Review on FOBLGATE by Adedayo Adeniji
FOBLGATE
Foblgate is a cryptocurrency exchange from South Korea, it was released in July 2019. It has a good liquidity.
Foblgate charges you a flat rate of 0.05% as a taker and as a maker for trading fee which is quiet competitive and it charges you 0.00027btc as withdrawal fee which is quiet enormously competitive as well compared to the industry's average.
Foblgate supports about twelve cryptos and only accepts fiat deposit through wire transfer without credit card alongside cryptos deposit and it qualifies for entry level exchange as new investors can participate as well.
I wish to bring to your awareness that presently this exchange has a great liquidity as its trading volume is $64,574,087 with 23 trading pairs, so I kindly advise you can go trading on this platform with no fears.
Pros
- It has good liquidity
- Its fees are highly competitive
- It allows fiat deposit
Cons
- It doesn't allow credit card fiat deposit
- It supports too few cryptos
