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Valobit Review 2023 - Is It Safe?

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Country: Estonia
Launched: 2020
Site: valobit.io
Expert Review
Dec 20, 2020

Valobit is a blockchain-based digital platform that provides an all-in-one solution for cryptocurrency traders, investors, and enthusiasts. The platform is designed to offer users a safe, fast, and secure way to buy, sell, and trade cryptocurrencies. In this review, we will take a closer look at Valobit and its features.

Background and History of Valobit

Valobit was founded in 2018 by a team of experienced developers and blockchain experts. The platform was created to offer a solution to the numerous challenges that cryptocurrency traders and investors face in the industry, such as security, liquidity, and accessibility. Since its launch, Valobit has grown to become one of the most reputable and reliable cryptocurrency exchanges in the market, with a presence in several countries across the globe.

Valobit Features and Services

Valobit offers a variety of features and services that cater to the needs of both beginner and advanced traders. Here are some of the key features of the platform:
Instant Transactions: Valobit allows users to buy, sell, and trade cryptocurrencies instantly, without the need for any intermediaries or third-party services. This feature ensures that users can access their funds quickly and efficiently.
High Liquidity: Valobit provides users with access to a vast pool of liquidity, ensuring that they can easily buy and sell cryptocurrencies at any time, without worrying about market volatility.
Advanced Security: Valobit uses state-of-the-art security measures, including two-factor authentication, SSL encryption, and cold storage, to protect users' funds and personal information from hacks and theft.
User-Friendly Interface: Valobit has a user-friendly interface that is easy to navigate, even for beginners. The platform also offers a range of trading tools, including real-time charts, order books, and trade history, to help users make informed trading decisions.
Mobile App: Valobit has a mobile app that allows users to access the platform and trade cryptocurrencies on the go, making it convenient and accessible for users who are always on the move.
Supported Cryptocurrencies and Payment Methods
Valobit supports a wide range of cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Ripple (XRP), and Bitcoin Cash (BCH), among others. The platform also supports fiat currency deposits and withdrawals, including USD, EUR, GBP, and AUD, as well as a variety of payment methods, such as bank transfers, credit cards, and debit cards.

Fees and Limits

Valobit charges a flat trading fee of 0.1% for all trades, regardless of the size or type of the transaction. The platform also has a withdrawal fee that varies depending on the cryptocurrency being withdrawn. Valobit has set minimum and maximum limits for both deposits and withdrawals, with the exact limits depending on the currency and payment method being used.

Customer Support

Valobit has a dedicated customer support team that is available 24/7 to assist users with any issues or queries they may have. The platform offers support through several channels, including email, live chat, and phone, ensuring that users can get help quickly and efficiently.

Conclusion

Valobit is a reliable and trustworthy cryptocurrency exchange that offers users a range of features and services to make trading cryptocurrencies safe, easy, and convenient. The platform's advanced security measures, high liquidity, user-friendly interface, and mobile app make it an excellent choice for both beginner and advanced traders. With its dedicated customer support team and competitive fees and limits, Valobit is a platform worth considering for anyone looking to trade cryptocurrencies.

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User reviews
Wall E 29 July 2022
4.0

The coin is still under research and developments but I like their idea - to proactively identify hackers and distribute their profile information to the protected community over blockchain. The coin has been listed on top cryptocurrency wallets, so it can't be that bad

Country: Estonia
Launched: 2020
Site: valobit.io
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