Bitbns

Q: What is Bitbns, and when was it founded?

A: Bitbns is a cryptocurrency exchange that was founded in India in 2017. It has since become one of the leading cryptocurrency exchanges in the country.

Q: How many users does Bitbns have?

A: Bitbns boasts a user base of over 3 million users, making it one of the most popular exchanges in India.

Q: What services and features does Bitbns offer?

A: Bitbns offers a variety of services and features, including:

• Spot trading, where users can buy and sell cryptocurrencies at current market prices.

• Margin trading, allowing users to borrow funds for leveraged trading.

• Futures trading, enabling users to trade cryptocurrency contracts for future delivery.

• P2P trading, where users can buy and sell cryptocurrencies directly with other users.

• Staking, which allows users to earn rewards by holding certain cryptocurrencies.

• Bitbns Earn, a lending service that enables users to earn interest by lending their cryptocurrencies to the exchange.

• Bitbns Pay, a feature for sending and receiving cryptocurrencies with other users.

Q: What is the Bitbns Refer and Earn program?

A: The Bitbns Refer and Earn program is a referral initiative offered by Bitbns, a cryptocurrency exchange platform. It allows Bitbns users to invite their friends to join the platform and earn rewards for successful referrals.

Q: What is referral code for Bitbns?

A: Bitbns referral code is 1969811.

Q: How do I participate in the Bitbns Refer and Earn program?

A: To participate in the Bitbns Refer and Earn program, follow these steps:

• Share your referral link with your friends.

• Your friends need to sign up on Bitbns using your referral link or Bitbns referral code.

Q: What rewards do I receive for referring friends to Bitbns through the Bitbns Refer and Earn program?

A: When you refer your friends to Bitbns through the Bitbns Refer and Earn program and they complete their KYC (Know Your Customer) process successfully, you earn 50% of their trading fees. These fees are sent directly to your Bitbns wallet.

Q: What rewards do my friends receive for signing up through my referral link in the Bitbns Refer and Earn program?

A: Your friends, upon successfully signing up and completing their KYC on Bitbns through the Bitbns Refer and Earn program, receive up to ₹100 worth of BTC (Bitcoin).

Q: Is KYC completion necessary for both me and my referred friends to receive rewards through the Bitbns Refer and Earn program?

A: Yes, in order for you to receive 50% of your referred friends' trading fees through the Bitbns Refer and Earn program and for your friends to receive ₹100 worth of BTC, your referred friends must complete their KYC successfully.

Q: What happens if my referred friends do not complete their KYC in the Bitbns Refer and Earn program?

A: If your referred friends do not complete their KYC successfully, you will receive only 10% of their trading fees instead of the usual 50% through the Bitbns Refer and Earn program.

Q: Can Bitbns modify or terminate the Bitbns Refer and Earn program?

A: Yes, Bitbns reserves the right to modify, suspend, or terminate the Bitbns Refer and Earn program. However, they will provide prior notice to users in the event of any such changes.

Q: Are there any consequences for misuse of the Bitbns Refer and Earn program?

A: Yes, Bitbns takes misuse of the Bitbns Refer and Earn program seriously. Anyone found guilty of misusing the program may face strict legal action.

Q: What is considered misuse of the Bitbns Refer and Earn program?

A: Self-referral or engaging in circular referral activities is considered misuse of the Bitbns Refer and Earn program. If you are found to be involved in such activities, your trading rebates will be removed.

Q: Who has the final decision on matters related to the Bitbns Refer and Earn program?

A: The final decision on matters related to the Bitbns Refer and Earn program is at the discretion of the Bitbns team. Their decision is considered final in all cases.

Q: How can I obtain my referral link to share with friends in the Bitbns Refer and Earn program?

A: You can find your referral link within your Bitbns account, typically in the "Refer and Earn" section. You can copy and share this link with your friends to invite them to join Bitbns through the Bitbns Refer and Earn program.

Q: Which cryptocurrencies are supported by Bitbns?

A: Bitbns supports over 100 cryptocurrencies, including popular ones like Bitcoin, Ethereum, Tether, USD Coin, and Dogecoin, among others.

Q: Is Bitbns suitable for both beginners and experienced traders?

A: Yes, Bitbns offers a user-friendly interface designed to accommodate both beginners and experienced cryptocurrency traders.

Q: What security measures does Bitbns employ to protect user funds?

A: Bitbns is known for its strong security measures, which include:

• Cold storage of cryptocurrencies.

• Multi-signature wallets to enhance security.

• Regular security audits to identify and address vulnerabilities.

Q: What fee structure does Bitbns use for trading?

A: Bitbns employs a maker-taker fee model. The maker fee is 0.1% for spot trades and 0.02% for futures trades, while the taker fee is 0.2% for spot trades and 0.05% for futures trades.

Q: What deposit and withdrawal methods are supported by Bitbns?

A: Bitbns supports a range of deposit and withdrawal methods, including bank transfers, IMPS (Immediate Payment Service), UPI (Unified Payments Interface), and Paytm, making it convenient for users to fund their accounts and access their funds.

Q: How can I contact Bitbns for customer support?

A: Bitbns provides 24/7 customer support through various channels, including email, chat, and phone. Users can choose the most convenient option to address their inquiries or concerns.

Q: Is Bitbns a reliable and safe cryptocurrency exchange?

A: Yes, Bitbns is a well-established and reputable cryptocurrency exchange known for its security measures and wide range of services. It is a good option for users seeking a safe and reliable platform for trading cryptocurrencies.