№ 24 | BTCBox - Cryptocurrency Exchanger Review CENTRALIZED
It was created in 2014 but despite a long period, the platform did not reach high trading volumes.
On the one hand, the platform has such advantages as simple interface, low fees, the presence of margin trading, but on the other hand, there are a number of disadvantages as the lack of a full translation of the interface into English, limited list of supported cryptocurrencies.
There are various ways to recharge your balance for verified accounts.
The cryptocurrency exchange supports working with Japanese yen and digital coins. The trading terminal is quite simple, not overloaded with unnecessary information. The graph is available in different time intervals, but the platform does not provide tools for technical analysis.
Those who are accustomed to using them, they will have to turn to other services. It is possible to work with two types of orders — limit and market. The application form is located under the trade pair graph. There are no problems with it —it is typical for the most trading platforms.
The security level is very high, and during the work of the platform, there wasn’t laud scandals and successful hacker attacks.
Mandatory verification makes life difficult for traders, but it makes trade as safe as possible.
In addition using the security system of the cryptocurrency exchange, users have the opportunity to include additional tools to enhance account security, including two-factor authentication, control via SMS and confirmation of trading operations with a special password. You can contact support via the form that is in the lower right corner of the site.
The absence of complaints about the work of the support service may be evidence that it has no complaints with users. Despite the possibility of signing up and working with non-residents of Japan, the platform's orientation to the domestic market can be clearly traced. This is expressed in the absence of a quality English-language interface and in the formation of trading pairs - all transactions on the exchange of crypto-currency will be made through the Japanese yen.
To cut long story short, the cryptocurrency exchange BTCBOX can be characterized as an exchange service for Japanese users.
Where you can easily exchange Fiat for leading crypto-currencies, and convert digital assets into traditional money.
The daily trading volume of BTCBox is approximately close to $32 millions of dollars. At the time of writing, there are only one crypto asset that is listed on BTCBox.
- Simple interface;
- Low fees;
- Margin trading.
- Lack of a full translation;
- No token’s diversity.
- No margin trading.