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Valencia, Venezuela
4 Level
1087 Review
776 Karma

Review on FLATA Exchange by José A Rodríguez

Revainrating 2 out of 5

FlataExchange: Little Known Company with Good Advantages in Security

Flata Exchange is an honest company not very well-known in the marketplace. It is supported by Asian providers that are looking for suitable strategies to boost their project to another level of recognition. however, that has been affected due to the low marketing the company is receiving and the limitations in their partnerships. This is a company with low resources and small supports to cryptos. It has a community of crypto-holders and traders very small.

On the other hand, this project is reliable enough because it provides good security systems, and quick privacy protocols to register on the platform and start trading. Besides, the company beware users of the common frauds that might occur in external services where no concepts have been established clearly. They keep frequently posting content about the importance of accessing the networks of truth, so they can avoid being part of a scam.

They established some policies to traders so they can enter the e-commerce field with ease, and be comfortable by the tools of the platform. What I don't like of it is that the company might be in risk if fiat currency is accepted as part of the trading. They consider they imply some unknown way of trading that not as beneficial as the ones created by digital money. This is something strange because fiat is still the biggest way of commerce un the financial world, and users need access tot hem every time they want.

In conclusion, I consider this exchange is practical and had good resources. Some of its positive points have been established. Anyway, I recommended proceeding carefully since this service has now great recognition, and it is not available everywhere.




Pros
  • It recognizes good protocols of security and privacy. It offers customers a wide concept of what security in the trading field implies. And they also provide them with a window to see how it works.
  • It supports some good cryptocurrencies, and they have good liquidity even when the volume is low.
  • It tries to maintain green flags for tokens and permits users to find good prices for trades.
Cons
  • The site doesn't recognize the use of fiat as stable and productive for e-commerce. They think it might imply risk, frauds, and other disadvantages for traders. They unlocked the possibilities of trading by using common currencies.
  • It is little known in the marketplace. This company has a small trajectory, and the features are just little. The project requires a big development and better marketing strategies.
  • It is not publicly recognized. It is available just in some countries and operates in two languages.

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