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Bit.com Review – Is Bit.com Scam or Legit?

Bit.com Exchange Rating
Conclusion
Read our Bit.com review and learn why we recommend this exchange for online trading and why it is not a scam, learn all you need to know in this Bit.com review before you sign up with the exchange.
Account Types
9.1
Trading Speed
9.3
Customer Service
9.1
Safety
9
9.1

Bit.com Review

Bit.com logo

Are you aware that you can earn substantial returns from trading digital assets? Online trading is full of lucrative opportunities that earn multiple individuals millions. It is without a doubt that you know how the crypto market boomed since the start of 2021. If you are looking for financial freedom, you may have to try crypto activities. However, keep in mind that not everyone succeeds in this space. As much as you often hear about individuals who earned huge profits from the crypto market, things might be hard than they seem to be. You have to incorporate various strategies to maximize your returns while interacting with the financial markets. That is why you may require a reputable broker like Bit.com. Although this exchange has not been in the market for long, it proves to have something for crypto fans. Read our comprehensive Bit.com review to gauge if the broker has what you want from the cryptocurrency sector.

Indeed, a broker is vital for any investor looking to flourish when trading digital assets. After all, you need brokerage services to access the various tradeable assets for a lucrative business. The best thing is that you can find a wide range of brokers on the internet ready to serve you. However, beware of scams and unreliable platforms. If you want to enjoy your trading career, do yourself a favor and act with diligence when opting for any broker in the market.

Bit.com is a reputable exchange based in Seychelles that you can rely on to ensure a lucrative experience as a crypto trader. Although not the best you will find, this broker has what most traders want in the cryptocurrency industry. However, your research counts most when it comes to choosing a legitimate crypto exchange. That means analyzing different brokers to find out the one with features designed to earn you more. The best thing is that Bit.com broker serves both experienced and newbie traders. If you are looking for a one-stop solution for all your crypto needs, you may try what this exchange offer to different trader classes around the globe.

What Is Bit.com

Launched by Matrixport, Bit.com is a legitimate and high-performance crypto derivative exchange that you can utilize for seamless crypto dealings. This Seychelles-based broker serves legit investors with legit services. Bit.com developers ensured that you enjoy lucrative endeavors through risk management and institutional-grade security protocols for the best trading performance as you leverage the best liquidity. If you are interested in a broker with top performance, you may depend on what this platform has for its followers. 

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Bit.com website

The best thing about this exchange is that it offers you access to multiple markets, including indices, forex, commodities, cryptocurrencies, and others. Are you interested in a platform that allows you access BTC-based margin trading? You might enjoy Bit.com due to its high-end features suitable for both professional investors and newbie traders. Indeed, some brokers have their services designed to suit a given trading class and not all-inclusive services. Those crypto companies work best for experienced individuals. If you are a freshman in the market, rely on brokers for all, like Bit.com.

However, as a rule of the financial game, research before you invest. In that context, let us analyze what Bit.com has for traders.

  • Bit.com Liquidity

Bit.com caters to any crypto fan looking to take advantage of liquidity for increased returns. If you want to maximize your profits when in the virtual markets, you have to consider your brokerage’s liquidity. Before we dive deeper, do you know the whole thing behind crypto liquidity? Well, that is a vital aspect to any online trading enthusiast. Liquidity refers to the ease of converting a digital coin into money or other coins without affecting the cryptocurrency’s value. A high liquidity market translates to a stable and vibrant business atmosphere, where market players can trade easily at reasonable prices and quickly. For that reason, online exchanges have all their features and tools designed to reinforce the trading platform with features that improve liquidity.

Crypto liquidity ensures accuracy for technical analysis, examining past crypto prices, and utilizing charting patterns and technical indicators for better market price prediction. Though most individuals remain skeptical about technical analysis accuracy, the methodology is accepted well in the general crypto community. The best thing with a liquid market is that it has a more precise and developed price and charting formation, enhancing accuracy.

Bit.com understands that you want to try utilizing liquidity for your best to maximize your earnings. If you are a crypto trader, you probably understand how speed is vital for lucrative trade execution. With a liquid marketplace, you will enjoy simplified and accelerated processes to purchase and sell your digital coins. With the multiple participants in the market, you may have to overlook the speed issue to have the best in your cryptocurrency career. Bit.com liquidity allows you to enter or exit trades quicker. That is a puzzling thing in the fast-paced crypto market.

Another benefit of liquidity is that it brings stability to the market. Moreover, you will not suffer from the vulnerability resulted from wild swings, a usual thing in the crypto space. It is undeniable that you know how volatile the market is. For instance, in an illiquid market, whales can influence price changes with little market dealings.

A simple sell or buy can trigger wild changes in cryptocurrency prices, increasing volatility for risky markets. On the other hand, many orders and participants in a liquid market help maintain market price stability. Bit.com wants you to enjoy all the benefits of crypto market liquidity. You can visit their website for more insights.

  • 50X Leverage

Leverage in the crypto market means purchasing more affordable assets using a complex cash-lending system provided by crypto exchanges. For instance, when using 2X leverage, you purchase twice the trade’s value each time you execute your crypto deal. That translates to your trades worth rising and falling two times faster, similar to trading one-one leverage.  Do you want to try leverage crypto trading? You can try what Bit.com offers.

Bit.com provides you with leverages of up to 10X on options and 50X on futures. That translates to borrowing 50 times what you want to invest in a single future trade. Moreover, it means winning 50 times more or losing at the same rate. If you plan to use the leveraging feature, keep in mind that it means more risk. Multiplying your money in the crypto market is not an easy subject.

Meanwhile, leverage trading guarantees substantial profits when executed as required. You can multiply your returns with the best timing, where nothing stops you, even if you use higher leverage figures. If you want the possibility to increase your futures returns by 50 you can join Bit.com. You may take advantage of their leverage trading to ensure high profits.

  • Security

Security is a vital thing to evaluate before you choose to invest with any exchange site. You must select a broker that will prioritize your online security to have a smooth trading career. The internet is full of scammers, and the crypto space is not an exception. You might have heard about investors losing their investment in the hands of online criminals. For that reason, you have to be extra careful when venturing into this unstable market targeted by online attackers. However, do you have to trade with fear? You can change your trading game by opting for regulated exchange sites. With that, you will utilize services by legit brokers that use the latest security protocols to safeguard your cryptocurrency deals.

Licensed and regulated exchanges aim at creating a secure crypto atmosphere that you can utilize to maximize your returns. If that is what you want to enjoy a new approach to investing, Bit.com may never let you down. As much as it is not the best broker in the crypto industry, it is the best destination for crypto enthusiasts that enjoy trading in a secure environment.

Bit.com is a trusted exchange that you can depend on for long-term secured services. If you want to know what it means to trade with regulated crypto exchanges, you can opt for this broker. That means dealing with a platform that complies with the rules and regulations of the crypto market. Bit.com has its crypto services monitored by reputable financial regulators. With that, the exchange cannot indulge in any customer-violation malpractices. That is because the regulators are always on the look to ensure that the broker delivers its promises.

You will never worry about the safety of your funds and data when interacting with Bit.com. To facilitate that, the broker utilizes SSL, the latest encryption technology that protects information transmission between servers and investors. The technology encrypts your online footprints to make them useless for any intruder that might track your crypto movements. Bit.com uses the AML and KYC protocols to prevent unauthorized individuals from accessing your account. No one will tamper with your investments in that case. Moreover, the broker safeguards its clients using a Cactus Custody infrastructure.

  • Available Crypto Assets

A broker is vital to your trading career since it offers you access to the crypto market. Indeed, you cannot trade assets without brokerage help. From opening your trades to cashing out your returns, an exchange platform is necessary. As said earlier, you will encounter multiple exchange companies on the internet. What makes them different? Well, crypto brokers try to distinguish themselves from each other in many ways. Others have their services designed to serve specific traders, while you can utilize others regardless of your location and financial background.

If you want to enjoy your presence in the crypto market, select a broker that has many features for you to choose what matches your crypto game. With many tradeable objects, you can navigate through the market as much as you want to explore different facets that the market has. Keep in mind that the crypto market can be large than you think. Moreover, with multiple assets to trade, you will reduce the related risks by diversifying your investments. For instance, you can hardly escape losses when trading a single asset that drops afterward. You probably know the dangers of wild swings in the crypto market. Crypto worth $1 today can surge to $200 by next year. Also, that same asset can run out of the market due to drastic declines. That means losing your entire investments. That is why experts advise you to invest in various assets to mitigate the risks. There is no need to trade with a platform that offers ‘top three services’ while the market has over 5,000 digital coins rotating.

Bit.com knows how essential many crypto assets are in maximizing traders’ wealth. With this exchange, you can trade popular and lesser-known digital coins. The broker allows you to deal with Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash, Monero, NEO, and many others. The best thing is that Bit.com works on updating its tools and features. You might find increased assets the next time you visit the exchange.

  • Bit.com Trading Platform

Multiple tradeable assets would be useless if you cannot access a reliable trading platform. Keep in mind that you will utilize this feature most when in your crypto endeavors. Make sure to analyze your broker’s trading platform before you invest your funds. Remember, the trading platform will determine the experience you will have while trading online. However, how can you find a broker with the best platform that you can depend on to maximize your profits? Well, if you want to invest professionally, more is needed here. You can seek advice from experienced traders to see their views concerning a given crypto trading site. However, some brokers offer demo accounts that you can utilize to understand different brokerage facets before investing. Confirm whether your broker has a free demo and use it.

Bit.com does not compromise when it comes to a trading platform. If you are looking for an exchange that can allow you to trade anywhere, this broker has you sorted. After all, what else do traders want apart from money-making flexibility and convenience? Bit.com alleviated compatibility issues, allowing you to trade seamlessly using the device of your choice. You can access all crypto elements using Android, iOS, API, and Web. If you are the type of investor that does not enjoy installing various crypto trading software, the web-based platform will suit you.

Bit.com ensures that you enjoy a top performance with its intuitive and user-interactive platform. Delays when executing your trades can lead to mixed profits or losses. You will not experience such things when using this exchange designed with a one-fits-all mentality. 

Another thing is that Bit.com equipped its trading platform with many features and instruments that you can utilize to amplify your crypto profits. For instance, you can take advantage of the live rates, market news, crypto charts, graphs, and indicators, among others. Make sure to use all these features to improve your performance when in the financial markets.

  • Customer Support

It does not matter your experience in the financial markets. You will require professional support when trading your favorite assets. True enough, the crypto market updates daily with new features and terms. What will you do to understand crucial terms when in your crypto journey? Contact your broker. Online brokers provide multiple ways to access them whenever you have any crypto-related concerns. However, exchange platforms take different durations when attending to their customers. The nature of the crypto market demands speed for anyone looking for magnified profits. For that reason, you may have to avoid brokers that take many days to reply to your messages.

Bit.com is here for you in all ways. The exchange has a team of professional that is always ready to offer you outstanding support. You can contact them each time you have challenges when interacting with cryptocurrencies. For customized solutions, you can contact the account manager, who can even assist you with investment advice. If you need technical or customer assistance, you can reach out to them via support@bit.com. You will enjoy many ways to reach out to Bit.com when you require trading solutions. You can access their contact info on their official website.

Moreover, the exchange has a comprehensive FAQ page that you can utilize to solve various issues when trading. Bit.com customer support is available 24 hours per day to allow you to trade without hurdles at your own time.

Final Thought

Bi.com is a Seychelles-based centralized derivative crypto exchange supporting perpetual futures, options, and swaps. The platform has multiple features that you can utilize to improve your crypto game. If you are looking for a reliable exchange to monetize your cryptocurrency accomplishments, you can try what the dealer has. You can take advantage of high liquidity and 50X leverage to have the best out of the crypto industry. However, make sure to analyze different brokers before you trust any platform with your money. Beware of rampant scammers in the crypto space. Read the above Bit.com review to know what a legitimate cryptocurrency exchange needs to have. Although not the only platform in the industry, the broker seems to have something worth your consideration.

Bit.com Exchange Rating
Conclusion
Read our Bit.com review and learn why we recommend this exchange for online trading and why it is not a scam, learn all you need to know in this Bit.com review before you sign up with the exchange.
Account Types
9.1
Trading Speed
9.3
Customer Service
9.1
Safety
9
9.1

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Eino Kinnunen (Finland)

Eino is a new writer for Tokenhell, he resides in Espoo, Finland and he has been a crypto journalist for over 3 years for various cryptocurrency news agencies.

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