Bitazza

AspectDetails
broker popularity top broker high popularity best reviews benchmark
Leverage 1:400
Minimum Deposit$1
Year Established2019
RegulationRegulated and approved by the Thai Ministry of Finance, under SEC observation
Payment methodsPaypal, Master Card, Sitcom bank, Wire Transfer
Publicly Traded
Employees51-200
Type of BrokerDigital Asset Broke
MT4
MT5
Trading AssetsBitcoin (BTC), Ether (ETH), Ripple (XRP), Stellar (XLM), Tether (USDT)
Demo Account
Islamic Account
CopyTrading
Signals
Deposit Fee
Withdrawal Fee
Rating★★★ 3.4
Offers Official Website

Alternative Brokers

Pros and Cons

Pros
  • First broker in Thailand offering USDT trading pairs.
  • Beautiful and intuitive UI/UX.
  • BTZ utility token with diverse use cases.
Cons
  • Limited trading pairs (though more are expected).
  • Mobile application still under development.

Introduction

In the dynamic landscape of digital assets, Bitazza stands as a beacon of innovation, reshaping the traditional paradigms of cryptocurrency trading.

Established as a digital asset broker, the broker brings a unique approach to the market by seamlessly broadcasting user orders to a diverse array of exchanges, both domestic and international.

This distinctive strategy enhances transaction safety and optimizes pricing and liquidity, positioning it at the forefront of the rapidly evolving cryptocurrency ecosystem.

Bitazza’s inception was marked by a significant milestone when it received approval from the Thai Ministry of Finance in May 2019.

Since its operational commencement in December of the same year, the broker has remained committed to adhering to Thailand’s stringent digital asset regulations, operating under the watchful guidance of the SEC.

This regulatory compliance underscores its commitment to transparency and provides users with a secure and regulated environment for their investments.

As we delve into the multifaceted offerings of the broker, it becomes evident that the platform extends beyond being a mere trading venue.

The broker aspires to be a comprehensive gateway, allowing Thai citizens to seamlessly access the global digital asset space through collaborations with leading exchanges.

This vision positions this Exchange not just as a transactional platform, but as a catalyst for individuals to explore the borderless and vibrant world of digital assets, replete with opportunities waiting to be discovered.

In this article, we embark on a journey through the exchanges’ user-friendly interface, diverse cryptocurrency portfolio, proprietary utility token “BTZ,” exclusive deals, and its role as a gateway to the borderless world of digital assets.

As we navigate the intricacies of Bitazza’s ecosystem, we unravel the advantages it offers to both novice and seasoned cryptocurrency enthusiasts.

Bitazza not only represents a secure and compliant platform, but also an innovative force that continues to shape the landscape of digital asset trading.

Sign up Bitazza

Regulatory Compliance and Safety

Fully compliant with Thailand’s stringent digital asset regulations, the broker received approval from the Thai Ministry of Finance in May 2019, marking the commencement of its operations in December of the same year.

Under the watchful guidance of the SEC, the broker provides investors with a secure haven, ensuring that their investments and digital assets are afforded the highest levels of protection.

Trading Platform

Intuitive Website and Friendly UI/UX

The website design is clean and sophisticated, offering a user-friendly interface.

The buy and sell order functions are sleek and intuitive, making it easy for users to navigate.

The Know-Your-Customer (KYC) process is quick and straightforward, even for inexperienced users.

Fast Deposit & Withdrawal – Simple Buy & Sell Process

The broker ensures swift fiat deposit and withdrawal processes, with minimal waiting times. A 20 THB withdrawal fee applies, with no minimum deposit limit.

The platform’s commitment to security includes collaboration with renowned cold wallet service providers and a substantial insurance fund.

Big Name Cryptos are Listed with THB and USDT Trading Pairs

The broker offers prominent cryptocurrencies such as Bitcoin (BTC), Ether (ETH), Ripple (XRP), and Stellar (XLM).

Notably, it is the first operator in Thailand to offer Tether (USDT) as base trading pairs, simplifying the process for seasoned traders.

Available Instruments

While not classified as an exchange, It provides substantial liquidity, rivaling traditional exchanges.

User orders are broadcasted to multiple exchanges, ensuring optimal execution in terms of price, quantity, and speed.

Invest in Crypto: Try Bitazza

Account Types and Minimum Deposits

Bitazza’s account approval process is expedited, allowing users to start trading promptly after submitting KYC information.

There is no minimum limit for deposits, ensuring accessibility for a diverse range of users.

Fees and Spreads

The broker prioritizes transparency in its fee structure.

Notably, the platform has waived fees for every trade until May 2, 2020.

Trading fees can be further reduced by utilizing Bitazza’s proprietary utility token “BTZ.”

Leverage and Margin

Bitazza’s focus on security extends to its leverage and margin policies, providing a secure trading environment.

The platform aims to offer a range of options, although details are not provided in the current data.

Deposit and Withdrawal Methods

The broker facilitates near-instant fiat deposit and withdrawal methods.

Users can choose from many payment options, making the process convenient and efficient.

More information about Bitazza fees

Customer Support

Users experiencing difficulties can engage directly with Bitazza’s support team through the chat feature on the website.

This ensures timely assistance and enhances the overall user experience.

Educational Resources

Bitazza offers trading services and serves as an educational hub through its Content Hub.

The platform aims to keep users well-informed about the dynamic world of digital assets.

Trading Tools and Indicators

Details about specific trading tools and indicators are not explicitly mentioned in the provided data.

However, Bitazza’s commitment to user-friendly interfaces suggests a focus on providing effective trading tools.

Trading Community and Social Features

Bitazza’s plans to allow Thai citizens to access the global digital asset space through collaborations indicate a potential for community engagement and social features.

However, specific figures are not provided in the current data.

Sign up Bitazza

Conclusion

In conclusion, the broker stands as a robust digital asset brokerage platform that not only adheres to regulatory standards, but also pioneers innovation within the cryptocurrency landscape.

With its intuitive interface, diverse range of cryptocurrencies, and the introduction of the proprietary utility token “BTZ,” Bitazza caters to a broad spectrum of users, from beginners to seasoned traders.

The platform’s emphasis on transparency, as evidenced by fee waivers and reduction programs, adds an extra layer of appeal.

Bitazza’s commitment to security and compliance, coupled with its collaboration with renowned service providers, ensures that users’ investments and digital assets are afforded the utmost protection.

The platform’s swift deposit and withdrawal processes contribute to a seamless trading experience, reflecting its dedication to user convenience.

As the broker positions itself as a gateway for Thai citizens to access the global digital asset space, the potential for community engagement and social features becomes apparent.

The platform’s educational initiatives, including the Content Hub, further solidify its role not only as a trading platform but also as a knowledge hub for users.

While the current data provides a glimpse into Bitazza’s strengths, it also hints at areas for potential growth, such as the development of additional trading tools and indicators.

As the broker evolves and expands its services, it emerges as a compelling option for those seeking a reliable and innovative partner in navigating the dynamic world of digital assets.

Whether one is a novice or an experienced trader, its multifaceted offerings and commitment to excellence make it a noteworthy player in the cryptocurrency space.

FAQ – Frequently Asked Questions

Is it a regulated digital asset broker?
Yes, Bitazza is fully regulated and approved by the Thai Ministry of Finance, operating under close observation from the SEC.
What cryptocurrencies are available for trading?
Bitazza currently offers Bitcoin (BTC), Ether (ETH), Ripple (XRP), and Stellar (XLM), with Tether (USDT) as base trading pairs.
How fast is the KYC process?
The Know-Your-Customer (KYC) process on Bitazza is quick and easy, enabling users to start trading promptly after submitting their information.
What is the withdrawal fee?
There is a 20 THB withdrawal fee on Bitazza, with no minimum limit for deposits.
Does Bitazza provide leverage for trading?
The leverage and margin details are not explicitly mentioned in the current data, and users are encouraged to check the platform for the latest information.
How can users contact its customer support?
Users can directly chat with Bitazza’s support team by clicking on the floating button in the lower right-hand corner of the website.
What is the BTZ token, and how can it be used?
BTZ is Bitazza’s proprietary utility token, offering benefits such as reduced trading fees, referral bonuses, and the ability to vote on platform changes.
Are there any ongoing promotions or fee waivers?
Yes, Bitazza has temporarily waived fees for every trade until May 2, 2020. Users can also enjoy reduced fees by using the BTZ token.
Does Bitazza have a mobile application?
While the data does not provide information on a mobile application, users are encouraged to check for updates on the development of a mobile app.
What educational resources does it offer?
Bitazza serves as an educational hub with its Content Hub, providing users with valuable information to stay well-informed about the world of digital assets.

Resources

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Article written, edited and reviewed by

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Last updated: April 11, 2024