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TradeSatoshi

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Company Name

Tradesatoshi Ltd

Founder Name

Francesco Alibrandi

Name

TradeSatoshi

Location

Hong Kong

Country

Hong Kong

Languages

Chinese, English, Korean, Portuguese, Russian, Spanish

Copy-trading

Yes

Deposit methods

Bitcoin, Litecoin, Monero

Maximum deposit

No minimum

Maximum withdrawal

No minimum

Minimum deposit

No minimum

Minimum withdrawal

No minimum

Supported crypto currencies

Bitcoin, Ethereum, Litecoin, Monero

Two-Factor Authentication

Yes

Multi-factor Authentication

Yes

Secured By SSL

Yes

Exchange type

Crypto-to-crypto

Withdrawal methods

Bitcoin, Litecoin, Monero

Market
Price
Open 24H
Range 24H
Vol. 24H
% CH
Market
Type
Price
Quantity
Total
Id

Overview

Are you looking for a transparent and less-complicated exchange? It's hard to find a better choice than the rather unpopular, though really solid, and an ideal choice for all novice Tradesatoshi traders. However, this is not the best choice for more advanced users and cryptocurrency veterans due to the lack of more complex trading tools that other platforms offer. Tradesatoshi is a platform that was created for one purpose - to provide a comfortable environment for exchanging cryptocurrencies for all new players, who usually do not have too much budget than the proverbial business sharks. Therefore, we can presume the name "Satoshi" - indicating that it was a platform designed for players with fewer resources (Satoshi is the smallest Bitcoin unit).

The stock market will not find much information on the website itself, but using other sources, we discovered that the stock exchange is registered in London and was founded by an Australian entrepreneur - Francesco Alibrandi. The whole cryptocurrency is available here. The main cryptocurrencies with which you can buy less popular altcoins are DOGE, Bitcoin Cash, Bitcoin, Zcash and Litecoin. It is worth adding here that, Ethereum cryptocurrency is not available, unfortunately. In addition,  the basicity of this platform is not only about the lack of advanced trading tools. The interface of this exchange is really classic, and it's hard for it to be a problem because it was created for this purpose - to offer maximum transparency and comfort of use. There is also live chat and, in general, customer service stands here at a really high level, which is also a very important factor in any such platform.

 

Deposits, Withdrawals, and Fees

The deposit process is really simple so that even the person doing it for the first time will not have much of a problem with it. Just search for the name of the token to buy and then we will generate an address where we must send funds to become the owner of our new token. In addition, we can also use the QR code for this. The big advantage is that the site provides all the necessary information transparently, that's why no one will encounter any problems here.

The withdrawal order is also really simple - just give the amount of money to pay, as well as the address to which to receive the payment. And that is all - confirmation of payment approval will be sent to the e-mail address.

 

Trust

There are a lot of positive opinions about this platform on the internet, although we often come across comments left by those less satisfied with the services of this platform. Many suspicions come from the insufficient amount of information provided by this exchange - as we mentioned earlier, we were forced to take information about this platform from other sources because unfortunately, the site itself is "empty" in this respect.

However, we can also see that the stock exchange takes into account the negative opinions about it and tries to improve some of the aspects complained about by users. An example of this is their customer service, which was previously poor - too small number of employees and often - quite incompetent. This aspect seems to have been improved since the number of complaints about the lack of professionalism from their staff has significantly decreased. Unfortunately, however, quite high commissions charged when paying out some cryptocurrencies and delays in processing payments and withdrawals do not seem to improve.

 

Security

The security aspect is one of those that needs to be discussed when describing a fairly controversial stock exchange like Trade Satoshi. As it was mentioned - there are no grounds for claiming that the stock exchange was a scam. As for the security measures of the stock exchange, they are quite traditional yet effective since the privacy of the platform has not been violated yet. All funds are kept out of the server in so-called Cold storage, and for users, it is possible to establish two-factor verification. The stock market is quite active in social media - Facebook, Twitter, and Slack, where you can contact the exchange staff, therefore, despite the provision of a relatively small amount of information about its activities, the stock market is trying to be open and transparent towards users.

 

Conclusion

A good aspect about this platform is that it can be used for two things: buying and selling cryptocurrencies and in addition to this being able to read current and recent information about the cryptocurrency market. Using this platform is very simple, just start the session on the website and this will allow the user to perform various operations such as buying and selling cryptocurrencies in addition to this also have a main table which is customizable and It allows you to have a little more critical information about the current market at that time. Thanks to this platform, anyone who wants to register in it and use its functionalities will be able to know what was the volume of such cryptocurrency at a certain time, its different prices over time and even its ups and downs during the week.

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Pros & Cons
  • A wide range of cryptocurrencies
  • Social media active
  • Live chat available
  • Poor crowd opinion
  • High payment commissions for some cryptocurrencies
  • Low liquidity
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