Buda Cryptocurrency Exchange Review : Pros & Cons

About Buda

Buda is an exchange and wallet from Latin-America, with operations in Argentina, Chile (HQ), Colombia and Peru. Buda is reportedly backed by DCG. Buda is a historically rich and culturally significant city located on the western bank of the Danube River in Hungary. It is one of the two cities that make up the Hungarian capital, Budapest, along with Pest on the eastern bank. Buda has a rich history, with a settlement on the site dating back to the Roman era.

The city was part of the Austro-Hungarian Empire and was one of the major centers of the Hungarian Revolution of 1848. During World War II, Buda suffered significant damage, but much of the city was rebuilt in the post-war period. Today, Buda is a thriving city, known for its historic architecture, beautiful views of the Danube, and many cultural attractions, including the Buda Castle, Fisherman’s Bastion, and the Hungarian National Museum.

Information Table

How To Register At Buda Exchange?

To register on Buda, 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 Buda Cryptocurrency Account ?

There is no mandatory verification at Buda, but you can pass it if you wish. At the moment, the only restriction imposed on unverified users is the withdrawal limit of 0.00005 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 Buda, Revolut platforms.

How To Buy Crypto Or Deposit Crypto At Buda 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 Buda 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 Buda 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.

Buda Fees

At Buda.com there are different commissions depending on the service you use. They can divide it into 3 areas: Subscriptions and Withdrawals, Purchase and Sale, and Vista Trader.

Commission for BTC / CLP

Payment and withdrawal in Chile

Features Of Buda Crypto Exchange

Available At Android & IOS Store

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

Security

More than 90% of the funds are stored in vaults disconnected from the Internet.

Liquidity

They actively work with traders and liquidity providers to have the deepest market for cryptocurrencies.

99,9% Uptime

Your commitment is to offer a 24/7 service, 365 days a year.

Mobile Application

Review the evolution of your investment portfolio anywhere, at any time. View your cryptocurrency balances transformed into your local currency.

Historic Architecture

Buda is home to many historic buildings, including the Buda Castle, Fisherman’s Bastion, and the Hungarian National Museum, which offer a glimpse into the city’s rich history and cultural heritage.

Stunning Views

The city offers breathtaking views of the Danube River and the surrounding landscape, which are especially beautiful at sunset or during the night.

Thermal Baths

Buda is famous for its thermal baths, including the Gellért Baths, which are a popular tourist destination and offer a relaxing and rejuvenating experience.

Parks and Green Spaces

Buda is home to many parks and green spaces, including the Margaret Island, which is a popular spot for picnics, recreation, and relaxation.

Cultural Attractions

The city is rich in cultural attractions, including the Hungarian National Museum, which showcases the country’s history and heritage, as well as the Hungarian State Opera House, which is one of the leading opera houses in Europe.

Food and Drink

Buda is home to many restaurants, cafes, and bars that serve traditional Hungarian cuisine, as well as international dishes, making it a great place to sample the local food and drink.

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.

Buda Conclusion

Buda is a city with a rich history and cultural heritage that has played a significant role in the development of Hungary and Europe. Today, it is a thriving city known for its beautiful architecture, stunning views, and many cultural attractions, making it a popular tourist destination. Whether you’re interested in history, culture, or simply want to relax and enjoy the outdoors, Buda is a great place to visit and explore.