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Bitrota Review

9

·

Terrible

Revainrating 2 out of 5  
Rating 
2.0
Crypto Exchanges

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Reviews

Global ratings 9
  • 5
    0
  • 4
    0
  • 3
    3
  • 2
    2
  • 1
    4

Type of review

My initial feeling on finding out about Bitrota trade was for a trick however it just so happens, it's not. The trade is very well a lot of alive and working however has a ton of slacks that may label it questionable. The trade really presents a very decent UI which to me was how much the trade was able to go far in making their projectproject work. Joining and evaluating a portion of the trade highlights, I was simply restricted to store and withdrawals, close by exchanging however yet wit

Pros
  • Bitrota trade centers in Turkey and has made fiat sets of the neighborhood cash accessible for exchanging
  • Minimal expense exchanging charge of 0.2% for all sets on the trade
  • Trade is very well a lot of alive and working
  • Contact telephone number and postage information are given to arrive at the group and the two mediums functions admirably
Cons
  • There is extremely low liquidity on the trade close by low exchanging volumes
  • Bitrota trade is labeled unmanaged posting on CoinMarketCap, this will influence its unwavering quality
  • High spreads among purchasing and selling orders

Revainrating 1 out of 5

Bitrota Exchange Platform Has A Lot Of Work To Do

The number of exchange platform from Turkey happens to be one of the most on the blockchain network. Other countries with many exchange platforms are the United Kingdom and Seychelles. These are countries that have their rules quite easy to comply with, I guess this happens to be one of the many reasons why the exchange platforms are concentrated there. For the fact that these countries welcome as many exchange platforms as are interested, there happen to be some exchange platforms that are not

Pros
  • None for now
Cons
  • The exchange platform seems to be really outdated, I feel their user interface has not been updated at all
  • Their support team don't seem to exist
  • They are too concentrated on the Turkish market

Revainrating 2 out of 5

Not a worthy Turkish Exchange

Bitrota Exchange supposedly provides a convenient platform for trading different cryptocurrencies and digital Tokens alongside the internal token of the exchange, Rota token. This is a centralized digital assets trading platform which alot reviewers have considered as dead or scam. As a Turkish trading platform, only the turkish lira is accepted as the mode of fiat deposit and withdrawal. Bitrota being launched in 2018 was supposed to provide an advanced trading experience for traders but it…

Pros
  • There's no positive aspect to this exchange
Cons
  • This Exchange has no known trading volume
  • Only TRY fiat currencies are accepted on this exchange
  • The exchange has alot of setbacks

Revainrating 1 out of 5

What does this exchange offer?

You should be surprised that I am still writing on Turkish exchanges. Since I don't cherish Turkish exchanges as stated on my older reviews, because Of their unfavorable conditions to other traders who are not form turkey. Bitrota exchange has a very minimized amount of trading pairs and cryptocurrencies supported in it platform. Also it supports only local trades leaving international or foreign trades aside, coupled with only one fiat currency which is the Turkish lira. The above terms has…

Pros
  • None
Cons
  • Only Turkish lira is supported as the fiat currency
  • Did not support much cryptocurrencies
  • High withdrawal fee

Revainrating 2 out of 5

Focused mainly on Turkish Traders

I have become quite used to Turkish exchanges, not that I've used them before but the fact that most of the exchanges from there are usually abandoned and turn out to be scams. I have studied Bitrota Exchange and I have concluded that it is on the verge of being closed down. The price of various cryptocurrencies traded are not actually updated and as such this might really mislead traders. Like other Turkish exchanges, Bitrota exchange only supports the Turkish Lira as its only fiat trading…

Pros
  • I didn't see anything positive about this exchange
Cons
  • This exchange lacks proper updates
  • The website isn't very intuitive

Revainrating 3 out of 5

Bitrota

Bitrota is a Turkish Exchange that is very well functioning and has been a good way of completing transactions, the platform is a well known Exchange among the Turkish investors. Many reviews has been writing about this Exchange making negative impression about it. But there is a a big chance that Bitrota is not a scam. This Exchange has operated and function properly, given the Users a Fiat way of Exchanging cryptocurrency and also giving them safety This Exchange provided fast transactions

Pros
  • It is much very alive and functioning properly.
  • Gives it Users less transaction fees which is up to 0.2%
  • It is also a fast way of completing transactions.
Cons
  • This Exchange is poorly rated among user's.
  • Most platform has categories it to be an untracked listing which might make the platform dead soon.

Bitrota Exchange is another Turkish exchange or trading platform which I came across recently. Generally, I have said in my previous reviews, I wasn't really a fan of Turkish exchanges because of what I've seen in the past. Usually, this exchanges only focused on its local market rather than the international market thus allowing only Turkish Lira as the only fiat currency supported on the exchange. Today, I'll be looking at Bitrota Exchange. The exchange supports a few number of…

Pros
  • None at all
Cons
  • The exchange only supports Turkish Lira as its only fiat currency
  • The exchange has a bad user interface
  • The interface of the exchange is poor

My first impression on learning about Bitrota exchange was for a scam but it turns out that it's not. The exchange is very well much alive and functioning but has a lot of lags that might tag it unreliable. The exchange actually presents a pretty good UI which to me was how much the exchange was willing to go far in making their projectproject work. Signing up and trying out some of the exchange features, I was only limited to deposit and withdrawals, alongside trading though but with very…

Pros
  • Bitrota exchange focuses in Turkey and has made fiat pairs of the local currency available for trading
  • Low cost trading fee of 0.2% for all pairs on the exchange
  • Exchange is very well much alive and functioning
  • Contact phone number and mailing address are provided to reach the team and both mediums works very well
Cons
  • There is very low liquidity on the exchange alongside low trading volumes
  • Bitrota exchange is tagged untracked listing on CoinMarketCap, this will affect its reliability
  • High spreads between buying and selling orders

Bitrota is an exchange without much information to know about, and without public access to its platform. Currently, the web page looks like if the URL is damaged because it does not grant access. It just loads and loads, but never permitted to access the platform. This issues has been happening repeatedly and has not been resolved. The teams seem to be not involved in what is happening there. It is possible that it was released but later abandoned. Anyway, there is no way to confirm that and…

Pros
  • Anything positive to mention since there is not information from reliable sources.
Cons
  • The platform started to give problems by the fact it can be reached. The web page loads but then fails.
  • It is not supported by its partner. It possibly got abandoned.
  • The market does not recognize as an exchange. It is not included in any top.
  • Users might result affected by requiring access to the platform.