Review on RightBTC by Ibrahim Sunday
RightBTC credibility
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Finding best exchange for you is a hard task as their is a long list for you to choose from and each with its flairs and flavors. Exchange are essential tools for a crypto investors especially if you want to venture into trading. They could also carry out airdrops, stakings and give updates about the crypto
Choosing the best one is a matter of choice, which one meets your needs. Always look out for ones with low trading and withdrawal fees, one with good reports, one with good trading tools and most especially, one which suits
RightBTC was lauched in Dubai in 2017. It hamdles all functions expected from a normal exchange ranging form acceptances of deposits and withdrawal though only with crypto, as well as trading crypto-crypto pairs as there is no fiat currency. The trading which is majorly with crypto pairs is being charged at a fee of 0.2%-0.25% which below industrial average. Talking of withdrawal fees, it is a bit high to me of 0.0015BTC. The user interface is smooth and commendable but with a questionable security. They store funds in cold wallets and they are not backed up by regulatory bodies. I enjoy using them but could not invest much in
Pros
- The exchange has a good number of coin listing more than 30
- They have a very good web layout
- Their chargesfor trading is good, very much below industrial average.
- Performs the normal exchange functions of send, receive and trading various pairs.
Cons
- The founders are still anonymous and the exchange is not backed up by any regulatory authority.
- It didn't list any fiat currency for trading.
