Review on BitClude by Adedayo Adeniji
BITCLUDE
BitClude is a Poland based cryptocurrency exchange that is founded in February 2019 and only provides trading on Bitcoin and Litecoin only, it majorly meant for the Polish users in the sense that the details of how to use the platform is configured in Polish language so making it difficult for non-polish users to navigate.
You are charged as a taker on BitClude platform a 0.30% trading fees while as a maker you are charged nothing, you are charged 0.0005btc as withdrawal fees which is quiet below the industry's average of 0.0006btc.
BitClude accepts fiat deposits through wire transfer aside cryptocurrency deposits thereby it qualifies as an entry level exchange.
BitClude is a regulated exchange with 95% of its assets stored offline for security and safety.
Pros
- It is centralized
- It is safe and secure
- It accepts fiat deposits via wire transfer
- It doesn't charge trading fees for makers
- Its fees are competitive
Cons
- It only supports litecoin and bitcoin
- It doesn't accept credit and debit cards deposit
- It is configured in Polish language
