BOA Exchange Review
A crypto exchange guide must provide reviews of all of the exchanges out there, so that you can find the right one for you. This review of BOA Exchange consists of four parts: general info, fees, deposit methods and security.
BOA Exchange is an exchange registered in Romania that launched in 2018. In our Crypto Exchange List, we only have one other exchange registered in Romania (Coinvertit).
On the date of writing this review (14 October 2019), the liquidity at this exchange was a bit troubling. According to information on the exchange’s website, the 24 hour trading volume was only USD 75. This essentially means that there is no trading at the exchange. On the date of last updating this review (16 March 2020, right in the middle of the crisis with COVID-19), the exchange reported a 24 hour trading volume of USD 2.67. People who want to start an account with this exhange should be careful, as it seems as if it will close down within the near future.
BOA Exchange markets itself as an exchange focused on “innovation, security and simplicity”. These are all important factors for a trading platform.
US-investors may not trade here today. Accordingly, if you’re a US-investor and you’re in love with BOA Exchange, you’ll have to wait. In the meantime, use our Exchange Finder to find out which exchanges that today support US-investors.
BOA Exchange Trading View
Different exchanges have different trading views. And there is no “this overview is the best”-view. You should yourself determine which trading view that suits you the best. What the views normally have in common is that they all show the order book or at least part of the order book, a price chart of the chosen crypto and order history. They normally also have buy and sell-boxes. Before you choose an exchange, try to have a look at the trading view so that you can ascertain that it feels right to you. The below is a picture of the trading view at BOA Exchange:
BOA Exchange Fees
BOA Exchange Trading fees
We have not been able to find any info on this exchange’s trading fees. This is potentially a risk for you as an investor (if you do not receive info on the fees anywhere, there is a higher risk that they are high). Accordingly, we strongly urge you to make your own analysis of fees at this exchange before depositing any funds here.
BOA Exchange Withdrawal fees
We have not been able to find any info on this exchange’s withdrawal fees either. The same warning as we made above under BOA Exchange Trading fees is made also with respect to the withdrawal fees.
This trading platform does not accept any other deposit method than cryptocurrencies, so new crypto investors are actually restricted from trading here. If you don’t have any cryptos but want to start trading at this trading platform, you will first have to purchase cryptos from another exchange and then, as a second step, deposit them here. Don’t worry though, we will help you find an exchange where you can purchase your first cryptos by the help of our Exchange Finder. Do the test there now and you will see what alternatives you have.
BOA Exchange Security
We run all the exchange-websites in Mozilla’s Observatory-test (https://observatory.mozilla.org/). The score in such test is one of many indicators of the exchange’s security. This trading platform received an F-score in this test. This should however be viewed in light of the fact that F is the Mozilla Observatory-score received by the majority of all exchanges in our Exchange List.
Finally, we hope you have enjoyed reading the above review. We also recommend checking out the following exchanges. They are well established in the industry and have also received excellent ratings from the visitors on our site: