Review on Bitibu by Emmanuel Sunday
A dead exchange; due to poor services rendered
There are a lot of exchange out there, a ggood number of them. And many are being added to the long list always. Well most of the exchange are unable to stand in the competition for long so the are being taken out by it's competitors. This is the case of bitibu exchange. It was launched in 2018, whose founders where not clearly being stated. I got attracted due to the trading fees, which is the main concern of a trader. Trading fee here is favourable, they charge you about 0.1% which very low compared to others. But a huge red flag was there various withdrawal fee, this one if the important fee, as it is the main determining factor of you opting out of a platform successfully. This fees is very high, and doesn't make sense. The withdrawal also requires manual confirmation, which is a very bad practice in the modern world. They had to go out of the marketplace due to poor underdeveloped services
Pros
- Nothing good to point out in this exchange
- Having a very competitive trading fees
- Nothing is good about the exchange.
Cons
- It is no longer accessible, the site is down
- Very analog, your withdrawal has to be approved manually.
