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Is Bitci a Good Crypto Exchange for Beginners?

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Is Bitci a Good Crypto Exchange for Beginners?

Updated: February 01, 2025

Mikhail Vnuchkov

Contributor

Reviewed by

Olga Shendetskaya

Editor

Full Bitci
overview

Bitci's Top Features for Beginners

Bitci’s beginner-friendly features, such as a demo account, low minimum deposit, educational materials, copy trading, staking, a user-friendly mobile app, customer support, fiat deposit and withdrawal options, and low fees, were compared against the top two competitors to ensure a comprehensive evaluation.

	Bitci	OKX	Kraken
Demo account
Minimum deposit, USD or USDT	10	10	10
P2P exchange
Spot maker fee	0,1	0,08	0,25
Fiat transactions
Bank cards
Commissions and fees	7	9.25	6.2
Educational tools
Crypto bonuses
Staking
Copy trading
	Study review	Open an account Your capital is at risk.	Open an account Your capital is at risk.

Why We Focused on Comparing These Beginner-Friendly Features:

Demo account – Allows beginners to practice trading without risking real funds, helping them gain confidence and understand the platform.

Minimum deposit, USD or USDT – Ensures low entry barriers, making it affordable for newcomers to start trading with a small initial investment.

P2P exchange – Enables direct cryptocurrency trading between users, often with no intermediaries, providing a straightforward and accessible way to trade.

Spot maker fee – Highlights competitive trading fees for placing limit orders, which is cost-effective for those starting with spot trading.

Fiat transactions – Simplifies the process of depositing and withdrawing funds using local currencies, making it convenient for first-time users.

Bank cards – Provides an easy and familiar way for beginners to fund their accounts quickly using Visa or Mastercard.

Commissions and fees – Transparent and competitive fee structures help beginners calculate costs and avoid unexpected charges.

Educational tools – Tutorials, webinars, and guides equip beginners with the knowledge needed to trade confidently and effectively.

Crypto bonuses – Offers incentives like signup rewards or deposit bonuses, encouraging newcomers to explore trading.

Staking – Allows beginners to earn passive income on their holdings, introducing them to advanced cryptocurrency features with minimal effort.

Copy trading – Lets new traders learn by replicating the strategies of experienced traders, reducing the learning curve.

Short summary about the broker Bitci

The Bitci exchange is a regional cryptocurrency platform launched in Turkey in 2018. It offers a standard set of trading tools such as cryptocurrencies for active trading, including top coins and fan tokens as well as staking of their proprietary Bitcicoin. Trading is carried out through their browser platform, which is presented in three variations: a buy/sell terminal, a standard platform, and a platform for professional trading with charts and TradingView tools. The arsenal of trading instruments is more than 60 cryptocurrencies, the largest turnover — more than 50% — falls on Bitcicoin and fan tokens. The total daily turnover is 400-800 thousand USD. The exchange rating according to CoinMarketCap is 3.5 out of 10.

💰 Account currency:	Turkish lira (TRY), cryptocurrencies
🚀 Minimum deposit:	$1
⚖️ Leverage:	1:1
💱 Spread:	Market
🔧 Instruments:	Cryptocurrencies
💹 Margin Call / Stop Out:	No

Bitci Pros and Cons

👍 Advantages of trading with Bitci:

•Relatively low commission for exchanging cryptocurrencies among its users. Average market commission for transactions with cryptocurrencies and fiat money.

•Guaranteed redemption of fan tokens by the exchange within 6 months.

•High partner reward of up to 25% of the referral commission.

•Opportunity to win coins when participating in draws.

👎 Disadvantages of Bitci:

•There is a commission for withdrawing money.

•A relatively small selection of trading assets.

Trading Conditions for Bitci Users

Before you start working with an exchange, it is important that you evaluate its trading conditions. Bitci offers traders the following conditions.

Minimum deposit, USD or USDT	10
Futures leverage	Not allowed
Spot leverage
Coins Supported	126
Affiliate program
Replenishment / Withdrawal	Cryptocurrencies
Trading features	There are fan tokens and proprietary Bitcicoin cryptocurrency
	Study review

Bitci's Fees

We compared XXX's fees with the top two competitors to provide a clear understanding of how affordable the exchange is for its users.

	Bitci	OKX	Kraken
Spot Taker fee, %	0,2	0,1	0,4
Spot Maker fee, %	0,1	0,08	0,25
Futures Taker fee, %		0,05	0,05
Futures Maker fee, %		0,02	0,02
Withdrawal fee	0,0005 BTC 0,01 ETH	0,0004 BTC 2,6 USDT	0,0005 BTC

The size of commissions and fees is also an important factor of choice. Traders Union analysts have prepared a short review of Bitci commissions and fees. In this section, you will find trading fees of the exchange as well as withdrawal fees.

Information

The analysts at the Traders Union conducted a comparative analysis of the commissions of the Bitci exchange and compared them with the tariff policy of its competitors. For exchange operations “cryptocurrency/cryptocurrency”, the commission of takers/makers is 0.15%/0.10%, respectively. For exchange operations “cryptocurrency/fiat”, the commission of takers/makers is 0.20%/0.15%. These commissions are charged subject to the volume of transactions per month in the amount of 0 to 100,000 Turkish liras. The larger the trading volume, the lower the commission. There is also a commission for withdrawing money, which is fixed in the withdrawal cryptocurrency.

Account type	Spread (minimum value)	Withdrawal commission
Standard	0.15%	Yes

Investment programs of Bitci

It is important for novice traders not only to trade actively, but also earn passive income. Passive investing can help you earn extra profit, and also compensate for the losses you may incur as a result of active trading. Bitci offers the following passive income options.

The platform has two instruments that can be classified as an investment. The first is fan tokens. These are coins issued and placed on the exchange by individual teams related to sports. For example, tokens of the Turkish Basketball Federation or the Brazil national football team. Some of them can be purchased on a few exchanges, including Bitci. Some of them are not included in the CoinMarketCap rating, but Bitci provides a 100% buyback guarantee. For investors, buying fan tokens is an opportunity to support their favorite team or sport and receive discounts on tickets, team football merchandise, etc.

Bitcicoin staking | Purpose and mechanism of investment

The second investment tool is staking Bitcicoin, the exchange’s proprietary cryptocurrency. The coin is a means of payment within the ecosystem, with which you can buy fan tokens and other cryptocurrencies with minimal commissions.

Types of staking tariff packages:Fixed. Coins are blocked for a period of 30, 60, 90, or 180 days. Profitability is 12% - 36% per annum. The longer the coins are staked, the higher the profitability.

Flexible. Coins are fixed in staking for any period specified by the investor without a rigid reference to the period. Profitability is 6% per annum.

Staking is similar to a deposit. The investor buys coins and activates staking. Coins are blocked for a selected period, they participate in maintaining the liquidity and operability of the network, for which the investor receives interest at the end of the term.

Important!

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 thedeal and all the steps from signing up to withdrawal of profits.

Bitci’s affiliate program

This is a classic referral program that offers up to 25% reward for an attracted user. Check with the support service for more details. There are no special tools for analyzing partner statistics in the user account.

Conclusion. Is Bitci good for beginners?

The Bitci cryptocurrency exchange will be an excellent choice for beginners. The exchange offers a convenient trading platform, which a beginner can learn to work with rather quickly. There is an excellent education center with a large number of materials for novice traders. Also, traders can earn passive income on good conditions. Therefore, Bitci could be considered as a good cryptocurrency exchange for a start.

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FAQ

What do I need to know about the fees charged by cryptocurrency exchanges?

The majority of cryptocurrency exchanges use the Maker/Taker fee model. As a rule, they use a multi-level system for traders that depends on the trading volume. The higher the trader’s trading volume, the lower the fees.

How do I choose a reliable cryptocurrency exchange?

Crypto exchanges mostly operate without licenses, as the majority of countries haven’t adopted legislation to regulate them. In order to choose a reliable exchange, you need to find out about its reputation and read the reviews about user experiences with it.

How many cryptocurrencies could a crypto exchange offer?

The number of cryptocurrencies on the listing of a cryptocurrency exchange may be very different. Some platforms offer less than 10, while others – several hundreds. It is important that you check the choice of cryptocurrency before registering on the exchange.

What are the risks of investing in cryptocurrencies?

Investing in cryptocurrencies carry high risks due to their high volatility. It could cause substantial losses, which is why it is important to observe the rules of risk management.