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Home CryptoCurrencies Simex Cryptocurrency Exchange Review : Empowering Cryptocurrency And Blockchain Technology

Simex Cryptocurrency Exchange Review : Empowering Cryptocurrency And Blockchain Technology

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About Simex 

Simex is a multifunctional online international digital asset management, investment, and trading platform. Transfers between accounts and to accounts of third parties, deposit/withdraw from linked debit cards including payments to third parties.

SIMEX Digital assets exchange – is one of methods of funding a business, which allows almost any investors, to invest as little or as much as they like, mostly through an online service. Secondary market allows to exit of the deal and fix the result on any stage of implementation of succeed campaign.

Is a possibility for direct investment into projects of the real sector of the economy, such as production companies, operating businesses and startups. Most people are wondering where to invest their money. Existing types of investments have different variety of risk. Funds investment through SIMEX platform is implemented into a variety of liquid investment projects that have passed the vote on a platform and are proven on the accuracy of the information provided by platform employees.

Operating company

Exchange nameSimex
Minimum Investment 10$
Number of currencies handledOver 15 types
Futures tradingPresent
Taker 0.075%
Taker0.05% Taker
Official sitehttps://simex.global

How To  Start With Simex

To start trading with Simex , Indian residents first have to sign up for an account by following the steps below.

Step 1. Click on the “Login/Signup” link on the top right hand corner of the Simex website.

simex

Step 2. In the form, fill in your first name, last name, mobile number, email ID and password.

Step 3. If you have a referral code, enter the code while creating your account.

Step 4. Submit the form and wait for an activation email to be sent to you.

Step 5. Click on the “confirm email” link in the activation email.

Step 6. After your account is activated, you’ll be sent a 6 digit one time password (OTP), which you have to enter after logging into your Simex account

Step 7. The next step is to complete your Know Your Customer (KYC) verification, for which you need to upload soft copies of your Permanent Account Number (PAN) and your Aadhaar ID card.

Step 8. Simex Promise that they carry out KYC verification within the same day of the uploading soft copies of relevant documents.

After Simex verifies your details, you can start trading on the exchange. The first step to start trading is to deposit either BTC or ETH into your Simex wallet. After you do so, you can go ahead and buy or sell any of the cryptocurrency pairs that Simex offers

Key features

The distinctive features of SIMEX digital assets exchange are:

  • The minimum starting investment amount is 10$
  • Just two clicks to make a deal
  • Secondary market
  • Earn money online without any investments using the affiliate program of SIMEX with the withdrawal of real money
  • Deposit and withdraw money online using most major payment systems, including Visa and MasterCard.

Platform Functions

  • Evaluation and primary audit and screening of investment projects;
  • Admission of online investments;
  • Guidance of investment projects;
  • Investment projects’ dividend distribution;
  • Deals registry maintenance and eligibility requirement trading;
  • Legal guidance of deals made on the platform.

Investment methods

Equity investment platform SIMEX provides great opportunities for private and collective investment. Thanks to modern, simple and convenient service, everyone can make investments: a newcomer and an experienced investor. The main investment method — is online sale of investment shares of different projects placed on SIMEX platform. Due to the safe SIMEX interface, collective investments are also available. They allow investing small amount of money into desirable investment project. Now, most people got the opportunity to make investments via SIMEX. Small investments in projects are the first steps towards reliable future and passive income. Investment of funds via SIMEX is a simple and safe investment.

Fees

The price you pay on SIMEX  to purchase or sell Digital Currency:

– Maker 0,1%

– Taker 0,1%

Additionally: SMX Token allows you to reduce the commissions when trading on the SIMEX Exchange. Commissions rate depending on the balance of the user’s account*:

  • 1 000 SMX: 0.075% Maker / 0.075% Taker.
  • 5 000 SMX: 0.05% Maker / 0.05% Taker.
  • 10 000 SMX: 0% Maker / 0% Taker.

Investment shares

Investment shares – these are the core of the SIMEX investment platform. From a legal perspective, an investment share represents the amount that an investor can legally claim in a project. In return for this investment share, the investor also has the right to share in project profits and receive dividends. SIMEX investors can either invest directly in a project or they can purchase shares from other SIMEX investors on the secondary market. In addition, the investor can sell his/her shares on the SIMEX platform secondary market.

Refund

If the investment project has not collected the specified amount for its launch, the investments return to investors financial accounts except the commission of SIMEX platform.

Commission of deposits

It should also be noted that SIMEX digital assets exchange always meets customers demands, thus, the platform deposits commission is only 0,1%.

Platform Commissions (since 02/10/2018)

  1. Exchange trade deals commission is 0.1% (the commission is paid by the maker and the taker of an operation).
  2. Project creation commission in case of a successful investments acquisition may range from 0.5% up to 10% depending on a project and the terms of its placement on the platform.
  3. Dividend distribution commission is 1.5%.
  4. Currency exchange commission within the platform is +3% (according to the Central Bank of Russian Federation) for any operations.

Platform Security

They guarantee legal and technical security to platform users. The priority is the safety of client’s financial assets and personal information.

They take all the necessary measures essential for a completely safe working conditions within the SIMEX platform, and we have the full commitment to continue testing and improving our security.

With that said, it is important for you to be aware there can not be any guaranteed protection of assets and information stored on an individual user’s personal computer. Keeping that in mind we recommend you take a number of steps to ensure additional safety:

Security

The SIMEX digital assets exchange offers investors a safe place to buy and sell investment shares, using a variety of methods to deposit and withdraw funds. The platform ensures that all trades are conducted in a secure and legally protected manner via established procedures. This ensures maximum reliability for the investor, as well as safe financial investments. Prior to registering and making investments using the SIMEX platform, we encourage all users to read the comprehensive legal documents, including the terms of use to be signed.

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Vernahttps://coinworldstory.com
One of Coinworldstory's longest-tenured contributors, and now one of our news,ico,hyip editors, Verna has authored over 4100+ stories for the site. When not writing or editing, He likes to play basketball, play guitar or visit remote places. Verna, to his regret, holds a very small amount of digital currencies.

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