Review on CoinMate by Zahir Qarayev
Review on CoinMate
This site functions as a bitcoin exchange. It allows investors from all around the world to participate. If you're looking for a platform to use with a mobile app, you shouldn't choose this exchange because it doesn't allow mobile apps. Instead, you may use your phone's browser to access the exchange via online surfing. If you wish to register, there are five distinct tiers to choose from, each with its own set of verification criteria.
The cost for takers is 0.15 percent, whereas the fee for makers is 0.05 percent. The exchange has excellent objectives, and this will increase the liquidity of the marketplace. To entice traders with high trading volumes, the platform gives a reduction on trading fees. If you wish to make a deposit, you can only do it with cryptocurrency because fiat money was just banned, but the company promises to reinstate the fiat deposit option shortly.
It now provides decent services, according to feedback from the trades. Because the account has not been hacked, it has a high level of security. You can only trade with a limited number of cryptocurrencies.
Pros
- Hackers aren't a problem on the platform.
- Individuals and businesses can use it since it is widely available and accepted.
- You can simply browse and comprehend the procedure.
Cons
- The lack of credit card functionality has an impact on novice traders who may wish to utilize this platform.
