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Abuja
4 Level
210 Review
60 Karma

Review on LakeBTC by Vincent Michael

Revainrating 1 out of 5

Has not been active for a long time now.

Lake btc was created in 2013. It has been designed with a very good reading ability to trade cryptocurrency with the best transaction fees ever. This platform supports up to 40 cryptocurrencies and also provide a very secured medium and process of confirming your account. You need to make so many verifications like getting your 2fa verification code and also a code from your email. the previous rating of this exchange was excellent and it has been one of the successful trading platform especially to trade BTC. so many investors has dropped their effect in this exchange for couple of years and they have made reviews about this exchange that it is a supportive and trusted exchange.

according to the recent development of this exchange there has been a detection that this exchange has been found improper for the trading of cryptocurrencies. And information was not detailed for its users to understand these reasons it is very difficult for an investor to Sutherland see that the only platform that gives him access to good transactions is currently falling and going into hell. It was very difficult to breach the security system of this exchange. It was very surprising that this action had to be shut down just like that

the social Media platform has been working very effectively providing good information for their users. these objectives as seriously drawn many investors closer to it given them more opportunities to make more money through their activities. I cannot advertise this platform to you as a secured way of completing transactions. It no longer a trusted platform

There are many good exchanges in the blockchain community today that will help you and progress your financial investment. I will advise you to download this apps that are good for trading and make sure you make more research before using the exchange because they are mostly more scam exchanges than the good ones



Pros
  • Provide a secure way of assessing dear account.
  • Supported over 40 cryptocurrencies and other good investment achievement.
  • Was held by a good thing which had a good motive about this exchange.
Cons
  • This project is currently out of track.
  • There has not been any update about the sudden closure of this platform.
  • Many investors have withdrawn their funds from this project leaving it very useless.
  • Currently inactive.