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Monday, May 23, 2022

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

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About Egera.com

Egera.com is a cryptocurrency exchange from Poland that is the result of the rebranding of Bitclude, with effect from 13 January 2022. BitClude (the previous name of the platform) had been active since February 2019. To understanding, the only cryptocurrencies that you can buy or sell here are Bitcoin and Litecoin. 

Egera Cryptocurrency Exchange also have a Financial license, a so called Small Payment Institution License (obtained from Polish Financial Supervisor Authority No. MIP11/2019). This adds a layer of security to the traders at the exchange, as regulated companies are always subject to some form of supervision from the authorities of the relevant country.

Basic Information

ExchangeDetails
Exchange NameEgera.com
Exchange TypeCryptocurrency
Min DepositFree
Withdrawal Fee 0.0005
Maker Fee0.00%
Taker Fee0.30%
Support24/7
Website Homepage

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.

Egera 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. Normally, exchanges distinguishes between takers and makers. Takers are the one who “take” an existing order from the order book. Makers are the ones who add orders to the order book, thereby making liquidity at the platform.

Egera’s fee for takers is 0.30%. These taker fees are somewhat above the global industry averages for centralized exchanges. Industry averages have historically been around 0.20-0.25% but they now see new industry averages emerging around 0.10%-0.15%. Irrespective of which comparison point you use, 0.30% are above the global industry averages.

However, this exchange does not charge any fees for makers, thus promoting the liquidity at the exchange. This is a very strong part of Egera’s offering and can be really helpful for people interested in not picking up existing orders from the orderbook. This is not a promotion. According to information from Egera to us here at, makers will never pay any trading fees at Egera

Egera Withdrawal fees

Egera charges a withdrawal fee of 0.0005 BTC per BTC-withdrawal. This fee is also in line with industry average, or even slightly below. The current global industry average is slightly above 0.0006 BTC per BTC-withdrawal.

CurrencyMethodCommissionMinimumMaximumPosting time
PLNEXPRESS10.00 PLN20.00 PLN100,000.00 PLN15 min
PLNELIXIR1.00 PLN20.00 PLN∞ PLNSesja elixir (do 1 dnia)
PLNATM10.00 PLN50.00 PLN1,000.00 PLN3d
PLNSORBNET30.00 PLN50.00 PLN1,000.00 PLN3d
EURSEPA2.50 EUR10.00 EUR∞ EUR1d
EURSORBNET5.00 EUR10.00 EUR∞ EUR3d
GBPUK6.00 GBP20.00 GBP∞ GBP3d
BTCSieć0.0005* BTC0.002 BTC∞ BTC30m
LTCSieć0.01* LTC0.02 LTC∞ LTC30m

Deposit Methods

In addition to depositing cryptocurrency to the platform, Egera also lets you deposit fiat currency. However, only through wire transfer (not credit or debit card). You can pay by link and also through Polish BLIK Payment.

Seeing as fiat currency deposits are possible at this trading platform, Egera qualifies as an “entry-level exchange”, making it an exchange where new crypto investors can start their journey into the exciting crypto world.

FIAT currency deposits

Egera does not charge commissions on payments in PLN, EUR, GBP and USD made using the SEPA and SWIFT methods. No fees are charged also in case of ELIXIR and EXPRESS methods available only for PLN currency.

The minimum transaction size for the above methods is 1.00 PLN, 1.00 EUR, 1.00 GBP and 1.00 USD. Processing time for each method is usually 5 minutes, which can be extended to 3 days in extreme cases (only for GBP and USD).

Bank card is the fastest way to deposit funds into your Egera account. The transaction is posted within 15 seconds and the commission is only 2 PLN + 3% of the deposited amount. The minimum deposit is 10 PLN and the maximum is 3,500.00 PLN.

CurrencyMethodCommissionMinimumMaximumLead time
PLNELIXIR/EXPRESS/SWIFT0.00 PLN1.00 PLN∞ PLN5min – 1d
PLNInterPay (Pay-By-Link)2.00 %50.00 PLN3,500.00 PLN30 sekund
PLNBLIK2.00 %50.00 PLN3,500.00 PLN15 sekund
EURSEPA/SWIFT0.00 EUR1.00 EUR∞ EUR5min – 1d
GBPSWIFT0.00 GBP1.00 GBP∞ GBP5min – 3d
USDSWIFT0.00 USD1.00 USD∞ USD5min – 3d
BTCStandard0.00 BTC0.00 BTC∞ BTC3 potwierdzenia
LTCStandard0.00 LTC0.00 LTC∞ LTC3 potwierdzenia

Commissions of cryptocurrency exchanges and bureaux de change

Until 8 April 2022, Egera will not charge a Making commission and a Taking commission of 0.3%. After 8 April 2022, Egera will charge a Making commission of 0.3% and a Taking commission of 0.5%.

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