To date, there are several crypto exchanges that took birth with the aim of serving and encouraging potential people to invest in digital assets. Having many options at your side is no doubt a good opportunity but it also holds a negative side also. The negative side is that it’s quite hard to examine which exchange is right for you and is reliable.

Today, we will be getting introduced to one of the newly launched exchanges with which you can commence your crypto trade and investment. I’m hereby referring to bitbank.

What is bitbank?

Bitbank is an addition to the cryptocurrency exchange which commenced its services a few years back in 2014. Based in Japan, this exchange operates under the regulation of the Japan Financial Services Agency (JFSA). The exchange primarily serves customers belonging to the Japan region but it has also expanded its services all over the world. In this concern, the websites, and services they provide are available in English, Chinese, and Japanese.

The most attractive lineament of this exchange is that it has zero hacking records in his name. This way the exchange has proven to be one of the most reliable and legit crypto trade platforms. This also tells the story of the high security and safety of users’ funds stored with this exchange platform.

Light on its positive and negative points

Discussing any crypto exchange without having a look at its positive and negative aspects won’t let you reach any conclusion. So, to help you in making a trade decision we will look at the positive and negative aspects of this crypto exchange.

POSITIVE POINTS

The pros of this crypto exchange are as follows:

• Simple navigation
• Crypto funds are secured in cold storage
• Relatively low fees
• Gives you unique market insights and predictions algorithms

NEGATIVE POINTS

• Offers limited customer service options to its users
• Limited fiat-supported currency i.e. Japanese Yen

On the basis of these positive and negative points, you can draw a rough conclusion about its operations. Another attractive lineament of this exchange is that you get the opportunity to trade at a relatively low fee in a secure environment.

Conclusion

Undoubtedly, Bit Bank is a great crypto trade and investment platform which gives investors a secure place to carry out their crypto-related activities. But for the safer side, you should do a comprehensive study before taking any move. Read More:-BitFlyer ログイン | Zaif