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Pedro O. Alvino M. photo
Venezuela
5 Level
886 Review
1576.5 Karma

Review on Azbit by Pedro O. Alvino M.

Revainrating 3 out of 5

Reliable centralized encryption exchange.

Crypto exchange that has more than all tokens belonging to the Ethereum network for its trade with pairs between USDT and Bitcoin, where its commercial interface is a bit complicated to understand since its design is trained for the use of expert operators, since operators with little experience will be able to count on live technical assistance via telegram.
According to the trading volume reports of the platform, liquidity is only promoted in its main trading pairs, such as BTC / USDT and ETH / USDT, thus leaving the other pairs with a very high percentage of liquidity, although it is worth counting that it has currency staking unusual in Bitcoin, Tether and Ethereum where it reflects acceptable annual percentage of return, since there are very few platforms that integrate a currency staking among the main crypto assets on the market.
Given the mobile version in development, the number of users in the exchange is remarkable despite its services and design, since it has an excellent community and 24/7 technical assistance, but in terms of currency trading options and liquidity it is far behind. below other crypto exchanges.



Pros
  • Inexpensive trading and withdrawal fees compared to other cryptocurrency trading platforms.
  • It has live technical support through telegram.
  • It has a large community on its social networks.
  • Associated with platforms and projects recognized in the crypto world.
  • Includes a system for staking currencies in USDT, BTC and ETH.
Cons
  • The purchase of cryptocurrencies on the exchange is done through a third-party platform.
  • Very few added currencies and liquidity is very low.
  • The development of its mobile app is still under development.
  • You only have one language.

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