Bitci Review
Key takeaways from this review:
- Secure wallet, easy trading tools, and comprehensive educational resources.
- Low spot trading fees and up to 25% maker/taker fee discount with BCT token.
- Wide range of cryptos, limited customer support, no margin trading and poor liquidity on some markets.
Pros & Cons of Bitci
What is Bitci?
Bitci is a turkish cryptocurrency platform that enables users to buy, sell, and trade digital currencies. It also provides users with a secure wallet to store their digital assets, as well as a suite of tools to help them manage their investments. Bitci also has it's own cryptocurrency token, called Bitcicoin (BITCI).
This cryptocurrency exchange platform offers a wide range of features to its users. It is designed to make trading and investing in digital assets easier and more secure.
BitciCoin (BITCI) - Price & Purpose
BITCI is the native token and blockchain of Bitci Exchange. You can buy and trade BITCI on any exchange that it's listed, and hold it to gain utility on the Bitci Exchange.
Bitci Product & Features
Bitci's core feature is its online marketplace, which allows users to buy and sell cryptocurrencies with ease. The platform also offers advanced trading tools, such as margin trading, stop-loss orders, and more.
Bitci also provides users with a secure wallet to store their digital assets. The wallet is protected by advanced encryption and two-factor authentication, ensuring that users' funds are safe.
In addition, Bitci offers a variety of features to make trading and investing easier. These include an intuitive user interface, real-time price charts, and market analysis tools.
Bitci Customer Support
Bitci has a strong customer support team that is available 24/7 to help with any issues that users may have.
Bitci also offers a range of educational resources, such as tutorials and a comprehensive FAQ section. This helps users learn about the platform and get the most out of their trading experience.
Is Bitci available to US-Investors?
Bitci is not available to US-investors. Bitci is also unavailable in certain other countries, such as North Korea, Iran, and Cuba. Other restricted geographic regions may be subject to change, so it is best to check with the platform directly for the latest information.
Bitci Withdrawal and Trading Fees
Withdrawal fees vary depending on the cryptocurrency being withdrawn and your VIP commission rates. For example, withdrawing Bitcoin (BTC) incurs a fee of 0.001 BTC, while withdrawing Ethereum (ETH) incurs a fee of 0.01 ETH.
In addition to withdrawal fees, Bitci also charges maker/taker fees for its spot trading services.
Maker fees are charged when users place limit orders that are not immediately filled, while taker fees are charged when users place market orders that are filled immediately. The maker/taker fees vary depending on the trading pair and the user’s 30-day trading volume. For example, the maker/taker fees for BTC/USDT trading range from 0.10% to 0.20%, depending on the user’s trading volume.
Overall, Bitci offers competitive trading fees for its spot trading services. The platform also offers discounts for users who hold the platform’s native token, BCT. These discounts can reduce the maker/taker fees by up to 25%.
How to Sign Up on Bitci?
- Visit Bitci Website here
- Click the “Create Account” button in the top right corner of the page.
- Enter your name, surname, phone and create a secure password.
- Read and agree to the Terms of Service.
- Click “Create Account”.
- Verify your phone number through an OTP.
- Your account is now created and ready to use.
