Header banner
Revain logoHome Page
Joseph Omomogbe photo
Lagos
4 Level
160 Review
372 Karma

Review on BHEX Wallet by Joseph Omomogbe

Revainrating 5 out of 5

The Reliable Decentralized Cross-Chain Wallet

img 1 attached to BHEX Wallet review by Joseph Omomogbe
img 2 attached to BHEX Wallet review by Joseph Omomogbe
img 3 attached to BHEX Wallet review by Joseph Omomogbe

Although BHEX Wallet is new among other exchanges platform in the crypto-currency market, it was launched in December I see this platform as one of the largest and leading world’s crypto exchange platform today, having a trading volume of over $100,000,000.

Due to the promising features that this exchange showcases, the exchange boasts of a long list of investors around the world especially Chinese investors who uses the wallet. Some of these features that I personally find enticing are “fees, custody and clearing, security and many others.

Fees:- When I compared the prices BHEX Wallet to other exchange platform, it falls among the categories of wallets that offers very cheap price when it comes to trading and withdrawal. For example, when trading it charges maker fee and taker fee at 0.10% respectively. The withdrawal fee too is charged at a cheap price while the deposits are charged at 0 fee.

Custody and Clearing:- the BHEX’s decentralized asset custody and clearing technology that is being used to power this exchange foundation layer helped the platform moves money through a block-chain technology and provides a community consensus mechanism which secures user’s assets.

But I would advise newbies in crypto world to acquire crypto assets before using the platform because it only supports crypto to crypto transactions, which means you can’t buy crypto with local currency either through bank transfer or credit cards and debit cards.

Security:- The security technology put in place by the exchange is also very efficient because since its launch in 2018, there has not been any major security threat or malfunction. And that is another thing that we investors look at before using or relying on any exchange.

Another thing that makes this exchange effective is that it supports lots of decentralized cross-chain asset tokens, I found a long list of these tokens on it. Apart from it’s native token which is HBC some of other cross-chain assets that it supports includes TRX, AAVE, BNB, COMP, HT, LINK, DAI, DOGE, BTC, SUSHI, USDT, UNI, and USDC among others.

And the exchange provides several means of accessing the platform, there is BHEX browser platform, it has desktop software for windows and Mac operating system and it also has apps designed for mobile devices. So there is a wide range of options made available to users, coupled with these are other factors which makes me use the exchange and the fact that I find the platform very easy to use.

In a short word and with my experience with this exchange, BHEX Wallet is a reliable platform to use.



Pros
  • Cheap fees
  • Easy to use platform
  • Good security technology
  • Can be accessed through several means
Cons
  • Only crypto-currency deposit is available

Similar reviews