BitoPro cryptocurrency exchange was launched in 2017 and is registered in Taiwan. One of the main purposes of the platform is to bring more Taiwanese investors and traders into cryptocurrency and digital assets trading. Apart from cryptocurrency trading solutions, they provide other services like digital wallets, business applications, financial auditing, and many more.
The platform welcomes users all over the world, but those users have to be comfortable with trading with the Taiwanese Dollar (TWD). This is the only accepted fiat currency on the platform. It also uses strict KYC verification methods to ensure the authenticity of all its users. This is important, as they do not condone any illegal activities. Users must sign up with their true identity and provide documents to prove their identity, address, and financial status.
Markets
The major markets on the platform are divided into 4: TWD, USDT, BTC, and ETH. Being a crypto-to-crypto and a fiat-to-crypto trading platform, the BitoPro spot trading option gives users the ability to perform trades with over 24 BitoPro trading pairs. Some of the major cryptocurrencies supported include BCH, SOL, DOGE, ADA, TRX, and more. It is expected that more cryptocurrencies will be added as the BitoPro trade volume increases.
BitoPro exchange fees are among some of the most competitive in the markets today. With the maker-taker model, it charges 0.10% for makers and 0.20% for takers. Furthermore, holders of the BITO token get discounts on trading fees.
For deposits, the platform accepts wire transfers. Of course, these wire transfers have to be done with the TWD. There are bank charges for each deposit. However, crypto deposits remain free. Users will only have to pay for the gas fees incurred when transferring from an outside wallet to their BitoPro crypto exchange wallet. When it comes to withdrawals, there is a BitoPro crypto price of 0.0004 BTC charged on all BTC withdrawals. The price for other cryptocurrencies is set by the platform as well. For fiat withdrawals, the amount you can withdraw is dependent on your level of KYC on the platform, with a daily maximum and minimum amount.
The BITO token is the native utility and rewards token of the platform. Holders of the token are entitled to discounts on BitoPro crypto fees, trading fees, and other benefits. Find more info and the BitoPro crypto price here.
Other Services
The BitoPro has a referral program, which rewards users for bringing new users to the platform.
Furthermore, BitoPro crypto exchange has a stable profit-making, professional legal, and low-risk creditor's claim subscription platform to provide users with more diversified financial products. BitoPro openly allows users to participate in subscriptions through the platform and share the interest earned with other users.
About the Company
BitoPro cryptocurrency exchange was founded by Titan Cheng. He is the CEO of the BitoEx group, the mother company that owns BitoPro. BitoEx Group is one of the largest virtual currency exchanges in Taiwan, with 800,000 active members taking up over 90% of the market. It also offers the BitoEX wallet and a patented TT Check gift card to facilitate diverse cryptocurrency applications. To ensure security for its users, it has also implemented a Third-Party guarantee mechanism.
Titan Cheng, an experienced software system development engineer knowledgeable in decentralized storage management and financial system construction, previously worked on large-scale financial projects like CDIC and the agricultural bank. In 2014, he founded BitoEx and then launched the crypto exchange platform BitoPro in 2018 followed by the stable revenue product BitoDebt in 2019. He has been advocating for infrastructural building such as joint fraud prevention with government support since then. After the money laundering law was put into effect in 2021, BitoEx was one of the first companies to comply with it.
