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Kehinde Oluwakemi photo
Ibadan, Oyo State Nigeria.
1 Level
337 Review
587.5 Karma

Review on SwitchBIT by Kehinde Oluwakemi

Revainrating 1 out of 5

SwitchBIT Exchange is Closing Down Users Should Move Their Funds Before The Closure Day.

SwitchBIT is a Cryptocurrency exchange Platform created in 2018 that focus on international market, using Cryptocurrency Platform to purchased crypto financial system. It has user friendly interface that enable both beginners as well as the more advanced level traders within the crypto sphere to buy, sell and exchange crypto assets of their choice without transaction and withdrawal fees. It's available on iOS and Android
SwitchBIT exchange care about Security and make use of multi-layer Security and make 2 Factor Authentication to secure user assets, it also use anti-money laundering to monitor real time risk scoring through machine learning and also use KYC verification to ensure correct identification
All in short SwitchBIT is a secure and transparent trading platform but it has a lot of competition to complete with. Even so it unfortunate that SwitchBIT exchange Domain will be closed at the end of April 2021, Although the team did not tell us the reason behind the closure but it announced the close down and ask all their customers to move their funds as soon as possible before the end of April 2021. The website shows the announcement.



Pros
  • Is a Secured and transparent trading platform but no longer provide service
Cons
  • It is closing down at the end of April 2021