BitForex exchange- is it safe?

[thefoex]

I used the exchange yesterday, as long as I use it there is nothing wrong and I think exchange is good but I have not had a large trading volume there. maybe in the next few years BitForex can be a big exchange if they can become the quality of service.

[jan.nicolas]

The positive reviews that people leave are definitely worthy of this exchange. As far as today I can understand how the exchange works, I think that all this is definitely a positive impact on the cryptocurrency world.

[mastersay]

Bitforex was a good and reputable exchange. In fact, they have big trading volume per day. And they also are ranked in coin market cap. And their customer support also was excellent. I have no problems with this exchange so far.

[aceptamosbitcoin]

I'm using BitForex in last few months and I can say mostly positive stuff about it.

Pros:

- They have one of the lowest fees in the industry.
- They have good volumes on main pairs

Cons:

- Wash trades on small tokens, so you can't really trade large volumes on small pairs
- Every currency have confirmation time before you can withdraw anything. Example: you have 100BTC in your portfolio, but unconfirmed deposit of 0.1BTC. Until this deposit gets 6 confirmations, you can't withdraw anything.

[ucok456]

I once traded on BitForex and the transaction was successful. My opinion Bitforex is a safe and fast exchange. And I don't like Bitfinex, because there are minimum transactions if you want to trade there. It's better to trade on Bitforex than on Bitfinex.

[kipozer]

I think that such exchanges have already justified people's expectations so many times, so I can’t say anything bad about this exchange. I think that everything works fine, because I see that there is potential in this exchange and it will succeed.

[dcomomal]

Bitforex is a great exchange and it is very high rated on Coinmarketcap if I am not mistaking this exchange has the largest trading volume on the market. I am using this exchange and can recommend it for other users as well.

[QNaka]

If you are satisfied that they offer an unverified account with an unlimited amount of withdrawal, and some coins have neither volume nor trust, then in general, given the considerable competition, Bitforex remains the best and safe exchange. But in quality they are still inferior to Binance.

[Dellosoft]

Bitforex is actually very safe. I've been trading on it for sometime now, no issues. It has good volume too for most coins, and you can choose your withdrawal fee. But it depends on what you are looking out for in an exchange, in terms of being legit, yeah it's legit and secure.

[Alohadanc3]

Its never been fully safe to trust a centralised exchange. But if its big then most of time it is fine. I used bitforex many times and it works absolutely fine for me. It is a big exchange with big team a a very big community. They have some good coin listed on their exchange. But they also have some coins that are not so good or looked like a failed project and don't have a volume for trade. But other than that they are a very fine exchange you can use it without any doubt.

[jrrsparkles]

I didn't used that exchange yet because I don't met any situation of getting into that exchange but it looks like they were actually existing and the exchanges are happening so you can try there if you don't have that trading pair on Bianance.But it is not fully trusted for secure storage because we all eed to remember cryptopia when we want to store our funds there.

[Buzhou]

Although the main exchanges provide great systems of protection and defense possibilities against any invader.
Sometimes the exchange itself may be the greatest risk, so no exchange is reliable.
I mean that in the sense of the word, there is none at all!
But I use this exchange and my feedback is good!
You have to trust in something until this something allows you to trust it.

[Felipeo]

I used bitforex for a quite a long time. Its just works fine for me. They have some great coins yoim their exchange. They are working really fine with the exchange. Almost every coin in their platform have a good volume. The interface of the exchange is very fine ans easy. It not of the best exchange available in the market but it is fully affordable and a bit secure to us. I recent time there is many flaws in many many place but they are working and if you n Ed to trade just go for it

[sorrros]

Good afternoon sirs.
I am trying to exchange a currency of exchange (ODE) for a while, a principle I tried for ethfinex, but they demanded 1000 dollars in the account, luckily I got my coins back (losing a bit for rates ...), second option was a bitfinex , as I was already expert, I checked to see if I needed any balance to operate .... 10k Shocked  .
Third and last option according to a CMC, https://www.bitforex.com/, here is a question: Has anyone already deposited and withdrawn in this exchange? If yes, were you happy ??
Note: Yes, the volume of Bcash traded on it is absurd.

Why I may trade on this exchange instead of choosing more trustworthy Binance? Most of the ERC-20 tokens are on DEXs and rest of coins are on Binance  .

[cerberus5424]

No exchange can be safe to store its funds in the long term. If you want to trade, it is better to choose more popular exchanges.

[JohnMacZeppelin]

You understand that today there is nothing 100% safe, especially in the world of cryptocurrency, where every person wants to deceive the other. Therefore, there clearly can not be anything honest. This is a stock exchange and this is a cryptocurrency market.

[Kayum10029]

Yes guys BitForex exchange is very secure exchange with very security transactions systems. I always try to exchange my favourite coins via BitForex exchange account.

[Thanasis]

Yes guys BitForex exchange is very secure exchange with very security transactions systems. I always try to exchange my favourite coins via BitForex exchange account.

In security the centralized exchanges are not best so using it for storing your coins will sucks if there is a hack.

Why don't you try that available free wallets with private key to store cryptos.

[SabrinaBianka]

Good afternoon sirs.
I am trying to exchange a currency of exchange (ODE) for a while, a principle I tried for ethfinex, but they demanded 1000 dollars in the account, luckily I got my coins back (losing a bit for rates ...), second option was a bitfinex , as I was already expert, I checked to see if I needed any balance to operate .... 10k Shocked  .
Third and last option according to a CMC, https://www.bitforex.com/, here is a question: Has anyone already deposited and withdrawn in this exchange? If yes, were you happy ??
Note: Yes, the volume of Bcash traded on it is absurd.

That exchange is good for me, I tried that exchange and I experienced the good services of that exchange so if you ask me I will recommend that exchange to you. And also that is smooth deposit and withdrawal without KYC. But it depends on the amount you deposited.

[CryptoToxicAvenger]

I think that there is nothing wrong in the fact that you will use this exchange. Sometimes some little-known exchanges offer more favorable conditions for the transaction and I also sometimes use such exchanges.