Azbit reviews: A To Z Crypto Exchange

A centralized cryptocurrency exchange with a Seychelles base is called Azbit reviews.

It was first introduced in 2019, making it a relatively new player in the market. Azbit is intriguing because it offers every characteristic you require to be a successful cryptocurrency investor. Later in the article, I will discuss each in detail. In my opinion, the exchange’s various features demonstrate how committed the crew is to the project.

It’s elementary to open an account on the Azbit cryptocurrency exchange. Simply enter your email address, password, and confirm an email using the link they send you. After completing this process, you can access all of the platform’s capabilities.

With the use of dark gray and green, the user interface and design as a whole seem quite beautiful. The website is very simple to use and doesn’t slow, which gives all users a positive first impression. Really, a sluggish website with slow navigation and buttons raises serious alarm bells for me. This problem shouldn’t arise with Azbit.

The fact that Roger Ver, a well-known investor in Bitcoin and firms related to Bitcoin, is a supporter of Azbit is another significant bonus. Roger’s assistance is clearly appreciated by the Azbit crypto exchange crew, as seen by the display of his name on the platform’s front page.

Exchange 

The exchange tab appears to be rather well laid out. You may look at the charts to examine the trends and compare the values of BTC, ETH, TRX, USDT, and BNB to all other key coins. Even if you are a complete newbie, you shouldn’t have any trouble understanding the charts because they appear to be quite straightforward.

The “Open orders” and “Open history” tabs are located below the charts, while the “Cancel orders” button is located on the right. To be honest, all of these are pretty much self-explanatory. Basically, you can view all of your prior orders and pending orders here. You can also cancel any pending orders you may have.

Earn

The “Earn” tab or soft staking is another another intriguing feature on the Azbit cryptocurrency market. In the world of cryptocurrencies, soft staking is a phrase that is still relatively new. We may characterize it as a new method of earning rewards from staking coins while maintaining control. It offers investors the chance to profit from passive income generation while still having the flexibility to respond to rapidly changing market conditions.

The “Check announcements” button is located on the “Earn” tab, but nothing happens when you click it. To be honest, it’s confusing and a significant negative. What this button’s purpose is is unclear.

You can currently stake USDT, WSBT, and AZ (the native token of Azbit; more on this later in the article). The “earn” page on Azbit displays annual returns for each of these tokens, as may be seen below.

The “deposit” button is visible on the right side of the “earn” area, and the exchange makes an effort to make it as simple as possible for you to do so.

Supported coins

A number of other cryptocurrencies are supported by Azbit, including Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Chainlink (LINK), Bitcoin Cash (BCH), Dogecoin (DOGE), Tron (TRX), Hex (HEX), Sushiswap (SUSHI), Shiba Inu (SHIB), Tether (USDT), and many more. Azbit supports well over 100 different coins, which is a huge bonus for the marketplace.

The “buy crypto” button is also visible when you click the “assets” tab in the exchange’s upper right corner. Yet, if you click on it, the website cryptocoin.pro will open, indicating that Azbit is working with them in some capacity.

Deposits & withdrawals

You can only add money to your Azbit account if you have cryptocurrency (supported by the platform of course). In other words, you cannot use Azbit’s features and services if you do not currently own any cryptocurrencies.

But, if you do like Azbit and want to utilize it but don’t have any cryptocurrency yet, you can purchase cryptocurrency through an exchange that accepts deposits of fiat currency and then go to Azbit and deposit those cryptocurrency monies there.

Choose the cryptocurrency you want to deposit after clicking the “Assets” button to add money to your Azbit account. After chosen, the site will display a location where you can send the item from your wallet. 

On the Azbit wallet, fiat deposits and withdrawals are not supported. Yet, the “Fiat” button is present everywhere; you may just not tap on it. This most likely indicates that the exchange intends to introduce fiat deposits and withdrawals as soon as possible.

Withdraw Fees

The withdrawal cost on Azbit varies depending on the coin; for instance, it is 0.0001 BTC for Bitcoin, which is more than reasonable compared to the industry standard (around 0.0006 BTC).

Trading Fees

Azbit will charge you a trading fee each time you try to trade or make an order. The exchanges often distribute trading fees between takers and makers and refer to these payments as trader and maker fees.

When it comes to spot trading on Azbit, both of these costs are the same and total 0.10%. Again, these fees are below the global average, demonstrating Azbit Global’s competitiveness in that regard. Also, compared to the majority of its immediate rivals, including Hotcoin Global, Azbiit appears to have lower fees.

Same trading costs apply to Azbit as they do to the majority of other major exchanges.

Azbit supported countries

Azbit should be available in more than 200 countries. 

Azbit Mobile Support

The majority of cryptocurrency traders believe that trading on a PC offers the greatest circumstances. The computer has a larger screen, and larger screens allow for the simultaneous viewing of more of the essential data that most traders rely on when making trading decisions. Also, it will be simpler to view the trade chart. Yet not all cryptocurrency traders need desktop computers to do their business. Some people choose to trade cryptocurrencies on their mobile devices. They will fortunately soon be able to download Azbit as a mobile application for both Android and iPhone users.

Azbit Trading View

There is a trading view on every trading platform. The trading view is the section of the exchange’s website where you can view the price chart and current value of a particular coin. Also, there are typically buy and sell boxes where you can place orders for the relevant cryptocurrency. On the majority of platforms, you can also view the order history (i.e., previous transactions involving the relevant crypto). On your desktop, everything is displayed in the same way. Of course, there are variants on what we have just explained.

The choice of whether the aforementioned trading perspective is appropriate for you rests solely with you. Finally, you can usually modify the settings in a variety of ways to customize the trading view to suit your own preferences.

Conclusion

A cryptocurrency exchange with many existing services and features is called Azbit. I would think that it is worthwhile to test out the platform if you are an experienced crypto investor and trader.

Due to KYC and 2FA procedures, the platform’s safety and security appear to be on a respectable level, which is usually a good indicator. As there aren’t many cryptocurrencies accessible for staking on Azbit, I wouldn’t recommend it if you’re seriously involved in the cryptocurrency staking industry.

Moreover, Azbit Global provides announcements for algo markets and algorithmic trading.

The fact that Azbit is still a young platform (the formal launch took place in 2019) and that the results they display after just two years are decent is something else I like about them. Furthermore, it appears that the site takes its commitment to its users seriously. Therefore, before using Azbit, please conduct your own study.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your research before investing.

Join us to keep track of news: https://linktr.ee/coincu

Website: coincu.com

Annie

Coincu News