Review on Bitsmo by larei bello
Bitsmo Exchange
Regulated by the Estonian Financial Intelligence Unit, Bitsmo Exchange was launched in 2018. The exchange is a fiat-crypto as well as a crypto-crypto trading platform that supports spot trading and margin trading. As a centralized exchange, Bitsmo boasts of about 10 million transactions every second which is pretty fast. from speed Bitsmo Exchabge also boasts of bank level encryption as well as anti-fraud technology. The exchange has partnered with Simplex so that users can easily convert their fiat currencies to cryptocurrencies. Apart from Simplex, the exchange also partners with MODULUS, NewsBTC, ShuftiPro. On CoinMarketCap, this exchange was tagged as Untracked Listing even when I tried looking for the trading volume of the exchange, I couldn't find it. It's better to trade with caution on this exchange
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Pros
- The exchange supports carious cryptocurrencies as well as fiat
- The user interface and experience us excellent
- The trading fees are affordable in this exchange
- The exchange is register with a regulatory agency
Cons
- The trading volume on Bitsmo is unknown
