Bitsten
| Coin | Pair |
|---|
What is Bitsten?
Bitsten is a cryptocurrency exchange based in Indonesia that was established in 2017. The platform aims to become the largest exchange in Indonesia and Asia, with a unique approach to rewarding token holders.
Bitsten Token
Bitsten Token is the native token of the Bitsten Exchange project. It plays a crucial role in supporting the exchange, with the promise of being the leading platform in Indonesia and Asia. The exchange utilizes a small fee structure and shares company profits with token holders as a reward for their contributions to Bitsten's transactions.
Accessibility for US Investors
Bitsten is accessible to investors from the United States. However, potential US investors are advised to independently evaluate any issues related to their citizenship or residency before engaging in trading on the platform.
Trading on Bitsten
Understanding the trading environment on Bitsten is essential for users. The platform provides a variety of trading views, and users should choose the one that aligns with their preferences. Common features include order books, price charts, and order history, along with buy and sell boxes.
Trading Fees
Bitsten employs a fee structure that distinguishes between makers and takers. Takers, who place orders that match existing ones, are charged a fee of 0.20%, which is in line with industry averages. Notably, makers, who provide liquidity to the market, incur no fees, promoting liquidity at the exchange and making it an attractive option for certain traders.
Withdrawal Fees
Withdrawal fees on Bitsten vary depending on the cryptocurrency being withdrawn. The fees are competitive, with BTC withdrawals incurring a fee of 0.0005 BTC, slightly below the global industry average. The platform's approach to withdrawal fees contributes to its competitiveness in the market.
Deposit Methods
Bitsten supports fiat currency deposits, specifically in Indonesian Rupiah (IDR). However, it does not allow deposits via credit card. For users looking to deposit in other fiat currencies or through credit cards, alternative exchanges should be considered. Bitsten is considered an "entry-level exchange," making it suitable for new investors entering the cryptocurrency space.
In summary, Bitsten offers a unique token system, competitive trading and withdrawal fees, and accessibility to US investors, making it a noteworthy player in the cryptocurrency exchange landscape.
What are the trading fees on Bitsten?
Bitsten employs a fee structure that distinguishes between makers and takers. Takers, who place orders that match existing ones, are charged a fee of 0.20%, which is in line with industry averages. Notably, makers, who provide liquidity to the market, incur no fees, promoting liquidity at the exchange and making it an attractive option for certain traders.
Does Bitsten offer leverage trading?
Bitsten does not currently offer margin trading or leverage options.
When was Bitsten established?
EXCHANGE was founded in .
Where is Bitsten located?
Bitsten is based in Indonesia.
What is the volume of Bitsten?
EXCHANGE has a trading volume of $ in the last 24 hours and $ in the last 7 days.
Is Bitsten 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 Bitsten?
You can buy the following tokens/coins on Bitsten:
What are the listed pairs on Bitsten?
You can trade the following tokens/coins on Bitsten:
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.
