OOOBTC Exchange - Review best exchage cryptocurrency

OOOBTC is a cryptocurrency exchange that offers trading in cryptocurrencies only, and some very obscure, at that.

There are not many details about where the company is located or when it was established, but we are of the impression that it is a relatively new exchange.

OOOBTC advantages

- Lots of (obscure) altcoins. OOOBTC offers trading in a lot of quite obscure altcoins like Golem, Zilika, Status, Rchain, etc. In fact, the most recognizable coin in OOOBTC’s portfolio is Ether. They can only be exchanged for each other, but not for fiat currencies.

- Low trading fees. OOOBTC has a relatively low trading fee of 0.25%, which is quite favorable.

- Transfer fees. OOOBTC says it does not charge deposit fees for cryptocurrencies and only charges the miners’ fee for crypto withdrawals. In fact, this is more or less a standard practice for most exchanges, when it comes to cryptocurrency deposits.

- Nice platform. OOOBTC offers a proper trading platform with charts, some indicators and some charting and analysis tools, which can be quite useful for more advanced traders.

- Wallet. OOOBTC has provided wallets for the supported altcoins, which can be very convenient, particularly for the more obscure altcoins, for which there are not many wallets available.

- Good safety. OOOBTC offers 2-factor authentication and encryption of the users’ information. Funds are stored in offline cold storage, which makes them inaccessible to hackers and quite secure.

OOOBTC disadvantages

- No fiat accepted. OOOBTC only offers the option to exchange the supported cryptocurrencies for each other. They cannot be sold or bought for fiat currencies.

- Withdrawal limits. OOOBTC says it has set withdrawal limits in order to prevent fraud and theft. New unverified accounts cannot withdraw at all. Accounts with basic verification can withdraw 0.4 (or equivalent) BTC per day. The so-called “enhanced accounts” can withdraw up to 100 (or equivalent) BTC per day with two-factor enabled.

Conclusion

OOOBTC has an interesting selection of rare altcoins and a nice trading platform with some advanced features, which makes it quite attractive. We also like the low trading and withdrawal fees that make trading on the exchange fairly advantageous.

What we dislike about OOOBTC is the lack of opportunity to buy and sell cryptos for fiat currencies and leveraged trading. We also did not like the fact that we could not find the user verification link and the low liquidity. The limits are also a thing we generally dislike, but in reality the “enhanced” accounts have a really high daily withdrawal limit.

More Information :

Website: https://www.ooobtc.com
Telegram: https://t.me/joinchat/IEZE1wvNdZ8atK1qlhl5Og
Whitepaper:https://www.ooobtc.com/assets/whitepaper/obx.pdf
Facebook: https://www.facebook.com/ooobtcexchange
Twitter: https://twitter.com/ooobtcExchange

Bitcointalk Profile:https://bitcointalk.org/index.php?action=profile;u=1109845