Bitexbook Review 2023 - Is It Safe?

Bitexbook is a cryptocurrency exchange that allows users to trade a variety of cryptocurrencies, including Bitcoin, Ethereum, Litecoin, Ripple, and more. The exchange was launched in 2018 and is registered in the Seychelles. It aims to provide a fast, secure, and user-friendly platform for trading digital assets. In this review, we will take a closer look at the features, fees, security, and user experience of Bitexbook.

User Interface:

Bitexbook has a user-friendly interface that is easy to navigate, even for beginners. The trading platform is well-organized, and the charts and order books are easy to read. The platform offers two different trading views: basic and advanced. The basic view is suitable for beginners and displays essential information such as the latest price, high and low of the day, and the 24-hour trading volume. The advanced view is suitable for experienced traders and offers more advanced features such as order history, order book, and charting tools.

Supported Cryptocurrencies:

Bitexbook supports a wide range of cryptocurrencies, including Bitcoin, Ethereum, Litecoin, Ripple, and more. Users can also trade a variety of lesser-known altcoins. The exchange offers over 40 cryptocurrency pairs, which means that users have a lot of options when it comes to trading. This is a significant advantage for traders who want to diversify their portfolio.

Fees:

Bitexbook charges a flat fee of 0.1% for all trades, which is relatively low compared to other cryptocurrency exchanges. There are no fees for deposits, but withdrawals incur a fee that varies depending on the cryptocurrency. The fees are displayed on the withdrawal page, so users can see the exact amount they will be charged before making a withdrawal.

Security:

Bitexbook takes security seriously and has implemented several measures to ensure the safety of user funds. The exchange uses two-factor authentication (2FA) to protect user accounts, and all sensitive information is encrypted. The exchange also stores the majority of user funds in cold storage, which is an offline wallet that is not connected to the internet. This means that even if the exchange is hacked, the majority of user funds will be safe.

Customer Support:

Bitexbook offers customer support via email and live chat. The support team is available 24/7, and they are quick to respond to customer inquiries. The exchange also has an extensive FAQ section, which contains answers to the most common questions that users may have. This is helpful for users who prefer to find the answers to their questions themselves.
Conclusion:
Overall, Bitexbook is a reliable cryptocurrency exchange that offers a wide range of cryptocurrencies and low fees. The user interface is user-friendly, and the platform is easy to navigate. The exchange takes security seriously and has implemented several measures to ensure the safety of user funds. Customer support is available 24/7, and the support team is quick to respond to customer inquiries. If you are looking for a reliable cryptocurrency exchange with low fees, Bitexbook is definitely worth considering.