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Although newly launched recently, the Bvnex trading floor has also gained a lot of buzz from the community, gaining certain trust from Vietnamese traders.
So what does Bvnex have? Does the floor have new features to retain traders? Let me find out in the following article!
Is a cryptocurrency exchange based in Ho Chi Minh, Vietnam. The exchange was launched in 2019 with a team of experts from Vietnam, China, Germany ...
The exchange supports major trading markets with VND, USDT, BTC and about 11 other tokens.
Easy to use interface
Bvnex floor has a quite friendly and simple interface. There is Vietnamese support for you to trade better.
Large draw limit
If not KYC, you can withdraw 1 BTC. When you complete the verification level, you can withdraw up to 100 BTC and there is no withdrawal limit with cash.
The exchange supports a variety of support approaches, especially Vietnamese traders. If there is a problem, it is best that you ask at the telegram community of Bvnex.
Little information website
Bvnex trading floor does not have a white paper and information introducing about the specific floor.
Trading volume of the floor is still relatively low, so when trading time matching order is also longer.
At the homepage, you just need to pay attention to:
At the transaction interface:
To save time to register and quickly switch to the trading step immediately, you need to prepare:
Brothers access the link http://coin98.net/go/bvnex to go to the account registration page.
Fill in the information, including: Email, password, confirm password and enter referral code (if any).
Then, click Register, drag and drop the image to verify Capcha code.
Another verification code will be sent to your email, copy the string and paste it into the box to complete the registration.
If your account has not KYC, you can withdraw 1 BTC / day. To increase the withdrawal limit, you need to perform the KYC identity verification operation.
To verify KYC, go to Account → KYC.
Next, fill out the information, including:
In the next step, take and upload photos of the front, back and selfie photos with ID in case you choose ID. The KYC brothers by passport do the same thing.
Click send to verify and wait for the floor to confirm the information.
note: KYC time of Bnvex floor is usually 2 working days.
Maybe you are interested in: What are KYC and AML? How to make KYC successful?
This is a fast, simple but very useful security operation. I always advise you to enable this feature if the exchange supports it.
note: Please save the 16 characters private key for backup in the unlikely event.
Also in the same account interface, you select "Activate now" in the Google Authenticator Code section.
Brothers open the application Google Authenticator In the phone and scan the QR code, then enter the code into the box.
Useful articles for you: What is Google Authenticator? Complete guide to Google Authenticator
Bvnex exchange only supports Vietcombank when transferring money to the floor.
To transfer money to the trading floor, you choose to go to the balance site → find to VNDT. Click deposit and enter the amount to transfer.
Next step, enter the amount to be transferred and click "send".
note: You need KYC before you can deposit VND into the exchange.
On Bvnex, you can buy BTC with Crypto as well as buy BTC directly in VND. And the transaction is quite similar.
Here I will guide you how to buy and sell BTC:
note: You need to make a deposit to the trading floor.
A BTC sale is similar to a BTC purchase.
You enter the price BTC wants to sell and the amount. Then press the Sell BTC button.
You can adjust the purchase percentage by selecting the percentage currently displayed in the transaction.
The process of buying and selling is quite simple, right?
Deposit Crypto into Bvnex trading floor
The way to transfer Bitcoin and Altcoins is the same, so I will show you how to load Bitcoin into the floor.
You copy the address of Bvnex wallet, then perform the coin transfer operation at the exchange you are storing coins as usual.
Wait for the authentication time and receive a message to announce the successful deposit of BTC!
Withdraw Crypto from Bvnex Market
Click on the balance then find the Crypto you want to withdraw from Bvnex and then click Withdraw.
You enter the BTC address you want to withdraw and enter the number of BTC. Click Submit is complete.
Currently, the Bvnex exchange does not support margin trading (margin trading). To experience this feature, you can try trading on Binance, Bitmex ...
Maybe you are interested in: What is Margin Trading? Should newbies use Margin Trading?
Bvnex trading floor has no stop-limit order.
To use the API, you need to complete KYC verification.
API Key help you can make transactions without direct access to the floor.
Maybe you are interested in: What is API Key? What to note when using the API to trade coin?
You go to the contest page of Bvnex to get a referral link (Referral Link).
If you have saved 12 characters private key for back-up, you can easily handle the loss of 2FA.
However, if unfortunately not saved, you should contact the support of the floor immediately by:
How 1: Contact the admin on the Bvnex Vietnam community at the link https://t.me/Bvnex_Vietnam
How 2: Contact support via chatbox help on the website's interface.
How 3: Send email to Bvnex trading floor [Email protected].
How 4: Submit your request using the form available on Bvnex trading floor via this link: https://bvnex.zendesk.com/hc/vi-vn/requests/new
In my opinion, the fastest and most convenient way is to direct the admin of the exchange and discuss your issues. If you cannot contact the admin, you can try the remaining methods.
Although Bvnex trading floor is quite new in Vietnam market, it has many cooperation with big exchanges such as Binance floor to list BNB for Vietnamese brothers to transact and buy directly BNB in VND.
Besides, you can both trade Crypto with Crypto as well as Crypto with VND on this exchange. And the Vietnamese support team can help you solve problems when unfortunately encountered.
In your opinion, you can experience the trial before deciding to stick with a fixed floor.
Maybe you are interested in: What is Binance? A comprehensive handbook on Binance AZ Floor
Since its launch, Bvnex has not had any errors or hacks.
Bvnex is constantly developing, cooperating with many projects to bring more trading experience to you in Vietnam and international markets.
Bvnex trading platform charges:
So far there is no information about the Bvnex floor being hacked.
Bvnex trading floor does not charge to add coins to the exchange. However, the withdrawal fee of Bvnex exchange depends on each coin.
You can refer to the fee table below:
Bvnex exchange is a Vietnamese cryptocurrency exchange founded by a team of Vietnamese and Chinese experts. The exchange is based in Ho Chi Minh, Vietnam.
Currently, the floor of Bvnex has not had a floor coin yet. But in the near future, it is sure that the exchange will issue its own tokens and offer incentives for users.
You can withdraw coins without KYC. But the withdrawal level is limited. To withdraw more, you should KYC to be more convenient in trading.
100% yes! Bvnex exchange focuses on Vietnam's Crypto trading market.
Bvnex trading floor has the minimum withdrawal limit for VNDT of 100,000 VND. As for the token, you need to withdraw more than the Blockchain transaction fee of that token.
As I mentioned above, depending on the level of information verification, the withdrawal limit is also different as the table below:
Currently the floor has launched applications on the iOS operating system. You can scan the QR code below to download the installation.
Currently, the Bvnex exchange only supports limit orders, allowing you to buy and sell at the specific price and quantity you want to buy / sell.
The floor is slowly developing and expanding into different markets. Market order will be available on Bvnex shortly.
Although newly launched, Bvnex trading floor is quite active, regularly holds trading contests and offers many valuable prizes to traders.
Especially, the program of cooperating with famous projects like Binance to list Binance Coin on the floor creates the most favorable conditions for traders to buy BNB directly in VND.
In the future, Bvnex promises to have more development campaigns. Let's wait and see what updates Bvnex will have next?
Hope this article can help you. If you have any questions, don't hesitate to comment below. Me and the team Coin98 will answer to you in the shortest time.
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