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Lokoja
4 Level
215 Review
1593.5 Karma

Review on YellowCard by larei bello

Revainrating 1 out of 5

Try to Trade here is of great benefit

Yellow card exchange is a medium where currencies can be traded easily and smoothly, with a good and a stylish trading interface. This exchange is a regulated exchange that was discovered in 2016 in the United State of America by chris maurice and other experts meaning it surely trusted since it has some rules that governs the exchange. With the high volume of traders in Africa today, Yellow card exchange adopted about 9 centres in some African countries including Nigeria, south Africa etc. Registration in this exchange was very straight forward with no stress, it requires just your email address, password and I think other petty petty information about the user. Also the exchange uses updated price chart for trading, I was attracted to the webpage designs, meaning the color combination of yellow and white which almost look like that if binance. This exchange is also one of the best exchanges for beginners, because it provide the basic guides that are needed during trading. It is made possible for transactions should be made through bank transfers, credit card and through Crypto. They are some condition I couldn't withstand, that was the main reason why I haven't deposited yet. This includes :
. The trading pairs of this exchange is too small and also have very limited cryptos, few are supported here, and the major effect of this is also affects the trading volume, any exchange whose trading volume is unknown will be very risky for trading activities to be done.
. It is possible that an exchange is good when it comes to trading activities but for other service like The customer support services are also essential factors that must be considered when choosing a platform to trade on. For the case of this exchange, the customer service is very poor and also KYC is required during registration because it supports fiat currencies.



Pros
  • The exchange allows deposits via bank transfers credit card
  • The developer of this exchange is an experienced expert
  • Very nice trading interface
  • Easy registration process
Cons
  • Poor customer care
  • Partially High trading fee
  • Supports less cryptocurrencies
  • But KYC is required during registration

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