About bitbns exchange
About bitbns exchange
In addition to facilitating trading Bitbns also offers margin trading allowing traders to lend and borrow coins for periods of up to 90 days at a low rate of return on investment (ROI). Furthermore Bitbns provides services such as SIP (Systematic Investment Plan) for Bitcoins and FIP (Fixed Income Plans) which offer weekly monthly yearly returns of up to 13% interest on cryptocurrencies. These options are considered ways to invest for the future while maintaining a portfolio.
Bitbns stands out by offering margin leverage that's not available with cryptocurrencies. Traders can enjoy leverage of up to 4X on 28 cryptocurrencies. Engage in margin lending with the 29 cryptocurrencies. The minimum requirements for margin lending include holding at 0.00078250 BTC, 0.0098 ETH or possessing an amount of assets such, as 46.88 XRP or 37 USDT for a maximum period of 90 days.
Users of Bitbns who possess BNS (Bitbns Token) worth USD 25 can engage in trading, with a fixed trading fee of 0.25%. Moreover when it comes to margin trading the lender is responsible for a commission of 15% while the borrower is exempt from any fees.
As of August 30th, 2019 Bitbns expanded their trading services to include residents of the UAE. This allows users to utilize the USDT P2P (peer to peer) method, for depositing and withdrawing funds in AED (Arab Emirate Dirham).
Bitbns, a cryptocurrency exchange recently partnered with OKEx the largest crypto exchange globally, after Binance in terms of volume. This collaboration allows traders to access the Matic Polygon ecosystem for blockchain transfers. Users now have the option to purchase USDT (Tether) LINK (Chainlink) AAVE (Aave) USDC (USD Coin) and MATIC using Rupee (INR) via NEFT/IMPS or UPI.
Furthermore Bitbns offers Fixed Deposit plans to its users with varying rates of return. Currently they are providing up to 40% ROI on their fixed deposit plans. Here are some ongoing options;
Ethereum (ETH) Mega FD plan; Minimum investment of 0.01 ETH with a ROI of 20% and a minimum lock in period of 30 days.
Bitcoin (BTC) Mega FD plan; investment of 0.0005 BTC with an annual ROI of 12% and a minimum lock in period of 30 days.
In addition to these offerings Bitbns also provides rewards to INR 1000 for individuals who help identify security issues on their website or mobile applications. This feature ensures the safety for users, on their crypto exchange platform.
Why choose Bitbns Exchange as your Crypto Exchange partner?
1. Ascent, by Bitbns stands as the worlds pioneering token launchpad platform meticulously evaluating projects to identify the promising ones. Users can participate with transparency. Make payments through escrow and milestone based funding for enhanced safety. It caters to investors, project creators and yield farmers.
2. Bitbns boasts a user interface that's both seamless and transparent. Unlike candlestick trading screens it offers a to understand order book and trade history. Users can conveniently trade in cryptocurrencies like INR, BNS and USDT.
3. With Bitbns users can take advantage of margin leverage up to 4X on 28 cryptocurrencies as LTC (Litecoin) tokens. Additionally Bitbns provides margin lending options for 29 cryptocurrencies for periods extending up to 90 days.
4. To ensure the security of their assets Bitbns allows users to utilize third party wallets.
5. Bitbns users also have the ability to set up price alerts for types of orders such as bracket orders limit orders and stop limit orders.
6. Through Bitdroplet by Bitbns users can engage in Bitcoin SIP (Systematic Investment Plan) providing them with an approach to investing in Bitcoins.
7. Furthermore Bitbns offers Fixed Income Plans (FIP) granting its users an interest rate of up to 13%, on asset plans. Interest is paid out on a weekly, monthly, quarterly or yearly basis.
UAE residents have the opportunity to engage in trading on Bitbns using their currency Arab Emirate Dirham (AED). Can utilize the USDT P2P (peer, to peer) method, for depositing and withdrawing funds.
Advantages of Bitbns Exchange
The security measures implemented by Bitbns are highly reliable. They provide users, with KYC, Google Authentication 2FA for two factor authentication, OTP and Fingerprint biometrics.
Currently Bitbns offers than 300 cryptocurrencies to cater to their users needs.
Bitbns ensures that their users have the risk of loss by offering bracket orders with stop limit features.
With Bitbns automated buy and sell features users can trade without monitoring the market prices.
Bitbns also provides 4X margin trading and lending options at fees.
Aside from cryptocurrency trading Bitbns offers investment strategies such as Bitcoin SIP method and digital assets fixed deposit for long term investors to enjoy returns on their investments.
All users can benefit from deposit and withdrawal in INR (Indian Rupees) facilities provided by Bitbns.
Bitbns keeps its users engaged through rewards programs like crypto prediction contests where participants need to predict digital asset prices within a given time frame. If successful they are rewarded with assets.
Please note that the reward program is subject to change periodically.
Bitbns has introduced a feature called "Ascent" which allows users to receive funding, for their projects.
Bitbns has formed a partnership, with OKEx, which's the largest cryptocurrency exchange globally right after Binance.
As part of this collaboration Bitbns now provides its users with a Matic Polygon feature that enables them to enjoy secure transfers using technology. Additionally Bitbns users have the freedom to withdraw up to INR 25 lakhs per day and transfer up to INR 3 crore, per day.
How to Open a Crypto Trading Account on Bitbns?
To get started, visit the Bitbns website at https;//bitbns.com. Look, for the "sign up" icon located in the corner of the page. Provide your email address choose a password and indicate your country. Alternatively you can opt to sign up using your Google or Facebook account if you prefer.
If you have a code feel free to enter it in the designated field (. Once done click on "Sign Up". You will then receive a six digit code via email. Enter this code. Click on "verify". Take a moment to read through the note about trading and click on "I agree" to proceed.
Next step is to initiate KYC (Know Your Customer) process by clicking on "Start KYC". For users based in India select "Verify KYC" from the options provided.
For ID Proof 1 link your phone number. Input your name as per your PAN card along with your date of birth (DOB) PAN card number and upload a copy of your PAN card.
For ID Proof 2 provide details from your Aadhar card. Upload a copy of it well.
To complete Video KYC verification process you will be required to submit a photo holding your ID document.
Lastly enter details of your bank account ensuring that you are the account holder. Please note that Bitbns does not accept third party account information, for security reasons.
Once the team has confirmed your KYC (Know Your Customer) you'll be all set to begin trading.
Conclusion
Bitbns offers a platform, for cryptocurrency exchange that caters to both beginners and experienced traders. The trading fees are set at 0.25% with user trades using BNS token ranging from 0.2500% to 0.0300%. Additionally Bitbns provides a feature called Bitbns Pay, which allows users to convert their cryptocurrencies into fiat currency (INR) and use them for in store purchases and online shopping. Moreover Bitbns also offers a cold wallet card option for storing cryptocurrencies.
Currently cryptocurrencies have shown returns with Bitcoin projected to yield over a 600% return, in the five years. However it is advisable to have an understanding of trading and consult with an advisor before engaging in high value trades.
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