Review on Beldex by Thalhat Tee
Beldex, an Islamic cryptocurrency Exchange....
Beldex is an exchange I would refer to as an Islamic Cryptocurrency Exchange that deals with the exchange, buying, selling and trading of cryptocurrencies inlcuding bitcoins and other altcoins. When I first heard about this exchange I had to go and source out various information before I finally tried the exchange out. I immediately went for the registration where I was enquired of basic information like email, password and a referral code then i was sent a verification mail which I had to verify before my account was finally registered. Immediately, I proceeded to depositing into my account. Interestingly, I couldn't make any deposit nor withdrawals without undergoing the KYC process, so I had to verify my account, I had to provide my name, house address, date of birth, mobile phone number, my PAN number amongst some other minor information. It took quite a while before I was finally verified. After I was able to deposit( there was no fee attached to depositing) I went to start trading my coins, I deposited little because I wanted to see the possible risks involved in trading with Beldex. With the laws of Shariah in place(shariah is Islamic law), users can be assured of the transparency of the transactions. Not only that, Beldex hasnt been reported to be in support of any illicit products like tobacco(this exchange has a clean history so it can be trusted). The trading feels is quite afforadable and competitive as other liquidity based exchanges in the crypto ecosystem. With provision for project listing and a well responsive customer support,users can be assured thatBeldex has a lot in store for future
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Pros
- There's an affiliate program where users can earn from
- Amazingly low fees which attracts investors
- From the low fees charged there is great possibility that this exchange is liquid
- Registration is very easy and simplified
- The KYC verification usually takes a shorter time than alot of exchanges
Cons
- Honestly, this exchange doesn't have anything negative at least for now
