Singapore
5-10 years
Suspicious Regulatory License|
Medium potential risk
https://bitni.com/
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Influence Index NO.1
Philippines 2.32
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It has been verified that this Exchange currently has no valid regulation, please be aware of the risk!

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Bitni was a cryptocurrency exchange that emphasized simplicity and privacy, allowing users to trade cryptocurrencies without the need for registration or identity verification. It supported a wide range of coins, including major ones like Bitcoin and Ethereum, and featured an interface designed for ease of use, especially for newcomers to the crypto market. The exchange was known for its non-custodial model, meaning it did not hold users' funds, which aligned with its focus on security and user control over their assets. However, as of March 2023, Bitni's website became inaccessible, leading to the belief that the exchange has shut down and is no longer operational.
Bitni offered a non-custodial exchange model, meaning it did not hold users' cryptocurrencies, which could be seen as a security feature as it reduces the risk of a single point of failure or a large-scale hack. The platform claimed to prioritize anonymity and did not require user registration or KYC procedures, allowing for a higher level of privacy. However, it's important to note that as of March 2023, Bitni's website became inaccessible, and it is widely believed that the exchange has shut down . Always consider the latest information when evaluating the security of any platform.
| Trading Fees | 1.00% on all trades |
|---|---|
| Withdrawal Fees | No fees, network fees may apply |
Note: Bitni does not charge any fees for withdrawals since they are a non-custodial exchange. However, network fees for transferring cryptocurrencies may still apply.
To purchase the Bitni app on Android, you would typically follow these steps: locate the app on the Google Play Store through a web search or directly in the app store on your device, click 'Install', and accept any terms and conditions. As of my last update, Bitni's website was inaccessible, and it's widely believed the exchange has shut down. Therefore, the app may not be available for download. Always ensure the source is trusted and the app is from Bitni before proceeding with any installation.
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