Header banner
Revain logoHome Page
Rupanshu Kumar photo
India
1 Level
28 Review
64 Karma

Review on ABCC by Rupanshu Kumar

Revainrating 4 out of 5

ABCC exchange is one of the most secured and transparent trading platform…

ABCC exchange is one of the most secured and transparent trading platform present in the arena of virtual currency trading. It is based on "multi-dimensional evaluation framework" model which gives an advantage to this exchange with respect to its competitors. It has a native token known as AT token which is available for trade on the platform.

At the time of writing this review, AT token is priced at 0.0772 dollars at the exchange. It has a moderate supply of 210 million which is not that huge. The opening price of this token went up to 0.5 dollar according to the data available. So, i guess it is a good deal to have few of these exchange tokens because the price is quite cheaper now.

Talking about the platform, apart from website, this exchange is available on both android and iOS. You can download the app from the google store and the app has received good ratings and reviews on play store. So this is an another milestone for the exchange as most of the users and traders love to use mobile application for trading.

One good thing that i really like about this exchange is that it distributes 80% trading fees of the platform to AT holders as a rebate. So if you are planning to hold AT tokens on the exchange its a good information for you. It also has a "Mining Referral Program" through which you can double your rewards. So if you are looking for an exchange which rewards its users then this is the exchange for you.

Though it is one of the most reliable , rewarding and secure exchange there are a few areas of concern. One of them is trading fees. Like any other centralized trading exchange, it charges 0.1% of trading fees for each transaction, which is not too low in my opinion.

secondly, the withdrawal fees is also a bit more compared to other competitive trading exchanges. But looking at the facilities provided, its not that high but definitely and area of concern if you are looking for arbitrage trading.

Finally lets talk about volume. Volume for major coins is quite good in this exchange but when it comes to smaller coins and tokens, you can find a huge difference in buying and selling price with low volumes. This might be due to the current bear market and i hope this exchange will perform better in the coming times.

Overall if you ask me to summarize my experience, ABCC exchange is reliable, secure and user friendly exchange just it needs to focus on the trading fees and withdrawal fees and limits which will help the exchange to appear more lucrative to the customers.

Hope you find this review useful. Don't forget to trade Revain on this exchange as it's newly listed there and there is a good chance of price hike.

Have a good day :)



Pros
  • Great user interface, rewarding mechanism and secure trading environment
Cons
  • Volume is lacking for few trading pairs

Similar reviews