Review on ABCC by LINH NGUYEN HONG

Name: ABCC
Item: ABCC
Rating: 5

February 03, 2019

ABCC trading floor is registered on April 9, 2018 and officially launched…

ABCC trading floor is registered on April 9, 2018 and officially launched April 28, 2018. Currently ABCC Exchange is listing 41 coins and Trading pair of 93 pairs. ABCC floor is giving 1,500 QTUM for free to members. QTUM is currently traded at 6.8 $ / Qtum. Currently ABCC trading floor has about 49 electronic coins and 108 currency pairs being traded at the exchange rates of 3 BTC, ETH and USDT rates. Although established in April 2018, but up to now, ABCC's trading volume has been $ 67,312,623 USD (10,452 BTC) in the last 24 hours.
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Pros

ABCC is a fast-growing cryptocurrency exchange that is proud of its free-trading USP (no hidden fee or charge for any trading amount or tokens is applicable on their platform) And its quicker transactions (withdrawals/deposits/exchanges) and lower withdrawal fee make it fundamentally different from its competitors. However, I know you must be thinking as to how they earn their revenues? Well, as of now, the services are free for retail users. Their future revenue would be from API users and also other value-added services within the blockchain ecosystem. (More details on it later) Also, they have implemented different security layers for protection of investor’s funds and only list quality coins via a proprietary investment methodology.

Cons

Accounts without KYC can only withdraw up to 0.2 BTC within 24 hours and after KYC, the number of withdrawals is up to 200 BTC. Following are the KYC instructions. This is a new electronic money trading floor established in April in 2018. Although the life is quite young, in general, the ABCC floor is quite potential because of low transaction fees and many features to support users.