Review on Altcoin Trader by Ferdinand X-way
A South African crypto-exchange.
Like most crypto-exchanges, South African AltcoinTrader offers a single account type with no minimum initial deposit requirement and no leveraged trading options. Another common practice in the crypto-space that AltcoinTrader utilizes is the two-step verification process. Customers who would like to raise their account limits and minimize processing time must go all the way,ploading ID card, proof of residence, etc.
Pros
- This trading platform offers wire transfert as a deposit method.
- The exchange has a security score of D.
- 8 digital coins offered.
Cons
- credit cards are not permitted.
- AltCoin Trader does not explicitly prohibit US-investors from trading on its exchange.
- No inter cryptocurrency trading, no leveraged trading.
- Low liquidity.
