Review on Buda by Killer Bean
Buda exchange is still supposed to trade at local levels for only traders from Chile, Peru, and most South American countries
Buda exchange provided an exchange point for some cryptocurrencies including Bitcoin, litecoin, Ethereum and Bitcoin cash etc. The exchange comes in spanish hence communication with webpage was hindered. Thanks to the advent of Google Translator,I was able to start my registration and finish it on time. First things first, I was inquired of my email, then a strong password. Due to the language, going to the trading page was very hard because the page kept taking me to the login page. According to the information I sourced out from this exchange, it was said that Buda Exchange "is the largest in south america". But it is quite surprising that an exchange like this charges its users exorbitantly. The 0.8% taker and 0.4% maker fees charged here is well over the average fees charged, this was the sole reason that made me stop using the exchange(I didn't even mind that the page came in spanish). I made sure I traded here but depositing was actually not easy, as successful and big as Buda exchange claimed to be, they didnt accept Credit cards as a means of payment. Actually this is the most flexible and the most convenient method of payment. While I was using this exchange i only traded in Ethereum because of the spikein price of Ethereum.
Good news for users and traders on Buda Exchange! Buda exchange stores most of the users fund offline hence it was less susceptible to theft.
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Pros
- Most of the users funds are stored offline
- This exchange is supposedly the largest in South America
- Major cryptocurrencies are traded here
Cons
- Without Google Translator, this exchange is useless for foreign trades from Asia or Europe and even Africa
- High fees are charged on Buda
