Bitoffer Crypto Exchange Review: It Is Good Or Bad?

About Bitoffer

BitOffer is a newer addition to the gang of Hong Kong cryptocurrency exchanges. There is a large number of Hong Kong cryptocurrency exchanges, as the country has been one of crypto’s strongholds since early on. In addition to this exchange, the list also includes (but is not in any way limited to) the industry-leader Binance.

Bitoffer Crypto Exchange is a cryptoasset exchange located in Hong Kong. Their volume over the last 24 hours is $5.18B. They have 73 markets, with the most popular markets (trading pairs) being BTC/USDT, ETH/USDT, and ETH/BTC. The exchange is rated “C” which means “Fair.” Out of 504 exchanges, they are ranked #127 by transparency and volume. BitOffer accounts for 1% total volume in the cryptosphere indexed by us. They are a crypto-only exchange.

Bitoffer Crypto Exchange Basic Points

How To Start ?

How To Sign Up At Bitoffer Crypto Exchange ?

It Is Very Easy To Sign Up At Bitoffer Exchange . Just Click On Sign Up Button At Website .Fill Registration Form With Correct Details Like Your Email , Phone Number , Password Etc . Once You Fill All Data You Get Verification Link At Your Email . Just Verify Your Link For Successfully Verification.

How To Deposit Fund At Bitoffer Exchange ?

Once your account has been verified, click on the ‘DEPOSIT’ button, which you’ll find at the top right-hand side of the screen. Choose which currency you want to deposit and then you will be provided with the Wallet details that you need to transfer the funds to .

How To Trade At Exchange ?

Once your account is funded, you can then begin day trading at Valr. Click on the ‘TRADING’ button at the top of the screen, and you will be taken to the main trading area. You now need to select the trading pair that you want to trade. Finally, enter the amount that you want to buy, decide whether you want to do a ‘market order’ or ‘limit order’, and then place your trade.

How To Withdraw At Bitoffer Exchange ?

Withdrawing your funds from Swipe is very easy. Go to the “Withdraw” window, select the asset you want to take out and fill all the required fields. Note that you won’t be able to withdraw currencies if you haven’t secured your account with 2FA and/or whitelisted addresses.

BitOffer Trading fees

OK so this is where it gets really interesting. Bitoffer Exchange trading fees. It has the same trading fees for takers and makers: 0.0005 BTC. This is a very common withdrawal fee, but quite rare as a trading fee. The trading fees are almost always expressed as percentages of the trade’s value. Whether or not it is good or bad to you depends on the size of the trade. In a larger trade, this is a very impressive and consumer friendly fee. In a smaller trade, it is the opposite.

BitOffer Withdrawal fees

BitOffer charges a withdrawal fee amounting to 0.0005 BTC when you withdraw BTC. This fee is roughly 40% lower than the global industry average (0.000812 BTC) and is thereby also a nice consumer-friendly feature of this trading platform.

Deposit Methods

At Bitoffer Exchange you can deposit fiat currency via wire transfer, but not via credit card. Accordingly, if you for some reason would prefer to deposit to your choice of trading platform via your credit card then you need to find another exchange.  Don’t worry though, you can find an exchange that accept credit card deposits simply by using Exchange Finder tool.

However, as this exchange at all accepts fiat currency deposits, it qualifies as an “entry-level exchange” where new cryptocurrency investors can take their first steps into the thrilling cryptocurrency world.

Advantages You Can Take from BitOffer

1. 50 USDT Welcome Bonus for Each New Registration to Start Trading without Any Burden.

2.7/24 Online Communities Push Perfect Cryptocurrency Market Analysis

3. Constant Bonus Campaigns

4. Worldwide Account Managers with Multilingual One-to-one Assistance

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ETF

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Dual Currency

Dual-Currency launched by BitOffer is a non-principal protected investment product with floating returns. Investors don’t have to predict the direction of the market since they can earn stable returns whether the market pumps or dumps. Besides avg daily return in 0.2% to 1%, it also supports different tenors for users to set up a flexible investment plan.

Quantitative Fund

BitOffer and Goldman Sachs launch the Quantitative Fund. It promise the capital and interest to help investors gain 20%fixed annualized yield. With the professional team, your asset will grow in a better way than traditional finance.