Review on SaBi Exchange by Joseph Bello
SaBI Exchange
SaBi exchange was launched by Lucky Uwakwe. The founder has a sound educational background in blockchain education which has given him an in depth knowledge on how to effectively run the SaBi exchange located in Nigeria. KYC is needed to trade on the exchange but the KYC registration was much easier than that of other foreign exchange because the Voters card was also include as one of the criteria for verifying your trade account,which is more easier than the national ID, International passport and drivers license because there's only few legal citizen above 18years that don't have the voters card . it supports the use of both fiat and cryptocurrency, but not all traders can access the fiat market,so you should make personal research about that depending on your country. It is supported by the Huobi cloud which sounds so nice because it can also boast the exchange performance if properly managed and harness by the developing team. It has recently been noted to be the first Exchange from Africa(Nigeria) to list 18 DeFi tokens,it also listed over 100+ altcoin and tokens and a 0.2% fee for all makers and takers. There's no doubt that the SaBi exchange might soon become one of the most prominent and leading exchanges in Africa and the in world soon.
Pros
- It supports fiat
- It has low and competitive fees
- Accepts voters card for KYC
- It listed over 100 altcoin,tokens and DeFi tokens
Cons
- KYC verification is compulsory
- The exchange graphic interface needs to be updated
