Trade Satoshi Review
A trading cryptocurrency guide must provide reviews of all of the top crypto exchanges out there, so that you can find the best cryptocurrency exchange site for you. This review of Trade Satoshi consists of four parts: general information, fees, deposit methods and security.
Trade Satoshi is another one of the cryptocurrency exchanges from the United Kingdom. Competition among cryptocurrency exchanges in the United Kingdom is really fierce. United Kingdom is the country which without a doubt has the most cryptocurrency exchanges in the world. At least that we know of. A non-exhaustive list of exchanges from the UK (in addition to this one) includes Exmo, CEX.io, CoinEgg, Livecoin, DSX, LocalTrade, Bittylicious (funny name by the way), CoinMate, Indacoin, MixCoins, Paybis, Vaultoro, Instant Bitex and eToro.
Trade Satoshi does not explicitly prohibit US-investors from trading. Accordingly, we do believe that US-investors can trade here.
Trade Satoshi Fees
Trade Satoshi Trading fees
We have not been able to find any information on Trade Satoshi’s trading fees. This is potentially a risk for you as an investor. When an exchange does not inform clearly about their fees, we believe that there is a higher risk that the fees are high. Accordingly, we strongly urge you to make your own analysis of the trading fees at Trade Satoshi before depositing any funds here and before concluding that it is the best cryptocurrency exchange site for you.
Trade Satoshi Withdrawal fees
This trading platform charges a withdrawal fee amounting to 0.002 when you withdraw BTC. This is not unreasonably high but not particularly low either.
This trading platform does not accept any other deposit method than cryptocurrencies, so new crypto investors can’t trade here. If you don’t have any crypto but want to start trading here, you will first have to purchase cryptocurrencies from another exchange and then, as a second step, deposit them at this exchange. To find your entry-level exchange where you can purchase your first cryptocurrencies for fiat currency, just use the Exchange Finder. We’ll help you pick out what you need.
Trade Satoshi Security
Trade Satoshi’s security score is F, when performing the test at Observatory by Mozilla (https://observatory.mozilla.org/). This is below industry average when it comes to top crypto exchanges.
The exchange reviewed above has a large number of supported cryptocurrencies. If a large number of supported cryptocurrencies is an important factor for you in your choice of cryptocurrency exchange, you could also check out the following exchanges: