Bitkub - bitkub.com REVIEW, TRADING VOLUME AND PAIRS
Bitkub is the largest Thai stock exchange, founded in 2018. At the time of writing, the daily trading volume reaches $2.4 million. The project is among the TOP 3 largest licensed cryptocurrency platforms in Thailand. The website offers an exhaustive selection of coins, including the popular BTC, ETH, and XRP, as well as the less well-known Cardano, OmiseGO, Stellar, SIX, and others. Trading is conducted with the Thai Baht, and the maximum volumes are shown by the pairs BTC/THB, ETH/THB, and USDT/THB.
The official website of bitkub.com is available in English and Thai languages. At the same time, the website administration declares that the project is international and is interested in attracting investors' capital from different parts of the world. Website shares detailed recommendations on trading, so even an inexperienced investor can understand the functionality of the exchange. By the way, special attention is paid to trading training here, which corresponds to the company's mission - to popularize the blockchain technology as much as possible not only among a limited circle of enthusiasts but also among ordinary people.
Commission fees and transaction
The platform offers standard rates for customers, which can be found in the corresponding section of the website. The trading commission is 0.25% for the seller and the buyer, which is considered to be above the market average. So the commission is not a competitive advantage of the exchange. As for the withdrawal fees, they are calculated individually for each coin. Making a deposit is not subject to a fee, which is an advantage. At the same time, you can deposit funds to the account in fiat currency by bank transfer or using cryptocurrency.
Maintenance and security
Judging by the feedback of the exchange's customers, Bitkub.com is distinguished by the high-quality work of the support service. The support promptly responds to user requests and solves problems urgently (24/7). As for security, many experts give a low rating to this platform because of the imperfection of the website security system. However, the administration claims that it keeps customer deposits on cold wallets, which significantly reduces the risk of money theft in the event of a successful cyber attack. An important element in the security system is two-factor authentication, which is recommended to be activated immediately after registering an account.
Bitkub exchange, which is of interest to residents of Thailand, who are looking for a platform to trade with Thai Baht. Non-residents of this country will not find anything special on this platform, despite such advantages:
• User-friendly trading interface;
• Responsive support service;
• The presence of “exotic” altcoins;
• Sound asset liquidity;
• Availability of the regulator's license.
Experts have questions for platform in terms of security and reliability, and we agree with them. Although almost 100% of users' funds are stored on cold wallets, we do not recommend storing large amounts here.