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Ilorin,Kwara State.
3 Level
63 Review
70.5 Karma

Review on BitHash by Umar Musa

Revainrating 2 out of 5

This platform is not suitable for trading please stay away for now

In 2016, Bithash was started and led by Phoenix Trading Solutions. The platform seemed quite old so that in the sake of trial and error I was not able to risk any of my cash on the exchange. The exchange aims at ensuring that users have the greatest possible trading experience while trading. The exchange began with a very attractive 0,1 percent trade cost for buyer and seller and a 0,0005 BTC withdrawal fee. The exchange permits a deposit based on fiat. However, several users claimed that they could not withdraw their money, which has given this exchange a poor confidence value. On many trustworthy websites, CoinMarket Cap and there the exchange has recorded a volume of $0, which doesn't even provide information about the trade, the number is not clear of the cryptocurrencies offered on this Exchange are supported.

Pros
  • The exchange has a low trading fee
  • It is said that the exchange support Fiat currencies
Cons
  • The number and the type of cryptocurrency supported here are not specified
  • It has a low trading volume and no liquidity

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