Coquix.io is a cryptocurrency exchange that allows users to receive, send and trade cryptocurrencies. The exchange has been launched on January the 26th, 2017, so it is relatively new to the market.
How Does Coquix.io Exchange Work?
After deposits are received at the exchange, Coquix.io makes a limit order on the trading platform, then they estimate the best available rate and display it on the site. Since the company launched the exchange, they have completed over 10,000 orders for friends, family and anonymous clients.
Interested users can contact with Coquix.io at the following email [email protected] and the team will be glad to answer within 6 hours.
The exchange never stores any personal or sensitive information of the users in their servers. They use Google OAuth2 third party service to provide account authentication via token only in order to allow users to track and view their order history.
At the moment they are offering different coins, including Dogecoin, Litecoin, Dash, and Bitcoin. In the future, the team may be ready to add more virtual currencies in case it is needed and users request it.
Can You Trust Coquix.io Exchange
The site claims to be honest due to the fact that it charges a small processing fee 0.5%. It is secure because it has been developed by cryptocurrency users, developers and advocates, and it is very simple to use.
The website explains:
“When you begin your order & finalize pricing; you will be given a deposit address. Send the currency you selected to this deposit address, once confirmed we will begin the exchange process. Once the trade is completed, we will automatically send you the requested crypto to the wallet address you enter above in the ‘recipient address’ field. The exchange itself (once we receive your deposit) takes less than two minutes.”
Coquix.io Exchange Conclusion
The exchange does not provide any other useful information about how the system works, how they protect users, which currencies they offer, etc.