Review on Bitnomial by Killer Bean
Even with CFTC approval, i still consider this exchange as scam!
This exchange deals with trading ot cryptocurrencies particularly Bitcoin. This exchange was actually launched in United States of America on 2014. It was approved by Commodity Futures Trading Commission, CFTC. The exchange dealt with mainly Bitcoin futures. I didn't use this exchange for up to a day because i was even discouraged about what i saw in the exchange. Bitnomial exchange comes with an average interface which is not quite impressive nor attractive. Signing up was possible in two ways either as individual or as an organization. I signed up as an individual and i was inquired of few details like most exchanges. After providing them, i opened my account. Next i saw something i didn't understand, "in order for me to get an early access, i needed to invite friends". I didn't get the meaning of that, why would I sign up and i would start referring when I haven't even started trading on the exchange yet!. I went over to the telegram group, funny enough it had only 3 members(as of the day i am writing this review). Even the twitter account has been inactive since April 2020. I am skeptical about this exchange, I wouldn't advise users or traders to make any form of deposit yet.
Pros
- Registration is just easy
Cons
- Everything i experienced in the exchange has been negative
- I consider this exchange as scam
