Bitvast Cryptocurrency Exchange Review : Pros & Cons

About Bitvast

Bitvast is a cryptocurrency exchange platform that allows users to trade various cryptocurrencies. It is not possible for me to determine the exact nature and quality of the service offered by Bitvast, as I am an AI language model and do not have access to current information on specific companies. However, it’s important to note that cryptocurrency exchanges, like any other financial service, carry a certain level of risk.

Bitvast Exchange, it is important to research and compare different options, understand the fees and policies, and consider your own financial situation and risk tolerance. Additionally, it’s also important to use best security practices, such as enabling two-factor authentication and securely storing any cryptocurrency holdings.

Information Table

How To Register At Bitvast Exchange?

To register on Bitvast, click Register Now button at the top of the page. You can also start creating an account directly through the form on the main page.

You only need to enter your e-mail and come up with a password. If there is a referral code, it is also entered at this stage. Password requirements: at least 8 characters, numbers, upper and lower case.

Click ” Create Account ” then go to your email to verify it. Enter the code you received and registration is complete. You can start replenishing your account.

How To Verify Your Bitvast Cryptocurrency Account ?

There is no mandatory verification at Bitvast, but you can pass it if you wish. At the moment, the only restriction imposed on unverified users is the withdrawal limit of 0.0006 BTC. In the future, depending on the actions of regulatory authorities, conditions may change.

For verification, you can use one of four documents to choose from: passport, driver’s license, identity card or residence permit. Artificial intelligence is used to evaluate the authenticity of documents. This service is provided by the Onfido online identification service, already used by the Bitvast, Revolut platforms.

How To Buy Crypto Or Deposit Crypto At Bitvast Crypto Exchange?

There are two main options for topping up your balance on Kraken. Firstly, you can buy cryptocurrency with a bank card – it’s fast and convenient. Go to the ” Buy crypto ” -> ” Buy crypto with a credit card ” section.

Choose a cryptocurrency (currently there are 13 coins available for purchase in this way). Enter the amount and select the fiat currency to be used for payment.

After that, you will need to select a payment channel: each of them has conditions. You can choose between Simplex, Mercuryo, Banxa and Moonpay. Click ” Buy ” next to the appropriate option.

Agree to the terms and confirm the transition to the site of the payment provider. Enter information about the card and its owner, confirm the transaction. Cryptocurrency will be credited to the exchange account within a few minutes.

Second Method

You can transfer digital assets to the balance of the exchange from any external crypto wallet. For this:

• Go to the “Deposit” section from the “Assets” menu.

• From the drop-down list, you can select the cryptocurrency you want to deposit into your account.
• The wallet address will appear. You need to copy it and send funds to it from another wallet or exchange. Please note that only bitcoin can be sent to bitcoin addresses, similarly with other coins.
• You can also click “Show QR code” – for transfers from a mobile wallet, this is a more convenient option.

How To Withdraw Crypto Asset From Bitvast Exchange ?

Having completed all the necessary trading operations, it’s time to withdraw the received assets to an external wallet. Go to ” Assets ” -> ” Withdraw “. Please note that the operation is only available after enabling two-factor authentication in the settings. This is for added security and requires less than a minute, so don’t neglect this measure.

Select a cryptocurrency and enter the withdrawal amount. Each coin has its own withdrawal fee, for example, for BTC it is 0.00057 BTC. Click ” Output “. By default, the exchange processes applications three times a day, however, hourly withdrawals are available for Premium users. Also, the time of receipt of the cryptocurrency is affected by the workload of the blockchain network.

How To Secure Your Bitvast Account ?

Also remember to go to the Security tab and activate two-factor authentication using the Google Authenticator app – this is the most reliable way to prevent unauthorized access to your account.

Bitvast Fees

Crypto Trading Fees

Features Of Bitvast Crypto Exchange

Available At Android & IOS Store

Bitvast Cryptocurrency Exchange exchange application available on both world famous mobile store google play store and iOS store . You Can download App and start trading.

Buy Cryptocurrency

Similar to the internet, no single entity controls cryptocurrencies like Bitcoin. It puts you back in control of your money, away from any middlemen. It gives you unprecedented freedom that believe will change the face of the financial industry. Your platform gives you the power to invest or trade in a range of cryptocurrencies on a global, liquid platform.

Quick Buy/Sell interface

Other than your advanced trading interface, they also offer an easy to use interface to purchase or sell your chosen cryptocurrency with just a few simple clicks, without paying any additional fees.

Easily manage your wallets

A simple wallet interface for users to deposit, withdraw and keep track of their portfolio all under one interface.

Multi-Layered Security

They store sensitive information and 100% of all user assets in cold / offline storage – Meaning every withdrawal made from your platform is performed manually ensuring absolute safety.

KYC Free Crypto Trading

Bitvast traders can participate in your crypto-to-crypto trading markets without going through the extensive identification process. Simply create an account and start trading cryptocurrency immediately.

Competitive trading fees

They pride yourselves in running an affordable bitcoin exchange. By using your platform, you can save up to 70% on trading fees alone when compared to the global average. Your transparent fee and limit structure can be found on your Fees and Limits page.

Advance API

Securely develop programmable trading bots or web applications with your extensive API.

Fast trading engine

Fast order execution with your high-performance trading engine.

24/7 Live Chat

If you’re awake, they are too. When you need help, your team of experts will work with you via 24/7 live chat to reach a quick and efficient resolution.

Bitvast Conclusion

Bitvast is a cryptocurrency exchange that allows users to buy, sell, and trade various cryptocurrencies. As with any financial service, it’s important to thoroughly research and compare different options, understand the fees and policies, and consider your own financial situation and risk tolerance before using an exchange like Bitvast. Additionally, it’s also important to use best security practices to protect your funds.

Please note that this information is general in nature and may not be applicable to the specific services offered by Bitvast. It’s important to conduct your own research and due diligence to determine if an exchange is right for you.