Are you a Nigerian cryptocurrency trader on the lookout for a platform specifically designed for Nigerian traders? Then I have got some great news for you!

Overbit is the platform of choice. This bitcoin trading platform offers great features that distinguish it from other trading platforms. Do you know that you don’t have to pay a dime trading on this platform? It is completely free! Do you know that you can leverage on Overbit bitcoin trades capped at 50:1 for cryptos and 500:1 for FX and make huge margins off your trades? Fasten your seat belt and let’s take a deep dive reviewing this margin broker together.

About Overbit

Are you a Nigerian cryptocurrency trader on the lookout for a platform specifically designed for Nigerian traders? Then I have got some great news for you!

Overbit is the platform of choice. This bitcoin trading platform offers great features that distinguish it from other trading platforms. Do you know that you don’t have to pay a dime trading on this platform? It is completely free! Do you know that you can leverage on Overbit bitcoin trades capped at 50:1 for cryptos and 500:1 for FX and make huge margins off your trades? Fasten your seat belt and let’s take a deep dive reviewing this margin broker together.

About Overbit

(img)https://ibb.co/NncXLmJ(/img)

Overbit is a bitcoin derivative platform trading platform founded in 2018 by Chieh Liu, who is the Chief Executive Officer. Liu is a trained computer scientist with a specialty in derivatives products and FX trading. While Overbit is still new in the market, it has quickly gained popularity in the industry owing to its leveraging capabilities using bitcoin as its base asset. Overbit gives the flexibility to buy and exchange other cryptocurrencies with a single base currency, Bitcoin. To top it all you can trade and exchange other assets such as forex and metals using bitcoin as the base currency for exchange.

How Overbit works

If you visit Overbit for the first time you will notice that the platform does not support fiat currency deposits, you can only make deposits in bitcoin and exchange or trade with other cryptocurrencies or fiat on the platform. It does not support anonymous accounts nor ‘fake’ cryptocurrency as only real coins are allowed to be traded on the platform. On Overbit you can trade cryptos, metals and forex as depicted in the picture below:

Overbit bitcoin trading user interface dashboard is minimalistic in design and properly laid out for simplicity and ease of use. All the necessary information you need to make excellent trading decisions are clearly laid out in the dashboard. Assets and their varying live values and nicely laid out on the left side of the main dashboard. The graphs are aligned to the left with the buy and sell boxes centered in the middle of the main dashboard so that you can easily narrow down on the current prices of your assets and commodities on the market. On the dashboard you can switch views, check positions, view closed positions, view active orders and order history without losing sight of your main metrics (graphs, prices and commodities).

Sign Up

Signing up on Overbit takes less than a minute as you only need to provide your name, email and password. You verify your email when you need to deposit funds.

How To Trade on Overbit

Trading on Overbit is pretty simple if you are familiar with cryptocurrency exchange platforms. To get started on Overbit, ensure that you make a deposit in Bitcoin into your Overbit wallet (please note that deposits are not allowed via fiat but only bitcoin). The minimum amount of coin that can be deposited into your Overbit account is 0.0001XBT.
It should be noted that the deposit will be credited after one confirmation on the Bitcoin network. All Overbit deposit addresses are multi-signature cold wallet addresses. Also, on the dashboard you have the option of trading pairs such as EUR, USD, BTC and ETH just to mention a few. Once your funds are deposited into your Overbit wallet you can start trading pairs

On the far right on the dashboard you decide which asset to trade with (cryptos, forex or metals). From the selected assets, let's say you choose crypto as the asset to trade, you will have a drop down of pairs in which you can trade with and this is synonymous for other pairs.

Once you have decided on the pair to trade with, the data for the pair will be loaded on your dashboard with the relevant metrics and live data. If you pan to the left-hand side of the dashboard you will see prices that people are willing to sell at and the current position of the selected pair on the market.

To place the other pair, simply pan to the middle box where you have your buy and sell boxes. You enter the prices or units of coin in which you want to sell or buy, the equivalent value pair will be displayed and you can easily complete your transaction if you are comfortable with the set prices and your order will be completed within a few seconds.

Supported currencies

Overbit bitcoin derivative trading platform gives the flexibility for trading various digital currencies
which include but are not limited to bitcoin, ethereum, bitcoin cash and ripple just to mention a few. Overbit currently have listed on its platform the following trading pairs:

XBT/USD
XBT/JPY
ADA/XBT
BCH/XBT
EOS/XBT
ETH/XBT
LTC/XBT
NEO/XBT
XRP/XBT
AUD/USD
EUR/JPY
EUR/USD
GBP/USD
USD/JPY
XAG/USD
XAU/USD

Overbit Fees [b][/b]

Overbit does not charge for deposits made on its platform. It should also be noted that Overbit does not charge for withdrawals from its platform. The only fee associated with withdrawal is simply the bitcoin transaction fee. Now, what are the other fees associated with trading on Overbit and how does it make money?

Overbit is mainly compensated for its services through the “market spread”. For example, when trading XBT/USD, if the Buy Price is 8,000, then the Sell Price would be 7,990 respectively (which means a market spread of 10 pips, in this example). The spread is not fixed and changes from time to time during volatile periods to account for minimum slippage when the trade is executed. The spread is also used to guarantee liquidity for the trade and it means users can easily calculate their profit or loss for each position without taking commissions into account.

Unlike other service providers who also charge commissions on each trade, Overbit does not charge dealing commissions. For more information on the fees, please see the individual contract specification.


Limitations of Overbit Bitcoin cryptocurrency Trading platform

The only limitation here is that users from the United states of America and other countries listed below are not currently enabled to trade on Overbit.

Trading Volume and Liquidity

The liquidity ratio on Overbit is quite high as it relies on bigger trading platforms that provide margin brokers with high liquidity ratios.


Rewards

You get rewarded on referring your friends to use the bitcoin trading platform using its lucrative affiliate program. The affiliate program structure is listed as below:

Security
Overbit is one the newest bitcoin derivative trading platform in the industry and it has managed to attain a high level of trust from its community, owing to the fact that the platform is secured by military grade software that enables segregation of client bitcoins. The coins are stored and protected in a cold multi-signature wallet (not hot wallets). Two-factor authentication is also available on this trading platform for maximum protection of the user’s credentials.

Customer support [/b]

For any business to be successful in today's age, a highly competent customer support team should be on standby to help clients resolve issues. Whilst the support services offered by Overbit would need to match demand as they grow, I must say their 24-hour service has been fantastic so far. Overbit support services are highly professional and respond quickly to client emails through issuing of support tickets. You can also reach out to the team via social media. Telephone or live chat support are not currently available.


Supported countries

Overbit is available for users all over the world with the exemption of users from the United states of America

Mobile App

This bitcoin exchange can only be accessed through the web for now. However, Overbit plans to roll out its Android and iOS app in the near future.

Demo Account and Anonymity

Anonymous accounts are not accepted on the Overbit bitcoin trading platform as users are subjected to a rigorous verification process of ID and address. Unlike other bitcoin derivative platforms, the demo account software installed on this platform is unrestricted and users can practice using various techniques.

Charts



Overbit comes with handy and simple signaling tools. Unlike other bitcoin exchange platforms, Overbit charting provides you with all the tools you need for your technical analysis and you do not need to deploy any other third-party tool while trading. Overbit also has a charting tool pre-installed with charts from. Tradingview.com

Conclusion

Based on everything that we have discussed so far, Overbit is undoubtedly one the most friendly to use trading platforms for both new and experienced traders. You can easily find your way around the platform owing to its simple designs and great user interface. In less than two years since its establishment, Overbit has incorporated a lot of features into its trading platform, some of which took years to be implemented in other bitcoin leverage platforms. We strongly believe that Overbit will continue to evolve and offer innovative digital currency solutions to its clients. We are very happy to recommend Overbit for our readers, kindly click here to get started.






Overbit is a bitcoin derivative platform trading platform founded in 2018 by Chieh Liu, who is the Chief Executive Officer. Liu is a trained computer scientist with a specialty in derivatives products and FX trading. While Overbit is still new in the market, it has quickly gained popularity in the industry owing to its leveraging capabilities using bitcoin as its base asset. Overbit gives the flexibility to buy and exchange other cryptocurrencies with a single base currency, Bitcoin. To top it all you can trade and exchange other assets such as forex and metals using bitcoin as the base currency for exchange.

How Overbit works

If you visit Overbit for the first time you will notice that the platform does not support fiat currency deposits, you can only make deposits in bitcoin and exchange or trade with other cryptocurrencies or fiat on the platform. It does not support anonymous accounts nor ‘fake’ cryptocurrency as only real coins are allowed to be traded on the platform. On Overbit you can trade cryptos, metals and forex as depicted in the picture below:

Overbit bitcoin trading user interface dashboard is minimalistic in design and properly laid out for simplicity and ease of use. All the necessary information you need to make excellent trading decisions are clearly laid out in the dashboard. Assets and their varying live values and nicely laid out on the left side of the main dashboard. The graphs are aligned to the left with the buy and sell boxes centered in the middle of the main dashboard so that you can easily narrow down on the current prices of your assets and commodities on the market. On the dashboard you can switch views, check positions, view closed positions, view active orders and order history without losing sight of your main metrics (graphs, prices and commodities).

Sign Up

Signing up on Overbit takes less than a minute as you only need to provide your name, email and password. You verify your email when you need to deposit funds.

How To Trade on Overbit

Trading on Overbit is pretty simple if you are familiar with cryptocurrency exchange platforms. To get started on Overbit, ensure that you make a deposit in Bitcoin into your Overbit wallet (please note that deposits are not allowed via fiat but only bitcoin). The minimum amount of coin that can be deposited into your Overbit account is 0.0001XBT.
It should be noted that the deposit will be credited after one confirmation on the Bitcoin network. All Overbit deposit addresses are multi-signature cold wallet addresses. Also, on the dashboard you have the option of trading pairs such as EUR, USD, BTC and ETH just to mention a few. Once your funds are deposited into your Overbit wallet you can start trading pairs

On the far right on the dashboard you decide which asset to trade with (cryptos, forex or metals). From the selected assets, let's say you choose crypto as the asset to trade, you will have a drop down of pairs in which you can trade with and this is synonymous for other pairs.

Once you have decided on the pair to trade with, the data for the pair will be loaded on your dashboard with the relevant metrics and live data. If you pan to the left-hand side of the dashboard you will see prices that people are willing to sell at and the current position of the selected pair on the market.

To place the other pair, simply pan to the middle box where you have your buy and sell boxes. You enter the prices or units of coin in which you want to sell or buy, the equivalent value pair will be displayed and you can easily complete your transaction if you are comfortable with the set prices and your order will be completed within a few seconds.

Supported currencies

Overbit bitcoin derivative trading platform gives the flexibility for trading various digital currencies
which include but are not limited to bitcoin, ethereum, bitcoin cash and ripple just to mention a few. Overbit currently have listed on its platform the following trading pairs:

XBT/USD
XBT/JPY
ADA/XBT
BCH/XBT
EOS/XBT
ETH/XBT
LTC/XBT
NEO/XBT
XRP/XBT
AUD/USD
EUR/JPY
EUR/USD
GBP/USD
USD/JPY
XAG/USD
XAU/USD

Overbit Fees

Overbit does not charge for deposits made on its platform. It should also be noted that Overbit does not charge for withdrawals from its platform. The only fee associated with withdrawal is simply the bitcoin transaction fee. Now, what are the other fees associated with trading on Overbit and how does it make money?

Overbit is mainly compensated for its services through the “market spread”. For example, when trading XBT/USD, if the Buy Price is 8,000, then the Sell Price would be 7,990 respectively (which means a market spread of 10 pips, in this example). The spread is not fixed and changes from time to time during volatile periods to account for minimum slippage when the trade is executed. The spread is also used to guarantee liquidity for the trade and it means users can easily calculate their profit or loss for each position without taking commissions into account.

Unlike other service providers who also charge commissions on each trade, Overbit does not charge dealing commissions. For more information on the fees, please see the individual contract specification.


Limitations of Overbit Bitcoin cryptocurrency Trading platform

The only limitation here is that users from the United states of America and other countries listed below are not currently enabled to trade on Overbit.

Trading Volume and Liquidity

The liquidity ratio on Overbit is quite high as it relies on bigger trading platforms that provide margin brokers with high liquidity ratios.


Rewards

You get rewarded on referring your friends to use the bitcoin trading platform using its lucrative affiliate program. The affiliate program structure is listed as below:

Security
Overbit is one the newest bitcoin derivative trading platform in the industry and it has managed to attain a high level of trust from its community, owing to the fact that the platform is secured by military grade software that enables segregation of client bitcoins. The coins are stored and protected in a cold multi-signature wallet (not hot wallets). Two-factor authentication is also available on this trading platform for maximum protection of the user’s credentials.

Customer support

For any business to be successful in today's age, a highly competent customer support team should be on standby to help clients resolve issues. Whilst the support services offered by Overbit would need to match demand as they grow, I must say their 24-hour service has been fantastic so far. Overbit support services are highly professional and respond quickly to client emails through issuing of support tickets. You can also reach out to the team via social media. Telephone or live chat support are not currently available.


Supported countries

Overbit is available for users all over the world with the exemption of users from the United states of America

Mobile App

This bitcoin exchange can only be accessed through the web for now. However, Overbit plans to roll out its Android and iOS app in the near future.

Demo Account and Anonymity

Anonymous accounts are not accepted on the Overbit bitcoin trading platform as users are subjected to a rigorous verification process of ID and address. Unlike other bitcoin derivative platforms, the demo account software installed on this platform is unrestricted and users can practice using various techniques.

Charts



Overbit comes with handy and simple signaling tools. Unlike other bitcoin exchange platforms, Overbit charting provides you with all the tools you need for your technical analysis and you do not need to deploy any other third-party tool while trading. Overbit also has a charting tool pre-installed with charts from. Tradingview.com

Conclusion

Based on everything that we have discussed so far, Overbit is undoubtedly one the most friendly to use trading platforms for both new and experienced traders. You can easily find your way around the platform owing to its simple designs and great user interface. In less than two years since its establishment, Overbit has incorporated a lot of features into its trading platform, some of which took years to be implemented in other bitcoin leverage platforms. We strongly believe that Overbit will continue to evolve and offer innovative digital currency solutions to its clients. We are very happy to recommend Overbit for our readers, kindly click here to get started.

lanwo:
Are you a Nigerian cryptocurrency trader on the lookout for a platform specifically designed for Nigerian traders? Then I have got some great news for you!

Overbit is the platform of choice. This bitcoin trading platform offers great features that distinguish it from other trading platforms. Do you know that you don’t have to pay a dime trading on this platform? It is completely free! Do you know that you can leverage on Overbit bitcoin trades capped at 50:1 for cryptos and 500:1 for FX and make huge margins off your trades? Fasten your seat belt and let’s take a deep dive reviewing this margin broker together.

About Overbit

Are you a Nigerian cryptocurrency trader on the lookout for a platform specifically designed for Nigerian traders? Then I have got some great news for you!

Overbit is the platform of choice. This bitcoin trading platform offers great features that distinguish it from other trading platforms. Do you know that you don’t have to pay a dime trading on this platform? It is completely free! Do you know that you can leverage on Overbit bitcoin trades capped at 50:1 for cryptos and 500:1 for FX and make huge margins off your trades? Fasten your seat belt and let’s take a deep dive reviewing this margin broker together.

About Overbit

(img)https://ibb.co/NncXLmJ(/img)

Overbit is a bitcoin derivative platform trading platform founded in 2018 by Chieh Liu, who is the Chief Executive Officer. Liu is a trained computer scientist with a specialty in derivatives products and FX trading. While Overbit is still new in the market, it has quickly gained popularity in the industry owing to its leveraging capabilities using bitcoin as its base asset. Overbit gives the flexibility to buy and exchange other cryptocurrencies with a single base currency, Bitcoin. To top it all you can trade and exchange other assets such as forex and metals using bitcoin as the base currency for exchange.

How Overbit works

If you visit Overbit for the first time you will notice that the platform does not support fiat currency deposits, you can only make deposits in bitcoin and exchange or trade with other cryptocurrencies or fiat on the platform. It does not support anonymous accounts nor ‘fake’ cryptocurrency as only real coins are allowed to be traded on the platform. On Overbit you can trade cryptos, metals and forex as depicted in the picture below:

Overbit bitcoin trading user interface dashboard is minimalistic in design and properly laid out for simplicity and ease of use. All the necessary information you need to make excellent trading decisions are clearly laid out in the dashboard. Assets and their varying live values and nicely laid out on the left side of the main dashboard. The graphs are aligned to the left with the buy and sell boxes centered in the middle of the main dashboard so that you can easily narrow down on the current prices of your assets and commodities on the market. On the dashboard you can switch views, check positions, view closed positions, view active orders and order history without losing sight of your main metrics (graphs, prices and commodities).

Sign Up

Signing up on Overbit takes less than a minute as you only need to provide your name, email and password. You verify your email when you need to deposit funds.

How To Trade on Overbit

Trading on Overbit is pretty simple if you are familiar with cryptocurrency exchange platforms. To get started on Overbit, ensure that you make a deposit in Bitcoin into your Overbit wallet (please note that deposits are not allowed via fiat but only bitcoin). The minimum amount of coin that can be deposited into your Overbit account is 0.0001XBT.
It should be noted that the deposit will be credited after one confirmation on the Bitcoin network. All Overbit deposit addresses are multi-signature cold wallet addresses. Also, on the dashboard you have the option of trading pairs such as EUR, USD, BTC and ETH just to mention a few. Once your funds are deposited into your Overbit wallet you can start trading pairs

On the far right on the dashboard you decide which asset to trade with (cryptos, forex or metals). From the selected assets, let's say you choose crypto as the asset to trade, you will have a drop down of pairs in which you can trade with and this is synonymous for other pairs.

Once you have decided on the pair to trade with, the data for the pair will be loaded on your dashboard with the relevant metrics and live data. If you pan to the left-hand side of the dashboard you will see prices that people are willing to sell at and the current position of the selected pair on the market.

To place the other pair, simply pan to the middle box where you have your buy and sell boxes. You enter the prices or units of coin in which you want to sell or buy, the equivalent value pair will be displayed and you can easily complete your transaction if you are comfortable with the set prices and your order will be completed within a few seconds.

Supported currencies

Overbit bitcoin derivative trading platform gives the flexibility for trading various digital currencies
which include but are not limited to bitcoin, ethereum, bitcoin cash and ripple just to mention a few. Overbit currently have listed on its platform the following trading pairs:

XBT/USD
XBT/JPY
ADA/XBT
BCH/XBT
EOS/XBT
ETH/XBT
LTC/XBT
NEO/XBT
XRP/XBT
AUD/USD
EUR/JPY
EUR/USD
GBP/USD
USD/JPY
XAG/USD
XAU/USD

Overbit Fees [b][/b]

Overbit does not charge for deposits made on its platform. It should also be noted that Overbit does not charge for withdrawals from its platform. The only fee associated with withdrawal is simply the bitcoin transaction fee. Now, what are the other fees associated with trading on Overbit and how does it make money?

Overbit is mainly compensated for its services through the “market spread”. For example, when trading XBT/USD, if the Buy Price is 8,000, then the Sell Price would be 7,990 respectively (which means a market spread of 10 pips, in this example). The spread is not fixed and changes from time to time during volatile periods to account for minimum slippage when the trade is executed. The spread is also used to guarantee liquidity for the trade and it means users can easily calculate their profit or loss for each position without taking commissions into account.

Unlike other service providers who also charge commissions on each trade, Overbit does not charge dealing commissions. For more information on the fees, please see the individual contract specification.


Limitations of Overbit Bitcoin cryptocurrency Trading platform

The only limitation here is that users from the United states of America and other countries listed below are not currently enabled to trade on Overbit.

Trading Volume and Liquidity

The liquidity ratio on Overbit is quite high as it relies on bigger trading platforms that provide margin brokers with high liquidity ratios.


Rewards

You get rewarded on referring your friends to use the bitcoin trading platform using its lucrative affiliate program. The affiliate program structure is listed as below:

Security
Overbit is one the newest bitcoin derivative trading platform in the industry and it has managed to attain a high level of trust from its community, owing to the fact that the platform is secured by military grade software that enables segregation of client bitcoins. The coins are stored and protected in a cold multi-signature wallet (not hot wallets). Two-factor authentication is also available on this trading platform for maximum protection of the user’s credentials.

Customer support [/b]

For any business to be successful in today's age, a highly competent customer support team should be on standby to help clients resolve issues. Whilst the support services offered by Overbit would need to match demand as they grow, I must say their 24-hour service has been fantastic so far. Overbit support services are highly professional and respond quickly to client emails through issuing of support tickets. You can also reach out to the team via social media. Telephone or live chat support are not currently available.


Supported countries

Overbit is available for users all over the world with the exemption of users from the United states of America

Mobile App

This bitcoin exchange can only be accessed through the web for now. However, Overbit plans to roll out its Android and iOS app in the near future.

Demo Account and Anonymity

Anonymous accounts are not accepted on the Overbit bitcoin trading platform as users are subjected to a rigorous verification process of ID and address. Unlike other bitcoin derivative platforms, the demo account software installed on this platform is unrestricted and users can practice using various techniques.

Charts



Overbit comes with handy and simple signaling tools. Unlike other bitcoin exchange platforms, Overbit charting provides you with all the tools you need for your technical analysis and you do not need to deploy any other third-party tool while trading. Overbit also has a charting tool pre-installed with charts from. Tradingview.com

Conclusion

Based on everything that we have discussed so far, Overbit is undoubtedly one the most friendly to use trading platforms for both new and experienced traders. You can easily find your way around the platform owing to its simple designs and great user interface. In less than two years since its establishment, Overbit has incorporated a lot of features into its trading platform, some of which took years to be implemented in other bitcoin leverage platforms. We strongly believe that Overbit will continue to evolve and offer innovative digital currency solutions to its clients. We are very happy to recommend Overbit for our readers, kindly click here to get started.






Overbit is a bitcoin derivative platform trading platform founded in 2018 by Chieh Liu, who is the Chief Executive Officer. Liu is a trained computer scientist with a specialty in derivatives products and FX trading. While Overbit is still new in the market, it has quickly gained popularity in the industry owing to its leveraging capabilities using bitcoin as its base asset. Overbit gives the flexibility to buy and exchange other cryptocurrencies with a single base currency, Bitcoin. To top it all you can trade and exchange other assets such as forex and metals using bitcoin as the base currency for exchange.

How Overbit works

If you visit Overbit for the first time you will notice that the platform does not support fiat currency deposits, you can only make deposits in bitcoin and exchange or trade with other cryptocurrencies or fiat on the platform. It does not support anonymous accounts nor ‘fake’ cryptocurrency as only real coins are allowed to be traded on the platform. On Overbit you can trade cryptos, metals and forex as depicted in the picture below:

Overbit bitcoin trading user interface dashboard is minimalistic in design and properly laid out for simplicity and ease of use. All the necessary information you need to make excellent trading decisions are clearly laid out in the dashboard. Assets and their varying live values and nicely laid out on the left side of the main dashboard. The graphs are aligned to the left with the buy and sell boxes centered in the middle of the main dashboard so that you can easily narrow down on the current prices of your assets and commodities on the market. On the dashboard you can switch views, check positions, view closed positions, view active orders and order history without losing sight of your main metrics (graphs, prices and commodities).

Sign Up

Signing up on Overbit takes less than a minute as you only need to provide your name, email and password. You verify your email when you need to deposit funds.

How To Trade on Overbit

Trading on Overbit is pretty simple if you are familiar with cryptocurrency exchange platforms. To get started on Overbit, ensure that you make a deposit in Bitcoin into your Overbit wallet (please note that deposits are not allowed via fiat but only bitcoin). The minimum amount of coin that can be deposited into your Overbit account is 0.0001XBT.
It should be noted that the deposit will be credited after one confirmation on the Bitcoin network. All Overbit deposit addresses are multi-signature cold wallet addresses. Also, on the dashboard you have the option of trading pairs such as EUR, USD, BTC and ETH just to mention a few. Once your funds are deposited into your Overbit wallet you can start trading pairs

On the far right on the dashboard you decide which asset to trade with (cryptos, forex or metals). From the selected assets, let's say you choose crypto as the asset to trade, you will have a drop down of pairs in which you can trade with and this is synonymous for other pairs.

Once you have decided on the pair to trade with, the data for the pair will be loaded on your dashboard with the relevant metrics and live data. If you pan to the left-hand side of the dashboard you will see prices that people are willing to sell at and the current position of the selected pair on the market.

To place the other pair, simply pan to the middle box where you have your buy and sell boxes. You enter the prices or units of coin in which you want to sell or buy, the equivalent value pair will be displayed and you can easily complete your transaction if you are comfortable with the set prices and your order will be completed within a few seconds.

Supported currencies

Overbit bitcoin derivative trading platform gives the flexibility for trading various digital currencies
which include but are not limited to bitcoin, ethereum, bitcoin cash and ripple just to mention a few. Overbit currently have listed on its platform the following trading pairs:

XBT/USD
XBT/JPY
ADA/XBT
BCH/XBT
EOS/XBT
ETH/XBT
LTC/XBT
NEO/XBT
XRP/XBT
AUD/USD
EUR/JPY
EUR/USD
GBP/USD
USD/JPY
XAG/USD
XAU/USD

Overbit Fees

Overbit does not charge for deposits made on its platform. It should also be noted that Overbit does not charge for withdrawals from its platform. The only fee associated with withdrawal is simply the bitcoin transaction fee. Now, what are the other fees associated with trading on Overbit and how does it make money?

Overbit is mainly compensated for its services through the “market spread”. For example, when trading XBT/USD, if the Buy Price is 8,000, then the Sell Price would be 7,990 respectively (which means a market spread of 10 pips, in this example). The spread is not fixed and changes from time to time during volatile periods to account for minimum slippage when the trade is executed. The spread is also used to guarantee liquidity for the trade and it means users can easily calculate their profit or loss for each position without taking commissions into account.

Unlike other service providers who also charge commissions on each trade, Overbit does not charge dealing commissions. For more information on the fees, please see the individual contract specification.


Limitations of Overbit Bitcoin cryptocurrency Trading platform

The only limitation here is that users from the United states of America and other countries listed below are not currently enabled to trade on Overbit.

Trading Volume and Liquidity

The liquidity ratio on Overbit is quite high as it relies on bigger trading platforms that provide margin brokers with high liquidity ratios.


Rewards

You get rewarded on referring your friends to use the bitcoin trading platform using its lucrative affiliate program. The affiliate program structure is listed as below:

Security
Overbit is one the newest bitcoin derivative trading platform in the industry and it has managed to attain a high level of trust from its community, owing to the fact that the platform is secured by military grade software that enables segregation of client bitcoins. The coins are stored and protected in a cold multi-signature wallet (not hot wallets). Two-factor authentication is also available on this trading platform for maximum protection of the user’s credentials.

Customer support

For any business to be successful in today's age, a highly competent customer support team should be on standby to help clients resolve issues. Whilst the support services offered by Overbit would need to match demand as they grow, I must say their 24-hour service has been fantastic so far. Overbit support services are highly professional and respond quickly to client emails through issuing of support tickets. You can also reach out to the team via social media. Telephone or live chat support are not currently available.


Supported countries

Overbit is available for users all over the world with the exemption of users from the United states of America

Mobile App

This bitcoin exchange can only be accessed through the web for now. However, Overbit plans to roll out its Android and iOS app in the near future.

Demo Account and Anonymity

Anonymous accounts are not accepted on the Overbit bitcoin trading platform as users are subjected to a rigorous verification process of ID and address. Unlike other bitcoin derivative platforms, the demo account software installed on this platform is unrestricted and users can practice using various techniques.

Charts



Overbit comes with handy and simple signaling tools. Unlike other bitcoin exchange platforms, Overbit charting provides you with all the tools you need for your technical analysis and you do not need to deploy any other third-party tool while trading. Overbit also has a charting tool pre-installed with charts from. Tradingview.com

Conclusion

Based on everything that we have discussed so far, Overbit is undoubtedly one the most friendly to use trading platforms for both new and experienced traders. You can easily find your way around the platform owing to its simple designs and great user interface. In less than two years since its establishment, Overbit has incorporated a lot of features into its trading platform, some of which took years to be implemented in other bitcoin leverage platforms. We strongly believe that Overbit will continue to evolve and offer innovative digital currency solutions to its clients. We are very happy to recommend Overbit for our readers, kindly click here to get started.

Well!! Did you know? Alpha cash is one of the best cryptocurrency investment platfrom, moreover it doest not offers any products and Only affiliates of Alpha Cash can be able to promote Alpha Cash affiliate membership.
Read: Alpha Cash Review