Mercatox is a long-running crypto exchange with average fees and serious withdrawal delays. Despite its decade-long operation, user reports highlight fund access issues and poor support. Avoid unless you have no other option.
Read MoreMercatox Exchange: What It Is, Why It Matters, and What to Watch Out For
When you hear Mercatox exchange, a crypto trading platform that lists obscure tokens and offers high leverage. Also known as Mercatox.io, it's one of those exchanges that pops up in forums when people are chasing low-volume altcoins. But here’s the thing—Mercatox isn’t on any official list of trusted platforms. It doesn’t have the same transparency as Bitstamp or the regulatory backing of UAE-based exchanges. That doesn’t mean it’s dead, but it does mean you need to tread carefully.
Many traders turn to Mercatox because it lists coins no one else will touch—tokens like CPO, EVA, or WIFCAT that have zero trading volume elsewhere. But that’s also the danger. If a coin isn’t listed on Binance, KuCoin, or even a niche DEX like AstroSwap, it’s usually because no one trusts it. Mercatox thrives on this gap. It gives access to tokens that might be scams, or at best, dead projects with no community left. And while it offers margin trading and low fees, there’s no proof of reserves, no public audit history, and almost no user reviews on independent sites. Compare that to BloFin, which at least publishes its leverage limits clearly, or Bitstamp, which at least answers to regulators. Mercatox doesn’t even pretend to.
What you’ll find in this collection isn’t a glowing review. It’s a reality check. You’ll see posts about other exchanges that turned out to be fake—like DINNGO, IGT-CRYPTO, and Mimo.exchange—and how they operated just like Mercatox: low traffic, no customer support, sudden downtime, and a long list of unverified tokens. You’ll also find guides on how to spot these platforms before you deposit anything. The pattern is always the same: flashy promises, no transparency, and a quiet exit when things go south. If you’re thinking of using Mercatox, you need to know what you’re signing up for. This isn’t about avoiding risk—it’s about knowing which risks are worth taking and which are just traps.
Below, you’ll find real user experiences, scam breakdowns, and comparisons with exchanges that actually work. No fluff. No hype. Just what you need to decide if Mercatox is a tool—or a trap.