Review on Bitfare by Samantha Beatrice
I wouldn't even give this Exchange a star 🌟
Bitfare crypto exchange is an England and Estonia based exchange that deals in the trading of cryptos. The centralized exchange, Bitfare, was launched in the year 2019 has so far not really achieved anything. Infact the website was not opening when I clicked on it I believe maybe it has been shut down partially or is a scam. They have been presented reviews made by other websites and exchanges identifying Bitfare as a scam. I was unable to register not to talk more of accessing the site. As of 4th January,2020, some users reported some delinquencies on going in the platform such as balance discrepancies, deletion of deposit history e.t.c. Meanwhile there has been no response from Bitfare in regards to these allegations raised by the users and thus makes alot of crypto enthusiasts question it's authenticity.
Pros
- Since it is from Estonia, the exchange is most likely Regulated
Cons
- The exchange exhibit features of a SCAM exchange
- The exchange hasn't done much in the cryptomarket
- The exchange had some fraudulent activity before being inactive
