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Stalinabad, Tajikistan.
1 Level
152 Review
24 Karma

Review on BitForex by Jesmin Akter

Revainrating 3 out of 5

My personal point of view about BitForex crypto exchange.

BitForex offers a highly user-friendly experience for its customers and is capable of processing large numbers of orders per second. Even while it offers the opportunity to contact them directly and a large selection of cryptocurrencies at your convenience, it is a well-known exchange, and it has a feature that not many users appreciate: a list of exchange history.



BitForex offers very competitive transaction fees, which are extremely appealing to certain customers but not others. Users who have been involved in the digital asset market for a lengthy period of time might consider using this platform.



The team is concerned about the security of the exchange, which is why they have included certain security measures in the exchange, such as an offline storage, protection against DDoS attacks, SMS verification, and 2-FA.



Ultimately, it is one of the top cryptocurrency exchange businesses since it operates with a very wide understanding of blockchain technology; it is one of the leading platforms in the cryptocurrency sector, but it is not suitable for beginners due to the high level of expertise required.

Pros
  • It has a processing mechanism that is very quick.
  • It accepts a reasonable variety of payment options.
  • It is now easier to roll out new tokens or currencies on the platform.
Cons
  • Low liquidity.
  • Lots of bot trading.
  • Always listing low market cap tokens/coins.