Review on BuyBitcoin by Vincent Michael
It's risky to trade here (DYOR)
buybitcoin is centralised cryptocurrency exchange that was established in India. Is exchange only support the buying of Bitcoin and it doesn't support any other cryptocurrency. You can only buy but there is no form of deposit concerning this exchange. This exchange cannot be recommended to use as because it's only trading one cryptocurrency which I don't think he'll be good for everybody to use. We actually need a platform where we can trade many cryptocurrency as well as digital assets
The current uses of this exchange is not encouraging because the processes that are taking to even make a deposit it's very tough and it's not encouraging. Instead of operating with a platform that you waste your time in transaction I think it's better to find a better exchange platform that will give you everything you need just like the binance exchange all the kucoin. If you are using this platform to trade I guess you are being careful with your transactions because you might end up losing your funds and it will be hard for you to recover them.
For me, I won't use this exchange for any transaction. I will advise you to your own research and get to a conclusion and whether it will be a very nice way for you to bye bitcoins. The telegram community is also not having enough user's, I don't see a clear future about this Exchange, I will advise you to be very careful when you go about this platform
Pros
- It allows users to buy Bitcoin and save it in the wallet.
Cons
- It's not very supportive the server might be down someday
- Poor user's
- The community lacks usage by people.
- The reviews coming in about this exchange makes it looks like a fake project
