Month: July 2020

Based on the explanation of the crypto-asset exchange company, the crypto asset (virtual currency) listed on the website of the Financial Services Agency and handled by the crypto asset exchange company has only been confirmed to meet the definition under the Fund Settlement Act.

The Financial Services Agency/Financial Bureau does not guarantee or recommend the value of these crypto assets (virtual currencies). Cryptographic assets (virtual currencies) do not necessarily have underlying assets. Please be aware of the following precautions when trading crypto assets (virtual currency)

What Is Cryptocurrency Exchange Review

Bitbank Crptocurrency is a new cryptocurrency exchange service offering their clients highly accurate and reliable market insights for the trading of Bitcoin and Litecoin. … Also, Bitbank is so much more than an exchange and market insights platform.

Bitbank is an exchange based in Japan that launched in 2016. It specializes in trading Bitcoin and other cryptos against the JPY (its local currency). Coin-to-coin trading is also an option. Transactions can be made within a minimum of 1 business day after application is completed.

BitBake is a generic task execution engine that allows shell and Python tasks to be run efficiently and in parallel while working within complex inter-task dependency constraints. In short, BitBake is a build engine that works through recipes written in a specific format in order to perform sets of tasks.

How To Sign Up & Start Trading

Bitbank Crptocurrency Exchange Hosting Details

• Datacenter: AWS EC2 (us-east-1)
• Server IP: 54.157.174.158
• Location: United States of America
• City: Ashburn
• Domain Who Is: Click Here
• Reverse DNS of the IP: ec2-54-157-174-158.compute-1.amazonaws.com

Enable 2-Factor Authentication (2FA)

When you log certain the primary time, a pop-up will show up and ask you to enable the 2FA, which can help in increasing your account security. If you’re new 2FA, you’ll got to download the Google Authenticator  app then scan the QR (or enter the key key) so as to urge a 1-minute changing code.

After completing these three steps, you’re through with fixing your account.

Bitbank Trading fees

Bitbank Cryptocurrency most important lesson to learn when it comes to picking the best cryptocurrency exchange site is that you must always check the fees. Bitbank’s trading fees for takers are 0.15%. This fee is slightly below the industry average. The industry average is arguably around 0.25%, although we currently see a large number of exchanges moving to even lower trading fees (0.10%-0.15%).

Bitbank Cryptocurrency exchange also offers a very large discount on the above trading fees for makers (i.e., providers of liquidity, the party in a trade that doesn’t take the offer that is already on the order book). Makers don’t pay any fees at all – they get paid. The maker fees here are thus -0.05%, meaning that makers are rewarded for providing liquidity to the trading platform. This is naturally a strong competitive edge for the investors who are not interested in picking up existing orders from the order book but rather prefers to “go fishing” with maker-orders.

Bitbank Withdrawal fees

Bitbank charges a withdrawal fee amounting to 0.0001 BTC when you withdraw BTC. This is far below the global industry average (0.000812 BTC per BTC-withdrawal). To conclude on the fees, Bitbank charges very competitive fees to the benefit of all its users.

Deposit Methods

They offer wire transfer as a deposit method, but credit cards are not a permitted deposit method. If you for any reason want to buy cryptos with your credit card, then this exchange is off boundaries for you. However, as the exchange accepts deposit of fiat currencies at all, it distinguishes itself from many exchanges that only allows deposits in cryptocurrencies.

Bitbank – Bitcoin & Ripple Wallet

You can buy and sell of Bitcoin, Ripple, Ethereum, Litecoin, Monacoin and Bitcoin Cash. Popular altcoin stock including XRP / ETH is enriched. Additional brands are being added at any time! Simple and high functionality. You can also trade without stress from smartphone!

You can deposit at any time! 24-hour real-time deposit including Saturdays and Sundays realized! Offline cold wallet adoption. Multi-sig hacking measures are perfect!

Download Bitbank 

No. 1 domestic trading volume

Domestic Nanba1 ※ If the bit bank with a trading volume, “easy to sell when you want to sell, easy to buy when you want to buy” a quick response possible to the day-to-day of intense price movements, is the perfect environment for encryption assets (virtual currency) traders ..

Licensed by JFSA

The strongest side of Bitbank exchange is that it holds a license from the Japanese Financial Services Agency (JFSA), as required by local law. this brings a lot of credibility to the exchange, as regulated entities are few in the crypto-world and most exchanges operate in the grey area.

No trading fees

By the time of writing this, Bitbank does not charge market makers, nor market takers, which is really attractive offer. Otherwise, its fees are low, amounting up to 0.15% per trade. By comparison, Quoine, a major Japanese crypto-exchange, charges 0.25% per trade.

Platform with advanced features

The web-based platform provided by Bitbank is mobile friendly and nicely designed. Besides, charting is provided by TradingView with more than 50 types of technical analysis indicators and more advanced features.

Launched in August 2018, Coinsbit is a centralized exchange based in Estonia. The team claims that the number of Coinsbit users is 2,000,000. Coinsbit supports cryptocurrency pairs, 6+ fiat gateways and OTC trading, as well as P2P-lending platform. Coinsbit offers cryptocurrency trading and allows users to earn cryptoassets via the Staking pool. Coinsbit exchange token CNB that was launched on 1 January 2020 to reduce trading fees for users. Coinsbit offers its platform both for listing and for conducting IEOs.

What Is Coinsbit Cryptocurrency

Coinsbit Cryptocurrency the largest cryptocurrency exchange means reliability. Your own confidence is the most important thing for us. It is thanks to this confidence of the traders there entered the top largest exchanges in the ranking of CoinMarketCap and CoinGecko. They know how to achieve peak goals and we know what service is needed for this. A million of the traders appreciated the convenience and reliability of our platform – this is the main achievement, and the main reason for you to start working on our platform. Right now.

How To Sign Up & Start Trading

Coinsbit Cryptocurrency Hosting Details

• Datacenter: Cloudflare, Inc.
• Server IP: 104.22.67.70
• Location: United States of America
• City: Ashburn
• Domain Who Is: Click Here
• Nameservers: noel.ns.cloudflare.com, marge.ns.cloudflare.com

Enable 2-Factor Authentication (2FA)

When you log certain the primary time, a pop-up will show up and ask you to enable the 2FA, which can help in increasing your account security. If you’re new 2FA, you’ll got to download the Google Authenticator  app then scan the QR (or enter the key key) so as to urge a 1-minute changing code.

After completing these three steps, you’re through with fixing your account.

Fee Schedule

Fee for trading 0.2% trading fee Fee for deposit and withdrawal

Withdraw Limits

Please check below to see what limit your account falls under

1. New Account: Newly created accounts have a 0 USD (or equivalent) withdrawal limit.
2. Basic Account: Basic accounts can currently withdrawal 500 USD (or equivalent) per 24h. Verification required.
3. Enhanced Account: 100 000 USD (or equivalent) per day with two-factor enabled. Verification required.

Advantages

High Performance

The main distinguishing feature of Coinsbit is the processing speed of up to 10,000 trades every second and 1,000,000 TCP connections.

Strong security

More than 95% of all currency are stored in cold wallets. WAF (Web Application Firewall) – is a web application security screen that detects and blocks hacker attacks.

Main coins support

BTC, ETH, LTC, BCH, BTG, ETC, TUSD.

Support main fiat currency

USD, EUR, TRY, UAH, RUB, KZT

Coinsbit 

Coinsbit is a cryptocurrency exchange with which cryptocurrency trading becomes convenient, profitable and safe for you. If you need comfortable trading, go through instant registration using the KYC system in the Coinsbit application and start trading cryptocurrency today, earning on your investments Coinsbit is a cryptocurrency exchange with which cryptocurrency trading becomes convenient, profitable and safe for you. If you need comfortable trading, go through instant registration using the KYC system in the Coinsbit application and start trading cryptocurrency today, earning on your investments,

Download Coinsbit 

Trade Anywhere

Trade cryptocurrency from anywhere in the world. Close deals with maximum profit. React instantly to market changes with the Coinsbit mobile app. All the power of the Coinsbit exchange in your smartphone.

OTC Platform

Buy and sell cryptocurrency quickly and safely. OTC Coinsbit is a modern platform to carry out OTC transactions. All the transactions are carried out based on the “escrow” principle, which guarantees receiving of cryptocurrency or fiat funds. Exchange cryptocurrency with no fear of exchange rate fluctuations, and with maximum confidentiality and security. The most favourable quotes out of exchange orders available with one click.

Coinsbit store

The world’s first online store for buying goods with cryptocurrency. We have collected the best offers from the largest online stores in the world for your convenience. Buy goods from anywhere in the world from your exchange account. Simple and reliable.

Staking Pool – Coinsbit

Trading is always risky. We give you the opportunity to avoid risks. Earn by investing free coins in StakingPool. As a result, you safely make a profit, developers promote their projects, and the exchange attracts new deposits. Everybody wins.

Code – Coinsbit

Generate unique codes and transfer your coins to any user. Safely. No commission. No confirmations. Instantly.

CNB – Coinsbit exchange token.

CNB Token is a service token of the largest crypto exchange in Eastern Europe – Coinsbit. We launch the token to optimize your user experience and provide you with access to the many advantages of our exchange.

Building the future of new technologies

The goal is to develop the latest technology. All projects that are listed on our exchange are tested by the specialists. They will introduce a smartphone application for your convenience and constant access to the market and your assets. Only through innovation can one become the best!

P2P Loans

Use our peer-to-peer lending platform. We give you the opportunity not only to take loans, but also to act as a lender. Work with P2P loans much easier! Get or create P2P loans at Coinsbit!

Security of your assets

User protection is a priority for any exchange. This is our vision. So, our security department works every day to improve and develop the security of our platform. To make you feel comfortable and safe. The latest security systems and firewalls, storing assets in cold wallets and painstaking work give us the right to be called a truly safe exchange.

Bkex Cryptocurrency offers leveraged trading on its trading platform. A word of caution might be useful for someone contemplating leveraged trading. Leveraged trading can lead to massive returns but – on the contrary – also to equally massive losses.

Based in the British Virgin Islands and Operated by BTC King Technology Co., Ltd, BKEX is a multi cryptocurrency Exchange. It is a community-consensus digital assets trading platform that allows users to trade (buy/sell) cryptocurrencies such as BTC, ETH, EOS, NEO. BKEX transaction rate is uniformly charged at 0.2%, the deposit and withdrawal only method is using cryptocurrency.

What Is Bkex Cryptocurrency

BKEX offers leveraged trading on its trading platform. … In essence, using leverage when you trade is like borrowing money from someone in order to bet that money on the relevant cryptocurrency going up or down. BKEX is a digital asset trading platform. As the world’s leading blockchain financial derivatives service platform, BKEX has been online for less than one year, providing services to 1.8 million+ users in 208 countries around the world.

How To Sign Up & Start Trading

Bittrex Cryptocurrency Hosting Details

• Datacenter: Aliyun Computing Co, LTD
• Server IP: 170.33.14.220
• Location: Singapore
• City: Singapore
• Domain Who Is: Click Here
• Nameservers: ns64.domaincontrol.com, ns63.domaincontrol.com

Enable 2-Factor Authentication (2FA)

When you log certain the primary time, a pop-up will show up and ask you to enable the 2FA, which can help in increasing your account security. If you’re new 2FA, you’ll got to download the Google Authenticator  app then scan the QR (or enter the key key) so as to urge a 1-minute changing code.

After completing these three steps, you’re through with fixing your account.

BKEX Trading fees

Every trade occurs between two parties: Bkex Cryptocurrency maker, whose order exists on the order book prior to the trade, and the taker, who places the order that matches (or “takes”) the maker’s order. Makers are so named because their orders make the liquidity in a market. Takers are the ones who remove this liquidity by matching makers’ orders with their own.

BKEX’s trading fee for takers is 0.20%. Makers enjoy a slight discount on the trading fee and they trade with a trading fee of 0.15%. These fees are below, or in line with, the industry average which has historically been 0.25% but is now creeping towards 0.10%-0.15%. 

BKEX Withdrawal fees

Another fee to consider before choosing which exchange to trade at is the withdrawal fee. The withdrawal fee is usually fixed (regardless of the amount of cryptocurrency units withdrawn), and varies from cryptocurrency to cryptocurrency. For BTC-withdrawals, this exchange charges 0.0008 BTC. This is quite exactly in line with the industry average. Global industry average BTC-withdrawal fee according to a study performed by us here at Cryptowisser.com is 0.000812 BTC per BTC-withdrawal.

Deposit Methods

BKEX does not accept any deposits of fiat currency. This means that the new cryptocurrency investors (i.e., the investors without any previous holdings of cryptocurrencies) can’t trade here. In order to purchase your first cryptocurrencies, you need a so called entry-level exchange, which is an exchange accepting deposits of fiat currency.

Stand by you,stand by me

• Global new first-tier exchange Realize ecological evolution through product innovation global nodes aggregate flow.

• The world’s leading liquidity24-h trading volume ranked Top 3 many timesTrading products of different kinds

• The first sunshine trading platformSupervision and audit from third-party institutions.

• Secure Multisignature and cold wallet for cryptocurrency storage

• Professional Have over 10-year financial security risk management team and support API trading

• Stable Global technical team, parallel and distributed technology and high-speed matching engine

BKEX Security

Bkex Cryptocurrency run all the exchange-websites in Mozilla’s Observatory-test (https://observatory.mozilla.org/). The score in such test is one of many indicators of the exchange’s security. BKEX received an F-score in this test. Don’t be overly alarmed though, as F is actually the Mozilla Observatory-score received by the majority of all exchanges in Exchange List.

Bittrex employs the most reliable, effective security technologies available. They leverage an elastic, multi-stage wallet strategy to ensure that the majority of funds are kept in cold storage for additional safety. Also, Bittrex enables two-factor authentication for all users and provides a host of additional security features to provide multiple layers of protection. At Bittrex, security will always be a top priority in every decision we make.

What Is Bittrex Cryptocurrency

Founded in 2014 by three cybersecurity engineers, Bittrex Cryptocurrency is the premier U.S.-based blockchain platform, providing lightning-fast trade execution, dependable digital wallets and industry-leading security practices. The mission is to help advance the blockchain industry by fostering innovation, incubating new and emerging technology, and driving transformative change.

How To Sign Up & Start Trading

Bittrex Cryptocurrency Hosting Details

• Datacenter: Cloudflare, Inc.
• Server IP: 104.16.53.111
• Location: United States of America
• City: Ashburn
• Domain Who Is: Click Here

Enable 2-Factor Authentication (2FA)

When you log certain the primary time, a pop-up will show up and ask you to enable the 2FA, which can help in increasing your account security. If you’re new 2FA, you’ll got to download the Google Authenticator  app then scan the QR (or enter the key key) so as to urge a 1-minute changing code.

After completing these three steps, you’re through with fixing your account.

Trading Fees

Bittrex users benefit from a fee schedule that improves as users trade more. The more you trade, the more you save. The fee schedule below provides the applicable rate based on the account’s 30-Day Volume and if the order is a maker or taker. 

Trading fees are incurred when an order is filled by the Bittrex matching engine. When an order executes the buyer and the seller are each charged a fee based on the total price of the executed order. The fee (commission) charged by Bittrex on each executed trade is calculated by taking the (amount * purchase price * rate) for the given trade. There are no fees for placing an order which does not execute. Any portion of an order that has not executed will be refunded fully upon the cancellation of the order.

Fees vary by the currency pair being traded, your 30-day trading volume, and whether the order filled is a maker or taker. Bittrex reserves the right to change the commission rates at any time, including providing other discounts and temporary incentive programs.

30-Day Volume

Your trading volume impacts the price you pay for each trade. Our fees are built to reward users who drive liquidity to Bittrex markets to ensure a healthy ecosystem. Your trading fees are reduced according to the USD value of your total volume traded by your account over the previous 30 days.

Bittrex calculates the 30-Day Volume on a daily basis, updating each account’s volume calculation and trading fee schedule between the hours of 00:30 UTC and 01:30 UTC each day.

Maker-Taker Fees

All executed trades in our matching engine are between an existing order that is on the order book and a newly placed order. The order that is already on the order book is the ‘maker’ order. The newly placed order is the ‘taker’. The fees charged to the buyer and a seller in a transaction are based on which order is the maker and which order is the taker.

If a newly entered order doesn’t immediately match with any orders already in the system or is not completely filled by existing orders on the order book, the remainder of the order goes onto the order book and becomes a potential maker order for a future trade.

Example: In a USD-BTC market, assume there is a sell order for 0.75 BTC on the order book (the maker order). If a trader places a buy order for 1.0 BTC that matches the 0.75 BTC order’s price, there will be one trade for 0.75 BTC where the newly entered order is the taker. If the remaining 0.25 BTC from the new order does not match with another order already on the book, it will be placed on the buy side of the order book and will potentially be the maker order of another future trade.

Maker Orders

Maker orders create (make) liquidity on a market by being entered onto the order book. In other words, maker orders are not filled when they are placed but instead wait until a future order is placed that matches them. A maker order can be on either the sell side or a buy side of the order. When an existing order on the order book is matched with a newly placed order (the taker), the maker order in the transaction is charged the maker fee.

Taker Orders

Taker orders reduce (take away) liquidity on a market. Orders which execute immediately and take volume off the order book are takers. A taker order can be on either the sell side or buy side of the order. When a new order is placed and it matches against another order already on the order book (the maker), the taker in the transaction is charged the taker fee.

Transaction Fees

Blockchain

Moving funds on the blockchain to and from Bittrex incurs a cost for users related to the specific coin’s network fees.

Deposits – There are no fees charged by Bittrex for deposits. Please be aware that some tokens or coins require us to move your funds to another address before we credit them. This means the coin or token’s network will charge you the normal transaction fee for this send and is not something Bittrex can avoid.

Withdraws – Each token or coin has a network transfer fee that is built into it, and we charge a small amount to cover this fee. You can view the fee for each coin or token by  clicking the withdraw button next to the coin to bring up the withdraw window which shows the network fee.

Fiat

Bittrex does not charge fees for USD deposits and withdrawals. You will want to check with your bank as they may charge a fee to send your wire transfer as well as receive a wire transfer at your bank. Also, if your bank uses an intermediary bank, you will want to check with them to see if they charge a fee.

Referral Program 

For purposes of the Bittrex Referral Program, the Referrer Percentage is set at 10%. Bittrex reserves the right to change the Referrer Percentage at any time in its sole discretion as set forth in the Bittrex Referral Terms.

Start trading on mobile.

The complete Bittrex Cryptocurrency trading platform now on your smartphone, tablet or mobile device. Buy sell, and trade crypto on the go.

Every revolution needs a leader.

Bittrex premier trading platform is designed for those who grasp the power of blockchain’s promise and want to be a part of the movement. With lightning-fast trades, dependable digital wallets, and industry-leading security, we’ve created an exchange to lead this revolutionary technology.

Security

First, when choosing an exchange, trust matters. Bittrex Cryptocurrency platform was built from the ground up with multiple layers of protection, deploying the most effective and reliable technologies to keep funds and transactions secure.

Transformation That Goes Beyond Trading

They believe in the potential of blockchain to provide groundbreaking solutions across industries and beyond crypto.

Fast, Robust Technology

Bittrex Cryptocurrency secure trading engine was custom-built for scale and speed to facilitate real-time order execution under heavy demand. We support third-party trading platforms and algorithmic trading via our extensive APIs.

What Makes Bittrex Different

Secure platform 

Bittrex employs the most reliable, effective security technologies available. We leverage an elastic, multi-stage wallet strategy to ensure that the majority of funds are kept in cold storage for additional safety. Also, Bittrex enables two-factor authentication for all users and provides a host of additional security features to provide multiple layers of protection. At Bittrex, security will always be a top priority in every decision we make.

Custom-built trading engine –

Bittrex Cryptocurrency custom trading engine was designed to be scalable and to ensure that orders are executed in real-time. We also support third-party trading platforms and algorithmic trading via our extensive APIs.

Fast deposits and withdrawals –

The highly efficient and automated monitoring platform allows us to provide users the fastest transactions available today. This includes updates on balance, trade, and wallet information.

Driving Innovation –

To help drive innovation in the blockchain industry, Bittrex Cryptocurrency is committed to supporting both new and established blockchains. Bittrex seeks to provide its users with an ever-growing selection of blockchain technologies and digital tokens, and all new digital tokens listed on the trading platform must complete a rigorous review process.

Commitment to compliance –

Bittrex is committed to complying with all current U.S. regulations that help prevent, detect and remediate unlawful behavior by customers and virtual currency developers when using the Bittrex trading platform or any of the company’s other services.

Upbit Cryptocurrency is a South Korean crypto exchange launched in October 2017. There is a large number of South Korean exchanges, as the country has been one of crypto’s strongholds since early on. In addition to this exchange, the list also includes (but is not limited to): Bithumb, Coinone, Korbit and Gopax.

There is plenty of information on the exchange’s website on the company running the exchange. This is always nice to see for prospective customers as it makes it less likely that the exchange will just run off with your money.

What Is Upbit Cryptocurrency

Upbit is a global leading crypto assets exchange which was founded in October 2017. This crypto exchange is based in South Korea and became a famous exchange platform among the users and customers of cryptocurrency. The crypto exchange has become the largest cryptocurrency exchange of digital assets by the year 2018 due to its increasing trading volume.

The Cryptocurrency exchange has a partnership with Bittrex which is an American crypto exchange. Bittrex exchange helped the Upbit exchange in its development. The parent company of Upbit is Dunamu and the CEO of the Upbit exchange is Chi-Hyung Song.

How To Sign Up & Start Trading

Upbit Cryptocurrency Hosting Details

Enable 2-Factor Authentication (2FA)

When you log certain the primary time, a pop-up will show up and ask you to enable the 2FA, which can help in increasing your account security. If you’re new 2FA, you’ll got to download the Google Authenticator  app then scan the QR (or enter the key key) so as to urge a 1-minute changing code.

After completing these three steps, you’re through with fixing your account.

Upbit Trading fees

Upbit Cryptocurrency exchange offers a flat trading fee of 0.25%. Upbit does accordingly not distinguish between takers and makers. For investors who prefer to pick-up existing orders from the order book, this might be an attractive trading fee model.

0.25% is in line with the historical industry averages with respect to trading fees. The global industry average has for a long time been somewhere in the area of 0.25%. When comparing with its South Korean counterparts however (Bithumb, Coinone, Korbit, Coinrail and Gopax), Upbit’s fees are however on the high end. The average taker fee among these exchanges is 0.139% and the average maker fee is 0.11%.

 Transaction fee discount event!

Upbit Withdrawal fees

Upbit Cryptocurrency charges a withdrawal fee amounting to 0.0009 BTC when you withdraw BTC. This fee is a bit above both the global industry average and the domestic South Korean industry average, and thus does not constitute a competitive advantage against other crypto exchanges (neither the domestic nor the international ones).

Deposit Methods

Upbit offers wire transfer as a deposit method, but you can’t deposit via credit card. This of course bad news to you if you would prefer to use your credit card for any reason.

Obtained international standards and major domestic security certifications

Information Security Management System (ISMS)

A system that is certified by the government for a comprehensive information security management system such as management and operation of important information assets held by the company.

International

Security standard certification for information security management system established by the International Organization for Standardization (ISO) and International Electrotechnical Commission (IEC).

Upbit Supported Currencies

Upbit Cryptocurrency being the South Korean exchange is currently supporting just a single fiat currency Won which is the South Korean fiat currency. All the deposits can be done in this fiat currency with the help of the South Korean bank account.

Upbit Customer Support

The Upbit Cryptocurrency exchange also provides the customers’ support. The customer support is given through the means of email and a telephone number. Customers can also get help through the famous messaging app KakaoTalk. Apart from this, there is also available a proper section labeled as “support” on the website of Upbit for the users and customers’ support.