Review on TOPBTC by Alex Martakov
Most young and little-known marketplaces have the same problem: sudden…
Most young and little-known marketplaces have the same problem: sudden disappearance. They are closed, and users who kept money on the exchange, remain, as in a fairy tale, at the broken trough. But only in this case the situation does not end well: it is impossible to return the money. Perhaps that is why traders choose popular exchanges for fear of losing their virtual savings.
TOPBTC is at risk for all safety and reliability indicators. And if the administration of the site does not even think to disappear with the money of its traders, the hackers are not asleep. They closely monitor such exchanges and are ready to steal users ' money at any time. Because the resource TOPBTC has no special protection.
There is no protection against DDOs attacks. There are no restrictions on entering by ip-address. About other modern methods of protection generally silent. One two-factor authentication and the installation of a pincode for a financial transaction is too small to ensure the full reliability and safety of money in users ' accounts.
Pros
- Actually, to call the exchange TOPBTC young online is very difficult. After all, the site was registered in 2015. Home exchange is Australia. However, there are several nuances. Several sources indicate that the site is still Chinese, since it was founded by Chinese investor Jean Juer for the domestic market of China. On the official website of the exchange in the source data appears the Republic of Malta. Where is based and where the exchange is anyone's guess. There are no official data on the site or in other sources about the history of the exchange. - 27 cryptocurrencies in the listing; - No mandatory profile verification; - Simple Deposit and withdrawal cryptocurrency; - Affiliate program; - Large selection of ways to communicate with support.
Cons
- - Absence of Fiat currencies in the list of supported coins; - Bad translations in stated languages; - Complicated and a bit confusing registration process; - High fees; - Questionable security (no AML and DDOS protection); - The lack of a mobile app.
