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Review on BitZ by Inioluwa Okedeji

Revainrating 4 out of 5

BitZ: A Cryptocurrency Exchange Equipped With Over 300 Security Measures But No Fiat Trading Options.

BitZ is a cryptocurrency exchange platform where the exchange of cryptocurrencies take place, this is what all exchanges have in common but the only thing that puts a difference between each one of them are the services they offer.
The first thing I noticed about the BitZ exchange is the interface which is one I find cool and attractive. Signing up to be a registered user is also easy, you can do this on the website platform of the exchange or on the official app. Though I discovered that the features available on the web version of the exchange are quite limited which means the services of BitZ exchange can best be enjoyed on the app.
Another feature that makes the BitZ exchange quite different from other known exchanges is the fact that it only trades and supports cryptocurrencies. Which means all its trading pairs are cryptocurrency to cryptocurrency and it doesn't support fiat currencies. This feature is actually a disadvantage because most traders like to trade fiat-crypto pairs and also convert their digital assets to fiats currencies. So if you want to trade in fiat currencies or engage in any fiat transactions the BitZ exchange is not for you.
All the cryptocurrency-cryptocurrency trading pairs available on the BitZ exchange are 189 in total, which means that although it doesn't support fiat currency pairs, traders have a wide array of cryptocurrency pairs to choose from. Not only that, the withdrawal fee is dependent on which cryptocurrency you are using for withdrawal, this means that each of the cryptocurrency have different withdrawal fee attached to them.
As for the security of the BitZ exchange, there are said to be more than 300 security measures available on the exchange which makes the security very strong and practically impregnable.



Pros
  • BitZ exchange is available in PC version, android version and iOS version.
  • The exchange has 189 trading pairs.
  • The BitZ exchange is fortified with more than 300 security measures.
  • It has a cool and attractive interface.
  • Each cryptocurrency is attached with different withdrawal fee, and these withdrawal fees are affordable.
  • Any deposits made on the BitZ exchange are free and has no fee attached.
Cons
  • The BitZ exchange does not support fiat trading options as it only offers crypto-crypto trading pairs.