Review on Bitcoin.com Exchange by Killer Bean
At first,I thought it was a scam exchange but I just discovered how good this exchange is!!!
Ever since I heard that this exchange acquired the boa exchange I had rushed to come and check up on the exchange. I immediately went to register but this wasn't working, after providing my email address and password, I clicked the register button but nothing loaded, I left there and changed my browser and it began working fine. The exchange has a very good interface with well laid out designs. This exchange reminds its users the nature of services they are offering which are security, speed and reliable. After I registered, I deposited some funds through my credit card though deposit by cryptocurrencies was another option. Well, trading fees here are quite inline with average standard fees, 0.2% for takers and 0.15% for makers, this is to further increase the liquidity experienced at the exchange. I haven't made any withdrawal yet because I am still trading to understand the exchange more. The telegram group was the only community group I visited there the group was active with an average time of response to complaints, not too fast not too slow! This exchange also support leverage trading by perpetuals only, with a leverage level of 10×. I haven't quite understood how to trade by leverage because I have made more losses with leverage trading than profit, leverage trading is user's dependent, I am only giving a piece of advice: " leverage trading can bring about good profit as well as bad losses". This exchange is actually a great work, I learnt it recently acquired Boa exchange. The adoption of a mobile app is another great step towards achieving greatness in this exchanged,the app has a more customized and well designed outlook and graphics giving traders the best trading feeling possible. Most of the users on the telegram group complained about the KYC, this will however be the basis of my update on this exchange
Pros
- There is leverage trading up to 10×
- The user interface is quite good
- It accepts deposits by cryptocurrencies and credit cards
- It recently acquired another exchange under its name
- The trading fees have promoted deep liquidity in this exchange
- Airdrops are frequent on the Telegram group
Cons
- The webpage still needs to be worked on
- I do not understand how this exchange was found in 2008 when Bitcoin was found 2009
