Review on SafeTrade by Joseph Bello
Safe trade Exchange
Safe trade is a centralised virtual currency exchange but contrary to the fact that centralised exchanges are very Liquid the exchange platform is not so Liquid. The exchange has a very simple trading interface that contain few and less sophisticated trading tools and features or icons , but the graphics and other features on the exchange has shown that the exchange is outdated and is already due for an update . The exchange is centralised and for that for you to trade a third party would be in charge of your funds which doesn't give you complete control and this might come with its own risk as centralised exchanges are the most vulnerable to hack since most found are store on a sever. The exchange can be of help on some special occasions when traders are in need of an exchange that can give them a lot of trading pairs to swap their coins and token for instantly. The exchange developers need to work more on this project as soon as possible.
Pros
- It has numerous trading pairs
- The transaction cost is low
- The exchange is easy to navigate
Cons
- It is centralised,and at times centralised exchanges are easily hacked
- It needs to be updated
