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Lokoja
4 Level
215 Review
1593.5 Karma

Review on Zebitex by larei bello

Revainrating 2 out of 5

Zebitex Exchange, might close down very soon as it is experiencing a low trend in its daily trading volume, trade with caution!!!

Zebitex Exchange is one of the first exchanges that i have seen from France. Usually, most exchanges come from either Singapore, HongKong or United Kingdom but Zebitex Exchange is on an entirely different story. The exchange was launched in France as early as 2014, the exchange partnered with Ledger Vault as its security partner inorder to ensure safekeeping of users funds. Well, there is actually very little to keep, as the exchange has experienced a sharp decline in its daily trading volume. For over 30 days the exchange has been struggling to have a trading volume of up to $10,000 but the trend of daily trading volume keeps reducing. This low trading volume has led to a reduced liquidity in the exchange as well. I don't think the exchange is very active as most of its coins are recording a 0.00% price change and a $0 trading volume over 24 hours.

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Pros
  • The exchange has gathered enough experience since 2014
  • The exchange uses Cold wallet to store funds
Cons
  • The exchange has had a down trend in its trading volume