Current:Home > ScamsAbout Morocoin Cryptocurrency Exchange -Summit Capital Strategies
About Morocoin Cryptocurrency Exchange
View
Date:2025-04-11 19:06:26
What is Morocoin?
Morocoin is a centralized cryptocurrency exchange (CEX) where users can trade a variety of cryptocurrencies and tokens.
The platform supports numerous cryptocurrencies and multiple trading pairs. The exchange is globally leading in terms of trading volume, with daily transactions exceeding $100 million, and it supports both spot and margin trading.
Furthermore, the exchange has expanded its services to other markets, including offering spot, options, futures, and derivatives for investors.
Founded in February 2017, the platform claims to be "stable and trustworthy." It offers an easy-to-use interface, 24/7 customer service, a powerful mobile app, and the application of a super AI analysis decision-making system.
The exchange is highly regulated, providing mainstream digital currency or fiat withdrawal functions. To withdraw funds from their account or deposit cryptocurrencies, users are required to complete a mandatory KYC/AML, also known as "Know Your Customer," process.
It has received MSB and NFA regulatory approvals to operate related businesses in the North American market.
The exchange has over one million registered users and is one of the most promising centralized exchanges globally.
The platform provides the following products: spot, derivatives (USDT perpetual contracts, USDT options, leveraged tokens), NFT market, and cryptocurrency and options trading.
Where is Morocoin located?
The company is headquartered in North America as Morocoin Tech Corp., registered in Colorado.
Countries Restricted from Using Morocoin
Apart from countries with service restrictions such as Cuba, Crimea, Sevastopol, Iran, Syria, North Korea, Sudan, and mainland China, this global platform is available to customers worldwide.
What currencies does Morocoin support?
Morocoin supports numerous listed cryptocurrencies and over 20 spot trading pairs. This includes many mainstream tokens like BTC, ETH, SOL, LTC, DOGE, AVAX, MATIC, DOT, and more.
What are Morocoin’s fees?
Morocoin adopts a level-based fee structure based on the maker-taker model. It offers highly competitive fees: no deposit fees are charged for trading on the exchange, while withdrawal fees vary with different cryptocurrencies.
Spot and futures trading fees are calculated according to user levels from VIP 0 to VIP 16 (based on the user's 30-day trading volume), with specific costs calculated based on the maker-taker model.
Can leverage or margin trading be used on Morocoin?
The exchange offers up to 150x leverage for its crypto derivatives products. Offered products include BTC/USDT, ETH/USDT, XRP/USDT, EOS/USDT, and various perpetual contracts. Users can also use isolated margin and cross-margin modes. Additionally, customers can utilize inverse perpetual contracts, crypto futures, crypto options, and leveraged tokens.
The exchange focuses on professional traders and experienced investors, providing margin/collateral loans, margin financing, pair trading, and over-the-counter (OTC) services to its platform users.
veryGood! (7717)
Related
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- Athletics announce plans to play the next 3 seasons in minor league park near Sacramento
- When do new 'Shōgun' episodes come out? Full season schedule, cast, where to watch
- Warren Sapp's pay at Colorado revealed as graduate assistant football coach
- Skins Game to make return to Thanksgiving week with a modern look
- Party conventions open in North Dakota with GOP divided and Democrats searching for candidates
- Officer hired as sheriff’s deputy despite involvement in fatal Manuel Ellis arrest resigns
- Officer acquitted in 2020 death of Manuel Ellis in Tacoma hired by neighboring sheriff's office
- North Carolina justices rule for restaurants in COVID
- Cleanup begins at Los Angeles ‘trash house’ where entire property is filled with garbage and junk
Ranking
- North Carolina justices rule for restaurants in COVID
- Wolf kills a calf in Colorado, the first confirmed kill after the predator’s reintroduction
- April nor’easter with heavy, wet snow bears down on Northeast, causing more than 680,000 outages
- 'Call Her Daddy' star Alex Cooper joins NBC's 2024 Paris Olympics coverage
- Nearly 400 USAID contract employees laid off in wake of Trump's 'stop work' order
- Lawsuit challenges Alabama restrictions on absentee ballot help
- Police say man dies after tire comes off SUV and hits his car
- Target announces new name for its RedCard credit card: What to know
Recommendation
Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
MLB Misery Index: Winless New York Mets and Miami Marlins endure ugly opening week
Why don't eclipses happen every month? Moon's tilted orbit is the key.
Biden touts inhaler price drops with Bernie Sanders: Finally, finally we beat big Pharma
Nearly 400 USAID contract employees laid off in wake of Trump's 'stop work' order
Zoe Saldaña and Husband Marco Perego Use This Code Word for Sex at Home
The Nail Salon Is Expensive: These Press-On Nails Cost Less Than a Manicure
Jonathan Majors' motion to dismiss assault, harassment conviction rejected by judge