RESEARCH & ANALYSIS
FOR THE CRYPTO ECONOMY.

GetBTC

GetBTC Exchange Review

Centralized

GetBTC Overview

  • GetBTC is a cryptocurrency exchange focused on the Russian market.

    It values customers security and safety, wherefore special procedures and services exist. GetBTC cooperates with Crypto Capital Corp. (a platform to service operations with cryptocurrencies globally) to ensure that funds are stored in special accounts for their customers. Additionally, GetBTC does not store any personal data of its clients. To protect their clients from possible attacks, GetBTC works together with IT specialist and experts from the field to keep improving the platform. Furthermore, they offer secure storage for Bitcoin and security features for every account. A special feature is that GetBTC rewards clients with Bitcoin when they find vulnerabilities in the system.

    Furthermore, GetBTC has an Affiliate program that works through referral and offers clients up to 50% commission on trades. 

    The trading fees at GetBTC are 0.20% from each transaction. Deposit and withdrawal fees depend on the currency and payment method used. They support deposits in fiat currencies and offer a variety of payment methods (ADV CASH, Perfect Money, Cryptocapital, QIWI, etc.) to their customers.

    The trading platform of GetBTC is simple and offers next to the usual features, also a chat function. It supports three applications: Order on Market, Stop or Limit orders.

    At the moment, GetBTC negotiates with investors about changes and new forms of the platform, wherefore it is only running limited right now.

    GetBTC Exchange Review, Trading Fees, Deposit and Markets

    • 24h Trading Volume

      83.068 BTC

      • GetBTC Total Trading Pairs

        8

        • GetBTC Margin Trading

          No

          • GetBTC Deposit fees

            Deposit fees can be found here: https://getbtc.freshdesk.com/support/solutions/articles/30000022790-information-about-fees

            • GetBTC Fiat Deposit

              Yes

              • Accepted Payment Method

                None

                • GetBTC Native token

                  Yes

                  • Native token smart contract

                    N/A

                    • GetBTC Trading Markets
                      • GetBTC Stablecoins trading

                        GetBTC Withdrawals

                        • Daily Withdrawal Limit

                          no limit

                          • GetBTC Withdraw fees

                            Withdrawal fees can be found here

                            • GetBTC Withdraw fees discount

                              N/A

                              • Proof of Reserves

                                N/A

                                GetBTC Exchange Rating Analysis

                                Last edit 30.07.2019

                                • GetBTC is a relatively new exchange aimed at Russian audiences and based on an island in the Carribean (St. Vincent and the Grenadines). Overall, the website design is average, and the exchange offers competitive fees, at just 0.2%.

                                  GetBTC does not directly support any fiat currency directly, and requires the user to first open an account with Crypto Capital, and then bind the account number to the exchange in order to make fiat deposits/withdrawals. Also, despite having some articles in English there are entire sections of the website only available in Russian, including the form for opening a support ticket to which we never got a reply. So, unless you speak Russian – most of the exchange functionality is practically not available.

                                  Adding insult to injury, when tried to contact the support team via the form in Russian the system automatically opened a new account with the email entered in the form. Tracking the team behind the exchange also has been quite unsuccessful, with only a handful of names of ICO Managers and the CEO Valter Bardhi being public, all with no traceable experience.
                                  Overall quite a risky exchange to trade on, given the remote location of where the exchange is based, the unhelpful nature of the support section and the anonymity of the team behind.

                                  The only pro of trading on GetBTC remains the quite low trading fee of just 0.2%.

                                  GetBTC Exchange Additional Information

                                    • GetBTC Headquater

                                      Israel

                                      • GetBTC Establish date

                                        2017