Advantages and disadvantages
- Loyal exchange
- Simple and user-friendly interface
- Low commissions compared to some other exchanges
- Relatively low trading volume
As soon as the Binance exchange left Russia and transferred all its assets to the CommEx crypto exchange, I immediately began actively testing the exchange for depositing and withdrawing cryptocurrencies using the exchange.
Registration
Registration took literally a couple of minutes - you just had to enter your email and come up with a password. After confirming my email, I immediately had access to my trading account.
Interface
The first impression of the interface was very positive. Everything is done in a modern style, cryptocurrency charts, order book, transaction history - everything is conveniently located on the screen. There are mobile versions for Android and iOS, which are also fast and stable.
Trade
I started with small amounts to get comfortable with trading. Made several successful trades on Bitcoin fluctuations, earning about 15% of the invested amount in the first week. This gave me confidence, and then I began to trade more actively, using leverage up to 1:50.
However, after a couple of months I encountered the first problems. During the period of sharp growth in Bitcoin, delays began to occur in the execution of orders, and charts froze. Because of this, I was unable to close several profitable positions on time and lost some of my funds.
Conclusion
Overall, I am pleased with Commex as an exchange to start trading crypto. But as I gain experience, I plan to switch to a more reliable platform with greater liquidity, for example Binance or ByBit.
