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Status

BitWell Exchange data is untracked

BitWell exchange is marked as 'Inactive' because of inactivity or insufficient amount of data.

Owner of this exchange? Activate tracking!

Inactive exchange chart

Unfortunately, seems like there is no data available for BitWell because of exchange inactivity.

BitWell Social Signals & Traffic Tracker

X Stats
Visit Twitter

Followers

0.06%

Joined at Apr 05, 2020

Following

205

0.00%

Tweet count

701

0.00%

BitWell reddit
Reddit Stats

Subscribers

-

Subreddit type

-

Moderators

-

Currently, official BitWell Reddit Stats account doesn’t exist or wasn’t submitted. 🔆

BitWell telegram
Telegram Stats
Visit Telegram

Members

1.33%

Title

BitWell English

BitWell traffic
Website Traffic
Visit Website

Website Rating (DR)

50 / 100

0.00%

Ahrefs Rank

762,095

5.79%

Organic Traffic (mo.)

31

520.00%

BitWell github
GitHub Organization

Public repos

-

Type

-

Currently, official BitWell GitHub Organization account doesn’t exist or wasn’t submitted. 🔆

BitWell github
GitHub Public Repository

Stars

-

Watchers

-

Forks

-

Language

-

Currently, official BitWell GitHub Public Repository doesn’t exist or wasn’t submitted. 🔆

These are the project's quantitative metrics of its Organizational GitHub Public account that can be used to trace regular or artificial development activity & growth within the project.

These are the project's quantitative metrics of its official GitHub Public Repositories that can be used to trace regular or artificial development activity, growth & popularity of the project.

These are the project's quantitative metrics of its official Telegram account that can be used to trace regular or artificial Social activity & growth within the project.

These are the project's quantitative metrics of its official X account that can be used to trace regular or artificial Social activity & growth within the project.

These are the project's quantitative metrics of its official Reddit account that can be used to trace regular or artificial Social activity & growth within the project.

These are the project website's metrics based on Ahrefs Rank. They're used to trace website activity & growth within the project. DR (Domain Rating) metric is a sign of the project's website reputability that is ranked from 0 to 100 (the higher the rank, the better reputability). Organic Traffic - is a metric of how many monthly users visit the project's website via search engines. All these metrics are used for determining active or passive projects despite the artificial hype.

Followers: 45,268

Members: 7,111

BitWell Statistics

BitWell Volume
$0.00000324
Volume in BTC
0 BTC
Volume Change 24h
-$0.00
0.00%
Cryptocurrencies
62
Markets
--
Market Dominance
0.00%
Market Rank
--

BitWell Exchange Overview

BitWell is a Centralized exchange that ranks # on BitDegree Exchange Tracker. BitWell has a trading volume of $0 in the last 24 hours.

BitWell currently has 62 cryptocurrencies, 0 fiat currencies and markets (cryptocurrency trading pairs).

Compare BitWell side-by-side with other exchanges here: Exchange Comparison Tool.

BitWell is a Singapore-based centralized cryptocurrency exchange (CEX) for individual and institutional traders. Founded in 2020, it offers spot and derivatives markets, including options and futures contracts. BitWell crypto exchange users can also invest and stake using the platform’s native asset, WELL.

The platform complies with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations. Users from several countries, including Canada, China, Thailand, Ukraine, and the USA, are prohibited from using any of the BitWell cryptocurrency exchange services. Trading is available on desktop and mobile devices.

Markets

Users can engage in crypto-crypto trading. While fiat currencies aren’t listed in the markets, stablecoins like Tether (USDT) are available. The platform regularly lists and delists assets as required. At the time of writing, the exact number of BitWell trading pairs is unavailable. However, you can check the data above for the most recent updates.

Like many exchanges, BitWell has a native asset known as the BitWell Coin (WELL). Initially developed as an ERC-20 token, it can also be used as a BEP-20 standard on the Binance Smart Chain. The BitWell crypto price value can offset options fees, and token holders are eligible for other discounts, rebates, and network governance rights.

The BitWell spot and derivatives markets are the main services provided by the platform. It mainly focuses on options platforms. Derivatives trading includes:

  • Perpetual futures contracts
  • Simple options
  • Options chain

Options contracts are described as the featured products of the BitWell crypto exchange. Simple options are built as a beginner-friendly trading product with liquidation avoidance and limited losses. Options Chain is a product for professional traders that offers more advanced trading mechanisms.

The BitWell crypto fees for options trades are 0.015% for makers and 0.04% for takers. An additional options commission applies. The commission rate is calculated to never exceed 10% of the premium.

For BitWell spot traders, the maker-taker fee rate is fixed at 0.1%. Fees in the spot market may be adjusted according to market fluctuations at the company’s discretion without a prior announcement. Please consult the BitWell website for the most up-to-date rates.

The BitWell exchange fees for derivatives contracts are based on a multi-tier, maker-taker model. The base maker-taker fee rate is 0.03% and 0.07%, respectively. Discount rates can be acquired using invitation codes and may vary for spot, futures, and options trading.

WELL token holders are eligible to join the VIP program, and access discounted perpetual trading rates and maker’s rebates. The nine VIP tiers are determined by the 30-day BitWell volume and the 30-day average daily WELL position. The volume values are denominated in USDT.

VIP 1 requires a minimum of 20,000 WELL and a trading volume of at least 20 million USDT. The maker-taker fees are reduced to 0.025% and 0.06%, respectively. Starting at VIP 7, makers are eligible for a rebate. The BitWell crypto price value for the rebate can go as high as 0.02%. At VIP 9, the taker fees are down to 0.03%.

Other Services

Aside from the BitWell cryptocurrency exchange, users can access other financial services and use cases for the WELL token. The WELL Vault is a reward pool for BitWell Coin holders. Users can deposit a minimum of 100 WELL and automatically redeem rewards when the pool activity period ends.

BitWell Savings is a coin deposit service. It supports several currencies, including BTC, ETH, BNB, USDT, and DAI. Staking rewards are issued daily based on the amount of staked assets. The approximate BitWell crypto price value for the APY is 10-15%.

About the Company

The BitWell crypto exchange was founded by Hsann Aung Naing in 2020 in Singapore. The company headquarters are registered in Tortola, British Virgin Islands. Jeff Young is the current CEO.

In September 2020, the platform completed a strategic investment round, raising more than $30 million. Investors included companies and venture capital firms such as Block Vision Capital, Ceyuan Digital Assets, Hash Global, and Red Blockchain Capital.

The first self-developed USDT perpetual contract was launched in February 2021. Later that year, the investment and incubation division was created to promote crypto development. In March 2022, a record was set for the company as the 24-hour BitWell trade volume exceeded $200 million.

Jeff Young was appointed as the CEO of the BitWell cryptocurrency exchange in August 2020. He has over a decade of experience in the tech field and was previously part of the management team at Tencent and Sina. Before becoming a crypto investor and founding Block Vision Capital, Young worked at the Binance exchange.

Hsann Aung Naing is the founder and COO of BitWell. He obtained a master’s degree in Business Administration from the National University of Singapore. Naing’s previous experience in the tech industry involves companies like IBM and Toshiba. Before founding BitWell, he was the Head of Operations for Binance’s fiat services.

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The total number of different crypto pairs that's available to be traded on this specific exchange.

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The total number of different crypto pairs that's available to be traded on this specific exchange.

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The total number of coins/tokens available to be traded on this specific exchange.

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It is a quantitative metric in percentage describing how many cryptocurrency coins/tokens were traded (bought & sold) within the last 24 hours on this specific crypto exchange, compared to the previous 24 hours.

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It is a quantitative metric calculating how many cryptocurrency coins/tokens were traded (bought & sold) within the last 24 hours on this specific crypto exchange, and is valued in Bitcoin. It's a direct supply & demand indicator of the exchange.

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Current volume of BitWell is $0

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