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Byte Exchange
Year of Foundation: 2021
Jurisdiction:
Founder/CEO:
Listed Coins:
Derivatives:
Exchange Token:
Reserve Report:

OG Score

Based on 0 OG evaluation

TBA

...
Byte Exchange 24h Volume $0.066 M
24h - 0,02 %
7d - -0.02

LINKS

OGAudit Evaluation Points

N/A
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SECURITY

SECURITY

Security is a top priority for a crypto exchance. Does this exchange have advanced security measurements in place? Has this exchange experienced any serious hacks in the past in terms of user data and crypto theft? If so, were the victims adequately compensated? Can you confidently entrust a substential amount of crypto to this exchange?
N/A
LIQUDITY

LIQUDITY

Is there sufficient liquidity in most pairs compared to the other CEX and DEX? Do you encounter unfair price slippage or scam wicks during medium sized trades, if so how often? Is the order book manipulated by bots? Do you experience a seamless trading where limit, market, and stop orders function properly on both spot and derivatives market?
N/A
CUSTOMER SUPPORT

CUSTOMER SUPPORT

Is the FAQ and help page detailed and easy to navigate? How quickly can you connect with a live support agent? Are the agents helpful, competent, and able to provide effective solutions? Are you satisfied with the overall process and outcome?
N/A
RESERVES & AUDITS

RESERVES, AUDIT REPORTS

Does the exchange publish proof of reserves regularly? Are there suspiciously frequent large movements in reserves? Are wallets and direct links provided as on-chain evidence for user discretion? Is the exchange audited by independent organizations, and are the reports published transparently?
N/A
JURISDICTION

JURISDICTION

Does the exchange obtain all necessary permissions from the authorities in its operating country, and are these approval documents shared with users? Is the company headquartered in a major country of law or overseas? Considering these factors, do you believe that the legal regulations of the country can adequately protect you as a user in the event of a serious dispute?
N/A
INSURANCE

INSURANCE

While we are aware that no online platform is 100% secure, including centralized exchanges, does the exchange have insurance funds ready to deploy in case of a crypto hack?
N/A
FEES & COMISSIONS

FEES / COMISSIONS

Are the actual fees and commissions as low as advertised? This includes spot and futures trading fees, deposit/withdrawal fees, margin borrowing commissions, and other product and service costs. Compare them with fees on other exchanges.
N/A
SCAM PROOF

SCAM PROOF

Do you believe they carefully evaluate projects before listing them? Do they provide comprehensive information, including project links and tokenomics, for users to DYOR easily? Are there clear warnings about high-risk, volatile crypto? Have there been instances of projects being rug-pulled after listing or being delisted for arbitrary reasons? The frequent occurrence of such events is one of the main reasons for the low ratings.
N/A
DEPOSIT & WITHDRAWAL

DEPOSIT & WITHDRAWAL SPEED

Are you satisfied with the deposit and withdrawal limits, as well as the speed of crediting and executing transactions? Have you experienced difficulties withdrawing your funds? Can you withdraw and deposit stablecoins using any of the popular L1/L2 networks, or are the options limited? Additionally, do they provide assistance in recovering tokens if you accidentally deposit them into the wrong contract for a reasonable fee?
N/A
EASY TO USE

EASY TO USE

Considering both mobile and browser app experiences, do you find the exchange's app user-friendly, smooth, and visually appealing? Can you easily access the features you need? Has the exchange ever disappointed you during chaotic times? Can you log in and place buy and sell orders, make withdrawals easily when the market is unusually busy?
N/A
N/A
SECURITY

Security

Security is a top priority for a crypto exchance. Does this exchange have advanced security measurements in place? Has this exchange experienced any serious hacks in the past in terms of user data and crypto theft? If so, were the victims adequately compensated? Can you confidently entrust a substential amount of crypto to this exchange?
N/A
LIQUDITY

LIQUDITY

Is there sufficient liquidity in most pairs compared to the other CEX and DEX? Do you encounter unfair price slippage or scam wicks during medium sized trades, if so how often? Is the order book manipulated by bots? Do you experience a seamless trading where limit, market, and stop orders function properly on both spot and derivatives market?
N/A
CUSTOMER SUPPORT

CUSTOMER SUPPORT

Is the FAQ and help page detailed and easy to navigate? How quickly can you connect with a live support agent? Are the agents helpful, competent, and able to provide effective solutions? Are you satisfied with the overall process and outcome?
N/A
RESERVES, AUDITS

RESERVES, AUDIT REPORTS

Does the exchange publish proof of reserves regularly? Are there suspiciously frequent large movements in reserves? Are wallets and direct links provided as on-chain evidence for user discretion? Is the exchange audited by independent organizations, and are the reports published transparently?
N/A
JURISDICTION

JURISDICTION

Does the exchange obtain all necessary permissions from the authorities in its operating country, and are these approval documents shared with users? Is the company headquartered in a major country of law or overseas? Considering these factors, do you believe that the legal regulations of the country can adequately protect you as a user in the event of a serious dispute?
N/A
INSURANCE

INSURANCE

While we are aware that no online platform is 100% secure, including centralized exchanges, does the exchange have insurance funds ready to deploy in case of a crypto hack?
N/A
FEES & COMISSIONS

FEES & COMISSIONS

Are the actual fees and commissions as low as advertised? This includes spot and futures trading fees, deposit/withdrawal fees, margin borrowing commissions, and other product and service costs. Compare them with fees on other exchanges.
N/A
SCAM PROOF

SCAM PROOF

Do you believe they carefully evaluate projects before listing them? Do they provide comprehensive information, including project links and tokenomics, for users to DYOR easily? Are there clear warnings about high-risk, volatile crypto? Have there been instances of projects being rug-pulled after listing or being delisted for arbitrary reasons? The frequent occurrence of such events is one of the main reasons for the low ratings.
N/A
DEPOSIT & WITHDRAWAL

DEPOSIT & WITHDRAWAL SPEED

Are you satisfied with the deposit and withdrawal limits, as well as the speed of crediting and executing transactions? Have you experienced difficulties withdrawing your funds? Can you withdraw and deposit stablecoins using any of the popular L1/L2 networks, or are the options limited? Additionally, do they provide assistance in recovering tokens if you accidentally deposit them into the wrong contract for a reasonable fee?
N/A
EASY TO USE

EASY TO USE

Considering both mobile and browser app experiences, do you find the exchange's app user-friendly, smooth, and visually appealing? Can you easily access the features you need? Has the exchange ever disappointed you during chaotic times? Can you log in and place buy and sell orders, make withdrawals easily when the market is unusually busy?

OG REVIEWS

Latest OG Reviews
NOT YET EVALUATED

Markets

Coin Pair

About Byte Exchange

What is Byte Exchange?

Byte Exchange, established in December 2021 by Bytedex Technologies OU in Tallinn, Estonia, is a dynamic cryptocurrency exchange committed to fostering crypto adoption in regions where local exchanges are limited.

 

Founding Partnerships

Operating in collaboration with Planmodern İnformation Technologies Ltd in İzmir, Turkey, Byte Exchange is a key component of the Bytedex ecosystem, which includes Bytepad token sale and Staking Platform. The ambitious roadmap for 2023 includes the launch of Bytechain, a blockchain system, and Byte Wallet.

 

Global Presence

Headquartered in Tallinn, Estonia, Byte Exchange has established a robust presence in the Balkans, Turkey, and the Caucasian regions. With offices in Tallinn, İzmir, and Dubai, Byte Exchange ensures a truly global reach.

 

Service Offerings

Byte Exchange provides a comprehensive range of services tailored to meet the diverse needs of cryptocurrency traders. Users can engage in spot trading, focusing on popular markets such as USDT, BTC, and TRY, with support for over 100 cryptocurrency pairs.

 

Innovative Synthetic Token Technology

Introducing Synthetic token technology, Byte Exchange enables the creation and trading of indexes representing various segments in the cryptocurrency market, including metaverse, meme, and CEX.

 

Security Measures

Prioritizing the security and protection of users' assets and personal information, Byte Exchange implements a robust security infrastructure. With over 50 layers of security measures, advanced encryption protocols, and multi-factor authentication, Byte Exchange ensures a safe trading environment.

 

Compliance Commitment

As a registered Money Service Business (MSB) with FINCEN, Byte Exchange actively cooperates with governmental bodies and follows AML/AMM measures in partnership with Ciphertrace and Chainanalysis. The platform complies with travel rule measures declared by OFAC and maintains a tiered approach to KYC.

 

User-Centric Platform

User experience is a focal point for Byte Exchange. The platform boasts a user-friendly interface, seamless buying and selling of cryptocurrencies, and advanced order types. Integration with leading liquidity providers ensures deep liquidity on the exchange.

 

Accessibility

Providing accessibility through a desktop web interface and dedicated mobile applications for both Android and iOS, Byte Exchange empowers users to trade on the go.

 

Diverse Cryptocurrency Support

With support for a wide range of cryptocurrencies, including major tokens like Bitcoin, Ethereum, USDT, TRX, SOL, XLM, DOGE, SHIB, and more, Byte Exchange facilitates the trading of various digital assets.

 

Fee Structure

The fee structure at Byte Exchange is based on a market taker and maker model, with trading fees starting at 0.15% and decreasing with higher trading volumes. Different fee structures apply to regular and advanced users based on their involvement in the Bytedex ecosystem and 30-day trading volumes.

 

Global Popularity

Byte Exchange has gained popularity in regions such as Turkey, India, Indonesia, and several Far East countries. It has also garnered a growing user base in the Balkans and European countries, boasting a strong community of users from diverse backgrounds.

 

Future Expansion

Looking ahead, Byte Exchange envisions expanding its services to countries lacking local exchanges, with a focus on regions like Turkey, the Balkans, Caucasus, Africa, and Pacific countries such as Indonesia, Malaysia, and Bangladesh. Byte Exchange aims to extend its reach to European countries and Latin America, further promoting increased crypto adoption worldwide.

 

What are the trading fees on Byte Exchange?

The fee structure at Byte Exchange is based on a market taker and maker model, with trading fees starting at 0.15% and decreasing with higher trading volumes. Different fee structures apply to regular and advanced users based on their involvement in the Bytedex ecosystem and 30-day trading volumes.

Does Byte Exchange offer leverage trading?

Byte Exchange  does not currently offer margin trading or leverage options.

When was Byte Exchange established?

EXCHANGE was founded in .

Where is Byte Exchange located?

Byte Exchange is based in Estonia.

What is the volume of Byte Exchange?

EXCHANGE has a trading volume of $  in the last 24 hours and $  in the last 7 days.

Is Byte Exchange 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 Byte Exchange?

You can buy the following tokens/coins on Byte Exchange: 

What are the listed pairs on Byte Exchange?

You can trade the following tokens/coins on Byte Exchange: 

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.

Updates

FAQ

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