Founded in Thailand in 2018, Bitazza is a local centralized cryptocurrency exchange in Southeast Asia. The exchange attracted more than 600,000 members, and after that, it revealed potential plans for worldwide expansion via the Bitazza Global platform. Apart from trading, the exchange also offers a crypto wallet, a Visa card, and an OTC trading desk.
Users must undergo the KYC verification process if they want to increase deposit and withdrawal limits. Besides, the Bitazza crypto exchange is accessible on desktop and mobile devices.
At the time of writing, the Bitazza cryptocurrency exchange supports over 80 currencies, with crypto-crypto and crypto-fiat trading available for all traders.
Besides Bitazza spot and a wide range of Bitazza trading pairs, the exchange also provides major clients direct access to the worldwide OTC market as well as investments in DeFi products and derivatives.
The exchange's native currency is BTZ. The token was developed to help reward its users by classifying them into tiers based on the quantity of BTZ tokens owned. Users with higher rankings receive more benefits and deals. Lower Bitazza exchange fees, points incentives, referral payments, and the opportunity to vote on alterations and platform development are just a few perks and benefits.
The user's Levels are divided into categories starting with Bronze, and progressing to Silver, Gold, Platinum, and Diamond, with Emerald being the pinnacle. Users can receive a discount of up to 70% when paying fees with BTZ. Following Bitazza's formal debut, Bronze-level customers can take advantage of up to 70% discount on Bitazza crypto fees. Besides, by purchasing and selling digital assets listed on the marketplace, users can collect the BTZ token.
The exchange offers a flexible fee structure that varies according to how many BTZ coins a trader holds. The fee is 0.25% if you have no BTZ, yet this can be equivalent to a 50% reduction. The discount increases with the amount of BTZ. No matter the withdrawal amount, such as 1 USDT or 0,02 XRP, the withdrawal fee is a fixed 2.5% or a 20 THB for fiat withdrawals, making the Bitazza crypto price sensible compared to the industry average.
In addition to standard features, the Bitazza crypto exchange offers two specialized services: The Freedom Card and the Freedom Wallet.
The Freedom Card, offered in PVC, LED, and Metal, essentially serves as a Visa card, offering a wide range of benefits and rewards to cardholders. In addition to instant crypto-to-fiat conversion, cardholders can receive up to 9% cashback on every top-up.
Bitazza uses a classification system in which Freedom Card holders are divided into six tiers based on the amount of BTZ staking. As users stake more BTZ and move up to higher tiers of 5 and 6, they get access to VIP bonuses like priority access to hotel bookings, dining venues, and transport arrangements.
The Freedom Wallet is a web3 wallet with blockchain functionality that combines a cashless system with a robust loyalty program to accommodate any type of business. Communities may access a completely decentralized environment with Freedom Wallet, which also allows businesses to use tokens and NFTs and gives customers access to exclusive experiences. Users can use their tokens to mint NFT and gain access to unique rights. Additionally, it enables businesses to create and use tokens within their ecosystem.
About the Company
Bitazza is a centralized crypto exchange founded in 2018 by Bhong Gandecha in Thailand.
In May 2021, Bitazza began its partnership with Lightnet to enter a new remittance industry. Also, thanks to a strategic partnership with Ledger, a well-known wallet service provider, the Bitazza cryptocurrency exchange has established itself as a secure platform, providing a $150M insurance fund for users.
There is little detail available regarding Bhong Gandencha, as the founder has chosen to remain anonymous.