Tradesatoshi In A Nutshell
TradeSatoshi is a worldwide crypto-to-crypto exchange platform that allows buying and selling of Bitcoin and other wide range of altcoins. The platform is user-friendly with a low trading fee of 0.2% and supports a 2-factor authentication security feature which ensures the safety of the funds and “Faucet” feature which can enable a user to claim free coins. Tradesatoshi was established in 2015 by Francesco Alibrandi (An Australian Bitcoin Entrepreneur) with its headquarters based in London, UK. The platform supports most of the common digital coins and tokens such as Bitcoin, Litecoin Bitcoin Cash, Dogecoin, ZClassic, and Dash apart from Ehereum.
How to use TradeSatoshi
To use TradeSatoshi a user needs to create and verify the account, This can be done by visiting the official website (https://tradesatoshi.com/) and click the registration button then fill in personal details and submit them. A confirmation link is sent to your email, upon clicking the link one is directed to the official website and requested to key in username and password to log in. Once logged in a notification is sent to request a person enable a 2 FA security to protect the account from hackers.
Once the account is fully set one can deposit any amount by searching the coin, he wants to deposit from a provided list of crypto coin and create its address which the deposit would be sent. One can make withdraw anytime he wishes by clicking withdraw and putting the amount and the address to receive the amount and confirm the link sent to email.
There are no fees made on deposits made on a personal account, however, a fee of 0.2% for a transaction in either buying or selling of the coin. Withdrawal fees vary depending on the coin or token being transacted. The fees for common currencies include:
Currency Withdrawal fee
- Bitcoin 0.002 BTC
- Bitcoin Cash 0.00001 BCH
- Litecoin 0.02 LTC
- Dogecoin 1 DOGE
- Bitcoin Gold 0.001 BTG
- Stratis 0.0001 STRAT
Pros and cons
Supports 2-factor authentication
Leverage trading not available
Access to a wide range of cryptocurrencies
Does not support ETH
Straightforward and easy to use
Fiat deposits not accepted
TradeSatoshi is a simple to use platform that is ideal for beginners who wish to start trading cryptocurrencies.