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Kwara, Ilorin
4 Level
410 Review
3227.25 Karma

Review on Ovis by Killer Bean

Revainrating 2 out of 5

No Margin Trading, Leverage Trading nor OTC trading, the services offered hy this exchanges are questionable

Ovis exchange is a centralized exchange which was founded in 2017. The exchange charges a flat fee of 0.2% for each and every transaction you make. I can't really judge the exchange's interface because the exchange actually isn't accessible any longer, it claimed to be undergoing maintenance since 2018. The question now is what kind of organization undergoes maintenance for two solid years. Ever since the launch of the exchange, i noticed a decrease in the exchange's trading volume which has also led to reduced Liquidity in the exchange. Contacting the support service isn't even an advisable as there is usually no response from the customer service team. The exchange doesn't even support Margin trading, leverage trading nor OTC trading. Users should be careful about this exchange.

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Pros
  • The Trading fee is just 0.2% for every transaction
Cons
  • The exchange has been on maintenance for a long time
  • Customer support isn't reliable