Bitazza Cryptocurrency Exchange Review : Pros & Cons

About Bitazza Cryptocurrency Exchange

Bitazzais a Thailand-based cryptocurrency exchange that was founded in 2018. It is a regulated exchange that is licensed by the Thai Securities and Exchange Commission (SEC).

Bitazza offers a variety of features and services for cryptocurrency traders, including trading in a range of cryptocurrencies, such as Bitcoin, Ethereum, and Ripple. It also offers fiat-to-crypto trading pairs, allowing users to buy and sell cryptocurrencies using Thai Baht (THB).

In addition to trading, Bitazza provides users with access to a range of cryptocurrency investment products, such as crypto indices and investment funds. The platform also offers a mobile application, making it easier for users to manage their trades and investments on-the-go.

Bitazza is known for its user-friendly interface and its focus on security. The platform uses advanced security measures to protect users’ funds, such as two-factor authentication and cold storage.

Overall, Bitazza is a popular cryptocurrency exchange in Thailand that offers a range of features and services for traders and investors. Its regulatory compliance and focus on security make it a reliable choice for users looking to buy, sell, or invest in cryptocurrencies.

Information Table

How To Register At Bitazza Exchange?

To register on Bitazza , 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 Bitazza Cryptocurrency Account ?

There is no mandatory verification at Bitazza but you can pass it if you wish. At the moment, the only restriction imposed on unverified users is the withdrawal limit of Free. 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 CrossTower , Revolut platforms.

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

There are two main options for topping up your balance on Bitazza 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 Bitazza 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 Bitazza 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.

Fees taken when buying virtual currency

As a buyer, you get exactly what you see on your trade page. No additional fees are taken so you get the full BTC amount shown on the page. This does not necessarily match what you wallet considers to be the “BTC price”, nor the price of any other markets. Bittylicious makes money by charging sellers on the system a small fee to use the Bittylicious platform, so only sellers get charged a fee.

Compare to other markets if you want a real comparison, and also bear in mind that include withdrawal fees in each transaction whereas almost every other site else doesn’t. In particular, please check out the section marked Small Trades which explains that small trades have a higher comparative cost because of large network fees, and these are outside Bittylicious’s control.

Features Of Bitazza Crypto Exchange

Available At Android & IOS Store

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

Convenient Payment Methods

Bitazza accepts a wide range of payment methods, including UK bank transfers, debit cards, and credit cards.

Trading Pairs:

Bitazza supports a wide range of trading pairs, including BTC, ETH, USDT, USDC, and more. This allows traders to access a variety of cryptocurrencies and trade them against each other.

Low Trading Fees:

Bitazza charges low trading fees of just 0.03% for market makers and 0.07% for market takers. This makes it one of the most affordable exchanges on the market.

Cryptocurrency Trading

Bitazza supports trading in a variety of cryptocurrencies, including Bitcoin, Ethereum, Ripple, and many others.

Fiat-to-crypto trading

Bitazza allows users to buy and sell cryptocurrencies using Thai Baht (THB), making it easier for Thai residents to access the cryptocurrency market.

Investment Products

Bitazza provides users with access to a range of investment products, such as crypto indices and investment funds, allowing them to diversify their portfolio and manage risk.

Mobile Application

Bitazza offers a mobile application that allows users to manage their trades and investments on-the-go.

Advanced Security

Bitazza uses advanced security measures, such as two-factor authentication and cold storage, to protect users’ funds.

Overall, Bitazza is a reliable and user-friendly cryptocurrency exchange that offers a range of features and services for traders and investors. Its focus on security and regulatory compliance makes it a popular choice for users in Thailand and the wider region.

Bitazza Conclusion

Bitazza is a reputable and regulated cryptocurrency exchange based in Thailand that provides a range of features and services for cryptocurrency traders and investors. It offers cryptocurrency trading in a variety of cryptocurrencies, including fiat-to-crypto trading pairs with Thai Baht. Additionally, the platform provides access to investment products, a mobile application, and advanced security measures to protect user funds.

Bitazza’s user-friendly interface and regulatory compliance make it a reliable and accessible option for Thai residents and other users in the region. Its focus on security ensures that users’ funds are well-protected, and its diverse range of cryptocurrency offerings makes it an attractive option for those looking to invest in the digital asset market. Overall, Bitazza is a popular and trustworthy cryptocurrency exchange that provides a variety of features and services for its users.