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Valencia, Venezuela
4 Level
1087 Review
776 Karma

Review on MyCryptoexBank by José A Rodríguez

Revainrating 2 out of 5

An Exchange Trying not to look like a Real Bank

Does an exchange that has a big limit of tokens listed real value in the marketplace? Not specifically, because sometimes many networks support tokens and cryptocurrency projects because they are open-source, and are easy to integrate bit kit because they provide it value or good volume. This is something that is clearly viewed in "My Crypto Exbank", an exchange that wants to offer trading activities for crypto, and move away from what means being a real bank. The site has a good purpose, but a difficult way of reaching its goal.

The company releases content about the future of trading activities, but they don't seem to be deeply committed to a real tomorrow for traders. I mean, they just want something to grow values, but it is not involved in the security that means trading, and neither in the meaning of financial freedom. The protocol that this company is following is something that I can discuss in short because they have a design of their plan that is not attractive. They posted a model of what they do as if it were a cycle, but since the service has not received powerful transactions it has been difficult to check and confirm that plan works to obtain what it says.

Buying crypto n this exchange is very easy. The process occurs rapidly, and there are short steps for doing it. But is this simplicity on the network what makes some users doubt its scope. Surely, the web platform won't be rewarded and integrated on the top while they keep acting this way.

In conclusion, this Exbank is not ready for the future of investments and trading, and for that reason, it deserves the rating it already has.




Pros
  • Digital content that is easy to get and follow. The project provides certain good information about public trading markets.
  • It has support for some great tokens in the market, and there are many cryptocurrencies listed.
Cons
  • It is not highly recognized in the top markets because it is a small trading platform.
  • The support it has to most of the tokens there is superficial. Cryptocurrencies are not receiving a good volume of sales.
  • The project has a standard protocol with a plan to develop their activities that is too simple and with little outcomes.

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