Review on BitForex by Douglas Cachazo
BitForex: Among the most used exchanges in the world
Founded and operates from Sigapur, it is known and operates in around 100 countries worldwide, for its foundation it received financial support via investment from Macro companies recognized worldwide who invested more than 20 million dollars, it is another Exchange adds to what I call commission war, in which each one wants or intends to give a lower commission for transactions. They try to give a reward to users for mining your BF token. According to statistics, more than 2 million merchants use this exchange for their commercial activities with cryptos, a high number of trading pairs that pass 200 can be seen, The exchange is considered safe, however I was able to notice several complaints on the network of people who have lost crypto assets on it. I didn't find any extraordinary incentives or anything to add it to my personal exchanges, which is why I discard it. However, depending on the currency you operate and if you are a merchant, it is possible that you may be interested.
Pros
- Anonymous and fast transactions.
- It is among the best and most used worldwide
- Backed by Macro companies known worldwide
- High number of pairs to trade.
Cons
- Lack of promotions and incentives for its users
- The occasional complaint for the loss of crypto assets.
