9.5 C
Friday, February 3, 2023
HomeExchangeBithesap Crypto Exchange Review: It Is Good Or Bad?

Bithesap Crypto Exchange Review: It Is Good Or Bad?

- Advertisement -

About Bithesap Crypto Exchange

Bithesap Crypto Exchange is a Turkish cryptocurrency exchange that has been active since 2017 and that offers two trading pairs: BTC/TRY and LTC/TRY. This means that there is no crypto-to-crypto trading at all. You can only buy BTC and or LTC. Accordingly, this exchange is not for people who want to trade the smaller coins. If you seek any smaller cryptocurrency, you’ll have to choose another exchange. They provides is a stock exchange platform that provides a broad spectrum of buying and selling services of bitcoin and altcoin.

Bithesap Exchange Basic Points

Exchange NameBithesap
Withdraw Fee0.0005
Deposit FeesFree. Small deposit fees apply.
Easy To Use Yes
Taker Fee0.40%
Maker Fee0.25%
Customer Support Available At Ticket & Live Chat
Official SiteHomepage

How To Start ?

How To Sign Up At Bithesap Exchange?

It Is Very Easy To Sign Up At Bithesap 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 Bithesap 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 Bithesap 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.

Bithesap Trading fees

As you know, there needs to be at least two parties in a trade. In cryptocurrency trading, Bithesap Crypto Exchange name these different parties different things (not just party one and party two). The party whose order exists on the order book prior to the trade is called the maker. The party who sees the maker’s order and decides that “yeah, that’s good enough for me and I’m gonna go ahead and accept that order” is the taker. As the makers provide the liquidity to the exchange, they are often provided with a discount on the trading fees compared to the takers. That is the case also at Bithesap.

Bithesap Crypto Exchange offers a taker trading fee of 0.40% and a maker trading fee of 0.25%. This is slightly above the industry average taker fee. The global industry average is arguably around 0.25%, so Bithesap is 60% above that.

Bithesap also offers trading fee discounts when you have a large trading volume during the preceding 30 days. Trading fees can become as low as 0.19% for takers and 0.09% for makers. That is if they have a trading volume exceeding TRY 1 million (corresponding to approx. USD 115,000). The exact trading fee discounts are set out in the below table:

Bithesap Trading Fee Discounts

Bithesap Withdrawal fees

You can’t really have a conclusive opinion on the fees charged at a certain exchange without also looking at the withdrawal fee. Bithesap Crypto Exchang echarges a withdrawal fee amounting to 0.0005 BTC when you withdraw BTC. This fee is below the industry average and constitutes an advantage for this exchange (from a customer-perspective).

Deposit Methods

Bithesap offers wire transfer as a deposit method, but you can’t deposit via credit card.

Reliable Cryptocurrency Trading platform

High Security

The most advanced security features and protection. Cold storage offline storage of digital assets.

Quick Action

Turkey’s fastest bitcoin and altcoin platform. Fastest Buy/Sell Order Transmission

24/7 Investment

Bithesap Crypto Exchang Uninterrupted service and high availability. Uninterrupted service in fast price movements

Quick Support

Quick response to your problems and needs. Fast Identity Confirmation and money transfers

Affordable Prices

The smoothest pricing and lowest market commission fees

Two -Factor Authentication

Bithesap Crypto Exchang Your account is safe with SMS verification. Usage with Google Authenticator

Bixer Simond
Bixer Simond
Bixer Is Long Term Writer & Editor At Woodfi . His Hobby Is Writing Article For Wootfi Visitors . His Main Focus Area Is Crypto , Affiliate , Blockchain , NEFT , ICO . In Free Time He Loves To Research New Things
[presto_player id=48363]

- Advertisement -