Bithoven is this a scam? Reviews and description

Exchange trading platform Bithoven is designed to take into account all modern tools for conducting operations with cryptocurrencies. MetaTrader 5 terminal is used, profitable affiliate programs are launched, and for cold storage of cryptocurrencies the company has concluded an agreement with the wallet BitGo.

Traders are provided with leverage, the number of trading pairs is growing, more than 500 cryptocurrencies are available. To find out if bithoven.com is a scam, let's take a closer look at how the platform works.

Why Bithoven?

Exchange bithoven.com started in 2019. Benefits crypto exchanges:

• zero transfer fee BTC to margin accounts;
• high level of security;
• profitable affiliate program;
• many cryptocurrencies;
• leverage;
• prompt work of the technical support service;
• the ability to use trading robots;
• Getting free coins 100 DOGE after registration.

The portal is not translated into Russian, but the control panel, the terminal and the registration module have an intuitive interface and even a novice trader can start trading. It is possible to get started without obligatory verification.

How to exchange cryptocurrency on the Bithoven platform?

Platform Beethoven does not work with fiat currencies. To start working with the exchange, transfer, exchange and any other operations with cryptocurrencies on the site you need to register and be verified. The company works with BitGo cryptocurrency wallet for cold storage and exchange operations.

Verification on the bithoven.com platform

The website bithoven.com has two-phase verification. Transactions up to 2 BTC can be made after a simple registration without account verification. To increase the amount of transactions on the exchange to 100 BTC, you need to be verified. To do this you will need:

• identity documents, ID card, driver's license or passport, with them and a piece of paper on which will be written the name of the exchange, you need to take selfies;
• Proof of address, such as utility bills.

In the future, after registration, you will be able to enter a personal account via your Google or Facebook accounts.

Deposit and withdrawal

It is possible to deposit funds on the exchange through cryptocurrencies, linked to a personal account. It is also possible to withdraw earnings. For all operations the commission is taken.

Bithoven Crypto Exchange Commission

The bithoven.com exchange collects commission for trading and withdrawal of currencies. Trading commission is the same for taker and maker: 0.2%. Commission for withdrawal will depend on the type of cryptocurrency, for example:

• 0.0009 BTC;
• 0.0101 ETH;
• 0.053 LTC.

Bonuses at bithoven.com

The exchange does not yet have a privileges program. But the company has launched an affiliate program and prepared interesting offers for traders who trade on margin trading.

No commission for transferring BTC to a margin account

When transferring Bitcoin to margin accounts, the exchange takes no commission.

100 DOGE coins as a gift when you register

New users of the exchange after registration will receive 100 Dogecoin coins as a gift.

Affiliate Program

The company has opened an affiliate program. By getting a referral link in your personal cabinet, traders will receive up to 20% commissions for each referred client.

Complaints about Beethoven

Bithoven company has not been operating for so long and is better known in the English-speaking sector of the Internet, but we were able to find a lot of feedback from users of the portal.

The most common complaints: high withdrawal fees and technical failures on the platform. In positive comments most often praise free coins and affiliate program. Many clients note the exchange's user-friendly portal, fast withdrawal of funds and the fact that it is possible to trade without verification.

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Regulation of the crypto exchange bithoven.com

Before signing an agreement and registering on the site of any financial institution, you need to check its documents, so as not to get caught by fraudsters and not to lose the money invested.

Regulator

The exchange is opened by Fortis Ltd. The organization is registered offshore. Its registered office is at Suite 305, Griffith Corporate Centre, PO BOX 1510, Beachmont, Kingstown, Saint Vincent and the Grenadines. Legal entity registration number: 25256 BC 2019.

• Read the "Terms of Use" on the Bithoven website.
• View the "Privacy Policy" on the Bithoven Crypto Exchange website.
• Read the "Referral Terms of Service" of bithoven.com crypto exchange.
• Read the Bithoven Exchange Waiver and Consent document.
• Read the document "AML/KYC Policy" of the cryptocurrency exchange bithoven.com.

Bithoven User Agreement

When registering, all new users agree to the standard rules of the site. Like all other materials on the site, the document is not translated into Russian and is written in standard legal language.

On the first pages are spelled out the terms used on the exchange platform: deposit, commission, orders and other concepts that may be useful to novice traders.

The document contains general provisions: fees, taxes, refusal to transfer funds if there is not enough money in the account and other operational issues. If there are any problems with registration or any other technical points, it is best to write a message through the feedback form.

Customer Service

The Exchange website has a help center, where answers to all the most frequently asked questions are uploaded. You can leave a message through the feedback form or by e-mail.

Is Bithoven a scam?

Bithoven has been operating since 2019. The company is developing, adding new features and cryptocurrency pairs. Bithoven.com is not a scam. Among the pluses: fixed commission for trading operations, fast withdrawal of funds, convenient terminal, prompt work of the support service, distribution of free coins at registration, margin trading, provision of leverage, reduced commissions and profitable affiliate program.

More than 500 cryptocurrencies are available for trading. So far, the exchange does not work with fiat currencies. Of the languages, translation is only in English, Indonesian and Vietnamese. It is possible to trade and withdraw funds without verification, the maximum withdrawal amount is relatively high - 2 BTC. The exchange has not yet launched a mobile application, but the terminal, which is used to trade is available for use with smartphones, tablets or computers.

Conclusion

Bithoven offers users the usual work for cryptocurrency exchanges orders, signals for transactions, trading robots. The platform has a high level of security. By subscribing to social media accounts on Facebook and Twitter, customers will be able to learn about new promotions and exchange opportunities. Among the working tools, customers note the presence of a candlestick chart of price changes and the book of active orders.