Post
Topic
Board Trading Discussion
Re: BITCOIN TRADING
by
gantez
on 15/02/2018, 12:48:24 UTC
A bitcoin currency exchange is an online platform that acts as an intermediary between buyers and sellers of the cryptocurrency. The currency ticker used for bitcoin is either BTC or XBT. Crypto-shex is one of the portal in which we trade fiat currencies and more,Security is most important while trading cryptocurrency while creation of our website the foremost thing we have focused on is security even though Bitcoin Technology is Decentralized in nature.

Most advantage over Bitcoin Trading is
High inflation: when prices in the shop rise quickly, it could be a good alternative to have some of the cash stored in cryptos.
Capital controls: some countries restrict the movement of capital from the country. Bitcoin was for example popular in Argentina, which made transfers difficult.
Confiscation of assets: a government is able to stripe away ownership of many assets but not Bitcoin.
Ultra high fees: bank transfer and payment fees do add up and Bitcoin seems to be challenging that cost structure.
 


Your post seem stating the already known fact.


The only thing you can reasonably verify out of all those aspects is "well-known". How legal the exchange is can be difficult to determine except in Japan right now where licensed exchanges have only been in practice for a few months. Aa regulations and laws change, so can the legality.

Not gonna close soon? Sites can and will close as and when they do. Whether they do so gracefully and properly is really a matter of luck I'd say, though with Japan's regulations requiring insurance of depositor funds there is some protection afforded.

Not easily hacked and glitchy? No exchange is safe from this. Don't buy what they say about their security. It takes one negligent employee to compromisethe entire site.

Exactly the reason that there will be more success and trust in cryptocurrency. When governments adopts it, regulations are put in place, hacking gets minimized because every exchange would seat up in their practice etc.