B2BTC: MetaTrader 5 Cryptocurrency Broker Trading Exchange?
B2BTC is a new cryptocurrency exchange from the creators of B2BC.Exchange and B2Broker.net. The company offers services like exchange, trade and investments with the help from the brokers of the company.
The company tries to differentiate itself from the other exchanges by having some interesting features like quotation accuracy and accuracy of deposit being 8 digits after the decimal point, which is more than many companies offer. Also, it has the MetaTrader 5 terminal, which we will talk more about later.
How Does B2BTC Work?
The company was created to offer an option for the traders who intend to start using cryptocurrencies and want variety, not only Bitcoin as most of them do. The commission charged per transaction is 0.4%, a very small fee compared even to some other cryptocurrency exchanges.
You can use the company to trade very easily. The user interface is generally clean and easy to use and you can buy or sell cryptos with a single click without even needing to open an account. You can only use your email to register, validate your profile and then you are good to go because B2BTC believes that it important for people to be able to trade these assets easily.
You can make the deposits easily by using your wallet. It only takes some minutes to validate the transference. Withdrawals are also simple and both the deposits and the withdrawals charge no fees from the user, only the transactions do that. It is important to notice that you need to have a certain amount of tokens before you can withdraw them.
At the moment, B2BTC accepts BTC, ETH, LTC, USDT, DASH, XMR, BCH and B2B. The amounts that you need to withdraw are 0,001 BTC; 0,01 ETH; 0,001 BCH; etc. Check the company’s site for the full information.
B2BTC MetaTrader 5
The MetaTrader 5 is the technology that B2BTC uses to exchange tokens. It is a powerful tool that can be used on both smartphones and Windows systems (but not Mac or Linux).
This software uses a pattern recognition tool that can help you to spot trends in the cryptocurrency market and trade based on these results. You can use stop loss triggers and automate your trades if you feel confident that the software is really going to help you to invest better.
You can also use the MetaTrader 5 to see advanced charts of the market and live analysis of what is happening. There is also a test version that you can use to run some strategies first and be sure that they work well before you can actually decide if using the MetaTrader 5’s strategy that you intend to is really a good idea or if you should just pick another one.
The B2BTC Conclusion
This is actually a very standard small cryptocurrency exchange. Even if the company does have some features that are interesting, there is still something unique missing to be completely sure that it is a good idea to use this company instead of a bigger exchange like Coinbase or Binance, for instance.
If you do feel like using it, though, go for it. It’s not like there is a good argument against using B2BTC. The platform does look good, only somewhat lackluster.