Increasing capital several times is possible through trading digital assets. Trading success depends on the choice of a cryptocurrency exchange, so it is necessary to take this issue seriously. In this review, we will look at the BTC-Alpha platform and assess its suitability for trading virtual currency. We will examine key information about the company, analyze the website btc-alpha.com, and study customer reviews.
Overview of the Company’s Key Facts
The BTC-Alpha exchange was founded in 2016 in the UK by a group of experienced professionals. Initially, the company positioned itself as a platform providing anonymity for clients, but due to changes in British legislation, it can no longer guarantee the confidentiality of traders, which is a noticeable drawback highlighted in reviews.
Currently, BTC-Alpha is one of the largest cryptocurrency exchanges in Europe. The btc-alpha.com site is visited by over 200,000 users daily. Recently, the platform ranked 14th in the list of the safest cryptocurrency exchanges in the world.
Over the years of its development, the company has opened branches in Russia and Cyprus. According to CoinMarketCap data, the exchange’s daily trading volume is around $40 million.
The main focus is on the security of clients’ funds and information. To achieve this, the company uses modern encryption technologies and provides various security measures such as two-factor authentication, Google Authenticator, and IP address whitelist.
The exchange has its own token – ALP Coin, which gives clients benefits such as reduced fees, liquidity protection, exclusive offers, and the ability to vote on adding new cryptocurrencies to the platform.
Examining the btc-alpha.com Website
The official website is bright and informative, available in two languages – English and Russian. The main page contains information about cryptocurrency market changes, the advantages of cooperating with the platform, funding methods, the exchange’s achievements, a QR code to download the mobile app, news, and links to social networks.
At the top of the page, there are tabs for access to the trading terminal, customer support, and other useful materials. The terminal is presented in two formats – “Standard” and “Advanced.” The former is intended for novice traders, while the latter provides access to a wide range of analytical tools.
At the bottom of the page, tabs with the user agreement, privacy policy, and a warning about potential risks are available.
Registration and Verification Procedure
To start trading on BTC-Alpha, you need to create a trading account. Simply enter your email address and password in the registration form. After that, a PIN code will be sent to the specified email for access to the personal account.
Although verification is not mandatory for trading, it provides several advantages such as faster transaction speeds, participation in IEO, and lifting restrictions on fund withdrawals.
Analysis of Trading Conditions
Trading is carried out through the BTC-Alpha terminal, offering 124 digital assets and fiat funds. The commission for operations on the platform ranges from 0.1% to 0.2% depending on the client’s trading volume.
The exchange offers a referral program for earning passive income. Partners can receive up to 50% commission on transaction volume.
Funding and Withdrawal of Funds
Funding and withdrawal are carried out through the personal account. Cryptocurrency and fiat funds can be used. The fiat transfer fee depends on the chosen method and can range from 2.85% to 6.85%.
A fee is charged for cryptocurrency withdrawal, the amount of which is specified on the website in the “Fees” section.
Customer Reviews
Reviews of BTC-Alpha contain both positive and negative aspects. Traders note the user-friendly terminal interface, live chat availability, variety of analytical tools, and a wide range of assets.
Negative reviews lacking specifics may have been paid for.
Conclusion
BTC-Alpha is a reliable cryptocurrency exchange with a quality website, Russian support, a high level of security, and a variety of assets. However, the company has drawbacks such as a limited choice of fiat currencies and funding methods.
Author: Irene Sydorova
Also read: Mercatox Cryptocurrency Exchange: Detailed Review, Trading Conditions, Service Level, User Reviews.
BTC-Alpha is a British cryptocurrency exchange platform offering a range of services, but user reviews illustrate a mix of both positive and negative experiences.