BitQuick review & 5 testimonials for bitquick.co (06.2021)
- Overview: is BitQuick safe?
- Pros & Cons of BitQuick
- Services, BitQuick Provides
- Currencies & Payment Systems
- BitQuick fees
- Buying and selling limits
- Supported countries
- Customer service
- Verification at BitQuick
- Deposit/withdrawal speed
- Customers' testimonials
- FAQ about BitQuick
- BitQuick vs other exchanges
- Conclusion: is BitQuick legit or scam?
What is BitQuick in a nutshell? It's a trusted, respectable, well established, promising exchange service (p2p marketplace) working with 1 cryptocurrency: you can buy and sell coins using 1 fiat currency (1 banks & payment systems are supported). Exchange service started the business Oct 2013, it's a fully compliant, licensed financial company.
This service integrated 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
(2.0%)
we may say that BitQuick
charges
low fees:
2.0%
(in line with our statistics,
61%
exchanges take higher average fee)
and has
great buying limits:
$1.00
—
$555,556
(considering the gathered statistics,
93%
exchanges allow lower limits for orders).
This P2P Marketplace
welcomes customers from
1
country
(including your country: United States!).
It serves the US and allows registrations from
all the
56
states and territories.
On the report of the actual users, customer service is
below average;
while
the exchange is always instant
(or close).
Depending on the order details, you may need to verify your account
BitQuick has being assigned the special status: The best P2P Marketplace 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 p2p marketplace) to determine who's the best-of-the-best. Hence, we are pleased to say that BitQuick is exactly the one!
Based on all these facts, our verdict is the following: BitQuick 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 BitQuick safe?
BitQuick is the P2P Marketplace; Athena Bitcoin, Inc (dba BitQuick) started the business in October 2013. The company is based in the United States with the headquarters located in the Chicago.
BitQuick was founded by Jad Mubaslat.
Athena Bitcoin, Inc. has several offices in the US: Chicago, Saint Louis, Dallas, Miami and branches in Latin America: Bogotá (Colombia), Buenos Aires (Argentina). Besides the exchange platform, the company also operates a network of Bitcoin ATMs.
BitQuick was one of the first exchanges in the USA and worldwide. Although it suffered a hack in March, 2016, the customers' funds were never lost.
Answering the question how safe is BitQuick:
BitQuick 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 BitQuick exchange got such a rating.Pros & Cons of BitQuick
Since BitQuick 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 2013.10. Fully compliant and regulated business, service provided by licensed financial company.
- Bitquick earned perfect testimonials from the clientele.
- Fees are really low here.
- High purchase and withdrawal limits, convenient min/max amounts.
- Lightning-fast orders processing, according to customers feedback.
- Only 1 digital currencies and 1 fiat ones are supported. Just a 1 payment systems and banks are supported. Another downside is that this exchange does't allow crypto-to-crypto swaps.
- The quality of service, speed, etc. varies from seller to seller; the platform itself has almost zero impact on these.
Seems that there are not so many cons, but a lot of pros. We hope you will enjoy your experience exchanging at BitQuick! Try BitQuick today and let us know how you like it!
Services, BitQuick 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, BitQuick doesn't provide any services besides the cryptocurrency exchange, althought it's safe to say that it does it better than many competitors!
Currencies & Payment Systems
BitQuick 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: 3 biggest cryptocurrencies to invest in 2021.
1 fiat currencies are supported to provide crypto purchase and selling: US Dollar (USD). The P2P Marketplace will let you buy and sell Bitcoins using the following payment systems:
BitQuick fees
The fees you need to pay at this p2p marketplace 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):
Are BitQuick fees high or low?
Now it's time to draw a conclusion: considering the average fee the exchange charges for an operation we can state that BitQuick takes very low fees! According to our statistics, the majority of the competition charge way more than BitQuick does!
Buying and selling limits
And the good news: there are no limits on other payment systems (the limitations the payment system has aside) BitQuick supports! Comparing to other exchanges, BitQuick has a very convenient buying/selling limits setup; the minimal amount is tiny and the max is high. Whatever amount you have in mind, you can exchange it at this P2P Marketplace!
Supported countries
Platform allows the users from 1 countries to use the exchange. The following countries are supported by the p2p marketplace:
- United States (US)
Does BitQuick allow the users from United States (US)?
Yes, bitquick.co allows the registrations from the United States! P2P Marketplace 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)
It's possible to use the USD currency to buy/sell 1 cryptocurrencies at the BitQuick:
Customer service
Verification at BitQuick
The bitquick.co may require the customers to pass through the user identification (account verification) process. The following procedures should be completed if the customer needs to exchange an amount over $400 USD in equivalent:
- Phone confirmation
Note that the verification is only required for amounts over $400!
According to the customers surveys results, the average time to verify an account at BitQuick is the following:
Sorry, we haven't yet collected enough data. Do you know, how fast p2p marketplace does account verification? Kindly let us know, too. Thank you very much!
Deposit/withdrawal speed
Unlike all other exchange platforms, the P2P marketplace has almost no control over the funds delivery speed. In fact, it all depends on the dealer: if him or her will be fast, your monies are in wallet in no time. But if he/she is not — that's a completely different story!
The good thing is that you always can see the data about average escrow release, etc. before doing an exchange: choose the dealers with good feedback and nice stats and you should never ever have any problems!
Customers' testimonials
Our users left 5 testimonials about their experience dealing with BitQuick, 80% of the testimonials are positive, 20% are neutral and there are 0 negative ones. Feel free to read as many of these as you like!
Trusted exchange. but the interface sucks and can't pay by your card. Other than that ALL GREAT
Quick exchange and good service. No problems at all, probably the best and fastest way to convert your cash 2 coins!
Cool exchange to buy Bitcoins with cash deposit in the US. A lot of banks & CUs are supported, very nice!
I am a regular here, I like the service and everything. A nice choice of banks and credit unions where you can make a cash deposit!
I'm using it since like five years maybe.It's an awesome exchange I never get any kinds of problems. You can pay Western Union or bank deposit here, it's a great one if you want to purchase BTC with cash!!
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 BitQuick services, so most likely, you'd enjoy it too!
FAQ about BitQuick
Does BitQuick holds my funds?
Yes, it does. Although you can always withdraw the funds to your e-currency wallet "by default" BitQuick holds your balance at it's own hot storage wallet. Funds are kept on the escrow accounts, this is how P2P markets operates; but it's much safer to store your funds at other place.
Is BitQuick a good p2p marketplace?
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 BitQuick licensed? Does it hold e-money license?
Although Athena Bitcoin, Inc (registered name of company operating BitQuick exchange)holds no special licenses, it fully complies with the regulation in United States; no license is required there to run such a business.
Is BitQuick a ripoff?
It definitely isn't! Feel free to read the whole this review to understand why or check our conclusion: is BitQuick legit or scam.
What states BitQuick serves?
Due to the current regulation (and particularly, the terms of the BitLicense) allows the residents of all the states, besides the New York, to use the service without any limitations.
BitQuick vs other exchanges
Let's compare bitquick.co to other similar exchange services with more or less the same features: others of p2p marketplace 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 49 other cryptos, check the best rates to buy bitcoin and crypto in United States!
BitQuick vs Bitzlato
Let's compare the key features of these two platforms to see which one suits you best:
- Bitzlato is a p2p marketplace BitQuick is a p2p marketplace, both are using the same business model.
- Bitzlato had started the business March 2019 BitQuick started the business October 2013 (BitQuick operates 5 years and 5 months longer).
- Bitzlato is an ordinary company without licenses, etc. BitQuick has all the required business licenses and permissions (BitQuick utilizes a safer and more stable business model).
- Besides the digital currencies exchange, Bitzlato provides no extra services BitQuick provides more exchange-related services: it allows us to purchase and sell digital currencies.
- Bitzlato supports 7 cryptocurrencies and tokens BitQuick allows to swap just 1 crypto (BitQuick works with 6 cryptocurrencies & tokens fewer).
- Bitzlato allows registrations from 255 countries; United States is among the supported ones You may register at BitQuick if you reside in one of 1 countries; it serves United States among others (BitQuick supports less countries).
- During the account verification Bitzlato usually asks for some (it depends) documents and/or procedures User identification at BitQuick usually consists of 1 procedure: phone confirmation (BitQuick's compliance program forces a client to take more actions or to provide more data).
Although the final decision, which exchange — Bitzlato or BitQuick — 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 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:
BitQuick vs LocalBitcoins
Let's compare the key features of these two platforms to see which one suits you best:
- LocalBitcoins is a p2p marketplace BitQuick is a p2p marketplace, both are using the same business model.
- LocalBitcoins had started the business June 2013 BitQuick started the business October 2013 (localbitcoins.fi is working for 3 months longer time).
- LocalBitcoins is an ordinary company without licenses, etc. BitQuick has all the required business licenses and permissions (BitQuick utilizes a safer and more stable business model).
- Besides buying, selling and exchanging cryptocurrencies, LocalBitcoins provides no extra services BitQuick provides us with less services, related to the crypto exchange: it allows us to purchase and sell digital currencies.
- LocalBitcoins supports 13 cryptocurrencies and tokens BitQuick allows to swap just 1 crypto (BitQuick works with 12 cryptocurrencies & tokens fewer).
- LocalBitcoins allows registrations from 255 countries; United States is among the supported ones You may register at BitQuick if you reside in one of 1 countries; it serves United States among others (BitQuick supports less countries).
- During the account verification LocalBitcoins usually asks for some (it depends) documents and/or procedures User identification at BitQuick usually consists of 1 procedure: phone confirmation (BitQuick's compliance program forces a client to take more actions or to provide more data).
Although the final decision, which exchange — LocalBitcoins or BitQuick — 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 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:
BitQuick vs LocalCoinSwap
Let's compare the key features of these two platforms to see which one suits you best:
- LocalCoinSwap is a p2p marketplace BitQuick is a p2p marketplace, both are using the same business model.
- LocalCoinSwap had started the business December 2017 BitQuick started the business October 2013 (BitQuick operates 4 years and 2 months longer).
- LocalCoinSwap is an ordinary company without licenses, etc. BitQuick has all the required business licenses and permissions (BitQuick utilizes a safer and more stable business model).
- Besides the digital currencies exchange, LocalCoinSwap provides no extra services BitQuick provides more exchange-related services: it allows us to purchase and sell digital currencies.
- LocalCoinSwap supports 1 cryptocurrency BitQuick allows to swap just 1 crypto (BitQuick & LocalCoinSwap are working with the same number of digital currencys).
- LocalCoinSwap has a cashback bonus BitQuick has neither gifts or cashback available (BitQuick offers less bonuses for the clientele).
- LocalCoinSwap allows registrations from 255 countries; United States is among the supported ones You may register at BitQuick if you reside in one of 1 countries; it serves United States among others (BitQuick supports less countries).
- During the account verification LocalCoinSwap usually asks for some (it depends) documents and/or procedures User identification at BitQuick usually consists of 1 procedure: phone confirmation (BitQuick's compliance program forces a client to take more actions or to provide more data).
Although the final decision, which exchange — LocalCoinSwap or BitQuick — 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 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:
BitQuick vs Raidofinance
Let's compare the key features of these two platforms to see which one suits you best:
- Raidofinance is a broker BitQuick is a p2p marketplace, it has a different business model (feel free to read about the differences between broker and p2p marketplace)
- Raidofinance had started the business February 2019 BitQuick started the business October 2013 (BitQuick operates 5 years and 4 months longer).
- raidofinance.eu has all the required business licenses and permissions BitQuick 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, raidofinance.eu provides the following extra services: Mobile wallet and the Merchant Services BitQuick provides us with less services, related to the crypto exchange: it allows us to purchase and sell digital currencies.
- Raidofinance supports 3 cryptocurrencies and tokens BitQuick allows to swap just 1 crypto (BitQuick works with 2 cryptocurrencies & tokens fewer).
- 2 fiat currencies are available on raidofinance.eu website You'll be able to use 1 fiat currency converting it to crypto or token BitQuick (BitQuick supports 1 paper currency less).
- Raidofinance accepts deposits from and allows withdrawals to 2 fiat payment systems / banks BitQuick allows the user to utilize 1 various fiat payment systems and/or banks (BitQuick supports 1 banks and fiat payment systems less).
- Raidofinance charges 2% — 5% fee BitQuick charges the client 2.0% fee, depending on the currency, payment system, etc. (BitQuick has lower fees in general).
- Buying limits at Raidofinance start from $50.00 and are up to $10,000 Deposit/withdraw limits at BitQuick are $1.00 — $555,556 depending on the payment method (BitQuick has higher buying/selling limits).
- Raidofinance allows registrations from 251 countries; we are sorry, but United States is not supported this time You may register at BitQuick if you reside in one of 1 countries; it serves United States among others (BitQuick supports less countries).
- During the account verification Raidofinance usually asks for 2 documents and/or procedures (id verification, selfie) and it takes a day or two in most of the cases User identification at BitQuick usually consists of 1 procedure: phone confirmation (BitQuick policies related to KYC, fraud prevention, etc. are rather user-friendly, many will find it appealing that there are exceptions and orders without verification in certain situations).
- Due to results of community feedback, Raidofinance process deposit/withdrawal orders in about a couple of seconds, in fact — instantly, without any delay Due to results of community feedback, BitQuick process deposit/withdrawal orders in about a couple of seconds, in fact — instantly, without any delay (BitQuick processes deposits and withdrawals faster
- Our users left 7 testimonials about Raidofinance, 100% of which are positive We've collected 5 users testimonials about BitQuick, 80% are positive (BitQuick & Raidofinance was rated lower by the community).
Although the final decision, which exchange — Raidofinance or BitQuick — is better is up to you, we'll try to help you with the decision. Both exchanges are great, although BitQuick has a better total rating 100 vs Raidofinance's 95, we recommend you 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:
BitQuick vs Kuna
Let's compare the key features of these two platforms to see which one suits you best:
- Kuna is a trading platform BitQuick is a p2p marketplace, it has a different business model (feel free to read about the differences between trading platform and p2p marketplace)
- Kuna had started the business January 2016 BitQuick started the business October 2013 (BitQuick operates 2 years and 2 months longer).
- Kuna is an ordinary company without licenses, etc. BitQuick has all the required business licenses and permissions (BitQuick utilizes a safer and more stable business model).
- Besides buying, selling and exchanging cryptocurrencies, kuna.io provides the following extra services: Cash codes BitQuick provides us with less services, related to the crypto exchange: it allows us to purchase and sell digital currencies.
- Kuna supports 20 cryptocurrencies and tokens BitQuick allows to swap just 1 crypto (BitQuick works with 19 cryptocurrencies & tokens fewer).
- 3 fiat currencies are available on kuna.io website You'll be able to use 1 fiat currency converting it to crypto or token BitQuick (BitQuick supports 2 fiat currencies less).
- Kuna accepts deposits from and allows withdrawals to 7 fiat payment systems / banks BitQuick allows the user to utilize 1 various fiat payment systems and/or banks (BitQuick supports 6 banks and fiat payment systems less).
- Kuna charges 1.0% — 3.0% fee BitQuick charges the client 2.0% fee, depending on the currency, payment system, etc. (BitQuick has higher fees, generally).
- Buying limits at Kuna start from $1.00 and are up to $10,000 Deposit/withdraw limits at BitQuick are $1.00 — $555,556 depending on the payment method (BitQuick has higher buying/selling limits).
- Kuna allows registrations from 251 countries; we are sorry, but United States is not supported this time You may register at BitQuick if you reside in one of 1 countries; it serves United States among others (BitQuick supports less countries).
- Kuna allows the user to be anonymous, there is no account verification, etc. User identification at BitQuick usually consists of 1 procedure: phone confirmation (Unlike kuna.io that agrees to serve anonyms, BitQuick abides certain KYC, AML/CTF policies, there's an account verification)
- Due to results of community feedback, Kuna 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, BitQuick process deposit/withdrawal orders in about a couple of seconds, in fact — instantly, without any delay (BitQuick & Kuna process the deposits and withdrawals with equal speed).
- Our users left 4 testimonials about Kuna, 100% of which are positive We've collected 5 users testimonials about BitQuick, 80% are positive (BitQuick & Kuna was rated lower by the community).
Although the final decision, which exchange — Kuna or BitQuick — is better is up to you, we'll try to help you with the decision. Both exchanges are great, although BitQuick has a better total rating 100 vs Kuna's 84, we recommend you 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 BitQuick legit or scam?
Now it's time to draw a conclusion, is bitquick.co a scam or is it a legit exchange? We are 100% sure BitQuick 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 BitQuick:
- It is licensed, regulatory compliant financial company
- The p2p marketplace holds users' funds
- This company has being in the business for a long time; exchange was started 7 years and 8 months ago
- Exchange supports only 1 cryptocurrencies and just 1 fiat ones (totally 1 payment systems / banks are available). There are no extra services besides the digital currencies exchange
- It charges low fees: 2.0%; although the exchange of smaller amounts is rather inexpensive
- The purchase and withdrawal limits are high and you may exchange small amounts, if you wish to: from $1.00 to $555,556 USD, it depends on a payment system choice
- BitQuick allows registrations from 1 countries; people from United States may use the service
- Clients' testimonials are perfect, 100% (5 out of 5) note their positive experience dealing with BitQuick. According to the customers feedback:
- Deposits and withdrawals are instant
Stable and trusted exchange with solid reputation in the community. If you are in the US, it's a great choice to buy and sell Bitcoins!
Last but not least, according to our rating and the feedback from the BitQuick clientele, we consider it as "The best P2P Marketplace worldwide!" That means the platform really stands out from the 327 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 BitQuick has been so successful for 7+ years and we invite you to check out by yourself!