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Bitbank Review

15

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Followers 1

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Average

Revainrating 4 out of 5  
Rating 
3.8
Crypto Exchanges

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Description of Bitbank

Bitbank is a Japanese exchange that focuses on trading Bitcoin and other cryptocurrencies against the local currency, JPY. Coin-to coin trading is also enabled.What makes Bitbank stand out anong its competitors is that it currently does not charge any trading and deposit fees. In fact, clients if Bitbank pay only for withdrawals out of the exchange.

Reviews

Global ratings 15
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    2
  • 4
    11
  • 3
    1
  • 2
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  • 1
    1

Type of review

Revainrating 1 out of 5

Trading platform dangerous don't trust it

I've started to trade in secondary exchange with this platform to compare it with others like FTX or Binance. As i wanted to withdraw my money they asked me big fees and as i wanted to pay to get back my money, any customer service replied to my questions and i think they blocked me to escape. Ultimately they keep my money and don't reply to me. Be careful before opening an account by bitbank because even if its easy, it ll be impossible to be satisfied especially to withdraw . FTX and Binance

Pros
  • None
  • I can't see one
Cons
  • customer service

This is a Japanese exchange called bitbank my experience with this exchange was actually very very good registration was very easy and the mode of the post it was very very ok by me, immediately I had my account although there is need for two-factor authenticator to safeguard your account in order for scammers not to temper with your funds. This exchange also uses Japanese currency as the only Fiat currency supported. My my review won't be complete if I don't talk on the parts of the trading…

Pros
  • Transparent
  • Nice trading environment
Cons
  • None

Revainrating 4 out of 5

My detailed experience on the exchange bitbank

Bitbank is a crypto currency exchange that was first established in Japan, it allows traders to execute trading activities using the official Japanese currency JPY, it was solely created to trade Bitcoin and other crypto currencies. This exchange comes with an amazing benefit for it's users, traders execute all trading activities without charges on transactions, it charges 0% on both withdrawal and deposit. It is very accessible and simple exchange platform, it has an easily navigable…

Pros
  • Great user interface
  • It has great popularity and rating
  • Good design by the developers
  • It is available on stock exchange
Cons
  • No cons

Revainrating 3 out of 5

Bitbank: A japanese crypto currency exchange platfrom

Bitbank is an exchange platfrom that was founded in Japan, it's main purpose of establishment is to trade Bitcoin and other crypto Traders can trade JPY using coin to coin.  It is a very easy and outstanding exchange because It doesn't charge client on both deposit and trading fees. It has a very simple and excellent design, it's user interface is very easy and accessible, it is available on stock exchange. It is also available on mobile platforms and on website, it is generally used

Pros
  • Good user interface
  • No charges for transactions
Cons
  • No negative comment

Bitbank is a japanese based trading platform, infact the most invested Cryptocurrency Exchange and mostly use by the Japanese because of the acceptability of japan Loca currency (JPY) that enable traders and investors to deposit using their bank account and withdrawal directly to their bank As a trader, one most consider the regulation of a trading platform before invest in such and Bitbank was licensed and regulated by the Japanese financial services agency which makes it a legal…

Pros
  • Well supported by the communities
  • Is a regulated and good reputation trading platform
  • It has a very low fee
  • It allow buying and selling with fiat Currency JpY
  • It has 24/7 support services
  • Is available on all major Platform for easy Accessibility.
Cons
  • It support only japan local money as fiat.
  • It website was translated in two language which is not encouraging.
  • Is not Anonymous because account verification required personal information.

Revainrating 4 out of 5

The most invested stock exchange platform in Japan: Bitbank

Hello everyone, I will share with you my review about the Bitbank exchange platform, which is one of the stock exchange platforms. Thanks in advance to everyone who read or not. It is an exchange platform that originated in Japan and is mostly used by crypto traders in Japan, but now it is a platform that I think should be opened in Europe. I guess I wouldn't lie if the Bitbank exchange platform was called the largest investment exchange platform in Japan. In fact, I think it is used by…

Pros
  • It has a mobile application.
  • There are almost no fees charged for transaction fees.
  • It is used by people a lot.
Cons
  • The design of the website is a bit simple.

Revainrating 4 out of 5

Bitbank exchange is reputable, safe and transparent

While most exchanges have decided to move out of Japan in other to avoid the stringent regulation of the Japanese financial services agency, Burbank is one of the good ones that want things to be done properly. The exchange is Fully licensed and regulated. As a matter of fact, this is what I used to consider first in an exchange this is because personally an exchange that is not licensed is not legal and anything can happen in terms of mismanagement of funds, loss of funds and many more. For…

Pros
  • It is regulated and licensed by the reputable JFSA
  • Customers enjoy 24/7 support
  • The exchange is very safe and secure with several security features
Cons
  • They need to add more digital and flat assets
  • It doesn't have a downloadable app
  • Withdrawal fee is low
  • It does not charge trading fee
  • It has several trading tools like chart and many custom indicators

Revainrating 4 out of 5

Bitbank.

Bitbank is an exchange platform that maintains its operations in Japan, this exchange since its launch has had a great reputation in the country since it is among the main exchange platforms in the country, one of the reasons is because this exchange manages a large capital within the country, in addition to that, it has great support from the community, having large masses of people who support and endorse this currency. One of the characteristics of this platform is that it supports fiat…

Pros
  • It is one of the main exchange platform in Japan.
  • It has a large community that supports this exchange.
  • Supports fiat currency.
Cons
  • It is more focused on the Japanese public.

Bitbank is nothing more than a cryptocurrency trading house that currently occupies the number 1 position in Japan, its position is well deserved for the excellent services it provides to the community of crypto holders. Its security is too high since it has an intelligence on its platform to neutralize hacker attacks, Anyone can trade with the six cryptocurrencies on this platform since it is very easy. In just one day you can complete your registration and be able to exchange digital assets…

Pros
  • It allows the exchange between six important and famous digital assets such as BTC, XRP, LTC, ETH, MONA and BCC.
  • Protect digital assets on the platform with the highest anti-hack technology.
  • Availability to download the platform on mobile devices.
  • The design of the site is very advanced and easy to use, it is a very intelligent platform.
Cons
  • It is only present in two languages, English and Japanese, so other countries have to use translations.
  • In 2018, its exchanges were initially affected by regulatory warnings.

Revainrating 4 out of 5

BitBank

This exchange platform has been offering its exchange services for 3 years. This platform is one of the most popular in Japan because it is a Japanese exchange platform that mostly appears among the top 100 in the Japanese region due to its high trading volume, this platform has an attractive interface for multiple users since It has a good design and easy management of its services. The platform does not crober for deposit on this platform only for its withdrawals and with very competitive…

Pros
  • Extremely easy to use and navigate
  • Cryptocurrencies are kept in cold storage
Cons
  • only operates in japan

Revainrating 4 out of 5

Bitinka

The Bitinka exchange platform is a platform that is distributed in multiple countries in Latin America, being a good option for users in those countries as well as being focused on Europe It is an easy registration platform since it can be accessed through a Facebook and Google account. In addition to providing a wide range of cryptocurrencies also accepting fiat currencies. It is a platform that has a lot of experience in exchanges offering an optimal service to its users, this platform It ha

Pros
  • Deposits in fiat currencies
  • Quick and easy registration with facebook and google account
  • Popular cryptocurrencies
Cons
  • Limitation to few countries
  • Very strict bank deposit verification

Bitbank this is a cryptocurrency exchange, which can only be operated in Japan and enters the Bitcoin trade, where you can also buy your virtual currencies through fiat currency, this is one of the most popular exchange services in this continent especially in Japan thanks to its liquidity in terms of transactions since this platform offers the fastest exchange services in the digital world, apart from this it brings a very good interface where you can be very like doing operations thanks to…

Pros
  • transaction liquidity
  • accepts fiat currency
  • very well optimized interface
Cons
  • only operates in japan

Revainrating 5 out of 5

Bitbank platform of exchange.

The Bitbank exchange platform is a proprietary web-based trading platform which is fully compatible with all desktop and mobile devices.The exchange platform is quite advanced and utilizes charting from Trading view which has over fifty technical indicators and numerous analysis tools built into it.

Pros
  • Extremely easy to use and navigate.
  • Crypto are held in cold storage.
  • Very low fees.
  • Market insights and prediction algorithms.
Cons
  • Only supported fiat currency is the japanese yen.
  • Limited customer service options.

Revainrating 4 out of 5

Bitbank - Japanese exchange

Launched in March 2017, Bitbank is a Japanese crypto-exchange that generally appears in the top 100 of listed exchanges according to their trading volume. He seems to have many strengths, the most important of which is that he is duly licensed by the Japan Financial Services Agency. Japan has become the first country to introduce national cryptocurrency and trade regulations, confirming its position as a pioneer in Bitcoin. In addition, cryptocurrencies and Bitcoin in particular are widely…

Pros
  • Regulated in Japan
  • Fiat accepted, bank wire supported
  • No trading fees, deposits free of charge
  • Decent number of altcoins available
  • Security
Cons
  • Focus on Japan
  • Minimum deposit and withdrawal set
  • No leveraged trading

Cryptocurrency exchange BitBank can be called unconventional. She has a clear understanding of goals, is your product and your target customer. It operates on the domestic Japanese market and has pairs with the main cryptocurrencies and the Japanese yen. Along with a high level of security, it becomes a very good tool for trading cryptocurrencies. To work on it for a person who is not a carrier of Japanese — it is enough to use one of the translators from Google or Yandex and have a little…

Pros
  • - Extremely easy to use; - Possibility of cold storage of currency; - No Deposit and asset trading fees. Very low withdrawal fees; - Connected tools for technical analysis of the market. The interface of the BitBank trading terminal has a pleasant interface and ease of use. Most of the workspace is occupied by the field with the currency price schedule. Below it are the tools for technical analysis. In the right part of the screen field to generate orders for the purchase and sale of cryptocurrencies. At the bottom of the screen is the history of the transactions made in the last day with the minimum, maximum order price, and the last, actual price. Between the price chart and the field for creating an order there is a convenient quotation glass.
Cons
  • - Interface language-Japanese; - The only supported Fiat currency is the Japanese yen; - Long account verification; - A narrow set of currency pairs.