Bitcoiva provides 280+ digital assets available for trading with some of them offered for staking.
The APY on staking with this exchange goes up to 60% in 360-day periods on 16 coins/tokens [BCA, BTC, ADA, SHIB, SOL, and so on].
Bitcoiva Exchange Information & Regulation
Bitcoiva is a cryptocurrency exchange founded in June 2020 by Aries Wang, located in 62 marina business center, Boulevard de la corniche, Casablanca 20250, Morocco.
Operated by HYPERUX TECHNOLOGIES PRIVATE LIMITED, Bitcoiva has amassed an impressive user base of over 1 million registered users.
Similar to most other crypto exchanges in the industry, the company is not regulated by any financial authorities.
Bitcoiva Features and Specifications
Here's a summary of the key features that Bitcoiva operates based on:
Exchange | Bitcoiva |
Launch Date | 2020 |
Levels | N/A |
Trading Fees | 0.2% - 0.4% |
Restricted Countries | Iran, North Korea, Cuba, United States, etc. |
Supported Coins | 280+ |
Futures Trading | No |
Minimum Deposit | 0.0001 BTC |
Deposit Methods | Bank Transfers, E-Payments, Crypto |
Withdrawal Methods | Bank Transfers, E-Payments, Crypto |
Maximum Leverage | 1x |
Minimum Trade Amount | From Zero |
Security Factors | 2FA, Cold Wallets, Omnitrix, Security Audits, Bug Bounty |
Services | Staking, Instant Swap, BCA Club, Calculator |
Customer Support Ways | Email, Phone Call, Ticket |
Customer Support Hours | 24/7 |
Fiat Deposit | INR |
Affiliate Program | Yes |
Orders Execution | N/A |
Native Token | BCA |
Noteworthy Benefits and Drawbacks
The significant pros and cons of using Bitcoiva are listed in the table below:
Benefits | Drawbacks |
Wide Range of Cryptocurrencies (280+) | No Futures/Margin Trading |
Strong Security Measures | No Copy Trading Option |
Fair Trading Fees | - |
User Levels Model
There is no indication that Bitcoiva employs user-level tiers or loyalty rewards based on trading volume. All users appear to access the same trading conditions, suggesting a flat-fee environment without VIP incentives.
Commissions and Fees
The company does not have a discount system for traders with high volumes or asset balances. Bitcoiva fee structure:
- Trading Fees: 0.2% - 0.4%
- Fiat Transaction Fees: 10 INR
Crypto withdrawal fees vary based on the blockchain network; for example, Bitcoin withdrawals incur a 0.0008 BTC fee.
How Many Digital Assets Are Available for Trading?
Bitcoiva offers access to a broad range of over 280 cryptocurrencies, including more than two-thirds of the top 30 tokens by market cap. Major coins such as BTC, ETH, USDT, BNB, and XRP are actively traded, alongside emerging assets like PEPE, HYPE, and USDe.
- Bitcoin [BTC]
- Ethereum [ETH]
- Binance Coin [BNB]
- Cardano [ADA]
- Ripple [XRP]
- Stellar [XLM]
- Dogecoin [DOGE]
- Chiliz [CHZ]
This range enables traders to diversify across leading assets and niche tokens within one unified platform.
Futures/Margin Trading Options
Currently, Bitcoiva does not offer futures or margin trading services. The platform focuses on spot trading, instant swaps, P2P transactions, and OTC trading.
Signing Up And Identity Authorization On Bitcoiva
We will guide you through the registration and verification processes on the exchange.
#1 Visit the Bitcoiva Website
Visit the official website and click on the "Register" button to reach the application form.
#2 Complete the Registration Form
Fill out the application form with the following information:
- Username
- Password
- Phone number
Click on the activation link sent to your email and activate your account.
Now, your account is created on the platform, and you can log in with your credentials.
#3 Bitcoiva Verification
Access the exchange client area, complete your profile with additional personal details, and then upload the required documents to pass the KYC, including:
- Aadhar front and back
- PAN Card
- Selfie with any one of your Aadhar or PAN card in your hand
Trading Platform and Software
Similar to most other crypto exchanges, Bitcoiva offers a proprietary trading platform with everything necessary for trading digital assets, including analytical tools, technical indicators, etc. Access it through these links:
The platform’s mobile interface mirrors the desktop version, providing instant exchange, trading charts, and wallet functionality directly from a smartphone.
Security Factors and Measurements
Bitcoiva implements robust security measures, including the use of industry-standard crypto wallets and multilayer infrastructure to protect against hacking attempts.
While no specific protocols (like 2FA or cold storage ratios) are mentioned, the platform emphasizes a commitment to safeguarding user funds and data.
- Two-Factor Authentication (2FA)
- 98% of funds stored in cold wallets
- Robust firewall systems
- Proprietary Omnitrix security protocol
- Regular security audits by internal and external experts
- Hot wallet transactions signed across multiple cloud platforms
- Bug bounty program to identify and fix vulnerabilities
What Payment Options Are Provided?
Bitcoiva supports fiat deposits/withdrawals, accepting INR via several payment methods, such as:
- IMPS
- NEFT
- RTGS
- UPI
- And so on
Although Bitcoiva does not disclose a fixed minimum purchase threshold, the exchange facilitates low-entry investments by supporting micro deposits starting from 10 INR. Furthermore, crypto payments are supported by this platform.
Trust Scores and Evaluations
Bitcoiva Trustpilot score and ScamAdviser show a generally positive level of reviews from users:
- Trustpilot: 3.7/5 stars (based on 10+ reviews)
- ScamAdviser: 100/100 Trustscore, 4.2/5 user rating (out of 15+ reviews)
Although the number of user scores is too low, Trustscore given by the latter indicates a good level of reliability.
Bitcoiva Features
While Bitcoiva doesn't offer copy trading services, it supports crypto staking.
Staking | Yes |
Yield Farming | Yes |
Social Trading | No |
Liquidity Pool | Yes |
Crypto Cards | No |
Support Contacts And Schedule
Bitcoiva offers 3 common channels for customer support:
- Email: support@bitcoiva.com
- Ticket: In "Get In Touch" section
- Phone: 1800 2023 677
Unlike most similar companies, Bitcoiva does not provide access to any live chat option. As stated on the exchange's home page, the support agents are available 24/7.
Copy Trading And Other Earning Options on Bitcoiva
While the company doesn't offer crypto copy trading software, it provides access to a crypto staking service, which allows traders to earn passive income by staking their crypto assets. Key Features:
- APY up to 60%
- A fixed 360 days period for locking assets
- Varying minimum deposit for different tokens/coins
Bitcoiva Restricted Countries And Regions
Almost all crypto exchanges in the industry restrict some countries from accessing their services, and this is because of sanctions, local regulations, etc. Bitcoiva does not provide an explicit list, but these are likely the banned regions:
- Iran
- North Korea
- Afghanistan
- Iraq
- Syria
- Cuba
- China
- United States
- And so on
Bitcoiva vs Other Exchanges
To have a balanced view on Bitcoiva exchange, let's compare its services with three popular platforms:
Features | Bitcoiva Exchange | Binance Exchange | Bybit Exchange | |
Number of Assets | 280+ | 400+ | 1300+ | 2,800+ |
Maximum Leverage | 1:1 | 1:125 | 1:100 | 1:200 |
Minimum Deposit | 10 INR | $1 | Varies by Cryptocurrency | $1 |
Spot Maker Fee | 0.2% - 0.4% | 0.02% - 0.1% | 0.005% - 0.1% | 0.05% |
Spot Taker Fee | 0.2% - 0.4% | 0.04% - 0.1% | 0.015% - 0.1% | 0.05% |
Mandatory KYC | Yes | Yes | Yes | Yes |
Futures Trading | No | Yes | Yes | Yes |
Mobile Application | Yes | Yes | Yes | Yes |
Fiat Payment | Yes | Yes | Yes | Yes |
Staking | Yes | Yes | Yes | Yes |
Copy Trading | No | Yes | Yes | Yes |
Writer's Opinion And Conclusion
Bitcoiva charges at least 0.2% fee on trading in "Exchange" section of the platform.
However, this exchange with a 100/100 Trustscore on ScamAdviser enables free Instant Swaps for its users. The minimum deposit starts from 0.0001 BTC on Bitcoiva platform.