Review on BCoin.sg by Robiul Islam
BCoin is more than just another Exchange, they will enable widespread…
BCoin is more than just another Exchange, they will enable widespread adoption through empowerment of the everyday individual in a new era of cryptocurrencies and shared economies. Safe & secure and user focused platform, security procedures are highly robust, on both an operational level and systems level. The exchange platform has already launched more than 10 Major Cryptocurrencies and they are actively developing the platform to integrate more high-quality pairings. The advantage of exchange issued native tokens is that it finds immediate utility and subscribership on its platform where services are rendered. Some of the unique features of the platform includes fiat-crypto trading, crypto-crypto trading, mobile functionality, and robust security standards. Already trading your favorite cryptocurrencies, they are continually improving and upgrading their systems for both business and operational scalability.
Updated 6 years ago
Rating changed from 3 to 1
BCoin sg server is still down due to unforeseen circumstances, They're trying to get it up and running again! But i don't think they can make it possibility ZERO! Still no update from team!
Pros
- The vision of BCoin sg is to provide an all-encompassing cryptocurrency service platform for the new tokenized economy. Having already built a cryptocurrency exchange platform and established mining facilities (in Georgia, Houston, & Ontario), The current BCoin sg Exchange Platform comprise three main services, Cryptocurrency Trading, Fiat-Crypto Trading, OTC Services. But you can't trade now the platform under upgrade and maintenance from 6th March.
Cons
- On average cryptocurrency exchanges today charge between 0.1 - 0.3% trading fees for both makers and takers, this impact trader profit margins. In order for exchanges to remain competitive and charge a lower trading fee, trading volume has to be significant, this is extremely difficult for smaller exchanges to remain competitive given most trading activity remain among the top 5 - 10 exchanges.
