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JOS
4 Level
77 Review
358.5 Karma

Review on Bololex by Jeff Ayuba

Revainrating 4 out of 5

Bololex, ruggedly supporting new crypto projects and offering traders fun way to earnings

Among one of the early crypto exchanges that had fun trading in mind, Bololex can be regarded in that small list. This exchange can be debuted for it's fun way of interacting with it's traders, offering fun ways of earning while doing what makes them earn money. This exchange has really gone a long way from down to the tops of CoinMarketCap ranking for it's trading volume being recorded daily as many people being to understand that these projects that Bololex do supports can be better. Being a great launchpad for new crypto projects to be launched, what one can expect is no indulgence by the team in scrutinizing the kind of projects they have portrayed for the investors. This is not the case scenario for Bololex as this exchange has in my honest opinion, does a lot of background check for many of this entry level crypto projects which have begun to make it to the top. My major advantage of this exchange is to its support for this new crypto projects which has opened me up to more of the problem solving capacitors of Blockchain technology and cryptocurrencies in general.
To compensation plan for traders, we get usual bonuses and fun ways of earnings like an airdrop, games from which we can play and earn from and daily entry points which can be redeemed for some specific coins. Trading fees on this exchange is also negligible while withdrawal fees can be quite high for some coins but majorly, they are quite competitive amongst many major exchanges. With no mobile trading application and a User Interface that resembles a gambling site (probably due to their support for fun trading), many professional traders might not really appreciate the work of Bololex exchange. It's still a great exchange for me, considering it's features. On a final note, this exchange has had no security breach and it's security features are limited to the normal two-factor authentication.



Pros
  • Bololex is noted for it's fun way of earning while trading through it's various airdrops and social activities
  • Bololex boasts of a very low trading fee on the platform which can still be further optimized by the use of its native exchange token
  • Records a good amount of volume despite being relatively new in the space
  • Bololex is ruggedly noted for it's support for supporting new crypto projects through it's ICO launching pad with low entry fees
Cons
  • Bololex is yet to have a mobile trading application
  • User Interface is not very advanced, its optimization for fun trading has an effect for professional traders