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[Service ends on February 2023, 2] What is Bitterz?Review|Reputation Review Deposit/withdrawal method Reliability etc. thorough explanation [virtual currency FX]

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Bitterz has decided to end this service on February 2023, 2.
New registration is no longer accepted from November 2022, 11.

Bakara-chan

This article summarizes information about Bitterz.
It is attracting attention as a virtual currency FX exchange that can trade 888 times higher levers, and both virtual currency FX traders and gamblers must register! ??
See more details ~

Saito

I don't know when it will end, but now you can get a bonus worth 1 yen for new registration. (It can be 1 yen or 5000 yen depending on the timing!)
Of course, you can withdraw profits, so if you have touched the virtual currency FX, or if you want to make a trial transaction, you should register.Click here to register

table of contents

What I want to tell you first Merit

Bakara-chan

I'd like you to see the continuation of the basic information, but I will write what I want to convey briefly first!

Cryptocurrency FX exchange that can issue 888 times in high lever trading

There are three currency types for your account: USD / JPY / BTC.
The leverage provided will vary depending on the total amount of unrealized gains and losses including account balance, bonus credits and swaps.

Unrealized gains / losses including account balance + credit + swapLeverage
BTC / USD accountJPY account
Less than $ 25025,000 less than circlex888
$ 250 or more – less than $ 50025,000 yen or more – less than 50,000 yenx500
$ 500 or more – less than $ 1,00050,000 yen or more – less than 100,000 yenx400
$ 1,000 or more – less than $ 2,000100,000 yen or more – less than 200,000 yenx300
$ 2,000 or more – less than $ 3,000200,000 yen or more – less than 300,000 yenx200
$ 3,000 or more – less than $ 5,000300,000 yen or more – less than 500,000 yenx100
$ 5,000 or more – less than $ 10,000500,000 yen or more – less than 1,000,000 yenx50
$ 10,000 or more – less than $ 20,0001,000,000 yen or more – less than 2,000,000 yenx25
$ 20,000 or more2,000,000 yen or morex5
Sorry for the misalignment
Bakara-chan

First of all, the maximum leverage fluctuates with respect to the account balance, but you can fight at a maximum of 888 times.
At the time of writing (6/4), Bitcoin is about 415 million, but if you have 1 yen worth of money, you can trade 2 BTC worth!
For better or worse, the market price of virtual currencies is particularly rough now, so if you are a good trader, it seems easy to make a profit of 1 quickly by cheating the bonus of 10 yen of the registration privilege. !!
There were quite a few reports of winning and withdrawing with this deposit-free bonus!

Saito

There are other high-level exchanges such as Bybit (100 times), Binance (125 times), CryptoGT (500 times) and FXGT (500 times), but I am aiming for a blow from registration benefits and low funds. If so, Bitterz is an excellent person.

Bakara-chan

Also, if the margin maintenance rate falls below 100%, it is a compulsory settlement (loss cut), but since it is a zero cut, it is possible to make a one-shot gambling transaction!
Fees are basically all free, so it feels like there is no extra cost other than swapping.
You can deposit Japanese Yen from your credit card!

Rureko

You can use MT5 for transactions, and the security aspect will be described later, but it is quite strong.
Cryptocurrency systems cannot be relieved unless security is particularly strict.
With 2-step verification, cold wallet management, and multi-sig, you won't run out of money.
You can also use it like a wallet of virtual currency.

Bakara-chan

The rest is overseas exchanges, but Japanese support is provided, and most of the information is described on the site, so it feels like it's simple and easy to understand.
Lastly, there are plenty of campaigns such as bonuses at the time of opening and depositing, and I think that various offers will come even after registration, so only when an offer that seems to be an opportunity comes, trade like a hyena and win and withdraw!It may be like that!

What I want to tell you first Disadvantages

Bakara-chan

The downside is that you don't seem to have a financial license.
So there may be some people, but the point is that the Japanese Financial Services Agency has not issued a warning, but it is not operated with the permission of the Financial Services Agency, so it is like BitMEX. If you receive a warning, there is a possibility that you will not be able to make transactions from Japan and you will not be able to make transactions in the future, so one thing to be careful about is to be careful not to deposit too much money.
Also, although security is highly reliable as mentioned above, it does not have trust protection like traders who have permission from the Financial Services Agency, so if Bitters suddenly closes, the funds deposited will not be returned. It feels like there is a possibility, so be careful not to deposit too much money or leave it.

Saito

Also, the spread seems to be wide or shallow.
However, even when Bitcoin was released recently, the spread did not spread so much, so I wonder if the spread will feel at that time.

Bakara-chan

Well, I can't withdraw money, and it suddenly collapses. I don't think that's the case, but you need to think about the time.
As long as you have completed KYC (identity verification), you can withdraw quickly because it is Bitcoin, and the minimum withdrawal amount is 0.0001 BTC, which is as low as XNUMX BTC (basic) and you can do it with no (basic) fees, so you can withdraw frequently and deposit only when you make a transaction. If you do things like that, you can avoid the worst, so I don't think you'll be ready to go that far.
For the time being, you can get a bonus of 5,000 yen by registering at this stage, so try it, and if it is easy to use or win, I think that the flow is good!

What is Bitterz?Basic information

Company

Company NameBitterz LLC
CEOWoong Lee
Main officeHinds Building, Kingstown, St. Vincent and the Grenadines
Taiwan Support Center705, No.45, Sec.1, Fu Xing S. Rd., Song Shan Dist., Taipei City 105056, Taiwan (ROC)
Phone+ (886)-2-27772700 * We do not accept telephone inquiries.
ContactContact FormThank you
Hours24 hours
Establishment2020/4/9

Handling currency pairs

Currency pairsMinimum number of lotsMaximum lot numberTransaction volume limitLimit & Stop Level
BTCUSD0.0150150360
BTCEUR0.0150150450
BTCJPY0.0150150450
BCHUSD0.1401,65070
BCHEUR0.1401,65065
BCHJPY0.1401,65075
ETHUSD0.11502,00025
ETHEUR0.11502,000400
ETHJPY0.11502,00020
LTCUSD14007,000183
LTCEUR14007,000392
LTCJPY14007,00022
XRPUSD※ 1100120,0001,000,000156
XRPEUR※ 1100120,0001,000,000192
XRPJPY※ 1100120,0001,000,000188
EURJPY0.0150-27
EURUSD0.0150-20
USDJPY0.0150-20
  • If you make a transaction worth more than $ 50, we may impose a transaction limit.

About spreads

We have a variable spread system.Spreads will change automatically as prices change.

About transactions

Transaction typeCFD
How to orderMarket, limit, stop
Double-decker transactionPossible
Trading timeCryptocurrency: 24 hours, 365 days
FX: Monday – Friday: 00: 05 – 23:55
(MT5 hours: Daylight Saving Time GMT + 3, Winter Time GMT + 2)
* Except during system maintenance

About security

At the virtual currency exchange Bitterz, in order to protect your assets and provide an environment where you can trade with confidence, strict security measures such as cold wallet management, risk management by multisig, strict withdrawal management, unauthorized login and access prevention, etc. I am doing.

Cold wallet management

Cryptocurrencies other than those required for immediate remittance are stored as customer-specific assets in a cold wallet completely isolated from the external network.
In addition, when transferring funds from a cold wallet to a hot wallet, we operate in a system that requires multisig (approval by multiple people).

Risk management with multi-sig

We are taking measures against hacking by multi-sig (approval by multiple people).
When sending money, we have a multi-sig system that requires multiple private keys, and the private keys themselves are stored in multiple locations with different security configurations to maximize risk management.

Asset conservation

In addition to risk management using cold wallet and multi-sig, the same amount as the customer's funds is separately stored, and the funds are joined to the compensation fund to protect assets.

Strict withdrawal management

When applying for withdrawal, email verification and two-step verification are always required.
In addition, we will check the security history of the customer who applied for withdrawal for fraudulent movements, and if we find information that is suspected of fraud, we will contact the customer before withdrawal.

Prevention of unauthorized login

We are taking measures against unauthorized login by setting the email notification service at the time of login and the two-step verification function.
In addition, WAF (Web Application Firewall) records and monitors all login information and restricts logins that are suspected of being fraudulent.

Unauthorized access prevention

The FW (firewall) monitors the company network 24 hours a day to prevent external attacks and unauthorized access.

Strict check of internal environment

We monitor not only external terminals but also internal terminals and networks 24 hours a day, 365 days a year.

Strict identity verification

After registering your account and after any significant changes, we ask you to submit official identity verification materials (driver's license, passport, etc.) for strict identity verification.

Account lock function

If you enter an incorrect password more than a certain number of times when logging in, your account will be locked.

Automatic timeout function

After logging in, if there is no operation for a certain period of time, you will be automatically logged out.

About Support Services

At Bitterz, we are striving not only to enhance our services and transaction system, but also to enhance our customer support.

Our support team is natively fluent in Japanese, English, Chinese, Taiwanese and Korean.

In addition, our support center has Japanese staff, staff from English-speaking countries, and native staff who can speak Chinese, Taiwanese, and Korean, so we can respond promptly from trivial inquiries to troubleshooting. Is possible.

For inquiries, we basically ask by e-mail, but if we judge that it is difficult to respond by e-mail, we will also do it by phone or Skype.

We accept 24 hours a day, but we will respond to you within our business hours, so it may be difficult to respond within 24 hours depending on the content of your inquiry.Please note that in advance.
* Business hours: 10-17 o'clock on weekdays, Japan time

If you have any questions, please feel free to contact us.

The FAQ page also summarizes frequently asked questions.We would appreciate it if you could check it before making an inquiry.Click here for FAQ (Frequently Asked Questions)

For information regarding "two-step verification cancellation" and "IB partner", please use the inquiry form.Contact us

For other matters, please use the "Question Form" on My Page after registration.Click here for the question form

Leverage and Margin

Leverage is variable.

There are three currency types for your account: USD / JPY / BTC.
The leverage provided will vary depending on the total amount of unrealized gains and losses including account balance, bonus credits and swaps.

Unrealized gains / losses including account balance + credit + swapLeverage
BTC / USD accountJPY account
Less than $ 25025,000 less than circlex888
$ 250 or more – less than $ 50025,000 yen or more – less than 50,000 yenx500
$ 500 or more – less than $ 1,00050,000 yen or more – less than 100,000 yenx400
$ 1,000 or more – less than $ 2,000100,000 yen or more – less than 200,000 yenx300
$ 2,000 or more – less than $ 3,000200,000 yen or more – less than 300,000 yenx200
$ 3,000 or more – less than $ 5,000300,000 yen or more – less than 500,000 yenx100
$ 5,000 or more – less than $ 10,000500,000 yen or more – less than 1,000,000 yenx50
$ 10,000 or more – less than $ 20,0001,000,000 yen or more – less than 2,000,000 yenx25
$ 20,000 or more2,000,000 yen or morex5
  • For BTC accounts: Convert to USD at the rate of judgment timing, and the leverage will be changed if the conditions of USD are met.
  • For USD accounts: Leverage will change if USD conditions are met.
  • For JPY account: Leverage will be changed if the conditions of JPY are met.
  • Leverage will only increase if you do not have a position.
  • Leverage will decrease even when you hold a position.
    (When the leverage drops, the appropriate leverage is prioritized so that the margin maintenance rate is 200% or more, rather than the above amount conditions.)
  • Leverage may be limited depending on the judgment of the cover destination.
  • The demo account will only be leveraged 888 times.
  • About limited accounts
    If the cumulative profit + unrealized profit is 500,000 JPY (JPY account) or 5,000 USD (USD account) or more, it will be compulsory settlement.
    Limited accounts may be frozen or deleted if there is no payment (transfer of funds to the limited account) within one week or more after opening the account.
    Funds cannot be transferred if the balance of MT5 (limited account) exceeds 100,000 JPY (JPY account) or 1,000 USD (USD account).
    If you transfer funds from the Bitterz wallet to MT5 (limited account), you will not be eligible for the deposit bonus.
    If you transfer funds from MT5 (regular account) to MT5 (limited account), you will not be able to transfer the bonus amount and the bonus will disappear.
    Limited accounts are not eligible for bonuses. (No deposit bonus or account opening bonus will be given.)
Margin call, automatic stop-loss

In order to protect the assets of our customers, if the margin maintenance rate falls below a certain value, we will carry out margin call and loss cut processing.

If the margin maintenance rate falls below 150%, we will make a margin call.
If the margin maintenance rate falls below 100%, we will make a compulsory settlement (loss cut).

Reliable zero cut processing

Due to sudden price fluctuations, the loss cut may not be in time and you may lose more than your account balance (margin).

We have adopted a zero cut system, so even if your account balance becomes negative, we will offset it with the bonus grant (within about 60 minutes).
In addition, even for customers who have not received the bonus, we will reset the account balance to 0 yen and respond (within about 60 minutes).

You can use leveraged transactions with peace of mind because margins that exceed your assets will not be generated.

About transfer of funds to MT5 account subject to zero cut processing

After closing all the positions, please check that the balance of your MT5 account is 0 and then proceed with the transfer of funds.
Please note that if you transfer funds from your wallet to your MT5 account while holding a position or not completing the zero cut process, it will be reflected in the negative balance as it is.

Swap points

Currency pairsBuy swapSell ​​swap
BTCUSD2028
BTCEUR1723
BTCJPY2129
BCHUSD-102-102
BCHEUR-83.5-83.5
BCHJPY-105.05-105.05
ETHUSD-209-209
ETHEUR-172-172
ETHJPY-215.95-215.95
LTCUSD-36.58-36.58
LTCEUR-29.5-29.5
LTCJPY-377.5-377.5
XRPUSD-170-170
XRPEUR-141.5-141.5
XRPJPY-200-200
EURJPY-5-3
EURUSD-8-0.9
USDJPY-2.04-8
  • Swap points are automatically calculated daily at midnight server time and are credited or withdrawn to your trading account.
  • The above swap points are the past average values.
    For the swap points that actually occur, please check the swap item of MT5.

Deposit / withdrawal method

When depositing in virtual currency

Prepare virtual currency

With our Bitterz, you can deposit in virtual currencies: BTC / ETH / USDT / USDC.
If you do not have the above virtual currency, please use another company's service and prepare the virtual currency in advance.

* For ETH depositsPrecautionsPlease check there.

My Page Deposit Page

Please open the deposit page on My Page.

Select a deposit method

Select the applicable virtual currency from "BTC / ETH / USDT / USDC".

About ETH / USDT / USDC deposit

When depositing ETH / USDT / USDC for the first time, you need to create a wallet for each currency.

Click the "Create Wallet" button to create it.

* It takes about 10 minutes to complete the creation.

We will notify you by email when the wallet has been created.

* ETH / USDT / USDC wallet is for deposit only.
Funds cannot be transferred from wallet to wallet or from MT5 account to wallet (ETH / USDT / USDC).

Send virtual currency to the deposit address

Please send the virtual currency to the deposit address of the Bitterz wallet.

About deposit address

Please check the deposit address on the deposit page of My Page.

Please read the QR code on your smartphone or tablet, or copy the deposit address provided.
Please send money to the Bitterz wallet from an external wallet such as another company's service.

Precautions regarding ETH deposit

There are two types of ETH remittance methods: "direct remittance" and "remittance via smart contract".
For remittances via smart contracts, we will need to manually reflect them.

Sorry for your inconvenience when depositing via smart contract,
About the following contents Customer supportPlease contact us.

Contact details
・ ETH deposit transaction ID (TXID)

* Please note that it may take some time before it is reflected in your assets because it needs to be reflected manually.

How to check the type of ETH remittance

There are two ways to check whether the ETH remittance by the external service you are using is "direct remittance" or "remittance via smart contract".

・ Contact other companies' services to be used
Please check whether it is "direct remittance" or "remittance via smart contract" to the support of other companies' services used for remittance.

・ Customer's own confirmation method
If you enter the ETH transaction ID (TXID) on the following site, you can check whether it is "direct remittance" or "remittance via smart contract".
https://etherscan.io/

1. Enter the ETH transaction ID (TXID) in the search window to search

2. If you see the word "Contract", you can send money via smart contract.

The minimum deposit amount is as follows.
BTC: 0.0001 BTC
ETH: 0.01 ETH
USDT: 10 USDT
USDC: 10 USDC

Please remit only the applicable virtual currency to the deposit address.
In the unlikely event that you send another virtual currency or send it to the wrong address, you may lose your funds.
In that case, we will not accept any refunds, so please check the remittance address carefully before remittance.

ERC20 tokens other than USDT (Tether) and USDC (USD Coin) are not supported.
If you send the money by mistake, we will not be able to return it at all, so please check carefully before sending the money.

In addition, due to the nature of security and blockchain, it may take some time before it is reflected in your assets.

Payment completed

When the money is sent from the external wallet and the payment to the Bitterz wallet is completed, you will receive an email notifying you that the payment has been completed.
Please check the contents of the email and the asset status and payment history on My Page.

For credit card deposit

1. Identity verification

To use credit card payment, we ask you to verify your identity (submit your ID and perform additional authentication).
If you haven't verified your identity yet, please verify your identity on My Page.Identity verification now

Please refer to the following page for the method of identity verification.
About submission of ID

2. Credit card application

To use credit card deposit, you need to register your credit card in advance.
Please submit your card information from the credit card application on My Page.Credit card application

Accepted credit cards

The following credit cards are accepted.

JPY payment is possible

USD payment is possible

Submission of credit card information

Please enter various information about the card and upload the card image (table).

  • card number
  • expiration date
  • Card name
  • Upload card image (table)

Credit card approval

The card you applied for will be displayed in the credit card list.
After applying for a credit card, our staff will confirm the submitted contents.
When the status becomes "Approved", you can use it for credit card deposit.

3. Credit card deposit

My Page Deposit Page

Please open the deposit page on My Page.

Selection of deposit method

Select "Credit Card".

Selection of payment currency

Please select whether to settle in "JPY" or "USD".
* Currencies that can be settled differ depending on the credit card company.

Card number selection

You can choose an approved credit card by applying in advance.

Enter security code

Please enter your credit card security code.

About security code

Refers to the "3 or 4 digit" number printed on the back or front of your credit card.
The display location, number of digits, and name differ depending on the card company.

Enter payment amount

Please enter the amount you want to deposit.
Deposits to the Bitterz wallet will be in BTC (bitcoin).
Please check the displayed "Converted BTC amount".

Confirm / deposit

On the confirmation screen, please confirm that the information you have entered is correct.
If you like, please click the deposit button.

It may take some time for the payment to be completed.
* Please be careful not to click twice or three times in a short time.

Payment completed

When the credit card payment process is completed normally, you will receive an email from each card company regarding the payment completion.
* The payment completion email will differ depending on each card company.Please check with each card company for details.

Please check the contents of the email and the asset status and payment history on My Page.

* A fee will be charged for credit card payments.Please be aware of this before proceeding.

Also, please note that one of the following companies will be listed as the billing source on your credit card invoice.

For JPY settlement
・ V Payment 03-6910-4892
・ HSI-050-3631-6559
・ International-etranslateme.com05037865481
・ Cardsservice.com

For USD payment
・ TREND SERVER HOSTING INC
・ LIGHT SERV

How to register!

Visit the sitedeath【Open an account now] Click

② You will be taken to the page for opening a new account, so enter your country, name, email address, and password, check that it is not a robot, and click the [Register as a new member] button.

③ You will receive an email like the one in the image below. Click the [Registration Complete] button to complete the registration.
You can log in with the login information you set earlier, and membership registration will be completed.

How to receive 1 yen worth of registration benefits

① It is necessary to perform KYC (identity verification) after registration is completed.
First of all, you need to open a real money account, so add a trading account on My Page after logging in.
No matter which account type you choose, you will get a bonus equivalent to 1 yen.Choose something that is easy for you to understand (easy to trade)Click the [Add] button.

Bakara-chan

You can add an account later so you don't have to think deeply!
BTC and USD are fine for those who are accustomed to it, but I think JPY is easier for those who are not accustomed to it and beginners!

② Then, you will receive the following e-mail after a while, and when it arrives, the opening is complete.
Check if an account has been added from My Page.

③ Next, in order to verify your identity, click [Submit ID] on the left menu and perform KYC (identification) on a page like the image below.
If you have a driver's license, your ID will be a 12-digit number.

④ Press the submit button, and if there is no problem, a display like the image below will appear.

⑤ Then, you should have received an e-mail saying [Request for additional authentication]. Click the link in the e-mail, show your face with a camera such as a smartphone, and go around to complete the 3D scanning. (It will end soon)

⑥ If there is no problem, the following image will be displayed, so the process is complete.
Wait for the approval notice.

If you are notified of approval, you should be able to confirm that the bonus of 1 yen is reflected in your account.

Thank you for your hard work!

First of all, let's aim for a positive balance of 10 with a bonus!

Bakara-chan

Fortunately, I made a profit of nearly 9 w
9 wins are hot without deposit lol

Bonus MT5 setting method

How to set MT5

Bakara-chan

Those who have successfully registered and received registration benefits will install and set up MT5 and try to actually make a transaction!
First of all, log in to My Page and there is an item called [MT5 Download] at the bottom, so let's download and install the OS and media you trade.
I will explain with the Windows version of the PC, but the flow is the same for all devices.

① When the installation is completed and MT5 is opened, it will open like the image below, so press the login button in File → Trading Account.

② Then, the following login screen will appear. Enter the following information based on the information on My Page.
Login: Enter your 6-digit account ID
Password: Enter the initial password
Server: Bitterz-Live

③ If the information is correct, you should be able to confirm your login in about 5 to 15 seconds.
It is OK if the balance is displayed at the bottom as shown in the image below.
Thank you for your hard work!

Things to check if you can't log in

Bakara-chan

If you can't log in, check the following items.

① Check if you are connected to the internet.

② Make sure that your login information is correct.Make sure you haven't changed your password or entered the user's ID in the login section instead of the account ID!
Is it okay if there are spaces in the copy and paste, or if the case is wrong?

③ Isn't the server selected for the demo?Select [Bitterz-Live] as the server.

Bakara-chan

Most of the time, these inadvertent mistakes are the cause.
It's definitely not wrong and I'm connected to the internet but I can't log in! !! !!It may be the quickest way for people to ask support.
Support is quick, so if you're in a confused state, let's contact us!

Saito

In the case of BTC, 1 lot is 1 BTC.
For example, if you buy BTC / JPY in a quantity of 0.01 and Bitcoin goes up by 10, you will get a profit of 1000 yen.

end!

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