RightBTC Cryptocurrency Exchange
RightBTC is a cryptocurrency exchange headquartered in Dubai. She cannot boast a large audience. But gradually increasing the number of users. The vast majority of which are residents of China and the Middle East. Here you can buy or sell Bitcoins, Lightcoins, Ethers and other crypto assets. The network about this exchange is scarce information. The trading volume is only $ 21 345 857. When working with RightBTC, some users were deceived. Therefore, on the Internet you can come across the opinion that fraudsters own this exchange.
RightBTC does not have a rich history. She is relatively young, but has already managed to attract good assets from the Arab sheikhs. At the moment, the service website has two versions: English and Chinese. There is no information about the developers. Most likely they are from China. The exchange has a professional interface for trading and a convenient wallet for placing coins.
When the RightBTC exchange was created and who owns it is unknown. The first news on the official website is dated December 15 of last year. The exchange interface is very similar to Yobit. It is based on the popular trading platform MetaTrader 4. There is a chat for those who want to talk or discuss the news of the cryptocurrency market.
The platform uses high-level SSL encryption protocol and cold storage to guarantee the confidentiality of user information
A professional team strictly checks digital assets for those users who have high investment value.
Easy to use
User-friendly interface provides users with convenient transactional services, including automatic deposits and transfers
The platform supports multi-terminal and seamless integration between PC and mobile devices
RightBTC Exchange Advantages:
- Simple and convenient English-language interface.
- The ability to trade all popular cryptocurrencies.
- High speed deposit and withdrawal of funds.
- Minimum commission (only 0.1%).
Disadvantages of the exchange:
- No official owner data.On the English-speaking resources of the crypto community, the exchange is connected with fraudsters.
- A small number of cryptocurrency pairs (60 in total).
- The lack of some interesting tokens.
- The inability to make fiat money.
- Low trading volume.
How to register and trade on RightBTC
In order to trade on this exchange, you must go through the registration procedure. To do this, click on the corresponding button in the upper right part of the screen. Registering on this trading platform is easy. The main thing is to fill in all the fields, indicate the phone number and email.
After registration, replenish your account. There is the possibility of crediting all those coins that this cryptocurrency exchange trades. Crediting to the account is fast enough. When your wallet is filled with tokens, go to the ‘Trading’ section and select the pair you are interested in. After the chart loads, find an order under it and make a coin purchase.
For traders, excellent tools for market forecasting are:
- Sales and purchase history.
- Japanese candles.
- Trading volumes.
The functionality of MetaTrader 4, which is used by RightBTC, allows you to create orders for automated trading. You can use both the web-version of this service and a convenient mobile application. It loses to its competitors, but makes it possible to accomplish the main thing – to buy and sell cryptocurrency.
Although this exchange is significantly inferior in terms of sales to medium-sized exchange services, there is a growth trend. If we analyze the news section of this exchange, then recently its creators have become more active. New tokens are added and RightBTC advertising on thematic resources is enhanced.
RightBTC Cryptocurrency Exchange Security
This service has several security stages:
- Two-factor authentication (2fa);
- Binding the account to the IP address (if necessary);
- Account closure in case of suspicious actions.
When working with the RightBTC exchange, verification is not required. Due to low turnover, there was no news about hacker attacks or other problems with the operation of this service. Withdrawal of funds occurs quickly and automatically.
Service Development Prospects
RightBTC is headquartered in Dubai, the largest city in the United Arab Emirates. This is one of the financial centers of southwest Asia. Thanks to the economic boom in this part of the world, many companies are opening offices in this part of the world. State regulation of cryptocurrency exchanges has not yet been issued by the UAE government. But everything can change in one minute.
Further development of the RightBTC exchange depends on many criteria. The developers of this service periodically add new tokens and show users what they are interested in developing the project. But the main drawback of this exchange is the small trading volume. It can be increased only thanks to the influx of new users. And for this you have to spend a lot of money on advertising.