Bitso
| Coin | Pair |
|---|
What is Bitso?
Bitso, founded in 2014, stands as a pioneering force in the Latin American cryptocurrency landscape. Distinguishing itself, Bitso proudly asserts its status as the first and only regulated cryptocurrency platform in the region. Boasting a user base exceeding 6 million globally, Bitso provides a comprehensive suite of services through its mobile app and Bitso Alpha exchange.
Key Products: Mobile App and Bitso Alpha Exchange
Bitso's mobile app serves as a versatile tool for users to seamlessly buy, sell, and utilize cryptocurrencies. Complementing this, Bitso Alpha, the cryptocurrency exchange, offers speed, accuracy, and high liquidity. This exchange facilitates trading activities with advanced tools, including technical and graphical analysis options. Bitso addresses both institutional and retail clients, creating a dynamic environment for diverse user needs.
Supported Currencies and Trading Options
With 47 listed currencies, Bitso covers a broad spectrum, featuring prominent cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and more. Users can access on- and off-ramps for multiple fiat currencies, including USD, ARS, MXN, BRL, and COP. Bitso offers trading through its platform, Bitso Alpha, and provides an API for users to implement complex automated trading strategies, allowing for backtesting against historical data.
Mobile Accessibility
Recognizing the importance of mobile trading, Bitso extends its services through a dedicated mobile application. Users can easily download the app from the App Store for iOS or Google Play for Android devices.
Trading Fees: Makers and Takers
Bitso employs a fee structure distinguishing between makers and takers in trading transactions. Takers, initiating orders that match existing ones, face a fee of 0.098%. Makers, contributing liquidity to the market with existing orders, enjoy a slight discount, trading at a fee of 0.075%. These fees notably undercut the industry average, which historically hovered around 0.25%, with the trend now moving towards 0.10%-0.15%.
Withdrawal Fees: Competitive Advantage
While Bitso's trading fees are competitive, its withdrawal fees present a strong advantage. Charging a dynamic withdrawal fee, approximately 0.00002 BTC for BTC withdrawals, Bitso positions itself well below the industry average. This fee structure enhances Bitso's competitiveness among other top crypto exchanges, where the industry average BTC withdrawal fee stands at 0.00053 BTC per withdrawal.
Deposit Methods: Wire Transfer Dominates
Bitso primarily supports wire transfer as a deposit method, limiting the option to deposit via credit card. While this may be a drawback for those preferring credit card transactions, it does not diminish Bitso's overall standing in the market.
When was Bitso established?
EXCHANGE was founded in .
Where is Bitso located?
Bitso is based in Gibraltar.
What is the volume of Bitso?
EXCHANGE has a trading volume of $ in the last 24 hours and $ in the last 7 days.
Is Bitso safe?
While many major CEXes boast stronger firewalls than most governments, history has witnessed numerous instances where exchanges have fallen victim to hacks, resulting in the loss of customer funds. DEXes are generally safer option as you have control over your funds at all times as long as blockchain is up and running. Its all based off contract code so you can clearly look whats behind the scenes, and how their contracts work.
Which coins can I buy through Bitso?
You can buy the following tokens/coins on Bitso:
What are the listed pairs on Bitso?
You can trade the following tokens/coins on Bitso:
Does have customer support?
Almost all exchanges provide customer support, but the quality, speed and continuity of this service varies from time to time depending on the budget conditions of the companies. We recommend that you experience the support service provided by the stock exchange by asking a question to the support section on its website.
Explore the Crypto Topics section to discover what OGs are discussing and gain insider knowledge on trending crypto topics.
There are many ways to conduct business in the crypto space, but we’ve chosen the most challenging path: shedding light on the unknown. Social media interactions and transaction volumes of exchanges and crypto assets can easily be manipulated by bots and whales, often misleading researchers and opening doors for scams by bad actors. Scammers have cost the crypto industry billions of dollars. Major red flags often slip past traditional technical or KYC audits, but OGAudit tackles this with its unique social auditing mechanism!
We believe in creating a safer, more thriving, and equal-opportunity crypto space for everyone. Our sole motivation is you 💗
We trust that authentic reviews from OGs will help you find the most reliable crypto exchanges and Web3 solutions you need! Additionally, we aim to simplify your crypto DYOR process with clear, up-to-date content.
OGs are the most experienced, reputable members of the crypto community, serving as independent auditors on the OGAudit platform.
Becoming an OG is not granted; it’s earned! Anyone with at least 1,000* days of on-chain experience and who adheres to OGAudit Community Guidelines can qualify as an OG.
The OG onboarding and rating mechanism is fully automated. OGs' wallet addresses and contributions are publicly verifiable on-chain**. The decentralized, permissionless, and transparent OGAudit consensus**, along with OGAudit Community Guidelines, ensures the elimination of spam and fraudulent content.
*500 days of on-chain experience qualifies you during the OGAudit Alpha! **to be Announced
Yes, it is—and all basic features will always remain free for personal use!🔥
Unfortunately, we do not have a token, and investing in the OGAudit platform is not an option. However, we greatly appreciate any donations you may wish to make! 💗
If you meet the requirements and share our values, you can become a contributor to our community as an OG⭐️
By joining us, you'll help make crypto a safer place, earn rewards, perks, all while building your reputation along the way!⬆️
OGAudit is a collective movement of the crypto OG community. It has no affiliation with VCs, exchanges, or other entities. Founded and funded by the Chief OG in 2023, OGAudit has been built by a dedicated team of crypto enthusiasts, researchers, web developers, and community leaders.💪
We have witnessed many market cycles, experienced the highs of the bull runs and the lows of the bear markets, and even faced rug pulls. Yet, we have remained resilient and are devoted to making Web3 accessible to everyone in the most secure way possible!
⚠️NO INVESTMENT, FINANCIAL, OR LEGAL ADVICE⚠️ Any content published on the OGAudit platform is for informational and educational purposes only and should not be construed as legal, tax, investment, financial, or other advice. Nothing contained on this platform constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any securities or other financial instruments in any jurisdiction. OGAudit is a social media platform where we encourage freedom of speech.
OGAudit also provides sensitive data, such as coin/token prices, direct links of Web3 projects; however, this data may not be up-to-date and accurate and may lag behind due to third-party oracle API issues. Verification of the integrity of this data is the responsibility of the end user, and OGAudit cannot be held responsible for any damages that may arise from the inaccuracy of this data.
The OGAudit team and OG contributors are not a judicial authority; therefore, publications may or may not be accurate and may or may not reflect the truth. Any content published on the platform does not constitute a final judgment and is not binding. The OGAudit team is committed to filtering posts containing legal offenses and removing them from the platform if legal action is pursued. However, we may not monitor all content simultaneously. In such cases, any legal liability arising from damages suffered by third parties due to the publication of such content belongs to the person or entity who posted the content. For more information please read OGAudit Terms of Use
If you believe that your personal or corporate rights have been violated due to any content published on our platform, please send the link and a screenshot of the content to [email protected] Your request will be carefully reviewed by our lawyers, and we will get back to you as soon as possible.
