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 Trading Fees: What You Really Pay on This Crypto Exchange
When you trade on Mercatox, a crypto exchange focused on altcoins and low-volume tokens. Also known as Mercatox.io, it's a platform many use to trade obscure coins not listed on Binance or Coinbase. But before you deposit, you need to know what you're really paying.
Mercatox trading fees are structured as a flat 0.2% for both makers and takers—no tiered discounts, no volume breaks. That’s higher than Binance’s 0.1% for spot trades and way above KuCoin’s 0.1% for users holding SKL. If you’re trading $1,000, you’re paying $2 just to get in and out. No hidden withdrawal fees? Not quite. Withdrawals for some coins like XMR or LTC can cost $0.50 to $2, and those add up fast if you’re switching between wallets. Compare that to Kraken, which offers free withdrawals for most major coins, and Mercatox starts to look expensive for active traders.
What about deposit fees? Mercatox doesn’t charge for crypto deposits—good. But if you’re using fiat, forget it. The exchange doesn’t support bank transfers or credit cards. You have to buy BTC or ETH elsewhere, send it over, then trade. That’s two sets of fees before you even touch Mercatox. And don’t assume low fees mean better deals. Many tokens listed here have thin order books. A 0.2% fee means nothing if you can’t fill your order at the price you want. Slippage can eat 5% or more on small-cap coins.
There’s also no staking rewards, no Earn program, and no fee discounts for holding the platform’s token (MTO). That’s different from exchanges like OKX or Bybit, where holding their native token cuts your fees by 25% or more. Mercatox is a simple, no-frills exchange—built for traders who need access to niche tokens, not for those looking to save on costs.
So who uses Mercatox? Mostly people chasing low-market-cap coins that other exchanges won’t list. Think tokens with names like $ZENITH or $NEXUS that have no real trading volume elsewhere. If you’re doing that, you’re already accepting risk. But you shouldn’t have to pay extra for it. The real cost isn’t just the 0.2% fee—it’s the time wasted on slow confirmations, the liquidity gaps, and the hidden slippage.
What you’ll find in the posts below are real breakdowns of trading costs across platforms, how to spot exchanges that hide fees in the spread, and which altcoin exchanges actually deliver value. Some posts expose scams pretending to be Mercatox. Others compare its fee structure to lesser-known rivals like DigiFinex or Bitrue. You’ll learn what to avoid, where to look for better deals, and how to protect your capital when trading on platforms with minimal oversight.