What is BTCBOX?
BTCBox is a well-established Japanese cryptocurrency exchange that has been active in the market since 2014. It provides a platform for users to trade various cryptocurrencies with fiat currency.
US-Investors
While BTCBox does not explicitly prohibit US-investors, individuals from the United States should conduct their own assessment regarding potential restrictions based on residency or citizenship. In some cases, US investors may face limitations on trading at certain exchanges.
Supported Cryptocurrencies
BTCBox supports the trading of major cryptocurrencies, including Bitcoin, Bitcoin Cash, Litecoin, and Ethereum. However, users seeking a broader selection of trading pairs may explore other options listed on our Cryptocurrency Exchange List.
Trading Fees
The trading fees on BTCBox are notable for their flat structure. The exchange charges a flat trading fee of 0.05%. This fee is highly competitive compared to the global industry average, which historically stood at 0.25%. The emerging trend indicates a shift toward lower fees, with new averages hovering around 0.10%.
Withdrawal Fees
Withdrawal fees on BTCBox are incurred at a rate of 0.0006 BTC for Bitcoin withdrawals. It's worth noting that this fee is relatively higher than the industry average, which typically ranges around 0.0004599 BTC.
Deposit Methods
BTCBox facilitates deposits through wire transfers; however, credit card deposits are not supported. Users preferring credit card transactions may find this limitation noteworthy when considering deposit options.
What are the trading fees on BTCBOX?
The trading fees on BTCBox are notable for their flat structure. The exchange charges a flat trading fee of 0.05%. This fee is highly competitive compared to the global industry average, which historically stood at 0.25%. The emerging trend indicates a shift toward lower fees, with new averages hovering around 0.10%.
Does BTCBOX offer leverage trading?
BTCBox does not currently offer margin trading or leverage options.
Is BTCBOX 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.
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.
