RESEARCH & ANALYSIS
FOR THE CRYPTO ECONOMY.

BTC-Alpha

BTC-Alpha Exchange Review

Centralized
  • 24h Trading Volume

    475.569 BTC
  • Establish date

    2016
  • Headquater

    United Kingdom

BTC-Alpha Exchange Review

  • BTC-Alpha Withdraw

    BTC – 0.00135 BTC

    ETH – 0.01 ETH

    LTC – 0.0035 LTC

    Full list of fees can be found here

  • BTC-Alpha Fees Discount

    Lower fees for higher 30 day trading volumes.

    Exact details can be found here

  • BTC-Alpha Deposit fees

    List of deposit fees can be found here: https://btc-alpha.com/fees/
  • Fiat Deposit

    USD
  • Accepted Payment Method

    Crypto to Crypto, Crypto to FIAT
  • Native Token

    No
  • Margin Trading

    No

BTC-Alpha Exchange Score Analysis

BTC-Alpha is a crypto exchange registered in UK, although we believe it to be operated from Ukraine. The exchange offers trading against USD, although it is rather misleading – they do not accept traditional methods of depositing USD (i.e bank transfer) but several esoteric internet-based payment methods which most customers will probably not trust.
Their site is pretty basic, not displaying a high functionality or an inviting UI, and their fees are quite average for the industry – 0.2%.
There are around 100 coins tradeable on BTC-Alpha, with around 200 trading pairs in total.
The team is all based in Ukraine, from what we could gather, with the CEO not being very experienced in blockchain technology and no-one appearing in searches who is in charge of managing risk. The exchange appears to have started operations in 2018.
There exist many reports from users online which claim the exchange is having trouble processing their withdrawal requests, at times even leaving the users with unresolved problems – although in the Telegram group, the admins assure users that any issues they are experiencing will receive personal help from team members in attempt to resolve them.
To conclude, BTC-Alpha does not appear fraudulent, although it does appear like the founding team wanted to quickly capitalize on an attractive crypto market (in early 2018 terms) and quickly built an exchange which has many technical problems and does not serve its users very well.