Review on BitForex by Julius Jegede
Bitforex
BitForex is another such overseas cryptocurrency exchange (Seychelles). The exchange is one of six stock exchanges registered in Seychelles. In the email sent to users on October 23, 2019, BitForex announced that they now have more than 3 million users. The exchange also offers a good selection of trading pairs (92 different trading pairs) and very considerable liquidity. When this review was first published (October 2, 2018), BitForex had a 24-hour trading volume of US$315 million, making it the 11th largest 24-hour trading volume in the world. ; However, as of the last update of this review (March 20, 2020, during the COVID-19 crisis), the 24-hour delay is $1.95 billion! This makes him ranked 23rd on the Coinmarketcap list of world exchanges in terms of trading volume within 24 hours.
Pros
- Exchange
Cons
- Terms of trading
