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Home » Blog » Bitinka.com Exchange Review: Is Bitinka Safe Or Legit Exchange
Best Centralized Exchange List 2025

Bitinka.com Exchange Review: Is Bitinka Safe Or Legit Exchange

Cws Team
Last updated: 27/02/2023 11:56 AM
Cws Team
4 years ago
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Disclosure: We are not a registered broker-dealer or an investment advisor. The services and information we offer are for sophisticated investors, and do not constitute personal investment advice, which of necessity must be tailored to your particular means and needs. !
Bitinka.com Exchange Review: Is Bitinka Safe Or Legit Exchange
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About Bitinka.com

Bitinka.com is South Americas first and biggest cryptocurrency alternate to carry their offerings to the unbanked. The alternate presently operates and offerings customers from Peru, Venezuela, Bolivia, Brazil, Argentina, Columbia, and Chile. BitINKA become based in 2013 with the aid of using Roger Gabriel, who had the imaginative and prescient to carry cryptocurrency to the unbanked in South America and permit human beings to buy cryptocurrencies of their neighborhood currency.

Contents
  • About Bitinka.com
    • Operating Company 
    • How To  Start With Bitinka Exchange
    • BitINKA Trading fees
    • bitINKA Withdrawal fees
    • Deposit Methods
    • Why Choose Bitinka Exchange
      • Instant Swap
      • Exchange Platform
      • Currency pairs
      • Commissions
      • Security
      • Low cost
      • Local Payments
      • Disclaimer:

Bitinka Exchange is greater than a cryptocurrency alternate as they provide cryptocurrency pockets offerings for day after day budget further to shopping for and promoting cryptocurrencies.

The alternate has advanced a sturdy recognition in South America and has even controlled to associate with neighborhood banks, monetary institutions, and neighborhood series businesses to permit speedy and stable withdrawal methods for his or her users. The alternate is in general used for buying Bitcoin with neighborhood fiat currencies, however crypto to crypto buying and selling is supported as well.

Operating Company 

Exchange NameBitinka Exchange
Support24/7
LanguageEnglish
Deposit FeeFree
Maker Fees0.50%
Taker Fees0.50%
Official SiteHomepage

How To  Start With Bitinka Exchange

To Start Trading With Bitinka Exchange Indian Residents First Have To Sign Up For An Account By Following The Steps Below.

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Step 1. Click On The “Login/Signup” Link On The Top Right Hand Corner Of The Bitinka 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.

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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 Bitinka Exchange.

BitINKA Trading fees

Never forget to check the trading fees of an exchange you want to trade at. This is muy importante. Bitinka.com Peruvian exchange’s trading fees for both takers and makers are 0.50%. This fee is above the global industry average which is around 0.25%. One should consider whether the exchange has a strong offering to investors in other respects that outweighs the disadvantage of this somewhat higher trading fee.

bitINKA Withdrawal fees

BitInka has percentage based withdrawal fees (0.002%). This means that just as with the trading fees, the fee charged when withdrawing from the platform is a percentage of the relevant amount. For trading fees, the fees are a percentage of the traded amount. For withdrawals, the fees are a percentage of the withdrawn amount. Essentially all crypto exchanges in the world have percentage based trading fees, but out of the 600+ exchanges we have listed in our Exchange List (and that have died and been moved to our Exchange Graveyard), only 15-20 have charged percentage based withdrawal fees. The rest have fixed fees (e.g. around 0.0005 BTC per BTC-withdrawal). So it’s quite unusual to have the withdrawal fee model that BitInka has.

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With the fee model that this exchange has, when you withdraw small amounts, it is beneficial to you. If you withdraw 0.01 BTC, the withdrawal fee becomes 0.00002 BTC (very low and very consumer-friendly). However, if you withdraw 10 BTC, the withdrawal fee becomes 0.02 BTC (extremely high). You should consider yourself whether this withdrawal fee suits your own trading or not.

Deposit Methods

bitINKA Exchange offers wire transfer as a deposit method, and you can also deposit via credit card (at least MasterCard deposits are available).

Why Choose Bitinka Exchange

Instant Swap

The platform with the biggest offer in FIAT pairs of the world, variety of advanced tools to INSTANTLY BUY Bitcoins, cryptocurrencies and digital tokens.

Exchange Platform

Using your local currency enter the most liquid Global markets Buy and sell Bitcoins, Ethereum, Ripple and other cryptocurrencies, fast, easy and safe.

Currency pairs

Bitinka.com offer more than 64 pairs of operations to trade Bitcoins and cryptocurrencies in Latin America, Europe and Asia.

Commissions

The platform with the biggest offer in FIAT pairs of the world, variety of advanced tools to INSTANTLY BUY Bitcoins, cryptocurrencies and digital tokens.

Security

Transactions 100% secure. Feel free to buy and sell with the awareness that your money is safe.

Low cost

Bitinka.com Make exchanges from only 0.005 BTC, buy or sell your favorite cryptocurrency at the best price.

Local Payments

They have partnered with Local Payment Platforms, Which give us access to local banks And over 200,000 Top-up Points in 5 continents.

Disclaimer:

Not All The Websites Which Listed In Top List Are 100% Safe To Use Or Investment. We Do Not Promote Any Of Those. Due Diligence Is Your Own Responsibility. You Should Never Make An Investment In An Online Program With Money You Aren’t Prepared To Lose. Make Sure To Research The Website. So Please Take Care Of Your Investments. And Be On The Safe Site And Avoid Much Losing Online.

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One of Coinworldstory's longest-tenured contributors, and now one of our editors, Verna has authored over 2600+ 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. Verna Is team Members of 9 People
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