Bitcoiva Crypto Exchange Review: It Is Good Or Bad?

About Bitcoiva Crypto Exchange

Bitcoiva Crypto Exchange is one of the cryptocurrency exchanges from India. It has been up and running since 2020, so still quite a fresh addition to the crypto exchange market. You can engage in both spot trading and contracts trading here. Launched on June 2020. This is the Next-generation crypto-trading platform that supports various forms of transactions such as Fiat to Crypto trading, Crypto to Crypto trading and direct purchase option. Instant, fast and easy transactions are possible with Bitcoiva. They itself holds a coin token called as BCA (bitcoiva) which carries the volume of 21 million which is equal to Bitcoin’s volume. According to numbers This is the Fast-growing & India’s most leading crypto exchange. If you are looking for the most popular exchanges, Wootfi Recommends Cryptorunner.com

Bitcoiva Exchange Basic Points

How To Start ?

Mobile Support

Most crypto traders feel that desktop give the best conditions for their trading. The computer has a bigger screen, and on bigger screens, more of the crucial information that most traders base their trading decisions on can be viewed at the same time. The trading chart will also be easier to display. However, not all crypto investors require desktops for their trading. Some prefer to do their crypto trading via their mobile phone. If you are one of those traders, you’ll be happy to learn that Bitcoiva Crypto Exchange trading platform is also mobile compatible. You can download it from Google Play if you have an Android.

Bitcoiva Trading fees

Every time you place an order, the exchange charges you a trading fee. The trading fee is normally a percentage of the value of the trade order. Many exchanges divide between takers and makers. Takers are the one who “take” an existing order from the order book. Makers are the ones who add orders to the order book, thereby making liquidity at the platform.

Bitcoiva charges what we call flat fees, meaning that both the takers and the makers pay the same fee when it comes to spot trading: 0.25%. These spot trading taker fees are quite in line with the global industry averages for centralized exchanges. Sure, industry averages have historically been around 0.20-0.25% but they now see new industry averages emerging around 0.10%-0.15%.

Bitcoiva Withdrawal fees

Withdrawal fees are usually fixed and vary from crypto-to-crypto. If you withdraw BTC, you pay a small amount of BTC for the withdrawal. If you withdraw ETH, you pay ETH. The last time we did an empirical study of the BTC-withdrawal fees in the crypto exchange market, we found that the average BTC-withdrawal fee was 0.0006 BTC per BTC-withdrawal.

Bitcoiva Crypto Exchange charges 0.0007 BTC per BTC-withdrawal, which is somewhat above the global industry average (being 0.00059 BTC per BTC-withdrawal according to this report)

Deposit Methods

In addition to depositing cryptocurrency to the platform, Bitcoiva also lets you deposit fiat currency. However, only through wire transfer (not credit or debit card).

Seeing as fiat currency deposits are possible at this trading platform, this platform qualifies as an “entry-level exchange”, making it an exchange where new crypto investors can start their journey into the exciting crypto world.

Bitcoiva Features

Safe and Secure

Completely Configured as combating against the malicious attacks, your crypto – assets are stored securely with the user-friendly interface, wallet and its infrastructure is highly protected.

Payment Options

Users can instantly deposit or withdraw the INR, it takes just a fraction of a second. Bitcoiva Crypto Exchange offers the best payment options to the traders by means of accepting payments through IMPS, NEFT, RTGS, UPI, etc.

Instant Swap

Users can instantly swap their currencies without difficulty. Through this instant swap option, choose one crypto, fiat or asset and enter the quantity of asset you want to swap after deciding the desired cryptos you want back. 

Spot Exchange

The spot exchange is termed as spot trading, where the traders can immediately buy/sell their cryptocurrencies. The immediate transaction is done with this spot trade feature and the amount will be transferred to your wallet quickly.

Peer to Peer

Bitcoiva Crypto Exchange works in Peer to Peer mode, where the buyers can directly pay to sellers’ accounts without intermediaries and quickly buy/sell your cryptocurrencies.

Lending

Bitcoiva Crypto Exchange allows you to lend your digital assets easily with the best interest rates. Your funds get released at any time. Locked savings funds will be released after the completion date.

Referral

If you recommend your friend, you are rewarded instantly for each and every transaction done by them. Bitcoiva offers more rewards for your referrals which helps you to earn more easily.

Future Trading

Invest now and earn more in the future. Future trading creates a chance for the investors to earn more, for instance If you are investing an amount in thousands, you will certainly gain lakhs in the future.