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Allbit Crypto Exchange Review 2025: Fees, Security & Usability
Allbit Trading Fee Calculator
Maker Fees
0.12%
StandardTaker Fees
0.18%
StandardFee Breakdown
Based on your inputs, your estimated monthly trading costs would be:
- Maker Orders: $60 per month
- Taker Orders: $90 per month
These estimates assume average trading activity across 30 days. Actual fees may vary based on market conditions and trading patterns.
About Allbit's Fee Structure
Allbit uses a maker-taker model with competitive rates:
- Standard maker fees: 0.12%
- Standard taker fees: 0.18%
- With ABT staking (10,000+ tokens): maker fees reduce to 0.08%, taker fees to 0.12%
Tip: Staking ABT tokens can significantly reduce your trading costs if you're a frequent trader!
When you’re hunting for a platform to trade Bitcoin, Ethereum or any of the altcoins buzzing on the market, the first thing you check is the Allbit crypto exchange - but does it deliver on speed, safety and cost? Below we break down everything you need to know, from who runs the site to how it protects your money.
Quick Take
- Founded in 2020, Allbit holds a European crypto‑exchange license and reports a daily volume of ~$1.2bn.
- Supports 120+ assets, with fiat on‑ramps for GBP, EUR and USD.
- Trading fees start at 0.12% maker / 0.18% taker; discounts via native token staking.
- Security stack includes 2FA, cold storage for 95% of funds, regular audits and DDoS mitigation.
- Customer support is 24/7 chat, but email response can take 24‑48hours.
What is Allbit?
Allbit is a cryptocurrency exchange launched in 2020 that offers spot trading for over 120 digital assets, plus fiat deposits in GBP, EUR and USD. Headquartered in London, the platform operates under the European Union’s Fifth Anti‑Money‑Laundering Directive (5AMLD) and holds a license from the UK Financial Conduct Authority (FCA). The leadership team combines fintech veterans from firms like Revolut and Binance, aiming to blend institutional‑grade security with a retail‑friendly UI.
Supported Cryptocurrencies & Trading Pairs
Allbit lists 122 coins, ranging from Bitcoin (BTC) and Ethereum (ETH) to newer DeFi tokens such as Uniswap (UNI) and Solana (SOL). The exchange focuses on high‑liquidity pairs, offering BTC/GBP, ETH/USD, and stablecoin‑to‑fiat routes that keep slippage low for everyday traders.
Fee Structure Explained
Allbit follows a maker‑taker model. Makers (limit orders that add liquidity) pay 0.12% per trade, while takers (market orders that remove liquidity) pay 0.18%. Fees drop to 0.08%/0.12% for users who stake the native Allbit Token (ABT) at a 10,000ABT threshold.
Deposit fees are free for crypto, while fiat deposits via bank transfer incur a £1.00 charge. Withdrawals cost 0.0005BTC for Bitcoin, 0.005ETH for Ethereum, and a flat €5 for EUR fiat, with a minimum of $10 for other assets.
Security Features You Should Expect
Security is the backbone of any reputable crypto platform. Allbit’s approach lines up with industry best practices:
- Two‑factor authentication (2FA) via Google Authenticator or SMS is mandatory for withdrawals and IP‑address changes.
- Cold storage holds roughly 95% of user assets offline, insulated from online attacks.
- Security audits are performed quarterly by the blockchain‑security firm CertiK, with public reports available on the Allbit blog.
- DDoS protection leverages Cloudflare Spectrum and a dedicated traffic‑scrubbing service to keep the platform online during spikes.
- Real‑time monitoring flags anomalous login attempts, and users receive email alerts for any new device sign‑ins.
- Withdrawal whitelist enables users to pre‑approve crypto addresses, preventing rogue withdrawals.
The exchange also complies with AML/CFT regulations:
- AML/CFT compliance is enforced through automated transaction monitoring and KYC verification that checks passports, proof of address and source‑of‑funds documentation.
User Interface and Mobile Experience
The Allbit web dashboard follows a clean, dark‑theme layout. The trade window displays price charts powered by TradingView, while the order book and recent trades are refreshed every 500ms. The mobile app (iOS15+ / Android12+) mirrors the desktop experience, offering push notifications for price alerts, order fills, and security events.
Customer Support & Community
Support is reachable via live chat 24/7 and a ticket system. Average chat response time sits at 1‑2minutes, but email tickets can stretch to 48hours during high volume periods. Allbit also runs an official Telegram group moderated by staff, where users share tips and report bugs.
Pros & Cons at a Glance
| Pros | Cons |
|---|---|
| Regulated under FCA, strong compliance framework. | Higher fiat withdrawal fees compared to some rivals. |
| 95% cold‑storage, quarterly security audits. | Customer support email response can be slow. |
| Competitive maker‑taker fees; discounts for ABT staking. | Limited margin and futures products. |
| Extensive fiat on‑ramps for GBP/EUR/USD. | Interface can be overwhelming for absolute beginners. |
How Allbit Stands Against the Competition
| Feature | Allbit | Industry Standard |
|---|---|---|
| Regulatory License | FCA (UK) & EU MiCA pending | Varies; many operate unlicensed |
| Cold‑Storage Ratio | 95% | 80‑90% |
| 2FA Requirement | Mandatory for withdrawals | Optional on many platforms |
| Quarterly Audits | Yes (CertiK) | Rarely disclosed |
| Trading Fees (Maker) | 0.12% (0.08% with ABT) | 0.15%‑0.20% |
| Fiat Deposit Cost | Free (bank transfer) | Usually $1‑$5 |
Final Verdict
If you value regulation, transparent security practices and a fee structure that rewards token holders, Allbit checks most of the boxes. Its biggest drawbacks are the occasional lag in email support and slightly steep fiat withdrawal fees for large sums. For traders focused on spot markets and who prefer a UK‑based regulator, Allbit is a solid choice in 2025.
Frequently Asked Questions
Is Allbit licensed to operate in the UK?
Yes. Allbit holds a registration with the Financial Conduct Authority (FCA) and complies with the UK’s anti‑money‑laundering rules.
What security measures protect my funds?
Allbit uses mandatory two‑factor authentication, stores 95% of assets in offline cold wallets, runs quarterly security audits, and provides withdrawal whitelists and IP restrictions.
How do I lower my trading fees?
Staking the native Allbit Token (ABT) at the 10,000‑token level reduces maker fees to 0.08% and taker fees to 0.12%.
Can I trade on Allbit from my mobile phone?
Yes. Allbit offers native iOS and Android apps that mirror the web platform, complete with charting, push alerts and secure login.
What fiat currencies are supported for deposits?
GBP, EUR and USD can be deposited via bank transfer at no charge.
Jason Brittin
October 1, 2025 AT 03:09All right, so Allbit looks slick, but if you’re expecting free lunches, you’ll be disappointed. 🤔 The fee discounts for staking ABT are decent, yet the 0.12% maker fee isn’t exactly a bargain for casual traders. Still, the FCA licence does give a veneer of safety – nice touch for those who love paperwork. Overall, solid enough if you don’t mind the occasional chat‑support wait. 😎
Amie Wilensky
October 3, 2025 AT 13:35Indeed-Allbit’s regulatory compliance is commendable; however, one must question the efficiency of its customer‑service protocols, especially given the 24‑48‑hour email turnaround; moreover, the fee structure, while competitive, could benefit from greater transparency regarding hidden costs; finally, the platform’s UI, albeit functional, may overwhelm newcomers, wouldn't you agree???
MD Razu
October 6, 2025 AT 00:02Allbit certainly positions itself as a regulated venue, yet the reality of its fee schedule reveals a tiered system that rewards token stakers over casual participants. While the maker‑taker split aligns with industry norms, the incremental discount for staking ABT introduces an extra decision layer that some may find unnecessary. The security architecture, featuring mandatory 2FA and a 95% cold‑storage ratio, satisfies most compliance checklists, but any breach would still erode confidence. The live chat support impresses with sub‑minute response times, contrasting sharply with the slower email replies that can stretch to two days. Fiat on‑ramps for GBP, EUR, and USD broaden accessibility, though the flat £1 deposit fee is a minor inconvenience. Withdrawal fees remain proportional, yet the flat €5 charge for EUR withdrawals may sting larger transfers. The platform’s UI, built on a dark theme, offers a clean aesthetic, though the overload of trading pairs can be disorienting for newcomers. Their quarterly Audits by CertiK provide an external validation, yet the reports are brief and lack granular detail. For seasoned traders, the absence of margin or futures products limits the exchange’s appeal. Community engagement via Telegram is active, but moderation is sometimes lax, allowing misinformation to circulate. Overall, Allbit offers a balanced package, but its value proposition hinges on the user’s willingness to stake ABT and tolerate the occasional service delay.
Charles Banks Jr.
October 8, 2025 AT 10:28Wow, another exchange promising “institutional‑grade security” while still using a chatbot that says “please hold”.
Ben Dwyer
October 10, 2025 AT 20:54If you’re just starting out, focus on staking the ABT token to shave a few basis points off your fees-it’s a simple way to improve your bottom line without adding complexity.
Lindsay Miller
October 13, 2025 AT 07:20I get why the cold‑storage percentage matters; knowing 95% of assets sit offline can really ease the mind of someone new to crypto.
Katrinka Scribner
October 15, 2025 AT 17:46omg this exchange looks sooo good!! but the fee stuff is kinda confusing lol 😂 i wish they had a simple tutorial for newbies!!!
VICKIE MALBRUE
October 18, 2025 AT 04:12Allbit is a solid choice for steady growth.
Waynne Kilian
October 20, 2025 AT 14:38Hey folks, let's keep the convos chill – Allbit's security seems ok but we should still double‑check the audit reports, you know?
Naomi Snelling
October 23, 2025 AT 01:05Just a heads up – those “regular audits” could be a front, especially with the recent surge in crypto‑exchange hacks; keep your keys offline.