24H Volume

Coming soon!

Chilebit.net

3 from 1 vote
Chile
Supported coins

Fees

Taker fee

Maker fee

Withdrawal fee

0.0001

Funding methods

Wire transfer

Credit card

Other crypto

US investors permitted


Chilebit.net Review

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 Chilebit.net consists of four parts: general information, fees, deposit methods and security.

General Information

Chilebit.net is, unsurprisingly enough, a cryptocurrency exchange from Chile. We have not been able to ascertain whether US-investors are permitted to trade at this exchange or not. Accordingly, we urge all US-investors should do their own independent assessment of any problems arising from their residency or citizenship.

This exchange only offers trading in Bitcoin. If you would prefer a coin exchange with a more extensive selection of trading pairs, we recommend you to check out Changelly or KuCoin.

Chilebit.net Fees

Chilebit.net Trading fees

We have not been able to find this exchange’s trading fees. This is potentially a risk for you as an investor (if they are not informed of anywhere we believe there is a higher risk that they are high). Accordingly, we strongly urge you to make your own analysis of the trading fees at this exchange before depositing any funds at it and before concluding that it is the best cryptocurrency exchange site for you.

Chilebit.net Withdrawal fees

Chilebit.net charges a withdrawal fee amounting to 0.0001 BTC when you withdraw BTC. This fee is below the industry average. Accordingly, it constitutes a competitive advantage against the majority of other top crypto exchanges in the market.

Deposit Methods

Chilebit.net offers wire transfer as a deposit method, but you can’t deposit via credit card.

Security

One might ask why security is even a feature that we at Cryptowisser have looked for at the different top crypto exchanges. Two reasons (i) exchanges store a massive amount of personal data and other personally identifiable information, and, more importantly, (ii) exchanges handle loads of cash or coin deposits and withdrawals.

Chilebit.net’s security score is F, when performing the test at Observatory by Mozilla (https://observatory.mozilla.org/). This is below industry average when it comes to top crypto exchanges.

***

If you have concluded that this is the exchange for you, congratulations! Go for it. But if not, please use our Exchange Finder here to find out which exchange has the best cryptocurrency exchange site for you.

Good luck!

Chilebit.net compared with other cryptocurrency exchanges
Cryptowisser – Your Trading Cryptocurrency Guide