Bx.In.Th Thailand Bitcoin Exchange: Trade Crypto Coins Safely?
Bx.in.th is an exchange that enables cryptocurrency traders to buy and sell cryptos at the best prices. It’s a subsidiary of Bitcoin Co. Ltd that’s based in Thailand. The platform has a wide array of digital currency pairs that allows users to have many options when it comes to trades.
The exchange has fast execution of orders and has trading charts with indicators that help traders carry out analysis.For starters, one requires registering an account on the website then making deposits into the wallet. Once successful, one can then go ahead and make a trade.
Trade Crypto Coins Security On Bx.in.th
The platform has put in place some security measures. They include:
- A 2-factor authentication feature is available and highly recommended by the system
- Wallet servers are only available to authorized company employees
- Wallet servers only allow encryptions and don’t let outside connections.
- The website doesn’t run on same servers as the wallet servers
- About 80% of funds held in cold storage
- All large withdrawals are processed manually
- All code was written by the company’s developers
Bx.In.Th Thailand Bitcoin Exchange Fees
Each trade is charged a standard fee of 0.25% which applies to the first currency pair. More often than not most of the costs are charged in Bitcoin. The fees are deducted automatically once an order is executed. When placing an order, no fee is charged and when in case of order cancellation, no fee is charged.
Bx.In.Th Deposit And Withdrawal Of Funds
For deposits, there are various confirmations needed before the transaction can go through. Approval is done once the required number of confirmations is done. In case of delay, users are advised to wait for 24 hours before opening a support ticket. One’s available balance will automatically update once a crypto transaction goes through.
Withdrawing one’s funds on this platform is quick and easy with some taking five minutes or so. Depending on the currency involved, withdrawal periods may vary. The amounts are audited in real time before a withdrawal is made. Doing so is an additional security measure by the platform. Withdrawal fees vary depending on the cryptocurrency involved.