Review on SecondBTC by Thalhat Tee

Name: SecondBTC
Item: SecondBTC
Rating: 3

February 16, 2021

Juicy features but no accessible information, SecondBTC might not be the best option for you

SecondBTC exchange is a centralized exchange launched in 2018 all the way from India. Well, the exchange comes with a lot of amazing features which might seem enticing to various traders but how legit are all these features it's offering. Usually, before i register on any exchange i make it a point of importance to check the trading fee of the exchange, number of cryptocurrencies supported, interface and multilinguality features in order to confirm its legitimacy. Well, this exchange does well in various aspects:
1. The exchange only charges a 0.2% fee for trading, the flat fee model of payment was adopted by this exchange ever since it was launched, not only the trading fees are affordable, a 0.0001 BTC fee is charged, this is almost the lowest fee i have seen in my entire research on exchanges in the cryptomarket
2. Supports multiple cryptocurrencies, well the number of cryptocurrencies supported here might be limited but at least it is quite better than some exchange that trade on type of cryptocurrencies. Example of the currencies traded here include Bitcoin, Litecoin, ChainLink, Tether, Ethereum and others which number up to 12.
3. Ease of Registration on this exchange cannot be overlooked, this exchange only requires little information for you to get started, even the verification link doesn't take time to be delivered to users mail.
On the other hand, the above mentioned features alongside some other features in the exchange have been limited due to the interface of the exchange and the nature of the webpage. Most of the information on the website is blank not even prices of various coins traded nor the 24h daily change. The exchange has no publicly accessible information so I cannot trust this exchange at all. Hence, I didn't make any deposit here and i will also advise you not to! I guess the recent ban of cryptocurrencies in India too has a role in this occurence.
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