Review on PrimeBit by Joseph Bello
An intuitive digital exchange with very low fees
PrimeBit exchange offers a limited number of cryptocurrencies, four to be precise (BTC,LTC,ETH & USDT) . The list of coins traded on the exchange might be one reason traders will feel discouraged to trade on the exchange, but I think judging a book by its cover isn't a nice step towards rating an exchange such as this. The exchange might trade only four coins but getting to know that the exchange has a trade fee of 0.02% and 0.05% for both market markers and takers is definitely one reason you wouldn't want to miss out and be intrigued by the exchange's competitive fees which isn't that easy to come by. The exchange doesn't only have an affordable fee ,it also posses an efficient and high scalability trading system that carries out your transaction within minutes without an hitch or error during transaction execution. The exchange interface works perfectly well and this is one reason why I will recommend the exchange, especially to the beginners interested in holding any of these four major coin because I'm 95% sure they won't be facing any serious issue on the exchange. The exchange has some advanced trading tools like the p2p market which brings both buyers and sellers in close contact to one another and enhance more transparency in transactions since there are no intermediaries. The exchange has 200x leverage trading, the leverage trade has its own merit and downside but I advise the new traders never to try out this feature of the exchange.
Pros
- It has an intuitive interface
- A very low trade fee
- Good liquidity
- Top notch security
- It supports leverage trading and p2p trading
Cons
- It doesn't accept flat
- Only four currency are on the exchange
