Bitkub 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
- $1
- TradingView
- Loads of crypto-to-crypto pairs, only THB is presented from fiat funds, no investment programs, a referral program with payouts of 20% of referrals commissions on a single-tier regimen
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
- $1
- TradingView
- Loads of crypto-to-crypto pairs, only THB is presented from fiat funds, no investment programs, a referral program with payouts of 20% of referrals commissions on a single-tier regimen
Our Evaluation of Bitkub
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
Bitkub is a cryptocurrency exchange with higher-than-average risk and the TU Overall Score of 3.4 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by Bitkub 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.
The Bitkub cryptocurrency exchange is a convenient trading platform focused on active trading. There is a simplified service for a quick exchange of cryptocurrency assets and an exchange trading service with a standard TradingView terminal. The platform is characterized by high user activity, modern functionality, stable operations, and a high-quality protection level of traders’ funds and personal data. There is no minimum deposit and no deposit fees. The trading commissions are not high and the withdrawal commissions depend on the asset.
Brief Look at Bitkub
The Bitkub crypto exchange offers an easy-to-use and functional service for exchanging and buying cryptocurrencies. Bitcoin (₿), Ethereum (Ξ), Tether (₮), Bitcoin Cash, Ripple, Cardano, and many other popular altcoins and tokens are available for trading on this exchange. Only Thai baht is represented from among fiat currencies. All the major deposit/withdrawal options, including e-wallets and bank accounts, are available here, plus KYC verification. The platform has low trading commissions — 0.25%, with no trading levels. There are no investment solutions on the platform. Additional (passive) earnings are possible by using a standard referral program with payouts of 20% of the referral fees.
- most popular cryptocurrencies and tokens are available for trading on the exchange;
- the pool of assets is constantly replenished, and a listing is available to users;
- the exchange is characterized by a large trading volume and high liquidity;
- commissions are lower than the market average and do not depend on the trading volume;
- TradingView browser is easy to use and intuitive;
- the exchange has an application for mobile trading for iOS and Android;
- the site is protected from DDoS attacks;
- funds are stored cold;
- support service works 24/7;
- the company has a blog that publishes news and analytics.
- the exchange does not offer investment solutions;
- there’s no call center, only tickets and email for communication;
- there are no demo accounts or on-site training for beginners.
TU Expert Advice
Financial expert and analyst at Traders Union
The Bitkub cryptocurrency exchange was launched in 2018. The head office is located in Bangkok. The company is officially registered, subject to the financial laws of Thailand. There is a valid license, and no tax fraud has been recorded. There are no open disputes with traders, no facts of non-fulfillment of the declared obligations by the exchange were revealed.
During testing, the site showed high stability even under peak loads. Servers are protected by modern methods, no facts of hacking were registered. User funds are stored cold, and the standard protection is represented by KYC verification.
The exchange has Bitcoin (₿), Ethereum (Ξ), and many other altcoins and tokenized assets. Only Thai baht is presented from fiat currencies. Funds can be deposited using other cryptocurrencies, as well as bank accounts and e-wallets. Commissions are not charged for deposits, and the exchange does not set a limit for the minimum deposit. Withdrawal commissions are standard for the segment.
Commissions for trade transactions are set at 0.25%, regardless of the asset, trading direction, or trade volume. The platform is easy to use due to the standard trading terminal. The mobile app is also easy to use and is available for devices based on the most popular operating systems: iOS and Android.
Of the disadvantages of the site, there are no demo accounts or special services for beginners (such as training programs). A relative disadvantage is a lack of other fiat currencies, except baht, and investment solutions. It is not suitable for (passive) investors.
Bitkub Summary
💻 Trading platform: | TradingView browser terminal |
---|---|
📊 Accounts: | Standard |
💰 Account currency: | Cryptos, THB |
💵 Replenishment / Withdrawal: | Bank accounts, crypto, and e-wallets |
🚀 Minimum deposit: | No |
⚖️ Leverage: | No |
💼 PAMM-accounts: | No |
📈️ Min Order: | From 0 |
💱 Commission: | Market |
🔧 Instruments: | Cryptos, currencies, THB |
💹 Margin Call / Stop Out: | No |
🏛 Liquidity provider: | No |
📱 Mobile trading: | Yes |
➕ Affiliate program: | Yes |
📋 Orders execution: | Not indicated |
⭐ Trading features: | Loads of crypto-to-crypto pairs, only THB is presented from fiat funds, no investment programs, a referral program with payouts of 20% of referrals commissions on a single-tier regimen |
🎁 Contests and bonuses: | Bug Bounty program |
The Bitkub crypto exchange does not set a minimum deposit. This means that to start trading the client only needs to register and confirm his identity. Further, the user can deposit funds in any cryptocurrency and in any amount; therefore, independently determining his own financial policy. Leverage is not provided by the site. Hence, the client can trade only their own cryptocurrencies.
Communication with technical support is carried out through the ticket system on the site (the section in the footer of the site "Complaint Channel"). There is also an email, but the company does not have a call center.Share your experience
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Commissions & Fees
Account type | Commission (minimum value) | Withdrawal commission |
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Standard | 0.25% per order | Yes |
The Crypto exchange does not charge a commission for deposits regardless of the asset and input channel (note that third-party services through which the input is made may charge a commission).
But withdrawal fees are relevant. They are directly dependent on the asset, not the channel or the volume of funds being withdrawn. For example, the commission for the withdrawal of Bitcoin is always ₿0.00057000 BTC; for the withdrawal of Ethereum, it’s Ξ0.00350000; and for the withdrawal of Cardano, it’s ADA 1.00000000. At the same time, the exchange sets the minimum withdrawal limits because the user cannot withdraw less than the number of funds provided by the rules of the site. The valid commissions and limits can always be clarified in the "Fees" section of the official website of the crypto exchange.
Broker | Average commission | Level |
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$0.25 | |
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$20 | |
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$0.1 |
Investment Programs, Available Markets, and Products of the Crypto Exchange
The Bitkub crypto exchange does not provide investment solutions. Users of the site can earn from active trading, exchange trading. The only possible option of passive earnings is its referral (affiliate) program.
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.
Bitkub’s affiliate program
The Bitkub cryptocurrency exchange offers a standard referral program. Anyone can take part in it. You need to register, get verified, and go to the "Referral" section. There you will receive a personal referral link and a QR code. You can place them at any site without any restrictions.
Every new user who registers at the exchange by following the referral link or by using a QR code becomes your referral to the exchange and will bring you a regular income of 20% of all his trading commissions. For example, if a referral's commission makes $10, it will provide the user who invited this referral with $2 income. Referral payments are made promptly in the transaction currency.
The program is single-tier. This means that the exchange client receives payments only for users he invited. He can not receive payments for users that were invited by his referrals. There is no limit on the number of referrals, and a client can invite as many users as he wants and receive payments from each of them. The program is open-ended, that is, referrals remain a source of passive income as long as they trade on the site.
User Satisfaction