Review on Bitvast by Joseph Bello
The Vast Exchanger platform
Bitvast is a an African digital brokerage for cryptocurrencies transactions from South Africa to be precise , Established in 2018 when the virtual currency market was becoming more prolific in Africa. The exchange is indeed a vast digital brokerage for Africa traders, it has provided traders in Africa an exquisite trade interface using digital currency. The exchange list just 9 altcoin on its exchange trade list and these are the major coins in terms of market Capitalization and market dominance and this in turn has also generated a high 24 hours trading volume on the exchange. The exchange has only allowed traders to perform crypto to crypto currency transactions hence it is not a beginner friendly exchange, the newbies still have to look for another alternative to get hold of their virtual assets with fiat, it would be great if the exchange could also accepted fiat currency transactions as a way of strengthen the exchange's development. Africa hasn't been left out as one of the continents taking a lead role in the adoption of the use of cryptocurrencies and they have relentlessly worked so hard in making it a reality despite the harsh policy against virtual currency in most African countries by Centralised bodies like the governments and financial institutions like the banks.
Pros
- It provides an exquisite trade interface
- The trade fees are so cheap including the withdrawal fees
- It has an active market for virtual currency
- It list the coins with high market dominance
Cons
- It doesn't accept flat currency
- It needs to list more cryptocurrency
