Review on BITEXLIVE by Pedro O. Alvino M.

Centralized exchange from Germany, presents a basic scheme for trading cryptocurrencies for operators in that region and globally, so it constitutes a variety of languages ​​included in the platform for a better understanding of its operation, in addition to the section on the design of the The user interface and the platform is modern with a basic appearance that makes it even easier for its users to understand and manage its functions.



Trading system

The exchange comes from a decent amount of cryptocurrencies listed for trading, in which it adds the most popular on the market and certain assorted tokens. The trade that is understood BITEXLIVE is based on a spot exchange, so there are no other trading mechanisms in the exchange, where the design of the commercial interface is too widespread, this can be very annoying for traders so that Having a minimalist interface with basic functions and tools is usually better and more practical for professional traders, although the tools and information offered through the exchange's commercial interface are of great help to prevent risks in the market.

The trading volume processed by the exchange is decent in a way, given that much of its liquidity is directed to its major trading peers, leaving the secondary ones with low trading volume aside.



Safety and performance.

The performance of the platform for trading cryptocurrencies is remarkable, the response speed from the servers is fast, a detail that can be useful for trading cryptocurrencies in a volatile market.

The security aspects that the exchange implements are basic, so that a large part of the centralized exchanges is comprised of these security schemes for both the operators and the platform, where the cold storage system in the wallet and various mechanisms stand out. authentication for the start or withdrawal of assets by the user.



Commissions and fees.

The exchange commissions are usually above the acceptable range given the difference in other centralized exchanges, since its 0.2% commission is equally for both the taker and the creator of the order in the different exchange pairs that it has.

Withdrawal fees is an issue that the exchange must update, since a large part of the withdrawal fees are very high, compared to the network fee of the currency, this can be a fundamental point since it can limit the entry of new users given the high withdrawal fees that this proceeds unlike other platforms.



Customer service and support.

The exchange has a 24/7 customer service system that serves as a measure to solve the various unusual problems that users may have, although in terms of contact system, it is based on email, a somewhat outdated system given the current online chat systems included in the exchange or through social networks.

Regarding basic support documentation for users, the exchange does not have this type of documentation, so the information can only be obtained from customer service.



Conclution

The BITEXLIVE exchange requires development, to adhere more cryptocurrency trading systems to attract more users in conjunction with programs or events that promote marketing sponsored by operators, so that they also have a mobile version to have greater convenience of trade on various platforms.