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967.5 Karma

Review on BTCMAX by Naomi Ilani

Revainrating 1 out of 5

I Wouldn't Advice Any Trader To Use This Exchange Platform

It is really disheartening to wake up to a news that the exchange platform you use frequently and where you have almost all your crypto investments in has closed down. This can be very disastrous to crypto traders as they might begin to think where they can start from and might lead to some health challenges. Due to this, traders need to very careful in choosing an exchange platform. In addition to being careful, they also have to be strict too by taking any exchange platform with a little suspicious feature out of the picture.
The exchange platform I would be reviewing today seems to be quite suspicious and I would advice any trader that is planning to use this exchange platform not to use it.
The exchange platform is known as BTCMax. It is a Singaporean exchange platform that was launched in the year 2019. Using the exchange platform is a very risky adventure that can be avoided. Avoiding it would be better, I guess.

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Pros
  • Transactions are faster on this exchange platform
Cons
  • The exchange platform is limited to Bitcoin only, as its name implies
  • The exchange platform looks quite suspicious to me