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967.5 Karma

Review on itBit by Naomi Ilani

Revainrating 3 out of 5

The Fees They Charge Compensates Each Other

TThere seems to be some exchange platforms that were founded in the early days of cryptocurrencies and the blockchain network. For that exchange platform to still be in existence now, it means their services are of good quality.
The exchange platform I would be reviewing today is known as the ItBit exchange platform. ItBit is an American exchange platform, that has a branch in Singapore too, that was established in the year 2013. It was founded by Chad Cascarilla and has ever since expanded to serving traders across more than a hundred countries presently.
Checking their user interface, as expected, it was well designed with some easy to access features that makes the exchange platform stand out in the area of user interface.
The exchange platform also charges trading fees, but this time around, their fees aren't flat, that is, having both Makers and Takers pay the same fee. Takers pay a fee of 0.35% while Makers pay a fee of 0.03% which I see as a means of compensating the Takers.

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Pros
  • Their fees Compensates for each other
  • They have a good user interface
Cons
  • The exchange platform seems to have some issues with their security

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