Review of Bit Trade and Feedback on the Use of the Exchange of Digital Assets

The Bit Trade cryptocurrency exchange is the first platform intended to execute trades using the Bitbon token. The Bit Trade exchange of digital assets has been operating in the digital space for 2 years, and it has been positively evaluated by users and numerous reviews.

Bitbon, which is traded on the Bit Trade exchange, is the internal payment unit of the global Bitbon system. Various types of transactions (for now, buy and sell) with the Bitbon digital asset can be executed in the trading platform. Stable operation of the Bit Trade platform guarantees high transaction speed.

Review of the registration of a new account on the Bit Trade exchange

To take full advantage of the trading platform, it is necessary to go through a simple registration and compulsory verification. This is a mandatory security requirement in all reliable platforms. Without taking these two steps, users will have limited access to the functionality of the platform and will be able to view only external pages of the website.

Advanced Cash is the main system the Bit Trade platform works with. Users can pay for assets using numerous methods:

·     SEPA;

·     Credit/debit card;

·     Webmoney;

·     Cryptocurrencies;

·     Yandex.Money;

·     QIWI;

·     Additional method is to request an invoice, which can be replenished using a payment order.

Platform commissions:

·     Bitbon buy— 0.25% (price of token is formed every day).

·     Bitbon sell — 10% (commission fee is charged in Bitbons at the current exchange rate at the transaction execution time).

Registration is simple and takes a little time. You should pass the verification procedure to carry out all main operations.

You can register by following the link https://www.bit.trade/en/registration (interface of the platform is available in English and Russian).

To register, you just need to enter your name and e-mail, as well as to create and confirm your password.

On the next page, the following details must be provided:

·     Sex;

·     Current country of residence (and citizenship in the field below);

·     Mobile phone number (this is a mandatory field, as you will receive SMS confirmations to your mobile phone number when working with digital assets).

Next, you should read the terms of use of the platform and accept them by clicking on the corresponding checkbox. At this stage, the quick registration process is complete. There must be no questions when filling in each parameter value.

The next stage is an advanced registration procedure. It is available in “My Profile” section in the website menu. Here you can provide passport and other personal details. This step is extremely responsible, as you will not be able to change your details after it. If you need to confirm your identity, the provided details must match the real ones. Otherwise, the functionality of your Bit Trade account can be limited or blocked.

One more unique option of Bit Trade is BTSC. It is a unique value that a user creates in the settings of the Bit Trade account. Every time a user makes a transfer, he/she will be asked to enter this value, and then the transaction will be recorded in the blockchain.

Feedback on the interface and functionality of the Bit Trade exchange

As the opinion of the users of the platform is very important for the developers, its functionality is constantly improved. For example, the Quickbot service has been recently implemented, which allows users to immediately receive buy offers at the best market price.

The interface is user-friendly even for beginners: simple website navigation and no multi-level menus. All functionality is available on the first few tabs, which is very convenient. Users’ positive feedback states that competent informational and technical support is provided. The “FAQs” and “Feedback” blocks are available on the home page.

Conclusion of my review of the Bit Trade exchange

I have highly estimated the operation of the platform: simple functionality, many payment methods, intuitive interface and even more. All of this is certainly the advantages of the platform. It is also important to take into account what feedback on the platform users give — they mention transaction speed and constant improvements. Based on investors’ opinion confirmed by my own experience, I can say that it is convenient to use the platform, and users can have confidence in it. If any questions arise, the staff will provide all necessary information.