Bitcoiva Review, Forex Broker & Trading Markets, Legit or a Scam

Trading Tools

Bitcoiva offers traders multiple trading tools. These tools help traders with different objectives and skills. The top tools you get access to at Bitcoiva are:

P2P or Peer to Peer Networks

P2P is a new trading tool introduced at Bitcoiva. This tool helps in trading crypto without any middlemen involved. You can buy and sell your assets directly from verified merchants.

Spot Trade

Traders can easily buy and sell with more than 350 Market pairs. Spot Trade allows quick, on-the-spot transactions that settle in not more than 2 business days.

Instant Swap

With Instant Swaps, traders get to transact with zero fees. this is mainly used for crypto trading where you can swap your digital assets for another quickly.

OTC Exchange

OTC or Over-the-counter exchange is a direct user-to-user trade. The tools offer flexible transactions. It is used for large or less liquid assets to avoid market disturbance.

Deposits and Withdrawals

Bitcoiva offers a smooth deposit and withdrawals that are also secure. The platform requires multiple payment types like bank transfers, rupay/master cards, and digital payments.

The minimum deposit fee at the platform is 10 INR, similar to the withdrawal fee per transaction. These charges can change depending upon the amount of transaction and method of payment.

How to Open a Bitcoiva account?

To open a Bitcoiva account, you must follow a few steps:

Step 1: Visit the official website of Bitcovia https://www.bitcoiva.com/.

Step 2: Click on the register button to open the registration window.

Step 3: Fill out the form with your details including name, email, and phone number.

Step 4: You will receive a confirmation mail, verify your account using that.

Step 5: Once verified, Deposit funds and start trading.

Security and Regulations

Bitcoiva ensures safe trading platforms for its users. The platform is not regulated by any financial authority but it ensures the security of data. The platform processes your data according to the IT Act 2000 with General Data Protection Regulation.

Although the platform has no regulatory body, it gets difficult to trust the platform. Traders must do proper research before investing.

Fees and Commissions

Bitcoiva offers a competitive fee structure, that makes it attractive for users. There are different charges that you might get on the platform. Starting from the commission on instant Swap and the exchange trading fees, which is less than 0.2%.

There are charges involved with internal transfers at the platform. Overall, Bitcoiva has a transparent fee structure with no hidden charges. This helps the traders in calculating costs before executions.

Customer Support

A well-informed customer support team is an important aspect of the platform. Botcoiva offers 24/7  customer support with multiple channels.  The communication channels include :

Calls

Traders can call the toll-free number at 1800 2023 677. The platform ensures a team of highly skilled members that resolve your technical and trade-related issues.

Email Support

If you get into trouble with calls, you can connect with the team at support@bitcoiva.com. The platform is quick with its email responses. You can simply add your details and issues.

Contact Form

Lastly, if you have any queries related to your trading account or technical process at the platform, you can fill out the contact form with your issue and send it to the team.

 

Apart from a customer support team, Bitcoiva also offers educational resources for traders. These resources include courses, webinars, eBooks, and more that help traders make decisions and stay updated about market movements.

Is Bitcoiva Legit or a Scam?

To question the legitimacy of the platform, it is important to consider the different aspects of the platform. Bitcoiva offers a user-friendly interface along with multiple trading tools and platforms to operate on.

One significant drawback of the platform is its lack of regulatory status. The platform is not regulated by any reputed financial authority which makes it risky to invest and trade.

Traders must do proper research before investing.

Conclusion

Bitcoiva is an online crypto trading platform. It offers a range of cryptocurrencies along with trading tools and resources. The platform ensures responsive customer support and educational material for traders to make informed decisions.

In conclusion, we can say that the Bitcoiva crypto trading platform provides several advantages but has an unclear regulatory status that makes it a risky choice.