8 August 2019: As of today, Bitholic has been acquired by Bithumb Singapore and is hereinafter known as Bithumb Singapore. To find more information on that exchange, please review the Bithumb Singapore review.
Bitholic (recently renamed to Bithumb Singapore) is an exchange registered in Singapore. The renaming is allegedly a way for the major South Korean exchange Bithumb to debut in Singapore. Singapore is one of the countries in the world which has the most registered cryptocurrency exchanges. But, as you know, when it comes to cryptocurrency trading, the world is your playing field and the locality of the exchange doesn’t really matter that much.
As many other exchanges, Bitholic does not accept US-investors on its platform. If you’re from the US and you’re looking for the trading platform that is just right for you, don’t worry. Use our Exchange Finder to find an appropriate exchange accepting US-investors.
Bitholic 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. This is the trading view at Bitholic:
Bitholic Trading fees
Trading fees are naturally very important. Every time you place an order, the exchange charges you a trading fee. The trading fee is normally a percentage of the value of the trade order. At this exchange, they don’t divide between takers and makers. Each party to a transaction pay the same fee: 0.10% of the order value.
0.10% is below the industry average. Industry average has for a long time been 0.25%, but we are currently seeing a shift towards lower fees. Many exchanges now charge e.g. 0.10% or 0.15% instead.
Bitholic Withdrawal fees
Bitholic charges a withdrawal fee amounting to 0.001 BTC when you withdraw BTC. This is slightly above the industry average, as the industry average is 0.000812 BTC per BTC-withdrawal.
All in all, the fees at Bitholic are competitive.
This exchange does not accept any other deposit method than cryptocurrencies, so new crypto investors are 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 – as a second step – deposit them here. Don’t worry though, you can find a so called “entry-level exchange” simply by using our Exchange Finder tool.