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Lokoja
4 Level
215 Review
1593.5 Karma

Review on ViteX by larei bello

Revainrating 3 out of 5

Trading and withdrawal fees are high you might want to find another exchange

Vitex Exchange is particularly a platform for buying, selling and trading of cryptocurrencies and digital assets. It is a decentralized exchange, which was developed, launched and founded in 2019. However, it is believed that the exchange was launched in China. Tue excange just has a trading volume of about one million USD. The interface of the exchange, is not very user friendly nor is it attractive, most of the content of rhe webpage are just plain. The exchange trades not much cryptocurrencies even the popularly known ones are just few in number, Vitex however has four trading market which are VITE, BTC, ETH and USDT. Built on decentralized network, Vitex assures it traders of its transparency in transactions with little or no gas fees at all. Trading in this exchange comes with a fee of 0.2% which is quite considerable but withdrawal here is very outrageous, for every 1 BTC you are chargee 0.05 BTC for withdrawal which is not friendly at all. In short, I didn't trade here because of the complexities of the trading here and the fee structure. The customer support is just on average but it'll be preferred if it can be worked on for better user experience!

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Pros
  • Registration is free and easy
  • The user interface is enticing and friendly
  • Transactiond here are transparent and reliable
  • The exchange has its own token
Cons
  • I wasnt able to trade due to the withdrawal fees