About Bitexbook.com
Bitexbook.com is a crypto exchange from the Saint Vincent and the Grenadines. Other cryptocurrency exchanges registered here include Bithoven, 50x.com and Delta Exchange. But, as you know, where a cryptocurrency exchange is registered has little to no importance for most investors seeing as cryptocurrency trading is global in its nature. BITEXBOOK is owned and operated by a company group called StreamCapital Group. StremCapital Group also took over the operations of Bitflip quite recently (May 2019). Following such takeover, all of the people who previously had accounts and balances with Bitflip were transferred to the BITEXBOOK-platform. So, even though the BITEXBOOK-platform has only been around since 2017, it still got a little head-start against other exchanges from 2017 due to the takeover of the Bitflip-operations.
Bitexbook.com On the date of writing this review (4 June 2019), the exchange reportedly has 34,214 registered users. The exchange highlights the following three factors as their “guaranteed” advantages: (i) high security, (ii) safety of funds, and (iii) commissions from 0.10%. Whereas 0.10% trading fees are quite in line with industry average and not a huge advantage per se, safety of funds and high security are definitely factors that an interested cryptocurrency trader should consider carefully.
| Exchange | Details |
|---|---|
| Exchange Name | Bitexbook.com Exchange |
| Exchange Type | Cryptocurrency |
| Language | English |
| Withdraw Fee | 2.5% (Advcash) 3% (Qiwi) |
| Address | Cedar Hill Crest, Villa, Kingstown, St.Vincent and Grenadines P.O.BOX 1825 |
| Support | 24/7 |
| Taker Fee | |
| Maker Fee | |
| Website | Homepage |
How To Sign Up & Start Trading
Two-Factor Authentication
Bitexbook.com pay high attention to finance security of our clients as well as their personal data. For an extra layer of security we suggest enabling one of the following two-factor authentication (2FA) methods. After activating 2FA our system will ask you to provide a verification code while making such transactions as authorisation, funds withdrawal, login/password change. The verification code can be received through either Email or SMS as well as generated by Google Authenticator application.
Bitexbook.com This method is automatically activated after the registration is completed. The confirmation code will be sent to the e-mail specified during registration: Protection degree – low
SMS
Bitexbook.com To enable this method, you must specify the mobile phone number in international format. To change the phone number, you must disable 2FA and re-enable it to a new phone number. Protection degree – medium
Bitexbook.com The highest security degree provides the use of 2FA through the Google Authenticator application. By installing the application on your mobile phone, you will receive a one-time password that is not stored on our servers. Protection degree – high
Trading Fees
Bitexbook.com Many exchanges charge what we call taker fees, from the takers, and what we call maker fees, from the makers. Takers are the people removing liquidity from the order book by accepting already placed orders, and makers are the ones placing those orders. The main alternative to this is to simply charge “flat” fees. Flat fees mean that the exchangecharges the taker and the maker the same fee.
Withdraw Fees
Bitexbook.com This trading platform charges a withdrawal fee amounting to 0.0005 BTC when you withdraw BTC. This is substantially below the industry average, as the industry average is 0.000812 BTC per BTC-withdrawal. This exchange’s withdrawal fees are thus roughly 40% lower than industry average.
Deposit Methods
Bitexbook.com accepts deposits through both wire transfer and credit cards. Many investors view this as very positive of course. Seeing as BITEXBOOK accepts deposits of fiat currency, the exchange qualifies as a so called “entry-level exchange”, at which new investors can take their first steps into the exciting crypto world.
High Security
Bitexbook.com pay high attention to security when using our service. They have implemented 3 reliable methods to protect your account from unauthorized access.
Funds Safety
Bitexbook.com Customers’ funds are stored only in cold wallets without access to the Internet. Fiat assets are under reliable protection of large European banks.
Fees from 0.1%
Bitexbook.com Multilevel system of Fee calculation. Attractive conditions for market makers. Individual approach to the traders with high trading volume