Review on Sistemkoin by Fanuel PORPORTY
Cryptocurrency Exchange Sistemkoin
Sistemkoin is a Turkish crypto exchange. Turkey has a large number of crypto exchanges. As many other Turkish cryptocurrency exchanges, Sistemkoin is open also to foreign investors. However, the fiat currency accepted is TRY (Turkish Lira), EUR, USD and most pages are only accessible in Turkish.
Sistemkoin is both faster and safer. The increased speed was created via Amazon Web Services optimized servers, through which the exchange accelerated the flow of data. In 2019 The security features added in the renewal were mainly the launch of anti-phishing codes and three-step verification. It uses a cold wallet system in order to secure the users' funds and provides a third security measure to withdrawals via a PIN code previously set. Sistemkoin charges a 0.2% trading fee for both makers and takers.
Pros
- Two-factor authentication (2FA)
- Bank transfers accepted
- No deposit fees
- OK trading platform
- Variety of altcoins
Cons
- Some forces on Turkey
- Volumes mostly in TRY trading
- Margin isn’t provided
