Azbit

Azbit Review

Azbit Highlights

Established in 2018, Azbit crypto exchange is truly one of the big names in the crypto game. They offer their clients an opportunity to trade in more than 100 cryptocurrencies, invest in prospective projects with Launchpad, or become a part of the excellent affiliate program.

Azbit also has its digital currency AZ Token. Azbit Exchange created a decentralized digital asset based on the BEP20 chain, offering lower fees and weekly crypto burns.

Check out our Azbit review and find out if this is the perfect exchange platform for you!

Some of the special features that Azbit offers:

• Over 100 Cryptocurrencies available
• Trading section with elaborate insights
• AZ Token
• Affiliate Program
• Crypto2Cloud
• Investing opportunities with Launchpad
• Staking feature

What is Azbit?

Azbit is an exchange platform where users can trade in cryptocurrency and find new opportunities for investing in the digital space. Before we get into the features of this crypto-exchange platform in our Azbit exchange review, let’s talk about Azbit as a company.

This fintech business has more than 5 years of experience in crypto trading and over half a million clients worldwide. Developed by Azbit Limited, it continues to be a benchmark in the blockchain world, with a daily volume of over $100 million.

There are over 100 cryptocurrencies you can find on this trading platform, including the biggest ones, such as LTC, BTC, ETH, and BNB. Azbit also keeps your crypto assets secure, employing KYC and two-factor verification to maximize the protection of users.

Furthermore, Azbit provides multiple opportunities for you to earn, having multiple investing and staking features.

How to Open an Account at Azbit?

• Step 1: Open up the Azbit website or the Azbit Exchange app and find the sign-up button in the top right corner.
• Step 2: The registration window pops up and asks you to enter your email address and choose a unique password (needs to have at least 8 characters, including uppercase, lowercase, number, and special symbols). You will also have to check the box acknowledging the terms and conditions.
• Step 3: Azbit sends out the verification link to the email address you provided. You need to log in to your email account, find the email from Azbit, and click on the verification button to activate your account.
• Step 4: Navigate back to the login page and enter your account. Once Azbit verifies you through the KYC and 2FA processes, you will be able to enjoy all the features of the exchange, including depositing crypto and making trades!

Registering with Azbit is a simple process that takes mere minutes to complete, and all you have to have is a valid email address. Follow the laid-out steps to get your Azbit account set up in no time!

Security: Is Azbit Safe?

Azbit is a safe exchange platform that puts a lot of emphasis on keeping you safe and secure while using its trading services. In addition to the already secure encryption system that accompanies cryptocurrencies, this exchange has established KYC and 2FA processes that make sure the users are verified and protect people from fraud and bot scams.

Azbit takes pride in offering security that is among the best in the business and claims they have 100% of reserves verified through audit. Although we haven’t found concrete proof that this is entirely the case, it is clear they have large efforts in the security department. It operates in the majority of nations in the world and is dedicated to always abiding by local regulations.

What Are Azbit Features?

Azbit has multiple features that make it such an intriguing option, including:

• Investing platform –

Launchpad

,
• Affiliate program,
• Crypto staking,
• Azbit token – its own digital currency.

In this section, we will explain these features in more detail.

Azbit’s User-friendly Trading View

Before we get into the more unique features, it is important that we examine the main part of an exchange website. The trading view on the Azbit exchange acts as a thorough dashboard, providing real-time insights into the price movements of numerous digital assets. There is a social feature of the trading view, which gives you the ability to chat with the members of the Azbit community. While you trade, you can also see the most recent Tweets from the Azbit team, which can be quite informative.

Users of the chart have the option to trade in numerous trading pairs, as the Azbit coin selection is quite vast. There are more than 60 trading pairs for BTC, BNB, and ETH. You also have access to an order history area that is located next to the price chart, where you can view details of earlier cryptocurrency transactions. This abundance of features provides traders with a robust set of tools to make informed decisions, all within a single, user-friendly interface.

What is Azbit’s Launchpad?

Azbit’s Launchpad serves as a crucial springboard for developing projects in the rapidly expanding world of decentralized finance (DeFi). As more and more innovative crypto projects enter the market, the Launchpad offers them an invaluable platform for raising initial funds and gaining early market exposure.

Beyond mere fundraising, Azbit’s Launchpad provides an array of services to these nascent projects:

• marketing assistance,
• technical support
• community-building efforts

It ensures a holistic approach to project development and launch. For investors, the platform presents a curated selection of promising DeFi projects, acting as a bridge to facilitate easier connections and collaborations with these new ventures.

Affiliate Program

The Azbit Affiliate Program presents an alluring chance for you to monetize your influence by endorsing one of the market’s most cutting-edge and safe crypto exchanges to its audience.

Affiliates who sign up for the program can receive commissions on purchases made by users who use their referral links. Earning potential for affiliates is further increased by the attractive commission rates on offer: 30% lifetime recurring commissions on exchange.

The program has three levels, which are determined by the monthly turnover of referred clients:

• Basic Partner: Monthly volume up to 1 BTC
• Expert partner: Monthly volume from 1 to 5 BTC
• VIP partner: Monthly volume of 5+ BTC

Additionally, Azbit offers a multitude of marketing resources, such as banners, social media postings, and more, to assist you in generating visitors.

Azbit’s Staking Feature

Your patience can be heavily rewarded at Azbit with its amazing staking options. The staking feature at Azbit’s cryptocurrency exchange enables you to safely store your cryptocurrency for a set period to support blockchain operations. You have the chance to gain more cryptocurrency as a reward by doing this. The transactions while staking go through block validation, as they are approved by both PoW (Proof of Work) and PoS (Proof of Stake) blockchains.

Staking ensures that only legitimate data and transactions are added, which is essential for maintaining the blockchain’s integrity. Participants are willing to stake their digital currency as a guarantee or kind of collateral to confirm new transactions. Even those without expertise in the subject may typically access the process because it is simple. Azbit stands out for its turn-key service; the exchange handles all the staking-related issues on your behalf.

AZ Token

The BEP20 blockchain-based AZ Token, created by Azbit Exchange, serves as the decentralized digital asset that represents equity within the Azbit community. As the sole platform token, AZ Token plays a crucial part in bringing together internal teams, partners, and communities, serving as the ecosystem’s main building block.

Azbit is dedicated to increasing the intrinsic value of the token and uses tactics like weekly token burns and fee reductions for holders. With weekly burns, tokens are removed from the total supply to increase their value. These measures are intended to increase demand and scarcity, increasing the financial rewards for people who own and use AZ Token.

What Are Azbit Fees?

The platform has spot trading fees of 0.20% for both makers and takers, while the derivative trading fees are also 0.20%. These are quite competitive, as other exchange platforms usually have higher fees.

What we really liked about the Azbit exchange is the way they present the fees in a transparent and user-friendly way. You can find a table that shows the minimum deposits, withdrawals, and deposit fees for each of the cryptocurrencies present on the Azbit platform. These fees vary depending on which currency you pick, so it is best to familiarize yourself with the ones you want to trade in.

Here is a table showing the fees for the most popular crypto options:

Azbit Customer Support - Which Options Do They Offer?

You can reach out to the customer service team through the email address or Telegram chat if you encounter any issues on the platform. The live chat is available 24/7, so you can always expect a timely response. While scouring the website for this Azbit review, we found that there is no separate section for customer service and that you have to scroll down to the bottom of the page to find the customer support options.

Customer Reviews - What Do Customers Say About Azbit?

We found a mixed bag of customer reviews that highlight both the good and bad sides of Azbit. The positive comments suggest that Azbit is a reliable exchange platform with reasonable withdrawal fees. They also praise the system for staking USDT, BTC, and ETH.

However, some previous customers complained about the low liquidity and the fact that the purchase of cryptocurrencies is done through a third-party platform. While these inputs are informational, remember that each individual has their own experience with the platform, and you should always base your decisions on your own experience first.

For example, Azbit’s average liquidity is a bit over 600, which is above average for a crypto exchange. Therefore, you should be wary of customer reviews as they don’t always give the full context. Still, when ranking Azbit Exchange among crypto exchange platforms, it is important to consider the experiences of previous users.

Final Thoughts: Is Azbit Worth It?

Azbit is the right choice for you if you prefer experienced exchange platforms with a variety of features available. Established in 2018, Azbit has emerged as a formidable player in the crypto exchange landscape.

With a robust offering that spans more than 100 cryptocurrencies, trading insights via its comprehensive Trading View, and value-added features like its own AZ Token, Affiliate Program, and Launchpad for DeFi projects, Azbit delivers expansive crypto trading for both inexperienced and veteran traders.

No need to worry if you are a first-time trader; Azbit offers a turnkey service to its users. Given Azbit’s large client base, daily trading volume of over $100 million, and its commitment to security and regulatory compliance, it holds its own as a comprehensive and reliable platform.

FAQ

Is Azbit exchange Legit?

Azbit is a legit crypto-trading platform with over half a million registered clients and 5 years of experience in the industry.

How much does Azbit charge for fees?

There are several fees that Azbit imposes. While the withdrawal fees depend on the chosen cryptocurrency, the spot trading fees and derivative trading fees are 0.20%.

Is Azbit Safe?

Yes, as laid out in this Azbit review, it is a trusted platform that employs strict security policies and has KYC and 2FA processes to ensure it is fraud-free.