Review on ibitt by Samantha Beatrice
Ibitt needs to cut down its fees
Not sure about where this exchange was founded but this exchange was launched in 2017. Ibitt exchange is an exchange that offers fiat-crypto, crypto-crypto trading, spit trading but there is no clear information about the exchange offering margin trading. Trading here is a nice place to trade on, the exchange trades over 200 trading pairs and even supports fiat currencies. This exchange makes trading suitable for beginners and pros. The beginner interface has been simplified for users for them to be able to conveniently trade in the exchange. The expert interface however doesn't have beginners features but more proffessional trading charts. Honestly, trading here was complicated for me, most especially the expert interface. The factor that tends to scare traders away is the fee system on the exchange. The exchange doesn't have a nice trading fee, the exchange brings the exchange to 0.49% which is one of the highest i have experienced so far. If the Exchange can work on its fee system and soften its interface, users will surely find it nice and easy to trade in the exchange. The exchange has an excellent customer support, this was one part of the exchange i was so much impressed with
Pros
- The exchange has an excellent customer support
- The exchange has up to 200 trading pairs
Cons
- The trading volume seems to be at $0
- The user interface isn't really suitable for beginners
- The fee structure is bad and extravagant
