Update on Bitcash Exchange

in #hive-167922last year

Hello to everyone and happy Sallah to all of our Muslim brothers and sisters around the world. I hope you all have a good day.

I want to draw everyone's attention to the current problem I had with Bitcash and how to avoid it in the future. I'd like to be very clear that the purpose of this piece of writing is to warn people against trading for the moment, not to provide a bad rating. Let me introduce you to the Bitcash app.

What is Bitcash
I learned about Bitcash, a recently found cryptocurrency trading website, via a friend. You will be allowed to trade any asset on their exchange with a value of $1 or more, in accordance with their perks. The platform can be accessed at https://app.bitcash.org.

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It provides the option to convert your cryptocurrency into any of the following assets;

BitNGN is a resource in Nigerian money that makes it simple to withdraw Naira.

BitEURO is a currency for traders that need to transact in the Euro.

Chinese cryptocurrency dealers utilize BitCNY as their primary currency.

BitAUD is a resource that allows the conversion of assets into Australian currency.

BitCAD – this resource offers for exchange of Canadian currency transactions.
And Lots more.
As you can see, the site has a lot to offer, however if you're in need of your asset right away, I wouldn't recommend trading with bitcash cash; instead, utilize Binance.

The recent incidence that occurred to me
It is very distressing because I was enthusiastic about trading #EOS to #NGN and received tutorial videos on how to utilize the Bitcash software. I made the decision to implement the practical component after viewing it. Normally, I use my Binance account for trading, but because this exchange gives me the option to trade above $1, I made a wise decision instead of using Binance, which doesn't give me this option.
I traded on Wednesday, March 29th, 2023, however as of this writing, I have not yet received my traded asset.

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It is quite upsetting, so I decided to chat with the admins. They merely mentioned the time commitment involved in using the Bitcash exchange for trading.
This blog article was created to let Hive traders know that while the bitcash exchange is still in development, fewer people are using it. Due to the long processing times for transactions, it is advised that traders who need access to assets immediately wait to use bitcash.

My Closing Words
Regarding this matter, I would advise anyone who wants to trade with the Bitcash exchange to hold off. The project appears to still be in development. The worst aspect is that despite it still being in the development stage, individuals were told to utilize it, and I was forced to trade because the transactions I saw on the video were happening so quickly.
Please wait if you want to use the exchanged asset right away if you plan to use this app for trading. I'm wishing everyone a good day and thank you.

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