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Abuja
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443 Review
750.75 Karma

Review on Bitso by Amos joseph

Revainrating 4 out of 5

Bitso exchange

Very few exchange integrate both use of fiat currency and crypto currencies for me this as an intuitive strategy of attracting investors and traders.
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With Bitso exchange traders can conveniently make fiat and crypto base exchange although there are restriction and limitation of use for some country users Interestinly Bitso exchange accept US investors which show the trading platform is very transparent in its trading activities.
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Bitso is a Mexican base crypto exchange for trading crypto currencies although the number of crypto pairs traded on these exchange are not much when compared to other competitive exchange it's can be accessed on mobile application and web browser users can makes direct purchase of crypto coins like bitcoin, ethereum and more using their local bank account, bank wire transfer and cards although these feature are also available for users within some regional zone.
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Bitso exchange outline some features that makes them stand out among other exchange which includes.
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1. Easy accessibility: Million of users have been recorded to use this exchange for their daily activities thousands of transaction are processed daily on the exchange which makes them very flexible to accommodate these high number of users.
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2. Multiple fund portfolio: multiple provided means of making deposit are available on these exchange both local bank using local currency, wire transfer and cards with crypto to crypto deposit.
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3. Maximum security: since it inception no record of hacking activities recorded on the exchange it can be seen users account are considered with maximum priority, users account are also protected using multisig protection system.
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Bitso exchange has lucrative exchange fee of about 0.1% to 0.15% this is quite considerable amount as compared to other exchange platform.
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Bitso is a recommended exchange for use.
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Pros
  • Support multiple method for buying crypto coins using local currency
  • Support fiat and crypto exchange
  • Flexible and scalable for use support multi users and transaction
  • Protect users account using multisig and API
Cons
  • Few crypto currencies are supported for trading