Bitsdaq is a new exchange that has just been born but has made a lot of impressions on players thanks to its many outstanding features. Currently the exchange has an Airdrop program, a program that assists users up to 5000BXBC in registering an account and performing KYC of the exchange. What do you know about the Bitsdaq exchange and related information, please read this article with us.
What is Bitsdaq Exchange?
The Bitsdaq exchange is a cryptocurrency exchange founded in 2019 that is headquartered in Singapore but is licensed to operate in the United States. This is a cryptocurrency exchange that has many incentives for users such as: B. the selection of coins and tokens during the game.
Currently, Bitsdaq exchange is focused on the Asian market, the exchange has its own coin, Bitsdaq Token. This is a coin issued to aid Bitsdaq system and assist users, reduce transaction costs and increase liquidity for users.
Compared to many other cryptocurrency exchanges, the Bitsdaq exchange has many advantages, such as Bitsdaq’s partner Bittrex, a licensed trading platform in the USA and extremely reputable, the exchange has to create a separate coin, you are not charged a deposit fee, in particular the security is on Bitsdaq cryptocurrency exchange is top if it is secured by the 2FA function and the verification of the telephone number. The interface of Bitsdaq exchange is quite simple so that it can be used by those who join the cryptocurrency exchange for the first time, in particular the trading support is also provided on other channels such as telegram, email, stickers …
Transaction fees on Bitsdaq
Currently, the exchange has 3 types of transaction fees as follows:
- Transaction Fee: 0.25%
- Deposit fee: Free for members
- Withdrawal fee: There are different withdrawal costs depending on the type of coin. Here BTC has a withdrawal fee of 0.0005BTC, ETH is 0.006 ETH, USDT is 5, LTC is 0.001LTC, BCH is 0.001BCH.
Bitsdaq Exchange User Guide
How to register to create an account with the Bitsdaq Exchange
Step 1: You click the website www.bitsdaq.com, then enter the information such as country, email address, password, confirm password and select the Sign In button.
Step 2: Confirm the captcha by selecting 4 images and clicking OK
Step 3: Bitsdaq exchange will send you a 6-digit code to activate your account. Go to your email to get the code.
Step 4: You enter the code and select the word Submit, so you have registered to complete the account opening on the Bitsdaq exchange.
How to log into your Bitsdaq account
Step 1: You go to the website and then click on the word Login
Step 2: You enter your full email address and password and then select the word Login
Step 3: You go to the email to receive the code, then enter it and click Confirm to confirm.
How to secure the 2FA layer for accounts on the Bitsdaq exchange
Step 1: You download the Google Authenticator app on your phone
Step 2: Select the My Account button, then Security and then Activate,
Step 3: You will receive the code in the email and then enter it and select Confirm
Step 4: They save the Authenticator keycode so you can still use something if you lose your phone. You open the application you just uploaded, then scan the barcode, get the 2FA code, enter it in the Google Authenticator Code field, and then select the field. To confirm.
How to verify your Bitsdaq account
Step 1: Snap a photo of your ID and passport, take another selfie with your face in hand and hold Bitsdaq plus your current date and signature.
Step 2: You select My Account, click on the Profile field and then confirm the phone by selecting +84, enter the phone number and click on the Confirm field.
Step 3: The floor will send you a code that you will need to enter and click the Confirm button to confirm.
Step 4: After Step 1, go to Step 2, complete the information in the Personal Information section by entering the Full Name, Date of Birth, Residence Status, Permanent Address, City, State, Zip Code field and click Next.
Step 5: You click the Select ID Type field, then select IDCARD and click Upload all photos prepared in step 1.
After the download is successful, select Done so that Bitsdaq Exchange can verify your information. The verification time is 1-2 working days.
How to deposit, withdraw, and buy and sell coins on Bitsdaq
How to Deposit Money on Bitsdaq Exchange
Step 1: You go to Wallets and then scroll down to select the type of coin you want to deposit. Here we choose BTC, then choose Deposit.
Step 2: At the BTC wallet address on the Bitsdaq exchange, if you have BTC you can transfer it, if you don’t have it, go to Remitano to buy and charge it.
Wait 30 minutes, you will see a message confirming the successful transaction with the status box saying Success.
How to buy and sell coins on Bitsdaq
Step 1: You select the Markets box, then select the order to buy and sell Ocin on the exchange. A lot of information is displayed here for you: where to select the coin market, price movement chart, statistics about the exchange, the buy and sell orders have been matched …
Step 2: You choose the coin market to buy, here we choose BTC, then choose the coin you want to buy is XRP (for example) so you have the XRP / BTC coin pair.
+ If you want to buy coins, please fill in the required information, e.g. B. Balance is the existing BTC balance, Price is the price of XRP you want to buy, XRP is the amount of XRP you want to buy, Total is the total amount of BTC to buy XRP, after all, you choose the purchase of XRP. If the order is successful, the BTC credit will be deducted and the XRP credit will be increased, otherwise you have to reset the cheaper price.
+ If you want to sell XRP you need to fill in the above information, then click the SELL XRP box, click confirm to complete the transaction, if the order matches the BTC will increase and the balance will be increased will be deducted when it doesn’t match, click Cancel to cancel the order and start over with a better price.
How to Withdraw Money on Bitsdaq
Step 1: You click on the word Wallets, then select the coin that you want to withdraw, here we select BTC, click on Withdraw.
Step 2: You fill in all the information like destination address, Amount is the BTC amount you want to withdraw and then click the Confirm Send box.
Step 3: You enter the 2FA code and then select Confirm send.
If you have already done so, wait 20 minutes, scroll down to the Withdrawal History section to see the registration status. If the Status section shows the word Success it means the registration process is complete and if it is pending you will have to wait for further confirmations from Bitsdaq.
So we’ve just guided you to register, review, buy and sell coins and how to deposit and withdraw money from the Bitsdaq exchange. This is a new cryptocurrency exchange, but it has made quite an impression in the hearts of crypto lovers, in particular, many people have chosen the floor to experiment with playing coins on the floor. This is a specialty cryptocurrency exchange that you can try out for reference.