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Bitforex Cryptocurrency Exchange Review

7.4

CURRENCY VERITY

7.5/10

CUSTOMER FEEDBACK

8.0/10

CUSTOMER SUPPORT

6.5/10

DESIGN

7.5/10

Pros

  • Support 24/7
  • Asset Service Platform

Cons

  • No Live Chat

About Bitforex Cryptocurrency

Bitforex Cryptocurrency is a global Top 10 cryptocurrency exchange dedicated to providing users with safe, professional, and convenient digital currency trading services. BitForex is leading the trend of the cryptocurrency exchange industry by effectively providing a wide range of trading tools including token trading, margin trading, and derivatives —constantly adapting to new market needs with the continuous introduction of new features. Trade in the moment, invest in the future. The digitization of assets is the future trend, and BitForex is your best choice.

ExchangeDetails
Exchange NameBitforex Cryptocurrency
Exchange TypeCryptocurrency
LanguageEnglish
 Trading PairsN/A
 Websitehttps://www.bione.info/
Support24/7
 Social SupportTwitter
 Alexa RankN/A
 Top CountryIndia

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.

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

Maker

  • • Maker fees are paid when you add liquidity to our order book by placing a limit order below the ticker price for buy, and above the ticker price for sell.

Taker

  • • Taker fees are paid when you remove liquidity from our order book by placing any order that is executed against an order on the order book.

Spot

  • • Maker fees: 0.1%
  • • Taker fees: 0.1%

Perpetual

  •   BTC & ETH
  • • Maker fees: 0.04%
  • • Taker fees: 0.06%
  •   Others
  • • Maker fee: 0.06%
  • • Taker fee: 0.06%

MT5

  • A commission is a fee charged by a trader for buying or selling a product.
  • • Forex/Commodity/Metal/Index commission: 10 USD / Per Lot
  • • Cryptocurrency commission: 0.08% per trade

BitForex has arranged a new discounted rate for Market Maker accounts. Applications can now be submitted to [email protected], and will be reviewed on Mondays.

Deposit Fees

Deposit: Free

Withdrawal Fees

The digital currency withdrawal fee depends on the network cost. The BitForex platform’s withdrawal fees are as follows:

Coin/TokenWithdrawal FeesMinimum Withdrawal24H Withdrawal Limit
BTC0.00050.001100
ETH0.010.024000
LTC0.0010.12000
ETC0.0050.750000
BCH0.00010.012500
NEO029000
USDT210600000
R2301500000
OMG0.11.580000
TRX2025010,000,000
ABYSS101506,500,000
ZIL201106,000,000
CTXC115600,000
MITH20301,000,000
ODE15753,000,000
TERN402009,000,000
XLM0.01753,000,000
IMT5003500400,000,000
GOT403007,000,000
DACC20003000250,000,000
UBEX50030001,300,000,000
DAV20050090,000,000
DTX10807,000,000
CNRG15702,500,000
MFG7035012,000,000
NOBS100015000600,000,000
ADF01400,000
ELF5251,000,000
LX201004,000,000
EDR10602,500,000
QTUM0.01280,000
BF60809,000,000,000
DXT301506,000,000
HYDRO40020001,000,000,000
LEDU100100040,000,000
RIT100100040,000,000
ACDC5004000150,000,000
ECOM2103,000,000
HQX300150060,000,000
UST800150060,000,000
EOSC1010060,000,000
TPAY16200,000
EDRA10007000250,000,000
AIC250125050,000,000
MIR0.0013001,200,000,000
PENC402008,500,000
CSM1302,500,000
DWS6003000150,000,000
DATX10007500300,000,000
DOGE503000100,000,000
MGO101506,000,000
ABBC105015,000,000
CTC100170068,000,000
BRC201004,000,000
EOS0.110500,000
GGT101507,000,000
C3W8004000170,000,000
ELAC51857,500,000
ISR63013,000,000
XRP200.153,000,000
XMR0.000050.019,999
DASH0.0020.0043,600
ZEC0.0000010.000015,100
GUSD315600,000
TUSD115600,000
TOSC2840040,000,000

Transaction Fees Updated: 2020/1/6 (GMT+8). The Fees page will updated regularly, please refer to the withdrawal page for latest transaction fees of specific coin/ token.

BitForex MT5

The vision of BitForex MT5 is to provide a unique platform to cryptocurrency traders with more options for trading traditional financial products, bringing the wider financial landscape to the cryptocurrency industry.

300+ Trading Products with up to 200x leveraged

Global Financial Markets at Your Fingertips

  • 100+ CFDs for Cryptocurrencies
  • 100+ CFDs for Forex
  • 20+ CFDs for Commodities
  • 10+ CFDs for Indices

Trade with Cryptocurrency

Lower fees, immediate settlement and more flexibility

  • Support BTC/USDT/ETH/XRP as the base currency of the BitForex MT5 account
  • Users can transfer funds from Wallet to BitForex MT5 account directly

Professional technical analysis tools

Fast, Secure and Easy-to-use

  • Real-time forex and CFD quotes
  • 30+ of the most popular technical indicators
  • Real-time interactive charts with zoom and scroll
  • Multiple timeframes to analyze price action and patterns

BitForex,world’s leading one-stop financial service platform

High Liquidity

Abundant resources and partners provide high liquidity to the platform.

Multiple-token Support

300+ trading pairs, more premiere tokens coming up.

Safety & Stability

Providing safe and stable trading environment and Asset Security Management Solutions.

Advanced Technologies

High-performance matching engine, capable of fast processing 1,600,000 orders per second.

General Referral

Standard rebate schema for more than 300 trading pairs

  •  Daily Settlement
  •  30% Spot Trading Commission

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