Review on Mubadil by José A Rodríguez
Mubadil: The p2p exchange of the Arabic Side that has little Offers
Users commonly think that an exchange service has it all when it provides p2p services, and stable liquidity to trade on its system. But the truth differs from that little fact. I differ from what some researchers have said about the Mubadil exchange since it is not beneficial at all. This platform was integrated into the ecosystem of trading markets that support different cryptocurrencies and provides certain rates for mining that might exclude additional fees.
However, the platform received a low development, and today it is seen as a project with little management. It is true that thanks to the integrations it has made on different platforms, the project gained more recognition, and more users are talking about it. But this knowledge does not imply that they might invest in it.
According to the last release of its public domain, the volume of sales and deposits registered on the platform was shorter than planned. As a p2p exchange, it has so much to overcome and improve. Perhaps, if the company looks to make it more global, these services could grow up, and with the reliability and truth of a mid-quality service.
The positive point to note is that it reminds active, and with a short but consistent daily movement. This permits us to watch some outcomes on the platform thanks to the public dashboard.
To conclude with it, I suggest traders look at this project as something in development, but not a solid gate of trading.
Pros
- It is a little platform with features for p2p trading. It has low fees and might be profitable for some tokens accepted.
- The platform is easy to manage as well as these services included on it.
Cons
- It is a small project acting decentralized, but with little support in a vast market.
- It does not provide reliable features of trading. They are limited. It is a simple window where there is not even content of the project.
- It has poor development of language-translation-systems.
