What is BitKan
BitKan is a cryptocurrency platform that provides tools and services for trading, managing, and tracking cryptocurrency investments. It was founded in 2013 and is headquartered in Hong Kong. BitKan provides users with access to market analysis and trading data, as well as a community of traders and investors.
In addition, BitKan offers a cryptocurrency wallet that supports multiple cryptocurrencies and enables users to easily send and receive funds. Overall, BitKan is a comprehensive platform for cryptocurrency investors, offering a range of tools and services to help them manage their investments effectively.
The history of BitKan
BitKan was founded in 2013 by a team of cryptocurrency enthusiasts led by co-founder and CEO, Leon Liu. The company started as a bitcoin price-tracking platform, providing real-time price updates for users.
Over time, BitKan expanded its offerings to include a broader range of services for cryptocurrency traders and investors. In 2016, the company launched a mobile app that allowed users to track prices, view market data, and manage their portfolios on the go.
In 2019, BitKan announced that it had raised $10 million in a funding round led by South Korean blockchain investment firm Hashed. The funding was used to further develop the platform and expand its offerings.
In recent years, BitKan has continued to innovate and expand its services. The platform has added support for new cryptocurrencies, such as bitcoin cash and EOS, and has launched new features, such as trading signals and a social trading platform.
Today, BitKan is one of the leading cryptocurrency platforms in Asia, with a user base that spans the globe. The platform is known for its user-friendly interface, comprehensive suite of tools and services, and commitment to security and privacy.
How BitKan works
BitKan is a cryptocurrency platform that provides a range of tools and services for cryptocurrency traders and investors. Here’s how it works:
- Price tracking: BitKan allows users to track the prices of over 2,000 cryptocurrencies in real-time. Users can set price alerts to receive notifications when a particular cryptocurrency reaches a certain price.
- News aggregation: BitKan aggregates news from multiple sources to provide users with up-to-date information about the cryptocurrency markets. The platform also provides market analysis and insights to help users make informed investment decisions.
- Trading signals: BitKan provides trading signals that use advanced algorithms to analyze market data and identify potential trading opportunities. Users can receive alerts when a trading signal is triggered, and can use the information to make trades on the BitKan exchange.
- Portfolio management: BitKan allows users to track their cryptocurrency portfolios and view their performance over time. Users can also set up custom watchlists to monitor specific cryptocurrencies.
- Cryptocurrency exchange: BitKan operates a cryptocurrency exchange that allows users to trade a variety of cryptocurrencies. The exchange offers a user-friendly interface and supports multiple trading pairs.
- Mobile app: BitKan has a mobile app that is available for both iOS and Android devices. The app allows users to access all of BitKan’s features, including price tracking, news aggregation, trading signals, and portfolio management, on the go.
Can BitKan be trusted
A trustworthy and reputable cryptocurrency platform, BitKan has been in operation since 2013. The platform is used by a sizable and engaged user community, and it has a solid reputation for offering trustworthy tools and services for cryptocurrency traders and investors.
BitKan has put in place a number of safeguards to protect user funds and data since it takes security and privacy seriously. The platform protects user accounts and transactions using two-factor authentication (2FA) and multi-signature technology, and it keeps the majority of user funds in cold storage, which is not connected to the internet and is therefore less susceptible to hacking.
Additionally, BitKan has a committed customer support team that is ready to help users with any problems or challenges they may be experiencing. In order to make sure that the platform’s security procedures are efficient and current, it has also been evaluated by outside security companies.
Overall, BitKan can be regarded as a reliable exchange and investing platform for cryptocurrencies. Users must, however, exercise caution to safeguard their funds and personal information, as with any cryptocurrency network. This include creating secure passwords, turning on 2FA, and keeping private information private.
Does BitKan charge a fee
Yes, BitKan charges fees for its services related to cryptocurrency exchange. The costs change based on the type of transaction and the amount of trade.
For each deal made on its exchange, BitKan, for instance, levies a maker fee and a taker fee. When a user adds liquidity to the order book by submitting a limit order that is not immediately filled, they are charged a maker fee; when they remove liquidity from the order book by submitting a market order that is submitted promptly, they are charged a taker fee.
On BitKan’s exchange, maker and taker fees are equally determined by the user’s trading volume over the previous 30 days. A user’s fees will decrease the more they trade. The pricing structure of BitKan is set up to reward high-volume traders while yet offering affordable rates to smaller traders.
BitKan may impose fees for other services such as bitcoin withdrawals or deposits in addition to trading commissions. Depending on the cryptocurrency being used and the size of the transaction, these costs may change.
BitKan offers a straightforward price structure to enable consumers understand the expenses involved with their trades and transactions, and overall, its rates are competitive with those of other cryptocurrency exchanges.