BTC-Alpha offers access to 10 cryptocurrencies for spot trading with a default maker/taker fee of 0.0950%/0.1500%.
The exchange has an average daily trading volume of $200M. It has partnered with CoinPedia, Crypto News Point, and Infinox.
BTC-Alpha; An Introduction to the Crypto Exchange
BTC-Alpha was launched by the Ukrainian entrepreneur Vitalii Bondar on November 1, 2016.
The company was registered in Warwickshire, United Kingdom (company No. 09951778).
The crypto exchange acquired a financial license from the Republic of Estonia in 2019. Key features of BTC-Alpha:
- 24/7 support
- Minimum order size: $5
- Support for two fiat currencies: EUR and USD
- ALP Coin (the platform’s native token) launched on 10/10/2019
BTC-Alpha Table of Specifications
The platform boasts over 500,000 users worldwide. It has partnered with CoinPedia, ForkLog, Digital Notice, and Wallet Investor.
Exchange | BTC-Alpha |
Launch Date | November 1, 2016 |
Levels | 13 levels from Regular to PRO-3 |
Trading Fees | Maker from 0.0300% to 0.0950% Taker from 0.0450% to 0.1500% |
Restricted Countries | USA, Bolivia, Ecuador, Cuba, North Korea, Iran, Hong Kong, Sudan, Malaysia, Syria, Bangladesh, Kyrgyzstan, State of Wa, Pridnestrovian Moldavian Republic, Nagorno-Karabakh Republic, Somaliland, Shan State, Waziristan |
Supported Coins | 9 |
Futures Trading | No |
Minimum Deposit | $5 |
Deposit Methods | AdvCash (Volet), Perfect Money, PAYEER, NIXMoney, Mercuryo |
Withdrawal Methods | Fiat, Crypto |
Maximum Leverage | 1:1 |
Minimum Trade Size | $5 |
Security Factors | Bug Bounty Program, 2FA |
Services | OTC Market, Spot Trading, Mobile Trading |
Customer Support Ways | Email, Ticket, Telegram |
Customer Support Hours | 24/7 |
Fiat Deposit | Yes |
Affiliate Program | Yes |
Orders Execution | Market |
Native Token | ALP |
BTC-Alpha User Levels
The exchange has implemented a volume-based fee structure that offers fee reductions based on 30-day trading volume or account balance.
User Level | 30-Day Trading Volume (USDC) | Account Balance (USDC) | Maker Fee | Taker Fee |
Regular | >= 0 | >= 0 | 0.0950% | 0.1500% |
VIP-1 | >= 50K | >= 100K | 0.0850% | 0.1000% |
VIP-2 | >= 200K | >= 250K | 0.0780% | 0.0900% |
VIP-3 | >= 500K | >= 500K | 0.0675% | 0.0850% |
VIP-4 | >= 1M | >= 1M | 0.0650% | 0.0800% |
VIP-5 | >= 2M | >= 3M | 0.0625% | 0.0750% |
VIP-6 | >= 5M | >= 5M | 0.0500% | 0.0600% |
VIP-7 | >= 10M | >= 8M | 0.0400% | 0.0550% |
VIP-8 | >= 20M | >= 10M | 0.0400% | 0.0500% |
VIP-9 | >= 50M | >= 20M | 0.0300% | 0.0450% |
PRO-1 | >= 100M | >= 100M | 0.0500% | 0.0600% |
PRO-2 | >= 300M | >= 300M | 0.0400% | 0.0500% |
PRO-3 | >= 500M | >= 500M | 0.0300% | 0.0450% |
BTC-Alpha Fees Explained
As mentioned earlier, the default trading fees are 0.0950% for makers and 0.1500% for takers. While deposits are all free of charge, withdrawals incur commissions, including:
Withdrawal Method | Fee |
EUR | 1% |
Cryptocurrency | Network fee (variable) |
Available Digital Assets on BTC-Alpha Exchange
While the exchange claims to support over 100 trading pairs, its trading platform currently offers only 10 cryptocurrencies and 15 trading pairs in four markets, including USDC, BTC, EUR, and USD. Available digital assets on BTC-Alpha:
- BTC
- DOGE
- ETH
- TRX
- USDT
- XRP
- BDX
- ETC
- LTC
- USDT
BTC-Alpha Futures Market
While the exchange doesn't offer leverage options at the time of writing this BTC-Alpha review, it plans to introduce the market soon.
BTC-Alpha Registration and KYC
To register with BTC-Alpha, you must be at least 18 years old. Here’s a step-by-step guide to the account opening and verification process.
- Visit the exchange’s official website;
- Click “Sign Up”;
- Verify your email address and provide personal information;
- From the profile menu, click “Verification”;
- Provide proof of identity (daily withdrawal limit up to 1M USDT) and proof of address (daily withdrawal limit up to 2M USDT).
BTC-Alpha Exchange Safety and Security
The platform has no records of previous security breaches. It has a score of 8.75 according to Hacken security rating and 10 according to the Server Security level.
- Participation in the bug bounty program from HackerOne
- Two-factor authentication (2FA)
BTC-Alpha Payment Methods
The exchange accepts both fiat transactions and cryptocurrencies. It supports EUR and USD payments via various methods, including:
- AdvCash (Volet)
- Perfect Money
- PAYEER
- NIXMoney
BTC-Alpha Ratings
There are 66 reviews on the BTC-Alpha Trustpilot profile, with a majority of them being positive. The exchange is also featured on the CoinGecko platform.
- Trustpilot: 4.3 out of 5
- CoinGecko: 5 out of 10
Does BTC-Alpha Offer Growth Plans?
While the exchange doesn't offer staking services at the time of writing this BTC-Alpha review, it plans to introduce the feature soon. However, the platform supports API trading with the following features:
- Web Sockets and HTTP protocols
- Support for trading
- Support for deposits and withdrawals
The platform has also implemented an Affiliate program with commissions of up to 50% within 30 days of the referral registration.
Writer's Opinion and Conclusion
BTC-Alpha provides 15 trading pairs in four markets, including BTC, USDC, USD, and EUR.
The exchange supports Perfect Money and AdvCash (Volet) payments. It has a score of 4.3 out of 5 on Trustpilot.