Review on Sistemkoin by Adedayo Adeniji
SISTEMKOIN
Sistemkoin is a cryptocurrency exchange based in Turkey and it is open to foreign investors and it only accepts Turkish Lira as fiat and it can be traded against the supported cryptocurrencies which are about 65 altogether.
Sistemkoin got renewed in 2019 to increase its speed and also make it more secured, you can access it on the go through android and iOS mobile devices for one stop trading experience, since it is open to foreigners, it is therefore US investors friendly.
Sistemkoin charges you 0.0005btc as withdrawal fee and a flat rate of 0.20% as trading fee for you as a taker and as a maker respectively. It only offers wire transfer as mode of depositing fiat and doesn't accept credit card.
Sistemkoin stores assets in an offline cold wallet for security and safety and it presently has 306 trading pairs with trading volume of $815,236,440 which is a fair liquidity.
My submission is that Sistemkoin has gone on an indefinite maintenance since the fourth month of year 2021 and it is yet to be back till now, so I therefore discourage you from trading with Sistemkoin.
Pros
- Its fees are competitive
- It accepts US investors
- It supports a good variety of cryptos and trading pairs
- It has a user friendly interface for all kinds of users
- It is accessible via mobile devices
Cons
- It has indefinitely gone on system maintenance
