Stoppage of Business

Reputation Ratings

SPARK POOL

China

|

Stoppage of Business

Stoppage of Business|2-5 years|Suspicious Regulatory License|High potential risk
12 Comments
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No effective regulatory information has been founded yet, please pay attention to the risks!

WikiBit Risk Alerts

2
Previous Detection 2024-11-15

This Project has ceased its operation, and it has been listed in WikiBit's shut down list of Project; please be aware of the risk!

It has been verified that this Project currently has no valid regulation, please be aware of the risk!

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Time Machine

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Company Name
SPARK POOL
Regulatory Status
Stoppage of Business
Abbreviation
SPARK POOL
Platform registered country and region
China
Phone of the company
--

User Reviews

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12 ratings

Participate in evaluation
Shashikant Chada
Disappointing reputation, lacking trustworthiness, a letdown from the community.
2024-09-29 11:38
0
jcqsrbd
Lacks engagement, lacks enthusiasm, lacks substance Emotionally disconnected, uneventful, lackluster
2024-08-28 10:43
0
vavaae
Limited deposit/withdrawal options, disappointing variety. Room for improvement in transaction methods.
2024-06-27 17:34
0
Vikas
The funding security content is informative, but lacks depth and transparency. Communication with the community could be improved.
2024-06-22 13:33
0
Sybin90
Funding security concerns in the community, need improvement.
2024-05-28 04:17
0
Olivia Pierson
Unique user experience, moderate features, could be improved.
2024-05-19 10:31
0
Guest001
Opinions on user reputation are mixed, with some concerns raised about credibility and trustworthiness.
2024-09-02 05:22
0
Yorick van der Walt
Effortless, revolutionary, game-changing innovation. Exciting, satisfying, and rewarding journey.
2024-09-29 18:41
0
Aiden B
Exciting and dynamic trading platform with innovative features and high potential for growth.
2024-07-09 23:39
0
Siya05
Highly secure funding system with transparent transactions, great for building trust and ensuring safety." Emotional summary: "Reliable and transparent security for safe transactions.
2024-07-02 18:39
0
BIT3387769917
At the beginning of mining, the electricity charge was 50 cents, the mining machine was 35100 yuan. The income of mining machine 588 with eth graphics card was more than a dozen yuan per day. Later, the production was deliberately reduced and the electricity charge was high. Now the electricity charge is 99 cents, and it is not allowed to pick up the mining machine. If you don't want to mine, you can let them sell it for 14500 yuan. I bought it in May and mined for one month, and stopped working for two months. In August, The calculation power is only 1 / 5. Until now, I actually want you to sell him the mining machine cheaply. It is equivalent to having sold the mining machine at the highest price and bought it back at a low cost.
2021-09-13 17:14
0
BIT3387769917
At the beginning of mining, the electricity charge was 50 cents, the mining machine was 35100 yuan. The income of mining machine 588 with eth graphics card was more than a dozen yuan per day. I mined in May and stopped for 2 months. The calculation power is only 1 / 5 now.
2021-09-13 16:58
0
Exchange Name SPARK POOL
Registered Country/Area China
Founded Year 2-5 years
Regulatory Authority Unregulated
Cryptocurrencies Available 216
Payment Methods Cryptocurrencies
Customer Support 24/7 Live Support

Overview of SPARK POOL

SPARK POOL is a cryptocurrency exchange based in China, operating for 2-5 years. It offers access to 216cryptocurrencies for trading.

Users can deposit and withdraw funds using cryptocurrencies only. The exchange provides 24/7 live customer support to assist traders with their inquiries and issues, ensuring a smooth trading experience.

Overview of SPARK POOL

Pros and Cons

Pros Cons
Access to 216 cryptocurrencies for trading Unregulated, potentially risky
Competitive fee rate Limited payment methods
24/7 live customer support /

Pros:

Access to 216 cryptocurrencies for trading: SPARK POOL provides traders with a wide selection of 216 different cryptocurrencies to trade. This extensive range allows users to diversify their portfolios and explore various digital assets according to their preferences and investment strategies.

24/7 live customer support: The exchange offers round-the-clock live customer support to assist traders with their inquiries and issues. This ensures that users can access help and guidance at any time, enhancing the overall trading experience and providing peace of mind to traders.

Cons:

Unregulated, potentially risky: As an unregulated exchange, SPARK POOL operates without oversight from regulatory authorities. This lack of regulation may pose potential risks for traders, including concerns related to fund security, transparency, and fair trading practices.

Limited payment methods: SPARK POOL only supports transactions using cryptocurrencies. While this offers flexibility for users who prefer to utilize digital assets, it may be restrictive for traders who prefer alternative payment methods such as fiat currency or bank transfers.

Regulatory Authority

SPARK POOL operates as an unregulated exchange. Unregulated exchanges are more susceptible to hacking and scams. Since there's no oversight, they might not have robust security measures in place to protect user funds.

Cryptocurrencies Available

SPARK POOL offers an impressive selection of 216 cryptocurrencies available for trading. This array provides traders with a wide range of digital assets to explore and invest in. From well-established cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) to emerging options, SPARK POOL ensures users have access to a comprehensive selection of digital assets to diversify their investment portfolios.

Cryptocurrencies Available

Trading Market

Currency Trading Pair Price +2% Depth -2% Depth Trading Volume Volume (%)
Bitcoin BTC/FDUSD ¥512,163.07 ¥54,475,620.08 ¥49,209,117.03 ¥23,922,608,345 19.86%
Bitcoin BTC/USDT ¥512,215.75 ¥215,564,361.40 ¥92,727,935.44 ¥9,924,151,457 8.24%
Ethereum ETH/USDT ¥26,085.88 ¥115,376,437.79 ¥91,233,125.83 ¥6,583,028,420 5.46%
Ethereum ETH/FDUSD ¥26,087.73 ¥13,402,982.68 ¥9,476,510.27 ¥4,434,700,118 3.68%
First Digital USD FDUSD/USDT ¥7.25 ¥19,555,610.65 ¥161,866,652.84 ¥4,035,946,115 3.35%
Solana SOL/USDT ¥1,465.75 ¥75,093,517.66 ¥48,426,663.97 ¥3,672,199,987 3.05%
Dogecoin DOGE/USDT ¥1.56 ¥22,510,537.49 ¥29,185,488.12 ¥3,546,531,226 2.94%
Pepe PEPE/USDT ¥0.00 ¥15,553,252.56 ¥11,331,385.81 ¥3,264,408,673 2.71%
USDC USDC/USDT ¥7.23 ¥242,947,286.03 ¥144,681,144.17 ¥3,063,076,396 2.54%
dogwifhat WIF/USDT ¥32.59 ¥6,492,056.14 ¥17,799,453.85

Payment Methods

Users can conveniently utilize their digital assets to access SPARK POOL's services, making transactions efficient. With cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), and many others accepted, SPARK POOL provides flexibility and convenience for its users in conducting transactions within the crypto ecosystem.

Payment Methods

Is SPARK POOL a Good Exchange for You?

SPARK POOL is the best exchange for traders who are passionate about exploring a wide variety of cryptocurrencies. Here are some other types of traders who would also think SPARK POOL is good.

Cost-Conscious Traders: Traders who are mindful of trading fees may appreciate SPARK POOL's competitive fee structure of 0.20% per transaction. With relatively low fees, traders can minimize their trading costs and potentially maximize their profits from trading activities.

Tech-Savvy Traders: Traders who are comfortable with and prefer to transact using cryptocurrencies may find SPARK POOL convenient. As the exchange only supports cryptocurrencies for transactions, tech-savvy traders who are familiar with digital assets and blockchain technology can easily navigate and utilize the platform's services without the need for traditional payment methods.

Traders in Need of 24/7 Support: Traders who value access to customer support around the clock may benefit from SPARK POOL's 24/7 live customer support. This ensures that assistance is available at any time, providing traders with peace of mind and timely resolution of inquiries or issues they may encounter while trading.

FAQs

Q: What is SPARK POOL?

A: SPARK POOL is a cryptocurrency exchange based in China that offers trading services for a wide variety of digital assets.

Q: How many cryptocurrencies are available for trading on SPARK POOL?

A: SPARK POOL provides access to 216 different cryptocurrencies for trading.

Q: What fees does SPARK POOL charge for transactions?

A: SPARK POOL charges a fee of 0.20% per transaction.

Q: What payment methods does SPARK POOL support?

A: SPARK POOL only supports transactions using cryptocurrencies.

Q: Does SPARK POOL offer customer support?

A: Yes, SPARK POOL provides 24/7 live customer support to assist users with their inquiries and issues.

Q: How long has SPARK POOL been in operation?

A: SPARK POOL has been operating for 2-5 years.

Risk Warning

Cryptocurrency exchange investments come with inherent security risks. It is important to be aware of these risks before engaging in such investments. Cryptocurrency exchanges are susceptible to hacking, fraud, and technical glitches, which can result in the loss of funds. It is recommended to choose reputable and regulated exchanges, stay updated on security measures, and be vigilant in detecting and reporting any suspicious activities. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.