BiteBTC performs exchange transactions and charges a commission from each transaction. The commission amount depends on the type of currency, however, as a rule, it does not exceed 0.2% of the transaction amount.
It has the following features:
- SWIFT wire transfers worldwide;
- full compliance with KYC requirements;
- API for automated trading;
- powerful trader desk;
- flexible methods of depositing and withdrawing funds.
BiteBTC is a centralized cryptocurrency exchange (CEX) that opened its doors on January 1, 2018. This page brings together the platform's core facts, live market data, and answers to the questions people ask most often about it. If you've just searched for BiteBTC by name, here's a quick, no-hype orientation before you decide what to do next.
BiteBTC is a cryptocurrency exchange — an online venue where users can buy, sell, and trade digital assets. It launched on January 1, 2018, during the wave of new platforms that followed the late-2017 crypto boom.
BiteBTC is a centralized exchange (CEX). This means trades are matched and processed through the platform's own infrastructure, and the exchange itself custodies users' funds. It's the same operating model used by most major crypto exchanges.
BiteBTC was founded on January 1, 2018. That places its origins at the height of the previous bull market, when dozens of new trading venues were appearing.
As with any centralized exchange, review the fee schedule, withdrawal limits, and verification requirements before you start. Check whether the platform publishes proof of reserves or independent security audits, and avoid keeping large balances on any exchange longer than you need to. A bit of your own research goes a long way.