Review on Xuebi by Pedro O. Alvino M.
Singapore-based crypto exchange platform
Launched in 2019, XueBi is based on a centralized exchange that allows users to trade in both fiat currency and crypto assets listed on the platform, already through the basic exchange and P2P market.
With a good development and design of the platform, it has several characteristics and security layer systems that protect the data and assets of each user in the exchange, in terms of security, the platform is well reinforced for attacks on servers.
With an online chat for technical support, it extends a flexible commercial API that supports various third-party systems for operations between crypto assets, where the commissions for trading within the exchange is common according to other exchanges.
The fundamental problem that the exchange has is the lack of support for the volume it generates, in addition there has not been any update and news about the exchange, making clear a certain abandonment towards the platform in a matter of development, in which there are also small deficit in the buy and sell section with fiat currency, given that there are only buy and sell orders in CNY currency, so certain currencies must be eliminated or reward programs based on these currencies must be carried out to increase the volume of operations in said currency. section.
Pros
- Offers a P2P market with various fiat currencies.
- Very well designed interface for less experienced and expert operators.
- It is compatible with various platforms and operating systems for both mobile phones and computers.
- It has online chat for technical support.
Cons
- In the buying and selling section in P2P it has very few orders.
- Volume not verified.
