Review on CanBit by larei bello
CanBit exchange, seamless trading experience though its still having trust issues
CanBit exchange was launched in 2019, with the use of well advanced technology to make trading easier and faster for traders. The exchange has an easy to use and a mobile friendly interface with a very clear and easily comprehensible trading charts. The ease of registration eight from the beginning of the exchange doen to the withdrawal is a great indication that CanBit is a very successful exchange. On this exchange, alot of cryptocurrencies are traded alongside numerous trading pairs to make this exchange excellent in terms of Liquidity offered. The fee charged by the exchange isn't really provided as an information on the exchange, this has actually prevented me from trading at he moment, but i believe that for an exchange with nice Liquidity like CanBit, the trading fee is going to be very low. The exchange also offers fiat currencies like Usd and KRW which means the exchange is a fiat-crypto and crypto-crypto trading platform. The two-factor-authentification is the surest way to protect your account and funds, it is still not confirmed whether CanBit uses cold storage or not. I haven't traded here yet, but I am certain that the experience gotten from this exchange will be seamless.
ο»Ώ
Pros
- It supports multiple cryptocurrencies
- The trading interface is proffessional and user friendly
- The trading fees are supposedly low
- The exchange offers spot, margin, contract,OTC trading
Cons
- This exchange doesn't really provide much information about itself, reducing its trustworthiness
