BTC-Alpha Exchange Review
BTC-Alpha is a centralized exchange that occupies #210 on Guru InvestingExchange Tracker. BTC-Alpha has trading volume US$270,632,038 in the last 24 hours and US$101,347,361,747 in the last 7 days.
BTC-Alpha currently has 12 cryptocurrencies, 2 paper currencies and eleven markets (cryptocurrency trading pairs). The most popular trading pair on BTC-Alpha is BTC/USDT.
Compare BTC-Alpha next to other exchanges here: Exchange comparison tool.
BTC-Alpha is a licensed European crypto exchange. launched in November 2016. BTC-Alpha offers a secure and convenient platform for buying, selling and trading cryptocurrencies.
The BTC-Alpha crypto exchange requires all users to undergo an identification and verification procedure in accordance with Know your customer (KYC) requirements. All existing and new users must go through a verification process to make any transaction on the platform.
The Platform restricts or prohibits the use of all or part of the Services in restricted locations, including the United States and its territories such as Puerto Rico, American Samoa, Guam, the Northern Mariana Islands and the US Virgin Islands. Other restricted regions include the Balkans, Burma, Ivory Coast, Cuba, Democratic Republic of the Congo, Iran, Iraq, Liberia, North Korea, Sudan, Syria, Zimbabwe, Crimea, Belarus, Afghanistan, Central African Republic and Russian Federation .
BTC-Alpha is available in mobile applications for Android and iOS. You can also access the platform via the Internet.
Markets
BTC-Alpha supports spot trading and margin trading. BTC-Alpha Spot Trading allows users to trade digital tokens without use. On the other hand, margin trading on the platform allows users to trade using leveraged funds, thereby increasing their stake. The platform offers leverage up to 1:10.
The BTC-Alpha cryptocurrency exchange supports several digital coins, including popular assets such as BTC, ETH, XRP, USDT and LTC. The platform has more than 200 trading pairs. BTC-Alpha trading pairs include crypto-crypto and crypto-fiat.
The exchange has its own token called ALP. The token was launched in 2019. He follows ERK-20 token standard. ALP supports the platform by providing owners with various rewards and privileges for trading on the platform.
BTC-Alpha uses elegant electronic order book to list purchases and sales of supported assets. Both makers and takers can set the price for their sell and buy orders. The platform also uses technical indicators and trading review charts to help users make quick and informed trading decisions.
BTC-Alpha offers dynamic commission, which depends on the user’s BTC-Alpha trading volume over the last 30 days.. Users are assigned VIP status, which determines their commission for the BTC-Alpha cryptocurrency. The minimum BTC-Alpha exchange fee for makers and takers is 0.05%, and the maximum fee is 0.15%. Traders who have a certain amount of ALP tokens in their accounts receive a 20% discount on ALP fees. Users can also receive welcome bonuses and 20% cashback on trading commissions.
Fiat currency deposits and withdrawals incur some fees depending on the payment method used. Depositing cryptocurrency is free, but withdrawals are subject to a fee that depends on the type of digital asset the user is withdrawing. You can see all BTC-Alpha cryptocurrency prices on their website.
other services
BTC-Alpha allows users bet your assets and receive passive income. Interest is paid every month and the interest yield depends on the betting pool.
Also, the BTC-Alpha crypto exchange allows users to trade on the platform using trading bots. Users can create their own trading bots or buy from developers.
In addition, the platform also offers API services which allow real-time data transfer from the platform. The API system also helps in setting up bot trading on the platform.
Finally, BTC-Alpha supports social listwhere users can vote for tokens that will be listed on the exchange.
About company
BTC-Alpha was founded in 2016 Vitaly Bodnar. The platform is licensed in Europe. Its headquarters are in Kenilworth, Warwickshire, UK. BTC-Alpha cryptocurrency exchange provides cryptocurrency trading services from more than 80 countries.
In the first year of implementing its roadmap, the BTC-Alpha crypto exchange team began working with CIS market. He has been frequently featured in leading financial and fintech publications such as Forklog. Moreover, it has also been presented at several reputable cryptocurrency conferences such as Cryptofin. BTC-Alpha’s volume continued to grow as more users joined the platform early on.
On April 18, 2021, BTC-Alpha’s daily trading volume reached a record high of $212.50 million. That same month, BTC-Alpha also conducted its first token burn. The token burning mechanism helps maintain a healthy price for the BTC-Alpha cryptocurrency. In 2022, the BTC-Alpha exchange managed to maintain a daily trading volume of over $10 million.
In November 2021, a large-scale cyber attack. However, the team reacted first to prevent the loss of tokens.
Founder of BTC-Alpha Vitaly Bodnar — professional programmer with experience in blockchain technology. Vitaly Bodnar is also an experienced crypto trader and miner.
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A cryptocurrency exchange is an online platform where you can buy, sell, or trade cryptocurrencies like Bitcoin, Ethereum, and others.
Safety varies by exchange. Look for platforms with strong security measures, like two-factor authentication and cold storage for funds.
Consider factors like security, fees, available coins, user interface, and customer support.
Centralized exchanges are managed by a company, while decentralized exchanges operate without a central authority.
Many exchanges require Know Your Customer (KYC) verification for security and regulatory compliance.
Trading fees vary but typically include maker fees (for adding liquidity) and taker fees (for removing liquidity).
Yes, most exchanges offer cryptocurrency-to-cryptocurrency trading pairs.
Withdrawal times depend on the exchange and the cryptocurrency. Some are instant, while others may take hours or even days.
A wallet address is like a bank account number for cryptocurrencies. It’s required to send your crypto to the right place.
Yes, depending on your country’s tax laws, trading cryptocurrencies may have tax consequences. Consult a tax professional for guidance.
Yes, many cryptocurrency exchanges operate 24/7, allowing you to trade at any time.
A market order buys or sells at the current market price, while a limit order sets a specific price at which you want to buy or sell.
Yes, each exchange sets its own minimum and maximum trading limits, which can vary widely.
It’s not recommended. For security, it’s better to use a cryptocurrency wallet, especially for significant holdings.
Exchanges typically have account recovery processes, including password reset options and support for forgotten usernames.
Some exchanges offer insurance, but coverage can be limited. It’s essential to check an exchange’s insurance policy.
Use strong passwords, enable two-factor authentication, and be cautious of phishing scams and suspicious emails.
Yes, but it’s recommended to learn the basics of trading and understand the risks involved before you start.
Stablecoins are cryptocurrencies pegged to the value of a fiat currency like the US dollar. They provide stability and are commonly used for trading and transferring funds on exchanges.
Yes, regulations vary by country. Many countries have implemented or are considering regulations to govern cryptocurrency exchanges for consumer protection and financial stability.
