Review on LakeBTC by Abraham Jeremiah
LAKEBTC
This is a Shanghai based crypto currency exchange that exchanges Bitcoin and ether for so Many Fiat currencies, it was first a Bitcoin exchange platform for traders and financial mogul who invested their time and resources in the blockchain technology.
It has a very tight and diplomatic security system that protect and secure the funds of every users on this platform,the platform implemented systems like two factor authentication, SMS withdrawal confirmation,trade notification and SSL encryption.
Bitcoin mining on this platform is free,it also offers Bitcoin wallets for all users where they can keep Bitcoin in their wallets or in the lakeBTC wallet. It gives 0.2% exchange rate for buyers and 0.5-0% for developers.
Pros
- Low transaction charges
Cons
- Not allowed in USA
- Require update
