Review on Brasil Bitcoin by Stephen Toluwani
This exchange is perfect for Brazilians but they need to add more cryptocurrencies to trade here
This is an exchange that is said to be or means to be a platform and should be convenient for Brazilian traders to buy and sell bitcoin at a convenient rates and the best or low fees as compared to using platforms that are off the Coast to the Brazilian people. Unfortunately this is not the case for the Brazil Bitcoin exchange as they have one of the highest fees and volatile rates you can see in the Brazilian cryptomarkets today. This exchange has not been able to achieve anything comprehensible that will point out its success and is most probable that they will be heading for their bigger market soon only if they open up the opportunities to other Traders around the vicinity. The platform is very easy to access and easy to understand but due to the limits of one's location, users from different countries apart from Brazil cannot use this exchange for anything revolving around bitcoin or crypto exchange. This exchange also falters in the fact that it only offers bitcoin for sale when there is over 10,000 cryptocurrencies in circulation all over the market. More work needs to be done for these exchange before they will lose their market image
Pros
- The User Interface for the exchange is very welcoming and easy to navigate
- There is no issue surrounding security as they have been fully licensed and backed by insurance cover
Cons
- The exchange focuses on just one coin; Bitcoin
- Rates are said to be usually higher than markets value
