Review on Trade By Trade by Adedayo Adeniji
TRADE BY TRADE
Trade by Trade is a cryptocurrency exchange based in Belize and it was released in 2017.
Trade by Trade supports about nineteen cryptocurrencies with about forty-five trading pairs.
Trade by Trade charges you a withdrawal fee of 0.001btc and a flat rate trading fee of 0.50% both as a taker and as a maker, in comparison to the industry's average the fees are too high.
Trade by Trade doesn't allow you to deposit fiat both through wire transfer and credit card, it only accepts crypto deposit and this has made it not to qualify as an entry level exchange.
When I recently try accessing Trade by Trade I found out that it is no more in existence as it was displayed on their page that no sponsors, Trade by Trade doesn't have any sponsors for you and going by its current trading volume which is zero, it shows no liquidity and no activity is being performed on the exchange. Please kindly be advised to stay clear and be guided and guarded.
Pros
- It used to be easy to use
- It used to have some helping trading tools
- It used to support margin trade
- It used to be safe and reliable
Cons
- It is no more in existence
- Its trading volume is zero
- No liquidity
- No sponsors
- It doesn't support fiat deposit
