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What is BitMarket and how does it work?

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Bitmarket, one of the most popular cryptocurrency exchanges. Find out everything about this platform.

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What is Bitmarket?

BitMarket is one of the cryptocurrency exchanges with the longest experience on the Polish market. This website was launched in 2014 and was created by specialists in internet domain trading. Initially, BitMarket belonged to an experienced capital group, and in 2015 it became the property of BitMarket Limietd.

BitMarket cryptocurrency exchange

BitMart is an exchange that allows you to easily and quickly buy and sell cryptocurrencies from other users. Conducting transactions requires paying a commission, but they are optimally adjusted to the amount of turnover. When registering on the site, complete the appropriate form, providing, among others personal data, e-mail address, login and password. Before making a deposit or withdrawal, account verification is also required, which requires confirmation of the user information. In order to make withdrawals in the quick payment system, you must additionally verify your bank account.

Deposits and withdrawals, fees and commissions at BitMarket

The purchase and sale of cryptocurrencies on the BitMarket exchange requires the amount to be exchanged, as well as the rate. After completing the transaction, the withdrawal can be made in the selected currency - euro, zloty or bitcoin. It is also possible to withdraw cash with collection at an ATM. Deposits in PLN and cryptocurrencies are not charged with a commission, while in the case of euros the costs range from 2 euros up. For withdrawals, the fee is charged regardless of the type of currency. Users have daily limits on deposits and withdrawals, which for EUR and PLN are the equivalent of PLN 1,000,000. The same limit applies to cryptocurrency withdrawals, while depositing them is free.

Opinions about the BitMarket cryptocurrency exchange

The BitMarket cryptocurrency exchange is valued for its system of quick withdrawals and deposits, as well as a high level of transaction security, a convenient interface and comfortable service. The use of this platform is recommended for beginners due to the simplicity of operation and simple regulations. BitMarket also ensures quick and easy contact with service employees.

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