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.
