Review on Altsbit by Robiul Islam
The exchange closed due to excess losses.
Altsbit exchange may be closed today but since 2018 they have been providing quite good service. They had an advanced trading platform and decent trading volume but they were a bit weak in terms of security from the beginning.
I have never used Altsbit but as far as I know and according to the notes on their website, the main reason for the closure is a recent hack, they lost a lot of cryptocurrencies which they could not cover, however, the funds in the cloud storage have been given to the users, but as far as I know, most of them have not received any funds.
Overall, my review is to make sure that Altsbit is no longer active, however, their official website is still active but this is just to refund the remaining funds,
Don't register or use it as there is no trading pair active on Altsbit.
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Pros
- None.
Cons
- The exchange has seen its last scene.
- The platform is no longer functional.
- No trading activity currently exists.
- Team is not involved in the development of the exchange.
