BTC-Alpha is a licensed European crypto exchange launched in November 2016. BTC-Alpha offers a safe and convenient platform for buying, selling, and trading cryptocurrency.
BTC-Alpha crypto exchange requires all users to perform identification and verification procedure in compliance with Know Your Customer (KYC) requirements. All existing and new users must pass the verification procedure to perform any transaction on the platform.
The platform restricts or prohibits the use of all or a portion of the services in restricted locations including the United States and its territories such as Puerto Rico, American Samoa, Guam, Northern Mariana Island, and the US Virgin Islands. Other restricted regions include the Balkans, Burma, Cote D'Ivoire, Cuba, the Democratic Republic of Congo, Iran, Iraq, Liberia, North Korea, Sudan, Syria, Zimbabwe, the Crimea, Belarus, Afghanistan, Central Africa Republic, and the Russian Federation.
BTC-Alpha is available in Android and iOS mobile apps. You can also access the platform through the web.
Markets
BTC-Alpha supports spot trading and margin trading. BTC-Alpha spot trading allows users to trade digital tokens without leverage. On the other hand, the platform’s margin trading enables users to trade with borrowed funds hence boosting their stake. The platform offers up to 1:10 leverage.
BTC-Alpha cryptocurrency exchange supports multiple digital coins including popular assets such as BTC, ETH, XRP, USDT, and LTC. The platform has more than 200 trading pairs. BTC-Alpha trading pairs include crypto-crypto and crypto-fiat.
The exchange has a native token called ALP. The token was launched in 2019. It follows the ERC-20 token standard. ALP supports the platform, by giving holders various bounties and privileges for trading on the platform.
BTC-Alpha uses a neat electronic order book to list the buys and sells for the supported assets. Both makers and takers can set the price for their sell and buy orders. The platform also uses technical indicators and trading view charts to help users make rapid and informed trade decisions.
BTC-Alpha offers a dynamic fee that depends on the user's BTC-Alpha trade volume for the past 30 days. Users are assigned VIP status, which defines their BTC-Alpha crypto fees. The minimum BTC-Alpha exchange fee for makers and takers is 0.05% and the maximum fee is 0.15%. Traders holding a certain number of ALP tokens in their accounts receive a 20% discount on their ALP fees. Users can also enjoy welcome bonuses and 20% trading fee cashback.
Fiat deposits and withdrawals attract some fees, which depend on the payment method used. Depositing cryptocurrency is free while withdrawals attract charges, which depend on the type of digital asset a user is withdrawing. You can see all BTC-Alpha crypto prices on their website.
Other Services
BTC-Alpha allows users to stake their assets and earn passive income. The interest is paid out every month, and the percentage yield depends on the staking pool.
Also, the BTC-Alpha crypto exchange allows users to trade on the platform using trading bots. Users can create their own trading bots or buy from developers.
Furthermore, the platform also offers API services that enable the outsourcing of real-time data from the platform. The API system also helps in setting up bot trading on the platform.
Lastly, BTC-Alpha supports social listing, where users can vote on the tokens to be listed on the exchange.
About the Company
BTC-Alpha was founded in 2016 by Vitalii Bodnar. The platform is licensed in Europe. It is headquartered in Kenilworth, Warwickshire, United Kingdom. BTC-Alpha cryptocurrency exchange provides crypto trading services from over 80 countries.
In the first year of its roadmap, the BTC-Alpha crypto exchange team started working with the CIS market. It was frequently mentioned in top finance and fintech media such as Forklog. Moreover, it was also featured in several reputable cryptocurrency conferences such as Cryptofin. BTC-Alpha volume kept soaring as more users joined the platform at an early stage.
On April 18, 2021, the daily BTC-Alpha trading volume hit a record high of $212.50 million. BTC-Alpha also conducted its first token burn in the same month. Token burning mechanism help maintain a healthy BTC-Alpha crypto price. In 2022, the BTC-Alpha exchange managed to maintain over $10 million daily trading volume.
In November 2021, the platform experienced a massive cyberattack. However, the team responded first to prevent any loss of tokens.
BTC-Alpha founder Vitalii Bodnar is a professional programmer with expertise in blockchain technology. Vitalii Bodnar is also an experienced crypto trader and miner.