BiteBTC Exchange ReviewCentralized
BiteBTC is a cryptocurrency exchange or digital asset exchange that seems to have launched in early 2018. It seems that First Finance LLC based in the Seychelles is the holder of what they describe in the footer of the BiteBTC website as the “BITEBTC stored value facility”. In addition, in their opinion this doesn’t require the approval of the FSA, short for Seychelles Financial Services Authority. Despite this, BiteBTC seems to be fully KYC compliant.
A BiteBTC exchange review reveals that this crypto exchange offers trading access to various currency pairs, both crypto-to-crypto and fiat-to-crypto currency pairs. The main currencies offered for trading are the US Dollar (USD), Chinese Yuan (CNY), Bitcoin (BTC), Ethereum (ETH) and Litecoin (LTC). This crypto exchange seems to serve the crypto community via no less than 41 active markets.
BiteBTC also seems to offer at least two APIs for automated trading, both a public and trading API. In addition, new applications for coins or tokens to be listed on this crypto-asset platform will be reviewed within 12 hours on business days. They offer three types of listings, including Standard, Advanced and Premium. The refundable listing fee is payable in Bitcoin (BTC).
A review of BiteBTC exchange also reveals that beside cryptocurrencies, they accept SWIFT wire transfers (USD, EUR) as well as Mastercard/Visa payments, when it comes to the funding of trading accounts. Other payment methods, services or providers include Alipay, OKPay and JCB cards. The latter seems to be a card issued by the Japan Credit Bureau (JCB) – a credit card that is accepted in a 190+ countries and used by an estimated 80 million card holders.
24h Trading Volume20399.833 BTC
BiteBTC Exchange Review
BTC – 0.001 BTC
ETH – 0.02 ETH
LTC – 0.1 LTC
Full lists of fees can be found here
BiteBTC Deposit feesWire transfer - 1%. Chinese Bank Transfer - 1%
BiteBTC Trading fees
Accepted Payment MethodCrypto to Crypto, Crypto to FIAT