Looking for alternatives to POLONIEX #1: BIT.AC

in #cryptocurrency7 years ago (edited)

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Due to problems with withdrawals from Poloniex that many members of the community have had and the different warnings to not use this platform I've decided to write a series of posts proposing alternatives to poloniex to the community members. In this post I'll write about my experience with BIT.AC.

Alternatives to POLONIEX #1: BIT.AC

For those who do not know BIT.AC is a cryptocurrencies online wallet. It currently supports 31 different cryptocurrencies and offers instant exchange between these currencies.

Main advantages are:

  • It is a fast and comfortable wallet from Android phones.
  • Add coins regularly.
  • I do not have to worry about the safety of the wallet.
  • I can exchange from one currency to the other instantly.
  • You have a affiliate program .

In fact, BIT.AC is offering affiliates up to a 50% commission on transaction fees incurred by customer referrals. If you click on the link above you will go to my affiliate account ... yes, I'm sorry, I could not help it. I thought that with 11 views and 5 upvotes of my last post the chances to retire with the profits were too big not to put it !!!! ;)

Main disadvantages in my opinion:

  • They charge very high commissions of withdrawal (the exchange fees are not bad).
  • As they are always adding coins, it has the counterpart of having a lot of maintenance and sometimes the website is out of order.

Personal experience:

I have so many wallets and so many cryptocurre cies that I can not keep track of them constantly. The other day I got a message that there had been an automatic withdrawal from my eobot.com account to my BIT.AC wallet. So I logged in BIT.AC and I checked that I had the DOGECOIN that I had sent from eobot.com, so first test passed!

But when looking for more info about BIT.AC I have read some cromplaints in bitcointalk, where some people even accuse them of being "scam". I have had several cryptocurrencies in this wallet, as you can see in the image, but now I only have the DOGECOIN that I have told you.

So:

What do you think about BIT: AC?

Please comment on your experience.


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Thanks for reading & commenting!

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This sounds really like a really good service, I haven't heard of BIT: AC I'll have to check them out!

After reading about poloniex, I started to use bittrex and for now it seems okay but they havent replied to a question I wrote. Hope they will otherwise I will change to another wallet system.

Great , thanks for sharing

Nice post with useful information!