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José A Rodríguez photo
Valencia, Venezuela
4 Level
1087 Review
776 Karma

Review on Upbit by José A Rodríguez

Revainrating 2 out of 5

UpBit is not what Other Traders say (Exchange with Little Representation)

It has been a little bit misunderstood that the development and support of Up it is beneficial for the cryptocurrency market. But the truth is that this small platform has anything to offer because there are little content and information about the things it provides. If users lookup for it through the public opinion they'll see some mistaken reviews. They contrast to is said first, and this has been a factor that has confused some traders of keeping outside the network.

Personally, this network has anything to offer. I do not recommend, and I don't complain about the fact of not opening an account there. It didn't fill up my expectations, and that's why I advise users of looking for a better service. Although it has never confirmed a scam or a simple hack, this project might still affect users in their time. For that public content, there is limited support of assets. It has not an integration of fiat, and payment methods to advance in the trading field with more advantages, and the worst of all, it is not a liquid exchange.

When reading that they support more than 150 tokens, most of the users think that is a light to trust in the service, but it has been clear that it does not compete properly to the fact of being a solid financial network. Even in Security, this platform is too simple and has standard support.

So, in conclusion, Up it is by the moment a little used platform. I invite users to confirm by accessing the page and check the dashboard of the platform. There is a small number of orders confirmed.



Pros
  • The network has support and availability for different devices including mobile phones.
  • It works under certain parameters to offer trading services up to more than a hundred of tokens.
Cons
  • Platform little used by the community and the team. It is an exchange with a low promotion that does not compete with other representative networks.
  • It has not addition for trading with fiat. No deposits in the debit card are admitted.
  • The team must update certain areas of the platform to fulfil it with reliable content and has immediate access to the dashboard of trading.
  • There is little information about this service that is not so easy to confirm.
  • It is highly limited for global services. It is a small exchange with lots of countries restricted.