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

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Buda-com Cryptocurrency Exchange Review: It Is Legit & Secure Exchange

About Buda.com

Buda.com(previously SurBTC) is a cryptocurrency exchange from Chile. It has been active since 2015. The Buda cryptocurrency exchange is among the largest exchanges in South America and works with traders worldwide. Bitcoin (₿), Litecoin (Ł), Ethereum (Ξ), Bitcoin Cash, and USDC are traded here. There are four fiats represented and they are the Chilean, Colombian, and Argentine pesos, as well as the Peruvian sol.

There are several major options for depositing and withdrawing funds, including direct transfers from bank accounts. The website has no solutions for investors. However, active traders can use the referral program and earn 20% of the amount of invited users’ trading fees.

Buda Cryptocurrency Exchange platform operates stably and is characterized by a modern security system, large trading volumes, and high liquidity. Traders can trade using both the terminal in a browser (standard TradingView) and the website’s proprietary mobile application.

Basic Information

ExchangeDetails
Exchange NameBuda Cryptocurrency Exchange
Exchange TypeCryptocurrency
Withdraw Fee0.000043
Maker Fee0.80%
Taker Fee0.40%
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.

Buda 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.

Buda.com trading fees for takers are 0.80%. This fee is way above the global industry average. The industry average is arguably around 0.25%. It is a positive aspect that Buda discounts the maker fees to 0.40% (but also this fee is much higher than the global industry average). Compared to its Chilean peers, however, Buda’s fees appears more reasonable. There are generally higher fees in South America.

Buda Withdrawal fees

Buda Cryptocurrency Exchange charges a withdrawal fee amounting to 0.000051 BTC when you withdraw BTC. This fee is substantially below the industry average and constitutes an advantage against most other exchanges.

Deposit Methods

This trading platform offers wire transfer as a deposit method, but you can’t deposit via credit card. This of course negative news to you if you would prefer to use your credit card for any reason.

An app designed for investors and fans.

Check the evolution of your investment portfolio anywhere, anytime. View your cryptocurrency balances converted into Chilean pesos.

You deserve this excellent service

Security

More than 90% of the funds are stored in vaults disconnected from the Internet.

Liquidity

Buda Cryptocurrency Exchange actively work with traders and liquidity providers to have the deepest market for cryptocurrencies.

99.9% Uptime

The commitment is to offer a service 24/7, 365 days a year.