Review on BitcoinTrade by Praise Olagbadun
The Brazilian Exchange Platform
TTrading of cryptocurrencies has gradually gained a massive adoption across the globe. This is proven by the fact that it is rare to find a country without its own exchange platform. Just today, I got to know about a Brazilian exchange platform.
This exchange platform is known as CryptoTrader exchange platform (I sincerely wonder why they call this exchange platform is called CryptoTrader as the name sounds awkward to me). This exchange platform focuses on the Brazilian market and has been able to prove this by having a captivating interface. I find the interface of this exchange platform nice and compelling. The security record they have been able to keep is also something to be fascinated about as the exchange platform is yet to experience any security breach ever since its existence. One might say that this is because the exchange platform is not too popular. Well, I think it's still an achievement.
There is a feature the CryptoTrader exchange platform has that I don't like at all. This happens to be the fees they charge for trades. On exploding their site, I discovered that the exchange platform charge 0.5% for Takers and 0.25% for Makers. I find these fees really high and not attractive at all. I guess this is majorly because of the fact that the exchange platform is located in a country that doesn't have much exchanges. I just hope they work on this fee as it is just too high to maintain.
Pros
- They have a good interface
- Their security seems moderate as they are yet to be hacked
- Have their mobile applications available
Cons
- I have a big problem with the fees they charge for trades made
