Review on Ratecoin by Mehdi hazni
Avoid buying this currency!
The ratecoin project is a relatively old project that started in 2015, but for several months now, there has been no sign of the team's activity, and the evidence shows that the project has completely failed.
I checked this currency pair in yobit exchange and the distance between the lowest selling offer and the highest buying offer surprised me! The lowest bid price is 3 times the highest bid! This means that if you buy this currency from the lowest selling offer in this pair and sell it to the highest buying offer, then your currency will be divided by 3!
The last Twitter post of this project is related to February of this year (several months ago) and no activity has been done on the Facebook page of this project since 2015.
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Pros
- The network has been active for a relatively long time and is a relatively old cryptocurrency project
Cons
- Most days, no trade volume is recorded for this currency
- The lowest offer to sell this currency on yobit is 3 Satoshi, while the highest offer is to buy 1 Satoshi! The price difference is very large.
- The last Twitter post is from several months ago
