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Bit‑hub ensures efficiency and transparency in exchange operations by using current rates from well-known exchange platforms such as Kraken, Coinbase, and Bitfinex. We have agreements with payment service providers, minimizing fees and providing users with favorable exchange conditions.
The exchange rate on Bit‑hub is calculated using an integrated exchange calculator, including the international exchange rate, payment system fees, blockchain network fees, and a reasonable Bit‑hub fee for conducting transactions.
The exchange rate on Bit‑hub is fixed at the moment funds are received in the Bit‑hub wallet or account, ensuring transparency and fairness in each transaction.
All fees are included in the rate calculated using our exchange calculator. In cases where operations are conducted with fiat currencies, additional fees may be charged by the issuing banks of payment cards.
Registration of an account is not mandatory for quick exchange through Bit‑hub, but registered users receive additional advantages and convenience when conducting transactions.
Most exchange operations on Bit‑hub do not require KYC/AML procedures. However, additional verification may be required for some transactions involving fiat currencies.
Exchange operations on Bit‑hub are characterized by their speed and efficiency:
Buying cryptocurrency: The process takes an average of 5 - 7 minutes. After receiving funds, cryptocurrency is instantly sent to the wallet specified in the purchase form. The time it takes for the funds to be credited to your wallet depends on the speed of the blockchain network and your wallet settings.
Selling cryptocurrency: The duration of the operation depends on the confirmation speed of the blockchain transaction. Once the required number of confirmations is received, payments are sent to your card.
Cryptocurrency-to-cryptocurrency exchange: This is the longest process and depends on the time it takes for cryptocurrency to be sent from your side and credited to your wallet. We recommend creating an account in the Bit‑hub wallet for faster operations.
Bit‑hub offers a wide selection of assets for exchange, with the list of available assets constantly updated and expanded, as presented in the exchange calculator on our platform.
In the event that you send an amount that does not match the one stated in your application, our system will automatically process the exchange for the amount that was sent. In cases where the amount is less than the minimum or exceeds the maximum, issues are resolved through contacting Bit‑hub's customer support.
(!) It is important to understand that any investments in cryptocurrency, including through the Bit‑hub cryptocurrency wallet, are associated with high market risks, including price fluctuations of assets. Bit‑hub aims to provide its clients with a wide and convenient set of tools for working with cryptocurrencies, actively informing users about the features of cryptocurrency investments. However, Bit‑hub is not responsible for the results of investments that users may obtain as a result of their actions. The information provided on this page and any other information provided by Bit‑hub is not intended to provide recommendations for purchasing cryptocurrency or making any other investment decisions.
