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BitX Exchange
Trading nameBitX Exchange
IndustryBitcoin exchange
Websitehttps://bitx.co/trade

The BitX Exchange

The BitX Exchange is operated by BitX. BitX is active in South Africa, Kenya, Malaysia, Indonesia and Nigeria, allowing customers from those countries to buy and sell Bitcoin using their local currency, with their operational headquartered in Singapore. Users from other countries still has access to the BitX suite of web and mobile wallets.

Trading

BitX offers multiple currency pairs across their active geographies.

Trading pair Country
BTC-ZAR BitX South Africa Exchange
BTC-MYR BitX Malaysia Exchange
BTC-NGN BitX Nigeria Exchange
BTC-KES BitX Kenya Exchange

They currently only provide Instant Buy and Sell in Indonesia.

Payment Methods

Deposit options:

  • Indonesian rupiah (IDR): Bank transfer
  • Kenyan shilling (KES): M-pesa
  • Malaysian ringgit (MYR): Inter-Bank GIRO
  • Nigerian naira (NGN): Bank transfer
  • South African rand (ZAR): Bank transfer (EFT)
  • Bitcoin wallet

Withdrawal options:

  • Linked bank account
  • Bitcoin wallet

Trading fees

BitX follows a maker-taker fee model. Traders who place trades, either in local currency or Bitcoin, on the market are called Makers and pay a 0% fee when their orders are matched. Traders who match an existing order on the market are known as Takers and pay a 1% fee.

There are no fees for Bitcoin deposits or withdrawals. The fees for local currency (fiat) deposits and withdrawals can be found on the BitX countries page

API

Traders can make use of the BitX API. It supports market data feeds and also trading on the exchange.

Full documentation is available on the BitX site.

External links