Altilly is a cryptocurrency exchange platform built with blockchain technology.
Let me write this from the beginning; This exchange has suspended their services, but I'll write about my experiences before the stock market closed.
The Altilly exchange is a Medium-sized exchange platform. There is little variety of cryptocurrencies. The number of trading pairs is small. Transaction fees are low, but transactions are not fast. I was using this exchange for some altcoin transfers only. I had about $ 80 assets in the stock exchange, but the stock market closed before I could withdraw my money. Now let's get to another topic. They stole 98% of the Altilly exchange's funds.
Actually, we are wrong because we shouldn't trust these exchanges. Recently, many exchanges and projects are closing in this way. Its developers take users' funds and get rich. Blockchain technologies are still not protected by law. Knowing that users are not protected by law, developers are constantly defrauding users. This situation has now become annoying. A solution must be found urgently to this problem. Since the security levels of such exchanges are quite low, the victims are always the users.