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Turkey, Istanbul
1 Level
16 Review
10 Karma

Review on Bitcratic by Diana Lucky

Revainrating 2 out of 5

Pretty simple, but dubious exchange

Bitcratic is a small, easy-to-use and functional crypto exchange that was launched in 2018. The site is designed and displayed only in English, which limits its use to other foreign users who do not speak English. It would be nice to add a few more other languages, I think users will appreciate it and there will be a visible increase. The issue of security is not entirely clear - there are those who say that their funds were stolen from them and there are those who are confident in the reliability of this exchange. Yes, the project is decentralized, it should be logically more reliable, but the owners themselves can also trade in fraudulent or hacker affairs. Therefore, the issue is debatable, let everyone decide for himself whether to launch his money there or not. Registration is not required, everything is simple - that's a plus. It is enough just to back up your wallet, but fiat money is not accepted (note). Fast and easy exchange, many major cryptocurrencies in use. While the opinion is ambiguous.

Pros
  • Simple and fast to use
  • Intuitive interface
Cons
  • Low liquidity
  • Bad reviews, there are big doubts about the safety of funds
  • Weak technical user support
  • Website in only one language (eng)