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BitVenus Crypto Exchange Review (BitVenus.com reviews) – Is BitVenus.com Scam or Legit?

Read our BitVenus.com review to know everything about BitVenus Exchange. In this BitVenus review, you will get to know whether this exchange is a scam or legit.

Claudia Fischer

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Introduction

BitVenus logo

BitVenus.com is a cryptocurrency exchange started in Canada in 2018 that enables digital currencies to be traded. One of BitVenus’s tasks is offering the most dependable, abiding, and user-friendly crypto trading and investment services in a compliant environment.

BitVenus interface

BitVenus Supported Cryptocurrencies

BitVenus crypto exchange has a numeric analogue behaviour that a person can purchase directly by swapping. The set of six assets that the fund will include is composed of Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Ripple (XPR), as well as Bitcoin Cash and some altcoins.

On the other hand, the payment methods have very high currency calls, trading 50 currencies that bear BTC, ETH, USDT, and sometimes other official currencies in 2024. The platform provides our traders with advanced crypto-assets, enjoying dynamic features, and the team is always ready to introduce new assets to meet the client’s demands.

BitVenus Fee Structure

Bitvenus trading platform utilizes a competitive fee structure to ensure that users can enjoy trading method crypto cheaply. Zero fees on deposits and withdrawals. The exchange fees are charged 0.1% for market makers and takers.

The crypto transactions are free from deposit charges, but withdrawal fees will be applied per the surrounding network transaction fees of the respective cryptocurrencies. In short, Bitvenus exchange decreases traders’ expenses considerably as traders using this platform pay low trading and withdrawal fees.

Features of BitVenus Exchange

User-friendly Interface: The BitVenus’ platform and mobile apps offer a natural interface with advanced charting and order options tailored to new and professional traders.  

Secured Trading: The exchange has security protocols such as cold wallet custody, 2-factor authentication, DDoS protection, and mandatory email confirmation to prevent user accounts and assets from exploitation by unauthorized parties.

BitVenus trading

Multiple Order Types: Traders may use various order types, for example, market, limit, and stop-limit orders, and features like margin and futures trading by trade strategies.

Trading View 

The trading interface of BitVenus.com displays real-time crypto price data, depth charts, technical indicators, and drawing tools for detailed market analysis. Customizable dashboards allow traders to organize charts, watchlists, and open positions as required. Overall, BitVenus.com offers a full-featured trading terminal for executing crypto transactions.

Deposit and Withdrawal

BitVenus supports deposits via wire transfers, credit/debit cards, and crypto-wallets. Supported coins can be directly deposited into user accounts within minutes. Withdrawals work with nominal network fees for all major cryptocurrencies. There are no BitVenus withdrawal fees, but minimum withdrawal amounts apply as per coins. 

Security and Privacy  

BitVenus crypto exchange applies the greatest care when it comes to cybersecurity. This implies cold storage of assets in bank-grade vaults, 2-factor authentication, DDoS protection mandatory confirmation emails, and address whitelisting.

BitVenus security

The team uses the practice of regular vulnerability assessments and security audits to improve the protection levels over time and ensure the security of the user data.

Mobile Application

Apart from the main exchange platform, BitVenus.com offers Android and iOS mobile apps with powerful features for crypto traders on the go. The apps enable quick access for viewing live coin charts, managing portfolios, placing trades securely, and receiving push notifications for price alerts.

BitVenus mobile app

Customer Support Services

BitVenus runs a round-the-clock customer support system with a portal, FAQ section, and email/phone support. Users can find answers to common queries or contact the support team anytime to resolve tickets quickly. Support is available in English, French, Russian, and Turkish languages. 

Pros

  • Natural trading interface
  • Nominal fees for trading and withdrawals  
  • High-grade security infrastructure
  • Responsive 24/7 customer support
  • Mobile app for trading on the go

Cons

  • Limited payment methods 
  • Educational resources can be improved
  • Support for only 4 languages

Conclusion

BitVenus exchange is working gradually to succeed in the big exchange market as it is the fastest-growing crypto exchange. This fits well for those looking for a market that meets all their key requirements: robust, easy to use, and cost-effective. BitVenus trading platform makes that possible for them.

BitVenus.com crypto platform adds strong security measures that make it very difficult for bad actors to break into the platform and have a user-friendly experience while customizing features to their needs.

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