Review on FT Exchange by Killer Bean
I wasn't able to trade on this exchange!!
From the OKEx Cloud, i present FinTech Exchange also known as FT exchange. FT exchange was launched in 2019 in Singapore. The exchange was developed by expert in the field of IT and Blockchain technology. Registration in this exchange was very easy, only my email and password waa needed for this process. The next thing was to deposit, depositing in this exchange seemed to be only via cryptocurrencies but I was not happy when I discovered that the they had suspended deposit or withdrawal making it impossible to trade. Hence registration is just a waste of tine on this exchange. The exchange used ro support Cryptocurrencies like Bitcoin, Tether, ChainLink, Paxos Standard Token, Litecoin, OKB, Ethereum Classic, Cardano, DASH, Gemini Dollar, EOS, IOTA, Dogecoin, Bitcoincash and a few other cryptocurrencies. The exchange has a nice trading outlook, making trading to be easy, but since deposit jas been suspended, trading wasnt possible. The exchange had an app but since it wasnt from playstore I could not download it due to fear of installing a harmful APK. The KYC verification seems to be a very easy process as only few documents are required for the basic level, i didn't do the KYC due to fear of giving out my information to an exchange i didn't trust. I didn't bother to look at their fee structure but since it is from OKEx Cloud, i believe it is going to be a very affordable fee.
Pros
- There is nothing positive about the exchange, i wasnt able to trade
Cons
- The exchange isnt liquid at all, looking at their daily trading volume which is under $50
- The user experience is poor
- The exchange isn't a true representation of OKEx
- Deposits and withdrawals have been suspended
