Azbit offers Spot trading services on 150+ trading pairs with USDT, USDC, BTC, ETH, and BNB as base currencies. The exchange also offers a staking program with a minimum deposit requirement of $100 and up to 45% annual yield.
Is Azbit a Regulated Exchange?
Seychelles-registered AZ Markets Limited has gained 561,546 registered users since its launch on February 01, 2018. The website has 2M+ monthly visitors and is ranked among the top 50 exchanges. Key features of Azbit:
- Advised by Bitcoin.com founder Roger Ver;
- Android / iOS application;
- An exclusive Visa debit card.
Azbit Specific Details
A to Z Crypto exchange has partnered with some of the most reputable projects, such as BitcoinCash, Coinspeaker, TradingView, and Bloxy. Let’s take a closer look at Azbit’s offerings.
Exchange | Azbit |
Launch Date | 2018 |
Levels | None |
Trading Fees | Variable based on the token |
Restricted Countries | Puerto Rico, Palestinian Territory, Occupied, Libyan Arab Jamahiriya, Myanmar, United States, United States Minor Outlying Islands, Uzbekistan, Venezuela, Virgin Islands, Yemen, Singapore, Somalia, Sudan, Syrian Arab Republic, Canada, Cuba, Afghanistan, Belarus, Hong Kong, Iran, North Korea, Guam |
Supported Coins | 110+ |
Futures Trading | No |
Minimum Deposit | None |
Deposit Methods | Crypto, Fiat |
Withdrawal Methods | Crypto, Fiat |
Maximum Leverage | 1:1 |
Minimum Trade Size | None |
Security Factors | N/A |
Services | Affiliate, Earn services, Azbit Card |
Customer Support Ways | Email, Telegram Group |
Customer Support Hours | 24/7 |
Fiat Deposit | Yes |
Affiliate Program | Yes |
Orders Execution | N/A |
Native Token | AZ |
Azbit User Levels
Crypto exchanges usually allocate various levels to users with different ranges of trading volume or holdings of the platform’s native token. The higher your level, the more perks you receive, including reduced trading fees and exclusive features.
Note that Azbit doesn’t offer any user levels to reward clients’ activities. However, it puts certain restrictions on unverified accounts, which we will discuss later on in this Azbit exchange review.
Azbit Fees and Commissions
The company prides itself on offering competitive rates. The fee structure mainly consists of Spot trading and withdrawal commissions. Note that deposits are free of charge.
Trading fees vary based on the asset you’re trading. In the table below, we’ve gathered the associated charges for trading the most popular cryptocurrencies on Azbit.
Token | Buy | Sell |
AAVE | 0% | 0% |
BCH | 0.2% | 0.2% |
BTC | 0.4% | 0.5% |
BNB | 0.5% | 0.5% |
DOGE | 0.4% | 0.4% |
ETH | 0.5% | 0.5% |
XRP | 0.5% | 0.5% |
Supported Tokens on Azbit Exchange
Azbit has successfully listed over 110+ cryptocurrency projects in the past seven years, including:
- Bitcoin (BTC);
- Ethereum (ETH);
- Solana (SOL);
- Dogecoin (DOGE);
- Tron (TRX);
- Binance Coin (BNB);
- Ripple (XRP).
Azbit Exchange Sign Up and Verification
A to Z Exchange has a simple and straightforward registration process followed by an optional KYC verification. Note that while the KYC procedure is not mandatory, unverified accounts will face certain restrictions regarding fiat deposits/withdrawals and maximum withdrawal amounts.
- Visit the official website at “https://azbit.com/”;
- Click “Join Now”;
- Provide your email address and set a strong password;
- Click the confirmation link sent by email;
- In your client area, navigate to Setting, Identity Verification;
- Fill out the personal information form;
- Provide proof of ID (passport or ID card), proof of address (utility bill or bank statement), and a selfie.
Azbit Security Measures
According to CoinTelegraph, crypto hacks in September 2024 surpassed $120M. The news shows the importance of security measures in exchanges. Azbit takes this matter seriously and implements various security factors, including:
- Proof of Reserve: 100% of users’ funds are held in warm and cold wallet reserves;
- Withdrawal Password: Set an 8-digit password used to confirm withdrawal requests;
- 2FA: Activate it by scanning the QR code in your client area and using the Google Authenticator;
- Anti-Phishing Code: A code that will be shown in all the messages sent by Azbit to prevent fraud.
Azbit Withdrawal / Deposit
While the exchange claims it supports Fiat transactions, the only available option in its dashboard is Crypto. Almost every listed coin on Azbit is available. Note that withdrawals come with fees and limitations, which are variable based on the selected asset.
Token | Network | Withdrawal Fee | Min Withdrawal |
BTC | BTC | 0.0002 BTC | 0.0002 BTC |
ETH | BASE | 0.001 ETH | 0.001 ETH |
USDT | SOL | 0.0 USDT | 0.0 USDT |
LTC | LTC | 0.01 LTC | 0.01 LTC |
DOGE | DOGE | 25.0 DOGE | 25.0 DOGE |
XRP | BNB | 0.0 XRP | 0.0 XRP |
BNB | BNB | 0.007 BNB | 0.0 BNB |
Azbit Exchange Trust Score
Unfortunately, we can’t give the company a good trust score in this Azbit exchange review due to low user satisfaction. However, you should note that A to Z Crypto Exchange has received a good rating from CoinGecko experts.
Reviews.io | 2.0 out of 5.0 based on 32 reviews |
CoinGecko | 8 out of 10 |
1.7 out of 5.0 based on 21 comments |
How to Reach Azbit Support?
The company offers 24/7 support through two main channels, including email and multiple telegram groups for different languages, such as Korean, Russian, Indonesian, and English.
support@azbit.com | |
Telegram (English) | https://t.me/azbit_com |
Telegram (Korean) | |
Telegram (Russian) | |
Telegram (Indonesian) |
Azbit Earn Program
Azbit exchange offers four main earning plans for crypto investors. Staking, holding the native token, Launchpad, and the affiliate program are your options to earn passive income.
- Staking: Receive interest on your locked assets, such as TELE, FRX, and ETCM;
- Launchpad: Invest in newly listed and prominent projects;
- AZ Token: Purchase the platform’s native currency and enjoy discounts on trading and listing fees;
- Affiliate: Earn up to 30% commission for referring new clients to the exchange.
Writer's Opinion and Conclusion
While Azbit gets a great score of 8/10 from CoinGecko experts, users don’t agree and has rated the platform as a bad exchange with a score of 1.7/5 on TrustPilot. The higher than average commission of buying and selling BTC, which is 0.4% and 0.5%, could be one of the reasons for the poor Azbit reviews.
