Review on ooobtcExchange

in #blockchain5 years ago

0_2AcZG-z65vGWjVlk.jpeg
OOOBTC is a Singapore based cryptocurrency exchange. Based on the precise and secure technology, the terminal is prepared to provide reliable and quality services which make sure the clients are able to trade any of the OOOBTC currency pairs free from all the worries. It has been taking variously careful measures like cold storage system, 2-factor authentication and encryption technology to encrypt personal account information, which allow to have assured protection of the fund.

Currently, OOOBTC cryptocurrency exchange 24 hours trading volume is $452,661,802 USD (88,806 BTC) This exchange supports 34 active market crypto currencies.

OOOBTC has been taking careful measures like cold storage system, 2-factor authentication and encryption technology to encrypt the personal account information. These features allow anyone to have assured protection of the fund invested. They provide quality service based on the precise and secure technology.

OOOBTC Trading View
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. The below is a picture of the trading view at OOOBTC:

OOOBTC Fees
OOOBTC Trading fees
This trading venue doesn’t charge different fees between takers and makers. Their fee model is something we normally call a “flat fee model”. Their flat fee is 0.15%. This means that if you’re a taker in an order, you pay 0.15%. If you’re a maker in an order, you also pay 0.15%. 0.15% is generally lower than the global industry average.

OOOBTC Withdrawal fees
OOOBTC has a rate based withdrawal expense, meaning that they charge you a level of the withdrawn sum when you withdraw. Their rate charged is 0.50%.

With the charge model that this exchange has, when you withdraw little sums, it is valuable to you. If you withdraw 0.01 BTC, the withdrawal expense ends up 0.00005 BTC (low). However, if you withdraw 10 BTC, the withdrawal expense ends up 0.05 BTC (ridiculously high). It would be ideal if you consider whether this withdrawal charge suits your own trading or not.

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.

Project Contact Information:
WEBSITE: https://www.ooobtc.com/trading

Facebook: https://www.facebook.com/ooobtcExchangeNews/
TWITTER: https://twitter.com/ooobtcExchange
TELEGRAM: https://t.me/ooobtcExchange
WHITEPAPER: https://www.ooobtc.com/assets/whitepaper/obx.pdf

Author: Russemee

btt url: https://bitcointalk.org/index.php?action=profile;u=2253210;sa=summary

Coin Marketplace

STEEM 0.37
TRX 0.12
JST 0.040
BTC 70162.45
ETH 3540.43
USDT 1.00
SBD 4.79