Review on BTCMAX by Pedro O. Alvino M.
Centralized exchange for OTC cryptocurrency operations and data analysis.
Centralized exchange registered in Singapore is designed to generate security in the assets and information of the users, since the hacking of cryptocurrency trading platforms is very high, but the operation of servers protects the information and blocks the access of unwanted users.
It has several currencies for trading, it is one of the characteristics that BTCMAX has that despite not having a fully verified volume, it is possible to trade given the low limits allowed by the exchange, in addition, the trading fees are not very high and They are equivalent to other popular exchanges but in terms of withdrawal fees, some cryptocurrencies have a low withdrawal rate so it is very convenient for operators with low volume.
Many of the centralized exchanges are more focused on the security of the users and the platform such as BTCMAX but their lack of innovation and little cryptocurrency trading features are decadent, which the influence of users on the platform is very low and Without having to add the complexity to download the mobile version since it reflects a series of steps that must be carried out to be able to trade within the mobile app, in a certain way BTCMAX requires much more work to generate many user entries on its platform .
Pros
- It has a wide variety of crypto assets and exotic exchange pairs.
- It has both an online and offline storage system for safeguarding assets.
- Includes a beginner's guide to the exchange to the market.
- It has a mobile version for android and iOS.
- Acceptable exchange and withdrawal fees compared to other recognized exchanges.
Cons
- Your download system for the mobile version of the exchange is very complicated.
- Most of the languages included are for Asian regions.
- Technical support system is very old.
