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34 Review
35.75 Karma

Review on Tidebit by Samuel Egbeido

Revainrating 2 out of 5

It might be a good exchange but it is well suitable for Asian traders

TideBit is an exchange for Hong Kong and English merchants alone. The trade was made in Hong Kong and was not considered by US investors. Well, the services provided by this exchange are clearly confined to Asians alone since only English, Chinese, and Taiwan can be taken into account. It was 0.3% for buyers and seller to 0.1% for buyers and sellers although the fee is not consistent for every business pair that I came across the fee schedule at the exchanges. Even the transaction cost is still very expensive for traders, suppose a fee of BTC 0 003 per withdrawal would be levied. For more than 72 hours B, I have published my ID papers but no response yet, I'm still wondering: should I trade here?

Pros
  • The exchange supports multiple languages
Cons
  • The transaction fees are too high
  • The withdrawal fee is also expensive
  • The exchange isn't open to US investors