Three Awesome Exchanges Everyone Should Try
Cryptocurrencies exchanges are the entire craze in FinTech right now. Since 2017, hundreds of exchanges have been established and crumbled. Large exchanges such as Binance or Coinbase pose great appeal to many users; however, smaller exchanges are gaining up a loyal and big follower base too.
To help the readers balance the task of finding a good cryptocurrency exchange that satisfies their needs and at the same time doesn’t fall back on its promises, we have simulated a list of exchanges that don’t necessarily boast a user base like the large ones, but have an incredible appeal when it comes to user experience and feel. Each of them, has been analyzed, tested and crosschecked by our team to ensure the utmost transparency to the readers.
Established in 2017, Bitladon was set up with the motive of acting as a liquidity provider for cryptocurrencies concentrating in and around Netherlands and rest of Europe. It didn’t take long for Bitlandon to gain momentum and accumulate customers in the thousands. One of the main reason behind Bitlandon’s rapid success is the allowance of the Euro for deposits and withdrawals with an incomparable speed.
For starters, Bitladon provides a trading account with a limit unto €100 by verifying your email. Additionally, with complete verification of identity one can reach a limit of €15,000 per week. This allows small-time traders and newbies to get hands-on experience with trading cryptocurrencies.
Bitladon boasts a massive portfolio of 100+ digital currencies, with each being thoroughly scanned and audited to ensure customer safety. One of the best features of Bitladon, as per the customers, is their ability to solve disputes in a relatively fast period. Toll-free number to the customer care is always displayed on the home page so that anyone with a grievance can hit them up right away, something that lacks even among the top exchanges.
As per the Bitladon blog, at any given moment, more than 95% of the total funds deposited with the exchange are stored in an offline cold wallet. This step was taken in response to the numerous exit scams and hacks that buzz the cryptocurrency news periodically and ultimately reducing user trust. Bitladon tries to cement itself as the exchange of the new period my slowly and steadily climbing the ladder and checking all security measures on the way.
Click here to view our complete review on Bitladon
3. SWFT Blockchain
SWFT Blockchain is the first in the line of a new generation of exchanges that connects buyer and sellers directly on a decentralized, peer-to-peer cross-blockchain platform. It is a cross-chain network built to interlink blockchains and facilitates trade on-chain. In essence, SWFT Blockchain does away with the hassles of an intermediary by connecting buyers and sellers directly.
On a traditional exchange, any person willing to trade must first register with an exchange, get done with the KYC documents, deposit funds in the hands of a third party, bear the counterparty risk and finally start with the trade. Nevertheless, with the SWFT Blockchain mechanism, a trade can be executed with a single click. One simply posts a swap requirement, wait for the blockchain to find a pair and have their wallet credited almost instantly. With an average transaction time of 5.6 seconds, SWFT Blockchain sets a benchmark for all future P2P exchanges.
The SWFT Blockchain’s advancements and shortcoming are directly hedged to its native cryptocurrency SWFTCoin (SWFTC), an ERC- 20 token built on Ethereum. The SWFTC is used to settle all internal balances such as fee payment and referrals. It acts as a projection of confidence towards the blockchain. SWFTC is currently listed on OKEx, DragonEx, EtherFlyer, Nuobi, HitBTC, and Credo.
Click here to view our complete review on the SWFT Blockchain