Review on Cryptopia by Bukola Joy
Poor security and maintenance cryptocurencies exchange platform
I am reviewing about CRYPTOPIA today and I am happy doing well on this platform even with less experience in the trading industry.
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CRYPTOPIA is a frontier less experience cryptocurencies exchange platform that was established years back in 2014 in Zealand, it had gained popularity despite been established not quite long because of the numerous benefit In the trading aspect. CRYPTOPIA offers a very smooth, fast, and secure cryptocurencies transaction .
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CRYPTOPIA has it founding headquarters in Asia Pacific APAC, Australasia.
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In CRYPTOPIA exchange platform, they have a simple interface, secure Exchange experience, fast transaction, good trading pair which all takes a little time to achieve..
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CRYPTOPIA give a transparent trading to all users though it experienced a security threat in January 2019 which makes the hacker to steal a huge lot of money accumulated to about 15% of users fund ($24m), this has made this Exchange platform to be on the high security check maintenance.
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CRYPTOPIA support a very large cryptocurencies with a lot of global users.
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The fee for both takers side and Makers side is the same which is 0.20% though I consider it very much high. But in cryptocurencies BTC withdrawal is 0.002. CRYPTOPIA doesn't allow deposit through credit card but is made available on wire transfer and it also allows deposit of Fiats currency. I can't recommend it for now till it is been stabilizeI
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Pros
- Smooth transaction
- It support outranged number of Cryptocurrencies
Cons
- A hacked platform
- Users funds are looted years back
- Still under maintenance.
- Poor security
