Review on BTC-Alpha by Stephen Toluwani
An Exchange with support for New Traders
BTC-Alpha is a Crypto exchange platform registered in the United Kingdom. The exchange basts of a 24-Hour volume of 64 million as at the time of writing which is okay as users will not be able to take advantage of a low volume to inflate coins price
My interaction with the exchange was not completely rewarding as I spent minutes waiting for the webpage to load open. The exchange has plans for a mobile app as they have the app in Beta mothe The exchange has a great inviting UI and on the charting area, the chart is supported and provided by TradingView and indicators. My best part of this exchange is it's support for newbies traders through their Demo modal which allows users to have a feel of the environment without risking real funds.
The exchange supports 49 coins and 80 pairs. The exchange charges a flat fee of 0.1%-0.2% which I feel is much as this is charged against both the market makers and the market takers which makes the exchange profit-oriented than a service provider. The withdrawal fees charged by this exchange are also outrageous for most of its coins
Pros
- Operates a demonstration modal for new users to have a feel of the trading environment in real time
- Chart is provided by TradingView and supports a range of Indicators
Cons
- Number of coins on the exchange are limited
- Flat trading fees of 0.1%-0.2% alongside outrageous withdrawal fees coupled with high withdrawal limits
