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Börsrecension
This exchange has been flagged as inactive. There are many reasons for being flagged as inactive. We recommend you read the text below to understand why BITKER has received the inactive flag.

BITKER

Handelsavgift

BTC Uttagsavgift 0.0005 • Taker Fee 0.10% • Maker Fee 0.10%

Insättninsgmetoder

No Wire Transfer No Credit Card

Kryptos (21)

0x Protocol, AdShares, Aelf, Cortex, Ethereum Classic and 16 more

UPDATE 2 September 2019: We have received reports from several people in the cryptocommunity that there have been difficulties with withdrawals from this exchange. Naturally, this is quite worrying. When we emailed this exchange to receive more information on these allegations, the emails bounced. Accordingly, we have marked this exchange as dead and we do not recommend any user to start an account here at this point.

To find a reliable exchange where you can start an account, just use our Exchange Filters and we'll help you find the right platform for you.

BITKER is an exchange registered in Singapore that launched in May 2018.

The exchange highlights on its website that the underlying BITKER platform is “carefully designed by the inhouse IT department”. They also emphasize that they have 24/7 multilingual customer support and that they are “one of the fastest exchanges in the market”.

If you live in Singapore and want a cryptocurrency exchange to trade at that is based in the same country as you – you are spoiled. All of the following exchanges are registered in Singapore: Coinut, COSS, Coinhako, Cointiger, DragonEX, Coinhub, Tokenomy, Bitrue, ABCC, Kyber Network and Liquid. But there are also others.

BITKER offers trading in a large number of cryptocurrencies and has 47 different trading pairs.

The exchange does not explicitly state that US-investors are prohibited from trading. Accordingly, we do believe (but we do not guarantee) that US-investors can trade here.

As most other exchanges from Singapore, also BITKER has an app. A small snapshot of how the app looks can be found here (available for both Android and iPhone users):

BITKER App

Different exchanges have different trading views. And there is no “this overview is the best”-view. You should yourself determine which trading view that suits you the best. What the views normally have in common is that they all show the order book or at least part of the order book, a price chart of the chosen cryptocurrency and order history. They normally also have buy and sell-boxes. Before you choose an exchange, try to have a look at the trading view so that you can ascertain that it feels right to you. This is the trading view at BITKER:

BITKER Trading View

Trading fees are naturally very important. Every time you place an order, the exchange charges you a trading fee. The trading fee is normally a percentage of the value of the trade order. At this exchange, they don’t divide between takers and makers. Each party to a transaction pay the same fee: 0.10% of the order value. 0.10% is below the industry average. Industry average has for a long time been 0.25%, but we are currently seeing a shift towards lower fees. Many exchanges now charge e.g. 0.10% or 0.15% instead.

BITKER charges a withdrawal fee amounting to 0.0005 BTC when you withdraw BTC. This is substantially below the industry average, as the industry average is 0.000812 BTC per BTC-withdrawal.

All in all, the fees at BITKER are competitive.

BITKER does not accept any deposits of fiat currency. This means that new cryptocurrency investors (i.e., investors without any previous holdings of cryptocurrencies) can’t trade here. In order to purchase your first cryptocurrencies, you need a so called entry-level exchange, which is an exchange accepting deposits of fiat currency. You can find one by using our Exchange Finder.

BITKER clearly states on its website that the platform utilizes multiple identity authentication, various KYC mechanisms, login security protection, and has regular maintenance of their wallets. They further state that they apply “zero tolerance for risk events”.