Bitnordex

Popular in Scandinavia cryptocurrency exchange Bitnordex opened not long ago, but it has already developed and launched its own service currency, established partnerships with financial institutions to use fiat currencies and prepared offers for investors. Several popular currencies are available for trading on the site cryptocurrencies. To make sure bitnordex.com is not a scam, let’s take a closer look at how the exchange works.

 

Why Bitnordex?

Bitnordex – is a centralized cryptocurrency exchange registered in Estonia (governed by Estonian law in its activities) with a central office in Sweden. It has been operating since 2019. Cryptocurrency exchange offers trading pairs with most well-known crypto-assets and fiat currency exchange operations. Advantages of the platform:

• own token;
• profitable referral and investment program;
• relatively low transaction fees;
• simple and convenient platform, a terminal with an intuitive interface;
• The high level of security of trading operations, which is achieved by multi-level verification of the account.

In addition to cryptocurrency trading, the company helps other platforms develop and launch their own service tokens. The exchange actively maintains social networks; by subscribing to accounts, you will be aware of new promotions and offers from bitnordex.com.

 

How to exchange cryptocurrency on Bitnordex platform?

To conduct any operation on the crypto-platform, users need to register and open their personal account. Only after passing all levels of verification it is possible to exchange and withdraw amounts greater than 2 thousand euros. The only fiat currency available on the portal is euro.

 

Verification on bitnordex.com platform

The first level of verification on the exchange site: registration with an email address, where a link will be sent to confirm the account. Next, for financial transactions for individuals and legal entities, the exchange offers to use the Google Authenticator (2FA) system. They will need to download the Google mobile app, to generate the Qr-code and a secret key. For legal entities, to conduct transactions with the maximum amounts of deposits/trades/withdrawals, you will need to provide documents confirming the nature of their income address.

 

Deposit and withdrawal

After opening a confirmation account, you can make a deposit. You can make a transfer from cryptocurrency wallet or from a bank account.

Bitnordex Crypto Exchange Commission

Most crypto exchanges charge two different types of trading commissions: taker and maker. Exchanges that do not differentiate between takers and makers charge a “fixed commission”. Bitnordex charges 0.06% from takers and 0.01% from makers. Bitnordex also charges a fee for all withdrawals and transfers. The fee can be from 2 euros, depending on the amount of withdrawal.

 

Bitnordex bonuses

The company has not yet opened its bonus program, but has developed several interesting offers that will be of interest not only to those who trade on the platform. For business partners, there are discounts on payments for token creation services.

30 days with no fees

The exchange has launched a bonus offer for new users. After registering and confirming the account, you can conduct all transactions without commission.

Tokenomics (discounts 20-30%)

From time to time, the company holds sales and you can buy cryptocurrency exchange service tokens at a discount of up to 30%.

Referral program

Members of the affiliate program of the exchange will be able to receive up to 20%. The number of traders involved and the amount of payment is not limited. You can get a referral link only after registration.

 

Complaints against bitnordex.com

Job Feedback bitnordex.com almost none. Of those that we were able to find, almost all comments are positive. Clients praise the easy-to-use terminal, the exchange and purchase of cryptocurrency for fiat currency, and the high speed of transactions.

If there are any complaints about Bitnordex exchange, we will definitely publish information in social networks. Sign up so you don’t miss anything!

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Regulation of Bitnordex crypto exchange

When starting to work with any company you entrust your accounts and personal data to, it is best to make sure that it operates following current financial laws.

Regulator

Crypto exchange’s activity is regulated by Estonian legislation. The website publishes license numbers for cryptocurrency exchange operations on fiat and opening a cryptocurrency wallet service.

• Read the “Terms of Use” on the Bitnordex website.
• See “Privacy Policy” on bitnordex.com crypto exchange website.

Bitnordex.com User Agreement

Terms of use of the crypto exchange site bitnordex.com is a formal and standard legal document that is signed when you register on the service portal. Like the entire company website, the document is only available in English.

By registering on the site, you confirm that you are an adult and legally capable individual.

In the user agreement the operations with the orders which users can carry out on a platform of exchange with the orders (purchase, sale, order of execution of the order) are spelled out. The document is small and not very detailed, it concerns, mainly, the general points. If at the beginning of work there are questions, the answers can be on pages FAQ.

Customer Service

Answers to many questions are addressed in the Help Center pages. You can leave a message for counselors through the feedback form or by e-mail.

 

Is Bitnordex a scam?

Scandinavian Cryptocurrency Exchange Bitnordex provides an opportunity to trade to individuals and legal entities, conduct transactions up to 1 million euros, withdraw fiat currencies or exchange them for cryptocurrency. Bitnordex is not a scam. The company not only provides exchange services, but also sells its own tokens. Bitnordex.com continues to develop, adding new services, about which, you can learn by signing up for social media accounts.

 

Conclusion

Exchange Bitnordex works with traders from all over Europe, temporarily only payments from US citizens are not accepted. The list of restrictions is published on the website in the help center. The project team pays great attention to security. The site is protected by a valid certificate, payments are made through bank acquiring pages. To enable the exchange of cryptoassets into fiat, the company attracts partner banks.