Review on BitUBU by Pedro O. Alvino M.
Centralized exchange from Turkey
BitUBU, a centralized exchange from Turkey, has specialized trading tools for expert and beginner traders, in addition to the large number of listed cryptocurrencies, the liquidity it provides is moderate and it establishes cheap and fast withdrawal fees.
To be constituted as a centralized exchange, in general it has certain limitations in mind to freedom of trade, to tell the truth, centralized systems have not generated much confidence in me compared to decentralized exchanges, however the exchange methods it applies are recommended for any In addition, the assistance it provides is very fast and thanks to the adaptation of languages there is no need for a translator to be able to present problems within the exchange.
The UBU token originally originating as Ethereum's ERC-20 token, serves as an asset to trade within the exchange and at the same time reduces trading fees.
Pros
- Offers an advanced and basic trading system, ideal for experts and beginners in the market.
- List over 70 popular cryptocurrencies and stablecoins on the market.
- It has several layers of security and protects assets in a wallet with cold storage.
- Provides its own UBU token, which reduces the trading fee on the exchange by a percentage
- Supports more than 5 languages in the exchange, including English and Spanish.
Cons
- Constituted as a centralized exchange.
- does not have online chat.
- You do not yet have your own mobile commerce app.
