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South Africa
4 Level
101 Review
163 Karma

Review on Bitsoda by Samantha Beatrice

Revainrating 2 out of 5

Bitsoda Exchange, closed down

It is usually so sad and challenging to see an exchange which had potentials suddenly closing off usually due to little or no funds available but majorly due to unfavourable policy by some regulatory bodies or even the government. I had personally used this exchange before, though not frequently but it was recently I was shocked to see that it was even listed on Revain. The exchange uaed to have an excellent and an easy to use interface which was navigable. The customer support used to be very function but I haven't tried it since then. After trying to login to the exchange, I discovered that there was no longer access to the homepage or the trading page. Unfortunately, Bitsoda had its last tweet in November 2019 but finally Shut down in December 2019. It was an exchange with promises but had to shut down indefinitely due to the stringent regulations by the government. I hope traders can see that this exchange isn't a scam exchange.



Pros
  • The exchange isn't a scam exchange, it was closed due to stringent policies
Cons
  • The exchange is no longer accessible

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