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Lokoja
4 Level
215 Review
1593.5 Karma

Review on Bitcoiva by larei bello

Revainrating 2 out of 5

Without KYC verification, this exchange might be useless for Non-Indians

This exchange is quite new to the crypto-world. This exchange seems to be the most leading crypto exchange(according to them). The exchange is not so easy to use apart the sign-up part. All you need to do is to register and begin to trade, just be ready to provide your username, mobile number, email address and password after which an activation mail will be sent in order to verify account. In order to start trading I had to deposit in my account through bank transfers but it wasnt working without the KYC verification! So that means that without the KYC you can not do other activities in the exchange, I eventually had to quit using this exchange because there were other exchanges that had more to offer to the crypto market. The interface wasnt all that impressive at all, most of the times I used the exchange there was either navigation problem or non-responsiveness of the webpage. I didnt even spend much time with the customer support, because the exchange wasn't even what I needed it to be.

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Pros
  • It is one of the largest exchanges in India
Cons
  • The fiat is in Indian Rupees, not convenient for foreign traders
  • The user interface isn't well developed
  • KYC verification for non indians is stressful
  • The WhatsApp chat group isnt reliable
  • This exchange might as well be an exit scam exchange

Comments (5)

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January 27, 2021
Aman Arora i am happy that you have pointed out that KYC was successful, but i think the response time to various countries is small, that should be another reason. Lets not forget the customer support which isn't very reliable
January 26, 2021
Exchanges is specifically built for Indian users but if you want to trade tokens you need to transfer tokens and trade without fiat. I hardly use the exchange but kyc procedure was quick and in future I would surely look to use as most of the tokens I use to swap is not avilable yet.
January 25, 2021
Hey guys, Bitcoiva is also cool, though it is well suited for Indiana. Indiana Rupees happen to be the only fiat supported hence limiting foreign isers from trading in this exchange, I have done my KYC successfully!
January 25, 2021
Bitcoiva exchange is quite y to use and trase on but it is seemingly hard to trade as well, but my KYC has been accepted that was why I gave the exchange a good rating. Users should be aware of the exchanges they patronise before depositing their funds
January 25, 2021
I thought i was the only one that didn't like the KYC verification of this exchange, i eventually had to quit in order to avoid any risks of any kind. Users should look for other exchanges at least, this exchange is best for indians only

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