BitQuick review & 6 testimonials for bitquick.co (02.2023)
What is BitQuick in a nutshell?
It's a
trusted,
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 serves the clients
for a few years.
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,
46%
exchanges take higher average fee)
and has
great buying limits:
$1.00
—
$555,556
(considering the gathered statistics,
94%
exchanges allow lower limits for orders).
This P2P Marketplace
welcomes customers from
255
countries
(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
(just Phone Number Confirmation
should be required)
to exchange money on this p2p marketplace.
Since
2013,
bitquick.co
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
fast order processing,
usability of the user interface
most of all.
Our platform assigns the bitquick.co
84/100 rating:
it's
a good score,
higher than
95%
of the competition!
For example,
WMexpress and
chby
are ranked below, although
CEX
(100/100)
has better rank among our community members.
Based on all these facts,
our verdict is the following:
BitQuick is a
safe
place to
buy and sell
Bitcoins,
a great exchange, the service community appreciates!
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 definitely safe!
84/100 rating
is fairly a good one,
95%
exchanges have lower rating!
Let's break down how the BitQuick exchange got such a rating.
Overall rating for BitQuick:
84 / 100
Pros & Cons of BitQuick
Since BitQuick is rated
highly
by our visitors,
the exchange likely has some impressive features that are the strong sides.
But nothing is perfect, so there must be some downsides, too.
Let's check it out:
- P2P Marketplace operates for a long time, service was started 2013.10.
- Bitquick earned perfect testimonials from the clientele.
- Fees are really low here.
- High purchase and withdrawal limits, convenient min/max amounts.
- Almost all the countries in the world are welcomed here! Feel free to check if your country is allowed to register an account.
- 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:
Cryptocurrencies backed by assets to invest in 2023.
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 255
countries to use the exchange.
The following countries are supported by the p2p marketplace:
-
Afghanistan
(AF)
-
Aland Islands
(AX)
-
Albania
(AL)
-
Algeria
(DZ)
-
American Samoa
(AS)
-
Andorra
(AD)
-
Angola
(AO)
-
Anguilla
(AI)
-
Antarctica
(AQ)
-
Antigua & Barbuda
(AG)
-
Argentina
(AR)
-
Armenia
(AM)
-
Aruba
(AW)
-
Ascension Island
(AC)
-
Australia
(AU)
-
Austria
(AT)
-
Azerbaijan
(AZ)
-
Bahamas
(BS)
-
Bahrain
(BH)
-
Bangladesh
(BD)
-
Barbados
(BB)
-
Belarus
(BY)
-
Belgium
(BE)
-
Belize
(BZ)
-
Benin
(BJ)
-
Bermuda
(BM)
-
Bhutan
(BT)
-
Bolivia
(BO)
-
Bosnia & Herzegovina
(BA)
-
Botswana
(BW)
-
Bouvet Island
(BV)
-
Brazil
(BR)
-
British Indian Ocean Territory
(IO)
-
British Virgin Islands
(VG)
-
Brunei
(BN)
-
Bulgaria
(BG)
-
Burkina Faso
(BF)
-
Burundi
(BI)
-
Cambodia
(KH)
-
Cameroon
(CM)
-
Canada
(CA)
-
Canary Islands
(IC)
-
Cape Verde
(CV)
-
Caribbean Netherlands
(BQ)
-
Cayman Islands
(KY)
-
Central African Republic
(CF)
-
Ceuta & Melilla
(EA)
-
Chad
(TD)
-
Chile
(CL)
-
China
(CN)
-
Christmas Island
(CX)
-
Cocos (Keeling) Islands
(CC)
-
Colombia
(CO)
-
Comoros
(KM)
-
Congo - Brazzaville
(CG)
-
Congo - Kinshasa
(CD)
-
Cook Islands
(CK)
-
Costa Rica
(CR)
-
Côte d’Ivoire
(CI)
-
Croatia
(HR)
-
Cuba
(CU)
-
Curaçao
(CW)
-
Cyprus
(CY)
-
Czech Republic
(CZ)
-
Denmark
(DK)
-
Diego Garcia
(DG)
-
Djibouti
(DJ)
-
Dominica
(DM)
-
Dominican Republic
(DO)
-
Ecuador
(EC)
-
Egypt
(EG)
-
El Salvador
(SV)
-
Equatorial Guinea
(GQ)
-
Eritrea
(ER)
-
Estonia
(EE)
-
Ethiopia
(ET)
-
Falkland Islands
(FK)
-
Faroe Islands
(FO)
-
Fiji
(FJ)
-
Finland
(FI)
-
France
(FR)
-
French Guiana
(GF)
-
French Polynesia
(PF)
-
French Southern Territories
(TF)
-
Gabon
(GA)
-
Gambia
(GM)
-
Georgia
(GE)
-
Germany
(DE)
-
Ghana
(GH)
-
Gibraltar
(GI)
-
Greece
(GR)
-
Greenland
(GL)
-
Grenada
(GD)
-
Guadeloupe
(GP)
-
Guam
(GU)
-
Guatemala
(GT)
-
Guernsey
(GG)
-
Guinea
(GN)
-
Guinea-Bissau
(GW)
-
Guyana
(GY)
-
Haiti
(HT)
-
Heard Island and McDonald Islands
(HM)
-
Honduras
(HN)
-
Hong Kong SAR China
(HK)
-
Hungary
(HU)
-
Iceland
(IS)
-
India
(IN)
-
Indonesia
(ID)
-
Iran
(IR)
-
Iraq
(IQ)
-
Ireland
(IE)
-
Isle of Man
(IM)
-
Israel
(IL)
-
Italy
(IT)
-
Jamaica
(JM)
-
Japan
(JP)
-
Jersey
(JE)
-
Jordan
(JO)
-
Kazakhstan
(KZ)
-
Kenya
(KE)
-
Kiribati
(KI)
-
Kosovo
(XK)
-
Kuwait
(KW)
-
Kyrgyzstan
(KG)
-
Laos
(LA)
-
Latvia
(LV)
-
Lebanon
(LB)
-
Lesotho
(LS)
-
Liberia
(LR)
-
Libya
(LY)
-
Liechtenstein
(LI)
-
Lithuania
(LT)
-
Luxembourg
(LU)
-
Macau SAR China
(MO)
-
Macedonia
(MK)
-
Madagascar
(MG)
-
Malawi
(MW)
-
Malaysia
(MY)
-
Maldives
(MV)
-
Mali
(ML)
-
Malta
(MT)
-
Marshall Islands
(MH)
-
Martinique
(MQ)
-
Mauritania
(MR)
-
Mauritius
(MU)
-
Mayotte
(YT)
-
Mexico
(MX)
-
Micronesia
(FM)
-
Moldova
(MD)
-
Monaco
(MC)
-
Mongolia
(MN)
-
Montenegro
(ME)
-
Montserrat
(MS)
-
Morocco
(MA)
-
Mozambique
(MZ)
-
Myanmar (Burma)
(MM)
-
Namibia
(NA)
-
Nauru
(NR)
-
Nepal
(NP)
-
Netherlands
(NL)
-
New Caledonia
(NC)
-
New Zealand
(NZ)
-
Nicaragua
(NI)
-
Niger
(NE)
-
Nigeria
(NG)
-
Niue
(NU)
-
Norfolk Island
(NF)
-
Northern Mariana Islands
(MP)
-
North Korea
(KP)
-
Norway
(NO)
-
Oman
(OM)
-
Pakistan
(PK)
-
Palau
(PW)
-
Palestinian Territories
(PS)
-
Panama
(PA)
-
Papua New Guinea
(PG)
-
Paraguay
(PY)
-
Peru
(PE)
-
Philippines
(PH)
-
Pitcairn Islands
(PN)
-
Poland
(PL)
-
Portugal
(PT)
-
Puerto Rico
(PR)
-
Qatar
(QA)
-
Réunion
(RE)
-
Romania
(RO)
-
Russia
(RU)
-
Rwanda
(RW)
-
Samoa
(WS)
-
San Marino
(SM)
-
São Tomé & Príncipe
(ST)
-
Saudi Arabia
(SA)
-
Senegal
(SN)
-
Serbia
(RS)
-
Seychelles
(SC)
-
Sierra Leone
(SL)
-
Singapore
(SG)
-
Sint Maarten
(SX)
-
Slovakia
(SK)
-
Slovenia
(SI)
-
Solomon Islands
(SB)
-
Somalia
(SO)
-
South Africa
(ZA)
-
South Georgia & South Sandwich Islands
(GS)
-
South Korea
(KR)
-
South Sudan
(SS)
-
Spain
(ES)
-
Sri Lanka
(LK)
-
St. Barthélemy
(BL)
-
St. Helena
(SH)
-
St. Kitts & Nevis
(KN)
-
St. Lucia
(LC)
-
St. Martin
(MF)
-
St. Pierre & Miquelon
(PM)
-
St. Vincent & Grenadines
(VC)
-
Sudan
(SD)
-
Suriname
(SR)
-
Svalbard & Jan Mayen
(SJ)
-
Swaziland
(SZ)
-
Sweden
(SE)
-
Switzerland
(CH)
-
Syria
(SY)
-
Taiwan
(TW)
-
Tajikistan
(TJ)
-
Tanzania
(TZ)
-
Thailand
(TH)
-
Timor-Leste
(TL)
-
Togo
(TG)
-
Tokelau
(TK)
-
Tonga
(TO)
-
Trinidad & Tobago
(TT)
-
Tristan da Cunha
(TA)
-
Tunisia
(TN)
-
Turkey
(TR)
-
Turkmenistan
(TM)
-
Turks & Caicos Islands
(TC)
-
Tuvalu
(TV)
-
Uganda
(UG)
-
Ukraine
(UA)
-
United Arab Emirates
(AE)
-
United Kingdom
(GB)
-
United States
(US)
-
Uruguay
(UY)
-
U.S. Outlying Islands
(UM)
-
U.S. Virgin Islands
(VI)
-
Uzbekistan
(UZ)
-
Vanuatu
(VU)
-
Vatican City
(VA)
-
Venezuela
(VE)
-
Vietnam
(VN)
-
Wallis & Futuna
(WF)
-
Western Sahara
(EH)
-
Yemen
(YE)
-
Zambia
(ZM)
-
Zimbabwe
(ZW)
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
Sorry, but we haven't collected enough data about this yet.
Do you have any experience exchanging with the BitQuick?
Can you please
add your testimonial?
This will help everyone a lot, thanks!
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:
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
6IX9INE 1.,
2
testimonials
@ 22 Jan 2021
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!
Savage 2.,
3
testimonials
@ 14 Sep 2019
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!!
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 BitQuick, 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 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?
It is not, although seems that such business model complies with the regulation in BitQuick home country.
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 Coinbase
Let's compare the key features of these two platforms to see which one suits you best:
-
Coinbase is a e-wallet
BitQuick is a p2p marketplace,
it has a different business model
(feel free to read about the
differences between
e-wallet and p2p marketplace)
-
Coinbase had started the business June 2012
BitQuick started the business October 2013
(coinbase.com is working for
1 years and 4 months longer time).
-
coinbase.com has all the required business licenses and permissions
BitQuick is an ordinary company without licenses, etc.
(Coinbase's business model is more stable and safer for clients).
-
Besides buying and selling cryptocurrencies,
coinbase.com provides the following extra services:
ATM Cards,
Merchant Services and the
Staking, MasterNodes, etc. (passive income opportunity)
BitQuick provides us with less services, related to the crypto exchange:
it allows us to purchase and sell digital currencies.
-
Coinbase supports 21
cryptocurrencies and tokens
BitQuick allows to swap
just
1
crypto
(BitQuick
works with
20
cryptocurrencies & tokens fewer).
-
6
fiat currencies are available on
coinbase.com website
You'll be able to use
1
fiat currency converting it to crypto or token
BitQuick
(BitQuick
supports
5
fiat currencies less).
-
Coinbase accepts deposits from and allows withdrawals to
8 fiat payment systems / banks
BitQuick allows the user to utilize 1
various fiat payment systems and/or banks
(BitQuick
supports 7 banks and fiat payment systems less).
-
Coinbase charges
1.0% — 3.99%
fee
BitQuick charges the client
2.0%
fee, depending on the currency, payment system, etc.
(BitQuick
has lower fees in general).
-
Coinbase gives the gifts to the customers
BitQuick has neither gifts or cashback available
(BitQuick & Coinbase
both provide the same bonuses for customers).
-
Buying limits at Coinbase start from
$2.00 and are up to $5,000
Deposit/withdraw limits at BitQuick are
$1.00 — $555,556
depending on the payment method
(BitQuick
has higher buying/selling limits).
-
Coinbase allows registrations from 39 countries;
United States is among the supported ones
You may register at BitQuick if you reside in one of 255 countries;
it serves United States among others
(BitQuick
supports more countries worldwide).
-
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 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, 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, BitQuick process deposit/withdrawal orders in about
a couple of seconds, in fact — instantly, without any delay
(BitQuick & Coinbase
process the deposits and withdrawals with equal speed).
-
Our users left 25
testimonials about Coinbase,
96%
of which are positive
We've collected 5
users testimonials about BitQuick,
80%
are positive
(BitQuick & Coinbase
was rated lower by the community).
Although the final decision, which exchange —
Coinbase 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 lower total rating
84 vs Coinbase with 100,
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 Kraken
Let's compare the key features of these two platforms to see which one suits you best:
-
Kraken 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)
-
Kraken had started the business July 2011
BitQuick started the business October 2013
(kraken.com is working for
2 years and 2 months longer time).
-
kraken.com has all the required business licenses and permissions
BitQuick is an ordinary company without licenses, etc.
(Kraken's business model is more stable and safer for clients).
-
Besides buying, selling and exchanging cryptocurrencies,
kraken.com provides the following extra services:
Mobile wallet,
OTC trading,
Margin Trading,
Futures Trading and the
Staking, MasterNodes, etc. (passive income opportunity)
BitQuick provides us with less services, related to the crypto exchange:
it allows us to purchase and sell digital currencies.
-
Kraken supports 34
cryptocurrencies and tokens
BitQuick allows to swap
just
1
crypto
(BitQuick
works with
33
cryptocurrencies & tokens fewer).
-
7
fiat currencies are available on
kraken.com website
You'll be able to use
1
fiat currency converting it to crypto or token
BitQuick
(BitQuick
supports
6
fiat currencies less).
-
Kraken accepts deposits from and allows withdrawals to
10 fiat payment systems / banks
BitQuick allows the user to utilize 1
various fiat payment systems and/or banks
(BitQuick
supports 9 banks and fiat payment systems less).
-
Kraken charges
0.25% — 3.75%
fee
BitQuick charges the client
2.0%
fee, depending on the currency, payment system, etc.
(BitQuick & Kraken
charge the customer with the equal fee level, more or less).
-
Buying limits at Kraken start from
$14.92 and are up to $373
Deposit/withdraw limits at BitQuick are
$1.00 — $555,556
depending on the payment method
(BitQuick
has higher buying/selling limits).
-
Kraken allows registrations from 234 countries;
United States is among the supported ones
You may register at BitQuick if you reside in one of 255 countries;
it serves United States among others
(BitQuick
supports more countries worldwide).
-
During the account verification Kraken
usually asks for 2
documents and/or procedures
(id verification,
address confirmation)
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, Kraken 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 & Kraken
process the deposits and withdrawals with equal speed).
-
Our users left 3
testimonials about Kraken,
100%
of which are positive
We've collected 5
users testimonials about BitQuick,
80%
are positive
(BitQuick & Kraken
was rated lower by the community).
Although the final decision, which exchange —
Kraken 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 lower total rating
84 vs Kraken with 100,
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 WMexpress
Let's compare the key features of these two platforms to see which one suits you best:
-
WMexpress 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)
-
WMexpress had started the business August 2015
BitQuick started the business October 2013
(BitQuick operates
1 years and 10 months longer).
-
wm.express operates without a business registration or there is no information available about it
BitQuick is an ordinary company without licenses, etc.
(BitQuick utilizes a safer and more stable business model).
-
Besides buying and selling cryptocurrencies,
WMexpress provides no extra services
BitQuick provides the same number of services as WMexpress:
it allows us to purchase and sell digital currencies.
-
WMexpress supports 31
cryptocurrencies and tokens
BitQuick allows to swap
just
1
crypto
(BitQuick
works with
30
cryptocurrencies & tokens fewer).
-
just one national currency is presented on
wm.express website
You'll be able to use
1
fiat currency converting it to crypto or token
BitQuick
(BitQuick & WMexpress
permit the same number of fiat currencys).
-
WMexpress 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).
-
WMexpress charges
3% — 18%
fee
BitQuick charges the client
2.0%
fee, depending on the currency, payment system, etc.
(BitQuick
has lower fees in general).
-
Buying limits at WMexpress start from
$109.39 and are up to $793
Deposit/withdraw limits at BitQuick are
$1.00 — $555,556
depending on the payment method
(BitQuick
has higher buying/selling limits).
-
WMexpress allows registrations from 255 countries;
United States is among the supported ones
You may register at BitQuick if you reside in one of 255 countries;
it serves United States among others
(BitQuick & WMexpress
support the same number of countries and territories).
-
WMexpress allows the user to be anonymous, there is no account verification, etc.
User identification at BitQuick
usually consists of 1
procedure:
phone confirmation
(Unlike wm.express that agrees to serve anonyms,
BitQuick abides certain KYC, AML/CTF policies, there's an account verification)
-
Due to results of community feedback, WMexpress process deposit/withdrawal orders in about
in couple of minutes
(although the exchange is instant)
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 WMexpress,
100%
of which are positive
We've collected 5
users testimonials about BitQuick,
80%
are positive
(BitQuick & WMexpress
was rated lower by the community).
Although the final decision, which exchange —
WMexpress 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
84 vs WMexpress's 71,
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 chby
Let's compare the key features of these two platforms to see which one suits you best:
-
chby 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)
-
chby had started the business July 2018
BitQuick started the business October 2013
(BitQuick operates
4 years and 9 months longer).
-
chby.io operates without a business registration or there is no information available about it
BitQuick is an ordinary company without licenses, etc.
(BitQuick utilizes a safer and more stable business model).
-
Besides the digital currencies exchange,
chby provides no extra services
BitQuick provides more exchange-related services:
it allows us to purchase and sell digital currencies.
-
chby allows registrations from 255 countries;
United States is among the supported ones
You may register at BitQuick if you reside in one of 255 countries;
it serves United States among others
(BitQuick & chby
support the same number of countries and territories).
-
During the account verification chby
usually asks for some (it depends)
documents and/or procedures
and it takes
a day or two
in most of the cases
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).
-
Due to results of community feedback, chby process deposit/withdrawal orders in about
in couple of minutes
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 6
testimonials about chby,
100%
of which are positive
We've collected 5
users testimonials about BitQuick,
80%
are positive
(BitQuick & chby
was rated lower by the community).
Although the final decision, which exchange —
chby 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
84 vs chby's 68,
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 CEX
Let's compare the key features of these two platforms to see which one suits you best:
-
CEX 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)
-
CEX had started the business July 2014
BitQuick started the business October 2013
(BitQuick operates
9 months longer).
-
cex.io has all the required business licenses and permissions
BitQuick is an ordinary company without licenses, etc.
(CEX's business model is more stable and safer for clients).
-
Besides buying, selling and exchanging cryptocurrencies,
cex.io provides the following extra services:
Lending,
Margin Trading,
Faucets (small amounts of cryptos for free) and the
Staking, MasterNodes, etc. (passive income opportunity)
BitQuick provides us with less services, related to the crypto exchange:
it allows us to purchase and sell digital currencies.
-
CEX supports 31
cryptocurrencies and tokens
BitQuick allows to swap
just
1
crypto
(BitQuick
works with
30
cryptocurrencies & tokens fewer).
-
3
fiat currencies are available on
cex.io website
You'll be able to use
1
fiat currency converting it to crypto or token
BitQuick
(BitQuick
supports
2
fiat currencies less).
-
CEX accepts deposits from and allows withdrawals to
8 fiat payment systems / banks
BitQuick allows the user to utilize 1
various fiat payment systems and/or banks
(BitQuick
supports 7 banks and fiat payment systems less).
-
CEX charges
0.3% — 3.99%
fee
BitQuick charges the client
2.0%
fee, depending on the currency, payment system, etc.
(BitQuick
has higher fees, generally).
-
Buying limits at CEX start from
$20.00 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).
-
CEX allows registrations from 224 countries;
United States is among the supported ones
You may register at BitQuick if you reside in one of 255 countries;
it serves United States among others
(BitQuick
supports more countries worldwide).
-
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 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, CEX process deposit/withdrawal orders in about
in couple of minutes
(although the exchange is instant)
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 27
testimonials about CEX,
100%
of which are positive
We've collected 5
users testimonials about BitQuick,
80%
are positive
(BitQuick & CEX
was rated lower by the community).
Although the final decision, which exchange —
CEX 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 lower total rating
84 vs CEX with 100,
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?
Well, BitQuick is definitely a legit exchange,
it can't be called scam for sure!
Let's summarize what we like most (and what we don't) about the BitQuick:
- Although it has no financial licenses, etc. such a business model complies with the regulation
- The p2p marketplace holds users' funds
- This company has being in the business for a long time;
exchange was started
9 years
and
4 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 255 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!
Overall rating for BitQuick:
84 / 100