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Pedro O. Alvino M. photo
Venezuela
5 Level
886 Review
1576.5 Karma

Review on Bitfineon by Pedro O. Alvino M.

Revainrating 2 out of 5

Centralized exchange in full swing

With the previous launch of this centralized exchange, the user base that integrates the exchange is still unknown as the volume reported by the crypto trading platform, in addition to having a low number of crypto assets, but its trading system can be beneficial for any operator , given its coin staking mechanism and referral system.
With a completely fast registration process, it also has the distinction of offering a demo account to practice and avoid risks of loss when trading on the platform, in addition to integrating various educational tutorials to nurture knowledge to the inexperienced operator. It admits deposits in both Fiat and crypto assets, its withdrawal mechanism is very simple according to its KYC verification procedure in case of conversion to Fiat and in terms of cryptocurrencies, it proceeds with two-factor authentication and its withdrawal fees are really cheap.
In general, this exchange is still in its initial phase since the number of coins is low and the volume it generates does not have a support from a crypto-exchange monitoring platform, therefore, in my opinion, the exchange should be expected to have a solid user base and provide even more information on your leaders and developers, as well as future plans for the exchange.



Pros
  • Your exchange registration process takes no more than a minute and you have a demo version.
  • Provides tutorials on how the exchange works.
  • It has two-factor authentication and cold wallet storage.
  • Integrates a system of referrals and discounts for volume generated in the exchange.
  • Their withdrawal fees are cheap compared to other exchanges.
  • It has a staking service.
Cons
  • Very little information on exchanges and volume generated.
  • There is no version for mobile devices.
  • Your business interface can be a bit complex for the inexperienced.