Review on BTC-Alpha by Naomi Ilani
My Review On BTC-Alpha
The BTC-Alpha is an exchange platform that was founded by a Russian, Vitalli Bornar and has its headquarters situated in the United Kingdom. The platform started operations in the year 2016 and has ever since continued to increase in the number of active users. The platform is know to support the trading of both the fiat and cryptocurrency and charges both makers and takers a fee of 0.2¢ each which is a bit cheap in comparison to the industry's average, 0.25% . It charges a high withdrawal fee of 0.00135 BTC which is far above the industry's average (0.0008 BTC). The platform should really work on reducing the withdrawals fee.
Pros
- For security purposes, BTC-Alpha makes use of the 2 Factor Authentication
- The exchange platform supports the trading of both fiat and cryptocurrencies
- Supports more than 50 cryptocurrencies, making it diversified
Cons
- The customer service is really slow and sometimes frustrating
- The platform currently does not have a mobile application and is still under development
