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328 Review
967.5 Karma

Review on LakeBTC by Naomi Ilani

Revainrating 2 out of 5

LakeBTC Exchange Platform Should Work On Simplifying Their User Interface

Trading on an exchange platform happens to require some level of expertise. This is really dissatisfying to people who don't really have the technical know-how. They feel they would have to go through some weeks or even months of intensive training to get that and that alone makes them loose interest.
The exchange platform I would be reviewing today happens to have a problem with their user interface. Even myself that is a bit experienced in the blockchain technology and the companies there, I found it a bit difficult to use their interface well.
This exchange platform is known as LakeBTC exchange. LakeBTC is a Chinese exchange platform that was established around the year 2015 to 2016. The exchange platform interests me with their fees of 0.20% for Takers and 0.15% for Makers only.

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Pros
  • The exchange platform still functions as it has some trading volume
  • The exchange platform has a fee that I find quite okay
Cons
  • The exchange platform has a user interface that I find quite difficult to understand which made it difficult for me to use the exchange platform
  • The exchange platform has a support team that I don't find active