This write-up explains the best alternative crypto exchange platform for Txbit users.
Crypto exchanges function as online markets where traders and investors may buy, sell, and trade various cryptos. While exchanges like TXBIT have revolutionised the way we interact with digital assets, they have experienced several bottlenecks that have prompted them to proceed with.
We'll go into the realm of crypto exchanges in this blog article, examine the problems with conventional exchanges like TXBIT, and offer KoinBX as a significant substitute.
About TXBIT:
Txbit is a crypto exchange based in Amsterdam that was created from the ground up to fulfil the needs of today's traders in terms of security, privacy, trustworthiness, and speed. Txbit, founded in 2019 by Andrej Safranovic and Kees De Wit, is a centralised crypto exchange aimed at day-to-day traders. Its slogan is “Security, Privacy, and Reliability”.
Txbit's own trading engine and user interface offer a quick, elite trading experience for traders who enjoy spending a lot of time with the charts and those who prefer to trade quickly. A superior desktop and mobile user experience is offered by its user-friendly UI.
Txbit was created using cutting-edge technology and is protected by FinTech-grade security. It is a great alternative for both new and seasoned traders because it supports a wide number of currencies and has a wide range of features.
Why TXBIT got shutdown:
Due to the stringent crypto rules in place and the ambiguity surrounding the legal status of cryptos in many nations. Continuing as before has become impossible for TXBIT in an environment where compliance expenses are increasing and their product margins are continuously under pressure.
Despite having a clear vision when they started out, the situation they are in right now, unfortunately, inhibits them from moving forward. Txbit is closing down all of its services on September 14, 2023.
Introduction of KoinBX:
Here comes KoinBX, with better liquidity and a large selection of crypto products. KoinBX has become a major global exchange for cryptos and the best alternative for Txbit. It offers a platform for both new and seasoned traders, as well as corporate traders, to maximise their trading prospects. It's available on both Android and iOS platforms.
To give traders a more streamlined and secure trading experience, KoinBX is equipped with the following features:
Instant KYC:
To allow trustworthy traders to participate in the KoinBX market, immediate and stringent KYC authentication procedures are performed.
Lowest trading fee:
Trade in the world’s largest crypto exchange at the lowest trading fee with the profit in all trades.
Deposit and Track Crypto:
Deposit your crypto assets with complete confidence. Gain a competitive advantage by monitoring live market trends.
Advanced Auto-Matching:
With advanced match-making algorithms and robust communication performance, engine orders generate speedy trades even in the absence of traders.
High Liquidity:
The user-friendly platform provides more simplicity and hence increased liquidity.
Security:
KoinBX implements the following outstanding safety standards to protect traders' data and assets, with uncompromising security as the guiding philosophy.
- Passcode
- Two-factor authentication
- Cold wallet
- Email Encryption
- SSL encryption
- Fingerprint authentication
- Device change verification
Referral Program:
Increase your profits by taking advantage of referral programme bonuses. Active referrers earn the most money and have access to exclusive VIP benefits.
24/7 Support:
Our dedicated customer service team is available around-the-clock to assist you whenever you need it to ensure a pleasant trading experience.
Embracing the Future of Crypto Trading:
It's very important for traders and investors to have access to dependable, safe, and user-friendly trading platforms as the crypto market continues to develop. In contrast to exchanges like TXBIT, KoinBX offers an intriguing option that addresses the issues that have stifled the development of the crypto trading environment.
While the decision to use an exchange is ultimately determined by personal preferences and priorities, the introduction of alternatives such as KoinBX indicates a good shift towards more innovative, efficient, and secure trading experiences. Whether you're an experienced trader or a beginner to the crypto industry, looking into alternative exchanges like KoinBX could lead to new options and possibilities for your financial journey.
Click the link to know more about KoinBX: https://koinbx.com/txbit-users-assistance
