There are many crypto exchanges existing in the world, but most of them only support coin-to-coin trading. Those have 3 main disadvantages:
- High fees
- Time consuming: you'll need BTC or ETH before purchasing the cryptocurrency you want.
- Risky: crypto market is so volatile and the rates change very quickly. You may not get the exchange rate you want.
There are a few exchanges that allow you to trade using fiat, but they still have limitations:
- High trading fees (1-2%)
- Poor technology makes the trading process slow with low availability. This prevent you from maximizing your potential profits.
- Low liquidity. Difficult to find a buyer.
Ticker: CFX
Token type: ERC20 (Ethereum)
Total supply: 25,000,000
Soft caps: 3,000,000
Hard caps: 15,000,000
Currencies accepted for buying CFX: ETH
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