Review on Bleutrade by Sudais Quadri
Bleutrade doesn't seem to be straightforward
Bleutrade is a centralised cryptocurrency exchange platform launched in 2014. The exchange doesn't appear to be regulated, there's no even confirmed information concerning the aspect of Regulation. This might raise a sense of untrustworthiness between the traders on this exchange and the exchange itself. The exchange had a trading volume of $2789 which has been depreciating over a while now. This exchange trades various altcoins against BTC and ETH. To trade on the exchange you jave to make your deposit and start trading, this was a very easy process and even free. I was doubting the exchange's credibility after i checked it out in Telegram where i had noticed inactivity for about eight months. The exchange has a nice trading interface but it is only best for beginners and not for advanced traders. I would have loved ti try out the trading app if it had any but unfortunately it wasn't ready and it doesn't seem to have plans to develop a trading app in the nearest future. The customer support is not responsive as well as unreliable making this exchange not credible and unfit to use by traders.
Pros
- The exchange has a nice interface for trading
Cons
- The exchange is unregulated making it a high-risk exchange
- Bleutrade doesn't have any unique feature to offer traders
- The trading volume keeps depreciating daily
- The telegram group has been inactive for several months
- The exchange has a poor customer support service
