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Monday, March 27, 2023

How to Use Bitbns App( iOS and Android) 2023 Updated Pro Or Cons

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Welcome to one of our app guides, where we will review the Android version & IOS Version of the Bitbns trading app. After this review, you will be prepared to download the Bitbns app and start trading.

What Is Bitbns?

Founded in Dec 2017, Bitbns claims to have become one of India’s largest spot cryptocurrency trading platforms. The brainchild of three founding partners, Bitbns has reportedly attracted over half a million users within a year of its inception.

Bitbns claims to be the first cryptocurrency exchange to introduce Bracket Orders in cryptocurrency trading. The exchange sports a stack of trading tools and features like Margin Trading, Stop Limit, and Trailing Stop Limit.

Bitbns also prides itself of being the first exchange in India that listed 50+ cryptocurrencies within a year of its launch. Bitbns also has a P2P FIAT deposit and withdrawal mechanism.

Bitbns App Important Points

App Name Bitbns
Download StorePlaystore , IOS
Application TypeTrading Platform
Founded Year2017
Free To UseYes
Paid OptionNo
Location Bangalore
Official Website Click Here To Visit

What is the Bitbns Android and IOS app?

Bitbns is a cryptocurrency exchange platform that offers an Android and iOS app for users to access its services on their mobile devices. The Bitbns app allows users to buy, sell and trade a variety of cryptocurrencies such as Bitcoin, Ethereum, Ripple, and more.

Some of the key features of the Bitbns app include:

  1. Real-time market data: The app provides real-time market data and charts, allowing users to stay up-to-date on the latest cryptocurrency prices and trends.
  2. Trading: Users can easily buy, sell, and trade cryptocurrencies on the app using a simple and intuitive interface.
  3. Wallet: The app includes a secure cryptocurrency wallet, which allows users to store their digital assets securely.
  4. Notifications: The app provides real-time notifications for price changes and other important market events.
  5. KYC: The app also allows users to complete the KYC (Know Your Customer) process on their mobile device, which is required for trading on the platform.

How to Use Bitbns App (iOS and Android)

Bitbns is a popular cryptocurrency exchange that allows users to buy and sell a wide range of cryptocurrencies using Indian Rupees (INR). Here’s a step-by-step guide on how to use the Bitbns app on iOS and Android devices:

  1. Download the Bitbns app from the App Store (iOS) or Google Play Store (Android).
  2. After installation, open the app and sign up by entering your email address, mobile number, and a strong password.
  3. Verify your mobile number by entering the OTP (one-time password) sent to your phone.
  4. Complete the KYC (know your customer) process by submitting your PAN card details, bank account information, and other required documents.
  5. Once your account is verified, you can add funds to your Bitbns wallet by clicking on the ‘Deposit’ button and selecting your preferred deposit method (bank transfer, UPI, etc.).
  6. After adding funds, you can start trading by selecting the cryptocurrency you want to buy or sell and entering the amount you want to trade.
  7. You can view real-time price charts and other trading tools by clicking on the ‘Market’ tab.
  8. You can also set up alerts for price changes and other events by going to the ‘Alerts’ section.
  9. When you’re done trading, you can withdraw your funds by clicking on the ‘Withdraw’ button and selecting your preferred withdrawal method.

That’s it! With these simple steps, you can start using the Bitbns app to buy and sell cryptocurrencies on the go. Just remember to always exercise caution when trading and keep your account secure by using a strong password and enabling two-factor authentication.

Bitbns App Pro Or Cons

User-friendly interfaceLimited trading features
Wide range of cryptocurrenciesLimited customer support
Multiple payment optionsLimited liquidity
Competitive feesLimited global availability

Is Bitbns app safe and legit?

Yes, Bitbns app is safe and legit. The exchange is one of the most popular and secure cryptocurrency exchanges in the world. It is also regulated by the Financial Services Commission of Malta and has a robust security system that helps protect user funds.

Bitbns App Features

Wide range of cryptocurrencies:

The Bitbns app supports a wide range of cryptocurrencies, including Bitcoin, Ethereum, Ripple, Litecoin, Bitcoin Cash, and many others.

Trading tools

The app offers various trading tools to users, including real-time price charts, order books, and trading history. Users can also set price alerts and limit orders to automate their trading strategies.

Multiple payment options

Bitbns supports multiple payment options, including bank transfers, UPI, and more. Users can also deposit and withdraw funds using various cryptocurrencies.

KYC and verification process

Bitbns requires users to complete a KYC and verification process to ensure compliance with Indian regulations. Users must provide identity and address proof to complete the verification process.

Safe and Secure

There’s KYC, 2FA, Fingerprint/PIN access, and a lot more. Because lots of security is always a plus.

Automated Buy and Sell

BNS lets you automate your orders with advanced tools & features.

Extra Downside Protection

Ensure least risk with Bracket Orders that come with Trailing Stop Limit.

Verified Network

The formally verified network is well-vetted against security issues and operational inefficiencies.

24×7 Customer Support

We’re all ears, always. Hit up our customer support team anytime and get a resolution in no time.

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Crypto investments come with high risk and you should always exercise caution when investing in any crypto asset. Investing in crypto carries a high level of risk, and may not be suitable for all investors. Any investment decisions made by you are made at your own risk and we are not responsible for any losses that may occur. Before investing, we recommend you consult a financial advisor to understand the risks and rewards associated with investing in crypto.

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