Review on BTC-Alpha by ismail karasahin
I guess I will not choose this exchange anymore ...
One of the worst exchanges I've ever experienced. I deposited altcoins the other day. I had to trade 3-4 times to be able to withdraw him as DOGE. As with other exchanges, you cannot trade directly using USDT or BTC trading pairs. You need to make 3-4 transactions by converting BTC, USDT and USD trading pairs.
Unfortunately the problem did not end with that, the transaction volume of altcoins is very low, the difference between buy and sell orders can reach 5%, which is a huge problem for someone who trades in high volumes.
Finally, they process your crypto withdrawal orders manually, and this withdrawal can take up to 48 hours.
The other day I withdrew a REV Token from here on the TRC20 base, then I placed a withdrawal order from btcalpha to another exchange as TRC20, they canceled my withdrawal order after 24 hours, and they suspended the TRC20 withdrawal. I had to withdraw my money back by paying high transaction fees on ERC20 base.
As a good thing, I can say about this exchange that it has fiat currencies and its integration with banks and systems to attract these currencies.
I do not know if all the mishaps due to the current market found me or this stock market is really bad, if I use the stock market in the future and my mind changes, I will update my review, but these are my current thoughts.
Pros
- Supporting fiat currencies and offering withdrawal
Cons
- Low transaction and coin volume
- Withdrawals that require manual approval
- Insufficient technical support (they give stereotyped answers, they are not personally interested in your problem)
- Low number of trading pairs listed
