Review on Bitsmo by Pedro O. Alvino M.
Exchange with a liquidity
Exchange with a modern and well-structured design, presents a cryptocurrency market with a simple commercial interface mechanism and the possibility of being able to handle fiat currency for the purchase and sale of cryptocurrencies through bank transactions, since the exchange has several connections with banking institutions.
The volume of the exchange is not verified and the information it offers is limited, in which its liquidity system varies a crypto asset price arbitrage mechanism in different exchanges such as Kuccoin and Binance.
The security of the exchange is promoted by its partners, since it presents various partnerships with companies in encryption and computer security, such as Bitgo and Modulus Global.
Its commercial rates are at levels similar to other renowned exchanges, so it also has programs that commercial volume that can reduce its cost, in addition to network rates, it presents good withdrawal rates in several currencies that generally Their network commission is very high.
Pros
- Allows the purchase and sale of cryptocurrencies with fiat currency through bank accounts.
- It has an arbitration protocol connected to multiple exchanges to reflect the prices of crypto assets on the exchange.
- It has 24/7 multilingual technical support.
- Contains an artificial intelligence mechanism for price analysis.
- Associated with renowned platforms and companies in the crypto market such as Bitgo.
Cons
- It has very little information about the trade volume of the exchange.
- There are errors in the exchange's trading interface entry.
- Your mobile app for android and iOS has application download link errors.
