Review on VELIC by Tosin Temitope
VELIC CRYPTO EXCHANGE PLATFORM FROM SINGAPORE
In 2018,this digital assets trading platform was established in Singapore. The exchange platform is open to all people all over the world. Some of the features to be look onto includes, Registration, deposit and withdraw, fee, speed customer service desk and opinions about the exchange.
This easy to use crypto exchange platform supports mobile device with easy registration. I love how it was designed, I had no issues with the application. Registration can be done with or without verification of documents. This makes the platform look more attractive.
It is multi digital assets platform. Both well known and new asset. Though there is room from improvement, I will like the team to look at listening more asset. I love how the exchange make deposit through card possible, while I will like them to look at allowing wire transfer as well. Withdraw is also very easy, I had no issues with withdrawal on the platform.
Fee is another factor to be considered when choosing an exchange. Transaction fee is competitive though some platform has lower fee. In opinion, the withdrawal fee is on the higher side, the team can review this fee for the exchange to be more competitive.
I love how the platform was designed, it was simple and easy to navigate. It worth mentioning that the transaction speed is very fast.
Considering customer service desk of any platform before using it is also important, because if any issue occur and support refused to respond it may lead to lost of asset. I had no issue with customers service desk on the platform. support can be contacted through various means provided on the platform including social media platforms.
If other factors was put in place without security measures, the platform will not worth it. It put many security measures in place that makes the platform has clean record regarding security . I had no issues with the security.
In my opinion, the platform can be used for trading. Traders should ensure to do their research before the platform will be considered. All stated above was based on my personal opinion.
Pros
- Supports making deposit through card
- Multiple digital assets
- Transaction fee is competitive
- Users can access loan and equally lend assets
- Transaction is very fast
- Good customer service desk
- Free deposit, it does not charge for making deposit
Cons
- No native token
- Withdraw fee is high
- More languages need to be added
