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Stella Ojiogu photo
Los Angeles
2 Level
61 Review
154 Karma

Review on BITEXLIVE by Stella Ojiogu

Revainrating 4 out of 5

I'll give this company a moderate rating till things get better

BitexLive is a Turkish exchange that makes excellent use of cold storage. When I initially saw this exchange, I assumed it was defunct because many of the Turkish exchanges I had come across in the past were either dead or scams. The CEO of the exchange, Halil Beydili, founded the exchange in 2017. The exchange has a simple interface that is a little cluttered, however it can be changed to a dark or light style. Trading commissions are extremely high here; a 0.2 percent commission is quite high, isn't it? The exchange exclusively accepts Turkish Lira as a fiat currency, implying that it is mostly used by Turkish traders. However, I did not trade here since the telegram group has been inactive for some time. Before trading here, I will continue to research the exchange for a little longer before depositing any cryptocurrency.

Pros
  • This is a company from Turkey
  • This is a recently launched exchange
Cons
  • The trading fee is high
  • Only Turkish Lira is accepted as a form of fiat

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