Beribit
Reviews 2
No complaints yet
4.5
Verified company
beribit.com
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Beribit is a crypto exchange with the ability to buy crypto assets for fiat. Minimal commissions, secure transactions and fast transactions.
Cryptocurrency exchange
Website
Social media
Date of foundation
2021
Head Office
Lithuania
Types of support
Chat
Twitter
Telegram
Instagram
Reddit
VKontakte
Facebook
Languages
Russian
The owner of the company
Beribit Crypto Exchange
Minimum entry amount
Verified
Cryptocurrency
No limits
Fiat
  • to 10 000 RUB
Unverified
Cryptocurrency
No limits
Fiat
  • to 10 000 RUB
Maximum input amount
Verified
No limits
Unverified
No limits
Minimum withdrawal amount
Verified
No limits
Unverified
No limits
Maximum withdrawal amount
Verified
No limits
Unverified
No limits
Exchange Commission
Trade Commission: 0.15 % for taker
Terminals
Author's platform
Age restrictions
From 18 years
Number of users
1000+
Number of cryptocurrencies
3
Number of trading instruments
3
Margin Trading
No
Tokenized assets
No
Free Demo Account
No
Types of accounts
Execution of orders
Market order, Limit order
Methods of replenishment
Cash, Cryptocurrencies
Withdrawal methods
Bank transfer, Cash, Cryptocurrencies
Account currencies
RUB
Types of cryptocurrencies
BTC, USDT, ETH
Licenses
Licensed
The company has applied for a license (Активна)
Mobile applications
No mobile apps
Trader training
Articles and news, personal managers
A way to store cryptocurrencies
Cold: no
Hot: no
Fiat accounts
RUB
Scalping
No
Stop Loss and Take Profit Function
No
Exchangeability for fiat currencies
On the Russian ruble
Basic verification
At the request of the exchange
Extended AML verification
Regulatory laws
Law of the Russian Federation "On digital financial assets" from January 1, 2021
The Law of the Russian Federation from 07.08.2001 N 115-FZ "About counteraction to legalization (laundering) of incomes received by a criminal way and terrorism financing".
API
Affiliate Program
RegistrationUp to 35% of the commission amount
Benefits
Fast registration and no fees
Several options for executing transactions
In the absence of liquidity, the provider guarantees execution from the funds intended for OTC transactions
Working around the clock, no deposit and withdrawal fees
Withdrawing rubles to cards/accounts + any cards through payment systems
Disadvantages
A total of 3 crypto-assets
Company requisites
Overall assessment
7.6/10
Date of update
20.05.2022

    Beribit is it a scam? Reviews and description

    22 December 2021

    Beribit – основанная в 2021 году cryptocurrency exchangeoffering trading of the largest capitalization cryptocurrencies - BTC, ETH, USDT. It is available to deposit in fiat currency by cash or bank transfer without commission, as well as in cryptocurrency. The company has an informative website with materials for beginners, a convenient terminal and news.

    Can we consider this young platform as a dubious platform and a scam scheme or is Beribit a reliable company that offers safe trading with low commissions? To find out, we have compiled this review.

    Berylite registration

     

    Why Beribit?

    Beribit is a young crypto exchange that offers trading no commissions for makers and 0.15% for takers. You can replenish your account in fiat cash at the company's office. There is no commission for operations in fiat.

    Trading is done on a user-friendly terminal and popular cryptocurrencies are available. Support service works through several channels, including through popular messengers. Developed and profitable affiliate program, which allows you to receive additional income. Exchange beribit.com has a number of advantages:

    • Office in the center of Moscow with the ability to recharge in cash.
    • No fee for deposit and withdrawal of fiat.
    • Quick communication with support via Telegram.
    • Professional legal support for clients from a regular partner.
    • The high percentage of payments from the commissions of referrals to the affiliate program.
    • Open liquidity in the glass.

    beribit.com exchange features

     

    How to exchange cryptocurrency at beribit.com?

    In order to buy or sell cryptocurrency on the platform Beribit, it is necessary to register. This procedure is standard and mandatory to get started. To do this, there is a button "Registration", which opens the registration form. It is necessary to enter e-mail, password and its confirmation, referral code (if any) and agree with the conditions. After sending the application, it is necessary to confirm the creation of an account by clicking on the link from the e-mail sent to the specified e-mail.

    beribit.com registration form

    After creating an account, you will get access to your personal cabinet. To proceed to the exchange, go to the "Exchange" section and select one of the tabs: BTC/USDT, ETH/USDT and USDT/RUB. The functionality of the exchange allows you to place limit (pending order) and market orders. To select the desired type, click on the "Market" or "Limit" button.

    Information about all active bids, trades, as well as the feed of total trades of all users is published in the table below. The following assets are available in Beribit wallet: BTC, ETH, USDT, RUB. Commission for deposit and withdrawal of cryptocurrencies (How to make money on cryptocurrency?) is calculated automatically and depends on the network load, deposit and withdraw fiat for free. If you are an active trader, you may be granted a credit limit. This is convenient for P2P traders who want to have more funds for transactions.

     

    Verification on the Beribit platform

    To trade on the exchange, you must not only register an account. To be able to deposit and withdraw funds, it is required to go through the verification procedure. To do this, the client must send photos of his passport or other identity card and selfies with the document. Also you should confirm your address. To do this you can send a bank statement or utility bill.

     

    Fund Deposit and Withdrawal

    You can replenish your account in rubles in cash at the office in Moscow. To do this you need to leave an application on the exchange website. Click on the "Deposit" button in the "Assets" section and select the deposit method. Enter the amount from 10 000 RUB in the suggested field. After submitting the application, contact Beribit staff via Telegram bot.

    Beribit recharge

    You can replenish your cryptocurrency account in the same section. To do this, click on the "Deposit" button next to the asset of interest. In the opened form, select the network, copy the address (you can use a QR code) and send the transaction. When it reaches the network, you will receive a TxID by which it can be tracked.

    To withdraw funds in rubles, you need to leave an application in the same "Assets" section. Several methods are available: to card Sberbank or VTB, translation Tinkoff cash-in by contract number, Alfa Bank cash-in. You can also get money in cash at the exchange office. After selecting the option to receive on the card, enter its number and amount. The money will be credited within 60 minutes. If an application for cash withdrawal has been left, contact the employees of beribit.com through the bot in Telegram.

    Beribit withdrawal

    Cryptoexchange Commission

    On the main page there is information that the commissions are minimal. С makers are charged 0%, takers are charged 0.15%.

    beribit.com zero commissions for BTC and ETH

    There is no fee for cash withdrawal and replenishment of fiat currency. There is a fixed fee for deposits and withdrawals in cryptocurrency. Its size depends on the asset and varies periodically. The amount is calculated automatically at the time of withdrawal request.

     

    Beribit bonuses

    The beribit.com platform offers a referral program.

    Referral program

    According to the rules of the affiliate program, by inviting new users to the platform Berylite by their referral link (available in the "My Profile" section), the user receives 35% of the amount of their transaction commissions. Charges are made as a percentage of commission to the account in RUB. Received funds are available for withdrawal immediately after accrual.

    beribit.com referral program

     

    Complaints about beribit.com

    There are no reviews of the company on the Internet yet. This is due to the fact that it has only recently entered the market cryptocurrency trading. When the first comments about the exchange appear, we will be sure to add them to this section.

    If there are any complaints about Beribit, we will be sure to post on social media. Sign up so you don't miss anything!

    Please keep yourself informed about news and complaints. We copy the most valuable information to social networks, so please sign up!

     

    Regulation of the Beribit crypto exchange

    Today there are many cryptocurrency exchanges on the Internet, among which there are both honest companies and those who deceive users. To avoid becoming a victim of the latter, it is important to check if the cryptocurrency exchange has a license and to study the documentation published on the website.

    Regulator

    Because the company is young, it is not yet regulated by any state body. Now the exchange has applied for a cryptolic license and is awaiting review. There are several documents on Beribit's website:

    User Agreement

    The "Terms of Use" describe the requirements for users and the rules they must follow when trading on the exchange. Each client must guarantee that he or she is at least 18 years old. There is information about who is prohibited to become a user of the crypto exchange, for example, the citizens of the USA and some other countries.

    Beribit Terms of Use Agreement

    Clients are reminded that trading digital assets is risky because of high volatility. The price of assets often fluctuates sharply, which can lead to significant losses. Therefore, users are asked to consider whether the company's services are suitable for them. It is also stated that Beribit provides an order-matching platform and a digital wallet. If the company has reason to suspect that the customer has provided unreliable data about himself, his account may be blocked. The document publishes information on creating and deleting an account, exchange fees, compliance with the law and damages.

    beribit.com

    Customer Service

    You can contact the support specialists through one of these channels:

    • email: [email protected];
    • online chat on the website;
    • Telegram bot: t.me/beribitbot;
    • through their Instagram, Twitter, Facebook and VK pages.

     

    Is Beribit a scam?

    Beribit - cryptocurrency exchange, which began its work in 2021. It offers a simple trading terminal, trading in cryptocurrencies and fiat currency in rubles. There is an opportunity to deposit and withdraw funds in cash, the company's office is located in Moscow. The company's website is informative, you can study the materials for beginners, the terms of use and learn all the channels for contacting the support. There are a lot of them, but the fastest option for communication is Telegram. There are no testimonials about the exchange operation so far. When they appear, we will publish them and be able to objectively assess the company and say whether Beribit scam. Now the exchange looks like a classic platform for trading cryptocurrency and fiat, which has a convenient terminal and good working conditions.

     

    Conclusion

    Beribit - a young cryptocurrency exchange where you can trade using large cryptocurrencies and fiat. The difference of the company from similar ones is that it gives an opportunity to deposit and withdraw money in fiat currency in cash. And this service is not subject to any commission. There is a profitable referral program and materials for beginners. But there are no reviews yet. If you used Beribit, be the first to leave a comment about this company.

    Exchange Commission
    80%
    Transaction speed
    80%
    Reliability
    100%
    Technical support
    100%
    4.5

    Отзывы

    • Convenient service

      I decided to trade on this exchange, when I saw an advertisement that trade without commission, it seems that everything is fine, but I would like more trading pairs and more available networks for deposit and withdrawal. I managed to earn some money in trading and decided to try to withdraw it in cash. I couldn’t leave any deposit in my account at all. Special thanks to the support for explaining everything.

      Reply to this review
      4.5
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