Headquartered in Japan, bitbank is a smartly designed Bitcoin and crypto assets exchange that is simple, easy and highly functional. Trading is supported on multiple web and smartphone platforms. Your trade data and charts are updated in real-time, and you are provided with more than 60 types of technical analysis tools for full-scale market price analysis. The Exchange provides traders with an environment where they can promptly buy and sell several digital assets — Bitcoin, Ripple, Litecoin, Ethereum, Monacoin, Bitcoin Cash, Stellar Lumens, and Qtum.
bitbank Review, Pros & Cons
- Proprietary trading platform
- Useful trading tools
- Educational materials
- Not regulated
- Cryptocurrency trading & funding only
- No MetaTrader platforms
- Limited account options
In this detailed bitbank review, our online broker research team has covered some of the most important aspects for you to consider when choosing the best broker for your online trading needs.
bitbank is a Cryptocurrency Exchange that allows clients to trade 8 digital assets, including popular altcoins, using advanced trading platforms. bitbank is a popular cryptocurrency exchange in Japan. The Exchange also has one of the highest trade volumes in Japan, which can help to make it easy to sell when you want to sell and buy when you want to buy.
bitbank is a Crypto Assets Exchange that is licensed by the Kanto Local Finance Bureau with the registration number: 00004.
Accounts for customers living outside of Japan (non-residents) are usually not permitted by bitbank. However, they do provide accounts for corporate entities registered outside of Japan
Some bitbank features and products mentioned within this bitbank review may not be available to traders from certain countries because of legal restrictions.
The broker provides traders with a proprietary trading platform that is designed to ensure smooth trading of the available digital assets. It is built with a smart and user-friendly interface to suit both beginners and advanced traders — anyone can get access to trade cryptocurrency. Traders can use TradingView for over 70 advanced technical analyses. In addition to trendlines and Ichimoku Cloud, comparative analysis of crypto pairs is also possible on the platform.
It is available as a WebTrader that can run directly on modern web browsers without the need to download or install any additional software. The platform is also available in a mobile version. The mobile trading apps are reliable and rich in their functionality. You can trade anytime and anywhere without missing the chance of trading. Charts are provided from TradingView.
bitbank Trading Tools
Traders also benefit from some essential trading tools to enhance their overall trading experience. These include APIs, Charts by TradingView, and more.
Several educational resources are available to help traders make informed trading decisions, and they include Tech Blogs, Press Releases, Market News, and a Glossary that contains various trading terms along with their detailed explanations.
bitbank offers the following cryptocurrencies: Bitcoin, Ripple, Litecoin, Ethereum, Monacoin, Bitcoin Cash, Stellar Lumens, and Qtum
bitbank Accounts & Fees
Traders are required to open a live trading account to begin trading online.
As broker fees can vary and change, there may be additional fees that are not listed in this bitbank review. It is imperative to ensure that you check and understand all of the latest information before you open a bitbank broker account for online trading.
The Exchange provides traders with a knowledgeable client support team that is always available to respond to their trading inquiries. They can be reached through social media or by filling the inquiry form on the Exchange’s website.
bitbank Deposit & Withdrawal
Account deposit and withdrawal requests are processed using cryptocurrency.
bitbank Account Opening
It is imperative to ensure that when you are going through a broker application, you read all of the broker’s terms, conditions, and policies. Only proceed if you fully understand and agree with them.
Launched in 2014, bitbank is a digital assets exchange that operates from Japan. They provide traders with advanced platforms for trading several cryptocurrencies online. Traders are provided with a selection of educational resources, trading tools, and a client support team.
Cryptocurrencies (virtual currencies) are not “legal tenders” whose value is guaranteed by the government, such as the Japanese yen and the dollar. Electronic data exchanged on the Internet. The price of crypto assets (virtual currency) may fluctuate. There is a possibility of loss such as the price of crypto assets (virtual currency) plummeting or suddenly becoming worthless.