It is a famous trading exchange platform, and one of the best cryptocurrency exchanges. Also it is for the most popular crypto currencies like Bitcoin,Ethereum, Litecoin, Iconomi and others. There are many trading exchange platforms, and Bitsane is a popular one. Here we are talking about Bitsane as a one of popular trading exchange platforms.
It is a trading exchange platform. It became one of the best cryptocurrency exchanges. Also it concerns the Irish company Bitsane Limited. Bitsane Limited is in Dublin. Furthermore Bitsane the Irish provider has been on the market since 2016. It offers the stock Anybits. It offers crypto-to-fiat and crypto-to-crypto trading through a single account type.
Bitsane Registration steps
2- After this step you will receive an e-mail with an activation link. When you confirm this link, your account will be in activation and you can use it.
There are next steps concerning the work on this trading exchange platform. After the registration step there is deposit funds step. In order to trade crypto-currencies on Bitsane, you must deposit funds on it.
1- Deposit funds
You have many wallets to transfer Bitcoins and Altcoins, furthermore wallets to transfer the FIAT currencies (euros or US dollars). In addition to Bitcoin, Ethereum, Litecoin, Dash,Ripple, and others you can also deposit many coins through the partner exchange Anybits. These coins like Augur, SMS Coin, Melon, Doge, Ethereum Classic, Clam and others.
To deposit coins click on “balance” and then choose a desired coin or Flat money US Dollars or Euro under “wallets”. Click on “deposit”. In case of coins, copy the address concerning the displayed wallet into your clipboard. You will enter this destination address when sending from another wallet. This from which you want to transfer credit. After that the sent amount of coins will be displayed in the corresponding wallet on Bitsane. For euros deposit you can use Advcash , and Okpay without any further verification. The deposit is carried out in the euro wallet. The process in payout is like “withdrawal” in each wallet.
2- The optional verification for transferring FIAT money
To verify your identity on Bitsane, you must enter your name, address and date of birth under the menu item “personal information”. Also you must state your identity card number and the corresponding expiration date of the ID card. After that You can proceed to “verification” confirming your identity and address. you’ll need a copy of your ID card (both sides) to prove your identity. You can now upload under “verification” on Bitsane. The upload function appears there after you entered your personal information. To verify your address, you can submit a utility bill, a bank statement, or a tax bill. The documents proving your stated place of residence must not be older than three months. Bitsane will check the documents after uploading and Bitsane will accept them.Your account will be available for deposit using bank transfer. The process will take 24 hours.
3- The buying and selling on Bitsane
In order to do this you will choose the icon “exchange” at the top of the page. After that you can click on the suitable currency combination you would like to trade. For example, if you want to buy Bitcoins for euros, you can choose the currency pair Bitcoin (BTC)> Euro (EUR) here. The current market data will be in the candlestick chart, as well as the currently placed orders (buy or sell). After that put an order. Order types are market and limit. The market order will be done immediately. But the limit order will be done if a market participant is disposed to sell at your limit or at a cheaper price. After putting an order, you will see this under “balances” in the transactions history. After buy or sell order, the changed value of your balance will appear in your wallets.
1- Safe and Secure
2- Easy usage
3- The Professional Support
4- Super Fast Trade Execution
The payment options, and fees
It offers deposit and withdrawal methods like Okpay, Sepa, Advcash, and Wiretransfer. The fees are for deposits and withdrawals. depositing and withdrawing euros cost are as follows
Cryptocurrencies deposit is free of charge, while fees will be in retention for payouts. There are minimum limits, from which an advanced payment is possible anyway. There are surcharges for trading. That depends on whether you act as a taker or a maker for an order. The maker is charged 0.15% fee for trading and the taker 0.25% of the order volume as extra costs. This is also slightly higher compared to other exchanges like GDAX, Kraken,and Bitfinex.