Review on MtoBit by Victor Nnamah
Mtobit is still developing.
Being the first cryptocurrency exchange in Vietnam, Mtobit is a cryptocurrency exchange which I rate as a good platform for the trading of cryptocurrencies. By exploring its available features, I discovered Mtobit contains a good number of cryptocurrencies tokens for trade. It also hosts a lot of competitions for airdrops with just simple task to carry out.
However, Mtobit is still developing because it seems to have just very few number of users, its website can not be easily accessed because it is a very unpopular website and even the ones I found were blank. It also has a very poor number of followers on Twitter but from what I can tell, from its tweets, it gives adequate updates on its Twitter account. Moreover, Mtobit has a good interface, ensures for the safety of assets, highly transparent and user-friendly. It only allows for deposits of BTC and USDT, it also supports deposits of fiat currency but only for its national currency, VND. From one of the updates I found from its tweets, it linked its API with Binance to ensure higher stability.
Finally, I stopped using this exchange for trade because it did not suit to my needs but I still carryout some airdrop activities to get rewarded.
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Pros
- It has a user friendly interface.
- It is available as a mobile app.
- It gives adequate updates on Twitter.
- Offers airdrops.
Cons
- It allows fiat deposits only in VND.
- It is still developing.
