Bitnomics Exchange Summary
Here at The Next Bitcoin you can learn about many trading platforms, one of them is Bitnomics, we have concluded that Bitnomics is a good trading platform, it is NOT a scam! Read our Bitnomics review today and learn all you need to know about the Bitnomics trading platform and why we recommend it for all traders.
What is Bitnomics?
Bitnomics is a licensed, trusted, and long-established cryptocurrency exchange, aiming to make dealing with crypto a natural and instinctual process.
Considering digital assets were designed for mass adoption, the industry has not once had to adapt, and make sure to be user-friendly even toward people with no background in crypto.
In the case of Bitnomics, the exchange adheres to the highest standards of AML and KYC procedures. Also, you should know that this is a licensed exchange, operating in accordance with Estonian law, where its main headquarters are located.
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Opening an account
When you want to start exchanging with Bitnomics, the first step is to create an account. Upon registration, the fully automated identification process begins. You must provide some personal details and then upload some documents to back them up.
This is mandatory and should be completed before you can start exchanging crypto. One of the main advantages of Bitnomics is that you can buy/sell tokens in small amounts. This is a great advantage for anyone with limited funding available, but with a deep desire to get involved in this increasingly popular sector.
Because the exchange is licensed and considers all the legal requirements, crypto users benefit from strong financial security at no extra charge. This brand works hard to ensure that customer privacy is never neglected.
Crypto exchange features
Moving on to the actual exchange features, you should know that with Bitnomics it’s possible to buy crypto or sell it. At the time of writing, Bitcoin and Ethereum are the tokens supported. Both are very large cryptos, leading the market by daily exchange volumes and market capitalization.
Once the account is fully set up customers can proceed to make a purchase according to their desires. Fiat can be deposited with a credit card, E-transfer (Klarna, Volt, Interac or AstroPay), as well as with bank wires.
The exchange is carried out at the market rate available. According to the brand, it works only with reputable market makers and liquidity providers, to ensure clients can exchange at the best possible rates.
Because Bitnomics prides itself on providing superior customer experience and close, personal support, we also checked whether that’s true. When visiting their website, users can see there is a live chat available. This is definitely the best way to engage with a representative without having to wait long.
Email and phone contact details are also provided, if you find it more convenient. Bitnomics claims to be a suitable exchange for people who are new to the world of cryptocurrencies, and their commitment to support is certainly a right step in that direction.
Based on all of these benefits, we can say that Bitnomics is a well-rounded cryptocurrency exchange. Bitcoin or Ethereum can be bought and sold at attractive market rates, taking advantage of a very simple user interface. Moreover, this is a licensed exchange, meaning that it operates in a transparent manner, compliant with strict regulation.