16.4 C
London
Friday, July 19, 2024

Bexplus.com Cryptocurrency Exchange Review: It Is Legit & Secure Exchange

- Advertisement -
binance 728x90 banner

About Bexplus.com

Bexplus.com is a global crypto derivatives trading platform established in late 2017. The company is registered in Saint Vincent and the Grenadines. Bexplus has offices in Singapore, Japan, the US and Brazil and is constantly expanding worldwide.

Bexplus Cryptocurrency was created by seasoned blockchain architects, experienced financial experts, and Internet professionals. It provides fast order execution speed and low latency, giving beginners and professional traders an efficient, convenient, and versatile platform. Currently, Bexplus provides BTC, ETH, ADA, DOGE, and XRP perpetual contracts for futures trading, and a 100x leveraged profit model is also available on the platform.

Bexplus Cryptocurrency Exchange provide secure and reliable cryptocurrency trading services, guaranteeing users’ funds and transaction security through distributed servers, cold wallets with multi-signature encryption, anti-DDoS protection systems, and other advanced technologies. Bexplus is constantly evolving so that your transactions on the platform are smooth and profitable. And this is just the beginning.

Basic Information

ExchangeDetails
Exchange NameBexplus.com
Exchange TypeCryptocurrency
Trading Fee0.075%
Deposit FeeFree
Withdraw Fees0.0005 BTC
Withdraw LimitBTC/USDT: 0.1 BTC
Support24/7
WebsiteHomepage

How To Sign Up & Start Trading

You Sign Up For A User Account By Providing Basic Information.

On Every Exchange You Will Get Option For Sign Up Or Create Account . Just Fill Some Basic Details Like Name , Email , Password , Security Question Etc For Registration . It Is First Step To Start Trading On Any Exchange

You Then Receive An E-mail In Your Mailbox To Activate Your Account.

Before You Can Login, You Must Active Your Account With The Code Sent To Your Email Address.Then You Will See A Message That Your Financial Account Is Activated And Ready To Go. This Means That You Can Log In And Start Trading In Cryptocurrency.

Identity Verification

For Successful Verification You Will Need Identity Documents. For Example, You Can Use A Driver’s License Or Passport, Where The Name Is Duplicated In Latin Letters.Confirmation Of Identity On Exchange Is An Optional Step. The Procedure Must Be Completed Only If You Want To Remove The Restrictions Of Btc On Deposit Or Withdrawal Of Funds Per Day.

Bexplus Fees

Unlike most other cryptocurrency exchange platforms, Bexplus doesn’t differentiate between maker and taker orders when it comes to fees. The platform charges a flat fee rate for each crypto pair.

Trading Fees

Here is the list of trading fees for each pair:

  1. BTC/USDT: 0.075%
  2. ETH/USDT: 0.151%
  3. DOGE/USDT: 0.195%
  4. ADA/USDT: 0.151%
  5. XRP/USDT: 0.195%

You should note that the margin, profit and loss are always calculated and paid in BTC, no matter which digital currency you trade.

Overnight Fees

The Bexplus Cryptocurrency platform provides 100x leverage trading on crypto pairs and charges you for the service. If you want to continue to hold an open position after GMT 0:00, you pay an overnight fee of 0.1% of the total value of the contract.

Deposit and Withdrawal Fees

There are no fees for depositing on the Bexplus platform. However, you need to pay withdrawal fees for removing your crypto assets from the platform. Bexplus lists withdrawal fees as follows:

BTC: 0.0005 BTC

ETH: 0.004 ETH

XRP: 0.1 XRP

Withdrawal fees for Cardano and Doge are currently not listed on the Bexplus website.

Trading and Withdrawal Limits

While there are no minimum deposit limits on the platform, there are some predetermined minimum and maximum trading limits. The minimum trading limits are as follows:

BTC/USDT: 0.1 BTC

ETH/USDT: 1 ETH

DOGE/USDT: 10,000 DOGE

ADA/USDT: 1,000 XRP

XRP/USDT: 1,000 ADA

Withdrawal limits are not advertised on the platform. We advise customers to contact Bexplus’s customer service for inquiries before depositing their crypto assets on the exchange platform.

How 100X Leverage Works?

With 100x leverage, your initial margin will be increased a hundred times. Invest in 1 BTC to get 100 BTC buying/selling power. Using leverage, you can open a much larger position and enlarge your potential profits by betting on right direction.

Bexplus Security

Bexplus Cryptocurrency claims that the exchange keeps crypto assets in multi-signature cold wallets. The trader accounts are also protected with a two-factor authentication process.

However, as Bexplus is a largely anonymous company, based in an offshore location with limited regulation and enforcement powers, it is hard to be sure that it is a legitimate business. There have been some complaints online that Bexplus is a scam and that it has doctored fake photos and reviews to promote itself. Surprisingly, Bexplus hasn’t addressed these claims. As the company is not registered with qualified regulators, it is hard to say whether Bexplus is legit or not.

Also, the exchange doesn’t have many individual user reviews or non-advertisement reviews online. However, reviews about the Bexplus mobile app are mostly positive.

Customer Support

One of the advantages of Bexplus is that the platform is available in languages besides English. Russian, Spanish, Italian, and customers from many other countries can use the crypto exchange easily in their native language.

- Advertisement -

Disclaimer

Crypto investments come with high risk and you should always exercise caution when investing in any crypto asset. Investing in crypto carries a high level of risk, and may not be suitable for all investors. Any investment decisions made by you are made at your own risk and we are not responsible for any losses that may occur. Before investing, we recommend you consult a financial advisor to understand the risks and rewards associated with investing in crypto.

LATEST PR
- Advertisement -binance
Related Articles