Brief information about the Exbase.io platform
Exbase.io is a cryptocurrency wallet that allows exchange at the rates of the Kraken, Coinbase, and Bitfinex exchanges.
Here are three key facts about the Exbase.io platform that are worth knowing. 1 – the project was founded in 2018 during the active use of blockchain technology. 2 – the wallet is owned by two companies. The first company, Hotcoin O?, is registered in Estonia under number 14528897 at the address: Peterburi tee 47, Lasnam?e linnaosa, Tallinn, Harju maakond, 11415, Estonia. The second, Digital Age Group Limited, is registered in the Seychelles under number 214258 at the address: Suite 9, Ansuya Estate, Revolution Avenue, Victoria, Seychelles. 3 – The Financial Department of Estonia issued two permits for the activities of Hotcoin O?: No. FVR000303 and FRK000254.
Exbase.io is available in Russian. Developers emphasize that the platform is easy to use and accessible to everyone.
Supported cryptocurrencies on Exbase.io
Exbase.io supports several cryptocurrencies for storage, including Bitcoin, Ethereum, Litecoin, and Bitcoin Cash. Within the application, users can buy and exchange these coins for fiat money, as well as exchange between them.
The platform works with four national currencies – the dollar, hryvnia, ruble, and euro.
Commissions on Exbase.io are charged when calculating the exchange rate. The exact amounts of commissions are not disclosed, but it is claimed that they are “low.” Developers note that in rare cases, issuing banks may claim commissions.
Limits on operations can be found practically when using the platform.
Features of the Exbase.io wallet
As of the summer of 2020, Exbase remains a web wallet, which means it is a “hot” wallet and theoretically less secure for storing cryptocurrencies. However, buttons for downloading the application on iOS and Android are already available on the exbase.io website, although they are not yet functional. Perhaps Exbase will transition to “warm” wallets.
For depositing and withdrawing funds on Exbase.io, bank cards or bank transfers can be used. For more secure coin storage, developers recommend using two-factor authentication and multi-factor action confirmation.
Exbase.io offers cryptocurrency trading, promising exchange rates, a variety of trading pairs without the need to create orders. In addition, visualized statistics are available. There are also plans to introduce professional analysis tools.
Regarding security keys, developers provide an alphanumeric combination upon request for users to move their assets to another wallet. Also mentioned on Exbase.io is the MasterPassword – a personal access key to accounts not stored in the system.
Registration on Exbase is possible upon request, not mandatory. The option to buy, exchange, or sell cryptocurrency is available in real-time mode, requiring the user to provide the address of another wallet or bank card for the transaction.
To contact support, you can write to [email protected] or contact Telegram @Exbaseofficial. There is also a feedback form on the website. Users are provided with a guide on digital finances.
Reviews about the Exbase.io platform
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