SIMEX is a US registered Russian cryptocurrency exchange and equity investment platform. It allows trading in Bitcoin, Ethereum and many other ERC-20 tokens. The exchange also supports fiat currencies – USD and RUB. The exchange allows small businesses to raise funds from investors. It also provides secondary market giving liquidity to initial investors. As the exchange supports the fiat currencies, the users can buy coins directly from cash or they can cash out their Bitcoins and altcoins. The exchange allows the deposition and withdrawal through various methods like debit/credit cards (Visa and Master cards), Bank wire transfer, Yandex and Webmoney. The exchange allows its users to trade in a large number of assets like Ethereum, Bitcoin, OmiseGo (OMG), EOS, Augur, and others. The exchange charges market takers and market makers with a flat fee of 0.2%. The web-based trading platform of the exchange is well designed and is user-friendly. It has many advanced features like great charting, technical analysis, etc. The exchange charges high fees on transfers from crypto to fiat. These charges depend on the type of payment method used. Deposits fees are charged up to 3.3%, and withdrawals are charged up to 6%. The exchange does not provide leveraged trading. SIMEX is great for beginners and experienced traders as well.
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