What is Azbit?
Azbit is a cryptocurrency exchange that combines trading and investment services, offering a platform for users to trade various digital assets. It provides features such as spot trading, margin trading, and investment portfolios.
Who is the Founder?
Azbit was co-founded by a team of cryptocurrency and finance professionals, although specific names are not widely publicized.
When Did It Start Operations?
Azbit began operations in 2018.
Where Is It Based?
Azbit is headquartered in the Republic of Seychelles.
In Which Countries Is It Banned?
Azbit primarily operates globally but may have restrictions in certain countries, including:
- United States: Azbit may have limited services for U.S. residents due to regulatory constraints.
- Other Countries: Various jurisdictions may impose regulations that limit access to Azbit’s services.
What Is the Trading Fee?
Azbit’s trading fees typically range from 0.1% to 0.2%, depending on the specific trading pairs and user trading volume.
Is Margin Trading Available?
Yes, Azbit offers margin trading, allowing users to trade with leverage. This feature enables traders to borrow funds to increase their positions, which can amplify potential returns but also increases risks.
