Most crypto exchanges are just trading platforms. You buy, sell, check charts, and that’s it. But EarnBit does something different-it lets you stream your trades live while you trade. No switching apps. No separate Twitch channel. Just you, your screen, and your audience-all inside the exchange. It sounds like a gimmick. But for people trying to learn trading by watching others, it might be the real deal.
What Makes EarnBit Different?
EarnBit launched in 2022 and isn’t trying to beat Binance or Coinbase in volume. It’s targeting a small but growing crowd: traders who want to teach, and learners who want to watch real trades happen in real time. The platform combines spot trading with built-in video streaming. That’s it. No futures. No options. No margin. Just spot trades on 31 coins and over 150 trading pairs.
The core of EarnBit is its EBT token. You earn it by streaming, watching, or participating in their Learn & Earn campaigns. Streamers get paid in EBT based on viewer engagement. Viewers get free education without ads or paywalls. It’s a closed loop: the more people watch, the more streamers get rewarded, and the more content gets created.
It’s not just about broadcasting. EarnBit has leaderboards that rank top streamers by viewership and trading accuracy. Some users say they’ve landed freelance teaching gigs just from being on the EarnBit leaderboard. That’s not something you get on Binance.
Trading Experience: Simple, But Limited
If you’re used to advanced order types, EarnBit will feel barebones. You get market, limit, and stop-limit orders. That’s it. No iceberg orders. No OCO. No grid bots. The interface is clean, but it’s designed for beginners and casual traders, not institutions.
Fees are capped at 0.15% for both makers and takers. That’s competitive. Binance charges 0.1%, Coinbase charges up to 0.6%. EarnBit’s fee isn’t the cheapest, but it’s fair for what you get.
The trading volume? Around $16 million in 24 hours as of late 2023. Compare that to Binance’s $54 billion, and you’ll see EarnBit is tiny. That means slippage on larger orders-especially on lesser-known altcoins. If you’re trading more than $5,000 at once on a low-liquidity pair like IMX/USDT, you’ll notice price jumps.
They support major coins: BTC, ETH, SOL, ADA, XRP, DOGE, TON, DOT, and stablecoins like USDT and EURT. But with only 31 coins, you’re missing out on hundreds of newer tokens you’d find on other exchanges. If you’re into niche DeFi coins, EarnBit isn’t for you.
Security: Basic, But Not Transparent
EarnBit says it uses multi-layer security, cold storage, and continuous monitoring. That’s standard boilerplate. They don’t publish proof of reserves. No third-party audit reports. No transparency dashboard. That’s a red flag for experienced users.
The platform is registered in St. Vincent & the Grenadines-a jurisdiction known for light regulation. Their parent company, EarnBit LLC, is based in Lithuania, which has better crypto rules under MiCA. But the legal structure is unclear. You’re trusting a company with no public regulatory license, like a Coinbase or Kraken holds.
Their Android app has 500+ downloads on Google Play. That’s not a lot. And there are zero reviews on Trustpilot, CoinGecko, or Reddit. No verified user feedback. That’s unusual for a platform that’s been around since 2022.
Live Streaming: The Real Hook
This is where EarnBit either shines or crashes.
Setting up a stream is simple. Click ‘Go Live’ while trading. Your chart, order book, and trade history auto-feed into the broadcast. Viewers see exactly what you see. You can talk over it. You can pause, replay, or highlight trades. No third-party software needed.
Some users report it’s great for learning. One trader said he watched a streamer buy ADA at $0.38 during a dip, then saw the same person sell at $0.45 two hours later. He did the same trade the next day and made a 12% profit. That’s real-time education-no YouTube tutorial, no paid course.
But there are issues. During high volatility, the stream sometimes lags behind trades. One Reddit user (unverified) mentioned his buy order executed at $1,200, but the stream showed $1,198. That kind of delay can mislead viewers. And if you’re streaming while trading, you’re distracted. It’s hard to focus on charts and talk at the same time.
Customer support is available 24/7 via email and phone (+1 832-553-0711). But there’s no live chat. Response times vary. Some users wait 12 hours for replies during weekend market moves.
Mobile App and Accessibility
The Android app works fine. Needs Android 8.0 or higher. No iOS version yet. That’s a big limitation. If you’re an iPhone user, you’re out of luck. The app lets you buy crypto with fiat (via bank transfer or card), trade, and stream-all in one place.
KYC is required. You need a government ID and a selfie. It’s not instant. One user reported it took 48 hours to get verified. That’s slow compared to exchanges like Kraken, which auto-verifies many users in minutes.
Who Is EarnBit For?
EarnBit isn’t for everyone. Here’s who it works for:
- Beginner traders who learn by watching others
- Content creators who want to monetize trading knowledge
- Small investors who trade under $1,000 per trade
- People who like community and real-time interaction
Here’s who should skip it:
- High-frequency traders-no advanced tools
- Large investors-low liquidity = bad slippage
- iOS users-no app yet
- Security-focused users-no audits, no transparency
- Altcoin hunters-only 31 coins
The Bigger Picture: Niche or Future?
EarnBit is trying to merge two industries: crypto trading and live streaming. It’s a bold idea. Twitch has millions of viewers. YouTube has billions. But neither lets you trade directly from the stream.
Think of it like TikTok Shop-but for crypto. You watch someone trade, you click a button, you do the same trade. No middleman. No delay.
But it’s still early. With only 21,000 registered users, EarnBit hasn’t hit critical mass. If no one’s streaming, there’s nothing to watch. If no one’s watching, streamers leave. It’s a chicken-and-egg problem.
They’re trying to fix it with EarniFi-educational campaigns that reward users for completing lessons. That’s smart. But it’s not enough. They need big-name traders to join. If someone like CryptoCred or Coin Bureau started streaming on EarnBit, the platform could explode.
Right now, it’s a quiet experiment. Not a threat to the giants. But if they solve the lag issues, get iOS support, and attract serious streamers, this could become the go-to place for crypto education.
Final Verdict
EarnBit is not a replacement for Binance or Kraken. But it doesn’t need to be. It’s a tool for a specific use case: learning and teaching crypto trading through live video.
If you’re a beginner who learns by watching, and you want to try streaming your own trades, EarnBit is worth testing. The interface is simple. The EBT token rewards are real. And the concept is unique.
But if you’re serious about trading larger amounts, need deep liquidity, or care about regulatory trust, stick with established exchanges. EarnBit is a side project with potential-not a primary platform.
Try it with $50. Stream once. See if it clicks. If it does, stick around. If it feels clunky or pointless, move on. There’s no harm in experimenting.
Is EarnBit safe to use?
EarnBit uses standard security practices like cold storage and monitoring, but it doesn’t publish proof of reserves or third-party audit reports. It’s registered in St. Vincent & the Grenadines, which has light regulation. It’s not as transparent as exchanges like Kraken or Coinbase. Use it for small trades only, and never store large amounts long-term.
Does EarnBit have a mobile app?
Yes, but only for Android. The app is available on Google Play and supports trading, buying crypto with fiat, and live streaming. There is no iOS app yet, which limits accessibility for iPhone users.
What coins can I trade on EarnBit?
EarnBit supports 31 cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Cardano (ADA), Ripple (XRP), Dogecoin (DOGE), Toncoin (TON), Polkadot (DOT), and stablecoins like USDT and EURT. It has over 150 trading pairs, but lacks many newer or niche altcoins available on larger exchanges.
How much does EarnBit charge in trading fees?
EarnBit charges a maximum fee of 0.15% for both makers and takers. This is competitive with industry standards-lower than Coinbase’s 0.6% for basic trades, but slightly higher than Binance’s 0.1%. Fees are flat and don’t vary based on volume.
Can I make money streaming on EarnBit?
Yes. EarnBit rewards streamers with EBT tokens based on viewer count, engagement, and trading accuracy. Top streamers appear on leaderboards and can earn significant amounts over time. Some users report earning enough EBT to cover their trading fees or even turn a small profit. But it requires consistent streaming and building an audience.
Is EarnBit better than Binance or Coinbase?
No-not for trading. Binance and Coinbase have far higher liquidity, more coins, better security transparency, and global regulatory compliance. EarnBit’s only advantage is its live streaming feature. If you want to learn trading by watching others, EarnBit is unique. If you want to trade large amounts or use advanced tools, stick with the big players.
Why doesn’t EarnBit have an iOS app?
The company hasn’t released an iOS version yet. It’s likely due to development priorities-focusing on Android first, where user acquisition is cheaper and faster. Many crypto apps start with Android because of easier publishing and lower approval barriers. An iOS version may come later, but there’s no official timeline.
Are there any hidden risks with EarnBit?
Yes. The biggest risk is low liquidity on many trading pairs, which can cause slippage. Also, the platform has no public audits, no regulatory license, and minimal user reviews. There’s also a risk that the streaming feature doesn’t gain traction-if no one watches, the EBT rewards dry up. It’s a high-risk, high-reward experiment.
Comments
3 Comments
Meenakshi Singh
This is actually kinda genius. I watched a streamer buy SOL at $148 and sold at $155 in 20 mins. I did the same. Made $87. No course. No guru. Just real-time learning. 🚀
Paul Johnson
Why do people think streaming trades is smart you literally just give away your strategy to every bot and rug pull artist out there. This is why crypto is dying. No discipline. Just vibes and livestreams lol
Kelley Ramsey
I know it sounds weird, but I actually learned more watching 3 streams on EarnBit than I did from 6 months of YouTube videos. The way people explain their stop-losses in real time? Gold. I’ve started streaming myself-and yes, it’s terrifying, but so worth it. 💪
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