Bitsdaq Exchange Review

Bitsdaq is a Hong Kong established cryptocurrency trading platform that is partnered up with Bittrex, a popular cryptocurrency exchange founded in 2014 in Seattle, Washington to establish a Joint- Order Book. Their mission is to offer their customers secure, reliable, efficient and fast trading. 

Their target market are professionals, investors and starts-ups in Asia, but they are expanding globally.

Together they feature better access to the cryptocurrencies on the platforms since they approach a broader market, liquidity that is more reliable through a shared market depth, optimization of KYC and AML procedures and a secure platform with selected content and better support and service for customers. 

Security has high priority at Bitsdaq wherefore they adopted the policies of AML and KYC, use 2FA technology, offer facial recognition from JUMIO and established a coverage across the platforms. The fee structure of Bitsdaq includes fixed trading fees of 0.25%. While depositing money is free, Bitsdaq charges fees for the withdrawal of money which varies depending on the currency. 

Bitsdaq at the moment is trading all the well-known currencies like BTC, ETH, and USDT, but also supports projects like EOS and NEO. Their plan is to increase the number of traded currencies and to start Bitsdaq IEO Service, a platform for small and medium-sized blockchain startups that can be listed and funded there. The platform should provide the startup with support post-ICO and IEO.