is at the forefront of their targeted audience. Mnettrade.com claims to have professional customers support that is willing to help at all times.
The support is available, and you can send your queries through email, [email protected]. The exchange address is Kitiou, CY-8300 Paphos, Konia / P.O. Box 63099,8210 Yaroskipou, Cyprus. You can also reach them via their phone number as well, which is +19292546332.
The platform claims their support has contributed to their growing number of clients as happy investors refer others. Great customer support determines the success of every business.
Mnettrade.com has not stated the minimal amount of funds that traders can withdraw. It also remains unclear the time taken to process the withdrawals.
The least amount of money that you can deposit is 100USD. The platform only accepts funds in Ethereum and Bitcoin. They do not accept fiat currencies.
The platform is not transparent enough as we are unaware of the withdrawal fees. Mnettrade has not disclosed the amount they charge for the maintenance expenses
It is due to these factors that we do not recommend this exchange. Before proceeding with the platform, make sure you consult their support to have a clear idea of the missing info on their website.
The exchange platform, like very many other digital currency brokers, their trading activities are web-based. Mnettrade does not have an automatic feature. They lack MT4/5 Softwares which are famous when it comes to retail trading.
Many traders who idolize these features may not choose to trade on the platform. Expert traders who love custom indicators will opt for other exchanges. It is therefore difficult for us to recommend this platform
Despite there being advantages of using a web-based platform, Mnettrade currently has a demo account. Traders can familiarize themselves with trading in the exchange.
We are not aware of the margin condition or the trading instruments incorporated by Mnettrade. If you decide to trade with them, make sure you are aware of their requirements.
The registration process has very few steps, and it takes about two days to be verified. You are required to upload the relevant documents in the platform like utility bills, passport, among other information. Once the support team approves your request, you can immediately start trading.
Mnettrade.com has an affiliate program entice traders. The platform has bonuses and plans. All you have to do to earn a commission is to invite your friends, colleague, or relatives to trade.
The Mnettrade platform urges traders to invite their friends, family, and colleagues to join the platform. Unlike other renowned Ponzi schemes, you are allowed to earn income in this platform.
Once you refer someone else the moment they deposit funds in the platform, you will automatically receive your commission in your account.
The platform’s commission is 10%. If you are an active member of Mnettrade, you can utilize this opportunity. You can even share content or use your social media audience to monetize traffic.
Mnettrade has made an effort to educate their clients. Traders need relevant knowledge of the market. Legit Brokers gather relevant information to offer to their clients so that traders can stick with them longer.
Mnettrade has a dedicated education outlet on its website meant for their clients. However, the information is not complex. It is very basic. The data is only ideal for newbies, and if you are an expert trader, there is nothing new here for you.
The platform has a market news section. Here you can find the latest crypto information that is trending in the world.
We can only hope the platform will consider all levels of traders while providing educational materials. Nonetheless, they have made a great effort.
The platform has some suspicious aspects, and there are other better crypto platforms out there than Mnettrade. With all the information we have discussed, it is up to you as the investor to decide if you would like to proceed with them.
The platform claims to be among the best crypto exchange that any trader can use. The team behind the platform is operating incognito; these are red flags.
But despite all this, CySEC regulates the platform. All you need to do is take your time and decide which exchange favours your needs. There are many options available.
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