BitForex Review
Website:www.bitforex.com
About Company:
BitForex is a cryptocurrency exchange registered in Singapore. Founded in 2018, BitForex supports trading in over 300 instruments. Including cryptocurrency derivatives, fiat pairs, indices, precious metals, raw materials, etc. Also, exchange users have access to a service for over-the-counter trading and an auction of NFT assets. For spot transactions, the platform charges a commission of 0.1%. For transactions with perpetual contracts — from 0.04 to 0.06%. The withdrawal fee depends on the cryptocurrency used.
I have been working with this exchange for about a year, everything is fine. All payments are going steadily and in general there have never been any problems with it for all the time. Here many complain about verification, but what’s the problem? Veref is quickly passed, and it is necessary to pass it already at every first exchange.
Had experience on bitcoin brokers and of all – this one is the worst. The site frankly slows down, from which it is impossible to trade normally. Closing in plus works for me every other time, but when it’s in the minus, then everything is immediately pressed perfectly. There is no end to their managers – be prepared for eternal calls from their side without the slightest reason to impose additional. services. For withdrawal, it requires KYC, and even when it is entered, the payment lasts several weeks (support very conveniently refers to the high workload of the site and technical problems).
The exchange is very convenient in its design, everything is intuitive, but at first it was a little lost due to the large number of different buttons and sections. Now I work on this exchange with trading tools (I haven’t tried it in mt5, this is for the pros), I invest in defi and participate in IEO.