In 2017, BitoPro, a cryptocurrency exchange with Taiwanese registration, was established. The BitoPro company not only runs the BitoPro Exchange but also offers additional cryptocurrency solutions. Digital wallets, commercial apps, financial auditing, and other solutions are among these.
Fees for BitoPro trading
Every trade involves two parties: the maker, whose order is already on the order book at the time of the trade, and the taker, who submits the order that takes the maker’s order. By matching the orders of the makers with their own, takers eliminate the liquidity that the makers created in the market. The taker trading cost at BitoPro is 0.20%. This cost is typical for the sector. Additionally, the exchange provides a discount to makers who trade at a 0.10% commission. The latter is particularly advantageous for investors who are not interested in placing new orders from the order book.
Withdrawal costs for BitoPro
The BitoPro withdrawal fee is 0.0004 BTC for each withdrawal of Bitcoin. This cost is a little less than the standard for the sector. The average BTC withdrawal in the recent period across the entire industry is roughly 0.0006 BTC. A low, consumer-friendly fee of 0.0004 BTC per BTC withdrawal, or roughly 33% less than the industry average.
Deposit techniques
BitoPro accepts wire transfer deposits but not credit card deposits when it comes to depositing methods. Credit card deposits are not accepted at any other Taiwanese exchange either. After making a credit card deposit, if you absolutely must buy your first cryptocurrency, you can use an exchange finder to locate another trading site.
Buying BitoPro Exchange Token using Binance
On decentralized exchanges, certain cryptocurrencies, such as BitoPro Exchange Token, can only be bought using another cryptocurrency. You must first buy Ethereum (ETH) to purchase BitoPro Exchange Token, and you must then use ETH to purchase BitoPro Exchange Token. And you need something called a self-custody wallet, like Metamask, to do that.
Get a Metamask wallet
Several crypto wallets are available on the Ethereum network, however, Metamask appears to be the most integrated. On a desktop computer, you can download Google Chrome and the wallet Chrome extension. If the wallet is available, you may download it from the iOS App Store or Google Play if you prefer to use a mobile device. Visit the Metamask website to make sure you are getting the genuine Chrome extension and mobile app.
Set up Metamask
Register using the wallet’s Chrome extension or the mobile app you downloaded in the first step and configure the cryptocurrency wallet. For further information, consult the wallet’s help page. Keep your seed phrase secure and write down the address of your wallet.
Purchase Ethereum as your primary money
After setting up your wallet, you may log in to your Binance account and go to the Buy & Sell Crypto page to purchase Ethereum.
Binance delivers Ethereum to your crypto wallet
After purchasing Ethereum, navigate to your Binance wallet and search for the Ethereum you purchased. Click “withdraw” and supply the required information. Set the network to Ethereum, then input your wallet address and the amount you wish to transmit. When your Ethereum is ready to be withdrawn, click the button and wait for it to appear in your Metamask.
Decide on a decentralized exchange (DEX)
There are several DEXs available; you only need to confirm that the exchange supports the wallet you choose in the second step. If you utilize the Metamask wallet, for instance, you can visit “1inch” to execute the transaction.
Set up your wallet
Using the wallet address from the previous step, link your Metamask wallet to the DEX you wish to utilize.
Exchange your Ethereum for the desired cryptocurrency
Choose the BitoPro Exchange Token as the token you want to buy and Ethereum as the payment method.
Use the Swap
Select the Swap button once you have completed the preceding steps.
Price
BitoPro Exchange Token’s current live price is $ 0.0534722 per (BITO/USD) with a market cap of $0. 10,666.88 USD worth of trades is made in a day.
