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Bitonic review & 5 testimonials for bitonic.nl (01.2020)

Bitonic user interface: the home page in English

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!

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.
Time in the business: 8 years 10 months
Feedback count: 5
Reviews: 5 positive, 0 negative, 0 neutral
Business model: licensed, fully compliant
Order Speed: instant
Support Quality: perfect
Verification Speed: unknown
UI Usability: good

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):

  1. 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%
  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 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:

  1. 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.
  2. 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)?

USA flag

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:

Perfect: 1 votes
Good: 0 votes
Average: 0 votes
Not so good: 0 votes
Poor: 0 votes

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!

Exchange is instant, zero delay: 1 votes
It's near instant, process takes less than 5 minutes: 0 votes
Order should be ready in 5-15 mins: 0 votes
It may take up to an hour to get your funds: 0 votes
Orders are completed during few hours: 0 votes
It takes up to 24 hours to get your money: 0 votes
Exchange may take a few days: 0 votes
The delay can be over a week: 0 votes

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!

John S., 3 testimonials
@ 10 Jan 2020
ItsMe G., 4 testimonials
@ 16 Sep 2019
Sticky F., 4 testimonials
@ 14 Sep 2019
50 C., 7 testimonials
@ 13 Sep 2019
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

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