Bitonic review & 5 testimonials for bitonic.nl (01.2020)
What is Bitonic in a nutshell?
It's a
trusted,
respectable,
well established,
promising
exchange service (broker) supporting
1
cryptocurrency:
you can
buy and sell coins using 1
fiat currency
(3
banks & payment systems are supported).
Exchange service started the business May 2012,
it's a
fully compliant, licensed financial company.
Besides the cryptocurrencies exchange, Bitonic
also provides other services, for example,
Merchant Services.
This service works with a number of currencies, banks, and payment systems.
Hence to estimate the fees level we calculated an average fee you'll spend for an exchange here.
Based on this number
(0%)
we may say that Bitonic
charges
low fees:
0.0%
(according to our statistics,
100%
exchanges take higher average fee)
and has
medium buying limits:
$1 — $2,965
(in accordance with the statistics we've collected,
100%
exchanges have higher order limits).
This Broker welcomes customers from
4
countries
(unfortunately, your country: United States is not supported at the moment;
but there are good alternatives).
Due to regulatory restrictions, US citizens and residents are not served by the exchange.
According to the feedback from users, customer service is
exceptional, 5 stars quality;
the exchange is always instant!
or so.
You will have to verify your account
(ID Verification,
Phone Number Confirmation,
Bank Account Verification should be normally required)
before being able to use the service.
Since
2012,
Bitonic
has got some
great testimonials
from the customers: just our platform,
already has
5 user reviews,
100% of those are positive.
The majority of the users value the
quality of the customer care,
fast order processing,
usability of the user interface,
most of all.
Our platform assigns the Bitonic
100/100 rating:
it's
the perfect, an ideal result,
only few competitors have such a high rating!
For example,
EXMO and
Wirex
are ranked below.
Bitonic
has being assigned the special status:
The best Broker worldwide!
What does that mean?
Our platform ranks all the exchanges basing on a number of factors:
business model, licenses,
time in the business, customers' testimonials,
complaints (if any), etc.
Then we compare all the leaders in each category (like
broker) to determine
who's the
best-of-the-best.
Hence, we are pleased to say that Bitonic is
exactly the one!
Based on all these facts,
our verdict is the following:
Bitonic is a
100%
legit and
perfectly safe
place to
buy and sell
Bitcoins,
almost an ideal exchange with great feedback we can recommend to our dear visitors!
Overview: is Bitonic safe?
Bitonic is the
Broker;
Bitonic B.V.
(dba Bitonic)
started the business in May 2012.
The company is based in the Netherlands
with the headquarters located in the Baarn.
Official Bitonic address is Oude Utrechtseweg 17C 3743 KN.
The firm is a licensed MSB, regulated by the De Nederlandsche Bank (DNB);
it holds the Crypto Asset Business license.
Bitonic was founded by Jouke Hofman, Robert de Waard & Niels van Groningen.
Bitonic CEO is
Jouke Hofman.
Although the founders had requested the central bank of the Netherlands to issue a financial license for the business, the official reply was that licensing is not required. Despite that, the company management claims that all possible regulation is respected as if the business was a regulated one. November 2020 the firm was finally approved by the Central Bank and got the license. Jun 28th, 2019 at 11:00 the company reported to sell 400,000th Bitcoin: a serious milestone for the Netherlands & Belgium!
One of the longest-running Bitcoin exchanges in Europe and the world. Bitonic has a flawless reputation and trust in the community. Besides the exchange and merchants processing business, Bitonic operates an Academy educating the persons and organizations in the Netherlands (including banks, universities, etc.) about the Bitcoin and Blockchain. The company has several offices across the country.
Answering the question how safe is Bitonic:
Bitonic is perfectly safe!
100/100 rating
is really hard to get,
only a few competing services have such a high rating!
Let's break down how the Bitonic exchange got such a rating.
Overall rating for Bitonic:
100 / 100
Pros & Cons of Bitonic
Since Bitonic is rated
as one of the best exchanges in the world
by our visitors,
there should be many strong sides clients admire and probably some downsides anyway.
Let's check it out:
- It's very stable and reliable exchange service operating from 2012.05. Fully compliant and regulated business, service provided by licensed financial company.
- Bitonic earned perfect testimonials from the clientele.
- Lightning-fast orders processing, according to customers feedback.
- Perfect customer care quality; customers admire it!
- Easy and user-friendly interface, newbies won't be lost here!
- Only 1 digital currencies and 1 fiat ones are supported. Just a 3 payment systems and banks are supported. Another downside is that this exchange does't allow crypto-to-crypto swaps.
- Many countries are not supported, please check if yours is in this list before registering!
Seems that there are not so many cons, but a lot of pros.
We hope you will enjoy your experience exchanging at Bitonic!
Try Bitonic today
and let us know how you like it!
Services, Bitonic 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
- Provides merchant services (accepting cryptocurrency at e-stores, etc.)
So Bitonic is something bigger than just a place to exchange digital currency.
According to our statistics,
83%
of the competition provide less services,
many just allow the buying and selling, so this
broker
is among the champions in this field!
Currencies & Payment Systems
Bitonic 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 backed by assets to invest in 2021.
1 fiat currencies
are supported to provide crypto purchase and selling:
Euro (EUR).
The Broker will let you buy and sell Bitcoins
using the following payment systems:
-
SEPA Transfer.
An international payment system
(it's available in 46 countries)
allowing international bank transfers payments
in Euro currency.
Just the EUR
payments are available for
selling cryptocurrency to fiat solely; at the time you can't buy crypto using this payment method here.
SEPA Transfer is a popular way to buy BTC and other cryptocurrencies available at
68 exchanges of various types.
You are welcome to find the best rate for
buying bitcoin with sepa transfer
at our home page!
-
iDEAL.
A local bank
(serving Netherlands)
in Euro currency.
Just the EUR
payments are available for
purchasing cryptos at the exchange.
-
Bancontact.
A local bank
(serving Belgium)
in Euro currency.
Just the EUR
payments are available for
purchasing cryptos at the exchange.
Bitonic 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):
-
Service/processing fee.
Depending on the fiat payment system and currency, it's as follows:
-
0%
when you pay money using
Bancontact
in
Euro.
-
0%
when you pay money using
iDEAL
in
Euro.
-
0%
when you pay money using
MyBank
in
Euro.
-
Commission when you are receiving funds to
SEPA Transfer
in
Euro:
0%
-
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 Bitonic fees high or low?
Now it's time to draw a conclusion:
considering the average fee the exchange changes for an operation we can state that
Bitonic
takes very low fees!
According to our statistics,
the majority of the competition charge way more than
Bitonic does!
For example, an average fee you pay to buy Bitcoin with iDEAL
in EUR
across various exchange brokers, trading platforms, p2p marketplaces and e-wallets is
0%,
Bitonic charges 0 EUR
for this.
Seems fair!
Buying and selling limits
This Broker has the following limits,
applicable when you buy or sell cryptocurrencies:
-
Purchase limits (when you buy crypto).
-
€10
minimal buy and
€2,500
max purchase
when using Bancontact in
Euro.
-
€10
minimal buy and
€20,000
max purchase
when using iDEAL in
Euro.
-
€1
minimal buy and
€2,500
max purchase
when using MyBank in
Euro.
-
Withdrawal limits (when you out-exchange crypto to the fiat money).
-
€10
min and
€100,000
maximal withdrawal
when receiving money to SEPA Transfer in
Euro.
And the good news: there are no limits on other payment systems
(the limitations the payment system has aside)
Bitonic supports!
Comparing to other exchanges,
Bitonic 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 4
countries to use the exchange.
The following countries are supported by the broker:
-
Belgium
(BE)
-
Italy
(IT)
-
Luxembourg
(LU)
-
Netherlands
(NL)
Does Bitonic allow the users from United States (US)?
Sorry, but the Bitonic
can't provide the services to the citizens and residents of the United States of America at this time,
due to the local regulations and licensing matters, etc.
But there are no reasons to get disappointed because of that,
there are plenty of great exchanges as well as the ones of Broker
type, who warmly welcomes the American people!
We can recommend you to look at these:
Customer service
According to the community and the exchange users' testimonials,
Bitonic provides an excellent, exceptional quality customers support!
The analysis of reviews is the following:
Verification at Bitonic
The broker requires it's clients to pass through obligatory user identification
(account verification).
The following procedures
should be completed before the client will be able to
buy and sell on the exchange:
-
ID verification
-
Phone confirmation
-
A bank account verification
(if you wish to use this payment method)
Bank account verification in Netherlands takes up to few hours. ING, ABN, SNS, bunq local bank accs are verified instantly. Belgian bank account verification takes at least a few days.
According to the customers surveys results, the average time to verify an account at
Bitonic is the following:
Sorry, but we haven't collected enough data about this yet.
Do you have any experience exchanging with the Bitonic?
Can you please
add your testimonial?
This will help everyone a lot, thanks!
Deposit/withdrawal speed
Although according to the data we have, the process of exchange is fully automated on this broker,
you may face some delay when you send the money "outside",
i.e. say you are withdrawing the BTC you purchased to your personal wallet.
Let's see what other cryptocurrency enthusiasts say about how fast is Bitonic!
Is Bitonic instant?
So, what can we see?
According to the feedback we got from other users of this broker worldwide,
Bitonic is instant:
money arrives right after you order it all the time.
That's great to know!
Customers' testimonials
Our users left 5
testimonials about their experience dealing with Bitonic,
100% of the testimonials are positive,
0% are neutral
and there are
0
negative ones.
Feel free to read as many of these as you like!
Nice! Service that works like every one should. No complains, only good emotions when dealing with Bitonic!
IDEAL => BTC very fast. Great service, nice people work in customer support. IDEAL EXCHANGE!
Very convenient exchange in you need to buy BTC in Holland 👍
Sticky F.,
4
testimonials
@ 14 Sep 2019
Great exchange, I buy Bitcoins using Ideal and it works like a charm 👍
I am using this exchange long time. It rocks! Always very fast, I give this exchange A++ rating and recommend to each and everyone!
Satoshi N.,
72
testimonials
@ 06 Sep 2019
No more testimonials to show.
The rest are either outdated or written in other languages.
If you have any experience dealing with Bitonic, can you please
leave your testimonial?
Thanks!
Overall result if great!
100% positive testimonials is something the business owners are very proud of,
such a rating is hard to get and even harder to maintain!
It means the community really trusts and likes the Bitonic
services, so most likely, you'd enjoy it too!
FAQ about Bitonic
Does Bitonic 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 Bitonic a good broker?
According to our rating and the clients' testimonials, it is! Feel free to get acquainted with the details reading this review or just jump to the conclusion!
Is Bitonic licensed? Does it hold e-money license?
Yes, Bitonic B.V. (entity doing business as Bitonic exchange) is licenced and regulated financial company. It holds Crypto Asset Business license and is regulated by the De Nederlandsche Bank (DNB) of the Netherlands.
Does Bitonic provide services for the merchants willing to accept crypto?
It is! You may accept payments in all the cryptocurrencies supported by the Bitonic and get paid in fiat or your preferred crypto.
Is Bitonic a ripoff?
It definitely isn't! Feel free to read the whole this review to understand why or check our conclusion: is Bitonic legit or scam.
Bitonic vs other exchanges
Let's compare Bitonic 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!
Bitonic vs CEX
Let's compare the key features of these two platforms to see which one suits you best:
-
CEX is a trading platform
Bitonic is a broker,
it has a different business model
(feel free to read about the
differences between
trading platform and broker)
-
CEX had started the business July 2014
Bitonic started the business May 2012
(Bitonic operates
2 years and 2 months longer).
-
CEX has all the required business licenses and permissions
Bitonic has all the required business licenses and permissions
(both exchange services operate using the same approach to the business, utilizing a same legal model).
-
Besides buying, selling and exchanging cryptocurrencies,
CEX provides the following extra services:
Margin Trading
Bitonic provides us with less services, related to the crypto exchange:
it allows us to purchase and sell digital currencies,
and besides that:
Merchant Services.
-
CEX supports 16 cryptocurrencies
Bitonic allows to exchange 1 cryptos
(Bitonic
supports 15 cryptocurrencies less).
-
4 fiat currencies are available at CEX
You'll be able to use 1
fiat currencies to swap with digital ones at Bitonic
(Bitonic
supports 3 fiat currencies less).
-
CEX accepts deposits from and allows withdrawals to
4 fiat payment systems / banks
Bitonic allows the user to utilize 3
various fiat payment systems and/or banks
(Bitonic
supports 1 banks and fiat payment systems less).
-
CEX charges
1.0% — 5.0%
fee
Bitonic charges the client
0.0%
fee, depending on the currency, payment system, etc.
(Bitonic
has lower fees in general).
-
Buying limits at CEX start from
$1,000 and are up to $5,000
Deposit/withdraw limits at Bitonic are
$1 — $2,965
depending on the payment method
(Bitonic
has lower buying/selling limits).
-
CEX allows registrations from 224 countries;
United States is among the supported ones
You may register at Bitonic if you reside in one of 4 countries;
unfortunately, United States is not among the supported ones
(Bitonic
supports less countries).
-
Our visitors rated customer care at the CEX
4.444444444444445 / 5.0
Customers' service at Bitonic exchange was rated
5.0 / 5.0 by our visitors
(Bitonic
support team got better rating from our customers
-
During the account verification CEX
usually asks for 3
documents and/or procedures:
(id verification,
phone confirmation,
selfie)
and it takes
a day or two
in most of the cases
User identification at Bitonic
usually consists of 3
different procedures:
id verification,
phone confirmation,
a bank account verification
(Bitonic 's KYC policy requires the customer to take less actions or to provide less data).
-
Due to results of community feedback, CEX process deposit/withdrawal orders in about
about 5-15 mins
(although the exchange is instant)
Due to results of community feedback, Bitonic process deposit/withdrawal orders in about
a couple of seconds, in fact — instantly, without any delay; everything is automated
(Bitonic
processes deposits and withdrawals faster
-
Our users left 22
testimonials about CEX,
100%
of which are positive
We've collected 5
users testimonials about Bitonic,
100%
are positive
(Bitonic & CEX
share the same percentage of positive user reviews).
Although the final decision, which exchange —
CEX or Bitonic — is better
is up to you, we'll try to help you with the decision.
Both exchanges are great,
since both exchanges are equally rated,
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:
Bitonic vs Coinbase
Let's compare the key features of these two platforms to see which one suits you best:
-
Coinbase is a e-wallet
Bitonic is a broker,
it has a different business model
(feel free to read about the
differences between
e-wallet and broker)
-
Coinbase had started the business June 2012
Bitonic started the business May 2012
(Bitonic operates
1 months longer).
-
Coinbase has all the required business licenses and permissions
Bitonic has all the required business licenses and permissions
(both exchange services operate using the same approach to the business, utilizing a same legal model).
-
Besides buying and selling cryptocurrencies,
Coinbase provides the following extra services:
ATM Cards and the
Merchant Services
Bitonic provides us with less services, related to the crypto exchange:
it allows us to purchase and sell digital currencies,
and besides that:
Merchant Services.
-
Coinbase supports 10 cryptocurrencies
Bitonic allows to exchange 1 cryptos
(Bitonic
supports 9 cryptocurrencies less).
-
6 fiat currencies are available at Coinbase
You'll be able to use 1
fiat currencies to swap with digital ones at Bitonic
(Bitonic
supports 5 fiat currencies less).
-
Coinbase accepts deposits from and allows withdrawals to
4 fiat payment systems / banks
Bitonic allows the user to utilize 3
various fiat payment systems and/or banks
(Bitonic
supports 1 banks and fiat payment systems less).
-
Coinbase charges
1.49% — 3.99%
fee
Bitonic charges the client
0.0%
fee, depending on the currency, payment system, etc.
(Bitonic
has lower fees in general).
-
Buying limits at Coinbase start from
$2 and are up to $5,000
Deposit/withdraw limits at Bitonic are
$1 — $2,965
depending on the payment method
(Bitonic
has lower buying/selling limits).
-
Coinbase allows registrations from 39 countries;
United States is among the supported ones
You may register at Bitonic if you reside in one of 4 countries;
unfortunately, United States is not among the supported ones
(Bitonic
supports less countries).
-
During the account verification Coinbase
usually asks for 2
documents and/or procedures:
(id verification,
phone confirmation)
and it takes
a day or two
in most of the cases
User identification at Bitonic
usually consists of 3
different procedures:
id verification,
phone confirmation,
a bank account verification
(Bitonic 's KYC policy requires the customer to take less actions or to provide less data).
-
Due to results of community feedback, Coinbase process deposit/withdrawal orders in about
a couple of seconds, in fact — instantly, without any delay; everything is automated
Due to results of community feedback, Bitonic process deposit/withdrawal orders in about
a couple of seconds, in fact — instantly, without any delay; everything is automated
(Bitonic & Coinbase
process the deposits and withdrawals with equal speed).
-
Our users left 23
testimonials about Coinbase,
96%
of which are positive
We've collected 5
users testimonials about Bitonic,
100%
are positive
(Bitonic
has better testimonials from the clients
Although the final decision, which exchange —
Coinbase or Bitonic — is better
is up to you, we'll try to help you with the decision.
Both exchanges are great,
since both exchanges are equally rated,
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:
Bitonic vs Bitpanda
Let's compare the key features of these two platforms to see which one suits you best:
-
Bitpanda is a trading platform
Bitonic is a broker,
it has a different business model
(feel free to read about the
differences between
trading platform and broker)
-
Bitpanda had started the business June 2014
Bitonic started the business May 2012
(Bitonic operates
2 years and 1 months longer).
-
Bitpanda has all the required business licenses and permissions
Bitonic has all the required business licenses and permissions
(both exchange services operate using the same approach to the business, utilizing a same legal model).
-
Besides buying and selling cryptocurrencies,
Bitpanda provides the following extra services:
Payments for Utility Bills and the
Precious Metals Trading / Investments
Bitonic provides us with less services, related to the crypto exchange:
it allows us to purchase and sell digital currencies,
and besides that:
Merchant Services.
-
Bitpanda supports 7 cryptocurrencies
Bitonic allows to exchange 1 cryptos
(Bitonic
supports 6 cryptocurrencies less).
-
4 fiat currencies are available at Bitpanda
You'll be able to use 1
fiat currencies to swap with digital ones at Bitonic
(Bitonic
supports 3 fiat currencies less).
-
Bitpanda accepts deposits from and allows withdrawals to
12 fiat payment systems / banks
Bitonic allows the user to utilize 3
various fiat payment systems and/or banks
(Bitonic
supports 9 banks and fiat payment systems less).
-
Bitpanda charges
1.29% — 5.09%
fee
Bitonic charges the client
0.0%
fee, depending on the currency, payment system, etc.
(Bitonic
has lower fees in general).
-
Bitpanda allows registrations from 46 countries;
we are sorry, but United States is not supported this time
You may register at Bitonic if you reside in one of 4 countries;
unfortunately, United States is not among the supported ones
(Bitonic
supports less countries).
-
During the account verification Bitpanda
usually asks for 3
documents and/or procedures:
(id verification,
a bank account verification,
additional information upon compliance staff decision)
User identification at Bitonic
usually consists of 3
different procedures:
id verification,
phone confirmation,
a bank account verification
(Bitonic 's KYC policy requires the customer to take less actions or to provide less data).
-
Our users left 3
testimonials about Bitpanda,
100%
of which are positive
We've collected 5
users testimonials about Bitonic,
100%
are positive
(Bitonic & Bitpanda
share the same percentage of positive user reviews).
Although the final decision, which exchange —
Bitpanda or Bitonic — is better
is up to you, we'll try to help you with the decision.
Both exchanges are great,
since both exchanges are equally rated,
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:
Bitonic vs EXMO
Let's compare the key features of these two platforms to see which one suits you best:
-
EXMO is a trading platform
Bitonic is a broker,
it has a different business model
(feel free to read about the
differences between
trading platform and broker)
-
EXMO had started the business May 2013
Bitonic started the business May 2012
(Bitonic operates
1 years and 0 months longer).
-
EXMO has all the required business licenses and permissions
Bitonic has all the required business licenses and permissions
(both exchange services operate using the same approach to the business, utilizing a same legal model).
-
Besides buying, selling and exchanging cryptocurrencies,
EXMO provides the following extra services:
Cash codes and the
OTC trading
Bitonic provides us with less services, related to the crypto exchange:
it allows us to purchase and sell digital currencies,
and besides that:
Merchant Services.
-
EXMO supports 24 cryptocurrencies
Bitonic allows to exchange 1 cryptos
(Bitonic
supports 23 cryptocurrencies less).
-
8 fiat currencies are available at EXMO
You'll be able to use 1
fiat currencies to swap with digital ones at Bitonic
(Bitonic
supports 7 fiat currencies less).
-
EXMO accepts deposits from and allows withdrawals to
10 fiat payment systems / banks
Bitonic allows the user to utilize 3
various fiat payment systems and/or banks
(Bitonic
supports 7 banks and fiat payment systems less).
-
EXMO charges
0.15% — 5.95%
fee
Bitonic charges the client
0.0%
fee, depending on the currency, payment system, etc.
(Bitonic
has lower fees in general).
-
Buying limits at EXMO start from
$1 and are up to $20,000
Deposit/withdraw limits at Bitonic are
$1 — $2,965
depending on the payment method
(Bitonic
has lower buying/selling limits).
-
EXMO allows registrations from 255 countries;
United States is among the supported ones
You may register at Bitonic if you reside in one of 4 countries;
unfortunately, United States is not among the supported ones
(Bitonic
supports less countries).
-
Our visitors rated customer care at the EXMO
5.0 / 5.0
Customers' service at Bitonic exchange was rated
5.0 / 5.0 by our visitors
(Bitonic & EXMO
provide the equal quality of customer support).
-
During the account verification EXMO
usually asks for 3
documents and/or procedures:
(id verification,
address confirmation,
selfie)
and it takes
a day or two
in most of the cases
User identification at Bitonic
usually consists of 3
different procedures:
id verification,
phone confirmation,
a bank account verification
(Bitonic 's KYC policy requires the customer to take less actions or to provide less data).
-
Due to results of community feedback, EXMO process deposit/withdrawal orders in about
in couple of minutes
(although the exchange is instant)
Due to results of community feedback, Bitonic process deposit/withdrawal orders in about
a couple of seconds, in fact — instantly, without any delay; everything is automated
(Bitonic
processes deposits and withdrawals faster
-
Our users left 18
testimonials about EXMO,
94%
of which are positive
We've collected 5
users testimonials about Bitonic,
100%
are positive
(Bitonic
has better testimonials from the clients
Although the final decision, which exchange —
EXMO or Bitonic — is better
is up to you, we'll try to help you with the decision.
Both exchanges are great,
although Bitonic has a better total rating
100 vs EXMO's 99,
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:
Bitonic vs Wirex
Let's compare the key features of these two platforms to see which one suits you best:
-
Wirex is a e-wallet
Bitonic is a broker,
it has a different business model
(feel free to read about the
differences between
e-wallet and broker)
-
Wirex had started the business November 2014
Bitonic started the business May 2012
(Bitonic operates
2 years and 6 months longer).
-
Wirex has all the required business licenses and permissions
Bitonic has all the required business licenses and permissions
(both exchange services operate using the same approach to the business, utilizing a same legal model).
-
Besides buying, selling and exchanging cryptocurrencies,
Wirex provides the following extra services:
Mobile wallet,
ATM Cards and the
Fiat to Fiat Currencies Trading & Exchange
Bitonic provides us with less services, related to the crypto exchange:
it allows us to purchase and sell digital currencies,
and besides that:
Merchant Services.
-
Wirex supports 6 cryptocurrencies
Bitonic allows to exchange 1 cryptos
(Bitonic
supports 5 cryptocurrencies less).
-
8 fiat currencies are available at Wirex
You'll be able to use 1
fiat currencies to swap with digital ones at Bitonic
(Bitonic
supports 7 fiat currencies less).
-
Wirex accepts deposits from and allows withdrawals to
4 fiat payment systems / banks
Bitonic allows the user to utilize 3
various fiat payment systems and/or banks
(Bitonic
supports 1 banks and fiat payment systems less).
-
Wirex charges
1.0%
fee
Bitonic charges the client
0.0%
fee, depending on the currency, payment system, etc.
(Bitonic
has lower fees in general).
-
Buying limits at Wirex start from
$5 and are up to $5,000
Deposit/withdraw limits at Bitonic are
$1 — $2,965
depending on the payment method
(Bitonic
has lower buying/selling limits).
-
Wirex allows registrations from 47 countries;
we are sorry, but United States is not supported this time
You may register at Bitonic if you reside in one of 4 countries;
unfortunately, United States is not among the supported ones
(Bitonic
supports less countries).
-
Our visitors rated customer care at the Wirex
5.0 / 5.0
Customers' service at Bitonic exchange was rated
5.0 / 5.0 by our visitors
(Bitonic & Wirex
provide the equal quality of customer support).
-
During the account verification Wirex
usually asks for 3
documents and/or procedures:
(id verification,
phone confirmation,
selfie)
and it takes
a day or two
in most of the cases
User identification at Bitonic
usually consists of 3
different procedures:
id verification,
phone confirmation,
a bank account verification
(Bitonic 's KYC policy requires the customer to take less actions or to provide less data).
-
Due to results of community feedback, Wirex process deposit/withdrawal orders in about
a couple of seconds, in fact — instantly, without any delay; everything is automated
Due to results of community feedback, Bitonic process deposit/withdrawal orders in about
a couple of seconds, in fact — instantly, without any delay; everything is automated
(Bitonic & Wirex
process the deposits and withdrawals with equal speed).
-
Our users left 17
testimonials about Wirex,
94%
of which are positive
We've collected 5
users testimonials about Bitonic,
100%
are positive
(Bitonic
has better testimonials from the clients
Although the final decision, which exchange —
Wirex or Bitonic — is better
is up to you, we'll try to help you with the decision.
Both exchanges are great,
although Bitonic has a better total rating
100 vs Wirex's 99,
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 Bitonic legit or scam?
Now it's time to draw a conclusion, is Bitonic a scam or is it a legit exchange?
We are 100% sure Bitonic is the
most trusted and absolutely legit exchange platform
with an outstanding reputation in the crypto community; one of
the industry leaders. There is no way it can be even considered to be called a scam!
Let's summarize what we like most (and what we don't) about the Bitonic:
- It is licensed, regulatory compliant financial company
- 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
8 years
and
10 months
ago
- Exchange supports only
1 cryptocurrencies
and just 1
fiat ones
(totally 3
payment systems / banks are available).
Besides buying, selling and exchanging digital currencies, the following services are available:
Merchant Services
- It charges low fees:
0.0%;
although the exchange of smaller amounts is rather inexpensive
- The purchase and withdrawal limits are medium:
from $1
to $2,965 USD,
it depends on a payment system choice
- Bitonic
accepts the clients from 4 countries;
unfortunately, users from United States
are not permitted to use the service
- Clients' testimonials are perfect,
100% (5 out of
5) note their positive experience dealing with Bitonic.
According to the customers feedback:
- Customer support is great
- Deposits and withdrawals are instant
Bitonic is the first and largest bitcoin company in the Netherlands. Without any doubt, it's a great, trusted, trustworthy exchange with an excellent reputation.
Last but not least, according to our rating and the feedback from the
Bitonic clientele, we consider it as
"The best Broker worldwide!"
That means the platform really stands out from the
326 exchange services we monitor;
our ranking algorithms and the input we got from the actual exchange customers confirm that.
With all the features and positive reviews, it's obvious why
Bitonic has been so successful
for 8+ years
and we invite you to check out by yourself!
Overall rating for Bitonic:
100 / 100