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lome maritime/TOGO
4 Level
117 Review
1307.25 Karma

Review on Foxbit by theorich coreen

Revainrating 5 out of 5

Exchange platform of liquidity.

FoxBit has come a long way from when it was just a concept.The management team didn’t even meet face to face at first,instead relying on the convenience of social media,specifically facebook,skype and Hangout,to communicate.



Pros
  • Foxbit offers wire transfer as a deposit method.
  • Accepts fiat deposits.
  • No deposit fee.
  • Hot and cold wallet addresses,both of which are transparent.
  • Promotes diversity in the workplace.
Cons
  • No margin trading.
  • Customers accuse it of having no backup servers.
  • Users complain of interface issues.
  • High withdrawal rates.
  • Technology infrastructure issues.

Comments (1)

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April 13, 2020
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FoxBit also has growth on its mind,with plans to eventually expand into other cryptocurrencies beyond bitcoin.