BOOM! BOOM! BOOM! You are wondering why Am I so exited? You will get also exited after hearing the news. Bitica Token (BDCC) is now smoothly trading at Coinlim Exchange. This is a big news for all the Bitica lovers and especially the trader of Coinlim exchange. The trading is started by the past 28 August. Currently available pair is BDCC/ETH. Go and start trading BDCC on Coinlim. If you are from the peoples who don,t know about Coinlim exchange and thinking why I am so exited about it, So as I reviewed in my previous articles. This is a instant review of Coinlim Exchange that will give you insight why we chosen Coinlim.
Coinlim Exchange Review
CoinLim is an exchange registered in Singapore (previously Hong Kong). It launched in April 2018 and is available in both English and simplified Chinese. It is most common in Hong Kong and Singapore. The platform is also available as a mobile application, for the investors who prefer mobile apps for trading. On the date of first writing this review, Coinlim has a huge volume amounting upto $154,677,799 USD or 13,406 BTC. It has 40 Coins and 49 Pairs. It has a technical team of about 60 people based in Hong Kong. Aiming to provide a safe, fast, transparent and open trading environment for global traders. It has fees of 0.10% to taker and maker each. It is below industry average of 0.25%. It don,t have any withdrawal fees of their own just charge the transaction requirement of the coin blockchain.
Coinlim Security Report
The report is according to the observation and research of CryptoWisser.
The servers of decentralized exchanges are normally spread out. This is different from centralized exchanges that normally have their servers more concentrated. This spread-out of servers leads to a lower risk of server downtime and also means that decentralized exchanges are virtually immune to attacks. This is because if you take out one of the servers, it makes little to no difference for the network of servers in its entirety. However, if you manage to get into a server at a centralized exchange, you can do a lot more harm.
Also, if you make a trade at a decentralized exchange, the exchange itself never touches your assets. Accordingly, even if a hacker would somehow be able to hack the exchange (in spite of the above), the hacker can not access your assets. If you make a trade at a centralized exchange, however, you normally hold assets at that exchange until you withdraw them to your private wallet. A centralized exchange can therefore be hacked and your funds held at such exchange can be stolen.
As this exchange is a DEX, we feel that it is appropriate to award it a security score of A+ (regardless of its score in the Mozilla Observatory-test).
Coinlim Trading View
Everyone has their own choice for trading views. This is a screenshot of Coinlim trading view.
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