Bitexbook Review 2024
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- $0.1
- Proprietary platform
- Cryptocurrency pairs and crypto/fiat currency pairs are available
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- $0.1
- Proprietary platform
- Cryptocurrency pairs and crypto/fiat currency pairs are available
Our Evaluation of Bitexbook
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Bitexbook is a cryptocurrency exchange with higher-than-average risk and the TU Overall Score of 4.12 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by Bitexbook clients on our website, Traders Union expert Anton Kharitonov recommends users to consider a more reliable broker with better conditions, as, according to reviews, many clients of this broker are not satisfied with the company’s work.
Bitexbook is a cryptocurrency exchange with three types of asset transactions, such as trading, exchanges, and Bitex codes. For trading, the company offers a trading web platform and a mobile application.
Brief Look at Bitexbook
Bitexbook has been operating in the financial services market for more than 5 years. The company is registered in Saint Vincent and the Grenadines, is part of StreamCapital Partners holding company, and is a member of the High Tech Park, which is a special tax and legal regime of the Republic of Belarus. The exchange offers trading such popular cryptocurrencies as Bitcoin, Tether, Ethereum, and others, as well as cryptocurrency/fiat asset pairs.
- Availability of 80 trading pairs;
- Support for fiat currencies;
- Partnership program with rewards of up to 80% of the exchange’s fee;
- High-security level due to two-factor authentication (2FA);
- Free transfer of funds between user accounts using Bitex codes;
- 24/7 technical support.
- Fees for takers with small trading volumes up to 0.25%;
- Lack of investment programs;
- Restrictions for basic and anonymous account verification status.
TU Expert Advice
Financial expert and analyst at Traders Union
Bitexbook is a client-oriented cryptocurrency exchange, therefore, it provides favorable trading conditions, fast order processing, and prompt technical support. Throughout the entire period of the exchange’s activity, there were no serious complaints about the quality of its services.
The company provides 80 trading pairs (crypto/fiat and crypto/crypto) and flexible conditions, depending on volume. For makers, there are no fees; for takers, fees are 0%-0.25%. When trading the the nativeBPCoin, you can purchase a subscription and reduce the fee to 0%-0.1%. Also, when buying Silver and Gold packages, clients receive a rebate of 0.22%-0.25% for maker orders.
Bitexbook provides an opportunity not only to trade assets but also to use the cryptocurrency exchange service. Deposits and withdrawals can be made to bank cards, crypto wallets, and through various payment services. Bitexbook also has a two-level partnership program, and its White Label program provides the opportunity to create your own business with technical support and liquidity.
Bitexbook Summary
Your capital is at risk. Cryptocurrency trading can be extremely risky. Cryptocurrency trading can lead to large and immediate financial losses. The volatility and unpredictability of the price of cryptocurrency relative to fiat currency may result in significant loss over a short period of time. Transactions in cryptocurrency may be irreversible, and, accordingly, losses due to fraudulent or accidental transactions may not be recoverable. The nature of cryptocurrency may lead to an increased risk of fraud or cyber attack.
| 💻 Trading platform: | Proprietary mobile and web platform |
|---|---|
| 📊 Accounts: | Standard |
| 💰 Account currency: | USD, RUB, UAH, BTC, cryptocurrencies, and BPCoin |
| 💵 Replenishment / Withdrawal: | Crypto wallets, Visa, Mastercard, WebMoney, GEO Pay, Advcash, and Bitex codes |
| 🚀 Minimum deposit: | $0.1 |
| ⚖️ Leverage: | Up to 1:50 |
| 💼 PAMM-accounts: | No |
| 📈️ Min Order: | No |
| 💱 Commission: | 0-0.25% |
| 🔧 Instruments: | Cryptocurrencies, fiat currencies (USD, RUB, BTC, and UAH), and BPCoin |
| 💹 Margin Call / Stop Out: | 10% |
| 🏛 Liquidity provider: | No |
| 📱 Mobile trading: | Yes |
| ➕ Affiliate program: | Yes |
| 📋 Orders execution: | Limit and market execution |
| ⭐ Trading features: | Cryptocurrency pairs and crypto/fiat currency pairs are available |
| 🎁 Contests and bonuses: | Yes |
Bitexbook offers 80 trading pairs, spot trading (between market participants), P2P (peer-to-peer) exchange, and intra-exchange transfer using Bitex codes.
Share your experience
- Best
- Last
- Oldest
Commissions and fees
| Account type | Commission (minimum value) | Withdrawal commission |
|---|---|---|
| Standard | 0.125% | Yes |
Also, TU’s analysts compared Bitexbook’s fees with two other cryptocurrency exchanges and compiled a comparative table with the following results.
| Broker | Average commission | Level |
|---|---|---|
|
$0.125 | |
|
$6 | |
|
$20 |
Investment Options
Investment Programs, Available Markets, and Products of the Crypto Exchange
Currently, the company does not offer any investment programs. However, the exchange has its native BPCoin, the use of which provides for the accrual of 15% per annum on the account balance.
If you are a large investor and plan on investments over $10,000, contact us at vip-invest@tradersunion.com or by the feedback form on our website. Our professional team will take you through all the intricacies of the deal and all the steps from signing up to withdrawal of profits.
Partnership program from Bitexbook
White Label. This is a ready-made solution for creating a cryptocurrency exchange in just 60 days. The company provides its infrastructure and technical support for starting a business, allows connecting to a liquidity aggregator, and guarantees the safety of client funds;
Two-level referral program. The company pays a percentage of its own fee for trading volumes of attracted clients and second-level referrals (clients who were attracted by referees). Partnership rewards for referrals of the first level depend on the trading volume and range from 50% (when trading up to 5 BTC) to 60% (when trading from 100 BTC). For referrals of the second level, the rewards are from 10% (when trading up to 15 BTC) to 20% (when trading from 500 BTC). Fees are calculated daily and are available for withdrawal.
For partners, there is a unique offer that provides for receiving a double partner reward on an ongoing basis. To do this, attract 10 referees, who fund their accounts with 0.01 BTC. As soon as their trading volume reaches more than 2 BTC, and partners enter the first 1,000 of those who have fulfilled these conditions, they will receive a double partner reward.
User Satisfaction