No Regulation

Score

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/10

Dexzbitz

Malta

|

2-5 years

Suspicious Regulatory License|

Medium potential risk

https://dexzbitz.live/

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Influence

C

Influence Index NO.1

Finland 2.34

Better than 84.80% exchange(s)

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C

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No effective regulatory information has been founded yet, please pay attention to the risks!

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Company Name
Dexzbitz
Phone of the company
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Customer Service Email Address
admin@dexzbitz.live
dexzbitz@gmail.com

WikiBit Risk Alerts

1
Previous Detection 2024-09-19

It has been verified that this Exchange currently has no valid regulation, please be aware of the risk!

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Aspect Information
Company Name Dexzbitz
Regulatory Authority Unregulated
Cryptocurrencies Available 100+
Trading Fees 0.5%
Customer Support Email: dexzbitz@gmail.com; admin@dexzbitz.live, Twitter

Overview of Dexzbitz

DexzBitZ caters to cryptocurrency enthusiasts with a diverse range of tradeable assets exceeding 100. Their flat 0.5% trading fee structure keeps things simple, and the platform boasts built-in tools for portfolio management, risk analysis, and even algorithmic trading. Security measures like 2FA and multi-step transfer confirmation are a plus.

However, while DexzBitZ offers a feature-rich experience, the absence of regulation can be a concern for security-conscious users. It's of great importance to compare DexzBitZ to other platforms before entrusting them with your cryptocurrency.

Dexzbitz's homepage

Pros & Cons

Pros Cons
Wide variety of cryptocurrencies Lack of regulation
Transparent trading fees (0.5%)
Portfolio management & risk analytics tools
Crypto wallet
Security measures

Pros:

  • Wide Variety of Cryptocurrencies: DexzBitz offers a diverse selection of cryptocurrencies for trading, exceeding 100 which traders can choose from.

  • Transparent Trading Fees: The platform maintains a flat fee structure of 0.5% for both buying and selling, simplifying cost calculations.

  • Portfolio Management & Risk Analytics Tools: DexzBitz goes beyond just trading, offering a centralized system to manage your crypto portfolio and assess potential risks.

  • Crypto Wallet: The built-in DexzBitz Wallet allows for secure storage, sending, and receiving of various cryptocurrencies.

  • Security Measures: DexzBitz employs a multi-layered security approach including 2FA, three-mode transfer confirmation, and continuous security audits.

Cons:

  • Lack of Regulation: There is no information available about DexzBitz being regulated by any financial authorities. This lack of oversight can be a significant concern for users, as regulations often enforce security standards, provide dispute resolution mechanisms, and offer some level of consumer protection.

Regulatory Authority

Dexzbitz, as a current entity in the cryptocurrency space, is operating without the direct oversight of any financial regulatory bodies. This means that, while it offers the convenience and technological innovation associated with digital currency transactions, it also operates outside the traditional safety nets that come with regulated financial institutions.

As such, interested users should exercise caution and conduct thorough research about the companys credibility and security measures. While being outside the regulation might provide Dexzbitz with flexibility, it also places a lot of responsibility on the company itself to maintain high standards of security and integrity in managing its customers' assets. So, it is important for users to understand the framework in which Dexzbitz operates before using their services.

Security

DexzBitz takes security seriously, employing a multi-layered approach to protect your cryptocurrency. Here's how they safeguard your assets:

  • Two-Factor Authentication (2FA): This adds an extra step to the login process, requiring a one-time code from your mobile device in addition to your password. Even if your password is compromised, unauthorized access is significantly reduced.

  • Three-Mode Confirmation for Fund Transfers: DexzBitz goes beyond login security with a robust fund transfer confirmation process. Here's what you can expect: * Email Confirmation: An email notification with a unique confirmation link is sent to your registered address for every transfer, requiring your approval before it proceeds. * Fund Password: An additional layer of security is added with a unique Fund Password you set up during account creation. This password is required to authorize any fund transfer. * 2FA Confirmation: On top of email and Fund Password, you'll also need to provide a one-time code from your 2FA app to complete the transfer process.

  • Continuous Monitoring and Security Audits: DexzBitz undergoes regular security audits by cybersecurity experts to proactively identify and address any vulnerabilities. This continuous monitoring ensures your assets are protected against evolving threats in the cryptocurrency world.

Cryptocurrencies Available

DexzBitz offers a wide variety of cryptocurrencies for trading, including popular choices like Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Dogecoin (DOGE).

They also support a selection of stablecoins pegged to the US dollar, such as USDC and USDI, for more stable trading options.

Additionally, DexzBitz offers a range of altcoins, including emerging projects and established tokens like Cardano (ADA), Uniswap (UNI), and Chainlink (LINK).

With over 100 cryptocurrencies on the platform, DexzBitz caters to a diverse range of trading interests.

Cryptocurrencies Available

Fees

DexzBitz keeps its fee structure transparent and straightforward. They charge a flat fee of 0.5% on both buying and selling transactions. This means you'll pay the same percentage fee regardless of the cryptocurrency you trade or the size of your order. This simplifies fee calculations and ensures predictable costs for your trades.

Fees

Services

DexzBitz offers a comprehensive suite of tools designed to empower your cryptocurrency experience beyond just trading.

  • Portfolio Management & Risk Analytics: DexzBitz goes beyond trade execution. They provide a centralized system to manage your entire crypto portfolio, giving you a clear view of your holdings and overall investment health. Integrated risk analytics tools help you assess risks associated with your investments, allowing you to make informed decisions.

  • Crypto Wallet: DexzBitz Wallet provides a secure and user-friendly platform to store, send, and receive various cryptocurrencies. You can manage your digital assets seamlessly with easy access through their intuitive interface.

  • Algorithmic Trading: For those seeking a more automated approach, DexzBitz offers an advanced algorithmic trading system. This allows you to create and implement personalized trading strategies, enabling precise trade execution and the potential to capitalize on market opportunities.

Services

Is Dexzbitz a Good Exchange for You?

DexzBitz can be the best exchange for users who prioritize a comprehensive suite of portfolio management and trading tools.

  • Portfolio Management & Risk Analytics: DexzBitz offers a centralized system to manage your entire crypto portfolio, including holdings and risk assessment tools. This can be valuable for users who want to track their investments and make informed decisions.

  • Algorithmic Trading: For users interested in automating their trading strategies, DexzBitz's advanced algorithmic trading system allows them to create and implement custom strategies for potentially capitalizing on market opportunities.

Frequently Asked Questions (FAQs)

  • What cryptocurrencies can I trade on DexzBitz?

  • DexzBitz offers a variety of more than 100 cryptocurrencies, including popular options like Bitcoin (BTC) and Ethereum (ETH), along with stablecoins and altcoins.

    • What are DexzBitz's trading fees?

    • DexzBitz maintains a transparent fee structure with a flat fee of 0.5% charged on both buying and selling transactions. This simplifies fee calculations.

      • Does DexzBitz have a built-in crypto wallet?

      • Yes, DexzBitz provides a wallet for storing, sending, and receiving various cryptocurrencies.

        • What are DexzBitz's security measures?

        • DexzBitz offers a multi-layered security approach including 2FA, three-mode transfer confirmation, and continuous security audits.

            Risk Warning

            Cryptocurrency exchange investments come with inherent security risks. It is important to be aware of these risks before engaging in such investments. Cryptocurrency exchanges are susceptible to hacking, fraud, and technical glitches, which can result in the loss of funds. It is recommended to choose reputable and regulated exchanges, stay updated on security measures, and be vigilant in detecting and reporting any suspicious activities. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.