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Navruza Saitkulova photo
İstanbul
4 Level
306 Review
868.75 Karma

Review on BiteBTC by Navruza Saitkulova

Revainrating 2 out of 5

I do not recommend anyone to use it and create an account.

There are many exchanges on the market that offer many features and promise to offer safe use. However, while some of them continue to offer the features they promise, some have never gained user trust. BiteBTC exchange really sounds like an insecure exchange to me. First of all, KYC verification is required to create an account, and it's pretty scary. Because a new user only needs to enter his private information to create an account without fully knowing the exchange.
Transactions can be made with many crypto currencies in the exchange. However, I think the transaction fees are very high. However, there are many payment options available for crypto purchases. Of course, this is a normal situation.
The exchange is very simple to use and very simple in design. To be honest, I had no difficulty.
However, I do not trust the developers of the exchange. Because they do not have detailed information about the developers and when I wanted to get the information on this issue, there was no response.
When I think of all these together, I think the stock market should be developed more and made more secure.
Finally, there has been no innovation or update on the stock market for a long time. It could probably be abandoned. However, I am not sure about that.



Pros
  • simple to use.
  • transactions are fast.
  • There are many purchasing options available.
  • multi-language support.
Cons
  • transaction fees have flown.
  • There is not much user relationship.
  • KYC verification is required.
  • There is no detailed information about the developers.
  • the support team did not respond.

Comments (1)

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February 01, 2021
Can you say what you said more clearly. That is, can not get information without creating an account, or do you need KYC verification to create an account? If that's the case, it looks really scary. It could probably be fraud.

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