Review on Burst Asset Exchange by Kehinde Oluwakemi
A crypto Assets Exchange
Burst Asset Exchange is a crypto exchange that accept only cryptocurrency as their methods of deposit, and restricted new crypto investors from Trading Burst Asset Exchange unless the New investors purchase crypto from another exchange first and then deposit them at Burst
Burst Asset Exchange is called decentralized exchange, and decentralized exchange does not require a third party to store or Trading funds. Instead traders are always in control of their coin and can conduct transaction directly with whoever wants to buy or sell their coin. Because of this their fund's are secure
Trading view, Different exchange with different Trading views. The traders determine which Trading view suits them best. No information on on Burst Asset Exchange Trading fees or withdraw fees, which is potentially risk the investors, Because if the exchange website does not inform the fees anywhere, it probably there is generally high risk that the fees are high which is not good for the investors. So the investors are encouraged to make analysis of the fee at the exchange trade before they deposit funds
Pros
- Is a decentralized exchange
- The traders funds are safe in term of security
- Is a cryptocurrency exchange.
- Traders are in control of their fund's.
Cons
- No information of fee make it risk for the investors
- New investors are not allowed to trade Burst Asset Exchange
- Both buyer and seller pays fee
New products
Comments (2)
May 28, 2020
Burst asset exchange is a decentralised exchange because it accept only cryptocurrency as it method of deposit and retracted new crypto investors from trading it. It does not allow a third party to store or trade fund for it's traders are always in control of their coin and can conduct transaction directly with whoever they want to buy or sell their coin which makes their fund secure
May 28, 2020
Burst Assets” as a token for most things with value. They give many examples of such assets, including shares in: crypto mining rigs, crypto gambling sites and silver investments.
