Bvox (Bitvenus) Review 2025

Bitvenus (BVOX) is a cryptocurrency exchange providing access to a leverage of up to 200x and 1-ms transactions.

The exchange charges a 0.1% fee for spot trading for more than 100 tradable coins/tokens. The customer services are provided via 2 channels on a 24/7 basis.

Company Specifications + Regulation

Bitvenus Technology Ltd is the company behind the BVOX (formerly branded as Bitvenus) cryptocurrency exchange. Based on the official website, this exchange was founded in June 2018. And is headquartered in Canada.

Regarding regulation, it claims to have obtained both US and Canada MSB licenses. More details about the company's registration and regulatory status are not readily available.

BVOX CEO

BVOX (formerly known as BitVenus) is led by Mark Jin, also referred to as Mark J., who serves as the Chief Executive Officer and Co-Founder of the platform.

According to official information released in 2024, Mark Jin has more than a decade of experience running successful Web 2.0 startups and has recently shifted his focus toward Web3 technologies and digital finance.

While public profiles such as LinkedIn or Crunchbase for him are not currently available, reputable industry sources like RootData and Gate.com list him as the CEO and Co-Founder of BVOX, confirming his leadership role within the company.

Summary of Key Features

Here's a quick overview of what the platform has to offer for traders. Table of Specifics:

Critical Advantages and Disadvantages

As with any cryptocurrency exchange, Bitvenus has its own collection of pros and cons. We will look into them in the table below:

Does Bitvenus Work Based on a User Leveling System?

Bitvenus employs atiered user level structure for users' KYC verification. The leveling system is based on withdrawal limits, explained in this table:

This setup ensures that users who wish to unlock higher transaction flexibility must complete identity verification, in line with compliance norms.

However, there is no fee discount structure tied to volume or KYC tier.

Bitvenus Exchange Commissions and Costs: Is It Affordable?

Many exchanges work with a system based on the trading volume for fees. BVOX does not take such measures but positions itself as a competitive option in terms of trading fees. Bitvenus Trading Fees:

These rates are indeed competitive when compared to industry standards. However, it's crucial to consider other potential costs such as deposit and withdrawal fees, which can vary depending on the cryptocurrency and blockchain network conditions.

The minimum deposit on BVOX is just 1 USDT, making it one of the most accessible exchanges for retail traders.

The same threshold applies to trading: users can place orders starting from as low as 1 USDT or its equivalent in other supported cryptocurrencies.

This low entry barrier makes the platform especially attractive for new users and micro-traders testing trading strategies with small balances.

Tradable Coins And Tokens

Bitvenus offers a diverse range of tradable cryptocurrencies and tokens, catering to various investor preferences.

While an exhaustive list is not provided, the exchange typically includes popular cryptocurrencies and emerging tokens. Here's what you can expect:

• Major Cryptocurrencies: Bitcoin [BTC], Ethereum [ETH], Ripple [XRP]
• Stablecoins: Tether [USDT]
• DeFi Tokens: Uniswap [UNI]
• Meme Coins: Dogecoin [DOGE], Shiba Inu [SHIB]

Overall, this platform provides over 100 coins and tokens for trading. While the platform does not currently offer NFTs, bonds, or derivatives like options, its coin coverage makes it suitable for altcoin traders, long-term investors, and futures speculators alike.

Futures And Margin Trading on Bitvenus

This exchange does offer futures markets, providing traders with opportunities for leveraged positions and more advanced trading strategies. Here are the key points about the futures market on Bitvenus:

• Offering perpetual futures contracts
• Leverage up to 200x is available, allowing traders to amplify their potential profits (and risks)
• The platform uses a mark price system to prevent market manipulation and ensure fair liquidation processes

Based on our investigations, this company does not offer margin trading as a stand-alone service.

Account Registration And Verification Guide

Bitvenus provides a secure gateway into digital asset trading. New users can register viaemail, phone, or Google login, with identity verification recommended for full platform access.

Account security and compliance with KYC regulations are emphasized for a smooth trading experience.

#1 Start the Registration

Visit the official Bitvenus site and click “Register”. Enter your email or phone number and set a strong password. You may also opt for Google authentication.

Bitvenus registration form asks for email address or phone number

#2 Confirm Your Email

Bitvenus sends a verification code to your registered email. Enter the code to activate your account.

#3 Identity Verification (Recommended)

Access your account dashboard and submit the following documents to get full access:

• Government-issued ID
• Proof of address (utility bill or bank statement)
• Any additional documents, if required by your region

Verification enhances withdrawal limits and trading capabilities while ensuring compliance with AML policies.

BVOX Trading Guide

Spot trading on BVOX is pretty easy. After the registration and verification process, you need to follow these steps:

#1 Choose A Trading Pair

On the main page of BVOX, hover your mouse pointer over “Spot”, and choose from the trading pairs or enter your preferred one in the search box.

#2 Pick an Order

BVOX offers three types of orders: Limit order, Market order, and Trigger order. Choose one from under the chart.

#3 Enter the Amount

Now, you need to enter the amount of cryptocurrency you want to buy or sell. The amount box is under the order types.

#4 Buy or Sell

Confirm the trade by clicking on “Buy” or “Sell”. Before doing this, make sure the details of the trade are correct.

What Platforms and Applications Are Available?

Bitvenus, similar to most other exchanges, has developed a proprietary platform. This platform is available through web and mobile apps, with backend support from TradingView for advanced charting. Key Features Across Apps:

• Real-time order book and market depth
• Multiple order types (market, limit, stop-limit, etc.)
• Useful charting tools with various indicators
• Portfolio management and performance tracking

Download Links:

• BVOX Android App
• BVOX iOS App

TradingFinder has developed a wide range of TradingView indicators that you can use for free.

BVOX Trading Volume

Over the past 3 months, BVOX has maintained consistent activity in its spot markets, reflecting steady user engagement on the BitVenus platform.

According to the BVOX CoinGecko page, the exchange’s trading volume has shown periods of both spikes and corrections, which is common for mid-tier crypto exchanges adapting to market sentiment.

BVOX Services

Check out the availability of trading services on the BVOX exchange:

Exchange Safety; Is It Secure Enough?

Security is paramount in the world of cryptocurrency exchanges, and Bitvenus claims to prioritize the safety of user funds and data.

Actually, it says that they have "the most authoritative security risk control team in the industry", which is a bold statement.

BVOX claims that their team consists of over 20 professional risk control experts. Here is a quick overview of the exchange's security measures:

• Cold crypto wallet storage for the majority of client funds
• Two-factor authentication (2FA) across accounts
• No record of successful security breaches or data leaks

However, there’s no investor protection fund, and facial recognition is not implemented. While the security infrastructure appears robust on paper, transparency on insurance and custodianship is limited.

BVOX Security Rankings

The exchange’s security performance has been evaluated by the BVOX CER.live page, revealing concerning weaknesses across several key areas.

With an overall score of just 13% (D), the platform shows limited protection for users and operations.

While server security scores a moderate 66/100, user security lags at 30/100, and the platform has no track record of penetration tests or a bug bounty program.

Additionally, BVOX lacks formal certifications such as ISO 27001 and CCSS, though it does provide funds insurance. These figures highlight critical areas for caution for potential users and investors.

Available Payment Options

Despite most crypto platforms in the industry, Bitvenus exchange does not provide fiat deposits and withdrawals.

Therefore, the only payment method on the platform is crypto. However, available payment methods may vary based on your geographical location.

Always check the Bitvenus website or contact their customer support for the most up-to-date information on available payment methods in your region.

Trust Scores and Evaluations on Reputable Websites

Trust scores on websites such as CoinGecko are crucial indicators of an exchange's reliability and reputation.

Unfortunately, there are not many reviews and ratings of BVOX on the internet, but here are some of the notable ones:

• BVOX Trustpilot: 3.7/5, based on only 1 review
• Bitvenus CoinGecko: 7/10, evaluated by the expert

Because of the number of ratings being too low, we cannot rely on them for evaluating the performance of BVOX. However, this fact is a drawback for the exchange.

BVOX Crypto Products

While Bitvenus offers a dedicated copy trading feature, it doesn't support crypto staking or crypto cards.

BVOX Bonus

BVOX provides two major bonuses to its users. Read the details for each:

Futures Bonus

The Futures Bonus is a promotional reward distributed during BVOX platform events. Once received, it’s credited directly to your futures trading account.

How to claim and use it:

• Monitor the Rewards Hub for promotional events offering a futures bonus. When available, you can claim it directly into your futures account;
• The bonus can serve as margin for trading futures contracts and may be used to offset fees or cover losses.

Key points to note:

• The bonus itself cannot be withdrawn, but any profits generated using it can be unlocked and redeemed once you meet the platform's conditions;
• If bonuses are unused or expire, they may be removed. Ensure you use them effectively before withdrawing assets from your futures account.

Welcome Bonus

Upon joining BVOX, new users are eligible for a 10 USDT bonus on their first deposit, with the opportunity to receive up to 8,800 USDT in total rewards.

How to get it:

• Download the BVOX app (on iOS or Android) or register via the website;
• Complete your first deposit to receive the initial 10 USDT bonus and potentially unlock additional rewards up to the 8,800 USDT cap.

How and When to Contact Support

Customer support can become so vital when facing challenges in working with a cryptocurrency exchange. Bitvenus Support Contact Methods:

• Email: support@bvox.com
• Live Chat: On the website

Also, there's a dedicated Help Center section on the website, containing information about the verification, accounts, trading assets, etc.

This company claims that the support team is ready to answer your questions 24/7. On our chats with the support team through live chat, the quality of service was mediocre, and the responses were not the fastest.

Copy Trading on Bitvenus - Does This Exchange Offer Any Other Investment Options?

Copy Trading has become a very popular service for earning passive income in the cryptocurrency industry, and most platforms offer it. BVOX is one of these exchanges. Key Features of Copy Trading on Bitvenus:

• One-click ordering for fast and safe copying
• Simple process in 3 easy steps
• Information and statistics of each professional trader available

Unfortunately, this company does not offer any other investment programs beyond copy trading. While BVOX doesn’t offer PAMM accounts or yield farming, this service enables newcomers to gain market exposure passively.

Bitvenus Exchange Restricted Countries

BVOX introduces itself as a global exchange, but does not offer its services to some regions and countries due to financial regulations. List of Restricted Countries As Stated by Bitvenus:

• Mainland China
• Hong Kong SAR
• Cuba
• Iran
• North Korea
• Crimea
• Sudan
• Syria
• Malaysia
• United States and all of its territories

BVOX vs Other Exchanges

Let's check Bitbns's standing in the crypto trading world in comparison with other platforms:

Writer’s Opinion And Conclusion

Bitvenus (BVOX) is a crypto trading platform with a 3.7/5 trust score on the Trustpilot website and a 7/10 evaluation rating on CoinGecko.

The exchange charges a 0.04% maker and 0.06% taker fee for trading futures. There's no fiat deposit option available.