About Bitubu.com
Launched on 17/07/2019, Bitubu.com is a centralized exchange based in Turkey. It supports TRY fiat pairs. It is licensed by Technology Corporation. It reportedly offers low trading fees, instant deposit/withdrawals, and supports fiat/crypto to crypto. BitUBU markets four things in particular as reasons for chosing them as your trading platform 24/7 multilingual support, powerful trading engine, high security wallets and optimized user interface.
Bitubu Cryptocurrency would imagine that all exchanges have optimized user interface (why would anyone design their platform in a way that is not optimized for its users), but the other three advantages are indeed advantages. When describing their high security wallets, BitUBU states that 95% of all crypto assets are stored in cold wallets, and this is a fairly high percentage. Not the highest they have seen, but fairly high.
Basic Information
| Exchange | Details |
|---|---|
| Exchange Name | Bitubu.com |
| Exchange Type | Cryptocurrency |
| Min Deposit | Free |
| Taker Fee | 0.0006 |
| Maker Fee | 0.20% |
| Product Offered | 0.20% |
| Support | 24/7 |
| Website | Homepage |
How To Sign Up & Start Trading
BitUBU Trading fees
Every time you place an order, the exchange charges you a trading fee. The trading fee is normally a percentage of the value of the trade order. At this exchange, they divide between takers and makers. Takers are the one who “take” an existing order from the order book.
BitUBU charges both takers and makers 0.20%. These taker fees are quite in line with the global industry averages. Industry average has for a long time been around 0.20-0.25%, but we are now seeing more and more exchanges charging 0.10-0.15% instead, just like BitUBU. According to the most extensive industry report on trading fees, this one, the industry average spot trading taker fees are 0.221% and the corresponding maker fees are 0.177%
BitUBU Withdrawal fees
Bitubu Cryptocurrency charges a withdrawal fee of 0.0006 BTC per BTC-withdrawal. This fee is in line with, or even slightly below, the global industry average. The current global industry average is around 0.00057 BTC per BTC-withdrawal according to this report.
| Coin | Name | Min. Withdrawal | Min. Deposit | Deposit Fee | Withdraw Fee |
|---|---|---|---|---|---|
| BAT | Basic Attention Token | 50.0 | 10.0 | Free | 25.0 |
| BCH | Bitcoin Cash | 0.03 | 0.05 | Free | 0.02 |
| BNB | BNB | 0.12 | 0.05 | Free | 0.035 |
| BTC | Bitcoin | 0.0011 | 0.0005 | Free | 0.0006 |
| BTG | Bitcoin Gold | 0.0011 | 0.0 | Free | 0.001 |
| CHZ | Chiliz | 150.0 | 276.0 | Free | 138.0 |
| CVC | Civic | 162.0 | 0.0 | Free | 81.0 |
| DASH | Dash | 0.025 | 0.0 | Free | 0.005 |
| DGB | Digibyte | 50.0 | 0.0 | Free | 25.0 |
Deposit Methods
In addition to depositing cryptocurrency to the platform, BitUBU also lets you deposit fiat currency. However, only through wire transfer (not credit or debit card). If you absolutely require a trading platform that allows credit or debit card deposits, please use Exchange Filters and you can filter out the exchanges that have what you need.
Seeing as fiat currency deposits are possible at this trading platform, this platform qualifies as an “entry-level exchange”, making it an exchange where new crypto investors can start their journey into the exciting crypto world.
Trade in Everywhere
Mobile
All the power of BitUBU Cryptocurrency Exchange, in the palm of your hand. Download the BitUBU mobile crypto trading app today.
API
The BitUBU API is designed to provide an easy and efficient way to integrate your trading application into platform.
Referral Program
This trading platform also have a referral program. Through the referral program, you can invite your friends (or enemies), and when they start trading at the exchange, you receive a share of the trading fees earned by BitUBU. This can be a convenient way for you to passively increase your crypto earnings.