Review on Foxbit by Fanuel PORPORTY

Name: Foxbit
Item: Foxbit
Rating: 3

April 06, 2020

FoxBit Is a one of the major players in the Brazilian cryptocurrency space.

FoxBit is a company that allows Brazilians to enter the world of cryptocurrencies and more specifically the most popular Bitcoin. They are part of the BLINKTRADE network, which also serves other countries. The manufacturer's fees may be a little too high, but that seems justified, given that it is an entry-level company, which does not charge a filing fee. Overall, FoxBit appears to be a credible company. While this may be the case, we feel the need to reiterate the legacy risks associated with the cryptocurrency space. In case you are only ready to speculate on the price of Bitcoin, doing business with a well regulated forex broker will be a much safer alternative.
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Pros