Triv Review

📚 Read More: Best Cryptocurrency of the Year

Robust Security and Asset Protection

Now, in this part of the Triv review, I want to emphasize once again how crucial their security features are. With SSL encryption, two-factor authentication, and a combination of hot and cold wallet storage, the exchange provides maximum protection for its users. You can trade with peace of mind, knowing that Triv is committed to safeguarding your assets and personal data.

The platform also claims that users' assets are 100% insured. The exchange's cold storage funds are insured by BitGo and Lloyd's of London for up to $100 million. Many users also wrote Triv reviews showing their appreciation for the platform's dedication to security, which gives them greater confidence in using it. So, if you're wondering, "Is Triv Safe?" - the answer is yes.

Multiple Payment Methods

Another key advantage worth highlighting in this Triv review is its extensive payment methods. The platform supports a variety of payment options, making it easy for you to deposit and withdraw funds. These include bank transfers and various e-wallet solutions. But unfortunately, there is no support for Visa or Master Card as of now.

Regardless, you can complete transactions quickly and seamlessly. This flexibility in payment methods shows that the exchange truly understands the needs of its users in Indonesia. Triv Indonesia ensures that every transaction runs smoothly and meets your expectations.

Additional Financial Services

Beyond being a trading platform, it also offers a variety of financial services that you can take advantage of. While writing this Triv review, I discovered several additional services that make it more than just a trading platform. Here are some of the extra financial services offered by Triv:

• Staking – Triv allows you to stake your crypto assets, allowing you to earn additional rewards on the crypto you hold. Staking is a great way to maximize the potential of your assets.
• Mobile credit top-up – You can purchase mobile credit directly through the Triv platform. This feature makes it easy to top up your phone without leaving the app or platform.
• Bill payments – You can also pay electricity, water, and internet bills via the platform. With this feature, you can conveniently manage your monthly expenses in one place.

With these additional services, Triv aims to be an all-in-one platform that simplifies various aspects of financial management.

With all these advantages, it's clear that Triv is a strong player, particularly in the Indonesian crypto trading space.

That said, a wide selection of assets, strong security, diverse payment methods, and additional financial services make this exchange an attractive choice. I hope this Triv review has given you a clearer understanding of what makes it a platform worth considering.

Triv Review: CONS

Although Triv offers a range of excellent features, such as a secure crypto trading platform and comprehensive financial services, there are still some areas that could be improved. Let's discuss the aspects that need enhancement to further improve the user experience.

Lack of Educational Resources

One thing I noticed while writing this Triv review is the lack of educational materials for beginners. If you're just starting out with crypto trading, having guides and educational content is crucial for understanding basic concepts, trading strategies, and how to use the platform.

Unfortunately, Triv has yet to provide sufficient educational resources for new users. While the platform is fairly user-friendly, the absence of learning materials may leave beginners confused when using the exchange for the first time.

Yes, the platform has a dedicated blog page. But it only contains some news coverage and updates related to the platform itself. Fortunately, you can go to crypto educational platforms like BitDegree to access a vast library of blockchain and AI content. Be it tutorials, a handbook, or the latest crypto news, BitDegree has you covered no matter your experience level.

📚 Read More: The Ultimate BitDegree Guide

Missing Key Features in the Mobile App

The drawback of using the Triv mobile app is its lack of intuitiveness. For example, the app doesn’t even have a menu to change language. As far as I know, the default is set to English, so if you're an English speaker, congrats! But what about Indonesians who don't speak English? Isn't this app (and the platform itself, for that matter) targeting mainly Indonesian traders?

Thankfully, the desktop version has a language selector. But every time I refresh the page, it would revert to its default language which I find a bit frustrating.

Also, there is no dedicated menu to complete your KYC verification. Although to be fair, the platform will prompt you to verify your identity before you do any transaction. But, this can be confusing, especially for new users who want to adjust preferences or complete the verification process. I hope Triv can improve this to make the user experience more comfortable and efficient.

I think it would be fairly easy for the exchange to add these features, but maybe there is a compelling reason for it that I just don't understand and maybe some of you don't even think that this is a big deal. Regardless, to me, this is a bit disappointing.

Poor User Experience

While Triv's web and mobile platforms look visually appealing, they can feel clunky at times, especially on the desktop version. Opening a new page can take longer than expected, sometimes more than 15 seconds.

Keep in mind that many statistics have proven that, ideally, a desktop website should load within three seconds. This is even more crucial for exchange platforms where users need to react quickly to market changes. Not to mention that a lot of menus open a new tab, making the overall experience rather cumbersome.

I also come across some Triv reviews complaining about the overall user experience when using the platform. Some even express hurdles as soon as they're trying to complete the KYC process. While this kind of problem may vary depending on factors like website traffic and how new users people register for the platform, it is certainly an aspect you need to consider before using Triv.

Higher Spread and Opaque Fees

Another common complaint I came across during my research is the higher spread compared to Triv crypto alternatives like Binance or Bybit.

The spread can significantly impact how much you actually earn (or lose) from your trades. This means you might be paying slightly more when buying crypto and getting slightly less when selling it.

Transparency is another factor that encourages customers to continuously use a particular crypto exchange^[2]. Simply said, it is very important. Unfortunately, some users reviewed Triv and expressed their disappointment regarding the platform's fee non-transparency.

While the exchange makes up for this with convenience and local payment options, the higher spread could be a dealbreaker for active traders looking to maximize profits. If you're planning to trade frequently, it’s definitely something to consider. Hopefully, Triv can work on narrowing the spread in the future to stay competitive.

Triv Fees

One thing to note before we dive deeper into the Triv exchange fees is that at the time of writing this review, you can't find any detailed fee schedules on the platform's official website. Therefore, it's a bit hard to research the rates before you decide to use the platform.

But don't worry! I’ll break down the various fees you need to be aware of so you can be better prepared and avoid any unpleasant surprises when making transactions on the platform.

Trading Fees

Trading fees are the charges applied when you buy or sell crypto assets on the platform. These fees are usually a percentage of the transaction value and may vary depending on the type of crypto asset being traded and your trading volume. In Triv's case, the fee is flat regardless of your 30-day trading volume. Check the table below to see the buying and selling fees for crypto assets:

Table: Trading fees on Triv

It’s worth noting that during my research, I found several users complaining about additional fees that weren’t clearly explained beforehand. To avoid any surprises, always make sure to review all listed fees before making a transaction.

Deposit and Withdrawal Fees

Other fees to consider are the ones associated with deposit and withdrawal. Triv allows you to deposit and withdraw funds using various payment methods, such as bank transfers and e-wallets. However, each payment method may come with different fees.

When making a deposit, Triv does not charge fees for certain methods, such as local bank transfers. However, if you use other methods like specific e-wallets, the provider may charge you a separate rate. The fee for withdrawing fiat to your bank account is set to Rp5,000 flat no matter the amount.

Triv also requires a minimum deposit of Rp50,000. As always, check the fee details on the Triv website or app before making a transaction to avoid unexpected fees.

Other Associated Fees

Besides the main fees I mentioned above, there are some additional charges you also need to know before using Triv. Take a look at this table:

Table: Additional fees on Triv

By understanding this fee structure, you can manage your funds more wisely and maximize your crypto trading profits. Always check the latest Triv exchange fees before you complete transactions, as the schedule and structure may change over time. This way, you can avoid unexpected charges and make your trading experience on the Triv crypto exchange smoother and more profitable.

Triv Features

Another essential factor to consider before choosing an exchange is its features. Let's examine Triv's core functions, which make it stand out among its competitors.

Crypto Trading

Let's start with the basics first. The Triv crypto exchange offers essential features like instant buy/sell, trading, and crypto swapping. With more than 700 supported coins, you have the flexibility to choose your favorite crypto or even discover some potential hidden gems.

The instant buy/sell feature is pretty self-explanatory. This is where you should go if you want to buy or sell crypto with the best market price at the time.

Next, we have Swap. What makes Triv's swap feature unique is that it's not limited to cryptocurrency—you also get access to stocks. So, for example, you can swap your ETH with Apple stock. This gives you more ways to diversify your investment. What's better is that Triv Swap doesn't incur any fees besides the applicable tax.

If you want more control over the price of your transactions, then the Triv Market is your answer. Currently, it includes three order types: limit, instant, and stop-limit. So, it offers some of the essential trading options. But if you're looking for more comprehensive options and advanced features, Triv crypto alternatives like Bybit can be a better choice.

Staking and Affiliate Program

Triv's crypto staking feature is a great way to earn extra profit from your crypto assets. With staking, you can "lock" your crypto assets for a certain period and earn rewards in return. Triv offers competitive returns, so you can maximize the potential of your assets.

Additionally, the staking tool is very intuitive, whether it's through the website or the app. This is one of the features that makes Triv very attractive to traders who want to take advantage of the full potential of their investments.

There is also Triv's affiliate program that allows you to earn extra income by inviting others to join and use the platform. You'll earn a commission every time someone signs up and makes a transaction through your unique affiliate link.

In addition, Triv provides various promotional tools and a transparent dashboard to monitor affiliate performance. This program offers an attractive passive income opportunity, making the exchange more than just a trading platform.

Additional Financial Services

Triv offers additional financial services such as buying phone credit, electricity tokens, and paying bills. You can buy credit for all operators, prepaid electricity tokens, and pay your electricity, water, internet, and cable TV bills directly through the Triv platform. These services make the exchange a practical and versatile financial solution, simplifying your various daily needs.

Last but not least, Triv lets you buy US stocks, expanding your investment portfolio by accessing the international stock market. You can own shares of major companies like Apple, Google, and Tesla, and diversify your portfolio to reduce risk and increase potential profits.

That said, the buying process is easy and fast, supported by analysis tools to help your investment decisions. This feature makes Triv a versatile investment platform.

How to Use Triv

Now that I've covered Triv's strengths and drawbacks, as well as its core features, you might've decided that this is the perfect exchange for you. If that's the case, let me help you get started with the platform. Here is an easy step-by-step guide on how to use Triv, starting from creating a new account to cashing out your funds.

Step 1: Create Your Account

First, you need to create an account. Visit the official website or download the Triv app from the App Store or Google Play. After that, click the profile icon and select [Login]. Here, you can log in with your email or create a new account. Select the [Sign Up] button below, then click [Sign Up with Email].

Enter the necessary information, such as your name, email address, and phone number. After filling out the registration form, you will receive a confirmation email. Click the link in the email to activate your account. Now, you have an account on Triv Indonesia.

Step 2: Complete the KYC Verification

Once your account is active, the next step is account verification. I recommend you do this process on the Triv web platform. Log in to the dashboard and try to buy crypto through the [Buy/Sell] menu. As you choose an asset to buy, you will be asked to upload identity documents, such as your ID card or passport, and a selfie photo.

This verification is important to ensure the security of your account and comply with applicable regulations. The process usually takes a few hours to a day. Once your account is verified, you are ready to start trading.

Step 3: Deposit Funds

Before you can start trading, you need to deposit funds into your Triv account. Select the [Wallet] menu and change the asset selection to [Rupiah] on your account dashboard. After that, select the [Deposit] menu. Triv offers various payment methods, such as bank transfers, e-wallets, and credit cards.

Choose the method that is most convenient for you and follow the instructions to complete the deposit. Once the funds have been successfully deposited into your account, your balance will be visible on the dashboard, and you are ready to start trading.

Step 4: Start Trading

Now it's time to start trading. On your account dashboard, select the [Buy/Sell], [Triv Market], or [Swap] menus, depending on the method you want to use. You will see various crypto assets available for trading. Choose the crypto asset you want, like Bitcoin or Ethereum. Enter the amount you want to buy or sell and check the current price. After that, click the [Buy] or [Sell] button to complete the transaction.

Step 5: Withdraw Your Funds

After you have successfully traded and made a profit, you may want to withdraw funds from your Triv account. For the mobile app, select the [Wallet] menu and choose the [Withdraw] option. Choose the withdrawal method you want, such as bank transfer or e-wallet, and enter the amount of funds you want to transfer.

Follow the instructions to complete the withdrawal process. Your funds will be sent to your bank account or e-wallet account within a few hours to a day, depending on the method chosen.

With these steps, you can easily use Triv for crypto trading, staking, and managing your funds. In this Triv review, we've seen how easy it is to use this platform, from creating an account to withdrawing funds. So, if you're looking for a user-friendly and secure platform, Triv Indonesia is the right choice.

Pros

• Secure and reliable
• Low fees
• A good amount of fiat currencies accepted

Main Features

• Reputable exchange
• Multiple fiat currencies are accepted
• Relatively low trading fees

Visit Site

Pros

• Fiat currencies - accepted
• Simple to use
• Accepts only the most trustworthy cryptocurrencies

Main Features

• A leading cryptocurrency exchange platform
• Best for beginner investors
• Accepts fiat currencies

GET $200 REWARD

Pros

• Fully reserved and transparent
• Multiple tradable asset classes
• Early new token support

Main Features

• 265 supports cryptocurrencies
• Secure & transparent
• Fully reserved

$20 in BTC

Conclusions

In this Triv review, I have discussed the important aspects that make the exchange an attractive crypto trading platform. Starting from "What is Triv?" to its various excellent features, Triv Indonesia offers a complete solution for your crypto trading and investment needs. With a diverse selection of crypto assets, guaranteed security, and a user-friendly Triv app, this platform is suitable for beginners and pro traders alike.

We have also seen various additional services, such as US stock purchases and an affiliate program. That said, Triv provides various payment methods and staking services that maximize your profit potential.