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Friday, April 19, 2024

Tidebit Exchange Review: Tidebit Is Legit & Secure Exchange

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About Tidebit Exchange

Tidebit is a Hong Kong crypto exchange. There are many exchanges based in Hong Kong, more than in most other countries in the world. Hong Kong is in a way the Mecca of crypto trading. 

A big difference between Tidebit many other exchanges, however, is that Tidebit does not allow crypto-to-crypto trading. So if you’re interested in depositing cryptocurrency, you need to look elsewhere (use the Exchange Finder to find an exchange for you).

How To Sign Up & Start Trading

ExchangeDetails
Exchange NameTidebit Exchange
Exchange TypeCryptocurrency
Withdraw Fee  0.003 BTC
Support24/7
LangugaeEnglish
Taker Fee0.30%
Maker Fee0.30%
WebsiteHomepage

How To Sign Up & Start Trading

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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

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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.

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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.

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Tidebit Trading fees

This trading venue doesn’t charge different fees between takers and makers. Their fee model is instead something called a “flat fee model”, where the exchange charges both the taker and the maker the same amount. The flat fee is 0.30% for certain trading pairs and down to 0.10% for other trading pairs, as detailed below:

0.30%: BTC/HKD, ETH/HKD, EOS/HKD, NEO/HKD, BTC/USD, ETH/USD, XPA/ETH, CBT/ETH

0.20%: HKX/HKD, USX/USD

0.10%: BTC/USX, ETH/USX, XPA/USX, CBT/USX, BTC/HKX, ETH/HKX, XPA/HKX, CBT/HKX, EOS/HKX, LIKE/HKX, USX/HKX, ETC/HKX, LTC/HKX, BCH/HKX

These fees are also roughly in line with industry average.

Tidebit Withdrawal fees

Tidebit charges a withdrawal fee amounting to 0.003 BTC when you withdraw BTC. This fee is above average in the industry. One should consider whether Tidebit has a strong offering to investors in other respects that outweighs this higher withdrawal fee.

Deposit Methods

This trading platform offers wire transfer as a deposit method, but you can’t deposit via credit card. And, as mentioned above, you cannot deposit cryptos.

Tidebit Exchange Features

Trading Pairs

Tidebit provides a variety of trading pairs, including those for prominent cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and others.

Security

To secure user accounts and payments, Tidebit employs cutting-edge security techniques like SSL encryption and two-factor authentication.

User-Friendly Interface

Tidebit offers a user-friendly layout that is simple to use and navigate, making it accessible to both novice and seasoned traders.

Advanced Trading Tools

Tidebit provides a variety of trading tools, such as sophisticated charting and analytical tools, to help customers make educated trading decisions.

Low Fees

Tidebit offers a cost-effective platform for buying and selling cryptocurrencies thanks to its low trading fees.

Mobile App

Users may trade cryptocurrencies on the go with Tidebit’s mobile app, which is available for both Android and iOS.

Customer Support

Tidebit offers 24/7 customer support to assist consumers with any problems they could run across while using the platform.

Tidebit Conclusion

In conclusion, Hong Kong-based Tidebit is a credible and trustworthy cryptocurrency exchange. It provides its users with a variety of services, including as a large selection of trading pairs, cutting-edge security measures, an intuitive user interface, cutting-edge trading tools, minimal fees, a mobile app, and round-the-clock customer assistance.

Tidebit has made a name for itself as a reputable and well-liked cryptocurrency exchange in the Hong Kong market by putting a strong emphasis on offering its users a secure and dependable trading environment. If you’re looking for a trustworthy and effective platform to buy and sell cryptocurrencies, whether you’re a novice trader or an experienced one, Tidebit is a good option to take into account.

Tidebit FAQ

What is Tidebit?

Tidebit is a cryptocurrency exchange based in Hong Kong that allows users to buy and sell cryptocurrencies.

Is Tidebit safe?

Yes, Tidebit takes security seriously and uses advanced security measures such as SSL encryption and two-factor authentication to protect user accounts and funds.

What cryptocurrencies can I trade on Tidebit?

Tidebit supports a wide range of trading pairs, including Bitcoin (BTC), Ethereum (ETH), and other popular cryptocurrencies.

How much does it cost to trade on Tidebit?

Tidebit charges low trading fees, making it a cost-effective platform for buying and selling cryptocurrencies.

Does Tidebit have a mobile app?

Yes, Tidebit has a mobile app for both Android and iOS, allowing users to trade cryptocurrencies on the go.

How can I contact customer support on Tidebit?

Tidebit provides 24/7 customer support via email, live chat, and social media to help users with any issues they may encounter while using the platform.

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Disclaimer

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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