Review on ABCC by Temitope Babatunde
ABCC New But Progressive Exchange
Established in the mid 2018 in Singapore, ABCC exchange has Calving Cheng as its CEO. The exchange was licensed in Gibraltar and Malta. It has a native token named AT which is built on ethereum.
Established in the mid 2018 in Singapore, ABCC exchange has Calving Cheng as its CEO. The exchange was licensed in Gibraltar and Malta. It has a native token named AT which is built on ethereum.
ABCC put in place certain security measures which will make it hard for hackers to easily penetrate it for example any new ip address is manually approved, there is also whitelisting of withdrawal addresses and cool down period for whoever that change his or her password. There is also verification before one can be able to withdraw large amounts of coins.
Depositing of coins is free but withdraw fee is 0.0008 btc and varies for others according to the coin. No support for depositing fiat currency through debit or credit cards or wire transfer. Trading fees is flat for both takers and makers.
The exchange is easy to navigate and the trading view is good to look at also. Abcc exchange only have Market and limit order. It has launchpad for initial exchange offerings (IEO). It is also good to mention that it is also backed by some renowned institutional investors like Funcity Capital, Dream Seeker Capital, Block origin capital etc.
In conclusion there are lots of positive features of this exchange which can make someone to choose it when considering trading.
Pros
- Rewards for all those that hold AT which is a native token of Abcc built on ethereum smart contract.
- Lower trading fees of 0.1 percent for both maker and takers
- It has a trade to mine system where by users who trade on the platform will be rewarded with AT
- Program called Abcc cloud which provides the opportunity for who so ever want to start crypto exchange can use the system.
- A very serious security measures to counter the hackers.
- Backed by institutional investor
Cons
- No fiat deposit or trading.
- No margin trading.
New products
Comments (3)
July 21, 2020
ABCC exchange is a secured exchange that has no security issue Ever since it was established. In my opinion they should work on supporting fiat Currency, which will make it look more attractive to investors.
May 26, 2020
When it comes to withdrawal fees, ABCC charges 0.0008 BTC when you withdraw BTC. This is exactly in line with the global industry average ( arguably 0.0008 BTC ).
Accordingly, neither the trading fees nor the withdrawal fees should deter anyone from trading at ABCC.
May 26, 2020
ABCC, a lesser known exchange, was founded in mid-2018 and has managed to slowly but surely build a successful exchange.
The exchange has proven itself a worthy competitor for many established players, offering users a suite of attractive features on a convenient and accessible platform, alongside a recent update to their own token token - AT - which introduced a revenue distribution program, similar to Kucoin's KCS.
