Review on BitFex by John Aledare

BitFex is a new digital platform that makes cryptocurrency trading easier. The exchange does not appear to be well-developed to me, since the UI remains offputting and monotonous. Although the trading cost of 0.1 percent for takers and 0.05 percent for makers is not expensive, the exchange's trading volume is not very large, and hence the liquidity is not particularly deep. On the exchange, there was a live chat function that wasn't only for traders and developers to talk to each other, but it was more of an open chat session where various traders could talk to each other. Being a fiat currency exchange that accepts Russian Ruble and US Dollars. I assumed that KYC was required, but I was surprised to see that KYC was not required on this exchange. This implies that the transaction is completely private. The present support offered by this Exchange needs to be improved.