Bitkub Trading Signals - TU Expert review
Trading signals are one of the best trading options for beginners and for earning passive income. Novice traders can use such signals and earn a profit, while still learning. Brokers can offer various ways of receiving signals. Traders Union analysts have prepared a detailed analysis of Bitkub trading signals. You will learn what kinds of trading signals Bitkub offers and what the conditions for using them are.
Short introduction of 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.
| 💰 Account currency: | Cryptos, THB |
| 🚀 Minimum deposit: | No |
| ⚖️ Leverage: | No |
| 💱 Spread: | Market |
| 🔧 Instruments: | Cryptos, currencies, THB |
| 💹 Margin Call / Stop Out: | No |
Bitkub Pros and Cons
👍 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.
What are trading signals?
Trading signals are signals to enter a trade, which the broker provides to traders. They can be based both on fundamental and technical analysis.
A broker can provide signals in several ways:
-
Copy trading.
-
Email alerts.
-
Signals through a blog on the website.
-
Recommendations of a personal manager, etc.
When choosing signals, it is important to take into consideration their profitability, the list of trading instruments, the conditions of their provision – fees, markup, etc.
Bitkub Trading Signals
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 | Spread (minimum value) | Withdrawal commission |
| Standard | 0.25% per order | Yes |
Conclusion
Based on the results of the analysis, Traders Union analysts have concluded that Bitkub does not have the best conditions for trading signals. The broker offers a limited choice of instruments, for which signals are provided, high fees and there are questions about signal profitability. Therefore, if you are planning to trade signals, it would be a good idea to consider another option.
- KuCoin Trading Signals
- Zaif Trading Signals
- AZAforex Trading Signals
- Delta Exchange Trading Signals
- Atani Trading Signals
- FXPRIMUS Trading Signals
- BlockFi Trading Signals
- StormGain Trading Signals
- PrimeXBT Trading Signals
- Gerchik&Co Trading Signals
- Venom by Cobra Trading Trading Signals
- Skilling Trading Signals
- Vantage FX Trading Signals - VantageFX Review byTU Expert
- AvaTrade Trading Signals
- Colmex Pro Trading Signals
- Maybank Kim Eng Trading Signals
- KIEXO Trading Signals
- Lbank Trading Signals
- VT Markets Trading Signals
- CMC Markets Trading Signals
- Libertex Trading Signals
- SimpleFX Trading Signals
- XTrend Speed Trading Signals
- UFX Trading Signals
- Forex4you Trading Signals
- BitGet Trading Signals
- FP Markets Trading Signals
- BitForex Trading Signals
- AdroFX Trading Signals
- Bilaxy Trading Signals
FAQs
Can I lose money by trading signals?
Keep in mind that there are no ideal trading signals and trading signals may lead to a loss of funds. There are always risks.
Can I subscribe to several signal providers?
As a rule, brokers allow traders to do that. It is important to subscribe to several providers or newsletters, as it helps diversify the risks.
Are there fees charged for trading signals?
Yes. As a rule, the fee is charged as a markup to the spread, or it could be a subscription fee, or a percentage of the profit, etc.
Team that worked on the article
Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.
Olga Shendetskaya has been a part of the Traders Union team as an author, editor and proofreader since 2017. Since 2020, Shendetskaya has been the assistant chief editor of the website of Traders Union, an international association of traders. She has over 10 years of experience of working with economic and financial texts. In the period of 2017-2020, Olga has worked as a journalist and editor of laftNews news agency, economic and financial news sections. At the moment, Olga is a part of the team of top industry experts involved in creation of educational articles in finance and investment, overseeing their writing and publication on the Traders Union website.