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Review on Bitexen by Faruk ELHAKAN

Revainrating 3 out of 5

IS THE BEST TURKISH EXCHANGE?

I trust Bitexen. Bitexen is a reliable crypto currency exchange, which has attracted the attention of investors with the coins it has recently distributed. Those interested in the crypto exchange have definitely heard of Bitexen Technology Joint Stock Companies. In fact, this company, which has been dropping coins for 2 years, took a big rise in June. The reason for this was that the coin drop program spread very quickly through references.
Bitexen gifted 5 Exen Coins to every user who registered and confirmed their identity in June. In addition, he gave 5 Exen Coins as a gift for each reference. At that time, Exen Coin price was around 13-14 TL. In other words, each reference brought 65-70 TL. When this was the case, it started to spread very quickly. As its popularity increased, the price of Exen Coin increased. In fact, it was over 20 TL for a period.
When Bitexen started distributing such money, the question came to people's minds whether Bitexen is reliable. It is unlikely to give a clear answer to the question of whether Bitexen is reliable, but an analysis can be made. Bitexen works like all stock exchange platforms, the trading logic is the same. They make a profit by taking transaction commissions from transactions. In addition, since they have to invest in the Istanbul Chamber of Commerce in order to enter this sector, they have investments of approximately 5 million TL. So, if Bitexen is closed today and its owners run away, they will have thrown away their own money of 5 million TL. However, when we look at the transaction volumes, 5 million TL is not a big money for Bitexen. If they wanted to commit a fraud, they could sacrifice 5 million and miss out on much bigger money. At this point, why should the question come into play, why would they turn it off?
Bitexen, like other stock exchange companies, has got its wheel in place and is a company that makes money from this spinning wheel. Their purpose is to gain users, make more transactions and make more profit. Nobody wants to spoil a company that operates in this way, moreover, if there is an arrest warrant as a result, they do not want it.
To summarize the subject; Bitexen Inc. a company with a certain amount of investment. It doesn't hurt right now. Nobody wants to spoil a structure that does not harm. In short, we can say that bitexen is reliable. However, we do not know what kind of events we will encounter in the future.



Pros
  • SAFE
  • technology looks good.
Cons
  • NEW PLATFORM
  • Most of the investors are Turkish users
  • You cannot place open orders except for a few cryptocurrencies.

Comments (1)

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October 26, 2020
It was a good review. You have well described the history and rise of Bitexen. You have well defined the pros and cons. You were honest too. Congratulations ... I am waiting for your new reviews.

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