Exrates Exchange ReviewCentralized
Exrates is a cryptocurrency exchange / digital asset exchange that has been in business since 2016. This was before the crypto ICO craze that started during the 2017 crypto bull market. An Exrates exchange review also reveals that their website is available in a few languages, including English.
A huge drawback is the little information that is available about them, especially on their website. This makes it difficult to determine what rings true and what doesn’t. In addition, an Exrates exchange review reveals that they serve the crypto space via no less than a 119 active markets. They also offer trading access to various currency pairs, including fiat-to-crypto and crypto-to-crypto currency pairs. They seem to have a large trader base of almost 150,000 traders. This seems to enable them to provide ample liquidity for most currency pairs.
They offer a feature where money transfers between users of their platform are possible by using nicknames. An Exrates exchange review also reveals that they have an experimental “prediction lab” called “Exrates Lab” running. When a BTC prediction is wrong, they pay 0.01 BTC into a special fund of which the proceeds seem to go towards a monthly lottery.
Exrates seems to offer a highly professional coin listing service in conjunction with various well-known crypto outlets. It is a pity their trading website and/or platform doesn’t reflect the same level of professionalism. Both in terms of content and design.
They seem to offer a REST API. This API allows for the automation of at least some of the actions that are available via the web interface.
24h Trading Volume4684.621 BTC