Review on Bitbank by Kehinde Oluwakemi
Bitbank Is a Trading Platform Where User Can Buying And Selling Cryptocurrency Using Japan Local Money (JPY).
Bitbank is a japanese based trading platform, infact the most invested Cryptocurrency Exchange and mostly use by the Japanese because of the acceptability of japan Loca currency (JPY) that enable traders and investors to deposit using their bank account and withdrawal directly to their bank
As a trader, one most consider the regulation of a trading platform before invest in such and Bitbank was licensed and regulated by the Japanese financial services agency which makes it a legal trading platform that should be recommend
Bitbank allow buying, selling and trading of seven top altcoins including Bitcoin against (JPY) japan local money at zero trading fee and deposit while charge a very low fee of 0•1% on withdrawal. Bitbank is available on all major Platform which makes trade on the go easy for users
Although Bitbank support only japan local money and has it website translated in two language which should be review by the team, but has many trading features that encourage traders like:- a regulated and licensed trading house, almost zero fee that increase traders portfolio, security with ( multi-signature, 2FA, SSL encryption, cold storage and others), 24/7 support services and other.
Pros
- Well supported by the communities
- Is a regulated and good reputation trading platform
- It has a very low fee
- It allow buying and selling with fiat Currency JpY
- It has 24/7 support services
- Is available on all major Platform for easy Accessibility.
Cons
- It support only japan local money as fiat.
- It website was translated in two language which is not encouraging.
- Is not Anonymous because account verification required personal information.
