Review on WBF Exchange by Adedamola Adeniji
WBF Exchange Would Have Been Good for Investors But For its High Fees And Undisclosed Withdrawal Fees Information
WBF Crypto exchange is headquartered in Singapore and it has been operational for more than 2years now.
You can access its services on web and mobile applications both on App store and Google play.
WBF Exchange offers leveraged trading that are perpetuals which are ones without expiration. It also offers Over The Counter trading which makes it attractive to whales traders.
WBF's trading view is quite simple to grasp and it is equipped with buy and sell boxes through which you can place orders for any Crypto of your choice, you equally have access to see previous orders list
Talking about fees WBF Exchange charges a flat fee of 0.20 percent for both takers and makers this I see as being on a very high side and it has no information about its withdrawal fees, investors needs to be weary of exchanges like this that fails to give information about fees.
WBF supports fiat deposit via wire and debit/credit cards, this will make it attractive to new investors into cryptocurrencies. This Exchange isn't for US residents
It has a easy sign up process. I won't recommend WBF because of its undisclosed information about withdrawal and its security measures are also unknown.
Pros
- WBF Exchange has an easy sign up process.
- WBF Exchange supports fiat deposits via wire and debit/credit cards. It makes it seamless for new investors into cryptocurrencies.
- Available on Mobile applications both Android and iOS alike.
- User friendly interface.
Cons
- Limited language options, it has just four.
- High fees for both makers and takers.
- WBF Exchange has Undisclosed withdrawal charges
- Not available to US residents.
