Review on Buda by larei bello
Buda exchange, I didnt use it for long before quitting!
This is another uncommon exchange present in the crypto markets today, this exchange is a south american exchange that comes entirely in Spanish. I employed the Google Translator feature before i could fully understand this exchange. Without the google Translator I basically couldn't do anything, this exchange is known as the largest exchange platform in South America. But I didnt really trade in this exchange after i learnt about the trading fees. It is quite bad for an exchange to charge users high either as makers or takers, low trading fees tends to bring liquidity to an exchange but high fees removes it. I didn't even bother to deposit my funds in this exchange because I knew that the fees was going to affect my investments and profits greatly. This exchange didn't even accept Credit Cards as a form of payment. Well the only seemingly good thing about this exchange is that it claims to store users funds offline to prevent theft!
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Pros
- The exchange claim to store users funds offline
Cons
- The exchange charges expensive fees for trading
- The exchange doesn't support credit cards
- The user interface is affected by the langauge provided by this exchange which is spanish
