Quick Background
Bitexlive launched around 2017 and branded itself as a solid altcoin-friendly exchange - now it is active but low-volume, with a modest niche audience and mixed trust signals.
Bitexlive emerged as a Europe/Kazakhstan-based exchange aimed at altcoin access. It offered a decent coin spread - around 17 assets and 17 pairs - and low flat fees. Fees sat tight at 0.20% for makers and takers. Withdrawals had fixed rates per coin, generally reasonable. Fiat input was limited - mostly TRY by wire. KYC was present, but minimal compliance was in place, and the founder Halil Beydilli was the main face of the operation.
Market Coverage
Today it runs with around 16–17 coins and a similar number of trading pairs. Daily volume hovers between $3M and $8M depending on the source - small, but not dead. Pairs like BTC/USDT, ETH/USDT, DOGE/USDT see most of the action, though depth is patchy at best.
Key Stats
Snapshot of its main figures is shown below.
| Metric | Value |
|---|---|
| Launch Year | ~2017 |
| Coins / Pairs | ~17 each |
| Daily Volume | ~$3–8M |
| Fee Structure | Flat 0.20% (maker & taker) |
| Fiat Support | Limited (TRY via wire) |
Trading Experience
Signing in feels classic - email and password, plus KYC. It is not fancy, but orders fill, markets move, and trading charts are serviceable. Fee consistency with the flat model shows upfront clarity, though no deep discount tiers. Listings skew toward mainstream and mid-tier altcoins, not heavy exotic.
Security and Trust
They take security seriously - TLS encryption, 99% cold storage with multisig, and required 2FA for critical actions. That is solid. But the trust score on major trackers is middling - community feedback is divided, with occasional complaints about withdrawals or slow support.
Strengths and Weaknesses
Key pros and cons are outlined here.
Strengths
- Flat and transparent fees
- Secure fund storage and basic safety layers
- Simple setup and small coin selection for focused traders
Weaknesses
- Low visibility and limited trading activity
- Narrow fiat options - mostly Turkish-based
- Mixed user reviews and no strong institutional backing
Reputation and Traffic
It operates quietly - few visits, small social followings, and little buzz. Still, for a focused group chasing certain cryptos, it remains on the radar. It has not spat out funds publicly, but reputation is fragile.
Who It Suits
Bitexlive caters to small-scale traders who hunt altcoins and do not mind low liquidity. It is not for high-volume speculators or fiat-on-ramp enthusiasts. More for niche traders than mainstream crowds.
Final Thoughts
Bitexlive is functional, secure, and quietly useful for a tiny niche. It is not flashy - it is about low fees and a clean interface. Transparency is enough for small players, but not compelling for high-trust demands. It remains a modest option in crypto's mid-tier scene.