Bithoven Review: Safe, Reliable Buy And Sell Cryptocurrency Exchange?
Bithoven is a reliable and secure cryptocurrency exchange platform where traders can buy and sell cryptocurrencies in a quick and profitable manner according to their official website. Bithoven provides users with helpful bitcoin/altcoin trading tools, advanced security combined with a simple interface to ensure that traders gain the most from their trading activities.
Let's take a look at the rest of Bithoven crypto exchange in our review today.
How to Trade on Bithoven
Everyone can trade on the Bithoven platform by simply creating an account and undertaking the KYC process, which involves verification of the trader’s identity, and email address.
Once the verification process is complete, the trader can deposit cryptocurrencies into their Bithoven account from their personal cryptocurrency wallet. Bithoven does not have a limit on the number of deposits or withdrawals that traders can make in a day, compared to other cryptocurrency exchanges in the market.
After the deposit is confirmed, users can begin trading on the platform. There are various trading tools, settings and order types that can be used to maximize profits on the platform such as Candlestick Chart, order book and market overview, among others.
To perform a trade, investors are required to click the currency tab and select a market to place the order. The options for the orders include market orders, limit orders, and scaled orders. Bithoven charges a trading commission of 0.1% of the total trading value.
Traders can manage their activities through the Balances page where they can view the amount of cryptocurrency available in their account, deposit crypto, and withdraw their funds to their personal wallet. On the history page, traders will be able to access detailed information on their current and previous transactions. They can also view all their trading activities on the trading section.
Why Use The Newly-Formed Bithoven Trading Platform?
With so many options to choose from within the crypto exchange ecosystem, why should investors and traders decide to join and use the Bithoven system?
Experienced Customer Support Team
According to the official website, the Bithoven team has professionals from the trading, finance, and the blockchain industry that are always ready to assist investors in order to ensure that trading on the Bithoven platform is as easy as possible.
Traders can get in touch with the customer support team through live chat or online contact form and they will receive a response within two or three minutes. The platform also has a FAQ section with answers to some of the most common issues and questions that traders may have.
Advanced trading tools
Traders buying and selling cryptocurrencies on the Bithoven platform will have access to various tools and instruments that will assist them makes the best trading decisions. The tools include order books, candlestick charts, markets overviews, and real-time reports.
Trading orders on the Bithoven platform are filled quickly thus ensuring that traders can buy and sell their cryptocurrencies instantly. The instant trading provides the platform with high liquidity, which will result in traders acquiring efficient and effective trading experience while providing them with an edge over their competitors.
Transparency on the charges
There are no hidden charges imposed on the traders using the platform. Therefore, they can benefit from trading since are able to avoid losses.
There are numerous cryptocurrencies for users to trade on Bithoven. The team of professionals behind the platform carefully analyzed, selected and customized the cryptocurrencies to suit the needs of both beginner and experienced traders.
Bithoven implements an advanced trade-matching engine built on some of the most innovative algorithms that enable traders avoid volatility and strike some of the most profitable deals.
Bithoven Review Conclusion
On the surface level, Bithoven promises to be a reliable platform to buy and sell your favorite cryptocurrencies. As with any new business or company inside the blockchain space, transparency and authenticity go along way and while it is early, we plan to recheck in how the progress and status of Bithoven's platform unfolds in the coming months. They do have an active Facebook and Twitter channel, as well as a thorough FAQ page about its bitcoin operations and functions.
While Bithoven passes the eye test and appears to be making the right moves in gaining investor use and trader's trust, it is very early to give a concise conclusion as to where Bithoven bitcoin exchange stacks up with the powers that be in the industry already but you must start somewhere and so far, Bithoven is doing everything they can to earn respect and market share after just being launched in 2019.
Click here to check out the BitHoven platform today.