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Bintense review – Why exchange crypto with this company?
Intro
Bintense is a relatively new crypto exchange that aims to provide a high standard of cryptocurrency exchange, implementing efficiency, security and convenience in its mechanism. Since many people today are interested in buying and selling crypto, such services are essential in 2023.
However, with many companies in the industry going bust last year, cryptocurrency enthusiasts need to make sure that the exchange they are dealing with can ensure proper protection for their funds. Bintense employs an interesting approach in that sense, and that’s why it has been receiving a lot of attention lately.
Signing up with Bintense
Opening an exchange account with Bintense is a straightforward process, regardless if you are a private or corporate client. The company shares all of the information about steps that customers have to complete in order to start exchanging on its website.
Speaking of payment solutions accepted by the brand, credit/debit cards and bank wires are the main ways to deposit fiat currency. This applies to people who want to buy cryptocurrencies in exchange for cash. They deposit funds, then set up an exchange transaction. When Bintense receives the payment, the exchange is settled.
All clients must provide a wallet address prior to exchanging funds. The exchange does not store tokens for customers. Instead, it sends crypto to your wallet once the transaction is completed.
The platform
If there is one word that we would use to describe Bintense’s platform, it is the word intuitive. Everything is so simple to understand, even for people who have never done this kind of stuff before. Even if you do get stuck on something, you can talk to them at any time and they will help you through the process.
Alongside intuitiveness, this platform also integrates encryption solutions to create a secure environment. Don’t underestimate the importance of security in today’s crypto environment. We hear about crypto theft all of the time, and it is a good thing that client safety is a top priority for Bintense.
Bintense also holds its own blog, where users can read about cryptocurrencies and other topics dealing with this industry.
KYC
Another critical aspect to note is the company’s KYC policy. The exchange is licensed to provide virtual currency exchange services and that is why all clients must pass the verification process. Since the company accepts both private and corporate clients, the list of documents required is different for each category.
The documents required to get your account verified also depend on the amount you would like to exchange with Bintense. Different documents might be requested, depending on each client’s situation, but you don’t have to worry about that either because all of the information is on the brand’s website, and there are no surprises when it comes to KYC.
Conclusion
Bintense seems to be a cryptocurrency exchange that is very aware of regulatory requirements and the importance of financial security. If you choose to buy or sell crypto with this brand, you can be sure that your funds are safe and that you are always in full control over your tokens, once the exchange transaction is completed. Bintense operates transparently, is very client-centric and relies on the latest technology. That’s why we recommend using their services.