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BITFLIP

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About BITFLIP

Supported Currencies and Payment Methods

BitFlip supports many “traditional” fiat currencies: USD, EUR, RUB, THB and UAH. So, its users can buy coins directly with cash, or cash out their cryptocurrencies. Of course, these transfers come with a price (see details below). On this exchange you can deposit or withdraw fiat via a number of e-payment systems, such as AdvCash, Capitalist, Payoneer, Payeer, Perfect Money, QIWI, WebMoney. Unfortunately, convenient payment methods such as bank wire and credit card payments are not available at this exchange.

Available Digital Assets

There are a number of digital assets available at BitFlip. Apart from the most popular Bitcoin, Ethereum and Ripple, one can also trade in many „smaller” altcoins. Actually, it seems that less popular coins such as Revain, and Bitcoin White are the most actively traded on this exchange.

Trading Fees and Platform Features

Trading at BitFlip is comparatively low-cost: Market makers pay 0.10% per trade and market takers are charged with 0.18%. On top of that, high-volume traders get discounts. BitFlip’s trading platform is web-based and easy to use. It has some basic charting, however there are no technical analysis tools.

Key data

data refreshed every 10 minutes$41 / 24h
Trading pairs64
Founded2017-06-17T00:00:00.000000Z

BITFLIP is a centralized cryptocurrency exchange (CEX) that has been operating since 2017. It lets users trade a range of digital assets through a single platform managed by the company itself, rather than peer-to-peer. If you've just looked it up by name, this page covers the basics you need to know before deciding whether to use it.

Frequently asked questions

What is BITFLIP?

BITFLIP is a cryptocurrency exchange where users can buy, sell and trade digital assets. It operates as a centralized platform, meaning the company manages custody of funds and matches orders internally. It has been active since 2017.

Is BITFLIP a centralized or decentralized exchange?

BITFLIP is a centralized exchange (CEX). This means users' funds are held by the platform itself and trades are processed through the exchange's internal systems. As with any CEX, this offers convenience but requires trusting the operator with custody.

When was BITFLIP founded?

BITFLIP was founded in 2017. It has therefore been in operation for several years, spanning multiple market cycles. You can check its current trading activity in the live data blocks on this page.

What should users pay attention to when using BITFLIP?

As with any centralized exchange, look into its fee structure, withdrawal limits and verification requirements before committing funds. It's also worth checking the platform's security track record and whether it provides proof of reserves. Keeping large holdings in a personal wallet rather than on the exchange is a common precaution.

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