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
- $10
- Bittime's browser-based platform
- High level of security
Our Evaluation of Bittime
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
Bittime is a high-risk cryptocurrency exchange with the TU Overall Score of 2.22 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by Bittime clients on our website, Traders Union expert Anton Kharitonov does not recommend working with this broker, as, according to reviews, most clients are not satisfied with the broker.
Bittime is a secure and reliable platform for trading and staking cryptocurrencies. With its wide range of services and high-yield opportunities, Bittime appeals to a diverse investor base. The platform prioritizes security and regulatory compliance, providing users with peace of mind and confidence in their investments.
Brief Look at Bittime
Bittime is a licensed platform that enables the buying and selling of over 200 cryptocurrencies. The platform supports popular digital assets like Bitcoin and Ethereum, and offers staking services with potential annual yields of up to 15%. Bittime employs advanced cryptographic technologies to ensure a high level of security. The platform is operated by PT Utama Aset Digital Indonesia, a registered and licensed company in Indonesia.
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- Offers a wide range of tokens, enabling trading of over 200 different cryptocurrencies.
- Prioritizes security through advanced cryptographic technologies and mandatory KYC (Know Your Client) verification for all clients.
- Offers a convenient app for trading and staking.
- Limited support for fiat currencies.
- Primary focus on the Asian market, which may limit accessibility for clients from other regions.
TU Expert Advice
Author, Financial Expert at Traders Union
Bittime offers a broad range of services, specializing in cryptocurrency trading with over 200 available tokens. Its platform supports popular Bitcoin and Ethereum, and includes staking services with potential annual yields up to 15%. Bittime operates a browser-based trading platform accessible via a mobile app, focusing heavily on security through advanced cryptographic technologies and mandatory KYC verification. The minimum deposit is $10, making it accessible for beginners and smaller investors.
However, Bittime faces drawbacks such as limited support for fiat currencies and higher-than-average fees, particularly for futures trading. The platform's primary focus on the Asian market may restrict accessibility for users in other regions. Bittime's regulatory status, while government-authorized, lacks Tier-1 oversight, which may not suffice for those seeking the highest level of investor protection. Given these factors, Bittime may be more suitable for experienced traders focused on cryptocurrency, while those prioritizing regulatory reassurance and cost-efficiency may look elsewhere.
Bittime 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: | Bittime's browser-based platform |
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📊 Accounts: | Cryptocurrency accounts |
💰 Account currency: | USD, BTC, ETH, USDT, and others |
💵 Deposit / Withdrawal: | Bank accounts and cards, and crypto wallets |
🚀 Minimum deposit: | $10 |
⚖️ Leverage: | Up to 1:10 |
💼 PAMM-accounts: | No |
📈️ Min Order: | No |
💱 Commission: |
Spot: 0,31%-0,31% Futures: Not supported%-Not supported% |
🔧 Instruments: | 300 supported coins, Futures, Fiat. |
💹 Margin Call / Stop Out: | No |
🏛 Liquidity provider: | No |
📱 Mobile trading: | The app is available for iOS and Android |
➕ Affiliate program: | Yes |
📋 Order execution: | Limit order, and Market order |
⭐ Trading features: | High level of security |
🎁 Contests and bonuses: | No |
Bittime offers trading conditions suitable for both institutional and retail investors. As a one-stop platform, Bittime allows users to trade a wide range of cryptocurrencies and tokens, providing a comprehensive suite of services for traders and investors alike.
Bittime Key Parameters Evaluation
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Regulation and safety
With a 6.75/10 score, Bittime demonstrates a moderate level of security and regulation. While the platform meets basic safety standards, it may not offer the same level of protection as higher-rated exchanges.
- 2FA
- Government-regulated
- No successful hacks history
- Cold wallet storage
- Not U.S regulated
- Not tier-1 regulated
- No investor protection fund
- No facial recognition
Bittime Security Factors
We also compared Bittime against the top two competitors with the highest scores in our overall ranking based on the most critical security indicators.
Bittime | OKX | Kraken | |
Tier-1 regulation | No | No | Yes |
Government-regulated | Yes | Yes | Yes |
Investor protection fund | No | Yes | No |
2FA | Yes | Yes | Yes |
Facial recognition | No | Yes | No |
Cold wallet storage | Yes | Yes | Yes |
Successful hacker attacks | No | No | No |
Is Bittime a regulated crypto exchange?
Bittime is regulated by a government authority, ensuring compliance with national and international standards. However, it does not hold Tier-1 regulation (e.g., in the U.S., UK, Germany, Spain, France, Australia, Singapore, or other jurisdictions with strict financial oversight). While this regulation provides an added layer of security and legitimacy, it may not offer the highest level of investor protection found in top-tier regulatory environments.
Bittime is authorized or licensed in accordance with local regulations in the following regions: Indonesia.
Is verification (KYC) mandatory at Bittime?
Yes, KYC verification is mandatory at Bittime. You will need to complete the verification process before you can open an account and access the platform's full range of services.
In which countries is Bittime available?
Bittime complies with international sanctions and regional restrictions. Services are limited or unavailable in the following countries: Spain, United Kingdom, Australia, Canada, Israel, Cyprus, Sweden, Latvia, Romania, Portugal, Switzerland, Netherlands, Singapore, France, Italy, Poland, Belgium, Norway, Czech Republic, Japan, Finland, Bulgaria, Korea, Estonia, Austria, Denmark, Germany, Lithuania, Ireland, Slovakia, Hungary. For the most up-to-date information on regional availability, please contact Bittime support.
Is Bittime available in the USA?
Yes, Bittime is available in the USA. However, availability may vary by state due to local regulations. We recommend checking the official website or contacting support for up-to-date information specific to your location.
Bittime commissions and fees
Bittime received a 6.2/10 score for its trading fees. While Bittime is not the cheapest crypto exchange, the fees remain reasonable and competitive within the market.
- Futures fees below industry average
- No deposit fee
- Spot fee above industry average
- Withdrawal fee may be applied
What are Bittime trading fees?
We analyzed Bittime’s crypto fees and compared them to the top two competitors, both of which hold high average positions in our rankings. To establish a comprehensive benchmark, we also calculated the average fee score based on an evaluation of over 100 cryptocurrency exchanges.
Bittime trading fees vs competitors
Bittime | Huobi Global | WhiteBIT | Industry average | |
Spot, maker fee (%) | 0,31 | 0,2 | 0,1 | 0.15 |
Spot, taker fee (%) | 0,31 | 0,2 | 0,1 | 0.194 |
Futures, maker fee(%) | Not supported | 0,02 | 0,02 | 0.024 |
Futures, taker fee(%) | Not supported | 0,05 | 0,05 | 0.053 |
What are Bittime deposit and withdrawal fees?
Deposit fee, % | 0 |
Withdrawal fee, % | 0,0005 BTC 0,01 ETH |
Does Bittime offer P2P trading?
No, Bittime does not support P2P transactions. However, you can explore the best alternatives in our dedicated list of top P2P exchange platforms, offering a variety of secure options for peer-to-peer transactions.
Deposit and withdrawal
Bittime received a 4/10 rating for its deposit and withdrawal services. Bittime offers limited funding options and may charge fees, which could be inconvenient for many users.
- Many cryptocurrencies for deposits and withdrawals
- No deposit fees
- Bank cards accepted for instant deposits
- No P2P transfer option
- No PayPal option
- No Google Pay option
Deposit and withdrawal options
Bittime supports the following deposit and withdrawal options: Bank card, Crypto.
Bittime Deposit and withdrawal options vs competitors
Bittime | OKX | Kraken | |
Bank transfers | No | No | Yes |
Bank card | Yes | Yes | Yes |
Crypto | Yes | Yes | Yes |
PayPal | No | No | Yes |
What is Bittime minimum deposit?
The minimum deposit at Bittime is 10 USD/USDT or 0 BTC. The minimum trade size is 0,7 USD/USDT, which also serves as the minimum amount required to start trading on the platform.
Bittime minimum deposit vs competitors
Bittime | OKX | Kraken | |
Minimum deposit, USD or USDT | 10 | 10 | 10 |
Minimum deposit, BTC | 0 | 0,0005 | 0,0001 |
Minimum trade amount, USD/USDT | 0,7 | 0,00001 | 1 |
Does Bittime support fiat money?
Bittime does not support fiat currencies; only cryptocurrencies are accepted.
Supported coins & markets
Bittime received a score of 6.5/10 in this category, reflecting a solid selection of tradable assets and markets. Bittime supports 300 cryptocurrencies and basic trading types, although some advanced features or asset diversity may be limited compared to leading exchanges.
- Staking available
- Fiat currencies supported
- Crypto futures available
- Crypto options not available
- Yield farming not available
Bittime supported coins and markets vs competitors
We compared Bittime with leading exchanges in terms of supported coins, NFT access, and derivatives like futures and options to help users assess the platform’s product range and trading flexibility.
Bittime | OKX | Kraken | |
Supported coins | 300 | 329 | 278 |
Futures/Perpetual contracts | Yes | Yes | Yes |
Options | No | Yes | No |
NFTs | No | Yes | Yes |
Bittime passive income options vs competitors
We also compared Bittime with top competitors in terms of passive income opportunities such as staking, farming, and copy trading, to help users evaluate the platform’s earning potential beyond regular trading.
Contacts
Official site | https://www.bittime.com/ |
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