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Bitfront.me Cryptocurrency Review : Professional Desktop Trading Support

Verna by Verna
March 19, 2020
in Uncategorized
Reading Time: 4 mins read
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bitfront.me
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About Bitfront.me

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.

Operating company 

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Exchange name Bitfront.me
Support 24/7
Language English
LN Trade   0.1%
Withdraw fee N/A
Trade USD, BTC, USD
Official site https://www.bitfront.me/

How To  Start With Bitfront.me

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.me account.

Transaction fees

  • 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

  • Deposits
  • 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–
  • Withdrawals
  • 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

LINK is the LINE Token Economy’s key cryptocurrency. Airdrops based on LINK ownership
Used as a trade fee payments on BITFRONT.

Limits reset at midnight (UTC+0).

  • Changes to available deposit limits
  • – 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.

Fiat currency

  • 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.

Security

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. 

Article Disclaimer

The Information Presented Here Does Not Constitute Investment Advice Or An Offer To Invest. The Statements, Views, And Opinions Expressed In This Article Are Solely Those Of The Author/company And Do Not Represent Those Of Coinworldstory. We Strongly Advise Our Readers To Do Your Own Research (DYOR) Before Investing In Any Cryptocurrency, Blockchain Project, Or Ico, Particularly Those That Guarantee Profits. Furthermore, Coinworldstory Does Not Guarantee Or Imply That The Cryptocurrencies Or Projects Published Are Legal In Any Specific Reader’s Location. It Is The Reader’s Responsibility To Know The Laws Regarding Cryptocurrencies And Icos In His Or Her Country. Please Respect Your Country Law & Take Advice From Your Advisor .

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Verna

Verna

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.

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