BitcoinTrade Exchange Review: BitcoinTrade Is Legit & Secure

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BitcoinTrade Exchange Review: BitcoinTrade Is Legit & Secure

About BitcoinTrade Exchange

Founded in October 2017 in Rio de Janeiro, BitcoinTrade is the safest digital currency platform in Latin America. With less than 2 years of operation, we are already among the leaders in the domestic market in terms of monthly traded volume.

Today we serve thousands of customers and companies, delivering a simple, secure, and agile solution for buying and selling digital currencies.

How To Sign Up & Start Trading

ExchangeDetails
Exchange NameBitcoinTrade Exchange
Exchange TypeCryptocurrency
Withdraw Fee  0.000079 BTC
Support24/7
LangugaeEnglish
Taker Fee 0.50%
Maker Fee 0.25%
WebsiteHomepage

How To Sign Up & Start Trading

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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

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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.

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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.

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BitcoinTrade Trading fees

Every trade occurs between two parties: the 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.

BitcoinTrade’s trading fee for takers is 0.50%. Makers enjoy a discount on the trading fee and they trade for half the trading fee: 0.25%. These fees are above the industry average which has historically been 0.25% but is now creeping towards 0.10%-0.15%. 

BitcoinTrade Withdrawal fees

BitcoinTrade’s withdrawal fees correspond to the network fees. Just charging the network fee is a fee model that is also lower than the industry average. Such fee model constitutes a competitive advantage against many other exchanges in the industry.

Deposit Methods

BitcoinTrade offers wire transfer as a deposit method, but not credit cards. This might of course be bad for you if you would prefer to use your credit card for any reason.

BitcoinTrade Exchange Features

Cryptocurrency Trading

Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH), and other cryptocurrencies are among those that customers can purchase and trade on BitcoinTrade. These cryptocurrencies can be traded against the fiat Brazilian Real (BRL).

User-Friendly Interface

Both novice and seasoned traders may trade cryptocurrencies with ease and accessibility thanks to the exchange’s user-friendly interface. The platform has a simple, user-friendly design that makes it simple to navigate and place trades.

Security

BitcoinTrade places a strong emphasis on the safety of its system. In order to lower the danger of hacking and theft, it adopts a number of security measures, such as two-factor authentication (2FA) for user accounts, encrypted data transmission, and cold storage for storing users’ digital assets offline.

Mobile Applications

Users may trade cryptocurrencies while on the go with BitcoinTrade’s mobile applications for iOS and Android devices. Users can access their accounts, examine market data, and place trades using the mobile apps, which offer a similar trading experience to the web platform.

Trading Tools

To help consumers make well-informed trading decisions, the exchange offers a variety of trading tools. These resources could include order books, trading histories, technical analysis indicators, and real-time price charts. To further assist users in properly managing their trades, BitcoinTrade might also provide tools like stop-loss orders, limit orders, and market orders.

Customer Support

Customer assistance is available from BitcoinTrade to help users with questions and technical problems. Depending on the accessibility of the particular help choices, users may contact the support team via a variety of channels, including email, phone, or live chat.

Compliance and Regulation

With relation to bitcoin exchanges in Brazil, BitcoinTrade complies with all relevant laws and rules. This includes abiding by Know Your Customer (KYC) and Anti-Money Laundering (AML) policies, which may call for customers to prove their identities and give specific personal data when opening an account.

BitcoinTrade Conclusion

In summary Brazilian-based BitcoinTrade is a cryptocurrency exchange with a number of tools for purchasing, selling, and trading cryptocurrencies. I can give you general information about BitcoinTrade, but please be aware that since my last knowledge update in September 2021, many specifics might have changed. Visit the BitcoinTrade website or get in touch with their customer service to acquire the most current and correct information.

A user-friendly platform with a range of cryptocurrencies available for trade is what BitcoinTrade seeks to offer. They might enable cryptocurrency to Brazilian Real (BRL) conversions and provide a range of trading options such market orders, limit orders, and stop-loss orders. To safeguard user payments and personal information, security procedures like two-factor authentication and encryption are often utilized information.

BitcoinTrade FAQ