Review on Altilly by SERDAR SEYLİYEV
An exchange that has not been developed recently.
Some exchanges in the crypto world are designed to target US countries. However, this exchange, unlike the others, does not serve in the US country. I have been using this exchange for 2-3 days and I would like to share my views about my experiences at least.
The Altilly stock exchange can only be accessed on the web. This means we can use it from any device.
When logging into the website of the stock exchange, he comes across with wonderful and colorful designs. The feature I like most in its design is the instant value table of popular cryptos on the home page. In addition to its design, it is also very simple to use. Even beginner users can make their transactions without any difficulty.
Transactions are happening very quickly. However, the feature I dislike in this exchange is that there is a huge advantage difference between the participant and the trader. So to be clear, the trader pays no transaction fee while the participant pays the transaction fee. I think the transaction fees are too high.
To say about the security issue, users' accounts are protected by the 2Fa authentication system. But to be honest, I don't trust the exchange too much, as this exchange is still not licensed.
In addition, unlike some other exchanges, the chat section of the customer support team is always active on the main screen. I think this is a great situation.
There is another feature in the stock market that I don't like. So, KYC verification system. Of course, KYC verification is not mandatory, but a certain limit of transactions can be made. I think this situation is disturbing for big investors.
Finally, there are many cryptocurrencies on the stock exchange, but some cryptocurrencies are very low in liquidity. This causes a concern for the user.
Pros
- has a simple to use interface.
- the design team has done a great job.
- the customer support team is always online.
- it supports many cryptocurrencies.
- fast transactions can be done.
Cons
- I think it is not suitable for small participants.
- The transaction fee sounds high.
- There are no recent developments and new features.
- There are other exchanges that are ahead of the competition.
- There is not much user base.
