Virtuse.com Exchange Review: Investing Made Easy

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Virtuse.com Exchange Review: Investing Made Easy

About Virtuse.com

One of the best use cases for Bitcoin is to democratize investing. Everyone should have access to investing, regardless of where they live in the world or the amount of money they have. Virtuse.com mission is to provide a platform where anyone can purchase, accumulate and safely store Bitcoin.

Virtuse Group was founded in 2006 with the vision of transforming global emissions and renewable energy markets in Europe. By 2010, Virtuse Group had become one of the largest emission brokers in Europe. Due to Virtuse’s success, in 2014, the group expanded from Europe to Asia – and became the first foreign emissions trading system (ETS) broker in China.

Virtuse Exchange Group further secured and expanded its foothold in China by launching the Chinese Emissions Exchange (CEEX) in Shenzhen, and has since grown to become one of the largest international emissions brokers in China.

In 2017, Virtuse Group was looking for a way to bridge the gap between the old, centralised financial markets – and create something that’s new, dynamic, diverse, and different.

The group launches Virtuse Exchange in Singapore – a cryptocurrency exchange for investors to invest and trade a wide range of asset classes that are secured against real-world assets.

But, how do they get there? In the crypto market, relying on Fortuna is not an option. They can’t control external factors, but they can control what they do to better ourselves and achieve the vision.

ExchangeDetails
Exchange NameVirtuse.com
Exchange TypeCryptocurrency
Withdraw Fee0.0015 BTC 
Deposit FeeFree
Taker Fee0.15%.
Maker Fee0.15%.
Support24/7
 Top CountryIndia
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.

Virtuse Exchange 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. Many exchanges divide between takers and makers. Takers are the one who “take” an existing order from the order book.

Virtuse Exchange charges what we call flat fees, meaning that both the takers and the makers pay the same fee: 0.15%. These taker fees are quite in line with the industry average for centralized exchanges. Industry average has historically been around 0.20-0.25% but we now see new industry averages being around 0.10%-0.15%. Regardless of your data point for comparisons, Virtuse Exchange trading fees are roughly in line with industry average.

Exchange Fees:

Exchange fees are linked to your membership tier.
Virtuse Basic members: 0.5% of Bitcoin purchases or sales
Virtuse Wealth members: 0% of Bitcoin purchases or sales

Virtuse Exchange Withdrawal fees

Virtuse Exchange charges a withdrawal fee of 0.0015 BTC per BTC-withdrawal. This fee is actually a bit above the global industry average BTC-withdrawal fee. The current global industry average is slightly above 0.0006 BTC per BTC-withdrawal so Virtuse Exchange is roughly 150% above average here (not very competitive). 

Direct Debit Fees

Additionally, if direct debit is used to fund purchases or deposits, it attracts a $0.25 provider fee per transaction. You can avoid this fee by purchasing Bitcoin or funding your EUR account via electronic funds transfer. To utilized SEPA, simply send funds to Virtuse from your bank account using the unique transaction descriptions provided in the SEPA purchase menu. This can be accessed by tapping ‘Buy’ on the dashboard and tapping SEPA Purchase.’

Deposit Methods

Virtuse Exchange previously didn’t accept any other deposit method than cryptos, so new investors were restricted from trading here. Today, however, it is possible to deposit funds through both wire transfer and credit/debit card. This makes this exchange a so called “entry-level exchange”, where a new crypto trader can take its first steps into the exciting world of cryptocurrency.

Invest with confidence

Recurring

Make instant purchases or set up a recurring investment from as little as $10 a month. The Virtuse platform is the easiest way to invest in crypto and gold.

Compliant

They strive to comply with all European Union laws and regulations, such as GDPR and AMLD5.SHOW MORE

Commission-free

When you own at least 10k VIRTU, you qualify for zero trading fees on all the assets.

Serious Security

They take the security with your information and your money very seriously. We store everything on a remote server with bank-level security and data encryption.

Compliant

They strive to comply with all European Union laws and regulations, such as GDPR and AMLD5.

Virtuse Exchange Mobile Support

Most crypto traders feel that desktop give the best conditions for their trading. The computer has a bigger screen, and on bigger screens, more of the crucial information that most traders base their trading decisions on can be viewed at the same time. The trading chart will also be easier to display. However, not all crypto investors require desktops for their trading. Some prefer to do their crypto trading via their mobile phone. If you are one of those traders, you’ll be happy to learn that Virtuse Exchange’s trading platform is also mobile compatible. You can download it to/from both the AppStore and Google Play