Everything You Need To Know About This Crypto Exchange
Finding a reliable platform for trading your digital assets can be overwhelming in the labyrinth of cryptocurrency exchanges. One popular platform that stands out is Bitcoin.com.
Traders Union has published a Bitcoin.com Wallet review. Let’s explore the intricacies of Bitcoin.com in this in-depth Bitcoin.com wallet review.
What is Bitcoin.com?
Traders Union has published a Bitcoin.com review, and according to TU experts, Bitcoin.com is a cryptocurrency exchange with an overall score of 4.29, ranks 81 among 198 companies. This evaluation is based on many criteria, and unfortunately, many users aren’t delighted with the company’s work.
Bitcoin.com is highly focused on active trading in crypto-to-crypto pairs and doesn’t offer any fiat or investment programs. It has a convenient trading terminal and a user-friendly mobile application, offering margin trading and an OTC for large transactions. They also do not charge a commission for depositing or withdrawing funds; only trading commissions apply.
Advantages and disadvantages of Bitcoin.com
As per TU experts, the following are some advantages and disadvantages associated with trading with Bitcoin.com.
Advantages:
- Trading is available for all popular cryptocurrencies and tokens.
- Convenient web terminal and mobile trading application.
- High level of user data and fund protection.
- Margin trading with leverage up to x12.
- No commission fees for deposit/withdrawal.
- Integrated news service, forum, blog, and analytics.
- Guides for cryptocurrency trading are provided.
Disadvantages:
- No demo accounts.
- Lack of investment solutions.
- Absence of referral programs.
Evaluation of the most influential parameters of Bitcoin.com
TU experts have evaluated Bitcoin.com on several parameters:
- User Satisfaction: 2.65/10
- Regulation and Safety: 4.81/10
- Commissions and Fees: 4.45/10
- Variety of Instruments: 4.23/10
- Brand Popularity: 4.39/10
- Customer Support Work: 4.75/10
- Education: 4.97/10
Trading conditions for Bitcoin.com users
The Bitcoin.com exchange doesn’t set a minimum deposit, and the user independently defines the deposit/withdrawal policy. Leverage is available for margin trading, with an average size of 1:5 and a maximum of 1:12. Technical support can be accessed via a ticket system and official social media accounts. Trading platforms are proprietary and based on TradingView, with a standard account. Account currencies include Bitcoin, Litecoin, Ethereum, and other cryptocurrencies.
Bitcoin.com commissions & fees
According to TU experts, Bitcoin.com implements a simplified fee system, with fixed fees at 0.20% for the taker and 0.15% for the maker. There are no trading levels on the exchange, and no internal factors influence the commission size. However, the commission can be reduced by using bonuses in the form of rebates from the Traders Union.
Conclusion
It’s clear that while Bitcoin.com offers a unique platform for crypto-to-crypto trading, it has its advantages and drawbacks. Therefore, it’s crucial to consider these factors and decide if it suits your trading needs. Please visit Traders Union’s official website for more insights and a detailed broker review