Review on SBIT500 by Praise Olagbadun
Reducing Or Completely Eliminating The Risks Found In Cryptocurrencies And The Blockchain Network Is What SBIT500 Has As Its Ambition
The process of Evolution and the things that follows it happens to be a phenomenon we see on a daily basis. We see it in plants, animals, and even humans. Surprisingly enough, we have began to see it even in the crypto space. The evolution I would be talking about in the crypto space today happens to be directed to the exchange platforms we have today.
In my review today, I would be talking about an exchange platform that baffled me a lot. This exchange platform is known as SBIT500 (which happens to be an acronym that stands for "Standard Bits 500."). The SBIT500 is an exchange platform that is very new to the crypto space as it was established in the year 2019. That is the point at which evolution comes into play. We all know that many crypto exchange platforms have come and go and with the look of things, the new crypto exchange platforms are the ones reigning now. Take a look at some of the most popular exchange platforms in the world: Kucoin and Binance. These exchange platforms were established in 2017 and are presently ruling the exchange industry.
The Standard Bits 500 happen to be a very new company that started operating recently, 2019 precisely, and are already showing signs of being one of the most popular exchange platforms in the world. A sign is the fact that they have their main goal as reducing risk in the crypto sphere. This happen to be something all traders would love to hear about. They are already making plans and even executing some of the finished plans to get this done. This alone made me gain interest in the exchange platform.
Another thing that interested me in the exchange platform is the fact that one can make investments with them. The company allows traders to make investments on their platforms and in return, the traders gets compensated. This happen to be a very enticing feature but the fact that the minimum amount one can invest is somehow high to me makes me a bit sad. The company set up a minimum investment fund to be at a hundred dollars ($100) unlike some other companies like Roobee which allows investments with as low as $10. That notwithstanding, I guess I would make an investment or two with them.
You can barely see an exchange platform with a good side and without the bad side of it, I guess that's why I would be moving on to the things I don't really fancy in this exchange platform. Honestly, the things aren't "things" per say. But is just a "thing." This thing is the fact that they didn't allow me to access their site, saying my country is restricted. This happen to limit me and makes me loose access to the benefits I'm entitled to by using their platform. I guess I would be relocating to another country anytime soon. 😅😅
Honestly, I am supposed to give this company a 5-star rating but due to the fact that they have restricted my country, I had to reduce it to 4 and hope they allow Nigerians to access their great services.
Pros
- The company has an aim which happens to be the aim of reducing risk in cryptocurrencies and the blockchain network generally
- They allow investments of funds with them. The fact that they have $100 as their minimum investment value isn't much of a problem to me and that's why I won't be putting it below
- The company is gradually implementing multiple langue as they have their interface in English and Russian
Cons
- The platform restricted citizens of my country from accessing their site, I really hope they do work on this as I can't wait to start using their services
