Bitbank | Your Path to Professional Trading

Cryptocurrency Exchange

A Cryptocurrency Exchange is an online platform that enables users to buy, sell, and trade cryptocurrencies such as Bitcoin, Ethereum, Tether, and Dogecoin. These platforms, similar to traditional financial brokerages, provide a secure and user-friendly environment for crypto trading. Users can trade peer-to-peer (P2P) with low fees without intermediaries or directly with the exchange (OTC). Supported by digital wallets and KYC verification, these exchanges ensure security and convenience for both beginners and professionals.

Types of Online Cryptocurrency Exchanges

Cryptocurrency exchanges are divided into two main categories: Centralized Exchanges (CEX) and Decentralized Exchanges (DEX). Each has unique features, and you should choose one based on your trading needs.

Centralized Exchanges (CEX) are managed by a central authority, minimizing risks of fraud, theft, or loss. Human support, transaction history tracking, and reasonable fees are key features of these exchanges.

In contrast, Decentralized Exchanges (DEX) operate without intermediaries, enabling peer-to-peer (P2P) trading. Users retain full control over their digital wallets, enjoying greater privacy.

How Cryptocurrency Exchanges and Bitbank Work

Method 1: One way Bitbank conducts trades is through its internal pool, where users trade directly with the exchange. Orders are executed at the exchange’s rates and inventory, not recorded in the public order book, resulting in faster execution and reduced spreads.

Method 2: Alternatively, Bitbank matches user orders via an order book. For example, User A’s sell order is automatically matched with User B’s buy order.

If an internal pool isn’t available for a specific currency, orders are sent to a global liquidity provider network. A matching engine selects the best rate based on price, volume, and order time, ensuring minimal spreads. The spread is the difference between the buyer’s and seller’s bid prices.

Criteria for the Best Iranian Cryptocurrency Exchange

With the growing number of exchanges, finding the best Iranian cryptocurrency exchange can be challenging. Below are some of Bitbank’s key features.

Fast Verification

A key feature of a reputable exchange is a fast and easy KYC verification process. Exchanges must identify users to prevent illegal activities like money laundering. This ensures secure trading and asset protection. A good exchange streamlines verification, allowing you to start trading quickly.

Variety of Cryptocurrencies

A top exchange offers a wide range of cryptocurrencies, enabling portfolio optimization. This includes new meme coins, stablecoins, top market tokens, real-world assets (RWA), and digital gold. Bitbank supports hundreds of cryptocurrencies, helping investors maximize market opportunities.

Online and In-Person Support

During trading, you may encounter questions or issues. A reputable exchange offers robust support, ensuring quick assistance from experts. In-person support at the company’s location further enhances credibility. Contact details and Bitbank’s address are available on the contact page.

Competitive Prices and High Trading Volume

Reputable exchanges provide real-time, transparent cryptocurrency prices, ensuring fair trading. High trading volumes indicate strong liquidity, allowing fast and cost-effective order execution.

Dedicated Wallet

Reputable exchanges offer secure internal wallets for digital asset storage. Due to international sanctions, external wallets may pose challenges for Iranian users. A dedicated wallet ensures asset security.

Order Types

Various order types help traders manage transactions effectively. For example, Limit Orders allow setting specific buy prices, while Stop Orders manage risk by setting stop-loss levels.

Liquidity Protocols

Liquidity protocols ensure users can buy and sell cryptocurrencies easily at any time. Partnerships with liquidity providers guarantee sufficient liquidity, especially during volatile market conditions.

Timely Settlements

A reputable exchange adheres to financial commitments, settling rial payments quickly. While Iranian exchange settlements depend on banking systems like Pay and Satna, a reliable exchange strives for timely payments, enhancing user trust and satisfaction.

Unrestricted Trading

A key feature is the ability to trade without restrictive limits. Users should trade any amount, enabling beginners to start small and professionals to execute large trades. Some limits may be imposed by Iran’s Central Bank or legal authorities, applicable to all exchanges.

Why Choose Bitbank?

Easy and Diverse Trading at Bitbank

At Bitbank, you can trade a wide range of popular and trending cryptocurrencies like Bitcoin, Ethereum, Tether, Shiba, Sushi, Aave, UNI, TRX, and more. The platform offers diverse trading markets, including “Tether trading” and “Rial trading.”

Professional Trading Tools

Bitbank provides various tools, including real-time market prices and user-defined Limit prices.

Passive Income

Staking, an exciting way to earn passive income in the crypto market, will soon be offered by Bitbank, allowing you to earn cryptocurrency without active trading.

Support and Security

Bitbank, one of Iran’s safest cryptocurrency exchanges, offers 24/7 support. Using advanced security technologies, including top protocols, multi-stage cold storage (physical wallets), and two-factor authentication (2FA), it ensures asset safety. Verification is conducted securely via Iran’s Mehr Bank system.

Bitbank: One of the Largest Cryptocurrency Exchanges

Bitbank provides a secure and reliable platform for cryptocurrency investment. Trade major cryptocurrencies like Bitcoin, Ethereum, Doge, Tether, and more. Bitbank’s Tether market enables stablecoin trading. High trading volumes ensure fast order execution with minimal spreads.

Beyond trading, Bitbank offers additional services for user convenience. Dedicated Android and iOS apps enable trading anytime, anywhere. The 24/7 support team is ready to assist. With a focus on high trading volumes and speed, especially during volatile markets, Bitbank is ideal for professional traders. Soon, features like IEO, staking, and savings accounts will be added.