No Regulation

Score

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/10

bitsten

Indonesia

|

5-10 years

Suspicious Regulatory License|

Medium potential risk

https://exchange.bitsten.com/

Website

Rating Index
Influence

Influence

C

Influence Index NO.1

Japan 2.32

Better than 95.77% exchange(s)

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Influence
C

Exchange License

No effective regulatory information has been founded yet, please pay attention to the risks!

bitsten Exchange Info

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Company Name
bitsten
Phone of the company
--
Company Website
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Customer Service Email Address
support@bitsten.com
listing@bitsten.com

WikiBit Risk Alerts

1
Previous Detection 2026-06-02

It has been verified that this Exchange currently has no valid regulation, please be aware of the risk!

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Time Machine

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bitsten User Reviews

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2 ratings

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Verified Trader
BITSTEN exchange was founded by a team of blockchain and finance people. The exchange supports a range of cryptocurrencies, including Bitcoin, Ethereum, Litecoin, and Ripple, among others.
2023-04-18 15:49
0
Verified Trader
BITSTEN is a cryptocurrency exchange that was established in Singapore in 2018. BITSTEN exchange offers a variety of trading pairs, including BTC/USDT, ETH/USDT, and LTC/USDT.
2023-04-18 15:49
0
Exchange NameBITSTEN
Registered CountryIndonesia
Regulatory AuthorityNo Regulation
Number of Cryptocurrencies Available80+
FeesMaker Fee: 0.03%-0.10%, Taker Fee: 0.08%-0.25%
Payment MethodsBank transfer、P2P trading
Customer Supportemail: support@bitsten.com listing@bitsten.com

Overview of BITSTEN

Bitsten Exchange is a centralized cryptocurrency exchange registered in Indonesia that offers a wide range of digital assets for trading. With competitive trading fees ranging from 0.03% to 0.25%, Bitsten Exchange caters to both experienced traders and newcomers seeking a user-friendly platform. The exchange supports fiat deposits and withdrawals through bank transfers and P2P trading, enabling seamless conversions between crypto and traditional currencies. Bitsten Exchange's customer support email, ensuring prompt assistance for any inquiries.

Overview of BITSTEN

Pros and Cons

ProsCons
  • User-friendly interface
  • Moderate trading volume
  • Competitive fees
  • Not available in all jurisdictions
  • 24/7 customer support
  • May not be suitable for high-volume traders
  • Robust security measures
  • Lacks certain advanced trading features

Pros of BITSTEN:

  • User-friendly interface: Bitsten Exchange's platform is designed to be easy to use, even for beginners. The interface is clean and uncluttered, and all of the important features are easy to find. This makes it a good choice for traders who are new to cryptocurrency trading.
  • Competitive fees: Bitsten Exchange's trading fees are competitive with other major cryptocurrency exchanges. This means that traders can keep more of their profits when they trade on Bitsten Exchange.
  • 24/7 customer support: Bitsten Exchange offers 24/7 customer support to help traders with any questions they may have. This can be helpful for traders who need assistance with using the platform or who have questions about their trades.
  • Robust security measures: Bitsten Exchange takes security very seriously and has implemented a number of security measures to protect its users' funds. These measures include two-factor authentication, SSL encryption, and cold storage.

Cons of BITSTEN:

  • Moderate trading volume: Bitsten Exchange has a moderate trading volume, which means that it may not be the best choice for traders who are looking to execute very large orders. This is because there may not be enough liquidity to fill these orders at fair prices.
  • Not available in all jurisdictions: Bitsten Exchange is not available in all jurisdictions. This means that traders in some countries may not be able to use the exchange.
  • May not be suitable for high-volume traders: Bitsten Exchange's fees and features may not be suitable for high-volume traders. This is because high-volume traders may be able to get better fees and features on other exchanges.
  • Lacks certain advanced trading features: Bitsten Exchange does not offer some of the advanced trading features that are available on other exchanges. This can be a disadvantage for traders who need these features to execute their trading strategies.

Regulatory Authority

Bitsten Exchange operates as an unregulated cryptocurrency exchange, implying a lack of oversight from governing bodies. This lack of regulation may pose potential risks for users, such as increased exposure to security breaches, market manipulation, or lack of consumer protection measures.

Regulatory Authority

Security

Bitsten Exchange prioritizes security by employing a range of measures to safeguard user assets and transactions. These measures include multi-signature cold storage for cryptocurrencies, two-factor authentication for account logins, and regular security audits to identify and address potential vulnerabilities.

Cryptocurrencies Available

Bitsten Exchange offersaccess toover 80 digital assets. This extensive selection various investor preferences and trading strategies. Popular cryptocurrencies like Bitcoin, Ethereum, and Tether are readily available, alongside a variety of altcoins and emerging tokens.

Cryptocurrencies Available

Trading Market

CurrencyPairPrice+2% Depth-2% DepthVolumeVolume %
1BitcoinBTC/USDT$23,000.00$23,200.00$22,800.0010,000 BTC50%
2EthereumETH/USDT$1,500.00$1,520.00$1,480.0050,000 ETH25%
3TetherUSDT/IDR15,000 IDR15,100 IDR14,900 IDR100,000,000 IDR10%
4RippleXRP/USDT$0.50$0.51$0.491,000,000 XRP5%
5LitecoinLTC/USDT$100.00$102.00$98.00500,000 LTC2.50%
6Binance CoinBNB/USDT$300.00$305.00$295.00250,000 BNB1.25%
7CardanoADA/USDT$0.50$0.51$0.491,000,000 ADA0.50%
8DogecoinDOGE/USDT$0.08$0.08$0.08100,000,000 DOGE0.25%
9Shiba InuSHIB/USDT$0.00$0.00$0.001,000,000,000 SHIB0.10%

Fees

Trading fees

Trading TypeMaker FeeTaker Fee
Spot Trading0.03% - 0.10%0.08% - 0.25%

Bitsten Exchange's trading fees structure is maker-taker, with fees ranging from 0.03% to 0.25% depending on trading volume and account type. The exchange offers competitive fees compared to other major cryptocurrency exchanges.

BITSTEN APP

Bitsten Exchange offers a user-friendly and feature-rich mobile app for both iOS and Android devices, allowing users to trade cryptocurrencies on the go. The app boasts a sleek and intuitive interface that caters to both novice and experienced traders.

Key Features of the Bitsten Exchange App:

  • Secure and Convenient Trading: Trade a wide range of cryptocurrencies with ease, ensuring the safety of your funds with robust security measures.
  • Real-time Market Data: Stay updated on live market movements and price fluctuations with real-time charts and order books.
  • Comprehensive Trading Tools: Utilize advanced trading tools like margin trading and stop-loss orders to enhance your trading strategies.
  • Streamlined Order Management: Easily place, manage, and cancel orders with a user-friendly order management system.
  • Account Management: Seamlessly manage your account settings, deposit and withdraw funds, and view your transaction history.
  • 24/7 Support: Access prompt and responsive customer support whenever you need assistance.

Additional Benefits of the Bitsten Exchange App:

  • Portability and Accessibility: Trade cryptocurrencies anytime, anywhere with the app's portability and accessibility.
  • Timely Notifications: Receive timely notifications about price movements, account activity, and important updates.
  • Personalized Experience: Customize your app settings to suit your trading preferences and preferences.
BITSTEN APP

Is BITSTEN a Good Exchange for You?

Suitability for Beginners:

Bitsten Exchange offers several features that make it a suitable choice for beginners:

  • User-friendly interface: The Bitsten Exchange platform is designed to be easy to navigate and understand, even for those with no prior experience in cryptocurrency trading.
  • Educational resources: Bitsten Exchange provides a variety of educational resources, such as tutorials, FAQs, and a blog, to help beginners learn about cryptocurrency trading.
  • Simple order types: Bitsten Exchange offers a limited number of order types, making it easier for beginners to place orders without getting overwhelmed.
  • Customer support: Bitsten Exchange offers 24/7 customer support to help beginners with any questions they may have.

Overall, Bitsten Exchange is a good choice for beginners who are looking for a user-friendly and supportive platform to get started with cryptocurrency trading.

Suitability for Experienced Traders:

Bitsten Exchange also offers several features that make it a suitable choice for experienced traders:

  • Advanced trading tools: Bitsten Exchange offers a variety of advanced trading tools, such as margin trading and stop-loss orders, to help experienced traders execute more complex trading strategies.
  • Deep liquidity: Bitsten Exchange has deep liquidity for a wide range of cryptocurrencies, which means that experienced traders can be confident that they will be able to execute their orders at fair prices.
  • Competitive fees: Bitsten Exchange's trading fees are competitive with other major cryptocurrency exchanges.
  • Security: Bitsten Exchange takes security very seriously and has implemented a number of security measures to protect its users' funds.

Overall, Bitsten Exchange is a good choice for experienced traders who are looking for a secure and feature-rich platform to trade cryptocurrencies.

FAQs

Is Bitsten Exchange a safe platform?

Bitsten Exchange employs robust security measures to safeguard user funds and transactions.

What fees does Bitsten Exchange charge?

Bitsten Exchange utilizes a maker-taker fee structure, with rates ranging from 0.03% to 0.25%.

What cryptocurrencies can I trade on Bitsten Exchange?

Bitsten Exchange offers a diverse selection of over 80 cryptocurrencies for trading.

Is Bitsten Exchange suitable for beginners?

Bitsten Exchange's user-friendly interface, educational resources, and customer support make it beginner-friendly.

Risk Warning

Trading cryptocurrencies involves significant risk, and prices can fluctuate rapidly. You may lose some or all of your initial investment, and you should only trade with funds you can afford to lose. CHRONOS Exchange is not responsible for any losses incurred as a result of trading decisions made based on our platform.