BTC Trade UA
May 01, 2014
BTC Trade UA
Bank wire, Credit card (VISA/Mastercard), Direct debit, Bitcoin
Bitcoin, Ethereum, Ethereum Classic, Litecoin, Monero
BTC Trade UA is a Ukrainian crypto-exchange offer trading against Ukrainian Hryvnia (UAH) and coin-to-coin trading. They offer fast registration and 1-minute purchase of Bitcoin via Ukrainian bank cards. It has a single account type and also uses Two-factor Authentication (2FA) for security purposes.
In the CIS countries, cryptocurrency ideas take root notably quickly, which leads to the emergence of extremely interesting projects designed to work with cryptocurrency. Especially against this background where Ukraine stands out and can already boast a number of cryptocurrency exchanges. Some of which may be of serious interest due to their technical features.
The BTC Trade UA exchange has been running since 2014 and is functioning quite successfully. On the main page of their site is the impressive appearance of the page comparable to other popular exchanges. After registration, you will receive a PIN code which will be required for authorization. Soon you get into your personal account which looks quite minimalist yet very informative. Here you can immediately replenish your balance which can be done in two ways; either in the form of hryvnia or your chosen cryptocurrency. The choice of supported tokens is not a huge one, but at BTC Trade UA, these coins are the most popular currencies (which also includes several exotic and not popular altcoins). By the way, when replenishing your balance, you should not forget about the commission, which is quite acceptable with a 0.2% interest rate.
After replenishing the balance, you can proceed directly to trading. Graphs offered by the site’s functionality are unlikely to satisfy a professional user. However, to assess the overall market situation, they will certainly be sufficient. A nice feature is the low transaction fees, which were set at 0.05%. Comparing exchange rates, in general, does not cause difficulties — the only thing that citizens of other countries will have to accept is the calculation in the Ukrainian national currency.
It is important to enable two-factor authentication for the security of your own account. This procedure is less than 2 minutes but will significantly increase the safety of your funds.
BTC Trade UA is not inferior to different top exchanges in terms of their characteristics. In any case, it is quite suitable for the average user or for a beginner. Developers still have to work on some points. I definitely would like to see more available cryptocurrencies. Nevertheless, thanks to such an important advantage such as low commissions. The exchange manages to keep on its side a considerable number of traders who are chasing the maximum profit. The ability to replenish the account using bank cards is also a serious plus.
We can conclude that BTC Trade UA is quite suitable for novice users and ordinary traders. Low commissions, coupled with a convenient method of replenishment will be able to create a comfortable stay on the exchange for trading. However, for advanced players, BTC Trade UA is unlikely to work, due to a significant lag behind the top world-famous exchanges.