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BitYard Review 2021

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BitYard is one of the world’s well-known and leading cryptocurrency contracts exchanges. BitYard is headquartered in Singapore and offers easy, fast, and safe cryptocurrency asset trading services in over 150 countries. BitYard broker is regulated by the American Money Services Businesses, Singaporean accounting and Corporate Regulatory Authority(ACRA), and the MTR of Estonia for the European Union. BitYard also operates in Southeast Asia and caters to the digital asset market concerning government-backed blockchain technologies. Although, read this BitYard review further and learn more about the exchange platform in detail.

What Is BitYard?

BitYard was established in the year 2019 in Singapore, which is considered an Asian Technology Capital. Various BitYard reviews suggest that BitYard has a reputation of being a world-leading, well-known crypto contracts exchange, and its business philosophy is a “complex contracts simple trade.” It aims to simplify the complex trading experience for its users by offering several trading tools for their benefit.

The BitYard brand concept is “BitYard = Simple“, and their concept is “BitYard is best for novices” for their customers. Further, this exchange offers an easy to use interface, and the trader does not have any problems or barriers to enter this platform, and also, it offers a competitive trading fee for its customers.

BitYard Platform Interface

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One of the major advantages of this platform is that the traders can place the trades that can be as low as 5 USDT or that can be as high as 20,000 USDT, accompanied by a 0.05% interest rate in the trading exchange industry. The trader should know that the higher the market risk, the higher will be the reward. It also offers leverage starting from 5x-100x, which is considered one of the advantageous features offered to its clients.

BitYard offers simple, secure, and digital contract transaction services, which is very fast for its traders. Recently it had acquired a brand ambassador, Buakaw Banchamek, a Thai boxing champion to promote its services. It is one of the exceptional ideas where no other crypto trading platform has a brand ambassador to promote its products. The main aim of acquiring a branding ambassador is to attract traders from their home country and several other regions.

BitYard General Features

Some of the worth mentioning features of BitYard are discussed below:-

  • BitYard follows its concept of “Complex contracts simple trade” philosophy, and its main objective is to bring a simplified trading experience to its traders.
  • Some of the products offered by this broker are leveraged trading instruments on various cryptocurrencies. Compared to other brokers like BitMEX, BitYard offers more simple tools, and their unique contract offerings help the trader place the trades without much stress.
  • Opening an account with BitYard is simple and easy; the trader needs only to register with an email address or mobile phone number. They can be registered within 30 seconds to become a customer.
  • Presently, this broker supports major digital currencies so that the user can use it as an asset. Also, the Indonesia Rupiah (IDR), Vietnamese Dong, and the Renminbi are supported by this broker. BitYard has plans to add several fiat currencies shortly.
  • Compared with other contracts exchanges, which is very difficult to navigate and requires the traders to be familiar with several features to use the platform, BitYard user interface and its mobile apps are designed in such a way that it is user friendly to its traders.
  • Depositing funds in the trader’s account is very easy, and this broker accepts trading with 16 different coins.
  • One of the most advantageous features of BitYard is it is considered one of the very few leveraged cryptocurrency exchanges regulated by authorities, and it holds regulatory licenses. These licenses are from Australia, the USA, Singapore, and Estonia.
  • BitYard provides its services in more than 150 countries even though it was launched last year. Further, their website has been translated into 8 various languages to help its clients from different parts of the world. It also offers a system that allows the transferring of funds among superiors and subordinates that are facilitated by the agents.
  • This broker offers its support when the user is investing and trading in cryptocurrencies. This platform supports trading in cryptocurrencies and OTC. By offering the concept of “safe, easy, and fast “it makes sure that it delivers as per their concept. Several crypto trading platforms do not support and do not allow new traders to trade in the cryptocurrency market. Considering this, the broker offers a platform that is easy to use and to navigate even for a new trader.

Why Choose BitYard?

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BitYard Regulations

As we are already aware that, very few regulated exchanges fall under one or two jurisdictions. But BitYard falls under 4 jurisdictions which show its regulatory status, where the traders can use it without any worries. For traders who are looking for an easy and simple to use contract exchange platform, BitYard stands first in offering its services to its traders. The following regulatory authorities regulate this broker:-

  • Australia’s AUSTRAC
  • The American Money Services Businesses
  • The MTR of Estonia for the European Union
  • Singaporean Accounting and Corporate Regulatory Authority (ACRA)

BitYard Regulation & Licenses

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Additional Features of BitYard

BitYard has its global presence, and it is regulated by top-tier regulators, and has its reach in various countries around the world. Let us discuss a few additional and unique features offered by the platform:-

  • This broker supports trading in cryptocurrencies and OTC (over-the-counter).
  • This broker offers KYC authentication for the safety of the traders.
  • It requests multiple offline signatures.
  • Offers cold storage of crypto assets.
  • This broker comes with a full refund warranty.
  • As a part of promotional campaigns and affiliate programs, this broker offers free coins for its users.
  • It offers a mobile app that is compatible with iOS and Android devices.
  • Its risk management features include stop-loss and take profit potentialities.
  • The fees for transactions are just 0.05%, and it also offers an option to detect mining fees for reducing it further.
  • This broker offers an account that demonstrates and helps the traders to familiarize themselves with the platform.

Advantages of BitYard Exchange

Let us discuss a few advantages offered by BitYard:-

  • The BitYard brand concept is “BitYard = Simple”, and this platform offers a beginner-friendly interface and tools for contract trading. This permits the traders the ability to trade with leverage, even though they do not have any previous experience in trading. Moreover, it allows the traders to generate income by way of the daily mining program.
  • BitYard allows the traders the maximum withdrawals of USDT 100,000, which is considered a higher amount than its competitors. For traders who are looking for a wide choice of digital assets, this platform offers 16 asset options, when compared to 8 options offered by its competitors.
  • Even though there are various crypto derivatives online trading platforms available in the market, they offer advanced tools for experienced traders, and their user interface and operations are very complicated for new traders. As we have already suggested, BitYard’s user interface is designed in such a way that it is simple and easy to use for new traders. Besides, it has not added so many functions that might overpower the new traders.
  • It offers seven deposit options than any other contract exchange. It offers OTC services for traders for buying USDT with very low trading fees, which apply to institutions and new users.
  • Furthermore, it takes the trader’s funds’ security very seriously by employing several safety measures such as KYC for deposit only, multiple offline signatures, anonymous trades, real-time risk audits, cold storage, complete refund warranty, and several more.
  • This broker offers exhaustive promotion and client acquisition strategies like for beginners they offer 20% deduction of the trading margin, and some coupons are also available for first deposit.

BitYard vs BitMEX vs Bybit vs Deribit Comparison

BitYard’s BYD Token Details

  • One of the special key features offered by the exchange when compared with other derivative platforms is that it offers its customers the feasibility to receive BYD the platform token, offered on their daily mining page along with several other cryptocurrencies.
  • BYD, the platform’s native token that can be compared with BNB of Binance, plays a very important role in the BitYard ecosystem, and it is also anticipated to be listed on several important exchanges in the near future, which shows that BYD has great potential.
  • Currently, this native token can be used to pay some of the trading fees in BitYard, which also gives the traders a discount. Furthermore, the total volume of the BYD token is 210 million, of which 10.24 million has been allocated for the mining program. The traders of BitYard receive 6 BYD when they activate their BitYard account.

BitYard Review: Pros and Cons

Let us see a few pros and cons of this trader:-

Pros Cons BitYard offers a simple and user-friendly interface Traders are allowed to withdraw only in USDT It provides the fastest trading engine currently in the industry by offering 1 million transactions per second There is no fiat withdrawal. Traders can deposit 7 major digital currencies It has a KYC process for deposit. Offers demo account for its traders It offers 16 coins for trading currently.

BitYard Account Opening Process

  • Account opening process on the platform is very easy, and it does not take more than 30 seconds. Moreover, no fiat currency is used on the platform, and hence the stable coin USDT is used as the main currency for the trades. The trader can use the below given seven digital currencies for the deposits such as BTC, XRP, ETH, TRX, USDT, LINK, and HT, which is considered as high when compared to several other crypto contract exchanges.
  • BitYard’s platform is available in 8 various languages such as English, simplified Chinese, Russian, Traditional Chinese, Korean, Vietnamese, Indonesian, Japanese, and Portuguese, clearly targeting the Asian customers that are based on the languages they offer for its customers.
  • For signing up on the trade platform, the trader needs only an email address or a mobile phone number; with this, they can be registered on the platform within 30 seconds.
  • The user needs to go to the registration page given on the website, and once it is done, a personalized BitYard wallet is assigned, and they can start trading immediately.
  • Among the various advantages offered by the platform, their simple registration process is very easy and stands out when compared to other cryptocurrency exchanges that require several amounts of information and a verification process. This platform helps the traders to start trading their first Bitcoin contracts in seconds.

BitYard Registration ProcessBitYard Registration Process

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Demo Account by BitYard

One of the most advantageous features offered by this platform is that it offers a demonstration of the account for its users. By using it, the traders can learn about the trading platform about its key features and functionalities without the risk of using real funds. Besides, it is offered for free, and it does not take time to register an account, and the trader needs not to have to register a separate test account for trading. They can switch between the accounts like a demo or the live account on a platform.

Crypto Contract Trading by BitYard

  • When the user has added the cryptocurrency as a deposit and cleared, they can check out the incredibly intuitive user interface and experience the seamless BitYard trade experience.
  • BitYard allegedly claims that it offers a trading engine, which is the fastest, in the trading industry, which matches 1 million transactions per second. As a new trader, they can choose among 5x and 100x leverage, offering the traders the potential to multiply their profits. A bit of caution, higher leverage might also lead to high potential losses if the market positions are not favorable.
  • BitYard platform’s pricing data comes from an external source. This platform uses an averaging price and Kline weighted average approach from several major exchanges such as Binance, Huobi, and OKEx.

Crypto Contract Trading by BitYard

Advanced Trading Tools

  • By offering professional-grade TradingView tools and charts integration, this broker enables the traders to analyze their trades over several screens with accuracy by deploying and plotting technical analysis trend lines, viewing across several detailed timeframes, and scouting long positions.
  • Moreover, this broker also offers various layout switch features that permit the user to change the exchange background color when they are trading in the night or in the day and vice versa. Besides, when the trader is trading Bitcoin with leverage or any other leading cryptocurrencies available for margin trading options, it can be accomplished easily by using the interface’s margin tools.
  • Besides, BitYard offers leveraged cryptocurrency trading 24×7, which offers a significant advantage of zero-based spread fees and constant liquidity. If a trader is looking for Bitcoin contract trading, then they can utilize the advantages of leveraged trading products offered by this platform.

Trading Interface

  • The trading interface offered by the BitYard platform comes with fully packed features and functionalities and a good user interface. As we have already pointed out, BitYard = Simple, it makes sure that the platform is not too intimidating for the new users. Besides, it offers support for several technical indicator patterns and charting tools.
  • When you are looking for a best crypto exchange, one of the factors is the platform’s trading fees. It is very important to check out the fees and familiarize them with the exchange to execute the trade and make profits.
  • This broker charges the traders very low fees even for those transactions that are the smallest, such as 5 USDT to as big as 20,000 USDT with a 0.05 percentage rate. It also offers leverage of 5x to 100x.
  • One of the most Advantageous features of BitYard is it offers a maximum withdrawal limit of 100K USDT, which is the same as BitMEX.

BitYard Fees

BitYard provides one-time transaction fees from 0.075% to 0.05% when a trade position is opened. Also, the reward will be deducted by another 10% if their specific conditions are met. If the traders are used to the normal cryptocurrency exchanges where they charge maker and taker fees, these are not charged by the platform because there is no need for an order book, and provides its trader’s the much-needed liquidity.

When you are proceeding with margin and leveraged trading, you can obtain a loan from the exchange. Also, the traders need to pay an overnight fee. This broker does not charge any deposit fees, but you need to pay 2 USDT for withdrawals. To know the full fee structure of BitYard you can refer to this link.

BitYard Deposit & Withdrawal Methods

Deposits

BitYard supports the deposit and withdrawal of funds in cryptocurrencies. BitYard supports the following cryptocurrencies for deposits:-

  • Bitcoin (BTC)
  • EOS (EOS)
  • Ethereum (ETH)
  • Huobi (HT)
  • Ripple (XRP)
  • Tether (USDT)
  • Tron (TRX)

BitYard traders in Indonesia, Vietnam, and mainland China support the deposit by using fiat currency. For those traders who are located outside of the above-mentioned geography, they need to purchase BitYard supported cryptocurrency to make a deposit. For those traders who already have BitYard supported currencies, they can also make a wallet to wallet transfer to transfer the cryptocurrencies. The trader needs to select the crypto wallet, which is listed on the wallets page, and they need to click the deposit option.

Withdrawals

For withdrawals, the investors and traders can withdraw USDT, and they can deposit their cryptocurrencies in Tether wallets. This broker does not support withdrawals of fiat currency for a developed market. For making a cryptocurrency withdrawal, the trader needs to locate the wallet from which they wish to withdraw the cryptocurrencies. The trader who is looking to withdraw anything other than USDT, they need to convert it before proceeding with the withdrawal.

BitYard Payment Methods

This broker offers an excellent trade platform to support trading in cryptocurrencies by using contracts. Some of the cryptocurrencies supported for trading are BTC, USDT, XRP, ETH, TRX, HB, EOS, and BYD. BitYard platform permits the users to trade and invest in several cryptocurrencies, which are supported by BitYard or OTC. Traders who already have cryptocurrencies supported by the platform can transfer these to their wallets provided by the platform.

BitYard Offerings and Commissions

BitYard offers several offerings to the traders and helps them to earn free crypto coins. Some of them include trading bonuses, beginner rewards, and promotional video contests. Commission from affiliates program offers the traders up to 60% of the trading commissions that are earned through the affiliate program. The traders can find the referral link on the website’s affiliate page.

BitYard Offerings and Commissions

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BitYard Wallets

This broker offers its users a compatible wallet for cryptocurrencies that are supported by the exchange security. Besides, the users can easily navigate on the website to my assets page, to view the available wallets.

Types of Orders by BitYard

The order form offered by the platform is very simple, and the traders can use the below-given order types for trading:-

  • A market order can be placed on the platform where the order is placed exactly as per the market rate. It can also be considered as the latest price that is traded on the platform.
  • A limit order can be placed not on the market rate but on the trader’s price, which will be executed when the price reaches the target. This can be above the sell order or below the buy order.

Benefits Offered by BitYard

Let us see few benefits offered by BitYard:-

  • This broker offers an advanced and easy to use crypto trading platform for its users
  • One of the major benefits offered by this broker is it offers an affiliate program where 60% of the commission on the BitYard fees are offered through this program
  • It also provides traders with interactive technical charts to support the trading and to enhance their portfolio. The interactive charts are available on the website trade page.
  • This broker offers a customizable layout for its traders and investors. Also, they can customize the charts to meet their trading requirements.
  • BitYard offers a dedicated help center, which allows the traders to learn the trade and to navigate the platform. In the FAQ section, there is a beginner’s guide, information, announcements, and various terms section. Additionally, there is also a video section offering traders with useful guides to trade efficiently.
  • One of the major benefits of this platform is that it offers a leverage of 5x to 100x for the traders looking to make more profits.
  • BitYard trading platform offers a mobile app for trading. This app is available on Google play store and APP store to be downloaded for those traders who want to trade on the go.
  • The platform offered by BitYard is very simple, and it can be used by new traders who do not have any experience in trading cryptocurrency.
  • This platform offers risk management capabilities to counteract market risks, which includes stop loss and take profit options.

BitYard Affiliate Program

BitYard provides several ways for the trader to profit by trading on the BitYard platform. Using an affiliate system, the user can become a business partner on the exchange and can earn up to 60% of commissions on the BitYard’s trading fees generated by the people they have referred to the platform. Furthermore, the affiliate system is very easy to use and transparent. The traders can make a profit by referring their friends to the platform.

BitYard Affiliate Program

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One of the ways to make money on the trade platform is by receiving BYD, which is the native token issued by the BitYard platform, which plays a very important role in its system. BitYard has plans to list this BYD token in several exchanges shortly. This token has growth potential similar to the BNB token of Binance. BitYard gets its pricing data from the three major spot trading exchanges, such as Binance, Huobi, and OKEx, to accurately enhance the market price. When compared to other platforms, this platform does not impose its spread to its traders.

BitYard KOL (Key Opinion Leader) Program

To compete with bigger exchanges in the cryptocurrency sector, BitYard offers a dedicated KOL (Key Opinion Leader) support program which is backed by a rewarding incentives framework. This broker offers 40% commission to their KOL partners, which implies that KOLs receive a daily salary that is proportional to the number of users introduced by BitYard. Further, these invitation rewards can go up to 100 BYD per month.

KOLs can also earn 3 months of invitation bonus, and those who are qualified KOL by achieving standard trading volume in 3 months are rewarded with an additional bonus. KOLs who recommend other KOL prospects to this platform are also rewarded with another profitable bonus. Also, a daily payment is offered to those who have higher trading volumes from their reference, which can stretch up to 15 USDT daily.

Additionally, KOL offers 5 support plans:-

  • Minimum 40% rebate
  • Daily salary for KOL
  • Every active user bonus in first 3 months
  • Bonus for upgrading to a qualified KOL
  • Bonus for a recommendation of KOL

Bityard Review: Security Measures

BitYard uses SSL technology and offers a high-level security environment for protecting investor assets and the trading platform. For security reasons, BitYard requires its traders to have a pin set for making any withdrawal from the BitYard trading platform. Further, the trader needs to enter the pin every time to make a withdrawal.

Another most important feature is SMS authentication. The user needs to set an SMS authentication. They must enter the verification code if they want to make a withdrawal, reset passwords, or if they want to make any changes to their BitYard account security settings. To set an email verification, the trader needs to enter the verification code, if they want to make withdrawals, to reset the passwords, or to make any changes for their account security settings. The users can review login records, and these enhance the security settings and report for any unauthorized hacking and logins.

BitYard Mobile App

In case if you are not available on the desk and you want to trade on the go, then the mobile app can be used for this purpose. The app offered by the BitYard platform has the same features as that of the desktop platform, and it offers great functionality, just like technical charts. The trader can monitor their positions, and it also offers one-touch order features for its traders. The app of BitYard is available on both Android and IOS, and they can be downloaded from Google play store and iTunes store.

BitYard Mobile App

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BitYard Customer Support

  • BitYard offers dedicated customer support where the trader can contact them when they have issues or problems.
  • The traders can reach out to the BitYard team through email, telegram, and online support.
  • By using the online support link, the traders can chat with the robot, or they can request to chat with the representative by simply clicking the support icon on the BitYard trading platform directly.
  • By offering dedicated customer support, BitYard offers its customers 24×7 online support, where the traders can contact them if they have any problems.

BitYard Customer Support

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Wrap Up – Is BitYard Legit, Safe and Secure?

As per our BitYard review and research, we can say that BitYard is considered as a safe and secure platform that can be used for cryptocurrency contract trading, which can be used by new traders. This platform is easy to navigate, which permits traders to trade on cryptocurrencies without using complicated features and functionalities. Any new trader who uses this exchange security can find the platform as one of the best contract trade platforms in the available market, and they can trade much easier by using leverage. Further, it offers several cryptocurrency pairs for its traders.

FAQs

Is There Any BitYard Mobile App?

BitYard offers a mobile app for its traders who want to trade on the go. The mobile app offers various functionalities, and it also offers technical charts to monitor the trading positions and one-touch order features. The app is available on Google play store and App store so that the traders can download it and enhance their trading exchange experience.

Is BitYard Secure and Trustworthy?

BitYard is a safe and secure online trading platform, and it is regulated by authorities and possesses four licenses. Furthermore, this trading exchange platform is licensed and regulated by the AUSTRAC of Australia, the ACRA of Singapore, the MTR of Estonia, and the MSB of the United States by the Financial Crimes Enforcement Network.

Who Is the BitYard Ambassador?

Several leading crypto exchanges do not have a brand ambassador to promote its trade platform and services, unlike BitYard, which helps to promote its platform. This platform has secured a partnership with one of the leading Thai boxing champions, Buakaw Banchamek, who is one of the finest athletes in Thailand.

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Cryptocurrency Exchange

PrimeXBT Review 2021 – All You Need to Know

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Experience the Best With PrimeXBT Trading Platform

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Features of PrimeXBT Review

Here are a few unique features of Prime XBT:-

  • According to PrimeXBT review, Prime XBT allows its users to use bitcoin only accounts, and they can deposit using Bitcoin, Tether, Ethereum, USD Coin, etc.; however, all the trades executed on the platform are carried out only in Bitcoin.
  • Prime XBT trading services offer privacy to their cryptocurrency traders, implying that the user need not undergo any mandatory KYC process before they start trading. Even though it is self-regulated, it has partnered with numerous anti-money laundering authorities around the world.
  • As per the PrimeXBT review, it offers a well-designed and innovative platform where the widgets can be customized. It provides over 12 integrated liquidity providers capable of executing over 12,000 orders a second and enables the average market orders to be executed immediately.
  • PrimeXBT module combines with other crypto social trading platforms that allow the traders to track their trade; they can automatically copy the trades of other successful traders and use them for their benefit.

Why PrimeXBT

Pros and Cons of PrimeXBT

Pros Cons The sign-up process is quick, and the user need not submit to KYC procedures. PrimeXBT does not offer demo accounts to its customers. PrimeXBT trading offers lower fees, maximum leverage, competitive trading conditions, and competitive service fees. Clients in the US, Canada do not come under the supported countries list of Prime XBT. Trades can be executed super-fast as the platform uses the latest technology and liquidity resources. This exchange compared to other crypto exchanges is self-regulated and does not offer fiat currency deposits and withdrawals. It offers margin trading in traditional assets and cryptocurrencies. PrimeXBT provides only CFD trading and not spot trading. Offers 100x leverage of up to 1:100. PrimeXBT facilitates an excellent trading platform that both new and experienced traders can use. Prime XBT minimum deposit is 0.001 BTC.

Account Opening Process

PrimeXBT Review – Account Opening Process

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Below are the Steps to Open an Account with PrimeXBT:-

To open an account with PrimeXBT is an effortless process, the trader should go to the website and click the Register button. The registration process takes less than a minute because no personal details or verification is required.

The user needs to fill in their details like full name, email, and strong password. Next, they need to click and accept the terms of the service and click submit.

A verification email is sent to the trader’s email ID; after clicking that link, they are automatically logged in to the account. Further, there are no KYC processes, forms, verifications that Prime XBT requires.

The next step is to deposit the funds into their PrimeXBT account. The user can also make credit card deposits to start trading.

Prime XBT allows you to secure your account using a solid email plus password combination along with Google Authenticator-based 2FA.

PrimeXBT Fees

PrimeXBT Review – PrimeXBT Fees

The principal fees at PrimeXBT are Trade fees and Overnight Financing. PrimeXBT charges trade fees/commissions on the trades executed. PrimeXBT also charges overnight finance fees for holding a position open overnight, but this varies from trading pair to pair.

Concerning PrimeXBT fees, this platform offers lower prices, and it does not charge deposit fees, but the withdrawal fee will cost 0.0005 BTC, which is a standard fee to cover the Bitcoin transaction cost.

A trading fee is charged when a trader opens or closes a position every time. Below is the list of fees charged by the platform –

  • For cryptocurrency trades, 0.05% is charged
  • For Indices and commodities, 0.01% is charged
  • For Forex, 0.001% is charged

Deposit and Withdrawal Methods

According to the PrimeXBT review, the platform accepts only Bitcoin as payment currency, making it crypto to crypto brokerage or crypto exchange. Moreover, this will affect the process and how the users source their capital.

This exchange transacts only with cryptocurrencies. It has a widget in its deposit section where the user can buy Bitcoin through a credit or debit card. If the user already has bitcoins, it is simple to deposit them into their account via the bitcoin deposit address.

Withdrawing the funds is a simple and straightforward process. The user needs to input the quantity and a personal bitcoin address to proceed with the process. This platform provides address whitelisting, which implies the addresses are already preset and can be used for withdrawals. 0.0005 BTC is the fee charged for withdrawals.

Products Offered by PrimeXBT

PrimeXBT Review – Products Offered by PrimeXBT

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This platform supports cryptocurrencies like Bitcoin, Litecoin, Ethereum, Ripple, EOS, and other supported cryptocurrencies to trade on the forum.

PrimeXBT provides some of the most popular indices like SP 500, FTSE 100, ASX 200, DAX30, and more.

The users can trade in the Forex market using minor or significant forex pairs. Further, they will be charged a commission or trading fees when they execute trades.

In commodities, the users can trade gold, natural gas, crude oil, etc.

PrimeXBT Platform

PrimeXBT Reviews – PrimeXBT Trading Platform

PrimeXBT is a good trading platform designed for both new and advanced traders and provides a hassle-free experience. Even though it has several advanced trading features, it offers a browser-based platform that does not require installation or downloads. It comes fully equipped with more trading chart types and analysis tools, 50 technical indicators, etc. The platform’s interface can be fully customized and provides various execution methods, trading histories, and visualization tools.

Turbo Platform

PrimeXBT Reviews – Turbo Platform

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PrimeXBT offers a Turbo trading platform where beginners can easily understand it. It permits the users to take the position of an asset for a defined gain; this implies that if the trader’s prevailing market price prediction is correct after a certain amount of time, they get a fixed payout.

The users have three choices regarding the duration of the trades, like 30 seconds, 1 minute, and 5 minutes. Presently, this platform supports trading pairs like BTC/USD, GBP/USD, ETH/USD, EUR/USD, EUR/JPY, USD/JPY, etc.

Covesting Module

Covesting Module by PrimeXBT

PrimeXBT offers a Covesting module available for all the users on their platform. It allows the traders to copy and execute the winning trade strategies of other professional traders.

The first crypto exchange offers this unique feature and offers a transparent trading environment to its users. It also permits the traders to set and manage their trading strategies to execute profitable trades from current market movements, which provides new and advanced traders an opportunity to boost their profit potential.

PrimeXBT Affiliate Program

Affiliate Program by PrimeXBT

PrimeXBT affiliate is a unique program that offers generous rewards to its customers. It provides marketing tools and affiliate links to become a partner. Through referrals, the affiliate partner gets a small percentage as commission.

For example, if a trader brings in a new customer through the affiliate program and executes a trade worth $1000 in BTC, PrimeXBT trading fees are $50 or 0.05%, and the affiliate partner gets 20% which is $10 as a reward.

PrimeXBT Mobile App

Explore the PrimeXBT Mobile App Services

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PrimeXBT offers a mobile app where the users can install the app from the Google play store. During our Prime XBT review, the platform offers two-factor authentication. This means that you will have to authorize the login on your phone via the google authenticator. It is not mandatory for you to enable 2FA on your phone although it is highly encouraged. You can do this quite easily through your account management options in your “security settings”.

PrimeXBT will present you with a QR code and a backup key. This has received several good reviews, and several thousands of users have downloaded them. The user then opens a new account through this mobile app, and they can trade more than 30 assets across Forex, cryptocurrencies, commodities, Indices, etc.

The mobile app’s user interface is intuitive, and it is easy for the user to navigate and access complex charting tools. Users can have control over their accounts, can deposit and withdraw funds on the same trading day.

Security Parameters

  • Prime XBT exchange has an extensive and powerful cybersecurity network to ensure that strict practices and measures are in place for their customers to protect their assets against any threats. It also conducts periodical tests and also audits and provides a platform that strict security standards have complied with the platform.
  • PrimeXBT trading platform has been designed to meet the highest industry standards. These systems are uniquely coded to increase order execution, speed and to minimize latency. It automatically monitors all the risks associated with an order size, buying power factor, maximum position size, profit or loss, and executes complete risk management when the order is placed.
  • This platform offers wallet security where the customer’s digital assets are stored in their offline cold storage. Further, only a portion of their digital assets is held in their hot wallet or online trading wallet.

Security Features by PrimeXBT

  • This platform uses multi-signature, also known as “Multisig” to prevent unauthorized access and provide tolerance and attacks for losing access to their key by removing single points of failure. The fund transfer from the storage to their wallets is manually handled, and it requires collaborative work.
  • The process used by Prime XBT is a dual-factor authentication that requires an in-depth verification process. This offers a higher level of protection than using single-factor methods, where it only requires a password.
  • PrimeXBT offers their customers an additional level of protection called withdrawal address whitelisting. This acts as an extra layer of secureness by allowing their clients to whitelist a specific withdrawal address. This can help you prevent transfers to unauthorized wallets, which is handy if anyone gets unauthorized access to your trading account management page.
  • The website of PrimeXBT is protected through SSL (secure socket layer) technology and encrypts the data transmitted through the internet. By doing this, the hackers would not be able to steal highly protected personal information.

Customer Support

PrimeXBT Customer Support Services

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Prime XBT offers 24×7 operations with a team of highly knowledgeable, and they assist the customers anytime. It offers its support through two types of support channels –

  • Users can email the support team to [email protected] or [email protected] They can send their queries to the customer support team to receive a reply within a few hours.
  • PrimeXBT also offers instant web chat, available on the website to get an instant reply through chat assistance. Within a few seconds, the users can get a response to their queries.

Our Verdict

To sum up, PrimeXBT is one of the most popular and secured bitcoin-based exchanges that offer their users leveraged trading and the required tools to trade in the trading crypto market. And, hence it comes under the list of top crypto exchange. It is also a self-regulated platform, and it provides its users with high-security systems and privacy.

It provides margin trading, and the fees charged by the platform are lower. Compared with other media, Prime XBT is serving thousands of users every day; additionally, Turbo and Covesting features help the new traders understand margin trade and leveraged trading, and they can also learn trading from other traders. Prime XBT is the best platform if the user wants to trade cryptocurrencies with lower fees.

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FAQs

Is PrimeXBT Legit?

Prime XBT is considered one of the market makers and legitimate companies, and it has been registered in Seychelles under Prime Technology Limited, Seychelles company, number 217308. Since its inception, this global exchange has gained more popularity and has thousands of users spread over 150 countries worldwide.

Is PrimeXBT Safe?

Prime XBT is a safe cryptocurrency exchange platform where users can trade different types of markets. It offers a maximum of 100x leverage for its customers. It does not have any report regarding breaches and provides its users the best security parameters, procedures, and protocols, thereby ensuring the safety of their clients. It stores its client’s funds in cold storage wallets and ensures that the user follows Two Factor Authentication.

Is PrimeXBT Regulated?

Any authorities do not regulate PrimeXBT; it is a self-regulated exchange.

How Do I Withdraw From PrimeXBT?

For withdrawing, the user should go to the Prime XBT website and log in to their account. They need to click the withdraw option. First, they need to transfer their money from their trading account to their wallet, as withdrawals can be made. The next step would be to fill in the destination address and click the submit to withdraw option. You can make withdrawals only to a whitelisted wallet address.

Is PrimeXBT Covesting Legit?

Yes, convesting in PrimeXBT is legit.

Is PrimeXBT Allowed in the US?

No, PrimeXBT does not allow US resident users.

How Do I Get PrimeXBT Bonus?

Here at PrimeXBT, you need to add at least 0.01 BTC of the initial deposit to activate your 50% welcome bonus.

Is PrimeXBT Free?

The Platform does not charge any deposit fee but do charge transaction cost while withdrawing.

Constitute Investment Advice Disclaimer – Trading in forex is a complex instrument with a high risk of losing money rapidly due to leverage, and the products are not suitable for all investors. Independent financial advice should be taken before proceeding.

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Cryptocurrency Exchange

Bitfinex Review 2021

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Introduction

Cryptocurrency trading and investments are on a high since the time cryptocurrencies have entered the finance sector. There are hundreds of cryptocurrency exchanges operating all over the world, out of which most exchanges are regulated, and a few are not. Bitfinex is not a regulated cryptocurrency exchange, but it is one of the most reliable exchanges, which focuses on the trader’s safety more than making profits. In this Bitfinex review, a summary of all important points is covered to help traders choose the right cryptocurrency exchange according to their conveniences.

What is Bitfinex?

Bitfinex is one of the oldest cryptocurrency exchanges in the world, founded in 2012. The Bitfinex headquarters is based in Hong Kong and managed by iFinex Inc. It is one of the most liquid exchanges in the world that deals in digital tokens (BTC/USD pairs) along with seven other major Altcoins like Ethereum and Monero.

The journey of Bitfinex as a trading platform has not been impeccably smooth in its early days, as soon after it came into existence, the exchange experienced two hacks and several other controversies for price manipulation and security breaches along with allegations of insolvency. But with its unique features and safety measures, it has managed to become one of the largest cryptocurrency exchanges in the world in terms of high volume.

Bitfinex Review - Website InterfaceBitfinex Review – Website Interface

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The Bitfinex exchange offers margin-trading, and their in-house indicators for both Bitcoin long and shorts provide essential trading signals to other leading crypto players in the market. Besides, the exchange also supports fiat trading, deposits, and withdrawals.

However, it might take a lot of time for a new user to complete the verification process, which is due to the backlog of applicants the exchange has. This yet again favors the exchange that despite a long verification process and turbulent records, traders are keen to use the platform for crypto investments and trading.

Features

Bitfinex offers the following unique features to its users.

Features of Bitfinex ExchangeFeatures of Bitfinex Exchange

Easy Signup process

The Signup process at Bitfinex is very easy though it may be a little lengthy. It does not require much verification unless trade is made with fiat currencies. Also, the website has a mobile-friendly interface and is fast. There is also a compatible mobile app for Android and iOs users to navigate through.

Safety

Bitfinex security and safety are the major concerns for Bitfinex, not because the platform experienced consecutive hacks soon after its inception but because the customer’s safety is prioritized. In order to keep client funds safe, Bitfinex stores 99.5% of its user funds in a cold storage system that is also geographically spread out and uses a multisig feature.

Traders are required to go through a 2-level authentication process in their login credentials and withdrawals. The first level of security is the 2FA (Two-factor authentication) layer, and the second level of security is the U2F (Universal 2nd Factor) that uses a physical security key. Apart from this, there is DDoS protection installed for securing the servers and IP addresses whitelist.

Advance order types

Bitfinex exchange account supports a suite of advanced order types with top-tier liquidity, which allows users to easily exchange Bitcoin, Ethereum, Litecoin, Ripple, EOS, NEO, and various other digital currencies with minimal slippage. For repeatedly entering multiple orders, an algorithmic order type called the ‘Scaled Order’ tool is designed to enable users to focus more on the trading strategies rather than wasting time entering orders manually.

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Advanced Chart

Bitfinex supports an advanced charting tool that allows traders to effectively visualize orders, price alerts, and trade positions. It helps them to simply tap and modify order properties.

Professional connectivity

The Bitfinex trading platform partners with professional traders and corporate accounts, which provides a fast and convenient trading experience to the users.

Pros and Cons

Pros Cons Suitable for experienced traders Does not support US clients Supports over 100 crypto coins High trading fees Ethical- paid back all the losses to traders who suffered the 2016 crypto hack on the exchange. Not a regulated exchange High Liquidity Customer support team can only be contacted via email Allows bank wire deposits and withdrawals. Does not allow any debit/ credit card or e-wallet deposits.

Account Opening Process

The account opening process in Bitfinex is quite simple, but it may take a little longer due to its customer base who are trying to open an account in Bitfinex, and therefore the waiting time to process may take a bit longer. Here is a step-by-step guide on how to sign up and start trading at Bitfinex:

Create Account

To create an account on the Bitfinex platform, users need to first log in to the homepage of Bitfinex and click on the “signup” button. Here the users need to fill in their email address and password that should be an alphanumeric one to provide for maximum security. A confirmation mail will be sent as per the login data at the provided email address, which the users need to confirm to activate their account.

Bitfinex Review- Signup processBitfinex Review- Signup process

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Verification

After users sign up, they will be directed to the verification page where they need to click on the “Verification” button and follow the on-screen instructions. They will then need to enter some personal details and subsequently upload a scanned copy of some government-issued IDs.

Users can directly begin trading on Bitfinex without confirming their personal details, but in case they intend to exchange fiat monetary forms for Bitcoin or any other stablecoins, verification is mandatory. Depending on whether the user holds an individual or corporate account, the exchange may ask for additional documents like a bank statement or a signed statement affirming the legitimacy of documents provided by the user besides personal details, ID verification, and proof of residence. Verification time can take a maximum of two weeks, depending on the interest.

Deposit Funds

After verification and activation of accounts, traders can deposit funds in their accounts. There is a ‘DEPOSIT’ button on the top right-hand corner of the screen, clicking on which opens up options of the traders from where they can choose which currency they want to deposit – EUR, USD, GBP, or YEN, etc. The processing may take up to ten days before the account is ready for trading.

Start Trading

This is the last, and the final step after the traders can begin day trading at Bitfinex. They need to click on the ‘TRADING’ button at the top right side of the screen, which will take them to the main trading area. They will then be asked to select the trading pair that they want to trade. Finally, they will need to enter the amount and decide whether they want to do a ‘limit order’ or a ‘market order’ before placing trades.

Payment Methods

Bitfinex allows the following deposit and withdrawal methods:

Deposit

Bitfinex accepts deposits in the form of both fiat currencies (EUR, JPY, GBP, and USD) and cryptocurrencies. However, fiat deposits can be made via wire transfers only. Bitfinex also supports USDT- Tether cryptocurrency, the quasi-fiat token that is unofficially pegged to the USD price. Free deposits are also available for Bitcoin, Litecoin, Zcash, Monero, Ethereum, Dash, Ripple, EOS, and over 80 other assets. Deposits via debit/credit cards or e-wallet transfers are not allowed at Bitfinex.

Withdrawals

For withdrawals, Bitfinex has specified a minimum wait time of 12 hours, but it generally does not take more than 2 hours if everything is legit. For expedited cryptocurrency withdrawals, Bitfinex requires transaction verification for USDT usage.

Fees

The following are the Bitfinex fees charged from the traders:

Bitfinex deposit fees

For deposits made via bank transfers into the Bitfinex account, the customers are charged a fixed fee of 0.1%. For deposits made via cryptocurrencies, a nominal fee is charged, depending on the specific coin with which the trader wishes to fund his account on the platform.

Bitfinex withdrawal fees

For withdrawal, a fixed rate of 0.1% is charged from the traders if they want to cash out via bank transfers. However, if the customers are looking for fast withdrawals (say within 24 hours), they will need to pay a fee that may exceed up to 1%.

A withdrawal fee amounting to 0.0004 BTC is charged from traders for withdrawing BTC from the exchange. As of November 2018, Bitfinex announced to increase its withdrawal charges to 3% on all withdrawals via fiat currencies if the user withdrew more than twice during the last 30 days or withdrew more than 1 million USD in the last 30 days.

Bitfinex trading fees

Bitfinex operates on a taker-maker fee structure where traders who fulfill existing orders are called ‘market takers,’ while traders placing new limit orders are called ‘market makers.’ For takers, the fees start at as high as 0.2%. This is considerably higher as compared to the trading fees charged by other exchanges like Coinbase. However, the fees drop to as low as 0% for makers that compensate for the loss, and also, there are no trading fees charged for large orders that are conducted through the OTC desk.

Bitfinex also offers discounted maker fees of 0.10% for promoting liquidity at the exchange. Then there are also rewards given out to frequent crypto traders in the form of fee discounts. But to avail of the discounts, traders have to trade for an aggregate value of more than 0.5 million for 30 days.

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Services Provided

Following are some of the Bitfinex services listed that the exchange offers to its clients:

Lending and Staking

The lending and staking services offered by Bitfinex allow users to lend or stake their cryptocurrency holdings easily. For this, traders are not required to have the technical knowledge to operate a staking software; it is done automatically at Bitfinex. It has a separate P2P platform called the ‘Bitfinex Borrow’ that allows users to borrow funds from their fellow users using the crypto assets as collaterals.

There are no limitations as to how the borrowers use the funds they have borrowed via Bitfinex Borrow; the loan duration and the interest rates can be customized based on the borrower’s needs. However, the amount that can be borrowed is subject to the amount available in the trader’s account with an overall limit of $250,000 and the type of collateral used. There are specific requirements that need to be fulfilled in order to be eligible for the loan, but there is no need for a credit check, unlike in traditional banks. Therefore, the lending service provided by Bitfinex is very popular among traders.

Margin Trading and Margin Funding

Bitfinex offers margin trading and margin lending; it allows its users to trade with up to 10x leverage by taking advantage of funding from the P2P margin funding market. Users can automatically enter a funding order themselves to borrow their desired amount at their convenient rate and duration.

Bitfinex also offers margin funding along with margin trading. Margin funding provides a secure way to traders to earn interest on fiat currencies as well as digital assets. Margin funding provides funds to traders who want to trade with leverage. The rate and duration of the funding can be customized by the users themselves. The ‘Auto-Renew’ feature automatically renews offers upon their expiry.

Derivatives trading

Bitfinex allows derivatives trading that allows traders to speculate on the price of an asset or derivative without the need to buy or sell it. Traders who intend to execute a trade only need to collateralize their derivatives account with their USDT holdings.

Over-the-counter services

An over-the-counter trading service is available for traders who wish to trade major amounts (say over $100,000) of cryptocurrency privately.

Bitfinex- Affiliate ProgramBitfinex- Affiliate Program

Customer Support

The customer support team is available on a 24/7 basis but only via email, which is a serious drawback for the traders trading on the Bitfinex platform. However, as email is the only point of contact of the exchange with its clients, it makes sure that traders get their issues solved within a maximum of 12 hours from the time they have raised the queries.

There is a separate Telegram channel where the admin team answers general compliance-related questions. However, any account-specific queries require to be raised through the official support ticket system within the exchange to avoid any security issues. Bitfinex does not entertain private messages, and therefore traders should not share their passwords with anyone asking for it.

Our Verdict

Thus, Bitfinex is one of the most trusted cryptocurrency exchanges in the world, with a comprehensive list of supported coins that allows traders to buy or sell their preferred cryptocurrencies. It is mainly the platform for advanced traders proficient in using top-grade charting tools with significantly high liquidity volumes. For newbies, Bitfinex may not be the right place to start with.

FAQs

Is Bitfinex safe?

Yes, Bitfinex is a safe and popular exchange to invest and trade. The exchange uses several security measures for allowing Bitfinex users to trade in a safe and reliable environment. For example, almost 95% of the clients’ funds are kept in cold storage to ensure security. All the data, both old and new, are kept in a secure server, and an expert onsite security team is entrusted with the responsibility to look after the server’s security, which is yet again protected by DDoS protection.

Is Bitfinex regulated?

No, the Bitfinex exchange is not regulated but is one of the top exchanges in the world. The company operates in Hong Kong and is registered in the British Virgin Islands.

Can you withdraw from Bitfinex?

Yes, traders have the option to withdraw USD from Bitfinex at their discretion.

How long does a withdrawal take at Bitfinex?

It may take a maximum of 12 hours to process a withdrawal at Bitfinex; however, it does not normally take more than 2 hours in general.

Which countries can use Bitfinex?

Most of the supported countries in the world can avail themselves of Bitfinex exchange services except the following countries like Bolivia, Bangladesh, Ecuador, and Kyrgyzstan. As of November 2017, the Bitfinex exchange has also stopped serving clients in the US due to the stringent regulatory policies in the US.

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Cryptocurrency Exchange

Swapzone Review 2021

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The exponential rise in the number of cryptocurrency exchanges in the market often results in a foggy environment. Choosing the exchange with the best set of features for any given transaction might challenge the users. And various platforms have been devised to simplify this task through aggregation and filtered sorting.

Swapzone is an example of such a platform. Swapzone traverses across the cryptocurrency and blockchain marketplace intending to collect all the data and other key variables such as exchange rates, the time required for transactions, exchange pairs, etc. This data is then presented to the users or individuals who can then choose the exchange which gives them the best results and desired output. This Swapzone review will cover everything about it, like its features, security, services, fees, pros and cons, and many more.

Quick Overview of Swapzone

  • Swapzone is a platform that aggregates the exchange information from various cryptocurrency exchanges and also recommends the better performing exchanges to the individuals based on distinct factors.
  • The exchange aggregator gathers information regarding the exchange rate, the trading price for various crypto trade pairs, and average customer reviews or ratings.
  • The exchanges shown through the Swapzone can be sorted based on the exchange rate, delivery time, or overall rating of the platform.
  • Swapzone is non-custodial and constantly monitors the market for fluctuations and other dynamic aspects for aggregating & suggesting exchanges.
  • The exchange aggregator also highlights the money that can be saved through some exchanges over others which can be a valuable feature for beginners.
  • Swapzone supports over 300 crypto assets and multiple dozens of currencies to provide the content for.

What Is Swapzone?

Swapzone is an independent and non-custodial crypto exchange aggregator that scans the network of all the registered crypto exchanges worldwide and presents a list of all the platforms that support the selected trading pairs. Individuals are provided with a detailed list of all the exchangers and the rates (& trading fees) they charge from the users for respective transactions.

Swapzone is a powerful tool that can help users make an informed decision and make the most out of their crypto conversions and trading. The list of exchange partners shown on the platform also has a feature that enables the individuals to review any exchange on Swapzone’s platform itself, saving a few steps for other individuals (and eliminating the need for checking their corresponding reviews on different websites or portals).

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How Does Swapzone Work?

Swapzone uses the open APIs (application programming interface) provided by the exchanges to generate the users’ data. The platform sends in a request to the respective exchanges for the transaction entered by the individuals and fetches information for the same. Open APIs are becoming relatively common practice for numerous exchangers as they can expand any exchange’s reach beyond its platform. These APIs can also bring in new users when properly used, as is the case with Swapzone.

When calculating the average delivery time or the time for a transaction to complete, Swapzone uses a specific formula that takes assets, their confirmations, and few other variables into account for producing a time approximation.

Swapzone Review - How Swapzone Works?Swapzone Review – How Swapzone Works?

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Why Use Swapzone?

Swapzone has been gaining popularity due to the list of features that it offers and the ease of access that it provides for the individuals by collecting all the data from various exchanges and presenting them in a manner where the users can experience a seamless way to choose the crypto exchange that would best suit their needs. Cryptocurrency pairs can be effortlessly compared before swapping or trading by the investors without the problem of going to dozens of websites and portals to get a profitable trading option. Another reason to go with Swapzone would be the price standpoint. Swapzone is a free platform and does not require individuals to create and log in to their accounts.

What Makes Swapzone Unique?

Swapzone has streamlined the process of trading cryptocurrency for investors of all kinds. In addition to being an aggregator, the company has offered options for trading over 300 assets (altcoins and tokens).

Swapzone is also a highly scalable tool as its APIs can be integrated by other users on their own media portals such as websites. It does not charge a fee from the individuals for sharing the data, which is one of the reasons the visitors of the website can find the best solution for them without any commitment to the company or its products.

Is Swapzone Regulated?

As Swapzone is a non-custodial aggregator, the regulations that come into question are primarily the ones that are applicable on the cryptocurrency exchanges. The regulations are also a result of the nations and geographic locations where the exchanges operate. For instance, the US is much more welcoming towards various platforms because they follow the local regulations, whereas other countries such as the Indian subcontinent have illegalized the domain entirely.

Features of Swapzone

  • Swapzone has about nine exchange partners whose content is used to serve the customers. It also has a review page on the renowned rating portal, Trustpilot, which implies the one that also gets reviewed.
  • Swapzone allows the individuals to sort the information based on three factors (for some added customization in terms of sorting the information).
  • Its characteristic non-custodial operation means that the assets are not stored on Swapzone, making it less prone to hackers or cyber perpetrators.
  • Swapzone enables individuals to use its API and integrate it into other platforms as per the users’ wishes.

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Services Offered by Swapzone

Swapzone offers various services to individuals through its website, and all of those services are complementary to use for any individual without having to create an account with the platform. These services include a thorough comparison of rates for countless trading pairs, a detailed and rigorous estimation for trading coins and tokens across the marketplace. It can also be used to swap assets. The swap service, along with other offerings from the platform in a single interface, is one of the things that makes it such a valuable and advantageous tool.

Swapzone Review: Pros and Cons

Pros Cons Swapzone is a powerful digital tool for the comparison of blockchain-based assets and their respective trading prices. Some of the crypto exchanges are not supported, which might be a limiting factor. Swapzone is free to use and does not require individuals to pay for any membership etc. The future of the platform is uncertain without the growth and compatibility update from the team. Swapzone brings over 300 assets to its list of trading comparison catalogs. There seems to be a lack of an affiliate program, although it might not be a big deal in this case. The platform uses transparent and somewhat reliable formulae to generate its various metrics for crypto exchanges.

Creating an Account With Swapzone

It is a platform where the individual does not require to create an account or sign up on the platform. Anyone can access wikibinhduong.com without setting up an account and going through the tedious process that most other platforms need for the users to go through.

Buy/Sell Cryptos with Swapzone

As the name suggests, Swapzone is a platform that focuses on swapping digital assets instead of buying or selling them in exchange for fiat currencies. The users can swap the currency they wish to exchange with any supported assets through the platform.

How to Exchange Cryptos on Swapzone?

To exchange cryptocurrencies or any crypto asset on Swapzone, the users can follow a straightforward approach. Interested individuals can go to Swapzone’s website (Swapzone.io) and enter both the assets (including the one to be exchanged and the one to be exchanged with) along with the desired amount of asset that is being exchanged for the other.

The platform then generates a list of all the exchanges to achieve this transaction where the users can go through the array of features and specifications of each of these exchanges and choose the one that would serve them the best. Post this, and the users will have to enter their wallet address for the crypto to receive and proceed to exchange.

Swapzone Review - Exchange Crypto with Best Rate at SwapzoneSwapzone Review – Exchange Crypto with Best Rate at Swapzone

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Swapzone Fees

The fees that are charged from the users to swap through the website are not fixed. It does not charge any fee from its users, although the exchanges used to swap charge their fee from the individuals. This fee can depend on many factors like the pairs in question, network conditions, demand/supply, etc.

Swapzone Deposit and Withdrawal Method

On the platform of Swapzone, there is no way for the users to deposit fiat currencies in exchange for crypto. The users must have cryptocurrencies beforehand if they wish to use the platform. Similarly, the withdrawal depends on the exchange rates that the users are dealing with in the first place. wikibinhduong.com does not store any assets and thus, does not charge any fee for the withdrawal, but the exchange rates might have their fee associated with withdrawals.

Swapzone Supported Cryptocurrencies & Countries

The cryptocurrencies that Swapzone supports form one of the biggest pools to choose from. With over 300 assets (300 altcoins while tokens being separate), Swapzone is a platform with one of the most diverse ranges to select from while crypto swapping.

While the website itself can be accessed from most nations with no criminalized or illegalized cryptocurrency, the supported exchanges might depend on the region. If the local region does not support some exchanges, they might not be visible to every user.

Swapzone Reviews - Supported CurrenciesSwapzone Reviews – Supported Currencies

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Swapzone Trading Platform

The trading platform that Swapzone has built is a highly interactive and intuitive one. The user interface is relatively easy to use, even for beginners. Primarily based on a dark theme look-n-feel, It offers an all-in-one platform for exchanging crypto assets. The platform is currently only available through the website and requires merely a computer and a browser to operate.

Swapzone Mobile App

Despite its popularity, Swapzone does not have a mobile application yet (at this blog). A mobile application might be under work behind the scenes, but the users would have to use the website to use the trading platform as it stands now.

Swapzone Security

Swapzone appears to be a secure platform for exchanging crypto, and this comes as a result of two primary features. First, the platform does not require users to sign up or log in. Thus, there are virtually no accounts or credentials that can be hacked or overtaken. Secondly, the platform does not store cryptocurrencies which means it is unlikely to get attacked by any illicit element.

Swapzone Customer Support

Swapzone has been observed to have excellent and reliable customer support. The support team can be reached through several different channels, including third-party sites such as wikibinhduong.com. The users’ issues have been timely replied to and resolved (wherever possible) by the brand and led by excellent experienced staff. The online presence implies a reliable platform that is backed by a dedicated and responsive team. And, also to solve any queries you can refer to the official sites’s FAQ section.

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Swapzone Review: Conclusion

Swapzone is the best crypto exchange that offers an unfathomably long list of altcoins and assets on the platform. Users who already have cryptocurrency can be a game-changer for swapping cryptocurrency and must be considered by everyone before swapping their assets.

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FAQs

Is Swapzone Legit?

Swapzone is a platform that does not store or mine crypto, but it simply provides an interface to exchange crypto through the respective cryptocurrency exchanges. It would be more apt to question the legitimacy of the exchange itself. Partnered with different renowned and reputed exchangers, Swapzone has become a reliable source of trading while taking all the market offerings into account.

How to Use Swapzone?

To use Swapzone, users can simply visit their website, select the asset they want their crypto swapped with and then enter the amount they wish to exchange. As the next step, individuals have to fill in their wallet address and confirm the transaction.

Why to Choose Swapzone?

Swapzone offers over 300 crypto assets for exchange/swapping while sharing the best exchange rates and time intervals for transactions. The individuals who want to make the most out of their exchange would undoubtedly find it a handy tool.

What Coins Does Swapzone Support?

Swapzone supports more than 300 altcoins, and the entire list can be found on their website.

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