Review on Buda by Thalhat Tee
What was my experience with Buda exchange all about?
Buda exchange is an exchange of goodluck for traders from South America, this exchange from Chile is an online trading platform where traders can easily buy and sell their cryptocurrencies and their digital assets. Initially, I couldn't perform any basic activity on this exchange like registration because the webpage actually came in a foreign language and not English, Chinese or Korean so I had to employ the use of any translator app but I found the translator offered by Google to be the best for the job. Registration just like most exchanges was just easy and fast, so fast that within 1 minute I had completed my registration. Credit and Debit cards have actually turned out to be the easiest and the most convenient method of making payments, unfortunately this method is not supported here. They only accepted wired transfer and deposits by cryptocurrencies. I had to just go for deposit by cryptocurrencies because I had some holdings in a crypto-wallet which I just transferred to my Buda exchange. This exchange has an all year round uptime which makes it to be trusted. This exchange also charges a very high fee which was 0.8% takers and 0.4% makers which isn't in line with average fees. Well, these high fees are accompanied by extremely fast transactions. Hence this exchange might be expensive but is very reliable and fast!
Generally, I had a very nice time trading on this exchange coupled with the quick responses from the support team.
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Pros
- The exchange is very easy to trade on
- This exchange is a great breakthrough in cryptocurrency exchange in South America
- Most users have their funds stored offline to protect them from theft
- There is no clear indication as to whether this exchange has been hacked before hence this exchange can be trusted
Cons
- The fees charged are very exorbitant
- The webpage doesn't work well in every browser
- Credit cards aren't supported as a method of payment on Buda
