About Bithoven.com

Bithoven.com is an up-and-coming cryptocurrency exchange platform where you can buy and sell altcoins and tokens quickly, safely and beneficially. The platform offers margin trading services, high liquidity in the order book, multiple trading pairs and flawless order execution. By choosing Bithoven.com, you opt for impeccable uptime, fault tolerance and advanced functionality. Check out benefits below.

Bithoven.com is a new and exciting pure cryptocurrency platform based in the Caribbean. Its users can buy and sell more than 496 altcoins fast, securely, and with high liquidity. It ranks on the top end of crypto-to-crypto platforms in terms of trading and withdrawal fees, yet that is justified by its customer-oriented focus. It provides a superior user-experience and overall enjoyable platform for both beginners and seasoned traders.

How To  Start With Bithoven.com

To start trading with Bithoven.com ,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 Bithoven.com 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 Bithoven.com account.

Bithoven Trading fees

Trading fees are naturally very important. Every time you place an order, the exchange charges you a trading fee. The trading fee is normally a percentage of the value of the trade order. At this exchange, they don’t divide between takers and makers.

Takers are the one who “take” an existing order from the order book and makers are the ones who placed the order the taker took. Bithoven charges both takers and makers 0.20%. These fees are slightly below the industry average which is arguably around 0.25%.

Bithoven Withdrawal fees

Bithoven have already concluded that Bithoven’s trading fees are competitive enough, but how about the withdrawal fees? This exchange’s withdrawal fees are 0.0015 for BTC-withdrawals. This is above the global industry average BTC-withdrawal fee (0.000812 BTC). Accordingly, the withdrawal fees here are not as competitive as the trading fees, but as the differences between the BTC-withdrawal fee here and the global industry average BTC-withdrawal fee are quite insignificant (roughly USD 2.85 per withdrawal), they are not a strong reason to reject the exchange either.

Deposit Methods

Bithoven.com does not accept any deposits of fiat currency. You can only deposit cryptocurrency here. This means that the new cryptocurrency investors (i.e., the investors without any previous holdings of cryptocurrency) can’t trade here. In order to purchase your first cryptocurrency assets, you need a so called entry-level exchange, which is an exchange accepting deposits of fiat currency.

KYC

Bithoven.com Anti-Money Laundering (AML) and Know Your Customer (KYC) Policy (hereinafter “AML/KYC Policy”) is designated to prevent and mitigate possible risks of us being involved in any kind of illegal activity.

Crypto exchange Bithoven.com is a complex and decentralized marketplace where cryptocurrencies are traded worldwide. In order to prevent illegal money laundering and terrorist financing, Bithoven.com is fully compliant with AML/KYC Policy to avoid involvement in any kind of illegal activities.

Bithoven.com provides high-quality services to all clients by identifying and eliminating potential risks of money laundering. The effectively implemented AML/KYC rules are aimed at improving efficiency and stability in the crypto sphere and serve as a confidence-building measure for all parties.