Cryptiqo

Financial Technology Blog

Bitbank is a new cryptocurrency exchange service offering its customers largely accurate and dependable market perceptivity for the trading of Bitcoin and Litecoin. Bitbank achieves this market perceptivity through the analysis of market news and exploration, as well as from their sophisticated projection algorithms and advanced artificial intelligence software. Also, Bitbank is so much extra than a market perceptivity platform. Bitbank features a ‘wallet service’ for storing Bitcoin and Litecoin, a ‘Bitbank Register’service for regional payments at different merchandisers, and a ‘Bitbank Pay’ service for online businesses. 

Exchange platform 

The Bitbank exchange platform is a personal web-related trading platform that’s completely compatible with all desktop and mobile appliances. The platform is relatively advanced and utilizes charting from TradingView which has over 50 specialized pointers and many analysis tools made into it. Customers can conduct real-time price analysis on their own as well as use the projection data generated from the algorithms and artificial intelligence software. Customers can place their orders related to the market data and pointers handed to them or simply on their analysis. The platform is truly unique and advanced with its market perceptivity and analysis features. 

Exchange markets 

Bitbank is a rather technical exchange platform that only offers services for Bitcoin (BTC) and Litecoin(LTC). As well, the only fiduciary currency supported for swapping with these cryptocurrencies is the Japanese yen (JPY). This is disappointing for customers outside of Japan as numerous other cryptocurrencies generally accept both Euros and US dollars. Still, customers can buy Bitcoin and Litecoin from other platforms and also transfer them to Bitbank to use their exchange services. Though customers who have a Japanese bank account are more suited to the Bitbank cryptocurrency exchange. 

Freights 

The Bitbank exchange is very different from other cryptocurrency exchanges with its figure structure. Bitbank’s figure structure is much better for customers as the only figure they pay is for withdrawals. Other exchanges generally charge both deposit and trading freight, while Bitbank charges neither of these effects. The only figure customers dodge is on their withdrawals which is 0.0001 BTC or 0.001 LTC per withdrawal. This is extremely low compared with the competition and attracts numerous customers to the exchange. 

Security and fairness 

The Bitbank exchange is a large secure and safe cryptocurrency exchange as they’re regulated by the JFSA. Since its establishment in 2014, Bitbank hasn’t ever had any reported hacking or loss of finances. The platform implements the rearmost security features similar to SSL encoded servers, two-factor authentication for logins and transactions, and both cold and hot wallet storehouses. As well, each user is treated fairly with the same services available to them. Every customer can download all of the company’s datasets to see the literal performance of the authoritative algorithms. This provides customers with a high position of clarity. 

Support 

Bitbank offers its customers support via an email ticket system. This system is available 24/7 and allows customers to confidently identify their problems so that they can get backing support. As well, customers can view the help center page where they will find answers to the most generally asked questions.  However, Bitbank’s level of client support is average but sufficient. 

Take away 

The Bitbank cryptocurrency exchange and services are of very high quality by offering unique market perceptivity in the trading of Bitcoin and Litecoin. The exchange platform is well-designed and has further than enough tools and features for trading and investing successfully. All in all, Bitbank has proven itself to be a dependable and secure cryptocurrency platform that offers desirable services for very competitive freight. It’s a shame it only supports the Japanese yen as the only feasible fiduciary currency, but if you’re just trading cryptocurrencies this shouldn’t count.