Review on Foxbit by Fábio Henrique Guimarães
FoxBit
Foxbit is a Brazilian Company, founded in 2014, for the purpose of supplying the absence of a Bitcoin negotiation platform. Currently, you're the biggest realtor in Latin America. On this platform, you can buy bitcoin with the real Fiat coin, the Real. Security is one of the most important aspects of a broker's choice to negotiate. Foxbit claims he takes security very seriously. The realtor says that about 95% of your clients' bitcoins are stored in no Internet connection. This wallet is controlled by American Bitgo Company, which offers financial insurance in case you hack into your wallet. But in the month of March 2018, the platform occurred a problem in the looting system that was responsible for the duplication of 130 looting their clients. Foxbit is a very popular broker in Brazil and the one with high liquidity in the Brazilian market. This platform is very simple and easy to use, being nominated for the most beginner users. Despite some security breaches, this company works hard to ensure that the funds remain safe. With that, we can conclude that Foxbit is a safe and reliable company.
Pros
- Security.
- Reliable.
Cons
- No negative points so far.
