Review on VCC Exchange by Killer Bean
What I experienced with VCC exchange
Built to provide users with a seamless trading experience, VCC exchange uses up-to-date and even sophisticated technology to satisfy their various users. The exchange was launched in 2019, pretty young right? VCC exchange is a centralized exchange built with a advanced interface making trading possible and easy for traders, especially the experts. The website is dynamic and well designed as it can show the simultaneous change in price of any cryptocurrencies it trades. Well, looking at the fee structure, i wouldn't say this exchange is extremely cheap because there are some exchanges that charge way lower fees as low as 0.05% for every trade, but in VCC, it is a 0.2% fee which is still quite affordable. This exchange seeks to make Credibility, Trustworthiness and Transparency its watchword and it is actually doing well towards that aspect, in the sense that this exchange hasn't been hacked before or subjected to external aggravation. Well, as i expected the mobile application was so so easy to use, though i had problem logging in, so i uninstalled the apo and installed it again that was when i was able to use the app well. The bad part to this exchange is the fact that KYC is needed for withdrawal, this was actually not whay i expected but I just had to do it. The KYC took time, I had to wait for two complete days before I was fully verified and I was able to withdraw my funds.
Pros
- The user interface is dynamic
- It is a recently launched exchange
- The fee structure is considerable and has affected the liquidity properly
Cons
- Users have to undergo KYC before being able to withdraw
