Review on Virtuse Exchange by Sudais Quadri
Virtuse exchange doesnt really offer the best trading features
Virtuse exchange is another exchange that user will surely be happy to use. It was launched in 2019 in Singapore. The exchange currently has more than $5,000,000 trading volume alongside the 28-30 trading pairs to make it a very liquid exchange. Though the exchange trades only a limited number of coins, it complements this by charging just a low fee of 0.15% to greatly improve the liquidity on Virtuse. The exchange makes it a point if importance to remind users that their funds are safely stored in remote servers to reduce risk of lows and hacking coupled with the use of cold wallet. I registered on this exchange with great ease, only few details were needed to successfully open an account for me. Depositing here was the next thing which was possible via credit card, wire transfer and cryptocurrencies making it an entry-level exchange. The exchange claims to regulated but there is no sure news about the regulatory bodies thay may have licenced or regulated this exchange. I checked out this exchange on Telegram but i wasnt quite impressed with what i saw. The KYC/AML verification process is long even after providing my document, i didnt receive any feedback from them for a while, so i just forfeited the idea of KYC on Virtuse exchange.
Pros
- The user interface is just average
- There are various means of deposit
- Thr exchange trades with fees as low as 0.15%
- The exchange makes use of Cold storage and remote servers to prevent online theft of users funds
Cons
- The KYC verification usually takes time and alot of patience
- The support group isn't all that reliable
