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Capetown
1 Level
82 Review
35 Karma

Review on Altsbit by Roseline Patrick

Revainrating 3 out of 5

Altsbit is rejecting users login details-this means it is inactive.

Altsbit is one amazing cryptocurrency exchange that was also used to trade varieties of coins and tokens with staking as well but recently some of this features stopped working and it becomes impossible to trade easily and make exchange between different cryptocurrency. Based on a little research it happens that the platform was hit by a group of crypto hackers which lead to altsbit losing cryptocurrency worth more than $75 million although it was later analysed that it lost 6,925 btc, 23,210 ethereum, 414,154 ARR and also some worth of XRP.

During the damage that was caused by this group of hackers it was also observed that the altbits lost the data and personal login details of it users which makes it very difficult for it users to login into the site. Although,it is still unknown if the funds of users were refunded looking at bankruptcy of the company today.

Pros
  • There's no much positive aspect for this review.
Cons
  • For close to a year no response on maintenance is provided.
  • It is clear that the platform is inactive.
  • No withdrawal can be made.

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