Banxa Reviews

About Banxa

All of the balances changed in 2009 when the Bitcoin exchange was introduced to the world. With Bitcoin and a variety of altcoins, cryptocurrency exchanges have grown in importance. Here is the Banxa that is one of the best cryptocurrency exchanges. Found in 2014, Banxa has a mission that makes cryptocurrency accessible to people around the world. Banxa offers assistance and services in more than 100 countries across the world. It assists you to buy cryptocurrencies by depositing fiat currencies. While there are so many crypto exchanges, Banxa is the prominent one with its cryptocurrency services among the other Bitcoin trading exchanges. So, let's learn about Banxa company in more detail as well as Banxa customer reviews and Banxa customer complaints.

How Banxa Works

Banxa is a great place to buy and sell Bitcoin and other altcoins. So, you might be wondering, "How do I buy Bitcoin?" or "how to buy altcoins on Banxa?". Because It is a platform that aims to make crypto trade accessible for everyone, it is very easy to buy Bitcoin or sell Bitcoin in Banxa exchange. You should follow the steps respectively. The first thing you need to do is to click on the "Buy Crypto Now" button. Here, you can both buy and sell cryptocurrencies. The "buy" process begins with deciding on a purchase quantity in fiat currency, a cryptocurrency to buy, and a payment method to use. It is possible to buy and sell digital assets via the exchange you use or Banxa. If you purchase through one of Banxa partners (Binance, Bots, Bybit, etc) with a built-in wallet, your cryptocurrency will be sent to the wallet/account you made with that partner/exchange. You can see the list of the exchanges'/partners' compliance with Banxa by going to the "Case Studies" section.  Otherwise, Banxa sends cryptocurrency to the wallet address you give with your order.

Supported Crypto Currencies

Banxa, being a well-known cryptocurrency exchange, accepts the most prominent cryptocurrencies. Coins supported on Banxa are Bitcoin (BTC), Bitcoin SV (BSV), ChainLink (LINK), Litecoin (LTC), Ethereum (ETH), Tether (USDT), Binance USD (BUSD),  and USD Coin (USDC).

Banxa Fees & Limits

While there is no trading fee on Banxa, a gateway fee is available. Banxa gateway fee for Visa and MasterCard is 1.99%. If you will use the other payment methods, the Banxa transfer fees changes. You can go to the website for further information about Banxa fees and limits.

Banxa Payment Methods

Compared to the other cryptocurrency exchanges, Banxa has a different and easier process. If you are currently using an exchange that does not support fiat currencies, Banxa can be a good option for you. You can buy the supported coins with Banxa deposit options which are Visa and MasterCard. However, do not forget that you should confirm your contact details before depositing money into Banxa. If you want to sell cryptocurrencies, you can use Bank Transfers as a Banxa withdrawal option.

Banxa Reviews and Complaints

In the database, there are numerous Banxa customer experiences and Banxa customer reviews due to its popularity. The most often used terms in Banxa reviews are "easy to use." You can check the Banxa reviews from Kazan.io whenever you want.