BitHash - bithash.net REVIEW, TRADING VOLUME AND PAIRS
BitHash is a small Singapore cryptocurrency exchange founded in 2016. It is focused primarily on the Asian market. The official website of the platform (bithash.net) translated into English, Chinese, and Russian languages. There are more than 100 trading pairs on the trading platform, and among the most popular coins are BTC, ETH, LTC, BCH, ETC, and DASH. Trading is conducted with the Dollar, Euro, Russian Ruble, and Bitcoin, which makes the exchange attractive for traders from all over the world.
Before you start trading on bithash.net, you need to register an account. To do this, click on the Sign Up button and enter the requested data – email address and password. After confirming the entered data, the system will send you an email with a link to confirm the creation of a new account. Upon completion of registration and having previously filled up the trade balance, you can start trading.
When an account is created, an intra-exchange multi-currency wallet becomes available. To replenish your account, you need to choose a currency and click "Deposit". The system will generate the address for the transfer of funds and a QR code.
Having a wallet is convenient because:
1. By generating new addresses, you can still use the old ones that were created earlier;
2. It is easy to track the transaction status and find out whether it is confirmed and how many confirmations are performed at the moment.
Generally, the transaction confirmation time is about half an hour.
Buying and selling cryptocurrency
After depositing your account, you can start trading by going to the appropriate section of the website. You can buy and sell digital coins both through the exchange interface, by opening orders, and in the "exchanger" mode at the current market price.
In the "Exchange" section, you can find a full-fledged trading cabinet with charts and various information monitors of the market. It is clear, concise and user-friendly, so even an inexperienced user will not have problems with it.
To withdraw funds from the balance, you need to enter the wallet and click on the "Withdraw" button. The system will prompt you to specify the address of the external wallet to which you plan to withdraw funds. The withdrawal request is processed immediately, and the corresponding entry appears in the payment history.
BitHash boasts one of the lowest trading commissions, which is 0.1% of the transaction amount for the buyer and seller. The fee for the deposit/withdrawal of funds depends on the specific currency, as well as on the parameters of a particular blockchain. On the withdrawal page, the user can learn more about the exchange rates.
Bithash platform cannot boast large trading volumes and sound liquidity; however, it has plenty of advantages, including:
• The presence of an Affiliate program that allows you to earn 50% of the commission of attracted referrals;
• Affordable tariffs that are lower than the market average;
• Convenient multilingual interface, optimized for the needs of the trader;
• Competent support service that promptly responds to user requests.
The platform has official Twitter and GitHub accounts. User reviews speak about the openness and reliability of the platform. However, we stay true to our beliefs and do not recommend storing large amounts on the balance sheets of exchanges, regardless of what is said about them in comments and expert reviews.