About Bitwellex
Bitwellex is Singapore based Crypto exchange platform, it was launched in 2020. This platform supports 12 pairs of spot category trading. This platform is new, so this have only limited users in market, yet this platform is among the top 50 in coin market. Fees rate is 0.10% for both Taker and Maker. Similar fees for both makes it stable use.
Bitwellex Exchange Basic Points
Exchange Name | Bitwellex |
Accepted Payment Methods | Crypto to Crypto, Crypto to FIAT |
Language | English |
Fiat Deposit | Yes |
Deposit Fees | Free. Small deposit fees apply. |
Easy To Use | Yes |
Security | High |
Maker fee | 0.1%; |
Taker fee | 0.1%. |
Referral | 40% |
Customer Support | Available At Ticket & Live Chat |
Official Site | Homepage |
How To Start ?
How To Sign Up At Bitwellex Exchange ?
How To Deposit Fund At Bitwellex Exchange ?
How To Trade At Bitwellex Exchange ?
How To Withdraw At Bitwellex Exchange ?
How To Verify Id At Bitwellex ?
Bitwellex Fees
1.Spot trading
Maker: 0.1%;
Taker: 0.1%.
2.Options trading
Maker: 0.01%;
Taker: 0.04%.
Attachment: Options Commissions (in U)
Options Commission = min[ commission rate x personal discounts x par value per options x number of filled cont, premium x number of filled cont x 10%
That is, the options commission will not exceed 10% of the premium.
Options value = current index price * contract multiplier.
3.Perpetual
Maker: 0.02%;
Taker: 0.07%.
4.Discount
The discount rate depends on different invitation codes. It is valid for spot, options and futures trading.
Downlaod BitWell
Bitwellex is founded by senior practitioners from top Internet companies like Amazon, Tencent and Baidu, as well as world-renowned institutions such as Morgan Stanley, IBM and PayPal. Many of its members have cross-industry experience in financial transaction and blockchain technology. The integration creates a team that perfectly matches digital assets derivatives service. It is giving full play to its advantages in digital asset derivatives, and will create a fair and transparent derivatives platform which provides users with a safer, more convenient and intelligent services.
Product Feature
1. The first DeFi option in the world. Users can benefit from soaring DeFi market without holding DeFi tokens.
2. Simple option is now the most easy-to-use product in the industry. When buying options, your loss is limited while profit is unlimited, and your position will never be liquidated.
3. Various order types are provided, including touch orders, average-price order, limit order, and market price orders.
BitWell Advantages
1. High-frequency matching engines with a latency less than 0.1 millisecond and a matching capacity of 200,000 orders per second. Suitable for all derivatives, the matching engine need no change when new derivatives are launched. Even if the system is upgraded, the engine will not be shut down, so that it will not affect normal trading, and users do not sense the whole process.
2. Multi-layer cold wallet system. The assets and private keys are distributed globally. The collection and withdrawal of funds are completed by offline signatures, which provide users with funds security to the greatest extent.
3. Investor protection fund. Users will be compensated in case of market turmoil.
Why Bitwellex
Assets Security
Self-developed multi-layer cold wallet system, users’ deposit addresses are cold wallet addresses and align with industry best security standard.
High-Standard Regulation
Bitwellex High-standard Business Integrity from traditional finance industry to eliminate insider trading.
Professional Team
Team members and market makers come from top ranked in blockchain, finance and technlogy companies and focus on the user experience, fairness, and liquidity of derivatives.
High Performance and Stability
Bitwellex Designed by the team with more than 10 years of experience in derivative products, concurrency design for millions of users, and extremely low latency order matching system.