Launched on 6/4/2020, Bitwellex.com is a global crypto derivatives exchange based in Singapore. It supports spot, option trading and expects to support futures trading soon. Bitwellex Is Singapore Based Crypto Exchange Platform, It Was Launched In 2020. This Platform Supports 12 Pairs Of Spot Category Trading. This Platform Is New, So This Have Only Limited Users In Market, Yet This Platform Is Among The Top 50 In Coin Market. Fees Rate Is 0.10% For Both Taker And Maker. Similar Fees For Both Makes It Stable Use.
To Start Trading WithBitwellex.comExchange 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 Bitwellex.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 Bitwellex.com.
Fee Structure on BitWell
1.Spot trading Maker: 0.1%; Taker: 0.1%.
2.Options trading Maker: 0.01%; Taker: 0.04%.
Attachment: Options Commissions (in U)
Options Commission = min commission rate x personal discounts x par value per options x number of filled cont, premium x number of filled cont x 10%
That is, the options commission will not exceed 10% of the premium.
Options value = current index price * contract multiplier.
3.Perpetual Maker: 0.02%; Taker: 0.07%.
4.Discount The discount rate depends on different invitation codes. It is valid for spot, options and futures trading.
Bitwellex Self-developed multi-layer cold wallet system, users’ deposit addresses are cold wallet addresses and align with industry best security standard.
High-standard Business Integrity from traditional finance industry to eliminate insider trading.
Bitwellex Exchange Team members and market makers come from top ranked in blockchain, finance and technlogy companies and focus on the user experience, fairness, and liquidity of derivatives.
High Performance and Stability
Designed by the team with more than 10 years of experience in derivative products, concurrency design for millions of users, and extremely low latency order matching system.
BitWell.com is going to upgrade the referral program from now on. Invite your friends to register and trade on BitWell, the inviter and the invitee can share up to 40% of the trading referral commissions.
New Referral Discount
The referral ratio for each product line are as follows:
Bitwellex Invitees can set their own commission percentage and the invitee’s commission discount percentage by themselves, and share after setting.
For example, if the maximum referral percentage of spot is 40% off, the inviter can set their own commission percentage to 32% off and the invitee’s rebate commission discount to 8% off, or other settings according to their needs.
The referral for spot, options and perpetual is calculated based on the actual commission generated by the invitee for each trade; the referral for Savings is calculated based on the financial reward received by the invitee on the previous day.
Both referral commissions and trading fee discounts are valid for 365 days from the invitee’s registration time.
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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.