Review on Bitfineon by Hassan Abdullahi
Not a reliable platform to trade on, don't register here!
I have actually noticed alot of exchanges coming from Seychelles most of which are good but few others which i have explored turned out to be exchanges with negative intent. Today, I'll be looking at one of those exchanges which seems to be inactive and no longer offering any active trading services. Launched in 2019 in Seychelles, Bitfineon exchange is a peer-to-peer marketplace for different cryptocurrencies. Usually, I don't opt for exchanges whose founders are anonymous, because there's a great risk involved. If there's any need to reach out to the development team due to a complaint it's not going to be possible. Since, I didn't see any information about the founder of the exchange, I didn't bother registering on the exchange. Though the exchange on the other claims to offer military grade encryptions on their servers to prevent penetration of their security system. On CoinMarketCap, this exchange has a training volume of $0.
My overall verdict on this exchange is " don't trade here! It is not an active and a reliable platform.
Pros
- It claims to be a Security focused exchange
Cons
- Generally, this exchange doesn't have any verified trading volume
- The founders are not known, very suspicious....
