Currencies: 186 (152 fiat & 34 crypto) Countries: 255 PSs & Banks: 325 Exchanges: 307 Offers:
BTC/USD:

BitCoin24 review & testimonials (updated 11.2019)

BitCoin24 user interface: the home page in English

What is BitCoin24 in a nutshell? It's recently added to our monitoring, well established, promising exchange service (broker) supporting 1 cryptocurrency: you can buy and sell coins using 1 fiat currency (4 banks & payment systems are supported). Exchange service started the business May 2016, it serves the clients for a few years.

The exchange charges very high fees: 5% — 9% (according to our statistics, 92% exchanges offer lower average fee) and has medium buying limits: $21 — $2,306 (in accordance with the statistics we've collected, 80% exchanges have higher order limits). This Broker welcomes customers from 255 countries (including your country: United States!). It serves the US and allows registrations from all the 56 states and territories. Unfortunately we couldn't yet collect enough data about the order processing speed from the customers of BitCoin24, although according to the information from the exchange itself, order processing is automated and should be instant. You won't need to verify your account to use the services of the Broker, BitCoin24 accepts and welcomes anonymous customers!

Since 2016, BitCoin24 is working hard to get great testimonials from the users. Although, since this Broker was recently added to our price comparison platform, we have no user reviews yet. Maybe you can help? If you have any experience dealing with BitCoin24, can you please leave your testimonial? It will surely be a great help for us and all the community, thanks!

Based on all these facts, our verdict is the following: BitCoin24 is a promising, although not yet reviewed much by our visitors place to buy and sell Bitcoins, an interesting exchange that we believe will get some nice feedback soon!

Overview: is BitCoin24 safe?

BitCoin24 is the Broker; exchange started the business May 2016. Unfortunately, there is not much information available about the company doing business as BitCoin24, etc.

Answering the question how safe is BitCoin24:

We are sorry, our platform has't yet collected enough data, but you can help! We know fairly much about this Broker (please continue reading), but our policies require to collect more testimonials from the users of BitCoin24 to draw a conclusion. Do you have any experience dealing with this service? Please add your feedback, this will be a great help! Or maybe you know someone who does? Kindly ask him/her to tell us about it here! We really appreciate your participation.
Time in the business: 3 years 6 months
Business model: no information available

Overall rating for BitCoin24: N/A

Pros & Cons of BitCoin24

Although BitCoin24 is not yet rated by our visitors, there probably are many downsides that people don't like, but there also should be strong sides. Who knows, maybe for you, our dear visitor, these are most important and you'd consider this exchange as one of the best ones. Let's check it out:

  • BitCoin24 allows anonymous customers, there is no verification required for all the exchange directions.
  • Almost all the countries in the world are welcomed here! Feel free to check if your country is allowed to register an account.
  • Seems that the exchange operates without any business licenses, etc.
  • Only 1 digital currencies and 1 fiat ones are supported. 4 payment systems and banks are supported: Visa & Mastercard, Any Local Bank, Privat24, etc. Another downside is that this exchange does't allow crypto-to-crypto swaps.
  • The fees are rather high.

Unfortunately there are more cons that pros. But this doesn't mean the BitCoin24 is a bad Broker! You should check the list and decide, which of these pros are cons are most important for you. Try BitCoin24 today and let us know how you like it!

Services, BitCoin24 Provides

The platform provides the following cryptocurrency exchange-related services:

  • Allows the customers to buy cryptocurrencies with fiat currencies
  • Provides the clients with ways to "cash out" the crypto to fiat currency

As we can see, BitCoin24 doesn't provide any services besides the cryptocurrency exchange, althought it's definitely not a bad thing; after all, we came here for the crypto exchange, right?

Currencies & Payment Systems

BitCoin24 provides the service of buying and selling 1 digital currencies using fiat currencies. The following cryptocurrencies are available to buy/sell: Bitcoin (BTC).

If you are not sure, which one of these electronic currencies you are most interested in, you are welcome to read our guides. For example, these: Cryptocurrencies under $1 to invest in 2019.

1 fiat currencies are supported to provide crypto purchase and selling: Ukrainian Hryvna (UAH). The Broker will let you buy and sell Bitcoins using the following payment systems:

  • Visa & Mastercard. An international payment system (available worldwide) allowing credit/debit cards payments in various currencies. Just the UAH payments are available for both buying and selling cryptocurrencies at this exchange. Visa & Mastercard is a popular way to buy BTC and other cryptocurrencies available at 78 exchanges of various types. You are welcome to find the best rate for buying bitcoin with visa & mastercard at our home page!
  • Any Local Bank. An universal payment method, allowing payments from/to all the banks in various currencies. BitCoin24 has options to use local bank transfers in the Ukraine. Just the UAH payments are available for both buying and selling cryptocurrencies at this exchange.
  • Privat24. A local bank (serving Ukraine) in various currencies. Just the UAH payments are available for both buying and selling cryptocurrencies at this exchange.
  • Monobank. A local bank (serving Ukraine) in Ukrainian Hryvna currency. Just the UAH payments are available for both buying and selling cryptocurrencies at this exchange.

BitCoin24 fees

The fees you need to pay at this broker during the process of buying and selling cryptocurrencies are easier to understand if you break it down like that (note that you can skip the details, jumping to the conclusion):

  1. Service/processing fee. Depending on the fiat payment system and currency, it's as follows:
    • 9% when you pay money using Any Local Bank in Ukrainian Hryvna.
    • 5% when you are receiving funds to Any Local Bank in Ukrainian Hryvna.
    • 9% when you pay money using Monobank in Ukrainian Hryvna.
    • 5% when you are receiving funds to Monobank in Ukrainian Hryvna.
    • 9% when you pay money using Privat24 in Ukrainian Hryvna.
    • 5% when you are receiving funds to Privat24 in Ukrainian Hryvna.
    • 9% when you pay money using Visa & Mastercard in Ukrainian Hryvna.
    • 5% when you are receiving funds to Visa & Mastercard in Ukrainian Hryvna.
  2. Miners fee. Please note that this fee applies only when you buy bitcoin or other cryptocurrency!
    • 0 BTC: great news! at the moment there is no such a fee!

Are BitCoin24 fees high or low?

Now it's time to draw a conclusion: BitCoin24 charges a very high fees. According to our statistics, fairly big percent of the exchanges charge some less (although please be aware that it mostly depends on the exchange direction!) than BitCoin24 does. For example, an average fee you pay to buy Bitcoin with Visa & Mastercard in UAH across various exchange brokers, trading platforms, p2p marketplaces and e-wallets is 6%, BitCoin24 charges 9% for this. Seems fair, especially considering the anonymity!

Buying and selling limits

This Broker has the following limits, applicable when you buy or sell cryptocurrencies:

  1. Purchase limits (when you buy crypto).
    • ₴500 minimal buy and ₴134,827 max purchase when using Any Local Bank in Ukrainian Hryvna.
    • ₴500 minimal buy and ₴134,827 max purchase when using Monobank in Ukrainian Hryvna.
    • ₴500 minimal buy and ₴134,827 max purchase when using Privat24 in Ukrainian Hryvna.
    • ₴500 minimal buy and ₴134,827 max purchase when using Visa & Mastercard in Ukrainian Hryvna.
  2. Withdrawal limits (when you out-exchange crypto to the fiat money).
    • ₴3,461 min and ₴55,632 maximal withdrawal when receiving money to Any Local Bank in Ukrainian Hryvna.
    • ₴3,461 min and ₴55,632 maximal withdrawal when receiving money to Monobank in Ukrainian Hryvna.
    • ₴3,461 min and ₴55,632 maximal withdrawal when receiving money to Privat24 in Ukrainian Hryvna.
    • ₴3,461 min and ₴55,632 maximal withdrawal when receiving money to Visa & Mastercard in Ukrainian Hryvna.

And the good news: there are no limits on other payment systems (the limitations the payment system has aside) BitCoin24 supports! Comparing to other exchanges, BitCoin24 has medium buying and selling limits; it's rather convenient, although there are some other ones with higher max.

Supported countries

Platform allows the users from 255 countries to use the exchange. The following countries are supported by the broker:

  • Afghanistan (AF)
  • Aland Islands (AX)
  • Albania (AL)
  • Algeria (DZ)
  • American Samoa (AS)
  • Andorra (AD)
  • Angola (AO)
  • Anguilla (AI)
  • Antarctica (AQ)
  • Antigua & Barbuda (AG)
  • Argentina (AR)
  • Armenia (AM)
  • Aruba (AW)
  • Ascension Island (AC)
  • Australia (AU)
  • Austria (AT)
  • Azerbaijan (AZ)
  • Bahamas (BS)
  • Bahrain (BH)
  • Bangladesh (BD)
  • Barbados (BB)
  • Belarus (BY)
  • Belgium (BE)
  • Belize (BZ)
  • Benin (BJ)
  • Bermuda (BM)
  • Bhutan (BT)
  • Bolivia (BO)
  • Bosnia & Herzegovina (BA)
  • Botswana (BW)
  • Bouvet Island (BV)
  • Brazil (BR)
  • British Indian Ocean Territory (IO)
  • British Virgin Islands (VG)
  • Brunei (BN)
  • Bulgaria (BG)
  • Burkina Faso (BF)
  • Burundi (BI)
  • Cambodia (KH)
  • Cameroon (CM)
  • Canada (CA)
  • Canary Islands (IC)
  • Cape Verde (CV)
  • Caribbean Netherlands (BQ)
  • Cayman Islands (KY)
  • Central African Republic (CF)
  • Ceuta & Melilla (EA)
  • Chad (TD)
  • Chile (CL)
  • China (CN)
  • Christmas Island (CX)
  • Cocos (Keeling) Islands (CC)
  • Colombia (CO)
  • Comoros (KM)
  • Congo - Brazzaville (CG)
  • Congo - Kinshasa (CD)
  • Cook Islands (CK)
  • Costa Rica (CR)
  • Croatia (HR)
  • Cuba (CU)
  • Curaçao (CW)
  • Cyprus (CY)
  • Czech Republic (CZ)
  • Côte d’Ivoire (CI)
  • Denmark (DK)
  • Diego Garcia (DG)
  • Djibouti (DJ)
  • Dominica (DM)
  • Dominican Republic (DO)
  • Ecuador (EC)
  • Egypt (EG)
  • El Salvador (SV)
  • Equatorial Guinea (GQ)
  • Eritrea (ER)
  • Estonia (EE)
  • Ethiopia (ET)
  • Falkland Islands (FK)
  • Faroe Islands (FO)
  • Fiji (FJ)
  • Finland (FI)
  • France (FR)
  • French Guiana (GF)
  • French Polynesia (PF)
  • French Southern Territories (TF)
  • Gabon (GA)
  • Gambia (GM)
  • Georgia (GE)
  • Germany (DE)
  • Ghana (GH)
  • Gibraltar (GI)
  • Greece (GR)
  • Greenland (GL)
  • Grenada (GD)
  • Guadeloupe (GP)
  • Guam (GU)
  • Guatemala (GT)
  • Guernsey (GG)
  • Guinea (GN)
  • Guinea-Bissau (GW)
  • Guyana (GY)
  • Haiti (HT)
  • Heard Island and McDonald Islands (HM)
  • Honduras (HN)
  • Hong Kong SAR China (HK)
  • Hungary (HU)
  • Iceland (IS)
  • India (IN)
  • Indonesia (ID)
  • Iran (IR)
  • Iraq (IQ)
  • Ireland (IE)
  • Isle of Man (IM)
  • Israel (IL)
  • Italy (IT)
  • Jamaica (JM)
  • Japan (JP)
  • Jersey (JE)
  • Jordan (JO)
  • Kazakhstan (KZ)
  • Kenya (KE)
  • Kiribati (KI)
  • Kosovo (XK)
  • Kuwait (KW)
  • Kyrgyzstan (KG)
  • Laos (LA)
  • Latvia (LV)
  • Lebanon (LB)
  • Lesotho (LS)
  • Liberia (LR)
  • Libya (LY)
  • Liechtenstein (LI)
  • Lithuania (LT)
  • Luxembourg (LU)
  • Macau SAR China (MO)
  • Macedonia (MK)
  • Madagascar (MG)
  • Malawi (MW)
  • Malaysia (MY)
  • Maldives (MV)
  • Mali (ML)
  • Malta (MT)
  • Marshall Islands (MH)
  • Martinique (MQ)
  • Mauritania (MR)
  • Mauritius (MU)
  • Mayotte (YT)
  • Mexico (MX)
  • Micronesia (FM)
  • Moldova (MD)
  • Monaco (MC)
  • Mongolia (MN)
  • Montenegro (ME)
  • Montserrat (MS)
  • Morocco (MA)
  • Mozambique (MZ)
  • Myanmar (Burma) (MM)
  • Namibia (NA)
  • Nauru (NR)
  • Nepal (NP)
  • Netherlands (NL)
  • New Caledonia (NC)
  • New Zealand (NZ)
  • Nicaragua (NI)
  • Niger (NE)
  • Nigeria (NG)
  • Niue (NU)
  • Norfolk Island (NF)
  • North Korea (KP)
  • Northern Mariana Islands (MP)
  • Norway (NO)
  • Oman (OM)
  • Pakistan (PK)
  • Palau (PW)
  • Palestinian Territories (PS)
  • Panama (PA)
  • Papua New Guinea (PG)
  • Paraguay (PY)
  • Peru (PE)
  • Philippines (PH)
  • Pitcairn Islands (PN)
  • Poland (PL)
  • Portugal (PT)
  • Puerto Rico (PR)
  • Qatar (QA)
  • Romania (RO)
  • Russia (RU)
  • Rwanda (RW)
  • Réunion (RE)
  • Samoa (WS)
  • San Marino (SM)
  • Saudi Arabia (SA)
  • Senegal (SN)
  • Serbia (RS)
  • Seychelles (SC)
  • Sierra Leone (SL)
  • Singapore (SG)
  • Sint Maarten (SX)
  • Slovakia (SK)
  • Slovenia (SI)
  • Solomon Islands (SB)
  • Somalia (SO)
  • South Africa (ZA)
  • South Georgia & South Sandwich Islands (GS)
  • South Korea (KR)
  • South Sudan (SS)
  • Spain (ES)
  • Sri Lanka (LK)
  • St. Barthélemy (BL)
  • St. Helena (SH)
  • St. Kitts & Nevis (KN)
  • St. Lucia (LC)
  • St. Martin (MF)
  • St. Pierre & Miquelon (PM)
  • St. Vincent & Grenadines (VC)
  • Sudan (SD)
  • Suriname (SR)
  • Svalbard & Jan Mayen (SJ)
  • Swaziland (SZ)
  • Sweden (SE)
  • Switzerland (CH)
  • Syria (SY)
  • São Tomé & Príncipe (ST)
  • Taiwan (TW)
  • Tajikistan (TJ)
  • Tanzania (TZ)
  • Thailand (TH)
  • Timor-Leste (TL)
  • Togo (TG)
  • Tokelau (TK)
  • Tonga (TO)
  • Trinidad & Tobago (TT)
  • Tristan da Cunha (TA)
  • Tunisia (TN)
  • Turkey (TR)
  • Turkmenistan (TM)
  • Turks & Caicos Islands (TC)
  • Tuvalu (TV)
  • U.S. Outlying Islands (UM)
  • U.S. Virgin Islands (VI)
  • Uganda (UG)
  • Ukraine (UA)
  • United Arab Emirates (AE)
  • United Kingdom (GB)
  • United States (US)
  • Uruguay (UY)
  • Uzbekistan (UZ)
  • Vanuatu (VU)
  • Vatican City (VA)
  • Venezuela (VE)
  • Vietnam (VN)
  • Wallis & Futuna (WF)
  • Western Sahara (EH)
  • Yemen (YE)
  • Zambia (ZM)
  • Zimbabwe (ZW)

Does BitCoin24 allow the users from United States (US)?

USA flag

Yes, BitCoin24 allows the registrations from the United States! Broker permits the users from 56 states and territories to register at and use the services exchange provides:

  • Alabama (AL)
  • Alaska (AK)
  • American Samoa (AS)
  • Arizona (AZ)
  • Arkansas (AR)
  • California (CA)
  • Colorado (CO)
  • Connecticut (CT)
  • Delaware (DE)
  • District of Columbia (DC)
  • Florida (FL)
  • Georgia (GA)
  • Guam (GU)
  • Hawaii (HI)
  • Idaho (ID)
  • Illinois (IL)
  • Indiana (IN)
  • Iowa (IA)
  • Kansas (KS)
  • Kentucky (KY)
  • Louisiana (LA)
  • Maine (ME)
  • Maryland (MD)
  • Massachusetts (MA)
  • Michigan (MI)
  • Minnesota (MN)
  • Mississippi (MS)
  • Missouri (MO)
  • Montana (MT)
  • Nebraska (NE)
  • Nevada (NV)
  • New Hampshire (NH)
  • New Jersey (NJ)
  • New Mexico (NM)
  • New York (NY)
  • North Carolina (NC)
  • North Dakota (ND)
  • Northern Mariana Islands (MP)
  • Ohio (OH)
  • Oklahoma (OK)
  • Oregon (OR)
  • Pennsylvania (PA)
  • Puerto Rico (PR)
  • Rhode Island (RI)
  • South Carolina (SC)
  • South Dakota (SD)
  • Tennessee (TN)
  • Texas (TX)
  • U.S. Virgin Islands (VI)
  • Utah (UT)
  • Vermont (VT)
  • Virginia (VA)
  • Washington (WA)
  • West Virginia (WV)
  • Wisconsin (WI)
  • Wyoming (WY)

Although the broker doesn't currently provide possibility to pay in the U.S. Dollars, we hope it may change in the future.

Customer service

Sorry, but we haven't collected enough data about this yet. Do you have any experience exchanging with the BitCoin24? Can you please add your testimonial? This will help everyone a lot, thanks!

Verification at BitCoin24

The broker respects the user privacy and doesn't require verification. You may stay anonymous while using BitCoin24, whatever exchange direction you need.

This is a rare find these days! You know, most of the exchanges require at least some verification. The absence of KYC policy saves the user time and prevents possible data leaks, we think that many people will appreciate such a possibility while dealing with BitCoin24!

Deposit/withdrawal speed

BitCoin24 processes the orders automatically, that's definitely a good thing and the process should take no time. Although we know that some exchanges require various forms of staff approval, etc. for the specific orders; such ones generally take longer. Even fully automated platforms sometimes delay the funds delivery, so if you know that it's the case here at this broker, let us and the community know about it, please!

Is BitCoin24 instant?

So, what can we see? In accordance with the data we know about the broker, orders at BitCoin24 should be instant. Although we don't have enough information about the order delivery speed from actual customers yet, sorry.

Customers' testimonials

There are currently no users testimonials about the BitCoin24. Do you have any experience using this broker? If you do, please say a couple of words about it!

FAQ about BitCoin24

Does BitCoin24 holds my funds?

It does not! One of the best things dealing with the brokers is that unlike most of other exchanges, such businesses instantly deliver your funds to your own wallet after the payment clearance.

Is BitCoin24 a good broker?

Although we have not enough users' reviews yet, we analyzed the information we have. Feel free to get acquainted with the details reading this review or just jump to the conclusion!

Is BitCoin24 licensed? Does it hold e-money license?

It is not, and it's hard to even find information about any business registration, etc. Although the cryptocurrency regulation in Russia, CIS and most of the ex-USSR countries has not yet being set, so so almost all such exchanges there are operating like this.

Is BitCoin24 a ripoff?

It is not a ripoff, although we have not rated BitCoin24 yet due to lack of user testimonials, it complies with our standards. Feel free to read the whole this review to understand why or check our conclusion: is BitCoin24 legit or scam.

BitCoin24 vs other exchanges

Let's compare BitCoin24 to other similar exchange services with similar features: others of broker type mostly. Besides, seems reasonable to compare the platform with the exchanges having similar rating and serving (mostly) the same geographic, etc. Remember that if you wish to find the exchange offering the best price to buy/sell Bitcoin and 33 other cryptos, check the best rates to buy bitcoin and crypto in United States!

BitCoin24 vs Bitonic

Let's compare the key features of these two platforms to see which one suits you best:

  • Bitonic is a broker BitCoin24 is a broker, both are using the same business model.
  • Bitonic had started the business May 2012 BitCoin24 started the business May 2016 (Bitonic is working for 4 years and 0 months longer time).
  • Bitonic has all the required business licenses and permissions BitCoin24 operates without a business registration or there is no information available about it (Bitonic's business model is more stable and safer for clients).
  • Besides buying and selling cryptocurrencies, Bitonic provides the following extra services: Merchant Services BitCoin24 provides us with less services, related to the crypto exchange: it allows us to purchase and sell digital currencies.
  • Bitonic supports 1 cryptocurrencies BitCoin24 allows to exchange 1 cryptos (BitCoin24 & Bitonic support the same number of digital currencys).
  • 1 fiat currencies are available at Bitonic You'll be able to use 1 fiat currencies to swap with digital ones at BitCoin24 (BitCoin24 & Bitonic support the same number of fiat currencys).
  • Bitonic accepts deposits from and allows withdrawals to 3 fiat payment systems / banks BitCoin24 allows the user to utilize 4 various fiat payment systems and/or banks (BitCoin24 supports 1 fiat payment systems and banks more).
  • Bitonic charges 0.0% fee BitCoin24 charges the client 5% — 9% fee, depending on the currency, payment system, etc. (BitCoin24 has higher fees, generally).
  • Buying limits at Bitonic start from $1 and are up to $2,769 Deposit/withdraw limits at BitCoin24 are $21 — $2,306 depending on the payment method (BitCoin24 has higher buying/selling limits).
  • Bitonic allows registrations from 46 countries; we are sorry, but United States is not supported this time You may register at BitCoin24 if you reside in one of 255 countries; it serves United States among others (BitCoin24 supports more countries worldwide).
  • During the account verification Bitonic usually asks for 3 documents and/or procedures: (id verification, phone confirmation, a bank account verification) BitCoin24 has no KYC procedures, you can be completely anonymous while exchanging here (BitCoin24 's KYC policy requires the customer to take less actions or to provide less data).

Although the final decision, which exchange — Bitonic or BitCoin24 — is better is up to you, we'll try to help you with the decision. Both exchanges are great, since at least one of them is not yet rated at our platform, we recommend you to look at the list above and decide, what is most important for you!

If you feel like need more comparison versus other exchanges, feel free to check these:

BitCoin24 vs BTCBIT

Let's compare the key features of these two platforms to see which one suits you best:

  • BTCBIT is a broker BitCoin24 is a broker, both are using the same business model.
  • BTCBIT had started the business May 2017 BitCoin24 started the business May 2016 (BitCoin24 operates 1 years and 0 months longer).
  • BTCBIT has all the required business licenses and permissions BitCoin24 operates without a business registration or there is no information available about it (BTCBIT's business model is more stable and safer for clients).
  • Besides buying and selling cryptocurrencies, BTCBIT provides no extra services BitCoin24 provides the same number of services as BTCBIT: it allows us to purchase and sell digital currencies.
  • BTCBIT supports 10 cryptocurrencies BitCoin24 allows to exchange 1 cryptos (BitCoin24 supports 9 cryptocurrencies less).
  • 9 fiat currencies are available at BTCBIT You'll be able to use 1 fiat currencies to swap with digital ones at BitCoin24 (BitCoin24 supports 8 fiat currencies less).
  • BTCBIT accepts deposits from and allows withdrawals to 7 fiat payment systems / banks BitCoin24 allows the user to utilize 4 various fiat payment systems and/or banks (BitCoin24 supports 3 banks and fiat payment systems less).
  • BTCBIT charges 2% — 15% fee BitCoin24 charges the client 5% — 9% fee, depending on the currency, payment system, etc. (BitCoin24 & BTCBIT charge the customer with the equal fee level, more or less).
  • Buying limits at BTCBIT start from $50 and are up to $10,000 Deposit/withdraw limits at BitCoin24 are $21 — $2,306 depending on the payment method (BitCoin24 has lower buying/selling limits).
  • BTCBIT allows registrations from 221 countries; United States is among the supported ones You may register at BitCoin24 if you reside in one of 255 countries; it serves United States among others (BitCoin24 supports more countries worldwide).
  • BTCBIT allows the user to be anonymous, there is no account verification, etc. BitCoin24 has no KYC procedures, you can be completely anonymous while exchanging here (BitCoin24 & BTCBIT require the client to pass through the — more or less — the same process during the verification).

Although the final decision, which exchange — BTCBIT or BitCoin24 — is better is up to you, we'll try to help you with the decision. Both exchanges are great, since at least one of them is not yet rated at our platform, we recommend you to look at the list above and decide, what is most important for you!

If you feel like need more comparison versus other exchanges, feel free to check these:

BitCoin24 vs MagneticExchange

Let's compare the key features of these two platforms to see which one suits you best:

  • MagneticExchange is a broker BitCoin24 is a broker, both are using the same business model.
  • MagneticExchange had started the business May 2011 BitCoin24 started the business May 2016 (MagneticExchange is working for 5 years and 0 months longer time).
  • MagneticExchange is an ordinary company without licenses, etc. BitCoin24 operates without a business registration or there is no information available about it (MagneticExchange's business model is more stable and safer for clients).
  • Besides buying, selling and exchanging cryptocurrencies, MagneticExchange provides no extra services BitCoin24 provides us with less services, related to the crypto exchange: it allows us to purchase and sell digital currencies.
  • MagneticExchange supports 6 cryptocurrencies BitCoin24 allows to exchange 1 cryptos (BitCoin24 supports 5 cryptocurrencies less).
  • 5 fiat currencies are available at MagneticExchange You'll be able to use 1 fiat currencies to swap with digital ones at BitCoin24 (BitCoin24 supports 4 fiat currencies less).
  • MagneticExchange accepts deposits from and allows withdrawals to 18 fiat payment systems / banks BitCoin24 allows the user to utilize 4 various fiat payment systems and/or banks (BitCoin24 supports 14 banks and fiat payment systems less).
  • MagneticExchange charges 1% — 18% fee BitCoin24 charges the client 5% — 9% fee, depending on the currency, payment system, etc. (BitCoin24 & MagneticExchange charge the customer with the equal fee level, more or less).
  • Buying limits at MagneticExchange start from $7 and are up to $9,960 Deposit/withdraw limits at BitCoin24 are $21 — $2,306 depending on the payment method (BitCoin24 has lower buying/selling limits).
  • MagneticExchange allows registrations from 254 countries; we are sorry, but United States is not supported this time You may register at BitCoin24 if you reside in one of 255 countries; it serves United States among others (BitCoin24 supports more countries worldwide).
  • During the account verification MagneticExchange usually asks for 1 document / procedure: (id verification) BitCoin24 has no KYC procedures, you can be completely anonymous while exchanging here (BitCoin24 's KYC policy requires the customer to take less actions or to provide less data).

Although the final decision, which exchange — MagneticExchange or BitCoin24 — is better is up to you, we'll try to help you with the decision. Both exchanges are great, since at least one of them is not yet rated at our platform, we recommend you to look at the list above and decide, what is most important for you!

If you feel like need more comparison versus other exchanges, feel free to check these:

BitCoin24 vs PayBis

Let's compare the key features of these two platforms to see which one suits you best:

  • PayBis is a broker BitCoin24 is a broker, both are using the same business model.
  • PayBis had started the business April 2015 BitCoin24 started the business May 2016 (PayBis is working for 1 years and 1 months longer time).
  • PayBis is an ordinary company without licenses, etc. BitCoin24 operates without a business registration or there is no information available about it (PayBis's business model is more stable and safer for clients).
  • Besides buying and selling cryptocurrencies, PayBis provides no extra services BitCoin24 provides the same number of services as PayBis: it allows us to purchase and sell digital currencies.
  • PayBis supports 8 cryptocurrencies BitCoin24 allows to exchange 1 cryptos (BitCoin24 supports 7 cryptocurrencies less).
  • 3 fiat currencies are available at PayBis You'll be able to use 1 fiat currencies to swap with digital ones at BitCoin24 (BitCoin24 supports 2 fiat currencies less).
  • PayBis accepts deposits from and allows withdrawals to 7 fiat payment systems / banks BitCoin24 allows the user to utilize 4 various fiat payment systems and/or banks (BitCoin24 supports 3 banks and fiat payment systems less).
  • PayBis charges 1% — 10% fee BitCoin24 charges the client 5% — 9% fee, depending on the currency, payment system, etc. (BitCoin24 & PayBis charge the customer with the equal fee level, more or less).
  • Buying limits at PayBis start from $20 and are up to $200,000 Deposit/withdraw limits at BitCoin24 are $21 — $2,306 depending on the payment method (BitCoin24 has lower buying/selling limits).
  • PayBis allows registrations from 241 countries; United States is among the supported ones You may register at BitCoin24 if you reside in one of 255 countries; it serves United States among others (BitCoin24 supports more countries worldwide).
  • During the account verification PayBis usually asks for 3 documents and/or procedures: (id verification, phone confirmation, address confirmation) BitCoin24 has no KYC procedures, you can be completely anonymous while exchanging here (BitCoin24 's KYC policy requires the customer to take less actions or to provide less data).

Although the final decision, which exchange — PayBis or BitCoin24 — is better is up to you, we'll try to help you with the decision. Both exchanges are great, since at least one of them is not yet rated at our platform, we recommend you to look at the list above and decide, what is most important for you!

If you feel like need more comparison versus other exchanges, feel free to check these:

BitCoin24 vs XMLGold

Let's compare the key features of these two platforms to see which one suits you best:

  • XMLGold is a broker BitCoin24 is a broker, both are using the same business model.
  • XMLGold had started the business May 2006 BitCoin24 started the business May 2016 (XMLGold is working for 10 years and 0 months longer time).
  • XMLGold is an ordinary company without licenses, etc. BitCoin24 operates without a business registration or there is no information available about it (XMLGold's business model is more stable and safer for clients).
  • Besides buying and selling cryptocurrencies, XMLGold provides no extra services BitCoin24 provides the same number of services as XMLGold: it allows us to purchase and sell digital currencies.
  • XMLGold supports 3 cryptocurrencies BitCoin24 allows to exchange 1 cryptos (BitCoin24 supports 2 cryptocurrencies less).
  • 2 fiat currencies are available at XMLGold You'll be able to use 1 fiat currencies to swap with digital ones at BitCoin24 (BitCoin24 supports 1 fiat currencies less).
  • XMLGold accepts deposits from and allows withdrawals to 5 fiat payment systems / banks BitCoin24 allows the user to utilize 4 various fiat payment systems and/or banks (BitCoin24 supports 1 banks and fiat payment systems less).
  • XMLGold charges 0% — 2% fee BitCoin24 charges the client 5% — 9% fee, depending on the currency, payment system, etc. (BitCoin24 has higher fees, generally).
  • Buying limits at XMLGold start from $8 and are up to $187,513 Deposit/withdraw limits at BitCoin24 are $21 — $2,306 depending on the payment method (BitCoin24 has lower buying/selling limits).
  • XMLGold allows registrations from 255 countries; United States is among the supported ones You may register at BitCoin24 if you reside in one of 255 countries; it serves United States among others (BitCoin24 & XMLGold support the same number of countries and territories).
  • During the account verification XMLGold usually asks for 1 document / procedure: (id verification) BitCoin24 has no KYC procedures, you can be completely anonymous while exchanging here (BitCoin24 's KYC policy requires the customer to take less actions or to provide less data).

Although the final decision, which exchange — XMLGold or BitCoin24 — is better is up to you, we'll try to help you with the decision. Both exchanges are great, since at least one of them is not yet rated at our platform, we recommend you to look at the list above and decide, what is most important for you!

If you feel like need more comparison versus other exchanges, feel free to check these:

Conclusion: is BitCoin24 legit or scam?

Now it's time to draw a conclusion, is BitCoin24 a scam or is it a legit exchange? We hadn't yet collected enough testimonials to assign BitCoin24 a rating, but according to our research it's a good exchange. We have found no evidence that this broker is a scam so it should be save to deal with. Let's summarize what we like most (and what we don't) about the BitCoin24:

  • There is no information about the business entity, regulatory compliance, etc.
  • The broker doesn't hold customers' funds, instantly delivering monies to your wallet
  • This company has being in the business for a long time; exchange was started 3 years and 6 months ago
  • Exchange supports only 1 cryptocurrencies and just 1 fiat ones (totally 4 payment systems / banks are available). There are no extra services besides the digital currencies exchange
  • It charges very high fees: from 5% to 9% depending on the payment method
  • The purchase and withdrawal limits are medium: from $21 to $2,306 USD, it depends on a payment system choice
  • BitCoin24 allows registrations from 255 countries; people from United States may use the service
  • You may remain anonymous while using the exchange services. We should add that there are not so many exchanges with no KYC left these days!

Overall rating for BitCoin24: N/A