Review on BitFex by Maikudi Dantala
The liquidity is not deep
This is a Russian exchange that also have a little about itself nor the developers.Bitfex exchange only support the fiat trading pairs of RUB and USD. The exchange has so limited information about itself to the extent, that even the date of establishment is unknown. The trading background is so poor that about 18 of it potential users complained on the telegram group that it is so unattractive that they are feeling discouraged to trade on this exchange. This exchange is very risky to trade on, in the sense that the customer team is not meant available, incase there is help needed from any users. Few cryptocurrencies are been traded here and less trading pairs are active, this may affect the liquidity. Trading here is risky. Avoid this exchange for now.
Pros
- None, because I wasn't opportuned to use it
Cons
- The poor trading interface is too much causing inconvenience for traders
- Few members on telegram yet they are not active members
- Very risky to trade on due to the fact that no guides or support when needed
