Review on BTC Markets by Joseph Bello
BTC Markets
BTC markets is an Australian crypto to crypto and flat to crypto currency exchange for few major altcoins like the BTC,ETH,ETC,XLM, XRP,BAT,LTC and more . BTC markets came up in the year 2013 as a exchange platform that support both market order and limit order ,the first allows you to sell your your assets on time but not at a very good rate but the limit order allows you sell at a very good rate but takes some little time for your transaction to be processed. A major drawback about BTC market is that it supports only AUD as its flat currency for both deposits and withdrawal so foreigners might not find the flat currency option of the exchange pleasing but Australian traders find the exchange very helpful since it has deposit and withdrawal option in AUD at a free fee. I don't really like the idea of traders providing their personal information to the exchange platform as part of its security measure this doesn't allow traders to trade anonymously on the exchange. Trading on this exchange from my verdict we be a recommendable option for Australian traders but I'm not so sure foreigner will find the exchange appealing at all.
Pros
- It has a good liquidity
- It has most top altcoin
- Free deposit and withdrawal of flat in AUD
Cons
- It supports only AUD
- Traders can't trade anonymously
