It seems that BTC-Alpha is an exchange made by Russians and used predominately by Russians, judging by the name of its CEO Vitalii Bodnar, the main language of the website and the Chatbox. However, the company owning the exchange and the site is registered in the UK. Like most exchanges, it is not overseen by any authority. Apart from not allowing bank wire and credit card payments, BTC-Alpha charges some fees on deposits and withdrawals, which are not to be underestimated. Unlike some cryptocurrency exchanges, like Kraken, GDAX and others, BTC-Alpha does not offer leverage. Those who want to use some margin, may either choose another exchange, or try out trading in Bitcoin CFDs with a forex broker.
Disadvantages: No anonymous trading, No margin trading, Not regulated, Clients’ funds stored online, Bank transfers & credit cards not accepted, Relatively high withdrawal fees. Alpha Cash is HYIP without hype! Another scam project by the Questra owners Alex Prochukhan and Cheslav Pestyuk. Actually if you have a closer look you discover how much it’s close to ill-famed Questra – technically and even visually. They offer absolutely enormous for the market rewards and have typical for Ponzi scheme “grades” or “ranks” structure. Be aware and stay away!