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Port Harcourt
2 Level
65 Review
159 Karma

Review on FCoinJP by Mercy Godwin

Revainrating 1 out of 5

FCoinJP is a Japanese cryptocurrency exchange but no longer available.

Just as I have been opportuned to discuss about this exchange, FCoinJP, I appreciate this medium and I hope this medium is going to be useful to you because I would love to share with you my own personal point of view about this exchange. FCoinJP just as the name kind of imply, is a cryptocurrency exchange which was established in Japan not quite long ago but as of what I discovered about this exchange, I believe it is no longer available for cryptocurrency traders to carry out their trading activities.

As of last year, that is, earlier in 2020 I got to know about this Exchange from this powerful Blockchain reviewing platform, Revain, because I do checkout new cryptocurrency Exchanges from Revain so that I could get to know more about many other cryptocurrency exchanges rather than the most popular ones like Coinbase, Huobi Global, Binance and some others as they seemed to be quite expensive to trade on so I do checkout new and upcoming cryptocurrency exchanges which of course would be cheaper and that is how I came to know about this exchange, FCoinJP.

Moreover, when I first checked out this Exchange, FCoinJP, I thought it was going to be next move but unfortunately, I could not because the language used in its platform is not of any language familiar to me, so that was one of the things that discouraged me from signing up for an account with them. It happened that it supports only one language which is the Japanese language, I do not even have any familiarity with any Asian language so I simply stepped back or may I say, I completely backed off immediately.

At that time, I have already known that it is not an exchange for anyone whose is not a Japanese or anyone who does not understand their language, the worse part of it was that, even on its social media sites like its Twitter page, it still supports only the Japanese language, so I went off looking for other exchanges that would service better. After that, I got an idea of trying it with the aid of a Google translator, however that was after a while ( after some times) but unfortunately, the exchange was no longer available, that is, it was completely off line and inaccessible. That proved to me that this Exchange, FCoinJP, was only a failure. I kind of imagine what could have caused it going offline till date but I still could not find an answer to that. Maybe it could not gain much users as there are also many other exchanges that serves better than it does, that is by the way.

To conclude it all, I do not advise you to try trading on an exchange that does not support any language you are familiar with, even using a translator is not advise also because things might just go wrong.

Pros
  • I don't see any good in it.
Cons
  • It supports only the Japanese language.
  • It is not a global exchange.
  • It is no longer functioning.