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Lokoja
3 Level
97 Review
454 Karma

Review on Virtuse Exchange by Isiaka Juwarat

Revainrating 4 out of 5

The exchange is very good and I will continue using it

This is another Singaporean exchange, which was established in the year, 2019 called virtuse exchange.I use to love exchanges that are from Singapore and Estonia, because their platform are very beneficial. This exchange is not too known to people. The exchange trades btc, LTC,XRP and some other Cryptos which are not up to 20. I am not satisfied with the number of crypto currencies this exchange trades. It seems too small and will not add very well to the liquid and trading volume. Though the trading pairs is impressive a bit. This exchange has to go on maintenance to know the difficulties they are passing through, I am not okay with how the trading interface respond sometimes. It seems too slow and affect me seriously during trading. Please if getting an app is possible, I will seriously advice the exchange to do, to avoid this slow response. Though the trading environment is friendly and easy to navigate. The exchange uses a cold wallet system to safeguard it users funds, this seems very very good and okay, hardly you will here any case of breach of security. Since the funds are not connected online, there is no means of hacking anybody's account by moving their funds without their Knowledge. The fee it charged for trading is 0.15%, I don't know for other traders, but as for me they should please reduce this price. Some people must have the interest on the exchange, but due to the high fee rate, they will leave the exchange. Registration on this platform is carried out easily, and also the liquid is also a bit above the normal. The exchange is also opened to the world, the number of languages it supports is very impressive. The exchange supports many forms of deposits, either via wire transfer, deposits through cards and many more. The only major advice I have for the exchange is for them to seriously work on he interface and I think the trading fee, seriously I know of who stayed away from this exchange as he was frustrated on the slow response of the interface. After the last trade he completed, he swore that he is not going to use the exchange again, and he withdrew his funds, so this has caused deduction to the customer rate. Which is not good. Also this user that got frustrated can equally go out there and start tarnishing the image of this exchange, so all this have implications, i hope this exchange change. Thanks for reading my review. I really appreciate your effort Thanks once more.

Pros
  • Highly liquid
  • Nice trading interface
  • Customizable fees
  • Fast customer services
Cons
  • None for now