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

Review on Hoo by Pedro O. Alvino M.

Revainrating 5 out of 5

Robust exchanges with various functions and programs in cryptocurrency trading.

An exchange with multiple commercial functions in crypto assets, currently presents its own chain like other exchanges such as Okex and Binance, so that it can allow the development of applications and projects, given its interlinking protocol in chains that grants the migration of various crypto assets.
Regarding the commercial development of cryptocurrencies, it has several commercial models adapted for any operator, so that Spot trading enables several guides on the exchange trade, in addition to also providing a futures market and a rapid exchange protocol, which this an automated market is understood where users can provide liquidity in a way that it is not yet fully developed.
Another important factor offered by the exchange is a section that includes the purchase and sale of mining equipment, a launch program for new projects and companies with benefits for users registered on the platform.
In terms of security and stability, it has had a good reputation, in addition to being online since 2017, which initially began as a cryptocurrency custody service and has offered a good development of the platform over time, designing new commercial mechanisms for customers operators.



Pros
  • It has an excellent track record in the market in cryptocurrency financial services.
  • Enables a variety of popular cryptocurrencies and tokens on the market.
  • It has its own automated coin market.
  • Contains its own chain for the development of applications and projects with high scalability and almost zero costs per transaction.
  • Contains online chat for technical support.
  • Enables various trading and reward mechanisms in crypto assets.
Cons
  • The mobile app in the app store is not available for some countries.