Bitkub Review 2024

3.4/10
TU Overall Score
The purpose of creating the TU Overall Score is to make the search for secure and reliable brokerage companies easier for the visitors of our website. We believe that it is a very important mission as, unfortunately, not every company in the financial industry is worthy of trust.

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
Minimum deposit:
  • $1
Trading platform:
  • TradingView
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
Updated:
3.4/10
TU Overall Score
The purpose of creating the TU Overall Score is to make the search for secure and reliable brokerage companies easier for the visitors of our website. We believe that it is a very important mission as, unfortunately, not every company in the financial industry is worthy of trust.

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
Minimum deposit:
  • $1
Trading platform:
  • TradingView
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
flag
Bitkub isn't available in United States
Check out the best Crypto exchanges

Our Evaluation of Bitkub

3.4/10
TU Overall Score
The purpose of creating the TU Overall Score is to make the search for secure and reliable brokerage companies easier for the visitors of our website. We believe that it is a very important mission as, unfortunately, not every company in the financial industry is worthy of trust.

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
Traders Union icon

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.

Advantages of trading with Bitkub:
  • 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.
Disadvantages of Bitkub:
  • 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

Anton Kharitonov

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.

User Satisfaction

Share your experience

  • Best
  • Last
  • Oldest
Avatar
Avatar
daclac
2 years ago

I am just starting in the digital currency market, so I work with Bitkub in the hope of future prospects, since with little capital the conditions here are not much different from its competitors. I consider it a disadvantage that the brokerage commission cannot be reduced to zero during active trading. There is no margin trading here, so you have to rely only on your capital. I understand that to get a normal income, you will need to invest more than one hundred dollars. So far, I don’t have such an opportunity, and the broker is not licensed, so I haven’t decided yet whether I can trust Bitkub with a large amount.

Avatar
Avatar
Faidi
2 years ago

I’ve been with Bitkub for a few months and am completely satisfied with the execution speed and great software. Even the mobile application has all the tools for a full analysis and transaction support. Commissions are only taken from profitable trades and are fixed at 0.25% in both directions, which is a little unfair for merchants. I am satisfied with the support service, which you can contact at any time of the day and get timely assistance. I don’t have much experience, so I would like to see sections on the Bitkub website with analytics and strategy analysis, etc. Everything else is OK.

Avatar
Avatar
Neworiam
2 years ago

I ended up on Bitkub by accident and for the sake of curiosity, I followed a referral link. Registration took no more than 5 minutes, and by the evening I received my first profit. In my opinion, it is unfair that the commission for sellers is the same as for buyers. And it cannot be reduced several times with large trading volumes, like with other brokers. But in principle, the size of the commission is standard, so with reasonable trading, you can earn money here. It is a pity that the broker does not provide leverage, so without a tidy sum on the deposit, you will not accelerate. But if you trade exclusively with your own funds, then I recommend Bitkub.

Avatar
Avatar
erob1953
2 years ago

You can start trading with the Bitkub broker with any amount, so to check how it fulfills the stated conditions, I opened an account for a meager amount. I immediately failed because I did not take into account that Bitkub does not provide leverage and you can only rely on your hard-earned money. From the second run, it started working. But, it seems to me that the lack of a demo account is still a minus. If there was a demo account, perhaps I would test the service and execution of Bitkub for a while. My conclusion after several months of trading here is: the broker does not interfere with trades, orders are executed quickly, and profit is paid quickly. In a word, you can and should work with Bitkub.

Avatar
Avatar
berina2011
2 years ago

This is a fraudulent company, beware of it. They blocked my account, did not withdraw any profit or their deposit. They lure with good analytics, they ... how much you earn from them, they live for your money.

Avatar
Avatar
sajid092
2 years ago

I like to try new strategies for different assets, which differ in their liquidity. The Bitkub exchange has a free listing of financial instruments, so assets are constantly updated. I don’t worry about my funds, since the broker keeps most of them in cold wallets. As for the conditions of Bitkub, they are not inferior to the leading brokers, and in some respects even surpass them. For example, for withdrawing funds in Bitcoins, the commission is fixed and amounts to only ₿0.00057. I recommend Bitkub, as I consider it a decent broker with good conditions.

Avatar
Avatar
anasroni
2 years ago

It's strange that Bitkub doesn't offer brokerage commission discounts for makers. Usually, there are other ways to reduce fees, but that is not possible here. This is the only negative that I have found with this broker so far. Otherwise, the conditions at Bitkub are excellent. The performance is also top-notch. The good news is that you can withdraw profit not only to crypto wallets but also through ordinary electronic payments. There are no non-trading fees other than a small withdrawal fee. There are shortcomings in small things, but if you wish, you can find fault with any broker, so I think Bitkub is an excellent crypto exchange.

Commissions & Fees

Information
The Bitkub cryptocurrency exchange charges a commission for all trades that are made on its site. The assets used, transaction volume, and the user's total trading volume for the current month do not matter. The fee is fixed at a universal 0.25%. It can be lowered only through rebates from the Traders Union.
Account type Commission (minimum value) Withdrawal commission
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
$0.25
Medium
$20
High
$0.1
Low

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.

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 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.

Latest Bitkub News

01.04.2024
Mirjan Hipolito
Crypto exchange Bitkub plans IPO next year
​Thailand's largest crypto exchange, Bitkub, has announced its plans to hold an initial public offering (IPO) in 2025. Bitkub intends to raise the
Articles that may help you
Is Crypto.com Safe? Is it Legit or Scam?
Coinbase Bonus Programs and Promo
Binance Fees Explained
How to Use Binance: A Step-By-Step Guide
Crypto.com Fees Explained
KuCoin Fees Explained
6 Best Crypto Social Trading Platforms 2024
Best Crypto Scalping Strategies and Tools for Beginners
TOP 10 Best Penny Cryptocurrency to Invest in 2024
Check out our reviews of other companies as well

Team that worked on the article