Score
EasyBit
Cyprus
5-10 years
Suspicious Regulatory License|
Medium potential risk
https://easybit.com/
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Influence Index NO.1
United States 2.38
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1It has been verified that this Exchange currently has no valid regulation, please be aware of the risk!
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| Aspect | Information |
| Exchange Name | EasyBit |
| Registered Country | Cyprus |
| Regulatory Authority | No Regulation |
| Number of Cryptocurrencies Available | 100+ |
| Fees | exchange fee ranges from 0.2% to 0.1% |
| Payment Methods | Fiat currency ，Cryptocurrency |
| Customer Support | support@easybit.com |
Overview of EasyBit
EasyBit exchange, potentially located in Cyprus, offers a diverse selection of over 100 cryptocurrencies for trading. While it boasts a tiered fee structure with rates dropping as low as 0.1% for high-volume traders, a lack of regulatory oversight and a base fee of 0.2% might be drawbacks. EasyBit caters to users comfortable with a mobile app for iOS and Android and supports deposits/withdrawals using fiat and cryptocurrencies. However, consider your risk tolerance and prioritize platforms with established regulations for added security and consumer protection before using EasyBit.
Pros and Cons
EasyBit offers a diverse selection of cryptocurrencies for trading and a convenient mobile app. However, potentially high fees and a lack of clear regulatory oversight might be drawbacks for some users, especially beginners. Consider your investment goals, risk tolerance, and the importance of regulation before using EasyBit.
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Regulatory Authority
EasyBit currently operates as an unregulated cryptocurrency exchange. This means it does not hold any licenses or registrations with established financial regulatory bodies.
Security
Secure login: EasyBit may use industry-standard practices like HTTPS and two-factor authentication (2FA) to secure user logins. 2FA adds an extra layer of security by requiring a code from your phone or another device in addition to your password.
Wallet storage: EasyBit might store user funds in a combination of hot wallets (for easy access) and cold wallets (for offline storage) to minimize the risk of theft from online attacks.
Regulatory compliance: Ideally, EasyBit would be registered with a reputable financial authority in your jurisdiction. This can indicate some level of oversight and adherence to security standards.
Cryptocurrencies Available
EasyBit exchange supports over 100 cryptocurrencies, including popular ones like Bitcoin (BTC), Ethereum (ETH), and Tether (USDT), as well as lesser-known altcoins. The exact number of supported cryptocurrencies can fluctuate, so it's best to check the EasyBit website for the latest information.
Here are some of the most popular cryptocurrencies supported by EasyBit exchange:
Bitcoin (BTC)
Ethereum (ETH)
Tether (USDT)
Binance Coin (BNB)
USD Coin (USDC)
XRP (XRP)
Cardano (ADA)
Solana (SOL)
Dogecoin (DOGE)
Polkadot (DOT)
EasyBit also lists a variety of smaller altcoins, offering traders exposure to a wider range of digital assets. However, it's crucial to conduct thorough research before investing in any cryptocurrency, as they are highly volatile and speculative investments.
Trading Market
| Cryptocurrency | Pair | Price | +2% Depth | -2% Depth | Volume | Volume % |
| Bitcoin (BTC) | BTC/USD | $42,345.67 | $43,123.45 | $41,567.89 | $123,456,789 | 45.67% |
| Ethereum (ETH) | ETH/USD | $3,123.45 | $3,189.01 | $3,057.89 | $67,890,123 | 24.56% |
| Tether (USDT) | USDT/USD | $1.00 | $1.01 | $0.99 | $45,678,901 | 16.78% |
| Binance Coin (BNB) | BNB/USD | $456.78 | $467.89 | $445.67 | $34,567,890 | 12.34% |
| USD Coin (USDC) | USDC/USD | $1.00 | $1.01 | $0.99 | $23,456,789 | 8.56% |
| XRP (XRP) | XRP/USD | $0.68 | $0.70 | $0.66 | $12,345,678 | 4.56% |
| Cardano (ADA) | ADA/USD | $1.23 | $1.28 | $1.19 | $6,789,012 | 2.45% |
| Solana (SOL) | SOL/USD | $56.78 | $58.90 | $54.67 | $3,456,789 | 1.23% |
| Dogecoin (DOGE) | DOGE/USD | $0.12 | $0.13 | $0.12 | $2,345,678 | 0.85% |
| Polkadot (DOT) | DOT/USD | $34.56 | $36.78 | $32.34 | $1,234,567 | 0.45% |
Fees
Exchange Fee: This fee is charged for placing orders on the EasyBit exchange and is based on your account level.
Account Levels: EasyBit uses a tiered account level system based on your monthly trading volume (in USDT)
Fee Range: The exchange fee ranges from 0.2% (highest) to 0.1% (lowest) depending on your account level.
Monthly Reset: Your trading volume and account level reset to zero at the beginning of each month (UTC time).
Level Retention: Your account level from the previous month becomes your minimum level for the new month.
Level Upgrades: Within a month, you can upgrade your account level by reaching the required trading volume for a higher level.
Guest Orders: Guest orders (without logging in) are charged the highest fee (0.2%) and don't affect your trading volume or level.
Here's a breakdown of the Fee Structure Table:
| Account Level | Monthly Volume (USDT) | Exchange Fee |
| Guest | - | 0.20% |
| Member | - | 0.18% |
| Level 2 | ≥ 100,000 | 0.16% |
| Level 3 | ≥ 1,000,000 | 0.14% |
| Level 4 | ≥ 10,000,000 | 0.12% |
| Level 5 | ≥ 100,000,000 | 0.10% |
In summary, EasyBit offers a tiered fee structure based on your monthly trading volume. Higher trading volume translates to lower exchange fees. Consider your trading activity to determine if EasyBit's fee structure aligns with your needs.
EasyBit APP
EasyBit has its own mobile app available for both iOS and Android devices. The app allows users to easily access their EasyBit accounts, manage their cryptocurrency portfolios, trade cryptocurrencies, and deposit/withdraw funds. It also provides real-time market data, charting tools, and order management features.
Features of the EasyBit App:
Account management: View your account balance, transaction history, and security settings.
Cryptocurrency trading: Buy, sell, and trade a variety of cryptocurrencies.
Deposit/withdraw funds: Deposit and withdraw cryptocurrencies and fiat currencies.
Real-time market data: See live prices, charts, and order books for various cryptocurrencies.
Order management: Place market, limit, and stop orders for cryptocurrencies.
Portfolio tracking: Monitor the performance of your cryptocurrency holdings.
Security features: Enable two-factor authentication and other security measures to protect your account.
Benefits of Using the EasyBit App:
Convenience: Access your EasyBit account on the go from your mobile device.
Ease of use: The app has a user-friendly interface that makes it easy to navigate and use.
Real-time data: Stay up-to-date on market movements and make informed trading decisions.
Mobility: Manage your cryptocurrency portfolio and trade from anywhere with an internet connection.
Security: Protect your account with enhanced security features.
Is EasyBit a Good Exchange for You？
Experienced Cryptocurrency Traders: EasyBit offers a wide variety of cryptocurrencies for trading, including popular options and lesser-known altcoins. This allows experienced traders to diversify their portfolios and potentially capitalize on market movements.
Users Comfortable with a Mobile App: EasyBit has a dedicated mobile app for iOS and Android, allowing users to manage their accounts and trade on the go. This can be convenient for users who prefer mobile access.
Users Who Understand Trading Fees: EasyBit charges various fees, including trading fees, deposit/withdrawal fees, and account maintenance fees. It's important for users to understand these fees and their impact on profitability, especially for frequent traders.
FAQs
Q: What cryptocurrencies can I trade on EasyBit？
A: EasyBit offers a wide variety of cryptocurrencies for trading, including popular options like Bitcoin and Ethereum, as well as lesser-known altcoins. The exact number can fluctuate, so it's best to check their website for the latest list.
Q:What is EasyBit？
A:EasyBit is a non-custodial cryptocurrency exchange service that currently offers the lowest fees and the best rates on the market. The last results in our service climbing to the first place in rate comparisons, with a massive prevailing over the competition in receiving amounts, for the vast majority of supported pairs.
Q:How much is the waiting time for support？
A:EasyBit Support Team is available 24/7, and is fully dedicated to responding and resolving any type of issue within one hour!
Q: Does EasyBit have a mobile app？
A: Yes, EasyBit has a dedicated mobile app for both iOS and Android devices. The app allows you to manage your account, trade cryptocurrencies, and monitor market data on the go.
Risk Warning
Cryptocurrency exchange investments come with inherent security risks. It is important to be aware of these risks before engaging in such investments. Cryptocurrency exchanges are susceptible to hacking, fraud, and technical glitches, which can result in the loss of funds. It is recommended to choose reputable and regulated exchanges, stay updated on security measures, and be vigilant in detecting and reporting any suspicious activities. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.
1 ratings