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Pedro O. Alvino M. photo
Venezuela
5 Level
886 Review
1576.5 Karma

Review on GDAC by Pedro O. Alvino M.

Revainrating 3 out of 5

Digital asset market

A digital asset management platform, including cryptocurrencies that allows trading between different trading pairs in cryptocurrencies and in addition to being able to trade with fiat currency, in this case KWR.
With a modern design and good commercial activity, the exchange has several cryptoactive services, which stand out between currency custody and staking service, where the custody of currency is only guaranteed for bitcoin with a percentage of 10% per year for said process , in which at the moment it only supports bitcoin and as the currency staking is only compatible with cosmos (ATOM) and Luna (LUNA) that varies with 7% and 8% of rewards for blocking.
The security of the exchange is well protected, also in the wallet section, they are associated with the Bitgo platform, which is a specialist in the safeguarding of digital crypto assets, in which it also has an online chat through the platform of Kakao.
The liquidity that the exchange handles is acceptable and its fee system is passable given the comparison with other exchanges, however there are certain details of the operation of the exchange that can be complicated for beginners of the crypto market.



Pros
  • Offers an OTC market and fiat currency trading pairs.
  • It has a custody service on bitcoin with a considerable annual percentage of return.
  • It has a staking service with more than 7% annual return.
  • Add various events and reward programs for trading activities on the exchange.
  • Provides a high security wallet service through the Bitgo company.
  • It has several guides on the exchange and management of digital assets.
Cons
  • It does not yet have a mobile app.
  • It can be very difficult for beginners in the market.