RESEARCH & ANALYSIS
FOR THE CRYPTO ECONOMY.

BITBOX

BITBOX Exchange Review

Centralized

BITBOX Overview

  • Bitbox is a Singapore based cryptocurrency exchange that offers security against external risk and constant improvement of quality. It is a global service that can be used anywhere, but the USA. 

    Bitbox has three core features: security, comprehensive offering, and global customer support. In terms of safety, Bitbox keeps its customer’s funds safe and secure through offline cold storage, a secure online wallet, that is insured by a third party insurer, constant security updates for improvements, layered security systems, constant monitoring, and assurance. Since no personal information for setting up an account is necessary, customer safety can be provided. Its comprehensive coin offering provides clients with various coins which get more after being checked carefully. Special priority at Bitbox has customer support, which is offered globally and in real-time.  

    Transaction fees amount to 0.1%. However, for payments with LINK (LN) discounts are offered. Fees for deposit/withdrawal, as well as, minimum amounts of deposit/withdrawal depend on the currency and network traffic and are kept updated. For payment Bitbox only excepts cryptocurrencies and no fiat money. 

    The trading platform of Bitbox can be viewed in two options, basic mode or filled screen mode which is specially designed for more professional traders. Additionally, the platform supports multiple order types like limit orders, market orders, and stop-losses. 

    BITBOX Exchange Review, Trading Fees, Deposit and Markets

    • 24h Trading Volume

      285.187 BTC

      • BITBOX Total Trading Pairs

        30

        • BITBOX Margin Trading

          No

          • BITBOX Deposit fees

            Free

            • BITBOX Fiat Deposit

              None

              • Accepted Payment Method

                None

                • BITBOX Native token

                  Yes

                  • Native token smart contract

                    N/A

                    • BITBOX Trading Markets
                      • BITBOX Stablecoins trading

                        BITBOX Withdrawals

                        • Daily Withdrawal Limit

                          /

                          • BITBOX Withdraw fees

                            BTC – 0.001 BTC

                            BCH – 0.003 BCH

                            ETH – 0.01 ETH

                            Full list of fees can be found here

                            • BITBOX Withdraw fees discount

                              N/A

                              • Proof of Reserves

                                N/A

                                BITBOX Exchange Rating Analysis

                                Last edit 17.07.2019

                                • Bitbox, the Sinagpore-based exchange offers for its customers 31 coins to trade, however you will not be able to trade them against fiat currencies. The exchange was established by LINE Corporation, which grew very quickly thanks to its flagship messaging app. On Bitbox’s rather easy to use website, you can find a live chat, however you have to be lucky to actually catch the team in. A better contact option in this case will be by sending them an email – they reply fairly quickly, and are helpful. Even though the trading fee stands only for 0.1%, there is plenty of zero-volume trading pairs on the exchange – While they do not fake their volume numbers like countless other exchanges, this creates a sort of vacuum which traders will not be pleased to enter. The two team members we managed to find online are public, both of them have experience in the field for quite a long time. Bitbox offers quality security layers on accessing user accounts and withdrawals, including 4 verification steps. While this exchange experiences very low volume currently, we believe the backing of LINE corporation and the fact that they are honest with their users and employ many devices to secure their funds, Bitbox will quickly grow and climb our ratings ladder. Bitbox, we’re counting on you!

                                  BITBOX Exchange Additional Information

                                    • BITBOX Headquater

                                      Singapore

                                      • BITBOX Establish date

                                        2018