Review on BITHOLIC by Adedayo Adeniji
BITHOLIC
Bitholic is a Singapore based cryptocurrency exchange and doesn't allow US investors.
Bitholic supports thirteen cryptocurrencies and charges you 0.001btc as withdrawal fees for BTC withdrawal, it also charges a flat rate of 0.10% as trading fees for both taker and maker respectively and conclusively comparing it can be said its fees are competitive.
Bitholic doesn't accept fiat deposits via wire transfer or credit and debit cards except for cryptos alone therefore it doesn't qualify for an entry level exchange.
In my observational findings Bitholic has metamorphized in nomenclature to Bithumb and it has a five trading pairs with a trading volume of $3939.42. I hope this report helps you form a decisive trading opinion without regrets about trading on Bitholic.
Pros
- Its fees are competitive
Cons
- It doesn't allow US investors
- Its trading volume is low
- It supports too few cryptocurrencies
