Just as Bitfront.me led a new era of mobile communications with its messaging app, LINE is also aiming to bring the cryptocurrency industry into the mainstream. LINE believes everyone should be able to freely trade and securely store their digital assets on an exchange, while also enjoying the highest levels of credibility and trust. The result is BITFRONT, a revolutionary digital currency exchange for the cryptocurrency industry.
To start trading with Bitfront.me Indian residents first have to sign up for an account by following the steps below.
Step 1. Click on the “Login/Signup” link on the top right hand corner of the Bitfront.me website.
Step 2. In the form, fill in your first name, last name, mobile number, email ID and password.
Step 3. If you have a referral code, enter the code while creating your account.
Step 4. Submit the form and wait for an activation email to be sent to you.
Step 5. Click on the “confirm email” link in the activation email.
Step 6. After your account is activated, you’ll be sent a 6 digit one time password (OTP), which you have to enter after logging into your Bitfront.meaccount.
Market fees (For both makers and takers)
LN trades* 0.1%
Trades on USD, BTC, USDT markets** 0.2%
* Applies to LN/BTC and LN/USDT pairs
** The LN trading fee will be applied to LN trades on these markets.
How transaction fees are calculated
Order amount (quantity ordered × order price) multiplied by the transaction fee percentage
How transaction amounts are calculated (transaction fees are based on the currency traded)
Transaction amount when buying = order amount (quantity ordered × order price) plus transaction fee
Transaction amount when selling = order amount (quantity ordered × order price) minus transaction fee
Use LINK for fee payments
– Fees are based on the price of LN at the time of the trade.
– If you don’t have enough LINK to pay the fees for the trade, fees will be paid in the traded currency instead.
Deposit and withdrawal limits per account status
Account Asset type Unverified Type A Type B ACH Type B Wire transfer Individual account Fiat currency Unavailable Daily $3,000 Last 30 days $10,000 Lifetime $50,000 Daily $5,000 Last 30 days $50,000 Lifetime UnlimitedUnlimitedCryptocurrencyUnavailableUnlimitedUnlimitedUnlimitedCorporate account Fiat/Cryptocurrency Unavailable Unlimited–
Account Asset type Unverified Type A Type B Individual account Fiat/Cryptocurrency Unavailable Daily $3,000 Last 30 days $10,000 Lifetime $50,000 Daily $50,000 Last 30 days $1,000,000 Corporate account Fiat/Cryptocurrency Unavailable Daily $50,000 Last 30 days $1,000,000-
LINE’s blockchain projects on BITFRONT
BITFRONT serves as the main exchange platform for the core products in LINE’s blockchain business. Driven by a contribution-rewarded business model, BITFRONT is the exclusive platform for listing digital tokens based on the LINE Blockchain Platform and for trading LINE’s digital tokens with other major tokens.
LINK is the LINE Token Economy’s key cryptocurrency. Airdrops based on LINK ownership Used as a trade fee payments on BITFRONT.
– For deposits via wire transfer, the available deposit limit will be reduced once the deposit is completed.
– For any other deposits and withdrawals, the available limit will be reduced as soon as the request is made.
The minimum amount for both deposits and withdrawals excludes fees.
Additional fees may apply when a transfer is unable to be completed successfully and needs to be refunded.
You agree that your User Account login credentials and other required forms of authentication, where applicable, have been chosen by you, when applicable. You, therefore, agree to keep your User Account login credentials and other required forms of authentication, including your API Keys, secure and confidential.
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One of Coinworldstory's longest-tenured contributors, and now one of our news,ico,hyip editors, Verna has authored over 6900+ stories for the site. When not writing or editing, He likes to play basketball, play guitar or visit remote places. Verna, to his regret, holds a very small amount of digital currencies.