Review on Globitex by Akor Samuel
Globitex not an exchange of the future
good day to everyone on this platform. The crypto exchange platform i will be giving my review about is called globitex, when I went on further research of the exchange platform i found out that globitex is yet to be launched on any exchange or crypto trading platform and site for exchangers. The exchange platform is in it beta version.
The beta version is the testing or rather trying out period of the globitex exchange platform, so i will advise exchangers on the crypto exchange platform to exercise patience because the exchange platform has not been fully developed. Globitex for now has security concerns because little to nothing is known about the developers.
Globitex as of today has just six trading pairs which is not great for an exchange platform that wants to be successful, the volume of exchanges being tried out stands at eight hundred and fourthy seven thousand five hundred and twenty thousand dollars in market cap. So the users or rather exchangers on this trading platform are not much, also they have huge commission fees on transaction that traders Carry out.
Pros
- Easy to use and understand
- Has a basic user interface for beginners
- Not too complex to learn
Cons
- Commission charges are high
- Little to nothing is known about the exchange
- Not too popular
