Review on BitForex by Alex Martakov
It can be noted that despite the lack of margin trading and the ability to…
It can be noted that despite the lack of margin trading and the ability to work with only one type of order, the BitForex exchange looks quite attractive. A large list of supported coins and tokens, low fees, user-friendly interface – all this speaks in favor of the fact that on this site it makes sense to register an account. At least in order not to miss a new promising coin, which will appear in the listing of this exchange much earlier than on more popular sites.
Pros
- Simple registration; No verification required; User-friendly interface; Wide range of cryptocurrencies; Low commission; Functional trading terminal; Security (account protection using 2FA and binding to a mobile phone). On the BitForex exchange very democratic conditions for the trader. Thus, Deposit replenishment is carried out without Commission payments to the site. Similarly, the exchange does not take Commission from the order maker. But for the taker, the Commission size is probably symbolic, and is only 0.1%.
Cons
- The lack of Russian interface; Only one type of order – limit; No margin trading; Support service does not speak Russian; There is no possibility to enter (and withdraw) Fiat currencies in a convenient way for the user from the CIS.
