A trading cryptocurrency guide must 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 BTC-Alpha consists of four parts: general information, fees, deposit methods and security.
BTC-Alpha is a cryptocurrency exchange headquartered in the United Kingdom.
United Kingdom is the country which without a doubt has the most cryptocurrency exchanges in the world. At least that we know of.
BTC-Alpha 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 BTC-Alpha:
BTC-Alpha Trading fees
As you surely know, there are a number of top crypto exchanges that do not charge different fees between takers and makers. Usually, you say that such exchanges’ trading fees are “flat”. This exchange offers a flat trading fee of 0.20%. The exchange does accordingly not care about whether you are a taker or a maker. For investors who prefer to pick-up existing orders from the order book, this might be an attractive trading fee model.
The flat trading fee of 0.20% is in line with the industry average which can be argued to be around 0.25%.
As many other exchanges, BTC-Alpha also offers a reduced trading fee for traders that have executed trades at the exchange over a certain level. The relevant levels are listed in the following table:
BTC-Alpha Withdrawal fees
This trading platform charges a withdrawal fee amounting to 0.00135 BTC when you withdraw BTC. This is above industry average. The global industry average BTC-withdrawal fee is arguably around 0.0008 BTC (0.000812 BTC according to our own study). This means that BTC-Alpha’s withdrawal fee is more than 65% higher than industry average.
At BTC-Alpha, you can deposit fiat currency from any of the payment systems supported by the exchange. These payment systems currently include, inter alia, NixMoney and Epay. Deposits of cryptocurrency are possible in the same way as is customary for cryptocurrency exchanges (i.e. directly from cryptocurrency wallets).
This exchange’s security score is B, when performing the test at Observatory by Mozilla (https://observatory.mozilla.org/). This is actually far above average when it comes to top crypto exchanges and could also be a factor making you conclude that BTC-Alpha is the best cryptocurrency exchange site for you. Especially so considering that the majority of exchanges in our Cryptocurrency Exchange List only received an F when running their respective sites in the Observatory-test.
When looking at the site icorating.com, this exchange’s rating is even higher: A-. So there’s no doubt that this platform has worked hard on its security features. Good work, BTC-Alpha!
The exchange reviewed above has a large number of supported cryptocurrencies. If a large number of supported cryptocurrencies is an important factor for you in your choice of cryptocurrency exchange, you could also check out the following exchanges: