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Kaduna
4 Level
235 Review
478 Karma

Review on Altsbit by Ibrahim Sunday

Revainrating 1 out of 5

The exchange have shutdown and exited the business

A lot of exchange available in the market, making choice on the best one requires a very good observation and studies. As most exchanges are not a secured enough placeto save your money. The altsbit exchange has been in action for sometimes 2019, it was originated from Italy. Though italy is not known for such development, but this exchange where able to give it a shot. They where able to acquire some numbernumber of trading volume of over$700, bit unfortunately, the hot wallet was hacked and users funds where lost. The exchange made refunds to those who requested for withdrawal and decided to exit the market and shutdown the platform. They were able to give a trading fees of 0.1% which is one of the best rates available. The exchange is Well designed with intuitive user interface though had to finally exit the market.




Pros
  • They were able to refund users their funds after the hack attack.
Cons
  • The security where being bridged and users funds on the hot wallet were lost.

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