Bitcoiva Review 2022: Is It A Scam Or Legit? Best In-Depth Review

Bitcoiva Review Is It A Scam In-Depth Review

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Reaffirming our commitment to bringing you the best investment advice and reliable trading platform, our team crawled the web and came out with a leading Crypto trading platform – Bitcoiva

Bitcoiva is a crypto trading platform offering services like spot trading, fiat to crypto trading, and crypto to crypto trading to traders in India and abroad. 

The platform supports fast, easy, and instant transactions. Additionally, this Indian exchange has gained much traction among foreign traders by offering favorable trading conditions. The features that have added more to its popularity include a user-friendly interface, adequate commission fees, and a long list of Crypto-Crypto trading pairs. 

However, the platform has a few downsides, which I think can be improved. As a Trader, I explored many Crypto exchanges but was little confused about Bitcoiva. So, to get a better idea of the platform and deliver the deeply analyzed Bitcoiva review, I quickly created an account. Below, I have put a detailed review, which primarily includes, Bitcoiva fees, features, platforms, and most importantly, products offering.

Overview of Bitcoiva Exchange: 

Bitcovia is a Cryptocurrency exchange that operates under Bitcoiva LCC, a limited liability company in the US. The exchange was launched in June 2020 and since then, it has left no stone unturned to be listed among the leading and world’s most prominent Crypto exchanges. 

That’s not all! The platform is progressing and is constantly focusing on increasing trading volumes. The simplicity and functionality of the trading platforms shall be considered the primary reason for their success. 

The exchange’s one-level referral program and investment programs based on staking are something that every crypto trader would appreciate.

Bitcoiva Review: At A Glance

Year Founded2020
Official Websitewww.bitcoiva.com
HeadquartersUS
Minimum deposit:0.0001 
TokenBCA (bitcoiva)
Deposit MethodFIAT (INR) &  Crypto (USDT)
Trading OptionFiat to crypto & Crypto to Fiat.

Is Bitcoiva A Scam Or Legit? Regulations

No, Bitcoiva is not a scam, as it holds a license to operate as a limited liability company. Let’s understand more about its legitimacy through other points.

As the Crypto market is highly unregulated, there is no sense in finding a regulator behind any crypto exchange. However, regulation is just a parameter, not a verdict, to decide whether the platform is a scam or legit. There are other things to consider, like the exchange’s market reputation, registration, and existing users’ reviews. 

In this sense, the exchange’s parent company Bitcoiva LLC is a limited liability company registered in the state of Wyoming with entity identification number 2021-001044882.

Additionally, the exchange has an average market standing, with a rating of 2.9 stars on Revain.org. However, these reviews don’t include any scam-related incidents. 

Henceforth, after deeply analyzing the platform, I would only say Bitcoiva is a legit crypto exchange. Below is the firm’s registration certificate: 

Bitcoiva Review: Pros And Cons

While writing this detailed Bitcoiva review, I curated a list of a few advantages and disadvantages of trading with the platform. The exchange undoubtedly offers best-in-class services, but there are some drawbacks to consider too. 

ProsCons
You can trade all the popular cryptocurrencies Accepts only INR as fiat deposit
No restrictions on trading strategiesDemo Account missing
Average Commission and zero deposit feeRelatively a new exchange 
Lucrative referral programs
Simple ad User-friendly Interface
Advanced Mobile Trading App for iOS and Android

Fees & Commission:

The best part of the platform that I have gone through is its fixed commissions on trading. And it doesn’t depend on the trading volume. 

The maker and taker fee for most cryptocurrencies is fixed at 0.20%. There is no swap fee. Additionally, the commission charges of the exchange platform are as follows: 

Crypto Trading PairsFees
BTC/USDT and BTC/INR0.25%
For Most Crypto Pairs1%
For BDX/USDT, BDX/BTC, BDX/INR3%

After analyzing the above fee & commission structure of the platform, I would only say that commission charges are slightly higher than the industry average. Instead, you can opt for the other best crypto trading platforms like InvestFW, and ABInvesting as they charge the lowest fees with zero commission charges. 

Bitcoiva Deposit Methods

The platform allows users to make deposits through fiat (INR) and Cryptocurrencies (USDT). The other option includes a wire transfer. 

As it accepts fiat currency deposits, the platform qualifies as an “entry-level exchange,” making it a platform where new crypto traders can start their journey.

Bitcoiva Withdrawal Fees

Bitcoiva withdrawal fees vary from crypto to crypto. For BTC withdrawal, there is a minimal amount. The average BTC-withdrawal fee in the market is 0.0006 BTC per BTC-withdrawal. Meanwhile, Bitcoiva.com Exchange charges 0.0007 BTC per BTC withdrawal, which is above the industry average.

Also Read: What Is Forex Factory Tools?

Bitcoiva Review: Top Features & Services

While exploring the platform, I noticed that Bitcoiva currently offers four types of trading services. These services are curated according to the need of every crypto trader. 

Here’s a list of trading services the platform offers: 

Spot Exchange: 

The Bitcoiva exchange platform allows traders to buy or sell cryptocurrencies in a few minutes. Additionally, there is no fee for platform users, but nominal commission charges are payable. 

Instant SWAP:

The platform works exactly like an exchange where traders can instantly buy or sell cryptocurrencies. The buyer and seller on the platform are subject to paying a taker/maker fee. 

Bitcoiva Staking:

The platform offers staking rewards for holding coins to support the network. The guaranteed way to make money.

Peer-To-Peer:

The platform isn’t launched yet, so detailed information regarding it is currently unavailable. 

Future Trading:

The platform isn’t launched yet, so detailed information regarding it is currently unavailable. 

Safe and Secure

The platform implements robust security measures to prevent malicious attacks. With the platform, your crypto – assets are stored securely, wallet and its infrastructure is highly protected.

Referral & Affiliate Programs

Bitcoiva offers a unique referral program that allows you to earn by referring the platform to your friend or family member. The amount of payments varies upon the VIP referral status. There are four tiers, which differ by the following indicators:

  • VIP1 – payments 50%
  • VIP2 – payments 60%
  • VIP3 – payments 70%
  • VIP4 – payments 100%

Bitcoiva Review: Supported Cryptocurrencies & Crypto Pairs

Offering a long list of Cryptocurrencies is probably the USP of the platform. Bitcoiva supports 167 Crypto coins and 300+ Crypto trading pairs, including a minor, major and exotic. Let’s explore the available crypto products in this part of the detailed Bitcoiva Review 2022.

Here’s a list of popular Cryptocurrencies available on the platform: 

  • Bitcoin BTC
  • Ethereum ETH
  • Cardano ADA
  • Tether USDT
  • Binance Coin BNB
  • XRP
  • Solana SOL
  • Polkadot DOT
  • Dogecoin DOGE
  • Avalanche AVAX
  • Terra LUNA
  • Uniswap UNI
  • Algorand ALGO
  • Chainlink LINK
  • Litecoin LTC
  • Bitcoin Cash BCH
  • Polygon MATIC
  • Filecoin FIL
  • Stellar XLM
  • TRON TRX
  • Ethereum Classic ETC
  • VeChain VET
  • THETA
  • Tezos XTZ

List of Bitcoiva Supported Pairs

  • AKRO/USDT
  • AVA/USDT
  • AUDIO/USDT
  • BADGER/USDT
  • BAT/USDT
  • BTC/USDT
  • CTK/USDT
  • BNB/USDT
  • BLZ/USDT
  • BCA/USDT
  • BOND/USDT
  • BNT/USDT
  • CFX/USDT
  • CHZ/USDT
  • CHR/USDT
  • CKB/USDT
  • COTI/USDT
  • COS/USDT
  • BCH/USDT
  • BAKE/USDT
  • AVAX/USDT
  • BEAM/USDT
  • ATA/USDT
  • BAND/USDT

What Is Bitcoiva Coin (BCA)?

Bitcoiva Coin (BCA) is a native currency of the Bitcoiva exchange. It is a utility token and the backbone of the Bitcoiva ecosystem. 

The maximum supply of the BCA is set at 21,000,000, while the circulating supply is not available. At the time of writing, the live Bitcoiva price is $12.48 USD with a 24-hour trading volume of $317,843. On the other hand, Bitcoiva coin price INR today is Rs. 998. 

How To Create An Account On Bitcoiva? 

Users can create an account by following the instructions below to begin trading with Bitcoiva Exchange.

  • Click on the “Login/Signup” icon on the Bitcoiva website – bitcoiva. com.
  • Now, fill in details like your First Name, Last Name, Mobile Number, Email Id, and Password.
  • Enter The Referral Code While Creating Your Account (If you have one). 
  • Submit The Form, and soon, you will receive an activation email.
  • Click on the “Confirm Email” link in the email.
  • You’ll receive a six-digit One-Time Password (OTP) after your account is activated, which you must enter before logging into your Bitcoiva account. You’ll also receive your bitcoiva login credentials. 

Bitcoiva Mobile App

As most crypto traders believe that trading on a desktop offers the best conditions, Bitcoiva.com offers a larger screen because more of the important data that most traders rely on can be viewed simultaneously on larger screens. 

Additionally, it will be simpler to view the trading chart. But not all crypto traders need desktop computers to conduct trading. Some people prefer to trade cryptocurrencies on their mobile devices. 

You’ll be pleased to know that Bitcoiva’s trading platform is compatible with mobile devices. The Bitcoiva app offers similar functionality and features as the desktop version. The app is available for download on the Google Play store. 

Bitcoiva Review: Customer Support

Bitcoiva offers average customer support through various channels. Although customer support is available 24×7, still, the response time is very high. 

Here’s a list of available Bitcoiva customer support channels: 

  • Email: [email protected]
  • Call Support: 1800 2020 130
  • Social Media: LinkedIn, Facebook & Twitter
  • Bitcoiva LLC Registration Address: 1603 Capitol Ave., Ste. 310 Cheyenne, Wyoming 82001 USA

Bitcoiva Reviews & Rating

The exchange has an average market standing among its existing users, with a rating of 2.9 stars on Revain.org. Here’s what people are saying about the platform: 

Final Verdict On Bitcoiva

After analyzing the Bitcoiva review, here’s a quick summary – Bitcoiva cryptocurrency exchange is a relatively new and forward-thinking platform, providing exchange trading in crypto-to-crypto and crypto-to-fiat pairs. 

The commissions are average. The referral program is unique and equally successful. Some platform features don’t yet exist, but they will soon be available. The exchange’s trading terminal is a standard TradingView, but there are no demo accounts or tailored solutions for new traders. 

As demo accounts are a need of every trader, the unavailability of such a useful tool is quite the biggest drawback of the platform. However, there are some other crypto trading platforms like InvestFW and ABInvesting are provides free demo trading accounts with a good sum of virtual funds. 

FAQs

What Is Bitcoiva Market?

Bitcoiva market offers a platform for viewing the current price of the crypto coins and pairs. Additionally, the platform supports fast, easy, and instant transactions. Additionally, this Indian exchange has gained much traction among foreign traders by offering favorable trading conditions. The features that have added more to its popularity include a user-friendly interface, adequate commission fees, and a long list of Crypto-Crypto trading pairs. 

What Is Bitcoiva Beldex Price INR?

The Bitcoiva Beldex INR today price is Rs. 4.61. The bitcoiva Beldex INR price is on a downward monthly trajectory as it has decreased by -4.1% from Rs. 4.81 since 1 month (30 days) ago. Read our detailed Bitcoiva review for more details.

What Is Beldex? 

On the Bitcoiva exchange, Beldex is a private coin with a private ecosystem through a dapps that provides utility for the Beldex coin. 

What Is Bitcoiva Coin Price Inr BDX?

The BDX price on Bitcoiva is Rs. 4.61. The current Bitcoiva to INR price is ₹941.89.

What Is Bdx To INR Bitcoiva? 

The price of BDX to INR is Rs. 4.61. The current beldex coin rate in bitcoiva is on a downward monthly trajectory. Read our detailed Bitcoiva review for more details.

What Is Bitcoiva 2.0? 

Bitcoiva is a crypto trading platform offering services like spot trading, fiat to crypto trading, and crypto to crypto trading to traders in India and abroad. The platform supports fast, easy, and instant transactions. 

What Is The Price of Bitcoiva BDX INR?

The Bitcoiva BDX/INR is Rs. 4.61. In the last 24 hours, BDX-INR price has decreased by -1.1%. Read our detailed Bitcoiva review for more details.

What Is Bitcoiva Refund Policy?

The platform doesn’t issue any refund or cancellation against successfully fulfilled orders. Once a buyer’s order is fully or partially matched, the transferred amount will be non-reversible. 

On the other hand, Bitcoiva has the right to refund the user’s account balance to any Crypto wallet specified by the user and the refund shall be INR.

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