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Kwara, Ilorin
4 Level
410 Review
3227.25 Karma

Review on ibitt by Killer Bean

Revainrating 3 out of 5

If not fees, i would have traded here longer

Ibitt exchange was launched in 2017 as a crypto-crypto and a fiat-crypto trading platform. This exchange used to trade a wide range of cryptocurrncies like Bitcoin, DigiByte, Cardano, DogeCoin and alot other cryptocurrencies and digital assets numbering up to 200. Ibitt exchange jas a nice trading interface, in this sense, the interface is didvided into two traderooms, the Beginner Ibterdace and the expert interface, i began exploring the Beginner Interface, as i am yet to get a hold of it before i move on to the pro interface. This is a very nice exchange to use but i didnt really trade on this exchange for some reasons majorly the trading fee. Usually most exchanges charges 0.05%, 0.1%, 0.15%, 0.2%,0.25% but it is quite surprising that an exchange like Ibitt claiming to be a global leading Exchange charges a 0.49% fee no matter your trading volume. This was the main factor that made me desist from trading here. According ti the news from the exchange, Ibitt boasts of more than 50,000 traders. Well, i am currently looking for how to deactivate my account because i wasn't attracted by the fee so i couldn't trade here not explore Ibitt further.

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Pros
  • It supports multiple cryptocurrencies
  • The user interface is enticing and friendly and fit for beginners and pro
  • The interface is customizable to light and dark
Cons
  • The exchange has an exorbitant trading fee, it discouraged me from using the exchange

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