Review on Narkasa by Naomi Ilani
Another Turkish Exchange Platform
WWhen we talk about an exchange platform from Turkey, one wouldn't be too surprised as the country seems to house a whole lot of exchange platforms. In my review today, I would be talking about another Turkish exchange platform, a new one this time around.
This exchange platform is known as Narkasa exchange platform. Narkasa is an exchange platform that was established in the year 2020 (that's the exact the reason why I call it a new exchange platform).
Without wasting much time, I would be moving on to the features this exchange platform possess. First its trading fee. The Narkasa exchange platform seems to charge a fee I find quite cheap, this is because of the fact that the exchange platform is new. Narkasa exchange platform charge both Makers and Takers a fee of 0.2%
Their user interface was another thing I discovered. Although I don't find it too beautiful and well designed, it's a pass mark for an exchange platform that new. The cryptocurrencies they also have listed on their exchange platform isn't too encouraging as most of the coins they have are the most popular ones and are limited too.
The exchange platform also have a low trading volume. I guess this is because of how new the exchange platform is to the industry. Their liquidity is also low. All these happens to be because of how new the exchange platform is.
ο»Ώ
Pros
- The exchange platform has a fee that I find quite comfortable
- Their user interface can get a pass mark as I never expected that much from a new exchange platform
Cons
- The exchange platform suffers low liquidity
- The exchange platform has a low trading volume
