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Jigawa
3 Level
68 Review
108.5 Karma

Review on BITPoint Japan by Mallami Yusuf

Revainrating 2 out of 5

BitPoint Exchange isn't credible at all

BitPoint Exchange is a centralized cryptocurrency exchange based in Japan. It was created in 2016 and is owned by the RemixPoint business. The exchange is run entirely in Japanese, but I was unable to utilize it since it was difficult to locate a translation option, so I had to rely on Google Translator to navigate the exchange's website. Due to a significant tragedy that occurred some time ago, I haven't been able to trade here. In 2019, the BitPoint Exchange was hacked, and about $32 million in bitcoins were taken. For a hack of that magnitude, BitPoint Exchange is untrustworthy and likely to be hacked in the near future. I opted not to divulge my personal information to this exchange for security concerns. opted not to divulge my personal information to this exchange for security concerns.

Pros
  • I wasn't interested in trading on BitPoint Exchange
Cons
  • The company has been hacked before, it has little credibility