BITZ

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Bit-Z Review Bit-Z is an exchange based in Hong Kong.There are loads of coin exchanges from Hong Kong. Hong Kong is in a way the Mecca of cryptocurrency trading. A non-exhaustive danh mục of competitors to this exchange on its home turf is Binancevà KuCoin. As for the advantages with the platsize, Bit-Z specifically promotes four advantages: professionalism, secrutiy, convenience & synchronization. We feel that these are all very important factors và we understvà why they have chosen khổng lồ highlight these in particular:
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The exchange only prohibits US-investors from the State of Thành Phố New York from trading on its exchange. However, all US-investors should still perform their own analysis of whether their home page state imposes any legal obstacles to lớn them trading at Bit-Z.

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Liquidity

On 9 June 2019, Bit-Z had a reported 24 hour trading volume of USD 653 million. This 24 hour trading volume placed Bit-Z on place no. 27 on the list of the exchanges in the world with the highest 24 hour trading volumes. Fastforward two years, to lớn the date of last updating this Đánh Giá (21 September 2021), và the 24-hour trading volume according khổng lồ Coinmarketcap was above sầu USD 1 billion.

Bit-Z Trading View

Different exchanges have different trading views. And there is no “this overview is the best”-view. You should yourself determine which trading view that suits you the best. What the views normally have in comtháng is that they all show the order book or at least part of the order book, a price chart of the chosen cryptocurrency and order history. They normally also have sầu buy and sell-boxes. Before you choose an exchange, try to lớn have sầu a look at the trading view so that you can ascertain that it feels right lớn you. The below is a picture of the trading view at Bit-Z:

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Bit-Z Fees

Bit-Z Trading fees

Every trade occurs between two parties: themaker, whose order exists on the order book prior to the trade, & thetaker, who places the order that matches (or “takes”) the maker’s order. Makers are so named because their orders make the liquidity in a market. Takers are the ones who remove this liquidity by matching makers’ orders with their own. The maker-taker Mã Sản Phẩm encourages market liquidity by rewarding the makers of that liquidity with a fee discount. It also results in a tighter market spread due to lớn the increased incentive for makers to lớn outbid each other.

There are also a number of top crypto exchanges who don’t charge different fees between takers & makers. Usually, it is called that such exchanges’ trading fees are “flat”. Bit-Z is one of those exchanges.

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The exchange offers a flat trading fee of 0.20%. It does accordingly not care about whether you are a taker or a maker. For investors who prefer to lớn pick-up existing orders from the order book, this might be an attractive trading fee mã sản phẩm. Trading fees on 0.20% are in line with, or maybe even slightly above, the industry average.

Bit-Z also offers trading fee discounts when under certain circumstances. The fee discount calculation is a bit complex & is based on both your trading volume & your holdings of Bit-Z tokens (the exchange"s native sầu token). In any event, the lowest possible trading fee you can achieve sầu for "mainstream tokens", without paying them with Bit-Z tokens, is 0.042% for takers & 0.03% for makers (VIP.. level 14). The exact trading fee discounts are mix out in the below table:

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Bit-Z Withdrawal fees

Bit-Z"s withdrawal fee is 0.0005 BTC per BTC-withdrawal. This fee is a bit below the industry average. The global industry average BTC-withdrawal fee the last time we at donghotantheky.vn did a full-blown empirical study of it was approx. 0.0008 BTC per BTC-withdrawal. But today, we see more and more exchanges charging 0.0005 BTC per BTC-withdrawal, so one could argue that 0.0005 BTC is starting lớn become the new industry average.

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Deposit Methods

Bit-Z does not accept any other deposit method than cryptocurrencies, so new crypkhổng lồ investors are actually restricted from trading at Bit-Z. If you are a new crypto lớn investor & you wish lớn start trading at Bit-Z, you will have sầu to lớn purchase cryptos from another exchange first and then deposit them at Bit-Z.