Hostingspty Web Hosting Review: Easy-To-Use Control Panel (cPanel)

Mcs Crypto Exchange Review: It Is Good Or Bad?

About Mcs Crypto Exchange

Mcs Crypto Exchange (https://mcs.io) is a Trend Leading Cryptocurrency Derivatives Trading Platform registered in Seychelles with headquarters in Singapore. Created by a team of finance and cryptocurrency experts, MCS concentrates on providing a diversified platform that caters to all users from retail traders to certified derivatives trading professionals world-wide.

Mcs Crypto Exchange aim to lead the trend of cryptocurrency derivatives trading with a fair, open and accessible platform by consistently evolving through continuous feedback. With MCS, anyone can trade derivatives products without barriers to geography, knowledge, and technology. They want to give all traders the power to trade like experts with inclusive trading support and sophisticated built-in trading systems to provide an amazing trading experience.

Mcs Crypto Exchange Basic Points

Exchange NameMcs Crypto Exchange
LanguageEnglish
Withdraw Fee0.0005 
Deposit Fees5%
Easy To Use Yes
Security High
Maker Fee0.04%
Taker Fee0.02%
Support24/7
Customer Support Available At Ticket & Live Chat
Official SiteHomepage

How To Start ?

How To Sign Up At Mcs Exchange?

bitfinex sign up button

It Is Very Easy To Sign Up At Exchange . Just Click On Sign Up Button At Website .Fill Registration Form With Correct Details Like Your Email , Phone Number , Password Etc . Once You Fill All Data You Get Verification Link At Your Email . Just Verify Your Link For Successfully Verification.

How To Deposit Fund At Mcs Exchange ?

Once your account has been verified, click on the ‘DEPOSIT’ button, which you’ll find at the top right-hand side of the screen. Choose which currency you want to deposit and then you will be provided with the Wallet details that you need to transfer the funds to .

How To Trade At Exchange ?

Once your account is funded, you can then begin day trading at Valr. Click on the ‘TRADING’ button at the top of the screen, and you will be taken to the main trading area. You now need to select the trading pair that you want to trade. Finally, enter the amount that you want to buy, decide whether you want to do a ‘market order’ or ‘limit order’, and then place your trade.

How To Withdraw At Mcs Exchange ?

Withdrawing your funds from Swipe is very easy. Go to the “Withdraw” window, select the asset you want to take out and fill all the required fields. Note that you won’t be able to withdraw currencies if you haven’t secured your account with 2FA and/or whitelisted addresses.

MyCoinStory Trading fees

Every trade occurs between two parties: the maker, whose order exists on the order book prior to the trade, and the taker, who places the order that matches (or “takes”) the maker’s order. We call makers for “makers” as their orders make the liquidity in a market. Takers are the ones who “take” this liquidity by matching makers’ orders with their own.

At Mcs Crypto Exchange, takers are charged 0.04% per order. This is difficult to compare to the global industry average taker fees for regular centralized exchanges, as the instruments traded at the different exchanges are also different from each other. When it comes to the makers, their fee is 0.02%.

MyCoinStory Withdrawal fees

When withdrawing BTC from the Mcs Crypto Exchange trading platform, you will have to pay 0.0005 BTC. To our knowledge, the only empirical withdrawal fee study that has been made was the one we at Cryptowisser.com made some time back. That study showed that the industry average BTC-withdrawal fee was 0.00053 BTC per BTC-withdrawal. MyCoinStory’s withdrawal fees are marginally lower than that global industry average BTC withdrawal fee.

To summarize, both the trading fees and withdrawal fees charged by this platform are very competitive.

Deposit Methods

MyCoinStory does not accept any deposits of fiat currency. This means that new investors (i.e., investors without any previous crypto holdings) can’t trade here. In order to purchase your first cryptos, you need a so called entry-level exchange, which is an exchange accepting deposits of fiat currency.

Why Trade on MCS?

The world-class security and technology of MCS offer our traders the safest trading environment. The platform is easily accessible to everyone and provides a memorable trading experience.

Financial Industry-grade I

TMCS is equipped with traditional financial industry-grade top-tier TPS to prevent overload.

World-class Wallet Security

Mcs Crypto Exchange partners with the bank-grade class III security solution provider, BitGo, for digital asset custody services to keep the traders’ assets safe. Withdrawing anyone’s asset from MCS cold wallet requires 2+ signatures.

Monitoring and Backup System

MCS monitors the system 24/7 and instantly recovers data in case of incidents utilizing active mode switching of a standby server.

Amazing Trader Experience

Mcs Crypto Exchange provides a Help desk with all information from A to Z, intuitive and professional UI and widgets, and trader-tailored customer service.

Advanced Mark Price

MCS uses an advanced mark price of BTC/USDT, which significantly lowers the occurrence of customer’s misfortune from systemic errors.