Sistemkoin Broker Review

June 7, 2019

A Brief Overview Of Sistemkoin Broker:

Sistemkoin Broker is a Turkish based crypto exchange that aims at making trading, not just simple but also secure. The exchange is open to foreigners even though their website is only partially translated. When it comes to trading options, Sistemkoin offers both cryptocurrencies and FIAT currencies.

Available assets and securities

The exchange does not offer a wide variety of digital assets. Here are the available digital coins available on the platform:

Bitcoin
Ethereum
Ripple
Litecoin
DOGE
Bitcoin Cash
Bitcoin Gold
ZCash
BigiByte
Stellar

Fees

All trades on sistemkoin are charged a standard fee of 0.15% of the transaction amount. This makes the exchange one of the cheapest exchanges in the industry.

The exchange charges a flat fee of 0.0005BTC for each BTC withdrawal (minimum transaction size 0.002BTC), while no charges are imposed on your deposits.

Customer support

The exchange offers 24/7 support through telephone (372 5833 5609) and lives chat. You can also reach them via mail hq@kriptomat.io, Twitter or Facebook handle.

Pros and cons

Pros

Low trading fees
A user-friendly user interface
A variety of altcoins considering sistemkoin is just a new entrant

Cons

No margin is provided
A high fee charged on withdrawals

Verdict

Sistemkoin is a decent exchange that offers 24/7 support to its client. However, the Turkey-based has its drawbacks. Firstly, it seems so focused on the primary market, so if you are not based in Turkey, you can always get an alternative exchange. It is also worth noting that like any other exchange, sistemkoin comes with its share of risks.