BitForex

BitForex is one of the cryptocurrency exchanges from Seychelles, and it is one of the six exchanges registered in Seychelles. The trading platform has a good number of trading pairs and good liquidity. The exchange charges nothing from the makers and takers need to pay 0.10% which is low considering the industry average. BitForex has taken many security measures to ensure that the trading and funds remain safe. BitForex offers two-factor validation (2FA) to protect customers’ accounts. Most of the funds of the exchange are kept in the cold wallets. Additionally, there are useful features like IP discovery login to ensure the security of the platform. The trading platform of the exchange is intuitive and easy to use. The exchange accepts CNY; therefore, the user can use fiat deposits to buy crypto. The exchange doesn’t charge anything for the deposits. The exchange allows the trading in Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Litecoin (LTC), DATA, Crowd machine (CMCT), and AION. The exchange allows no margin trading; therefore it is not suitable for aggressive traders. The exchange supports two tether coins –CNYT and USD tether. BitForex is the new crypto exchange which mainly targets Chinese Market and is suitable for beginners as well as experienced.
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