Review on BITEXLIVE by Adedamola Adeniji
Bitexclusive Exchange is Turkish And Genuine
I have always had my reservations for Exchanges coming from Turkey. My bias is stemed from no other point but from my experience most Exchanges from this place are fake.
However BITEXCLUSIVE is different. It won't really surprise you as credence to this fact is that REV Token Is listed on this platform.
Bitexclusive is an exchange that provides order books that is highly liquid facilitating Seamless exchange of BTC, ETH, Tether, Litecoin, Ripple among others at minimum slippage.
It has on it 16 coins and over 30 trading pairs and the most active pairs on it are BTC/USDT.
It is a Turkey based digital assets exchange lunched in 2018, a multi-lingual platform supporting English, Turkish and Deutsch
Bitexclusive has a reported 24hrs volume of 4268220 dollars with 0 dollar estimated real volume.
You need to equally know is a centralized exchange, well I prefer decentralized ones because they are more secure and privacy guaranteed.
Premised on Expertseport and Algorithm facts it has low rating interms of confidence. US residents can equally trade on this PLATFORM.
SECURITY
All Its data are transmitted via an encrypted transport layer of security (TLS) on Hyper Text Transfer Protocol Secure.
It claims to secure users fund in cold storage with a multi-signature tech. Well from my experience cold storage is better because it is offline and hack proof. You will need to go through the two factor authentication protocol for your withdrawal or any change initiated in your account settings.
FEES
It charges a flat fee of 0.20 percent per trade which is slightly lower than global industry average. There is also a speculated zero- free trading on BTC, ETH, and USDT.
For withdrawal it is fixed and varies from Crypto to Crypto.
DEPOSIT METHOD
It accepts wire deposit but not through credit cards. New commer trader can equally use this platform via wire transfer please note.
Support
It's is web-based and available round
SIGNUP
BITEXCLUSIVE exchange sign up process is quite easy, I was only required to present my email address, desired password that you need to repeat, then click the terms and conditions box then you are good to go.
RECOMMENDATION
YOU SHOULD DO A THOROUGH RESEARCH BEFORE TRADING ON THIS EXCHANGE
Pros
- Bitexclusive is armed with two factor authentication protocol.
- It secures digital assets in cold storage which from my experience nis highly secure.
- Its web based support is available round the clock.
- Seamless Sign up process.
- Multi-lingual platform.
Cons
- Rated low from confidence Algorithm.
- Not available on mobile devices.
- Doesn't support credit card deposits.
- No information about its team.
- Relatively new with no track record of Operational history.
