Review on Trade Satoshi by Danh Huỳnh Ngọc Công
It is not recommended
TradeSatoshi is an exchange that have many problems. Any beginners who want to trade on this exchange must learn about the problems with it to choose the exchanges that is best for them. If it is a legit one, it needs to be updated with many important features to fit with the best leading exchanges on the market
Updated 5 years ago
Rating has not been changed
Positive point: It has a faucet which gives away a small amount of different cryptocurrencies to the community
Pros
- - Anyone can create an account and trade freely on this exchange within a minute. The registration process is as simple as breathing
- - Trade Satoshi does not required users to submit their identity documents to trade on this exchange
- - They have a chat box so traders can discuss anything with each others. The chat box make the exchange more fun and fresh
- - They provide seven languages in the settings and users can switch between them
- - There FAQ page is very useful as it provides many answers for the problems that user usually encounter
- - Their support can be reached via email
Cons
- - If you want to trade on this exchange, you should be very cautious because Safex and ColossusXT teams reported that their funds this exchange cannot be withdrawn. You can find the warning on CoinMarketCap.
- - Users must complete the verification of their identities to raise the limit of their withdrawal. However, the lowest level of verification only allows a 2000-dollar-worth funds a day
- - Its volume is extremely low and the liquidity is not high so trading here maybe not satisfying
- - If you created an account on this exchange but haven't set up 2FA, it will bombard you will the continuous notifications on the top of the page even though you have cancel it many times. I do know that asking the users to secure their own account is good; however, they may want to put the notifications somewhere more suitable because the current place cover the tool bar where many important buttons is put on
- - The design of the whole website really need to be updated as it has many glitches and not well-looking
- - I find it extremely annoying when I try to move to the other sections of he website as it will ask me to solve the reCaptcha. There are many ways to check whether I'm a bot or not and they choose the most time-consuming one
