Review on BHEX Token by Jessa Santos
Good trading platform
Personally I really think Bhex is a great trading platform. The transactions fees are really great, compared to other platforms, and no fees for OTC trading.
BHEX has it own token called BHEX token (BHT). It is an ERC20 token that can be used to reduce trading fees on the platform.
BHEX has apps for both android and iOS device. It also supports Browser trading. This way users can access and trade without the use of apps and on any device that has an internet connection.
It provides crypto to crypto trading, OTC trading, wealth management and other services. OTC trading allows trades of crypto for Fiat amongst traders at no cost at all. It is free.
You can trade on Bhex without KYC verification. KYC verification is required for OTC traders and to increase withdrawal limit. KYC verification takes 24 hours to verify.
It has its own security and provides option of two factor verification, not compulsory but required .Some other good things about this platform is has varieties of coin selection, great customer service in case you get stuck, interest earnings on savings account and many I hope to discover.
The only issue I really have with the platform is that it only accept crypto deposits. So if you are new to crypto trading you might have trouble funding, only if you buy from another platform and transfer to this platform.
It also restricts US traders from using the platform, this may have effect on OTC trading because USD traders will be few and it is a more desired Fiat.
None the less it is not so bad to try out.
Pros
- Straight foward and easy to navigate
- Low transaction fees
- Great customer service
- Offers coin and tokens varieties
Cons
- Limited funding options
- US traders are restricted from the platform
