BitVenus Exchange Review: Features & Pros & Cons For 2024

In this article, we will talk about BitVenus Exchange. We will cover many things, including features, upsides and downsides, and depositing and withdrawing methods, so whether you’re a beginner or an experienced trader, there is something for everyone.

So, let’s go on a journey to learn more about this exchange, “BitVenus,” compared to other crypto exchange companies.

Introduction

BitVenus is a cryptocurrency trading platform that offers a range of digital asset-based derivative trading services to its customers globally. Also, it provides users with customer service, user education, and support 24 hours a day.

BitVenus Team has been active in the financial industry and blockchain technology for quite some time. And they have MSB licenses from both the US and Canada.

The driving force behind BitVenus is “compliant operation, Service first.” Through global coverage, we have localized communities as well as volunteer groups in countries such as Morocco, France, the United Kingdom, Japan, Singapore, Russia, etc.

By developing a localized community ecosystem for worldwide consumers to comply with regionally diversified and diversified cryptocurrency exchange services.

The founding team consists of Wall Street investment elites plus early investors and researchers from the blockchain sector together with blockchain technology pioneers teams.

Likewise, the other main members are senior experts drawn from research & development (R&D) and product development operations among different components of top cryptocurrency exchanges.

Furthermore BitVenus also possesses over twenty professional risk control members who constitute the most authoritative security risk control division within this industry.

BitVenus Profile

How to Sign Up on BitVenus Exchange?

Step 1. Login Bitvenus App, click “Sign up” 

Step 2. Select  “Phone” or  “Mail” to sign up. Following the steps to enter the correct information.

Step 3. Read and click the terms of use privacy agreement.

Web

Step 1. Login to www.bitvenus.me, click “Sign up Now” at the the homepage

Step 2. Select  “Phone” or  “Mail” to sign up. Following the steps to enter the correct information.

Step 3. Read and click the terms of use privacy agreement.

How to Deposit Crypto to BitVenus

Step 1. Access your BitVenus account and press “Deposit.”

Step 2. You will see a drop-down list of the cryptocurrencies available for depositing, like USDT.

Step 3. The available networks to deposit USDT will appear. Make sure that you choose properly the network of the deposit platform from which you plan to withdraw the funds.

If you select incorrectly, your money will be lost.

Step 4. A QR code, as well as a deposit address, will be displayed to you. Click and hold on to your BitVenus Wallet’s deposit address in order to copy it and then paste it into the recipient’s address field in the withdrawing platform of the cryptocurrency.

Alternatively, click the [Save as Image] button and download the QR code straightway on the withdrawing platform.

Step 5. Once you have confirmed this deposit request, a transfer shall follow suit; hence, credited in a moment into one’s BitVenus account.

App

Step 1. Open the BitVenus App and click on “Balance”-“Deposit.”

Step 2. Choose the cryptocurrency that you want to deposit, let’s say USDT.

Step 3. You will see a list of networks where USDT can be deposited. Please choose your network wisely and ensure that it is similar to the platform from which you are withdrawing funds. If you make a selection of the wrong network, you will lose your money.

Step 4. The address QR code for this wallet, as well as its deposit address, will be displayed. Click to copy your BitVenous Wallet’s deposit address and paste it onto the address field on the platform you are thinking about taking away crypto currency from.

Additionally, if you click [Save as Image], the QR code could be imported directly into the drawing platform.

Step 5. After submitting a request to deposit, your transfer money is processed within in few minutes.

How To Withdraw Cryptocurrency At BItvenus?

Web

Step 1.  Log into your BitVenus account and click “Assets” – “Wallet.”

Step 2. Choose the cryptocurrency you want to withdraw, for example, USDT.

Step 3. Paste the address you want to withdraw and select the network. Please choose the network carefully and make sure that the selected network is the same as the network of the platform you are withdrawing funds. If you choose the wrong network, you will lose your funds.

Step 4. Enter the withdrawal amount, you will be able to see the corresponding transaction fee and the final amount you will receive. Tap “Withdraw” to proceed.

Step 5. After confirming the withdrawal request, please wait patiently for the transfer to be processed.

App

Step 1.  Open your BitVenus App and tap “Balance.”

Step 2. Click “Withdraw”

Step 3. Choose the cryptocurrency you want to withdraw, for example, USDT.

Step 4. Paste the address you want to withdraw and select the network. Please choose the network carefully and make sure that the selected network is the same as the network of the platform you are withdrawing funds. If you choose the wrong network, you will lose your funds.

Step 5. Enter the withdrawal amount, you will be able to see the corresponding transaction fee and the final amount you will receive. Tap “Withdraw” to proceed.

Step 6. After confirming the withdrawal request, please wait patiently for the transfer to be processed.

BitVenus Fees

BitVenus Spot Trading Fee Rate:

(1) Maker: 0.1%

(2) Taker:  0.1%

BitVenus Futures Trading Fee Rate:

(1) Maker: 0.04%

(2) Taker: 0.06%

Futures Trading

Up to 200x leverage, excellent liquidity, multiple order types, catering to users’ different investment strategies

Spot Trading

Providing trading services for dozens of popular cryptocurrencies, such as BTC and ETH, with ultra-low fees

Copy Trading

Gathering global trading experts, copying professional strategies, no need to watch the market closely, and easily enjoy high returns.

BitVenus Exchange Features

Financial-Grade Security

0 security incidents, there are dozens of financial-level control mechanisms in product, technology, system monitoring, and other aspects to ensure the safety of your assets

Stable And Reliable Technology

Stable and efficient distributed matching engine, the TPS of the whole process reaches 50,000, and the transaction delay is only one millisecond.

Trusted By Global Users

Since the start of globalization in June 2021, users of Bitvenus have covered more than 100 countries and regions around the world, and Bitvenus has become one of the most popular trading platforms in Europe, Asia, America, North Africa, and other markets.

Start Trading Anytime, Anywhere.

Place orders instantly and enjoy the most extraordinary trading experience both on the BitVenus App and the website.

How Secure BitVenus Exchange?

Security is a top priority for BitVenus Exchange, and it has taken several steps to achieve that:

Two-Factor Authentication (2FA): 2FA can be enabled by users so as to protect their accounts from unauthorized access.

Cold Storage: The majority of funds are kept offline in cold wallets making them secure against hacking and theft.

Encryption: BitVenus encrypts user data and communications with strong encryption protocols.

Regular Security Audits: Regular security audits are conducted on the platform to establish and fix vulnerabilities.

DDoS Protection: Measures have been put in place to mitigate Distributed Denial-of-Service (DDoS) attacks, ensuring platform availability.

KYC and AML Compliance: KYC procedures combined with AML regulations help verify user identities, thus preventing illegal activities.

Secure Development Practices: Secure development practice is always adhered to at BitVenus so as to reduce any security risk within its software and infrastructure.

User Education: To improve account security practices, it offers resources and guidance.

Which BitVenus Customer Support Options Are Available?

BitVenus has a number of customer support options that ensure its users are helped in the right way.

FAQ: There is a complete assistance centre on the site, which contains answered FAQs for different questions, manuals, and useful hints for solving problems.

Ticketing Support: BitVenus also offers personal help via email or an in-platform ticketing system, which helps to approach certain cases promptly.

Chat: Furthermore, BitVenus involves online chat support where users can communicate with customer service directly to get immediate help.

BitVenus design these multichannel support systems to give timely and effective help for making the overall user experience better on the platform.

BitVenus Social Media

Telegram: https://t.me/bitvenus_official

Twitter: https://twitter.com/bitvenus_global

Official Email: support@bitvenus.com

BitVenus official website: https://www.bitvenus.com

Trade On Go With BitVenus Android & IOS Mobile App

You can trade from anywhere using the BitVenus Mobile App for Android & iOS devices. This app enables users to start trading immediately and at any place.

For example, traders can buy or sell instantly on either the BitVenus mobile app or website.

Quick market access, current information, and portfolio management, among other benefits, are some of the factors that have made this platform a darling to many, as they can easily manage their investment strategies while on this platform through their gadgets.

In addition, BitVenus allows its platform users to be aware of market developments as well as effect transactions with much ease therefore creating room for flexibility and promptness in the dynamic world of digital currencies.

BitVenus Affiliate Program

Access the highest rewards on affiliate relationships with the BitVenus Affiliate Program, which offers you commissions of up to 80% and exclusive privileges.

The new partners will enjoy an incredible offer: beginning from the first month, they will be awarded Original Tier + 1, which would help them make more money than usual.

In addition, get as high as 7,000 USDT in terms of cash rewards depending on your performance.

The program is a way of not only increasing what you earn but also assisting in most marketing tools, analytics that can be used at the best times, and personal assistance to ensure that you win in this business.

Join the BitVenus Affiliate Program today and have higher financial gains through an unprecedented opportunity in the crypto market!

BitVenus Alternative Exchanges

Binance: Because of its extensive range of digital currencies and advanced trade features, Binance is among the leading exchanges worldwide.

Coinbase: Coinbase is a friendly interface platform that is popular in America, where it provides a secure place for cryptocurrency purchase, sale, and storage.

Kraken: Kraken caters to both beginners and advanced traders as well with massive security measures it has put in place and a wide selection of cryptocurrencies..

Huobi Global: Huobi Global, a global exchange providing various digital assets and trading pairs, is famous for its liquidity and competitive trading fees.

OKEx: Futures, options, and many other trading products are offered by this exchange, which also covers a broad spectrum of cryptocurrencies.

Final Verdict

To sum up, BitVenus Exchange looks like a promising place for those who are interested in any kind of digital currency and want to trade securely and without problems.

BitVenus keeps all customer assets safe by using cold storage for funds as well as two-factor authentication systems among many other security features.

The website also provides an easy-to-use interface and a mobile app that makes it easier for traders to make transactions anywhere, anytime.

BitVenus additionally supports many virtual currencies and charges the most competitive fees possible for trades that can satisfy the needs of both experienced and inexperienced investors.

Whatever one’s intention is: buying, selling, or exchanging cryptocurrencies, Bitvenus ensures that this happens reliably while ensuring efficiency.