How Bitunix is attracting highly liquid traders
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Many traders are looking for an exchange that strikes the perfect balance between non-KYC compliance, high liquidity and convenience. These traders return to the fast-growing Bitunex, which has a trading volume of $1.49 billion and nearly 600,000 active users from over 100 countries! But why do these traders choose Bitunix?
Bitunix is one of the 30 crypto exchanges on coinmarketcap and offers users a variety of services, including buying and selling over 180 cryptocurrencies and tracking their live prices and trends. Also, like an exchange, it allows traders to go long and short with their trades.
As Bitunix is committed to developing a convenient, secure and smart financial tool, it has achieved registration as a US Money Service Business (MSB) in the United States. It is also registered with an MSB license in Canada and is currently in the process of receiving an SEC compliance license in the Philippines.
In addition, Beatniks is committed to registering in many countries and has expansion plans in other regions.
About Bitunix
One of the challenges faced by users when it comes to crypto trading is that it is difficult to track down quality investment projects. Additionally, it is difficult to consistently follow efficient and stable business strategies.
As a self-contained crypto social platform that helps bridge the gap between users and users, between users and projects, with users and market data, Bitunix solves exactly that.
By doing this, Bitunix removes information barriers by being a transparent and open environment for trading side by side with their management.
In addition, Bitnics places a high priority on security and compliance in light of the security issues that give crypto a bad name, apart from disinvesting users. As a result, Bitnix adopts bank-level risk control and ensures a greater than 1:1 reserve with user assets at all times.
None of these can be achieved without an expert workforce in the industry. That's why Bitunix hires experts from major crypto exchanges, analysts from top traditional financial institutions, and top experts from various internet giants.
By having a qualified workforce, Bitunix can ensure constant growth and quality product delivery.
Beatniks are also known for their exceptional fluidity. To begin with, the amount of money is coming from different places, such as individual traders, institutional investors and market makers. Because of this, various trading pairs and derivatives are guaranteed to have more liquidity.
Secondly, Bitunix is proud of its narrow spread, which allows for cost-effective trading by reducing the gap between the bid and ask prices. Order matching and execution is made easier at higher transaction volumes, which increases liquidity. In addition, Bitnix constantly monitors the market, which makes trading more fair and helps users trust the platform's liquidity.
Another great feature is that Beatniks offers 24/7 multilingual live chat support as part of their commitment to customer service. Their customer support team is highly skilled and knowledgeable, effectively understanding users' concerns and issues.
They provide professional solutions and efficient problem solving to calculate positions and clarify confusion related to transmission system. This level of expertise ensures that users receive the highest level of assistance for all their business needs.
Bitunix: Expanding to different parts of the world.
With its growing market potential and user base, it's no surprise that Bitunix has expanded to different parts of the world, including Africa, Asia, and Latin America. Indeed, in terms of what it has to offer, Latin America is the best region where Bitunix is best suited due to low fees, friendly KYC policies and growing demand for cryptocurrencies.
According to Chainalysis, Latin America will be the 7th largest crypto market by 2022 and is expected to grow in the coming years. The main driving force behind such a huge increase in demand for crypto is that citizens are starting to use it to store their value due to rising inflation and accepting currency exchanges.
This trend is particularly evident among citizens of Venezuela and Argentina, who face high inflation and are looking for easy-to-use KYC policies. This makes it easy to fund and withdraw from their accounts, giving them the freedom to operate without restrictions.
Bitnix offers the best solution as it has a daily withdrawal limit of up to $500K without a Know Your Customer (KYC) check. In addition, Bitnix protects privacy and provides a safe platform to search for financial opportunities.
While users can buy crypto via fiat with their Visa and MasterCard debit cards or bank transfers, this process requires KYC. Bitnix understands the importance of maintaining user privacy, especially for users living in countries where the use of cryptocurrencies is prohibited.
Bitunix trading platform and features
The main feature of Bitunix as a trading platform is that it is designed to be user-friendly, reliable and responsive during high traffic periods. Users can trade on the Bitunix mobile app or website. There is not much difference between the two platforms as both offer live market tracking functionality, which allows users to track real-time crypto prices.
For the convenience of users, Bitunix has a technical analysis tool for each of the 180 listed cryptocurrencies that includes a K-line chart function that shows price changes over different time frames. Traders use this to determine the best time to trade a coin.
Bitunix offers two types of contracts that users can trade. These include spot and futures trading, as follows.
Spot Trading on Bitunix
Bitunix offers spot trading, which is crypto-to-crypto trading. It offers over 160 different trading pairs including BTC, ETH and SOL among many others. Bitunix spot trading includes limit orders and market orders.
Users can start spot trading with as little as $1 in USDT. The platform is well designed so users can easily buy or sell cryptos. The spot trading platform has a live chart and many other advanced indicators designed to simplify user decision making.
Bitunix has become a popular choice among crypto traders, offering many trading pairs with low fees, plenty of liquidity and efficient order execution.
Futures Trading on Bitunix
To start trading futures on Bitunix, users must first transfer their trading funds from a wallet or need up to $1 USD in USDT to get started.
Once the user enters the futures tab, the Bitunix trading portal opens, directing the user to the trading pair they wish to select. Over 180 USDT margin contract trading pairs on Bitunix offer up to 125x leverage.
Bitnix also offers a margin crossing mode and a neutral margin mode, which provides traders with optimal capital efficiency. This limit excludes market and plan orders, take profit and stop loss orders.
Bitunix trading fees
One of the big reasons for Bitunix's success is its extremely affordable transaction fee structure, which is divided into tiers.
This is a system designed to reduce transaction fees as the amount increases. Traders with higher trading volume pay lower trading fees. Bitnix offers exclusive VIP rates to its members.
Also unlike many other crypto exchanges, Bitunix does not charge a spread on buying and selling coins. Instead, it takes a small commission like other exchanges do in the market. This is done to benefit users because they don't have to worry about paying “double” commission fees.
Bitunix ensures user and exchange security
With the increasing number of cyber attacks, it has become important for users to choose a safe exchange, otherwise they may lose all their money. Bitnix knows this and often invests heavily in its security infrastructure. Bitunix also conducts regular security audits and penetration tests.
This allows Bitunix to see vulnerabilities that hackers can exploit and fix them before anything happens in real life. This is the reason Bitunix hasn't experienced any hacks so far.
In addition, Bitunix prioritizes ethical trading. It not only complies with financial regulations such as anti-money laundering and anti-terrorist financing laws, but also protects users' accounts with two-factor authentication. By preventing unauthorized user account access, the wallet balance is protected from potential theft.
Summary
To summarize, since its establishment in 2021, Bitunix has grown exponentially in the crypto sector due to its affordable price, strong security, user-friendly interface, advanced trading solutions, proven customer support, and variety of cryptocurrencies.
While valuing user privacy, Bitunix is expanding its operations in Latin America, providing the best solution for the region. In particular, users from many Latin American countries are looking for a safe and easy-to-use crypto exchange to receive remittances and protect their currency against inflation.
Additionally, as Bitunix has a no-KYC policy against the $500,000 withdrawal limit, this provides a great business solution for Latin American users. In addition, Bitnix aims to be the safest crypto exchange for users, is looking at expansion in other parts of the world and is constantly looking to improve itself.
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