Review on Vebitcoin by Joseph Bello
Vebitcoin Exchange
Turkey is a country that is shrewd about crypto currency exchanges and it has a very good number of virtual asset exchange that are up to standard. Vebitcoin is a Turkish virtual currency market platform for trading digital assets/money . it is a regulated exchange, this makes users rest assured that the exchange cannot easily run away with their funds just the way some unregulated exchange do to their users. The exchange has a very attractive and intuitive interface which I found very appealing and easy to understand. Their flats fee of 0.2% was not too low but very okay when compared to what other Turkish exchange charge.
For me I don't really like the exchange due to its little number of coins and trading pairs, but as a new entry traders you might find the exchange very interesting because you can instantly buy and sell your cryptos within minutes due to the exchange's immense liquidity,but for aveteran traders like me an exchange with a much coins on its trade list is more appealing.
Like other virtual exchanges they have an active telegram group which was in Turkish language and because of this non- Turkish investors might find it very difficult interacting with other traders on the group and asking questions on the group ,to make matters worst their Twitter account has been suspended.
Pros
- The fees were fairly okay
- Their liquidity was very good
- Their transaction speed was good
- It is regulated
Cons
- Few ranges of coins are traded
- Inactive Twitter account
- They focus mainly on Turkish investors
