Review on Mubadil by Robiul Islam
Another newcomer in the P2P exchange market.
Pakcoin presenting a one of a kind P2P exchange in Pakistan in which no expenses or charges will be required and no bitcoin or other coin should keep on the exchange. The seller will send the coin straightforwardly to the purchaser. This will spare you the expenses you pay on other p2p exchanges.
Mubadil provides services based on dual currency models like Revain. For example, no matter which currency you trade, you can only withdraw in Mubadil's PRT coins which have a value of 1 Pakistani rupees and it is stable. And PRT is only used on Mubadil exchange, it cannot be traded or sold anywhere else, it will be deleted from your account when you withdraw PRT.
Mubadil supports several payment methods including Easy Paisa, Jazz Cash and major cryptocurrency. Overall, It's a new exchange and I agree it's not perfect but it has a very simple interface and is very easy to use.
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Pros
- Very easy registration process.
- The tutorial video is very useful for those who want to trade in Mubadil.
- They have a whitepaper to understand the whole concept (It is written in Urdu).
Cons
- Very limited buy/sell order.
- Security is very weak it needed to be strong.
- It will be very difficult for Mubadil to gain trust in the crypto market.
- I have been noticing a sell order from yesterday that has not been fulfilled today, my concern is that there are very few users.
