Review on Bitay by Joseph Bello
An Exchange With High Fees And High Withdrawal Limit
Bitay is a new global world exchange where you can carry out your daily trade transactions in the crypto sphere. The exchange has an highly organised transaction procedure that helps to effectively carry out traders transactions immediately.
The exchange is still developing but present they have over 90 trade pair that allows you trade your assets at a go. Bitay came into recognition when it was founded in the year 2018 and ever since thenthere hasn't been any issue about their security system,to also strength their security system they enforce KYC policy for all their esteemed traders to provide extra security backup.
The exchanges doesn't charge withdrawal and deposits fees this may be enticing to virtual assets traders though their makers and takers fee of 0.24% and 0.32% respectively are too high but for the fact that they don't charge withdrawal and deposits fees I think the fees are quite advantageous to most traders using the exchange platform.
The exchange has been making remarkable impacts on traders activities but they should still try and make some updates on their system like the issue of the high withdrawal limit and delay in Withdrawal to make it much more better than it is now.
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Pros
- They give Airdrops often
- KYC policy is implemented
- No withdrawal fee
- No deposits fees
Cons
- High makers and takers fee
- Delay in Withdrawal
- High withdrawal limit
