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Exchange Review
This exchange has been marked as dead or inactive and is either gone or recommended not to use.

Bitmaszyna


Exchange Fees

BTC 0.00018 Withdrawal Fee • 0.30% Taker Fee • 0.10% Maker Fee

Deposit Methods

Yes Wire transfer Yes Credit Card

Supported Cryptos (3)

Bitcoin, Litecoin, Lisk Coin

UPDATE 15 July 2021: When trying to access the website of Bitmaszyna (bitmaszyna.pl) today, we were unsuccessful. There have been no preceding messages on system maintenance or new domain names or anything similar.

Accordingly, we believe that this exchange has closed down and we have marked it as "dead" in our Exchange Graveyard. If the site would become accessible again and the error is just temporary, we will "revive" it and bring it back to our Exchange List.

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Bitmaszyna’s domicile country is Poland. Poland is alongside the United Kingdom one of Europe’s most prominent cryptocurrency exchange countries.

The exchange does not explicitly prohibit US-investors from trading on its exchange. In any event, all US-investors should still do their own independent analysis of any problems arising from their residency or citizenship. In a worst-case scenario, they might be prohibited from trading.

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 trading 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 Bitmaszyna:

Bitmaszyna Trading View

Always check the trading fees of each exchange that interests you. Bitmaszyna’s trading fees for takers are 0.30%. This fee is above the industry average which is around 0.25%. The trading fees are however reduced as your trading volume increases, as set out in the picture below.

Bitmaszyna does however offer a substantial discount for the makers, and has a maker fee of 0.10%. This promotes the liquidity at the exchange. This is especially beneficial for the investors not interested in picking up existing orders from the order book but that rather prefers to “go fishing” with maker-orders. Maybe this condition even makes this exchange the best cryptocurrency exchange site for you?

Bitmaszyna Fees

The exchange charges a modest withdrawal fee amounting to 0.00018 BTC when you withdraw BTC. This fee is far below the industry average and constitutes a competitive advantage against the majority of other exchanges. You can also make an express BTC withdrawal for 0.00036 BTC per withdrawal (i.e., the double amount).

Bitmaszyna offers wire transfer as a deposit method, but you can’t deposit via credit card. This might of course be disadvantageous if you would prefer to use your credit card for any reason.