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Altsbit Review

16

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Terrible

Revainrating 2 out of 5  
Rating 
1.8
Crypto Exchanges

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Reviews

Global ratings 16
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  • 4
    0
  • 3
    4
  • 2
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  • 1
    10

Type of review

Altsbit is practically jobless. Under the surge of extruders on February 5, these immense cryptographic forms of money were the justification the affirmation cycle to forestall the present exhibit. It has been down since February 2020 and has no significant source information for its clients as of the date of work. It likewise offers a large portion of the income from hypothesis, particularly for clients. The endeavor was not utilized by a monetary consultant, which has definitely diminished…

Pros
  • It provides a wonderful and wonderful service to an exchange
Cons
  • It's hard to understand.

Revainrating 1 out of 5

My review about Altsbit

Hello to everyone. I will write to you today about Altsbit. Altsbit is a crypto exchange created in 2018 in Italy. First of all, I must say that this exchange has attracted great attention from local residents when it was newly created and managed to attract a decent number of users in a short period of time. But after a short while, this stock market went bankrupt as a result of a cyber attack. As a result of this attack, most of the assets on the exchange were stolen and the exchange was…

Pros
  • No good side
Cons
  • Went bankrupt as a result of cyber attack
  • Now closed, also no user's assets have been refunded
  • Customer satisfaction suddenly hit bottom

Altsbit is a great cryptocurrency exchange used for trading coins and coins, but lately a number of these features have stopped working and will not be possible without any problems and exchanges between separate cryptocurrencies. But since then, the market has collapsed due to cyberattacks. As a result of this attack, most of the items in one exchange were stolen and one change has not yet been able to return these funds to customers and I do not think it will be possible to pay them any time…

Pros
  • In addition, he accidentally secured an incomplete portion of the property.
Cons
  • He saw his final scene with shopping.
  • The platform no longer works.
  • There is currently no commercial enterprise.
  • The agency does not care about improving the alternative.

Altsbit is one amazing cryptocurrency exchange that was also used to trade varieties of coins and tokens with staking as well but recently some of this features stopped working and it becomes impossible to trade easily and make exchange between different cryptocurrency. Based on a little research it happens that the platform was hit by a group of crypto hackers which lead to altsbit losing cryptocurrency worth more than $75 million although it was later analysed that it lost 6,925 btc, 23,210

Pros
  • There's no much positive aspect for this review.
Cons
  • For close to a year no response on maintenance is provided.
  • It is clear that the platform is inactive.
  • No withdrawal can be made.

Revainrating 3 out of 5

Altsbit is not responding.

Altsbit is cryptocurrency,precisely an Italian cryptocurrency that offers unique exchange at a better exchange rate than any other exchange platform. It promotes digital online marketing and promote the interest of investors. It provides one of the easiest and fastest means of making payments and exchange between different currencies but along the line it was bridged by a group of hackers and altsbit has lost virtually all it assets both that of the company and also that of it users. Having…

Pros
  • None for now until it is active again.
Cons
  • It is Inactive.
  • It has lost millions unto a small group of hackers.
  • No current update on the platform.
  • No recent news on platform maintenance.

Altsbit is virtually idle. On the fifth of February it's anything but a digital assaults from extruders this was the motivation behind why tremendous cryptographic money today sets up a demonstration of confirmation to forestall such demonstration. It smashed since February, 2020 and work date there hasn't been indispensable source data arriving at it clients. More to this, it's anything but a halfway profit from speculation for especially it clients.  Being a digital currency it's

Pros
  • It offered incomplete installment of assets even after the accident.
Cons
  • It is enduring an onslaught.
  • Dormancy.
  • Needs validness for securing clients data.
  • It's anything but very having a practical group support reaction.

Revainrating 1 out of 5

ALTSBIT EXCHANGE

I will like to share with you my own point of view on "ALTSBIT" as you have fun. Now To My Review ALTSBIT is an exchange in crypto Currency trading market, this platform has been facing a lot of challenges must especially for HACKER'S and it was made official to the notice of every traders to be aware of it, formally this exchange has never enjoy any trading volume since the time of his establishment and that was 2018. Their are limited supported crypto Currency on this platform which is 1

Pros
  • Few Cryptocurreny support
  • Low transaction fee for both maker and taker
Cons
  • It has been hacked
  • Out of service

Revainrating 2 out of 5

Altbits Exchange

Altsbit exchange was established in the year 2018 for the sake of meeting the demands of the ever growing numbers of virtual currency traders. It's true Altsbit use to have a good status quo as an online market spot for virtual currency , it was operating perfectly well in the way a reliable virtual currency should be. Despite the exchanges good recommendation and excellent service it has only one downside which was the issue of security and that has lead to the reason why the exchange was left

Pros
  • The exchange provides great and exceptional Service
Cons
  • It was hacked and this also lead to its closure

Revainrating 1 out of 5

The exchange closed due to excess losses.

Altsbit exchange may be closed today but since 2018 they have been providing quite good service. They had an advanced trading platform and decent trading volume but they were a bit weak in terms of security from the beginning. I have never used Altsbit but as far as I know and according to the notes on their website, the main reason for the closure is a recent hack, they lost a lot of cryptocurrencies which they could not cover, however, the funds in the cloud storage have been given to the…

Pros
  • None.
Cons
  • The exchange has seen its last scene.
  • The platform is no longer functional.
  • No trading activity currently exists.
  • Team is not involved in the development of the exchange.

Revainrating 1 out of 5

ALTSBIT

Altsbit is an Italy registered cryptocurrency exchange launched in 2018, Altsbit as of the moment of putting this report together its volume of trade is zero and going by history this exchange has always suffered trading volume decrease before it was later announced officially that they have been hacked and majority of the assets users have with them had been stolen and only a small portion is safe in a cold storage, also as of this moment the website of the exchange can't be reached through…

Pros
  • Nothing of use to report
Cons
  • It was hacked
  • It has closed down
  • It can't reached via its link to its website

Don't trade on AltsBit and better still, don't give out your personal details during registration. This exchange was attacked by hackers and a percentage of the traders funds were stolen by the hackers. Though the exchange even promised to payback, not completely but in percentage to what remained after the ugly incident. Launched in 2019, AltsBit was founded so as to create a digitalized platform that would aid the trading of cryptocurrencies without any risk. I guess what led to the hack was…

Pros
  • AltsBit Exchange doesn't have any positive aspect to be discussed
Cons
  • The exchange is still considered as unsafe to trade on
  • The exchange had a major hack recently

Altsbit is virtually inactive. On the the 5th of February it was under a cyber attacks from extruders this was the reason why vast cryptocurrency today establishes an act of authentication to prevent such act. It crashed since February, 2020 and till date there hasn't been vital source information reaching it users. More to this, it offers a partially return on investment for particularly it users. Being a cryptocurrency it has a down payment since it platform was hacked so users are…

Pros
  • It offered partial payment of funds even after the crash.
Cons
  • It is under attack.
  • Inactiveness.
  • Lacks authenticity for protecting users information.
  • It is not quite having a functional team support response.

Revainrating 1 out of 5

Cannot be rewarded for good.

Many Exchange platform seems to be more available on the market today. As long as many developers are creating more projects to help most investors to buy and sell their cryptocurrency many other investors are out there planning to steal people's money. This exchange is one of those that is currently not a proper way to describe a helpful project. With the activities going on with this exchange it has been generally accepted that this platform is This project has not been used by any investor

Pros
  • Appears to be a scam project no positive outcome.
Cons
  • This platform lacks proper information.
  • No hope of becoming great.
  • A no good project, a total scam.
  • Bad publication and maintenance
  • Difficult to understand.

Revainrating 1 out of 5

Dead Exchange

AltsBit Exchange From its name it seems to dealsl majorly with Altcoins but that part of the exchange cannot be clarified as the exchange doesn't seem to offer any trading services anymore. This particular exchange is a multicurrency exchange founded in 2018, it was initially known as Digital Prices until recently when it changed it name to AltBits. This exchange seemed to be moving well until 2020 when it suffered a major attack by hackers and lost some funds but thankfully, some of the funds…

Pros
  • None at all
Cons
  • Nothing much is known about the exchange
  • I'm not sure the hack was real, it could have been made up

Revainrating 1 out of 5

The exchange have shutdown and exited the business

A lot of exchange available in the market, making choice on the best one requires a very good observation and studies. As most exchanges are not a secured enough placeto save your money. The altsbit exchange has been in action for sometimes 2019, it was originated from Italy. Though italy is not known for such development, but this exchange where able to give it a shot. They where able to acquire some numbernumber of trading volume of over$700, bit unfortunately, the hot wallet was hacked and…

Pros
  • They were able to refund users their funds after the hack attack.
Cons
  • The security where being bridged and users funds on the hot wallet were lost.

Revainrating 1 out of 5

The exchange shuts down due to hackers attacks

Exchange is said to be a risky place to save your funds, as most of the times, your funds are on the hot wallet during trading activities, which is accessible on the internet. This was proven when an attack was launched in this exchange, the altsbit. The exchange was functioning perfectly, when it was suddenly attacked by some hackers group. A lot of users funds where lost, but the exchange where able to make refunds for every users missing funds. The gave a deadline for every users to request…

Pros
  • It was a very good performing exchange before it was attacked by some hackers.
Cons
  • It is currently not functioning and available