BTCbear
Comisiones de intercambio
Métodos de depósito
UPDATE 2 March 2020: It is currently not possible to access the website of this exchange. This normally means that the exchange has closed down. Accordingly, we have marked this exchange as “dead” in our database. We will monitor the situation and update here whenever there’s anything new to report.
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BTCbear Review
BTCbear is a cryptocurrency exchange headquartered in Estonia.
The exchange launched in London on 10 August 2015. The main founder was a person named Morteza Rezaei. This exchange is not for people who want to trade the smaller coins. So, if you seek any of those, you’ll have to choose another exchange.
BTCbear does not forbid US-investors from trading on its exchange. Regardless, all US-investors should always do their own independent assessment of any problems arising from their residency or citizenship. In a worst-case scenario, they may not be able to trade at one or several exchanges that could be the best cryptocurrency exchange site for them.
BTCbear also has a referral program with the following rules (rules are quite standard):
BTCbear Trading View
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. The below is a picture of the trading view at BTCbear, but without any completed orders or info on pricing:
BTCbear Fees
BTCbear Trading fees
One thing you should never forget is to check the trading fees of the exchange you want to start trading at. BTCbear is one of the exchanges that don’t charge different fees between takers and makers. Usually, you say that such exchanges’ trading fees are “flat”. BTCbear’s flat fees are 0.20%. BTCbear does accordingly not care about whether you are a taker or a maker. For investors who prefer to pick-up existing orders from the order book, this might be an attractive trading fee model.
BTCbear’s fee levels are slightly below industry average. The industry average can be argued to be around 0.25%.
BTCbear Withdrawal fees
Many exchanges have competitive trading fees but then hit you on the way out with their withdrawal fees. Let’s say you have reached your investment goals and you are looking to buy house with bitcoin. In order to buy that house, you need to withdraw the funds. And when doing so, the exchange can make up for its low trading fees by charging you high withdrawal fees when you’re halfway out the door.
We have not been able to find BTCbear’s withdrawal fees. This is potentially a risk for you as an investor (if they are not informed of anywhere we believe there is a higher risk that they are high). Accordingly, we strongly urge you to make your own analysis of the withdrawal fees at BTCbear before depositing any funds there and before concluding that BTCbear is the best cryptocurrency exchange site for you.
Deposit Methods
At BTCbear, you can not deposit via wire transfer, but you can deposit via credit card. This is an unusual division of available deposit methods, so you have to make up your mind if it suits you.
BTCbear Security
The exchange also claims that 95% of the customer’s Bitcoins are stored in Offline Cold Storage Wallets. They are also keen on recommending the customers to use the 2FA (Two Factor Authentication), in order to protect themselves from online fraud.