Review on Bitbns by Aman Arora
Bitbns has become top performing crypto exchange for fiat deposits and withdrawls for Indian users
Bitbns is one the best and highly secured Exchange for fiat deposits and withdralws. I got to know about bitbns in the early 2016 when I was looking around for the buy and sell cryptos in the Native currency. I came across to know about the bitbns which was providing facility of Bank and UPI deposits with no feed as promos. Since then Im quite frequently using bitbns and it has been over 3 years since bitbns has provided quality services for Indian crypto users.
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Its quite easy to register at bitbns and immediately platform will ask you to comply with rules and complete easy to follow KYC procedure which took nothing more than couple of hours. Exchange will also ask you to submit bank documents for easy to use deposits and withdrawls feature and You need to submit proof for the bank or banks you want to use the services of deposits and withdrawls. No other bank will be accepted as deposits and withdrawls and this is best way for the security of funds.
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Exchange has more than 100 tokens to trade with the fiat currency which is INR and easy to use limit and market orders for instant executions.
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Exchange also use 2FA authentication to secure your account and you must use the facility to secure your account. Support and facilities are of top quality as exchange set protocols which is everything to provide competitive services in the crypto industry.
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Fees structure is flat 0.25% for both buy and sell orders but if you hold BNS tokens on the exchange and trade volume is good then your fees is calculated based on 30 days volume and your status will be set to VIP. I am enjoying services as the service provide to Indians and would love to recommend bitbns to everyone looking for the services like support security and instant deposits and withdrawls of fiat.
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Pros
- Facility to use the exchange for fiat deposits and withdrawls with very low fees
- Top quality Liquidation to use for easy Trade Executions with competitive fees structure
- Excellent facilities for users holding BNS Coins on the exchange
Cons
- Relatively high withdrawl fees for sending cryptos to another wallets outside Exchange
New products
Comments (2)
February 21, 2021
Thanks for sharing your thoughts Ibrahim. Bitbns is one of the top performing exchange for Indian from fiat deposit and withdrawl point of view. Even though low users data base and high transaction fees, Bitbns has the lowest Fiat withdrawls directly to bank account. Adoption of various mobile wallets to deposit and withdraw makes it good choice for users to buy sell crypto and that is Primary reason why I've beem using bitbns since last 3 years or so.
February 14, 2021
The exchange seems to be a good arbitration option for some coins. I enjoy there user interface, but I am still worried about its low community. They used withdrawals to cover up for all their discounted fees and transaction rates.
