Exbase.io
About Exbase.io Platform
Exbase.io is a digital currency wallet that facilitates exchanges at the rates offered by prominent platforms such as Kraken, Coinbase, and Bitfinex.
Here are some key facts about the Exbase.io platform that are essential to know: 1 – the project was established in 2018 during the widespread adoption of blockchain technology. 2 – the ownership of the wallet is divided between two companies. The first entity, Hotcoin OÜ, is officially registered in Estonia with the number 14528897 and the address: Peterburi tee 47, Lasnamäe linnaosa, Tallinn, Harju maakond, 11415, Estonia. The second entity, Digital Age Group Limited, is registered in the Seychelles under number 214258 at Suite 9, Ansuya Estate, Revolution Avenue, Victoria, Seychelles. 3 – Hotcoin OÜ holds two permits from the Financial Department of Estonia for its operations: No. FVR000303 and FRK000254.
Exbase.io is accessible in Russian, with developers emphasizing its user-friendly interface designed to cater to a diverse audience.
Supported Cryptocurrencies on Exbase.io
Exbase.io supports a range of cryptocurrencies for storage, including Bitcoin, Ethereum, Litecoin, and Bitcoin Cash. Users can purchase and exchange these coins for fiat currencies within the application, as well as engage in cryptocurrency-to-cryptocurrency exchanges.
The platform also accommodates four national currencies – the dollar, hryvnia, ruble, and euro.
Commissions on Exbase.io are integrated into the exchange rate calculations. While the exact commission rates are undisclosed, the platform assures users that they are maintained at a “low” level. It is noted that in rare instances, issuing banks may levy additional charges.
Operational limits may be encountered during platform usage.
Features of Exbase.io Wallet
As of summer 2020, Exbase continues to function as a web-based wallet, categorized as a “hot” wallet, which may pose certain security risks in storing cryptocurrencies. Although buttons for downloading the application on iOS and Android are visible on the exbase.io site, they are not operational yet, hinting at a potential transition to “warm” wallets.
Deposit and withdrawal transactions on Exbase.io can be executed using bank cards or bank transfers. To enhance coin security, developers recommend implementing two-factor authentication and multi-factor action confirmation.
Exbase.io facilitates cryptocurrency trading, promising competitive exchange rates, a diverse range of trading pairs without the necessity of creating orders, and access to visualized statistical data. Plans are underway to introduce advanced analytical tools.
Regarding security measures, users can request an alphanumeric combination for transferring assets to another wallet. Additionally, Exbase.io offers the MasterPassword feature, a unique access key for account security not stored on the system.
Registration on Exbase is optional and can be initiated upon request. Real-time options for buying, exchanging, or selling cryptocurrency require users to provide the destination wallet address or bank card details for the transaction.
For support inquiries, users can reach out via email at support@exbase.io or through Telegram @Exbaseofficial. A feedback form is also available on the website, accompanied by a digital finance guide for users.
Reviews of Exbase.io Platform
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This review has been prepared by the specialists at ExpertsReview.