bit24 exchange introduction: The idea of starting the bit24 exchange was first formed in the summer of 2019 at the University of Tehran, and in November of the same year, by attracting students and thinkers in the field of cryptocurrencies from the academic environment, this idea reached the implementation stage and Pouya Prdazesh Company was established, the digital currency exchange bit24, which is a knowledge-based exchange, is the product of this company.
According to Iran digital economy annotation, bit24 is a system for buying and selling digital currencies such as Bitcoin, Ethereum, Ripple, Litecoin, Bitcoin Cash, Tether and other digital currencies with the common currency of Iran (Rial), which aims to eliminate middlemen, making it easy and safe to buy and sell, as well as the possibility It creates 24-hour buying and selling for subscribers. Low fees, support for more than 400 currencies and secure buying and selling system are the advantages of this Iranian digital currency exchange.
bit24 exchange introduction: Checking the main features
We know that in order to choose an online digital currency exchange, we must consider some of our desired features, including security, fee amount, volume of transactions, variety of currencies, duration of transactions and settlement, support, etc. In this section, we will examine some of the main criteria for identifying a valid digital currency exchange in the bit24 exchange:
bit24 exchange security
bit24 has a dedicated and localized wallet for users, and this lack of dependence has made sanctions and restrictions imposed by global exchanges on the wallets of bit24 users ineffective.
In order to improve the security of users’ accounts, bit24 has added the ability to confirm login with SMS, email and Google Authenticator (2FA).
It should be noted that since the establishment of this exchange, no reports of fraud, money laundering, hacking, etc. have been registered.
bit24 exchange fees
This exchange, which is a store exchange, claims that it does not charge a fee for transactions, and in fact, the fee received is zero percent. So the question may arise, where does the income of this exchange come from?
To answer this question, we can say that the income of bit24 exchange is obtained from the difference between the selling price and the buying price of currencies. Usually, it is not common to receive a fee in store exchanges, and the profit of these exchanges is often in the price difference between buying and selling.
bit24 authentication process
Users have the possibility to deposit rials, buy foreign currency and sell foreign currency in bit24’s dedicated wallet without authentication. The duration of the account activation process after uploading the authentication image is a maximum of 30 minutes. Usually, after registering on the site, in less than 10 minutes, a call will be made to the number you entered when registering on the site to confirm your identity and also give explanations about the security matters to the user.
Support process in bit24 exchange
The support of bit24 exchange is 24 hours a day and through online chat and ticket, it is responsive to the users of this exchange. Also, users can call 02191070394 on Saturdays to Thursdays from 8:00 AM to 4:00 PM. In addition to the mentioned ways of communication, users can contact this exchange via email [email protected].
Other notable features of bit24 exchange
After reviewing some important factors about the bit24 exchange, in this section we will discuss other good features of this exchange:
– High speed of transfer and transactions
– Secure and exclusive wallet for cryptocurrencies
– High currency diversity
– Fast authentication
– High response speed of online support
– Being knowledge-based
– Creating educational content for users
In this part of the introduction of Iranian digital currency exchanges, we introduced the bit24 exchange and examined the advantages, disadvantages, and other essential features for trusting and choosing an online exchange.
To compare Iranian digital currency exchanges and to know which one you should choose to start financial activity and buy and sell cryptocurrency, stay with us.