Bitsblockchain.net domicile country is China, but more specifically Macao. As such, it is the only exchange in our Cryptocurrency Exchange List that is based in Macao. Bits Blockchain does not explicitly prohibit US-investors from trading on its exchange. A trading cryptocurrency guide must provide reviews of all of the top crypto exchanges out there, so that you can find the best cryptocurrency exchange site for you.
In any event, all US-investors should still do their own independent analysis of any problems arising from their residency or citizenship. In a worst-case scenario, they are still prohibited from trading at one or several exchanges that could be the best cryptocurrency exchange site for them (maybe including this one).
Bitcoin and Digital assets prices are volatile and fluctuate day-to-day. Trading in these Digital assets may be considered a high risk activity. Proper diligence and sound judgement should be used in evaluating the risks associated with these activities. They do not solicit nor make any representation that Digital assets are an investment vehicle. The decision to trade Digital assets rests entirely on the users own independent judgement.
How To Sign Up & Start Trading
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.
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.
Bits Blockchain Trading fees
The one thing you must not forget is to check the trading fees of an exchange that interests you. Bits Blockchain offers a flat trading fee of 0.50%. The exchange does accordingly not care about whether you are a taker or a maker. For investors who prefer to pick-up existing orders from the order book, this might be an attractive trading fee model. The fee level of 0.50% mentioned above is much higher than the industry average which is around 0.25%. One should consider whether this exchange has a strong offering to investors in other respects that outweighs the disadvantage of this somewhat higher trading fee.
Bits Blockchain Withdrawal fees
Bits Blockchain charges a withdrawal fee amounting to 0.004 when you withdraw BTC. This is far above average in the industry. To summarize on the fees, this exchange’s offering is evidently not very competitive.
This trading platform accepts deposits through both wire transfer and credit cards. Many crypto investors of course view this as very positive.
Why Choose Bits Blockchain
Pleasant Trading Experience through unique and fast trading system of Bits Blockchain.
They provide top notch security system. Bits Blockchain value the customer asset protection as top priority.
Customized Trading Environment
Easy and intuitive UI. Both beginners and experts in trading can use our platform with ease.
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