Review on BitParax Exchange by Daniel Bamidele
A reliable exchange platform
Hello users, today I will be discussing or giving a brief explanation about the platform named bitparax exchange. The bitparax is one of the blockchain technology platforms that is listed as a complete crypto currency exchange services provider, in addition, the platform also provides commonly used currencies and has high exchange rates. BitParax will also provide transaction services by charging minimal transaction fees to users, where for users who wants to make transactions on the platform, users are required to have a parax tokens
However, the bitparax platform also uses the ERC-20 tokens utility type, which is a type of token that is commonly used by other blockchain technology platforms, which automatically makes it easy for users to make transactions. Where the advantages is that the bitparax platform will charge a transaction fee of 1% for users who trade taker/ maker transactions, who buys bitcoin instantaneously provided by market makers. Users are also required to have a special email address that will only be used to trade and exchange cryptocurriencies on the bitparax platform
The presence of the bitparax platform as a medium that provides easy currency exchange services, is certainly able to make users of cryptocurriencies to empower their digital asset freely. However, many other platforms that have been able to provide instant exchanges and affordable prices, therefore it can be said that the bitparax platform is a blockchain technology that provides the most efficient currency exchange services
Conclusion, in my research, it is said that the platform is young but the most technical equipped crypto exchange. It offers traders easy to use interface and transaction safety, since 2019 march bitparax team has the most fully range of security measures and security risk control measures in the industry. I even try to explain this platform to users and am still earning the high quality currencies that are listed on bitparax to offer traders comprehensive range of digital asset
Pros
- High quality digital asset
- Instant accessibility
- Effective and reliable
Cons
- Not a reputable platform.
- No customer support
