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Review on Altsbit by Benedict Patrick

Revainrating 3 out of 5

Altsbit is not responding.

Altsbit is cryptocurrency,precisely an Italian cryptocurrency that offers unique exchange at a better exchange rate than any other exchange platform. It promotes digital online marketing and promote the interest of investors. It provides one of the easiest and fastest means of making payments and exchange between different currencies but along the line it was bridged by a group of hackers and altsbit has lost virtually all it assets both that of the company and also that of it users. Having tracing the lost or the damages that it conceived is traced to a group called the Lulzsec group which was responsible for stealing this funds. In addition, it cannot be responsible for the database of users any more as it has or it is now controlled by this group.

However, it was recorded that Altsbit lost half which is close to all of it funds to this hackers. What is the next step, it made out time and called on all investors to withdraw their funds. However, it was regarded as a partial refund. After the refunds to it users, it closed it doors in May,2020. Having said all this, it has lost $70,000 worth of cryptocurrency which makes it inactive for now without any active response or reply from team service unit. So be all aware that this platform is down and it requires encryption of the security of the system.



Updated 3 years ago
Rating has not been changed
Amongst many cryptocurrency exchange platform today altbits happens to be one of the fallen giants for carrying out cryptocurrency exchange for today. This platform was bridged a long time ago by unknown group which happens to be not only after the company's worth but also after the information of virtually all users that were registered on the platform. This cryptocurrency exchange is not functional neither is the wallet for deposit as well but I urge everyone to stay put and avoid such platforms.Thank you!!



Pros
  • None for now until it is active again.
Cons
  • It is Inactive.
  • It has lost millions unto a small group of hackers.
  • No current update on the platform.
  • No recent news on platform maintenance.

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