A trading cryptocurrency guide must of course provide reviews of all of the top crypto exchanges out there, so that you can find the best cryptocurrency exchange site for you. This review of AnyBits consists of four parts: general information, fees, deposit methods and security.
UPDATE 27 June 2019: It is no longer possible to access the website of this exchange. The website including all social media accounts of Anybits and its partner exchange Bitsane was apparently deleted on 17 June 2019. The LinkedIn-profile of the CTO (Dmitry Prudnikov) has apparently also been deleted. From the looks of it, this has all the characteristic traits of an exit scam.
AnyBits is an exchange based in Ireland. In addition to this exchange, also Bitsane is from Ireland.
The exchange highlights three four things as their main advantages. They say that it is fast, friendly, secure and easy.
AnyBits does not explicitly prohibit US-investors from trading on its exchange. In any event, all US-investors should still perform their own analysis of whether their home state imposes any legal obstacles to them trading at any of the top crypto exchanges that could be the best cryptocurrency exchange site for them.
AnyBits is fully compatible with mobile and/or e.g. iPad. While most traders do their cryptocurrency trading on desktop, some of you might prefer to do it while “on the go” or by your iPad. If so, AnyBits has you covered.
AnyBits Trading View
Different exchanges have different trading views. And there is no “this overview is the best”-view. You should yourself determine which trading view that suits you the best. What the views normally have in common is that they all show the order book or at least part of the order book, a price chart of the chosen cryptocurrency and order history. They normally also have buy and sell-boxes. Before you choose an exchange, try to have a look at the trading view so that you can ascertain that it feels right to you. The below is a picture of the trading view at AnyBits:
AnyBits Trading fees
The fees at any exchange are naturally also extremely important to consider.
This exchange’s trading fees for takers are 0.25%, but this fee is in line with the industry average.
AnyBits Withdrawal fees
This trading platform charges a withdrawal fee amounting to 0.0001 BTC when you withdraw BTC. This fee is substantially below the industry average. The low withdrawal fee constitutes a strong competitive advantage against the majority of other top crypto exchanges in the market.
This trading platform does not accept any other deposit method than cryptocurrencies, so new crypto investors are actually restricted from trading here. If you are a new crypto investor and you wish to start trading at this exchange, you will have to purchase cryptos from another exchange first and then deposit them at AnyBits.
One might ask why security is even a feature that we at Cryptowisser have looked for at the different top crypto exchanges. The answer is two-fold:
- Exchanges store a massive amount of valuable personally identifiable information. From names to addresses, to government identification details, taxpayer identification number and a lot more; and
- Exchanges handle a lot of cash or coin deposits and withdrawals.
This exchange has a security score of D, when performing the test at Observatory by Mozilla (https://observatory.mozilla.org/). This is below industry average when it comes to top crypto exchanges.
We hope you have enjoyed reading the above review. We also recommend checking out the following cryptocurrency exchanges. They are well established in the industry and have also received excellent ratings from the visitors on our site: