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Altcoin Trader logo

Altcoin Trader Review 2023 - Is It Safe?

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Country: South Africa
Launched: 2014
Volume: $ 835,771.0
Pairs: 20
Mobile app: iOS, Android
Full address: Wilhelmina Street, Unit B6, Clearview Office Park, Johannesburg, Gauteng 2094, South Africa.
Fees: Trading Fees
Currency Trading Fee
All Coins 0.1% of trade value

Other Fees
Currency Easy Buy & Sell Fee
All Coins 0.75% of trade value

Full fee schedule:
https://www.altcointrader.co.za/trading-fees
Fees: Trading Fees
Currency Trading Fee
All Coins 0.1% of trade value

Other Fees
Currency Easy Buy & Sell Fee
All Coins 0.75% of trade value

Full fee schedule:
https://www.altcointrader.co.za/trading-fees
Grade points: 0.00
Expert Review
May 29, 2020

Altcoin Trader is a South African-based cryptocurrency exchange that allows users to buy, sell, and trade a variety of digital currencies, including Bitcoin, Ethereum, and Litecoin. The exchange is aimed at both novice and experienced traders and provides a range of features and tools to help users make informed trading decisions.

One of the key strengths of Altcoin Trader is its user-friendly interface. The exchange's website is well-designed and easy to navigate, making it accessible to users of all experience levels. This is important for novice traders, as it can be overwhelming to navigate a complex trading platform. Additionally, the website has a wide range of educational resources and guides to help users understand the basics of cryptocurrency trading.

Another strength of Altcoin Trader is its security. The exchange uses advanced security measures such as two-factor authentication and SSL encryption to protect users' personal and financial information. Additionally, the exchange has a strict policy against money laundering and other illegal activities, which helps to ensure that the platform is safe and reliable for all users.

Altcoin Trader also offers competitive fees for trading and withdrawing digital assets, which is a major advantage over other exchanges that charge higher fees. This makes it an attractive option for traders looking to maximize their profits. Additionally, the platform has a wide range of trading pairs and support for various digital assets, which allows users to have a wider range of options to trade with and access to a larger market.

The exchange also offers a mobile application that allows users to trade on the go, this feature makes the platform more accessible and convenient for users.

On the other hand, one potential weakness of Altcoin Trader is that it is not widely known and it's not available in all countries. The exchange currently only supports users from a limited number of countries, which limits its accessibility to a global audience. Additionally, the exchange's customer support service could be improved. While the website has a FAQ section, it's not always possible to find a solution to your issue.

In conclusion, Altcoin Trader is a reputable and secure cryptocurrency exchange that offers a user-friendly platform, low fees, and a wide range of trading pairs. It is a good option for novice and experienced traders looking to buy, sell, and trade digital currencies in South Africa. However, its limited geographical coverage and customer service could be improved. As always, it is recommended to do your own research and consider all aspects of an exchange before making a decision to trade on it.

Our Score
Functionality 4 / 5
Reputation 4 / 5
Security 4 / 5
Support 4 / 5
Fees 4 / 5
Our Score
4.0 / 5
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User reviews
Falcon 14 January 2021
5.0

It's a good alternative to the other big exchange, the support and fee make me satisfied.

Shock 1 October 2020
4.0

Average platform with the average possibilities. It's got the regular pairs and it is really easy to use.

Mellet 29 July 2020
5.0

BTC/ZAR is a good pair. I deal with it all the time and I earned a good amount for the last halt a year.

Davd 2 February 2020
4.0

These people cannot process a withdrawal I invested $45,579.00 with the broker wise banc and won a bonus of $156,834.000 I wanted to make a withdraw and they can't process it, I have been trying to get my money out since mid- July 2018. I have given them all my banking information: routing number, acct number ... and they cannot manage to produce the withdrawal. I kept getting messages saying they are working on it, I wasn't able to withdraw my money from the account, thought I was not gonna see this day but God so kind. I was able to get solution to my withdrawals issue with my broker wise banc with the help of a recovery expert Mr James Luscious. whom was recommend on the broker reviews, who helped me recover my funds including my bonus, I would not trust wisebanc to ever make my withdrawal go through so I had to seek help elsewhere and they already closed my account. They seem dishonest, I am happy I could get back my money from them, I advise everyone out there to be very careful with the brokers they invest their money with, in case you are reading this and you are already a victim of this fake binary broker, there's still hope to recover your funds, feel free to reach out to via Email-James luscioushis address: aEmail-Jamesluscious1@gmail.com and he will guide you on a simple step to take and get back your investment. Good luck

Review image
Rosemary 20 January 2020
5.0

Please always be careful when choosing where to invest your money , I lost over $270,000 USD to unregulated broker who lured me into investing my money , after a successful investment plan they denied me access to withdraw my profit, I tried all my best to get my money back but there was mo response to my mails , I felt so stupid . I contacted some crypto currency Authority to help me recover my money back there they couldn’t offered any support until I meet Mr David markson who took up my cash to ALL BROKERS REGULARLY BODY AUTHORITY. With their help I was able to recover my money back including my profit I, please kindly contact Mr David markson on his email below if you are finding it hard to withdraw your profit , Lost fund to broker or account manager he will direct you on step to take for you to get back your fund within 4-5 days – Davidmarkson40@gmail.com

Country: South Africa
Launched: 2014
Volume: $ 835,771.0
Pairs: 20
Mobile app: iOS, Android
Full address: Wilhelmina Street, Unit B6, Clearview Office Park, Johannesburg, Gauteng 2094, South Africa.
Fees: Trading Fees
Currency Trading Fee
All Coins 0.1% of trade value

Other Fees
Currency Easy Buy & Sell Fee
All Coins 0.75% of trade value

Full fee schedule:
https://www.altcointrader.co.za/trading-fees
Fees: Trading Fees
Currency Trading Fee
All Coins 0.1% of trade value

Other Fees
Currency Easy Buy & Sell Fee
All Coins 0.75% of trade value

Full fee schedule:
https://www.altcointrader.co.za/trading-fees
Grade points: 0.00
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