A user can get access to digital asset trading service as well as Over the Counter (OTC) trading service. The website has some of the most advanced security features in place. The company makes use of bank-level SSL technology to encrypt the data. When it comes to platform stability, Bit-Z uses GSLB through means of distributed servers.
The company emphasis is providing an efficient as well as a safe trading experience to all the users. Just like any other major crypto exchange, a user is required to undergo strict verification process which further unlocks tiers of accounts. If you’re looking forward to higher withdrawal limits as well as long list of cryptos at your disposal, then you must get your account verified.
Bit-Z review
There are over seven dozen major crypto tokens available on Bit-Z. Also, the trading pairs are available with Bitcoin (BTC), DKK Token (DKKT), Ethereum (ETH), Tether (USDT) and more. Most of the users are required to start trading by depositing Bitcoins from their respective wallets to the platform. Thus, once you have sufficient balance in your account, you can start trading. Talking about state of the art features offered by Bit-Z, a user can leverage real-time market information, advanced charts, API access, histories, trade reports and much more. Thus, an automated trading is possible at Bit-Z.
Automated trading at Bit-Z
You must be wondering what are the OTC trades? Well, Over The Counter trades are constantly gaining popularity in the crypto market around the world. Bit-Z is the leader of OTC trades. One of the most fascinating facts about the OTC trades is that a user is not required to make use of an account or any trade to purchase currencies. You can directly purchase your desired crypto from other members of the site.
Also, those OTC orders will not appear in the regular transaction listing. You can know more about them in the respective OTC area of the dashboard at Bit-Z. The user interface is attractive and is meant for a higher degree of engagement. The platform offers simple sign-up and account verification procedure and you can make your account from scratch in no time.
Fees at Bit-Z
Talking about the fees which Bit-Z charge from their clients, the overall fees are relatively low. If you’re making a deposit, you’re not required to pay any fees. When it comes to withdrawals, the associated fees literally varies depending upon the chosen crypto. In a nutshell, the average fees a user is required to pay on every trade is 0.1%. One should understand that there are legal restrictions for the crypto enthusiasts who hail from Germany and New York State. People who’re from the above-mentioned places aren’t allowed to make use of Bit-Z platform. Moving towards the hacks, the exchange has never been hacked in its timeline. Also, since China has banned every possible ICO in the country, Bit-Z is opening opportunities for Chinese investors.