Bithash.Net Review: Learn More About a New Exchange

BitHash is a centralized cryptocurrency exchange. The country of its origin is Seychelles. It’s an island, which is located in the Somali Sea segment of the Indian Ocean. BitHash trust index is currently 4 based on most reviews and feedback. Plenty of traders worldwide trade on this exchange. It currently has a daily trading volume of ₿0.00 including 12 coins and 45 trading pairs. The most active trading pair on the BitHash exchange is Bitcoin to Ethereum. 

BitHash was founded in 2016. You can always find more information and details about the BitHash exchange at its official website, https://www.bithash.net/ 

Description of the Exchange

Trading volume on cryptocurrency exchange Bithash was $57,314,240.17 (1,823.03 BTC) in the last 24 hours. Sure thing, it changes all the time, so we can say that it's average. Bithash is ranked 1,113,716 in the global website ranking by Alexa Rank. According to Alexa Rank, Bithash is the most popular exchange at its 10,000,000 spot on local websites.

History of the Crypto Exchange

BitHash cryptocurrency exchange was founded in 2016 in Singapore with over 100 pairs available for cryptocurrency trading. The available coins include Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH), Ethereum Classic (ETC), Dash ( DASH), EOS (EOS), Monero (XMR), Ripple (XRP), and Zcash (ZEC).

BitHash is operated by PHOENIX TRADING SOLUTIONS LTD, registered under the Seychelles International Business Companies Act 2016 with company number 214028.

Where to Start?

First, you need to register on the exchange, specifying the email address to which the activation link and account login information will be sent. After activating your account, you can start trading on the exchange by replenishing your wallet in any of the available currencies. 

How to Fund a Wallet on the BitHash Cryptocurrency Exchange

After registering on the exchange, each user receives a multi-currency wallet with the ability to deposit and withdraw funds. To replenish your account in any of the currencies, click on the deposit button. Then, you will see the address and QR code for replenishing the wallet. A new address will be generated for each payment. Old addresses are still available for replenishment. Most currencies require online confirmation to complete the transaction successfully. In your wallet, you will see all unconfirmed transactions and the required number of confirmations for them.

How to Buy and/or Sell Cryptocurrency on the BitHash Cryptocurrency Exchange?

On the bidding page, specify the required amount of crypto you wish to buy, set the desired price, and click buy or sell. Your application will be sent to the auction. After successful execution of the application, you will receive a corresponding notification.

How to Withdraw Funds from a Wallet on the BitHash Cryptocurrency Exchange?

To make a transfer fast, click the withdraw button, then indicate the transfer amount, as well as the address of the wallet to which you want to withdraw your funds. Withdrawal requests will be processed instantly. You can see a list of all transactions in the wallet's payment history. 

What Are the Fees on the BitHash Cryptocurrency Exchange?

A general fee for all pairs available for buying and selling is 0.1% of the transaction amount. Deposit and withdrawal fees depend on the type of currency, network complexity, and some other factors. For the current commission for deposit and withdrawal for each of the currencies, see the withdrawal page for more information. 

Listing Cryptocurrencies BitHash

They accept applications for adding (listing) cryptocurrencies on the exchange.

BitHash Affiliate Program

If you decide to invite your friends to trade on the BitHash cryptocurrency exchange, you get up to 50% of their fees. It is necessary to register on the exchange to get a personal referral link first. You can find out more information and get a referral link on your account page if you have a closer look at the details provided on the official website. 

Conclusion: Is BitHash the Right Choice for You? 

Crypto exchange known as BitHash is a centralized cryptocurrency exchange. It has been introduced on the market since 2016. The country of registration is Seychelles.

The number of currencies available for trading is now 12. Currently, the number of trading pairs is 45.

The trading volume in the last 24 hours was $51,312,705 (US dollars), which is 0.07% of the total trading volume on cryptocurrency exchanges, and by this indicator BitHash ranks 100. BitHash trading fees are equal: for a taker from 0.1%, while for a maker it would start from 0.1%. Derivative transactions are not possible on BitHash. Margin trading (leveraged trading) is not provided as well. The crypto exchange provides the ability to deposit and/or withdraw fiat currencies like euro, dollars, and roubles. Available payment systems at BitHash include Visa, MasterCard, and Bank Wire Transfer. The exchange interface supports the following languages: English, Russian, and Chinese.