BitQuick: why closed? 4 alternatives for bitquick.co (01.2025)
What was BitQuick
(now defunct)
in a nutshell?
It was a
trusted,
well established,
promising
exchange service
(p2p marketplace) working with
1
cryptocurrency:
you could
buy and sell coins using 1
fiat currency
(1
banks & payment systems were supported).
Exchange service started the business
Oct 2013,
it served the customers
for a few years.
This P2P Marketplace
served the clients from
255
countries
(including your country: United States!).
It was open for the US customers and allowed registrations from
all the
56
states and territories.
In the year
2022
BitQuick
was closed.
The reason why the p2p marketplace
had to close the doors was
the lack of profit.
Research:
the best alternative to BitQuick
Since there is no way you can use the services of
bitquick in 2025,
we took the liberty to research the market and suggest
a viable, well-known, 100% trusted alternative exchange platform.
How we did it? Let's explain! Makes sense to start from figuring
out what exactly we are looking for:
BitQuick
was the
P2P Marketplace;
Athena Bitcoin, Inc
(dba BitQuick)
started the business in October 2013.
The entity was operating for
11 years
and
3 months
and gained some popularity on the market.
The company was based in the
United States
with the headquarters located in 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.
Quote about BitQuick from the reviewer:
«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.»
Our visitors had left 5
testimonials about their experience at bitquick.co,
80% of the testimonials were positive,
20% were neutral
and there were
0
negative ones.
The rating the bitquick.co earned at our platform
was
"4.5 stars"
| 84 of 100.
Website only assisted the users to exchange various electronic currencies, no extra services were provided.
Considering all the abovementioned,
we were looking for another
p2p marketplace allowing registrations from
United States
with a flawless reputation and the best rating
and found a perfect match:
Bitpapa!
Let's explain what makes it the best choice for you:
BITPAPA
is also a
P2P Marketplace;
Bitpapa IC FZC LLC.
(dba Bitpapa)
had started doing the business in May 2020.
The legal entity is established in the United Arab Emirates
and the principal office is located in the Ajman media City Free Economic Zone.
Registration address of Bitpapa is A-0059-652 - Flamingo Villas.
It is a
maybe not the most recognized, but
well established,
exchange platform
(p2p marketplace) that supports
5
cryptocurrencies and tokens:
you can
buy and sell crypto using 24
national currencies
(88
payment systems and banks are supported) or
exchange one digital currency into another here.
Besides the crypto-exchange, bitpapa.com
also provides other crypto-related services, for example,
Mobile wallet.
This is what we value the most about this great exchange service:
- Although the entity holds no special licenses, etc. it fully complies with the local regulation
- The exchange runs the business for a long time;
project was started
4 years
and
8 months
ago
-
The platform supports
5 cryptocurrencies
and 24
fiat ones
(totally 88
payment systems / banks are available).
Apart from buying, selling and exchanging cryptocurrencies, there are other services available:
Mobile wallet
- Bitpapa
accepts the registrations from 255 countries;
customers from United States
can use the services
So, let's conclude: the best alternative to
BitQuick is
Bitpapa.
We know fairly much about this P2P Marketplace and other similar services, please continue reading!
Overall scoring for Bitpapa:
N/A
Although we have not collected enough testimonials to assign a rating to
Bitpapa,
we can pre-estimate the rating (considering there will be no user complaints) as
84/100.
More alternatives to
BitQuick
Of course, we can suggest some more alternative exchange services
you can use instead of the "dead" bitquick.co. We picked a few
similar exchanges that provides more or less the same service: other ones of
p2p marketplace type mostly.
Besides, we found platforms having similar rating
that are popular in United States particularly and
North America
in general.
If the only question that you want to ask is "what exchange has the best rates to buy and sell BTC and
50 cryptocurrencies?",
our price comparison platform always finds the
most beneficial exchange rates in
United States!
BitQuick vs CEX
Let's compare the most important features and key facts about the CEX
with what BitQuick (RIP) offered us in the past
to make a conclusion if
CEX will be the optimal choice for you:
-
CEX is a trading platform
BitQuick
was a
p2p marketplace,
it's also an exchange, but has slightly different business model
(feel free to read details about
the difference between
trading platform and p2p marketplace)
-
CEX had launched the service July 2014
BitQuick started the project October 2013
(BitQuick operated
9 months longer).
-
CEX has all the business licenses and permissions, required by law
BitQuick
was an ordinary limited company without any licenses, etc.
(CEX's business model makes it a better, safer choice for the customers).
-
Other than providing the services of buying, selling and exchanging cryptocurrency,
CEX provides some other exchange-related / financial services:
Lending,
Margin Trading,
Faucets (small amounts of cryptos for free) and the
Staking, MasterNodes, etc. (passive income opportunity)
BitQuick
provided less financial or other services, related to the cryptocurrency exchange:
it allowed us to purchase and sell digital currencies.
-
CEX supports 29 cryptocurrencies
BitQuick
allowed to exchange
only one crypto
(BitQuick
supports
28
fewer cryptocurrencies).
-
3
fiat currencies are available for buy- sell- operations at
CEX
You could use
1
fiat currency converting it to digital form on
BitQuick
(BitQuick
supported
2
fiat currencies less).
-
CEX accepts the deposits from and allows fund to be withdrawn to
8 banks and (fiat) payment systems
BitQuick
allowed the customer to use
1
various fiat payment systems and/or banks
(BitQuick
supported
7 banks and/or payment systems less).
-
The fees CEX charges:
0.3% — 3.99%
BitQuick
charged the user
2.0%
commission, depending on the exchange direction, payment system, etc.
(BitQuick
had higher fees, in general).
-
The purchase limits at CEX are starting from
$20.00 up to $10,000
Deposit and withdrawal limits at the BitQuick were
$1.00 — $555,556
depending on the specific payment method, etc.
(BitQuick
had a higher limits for buying and selling orders).
-
CEX allows users' registrations from 224 countries;
and we are glad to say that the people from
United States are welcome
You could register at the
BitQuick
if you were a resident of one of
255 countries;
it served United States
among all others
(BitQuick
supported more countries and territories).
-
When the client needs to pass through the KYC process at CEX,
they usually ask to provide 3
documents and / or specific procedures:
ID or Passport Verification,
Phone Number Confirmation (SMS or a call),
Selfie with ID in hands.
In most of the cases, it takes
about a day or two,
as per the actual clientele survey results
The process of Customer Identification at BitQuick
normally consisted of
1
procedure:
Phone Number Confirmation.
(BitQuick,
may it rest in peace,
was more liberal with the verification, etc;
CEX requires user identification for all the orders).
-
As per our analysis of the community feedback, CEX currently process orders to deposit and withdraw funds
in just few minutes
(although the exchange itself is instant)
The former users of BitQuick
reported that the process of a deposit or withdrawal took about
a few seconds or instantly, with zero delay
(BitQuick
processes requests to deposit and withdraw funds faster
-
Our visitors shared 27
reviews about CEX,
100%
of those are positive
While BitQuick was operating, we could get
5
clients testimonials,
80%
were positive
(BitQuick
was rated lower by their ex-clients).
We can't make a decision —
is CEX a worthy alternative to
BitQuick — instead of you,
but we'll try to assist with the matter.
Considering the fact that BitQuick had a lower rating score:
84 vs CEX rated
100,
it makes sense to state that
CEX
should be a great replacement
for now defunct p2p marketplace;
definitely worth trying!
Like reading? In fact, there are more exchanges worth comparing to BitQuick,
for example, those ones:
BitQuick vs Coinbase
Let's compare the most important features and key facts about the COINBASE
with what BitQuick (RIP) offered us in the past
to make a conclusion if
Coinbase will be the optimal choice for you:
-
Coinbase is a e-wallet
BitQuick
was a
p2p marketplace,
it's also an exchange, but has slightly different business model
(feel free to read details about
the difference between
e-wallet and p2p marketplace)
-
Coinbase had launched the service June 2012
BitQuick started the project October 2013
(Coinbase is operating for
1 years and 4 months longer).
-
Coinbase has all the business licenses and permissions, required by law
BitQuick
was an ordinary limited company without any licenses, etc.
(Coinbase's business model makes it a better, safer choice for the customers).
-
Besides cryptocurrencies buying|selling,
Coinbase provides some other exchange-related / financial services:
ATM Cards,
Merchant Services and the
Staking, MasterNodes, etc. (passive income opportunity)
BitQuick
provided less financial or other services, related to the cryptocurrency exchange:
it allowed us to purchase and sell digital currencies.
-
Coinbase supports 21 cryptocurrencies
BitQuick
allowed to exchange
only one crypto
(BitQuick
supports
20
fewer cryptocurrencies).
-
6
fiat currencies are available for buy- sell- operations at
Coinbase
You could use
1
fiat currency converting it to digital form on
BitQuick
(BitQuick
supported
5
fiat currencies less).
-
Coinbase accepts the deposits from and allows fund to be withdrawn to
8 banks and (fiat) payment systems
BitQuick
allowed the customer to use
1
various fiat payment systems and/or banks
(BitQuick
supported
7 banks and/or payment systems less).
-
The fees Coinbase charges:
1.0% — 3.99%
BitQuick
charged the user
2.0%
commission, depending on the exchange direction, payment system, etc.
(BitQuick
had lower fees in most of the cases).
-
Coinbase's customers are rewarded with the gifts
BitQuick
had neither gifts or cashback available
(BitQuick & Coinbase
both provide(d) more or less the same bonuses / gifts / etc. for the loyal customers).
-
The purchase limits at Coinbase are starting from
$2.00 up to $5,000
Deposit and withdrawal limits at the BitQuick were
$1.00 — $555,556
depending on the specific payment method, etc.
(BitQuick
had a higher limits for buying and selling orders).
-
Coinbase allows users' registrations from 39 countries;
and we are glad to say that the people from
United States are welcome
You could register at the
BitQuick
if you were a resident of one of
255 countries;
it served United States
among all others
(BitQuick
supported more countries and territories).
-
When the client needs to pass through the KYC process at Coinbase,
they usually ask to provide 2
documents and / or specific procedures:
ID or Passport Verification,
Phone Number Confirmation (SMS or a call).
In most of the cases, it takes
about a day or two,
as per the actual clientele survey results
The process of Customer Identification at BitQuick
normally consisted of
1
procedure:
Phone Number Confirmation.
(BitQuick,
may it rest in peace,
was more liberal with the verification, etc;
Coinbase requires user identification for all the orders).
-
As per our analysis of the community feedback, Coinbase currently process orders to deposit and withdraw funds
instantly, without any delay at all or in matter of seconds; the process is fully automated
The former users of BitQuick
reported that the process of a deposit or withdrawal took about
a few seconds or instantly, with zero delay
(BitQuick & Coinbase
process(ed) the fiat and crypto deposits | withdrawals with almost an equal speed).
-
Our visitors shared 25
reviews about Coinbase,
96%
of those are positive
While BitQuick was operating, we could get
5
clients testimonials,
80%
were positive
(BitQuick
was rated lower by their ex-clients).
We can't make a decision —
is Coinbase a worthy alternative to
BitQuick — instead of you,
but we'll try to assist with the matter.
Considering the fact that BitQuick had a lower rating score:
84 vs Coinbase rated
100,
it makes sense to state that
COINBASE
should be a great replacement
for now defunct p2p marketplace;
definitely worth trying!
Like reading? In fact, there are more exchanges worth comparing to BitQuick,
for example, those ones:
BitQuick vs WMexpress
Let's compare the most important features and key facts about the WMEXPRESS
with what BitQuick (RIP) offered us in the past
to make a conclusion if
WMexpress will be the optimal choice for you:
-
WMexpress is a broker
BitQuick
was a
p2p marketplace,
it's also an exchange, but has slightly different business model
(feel free to read details about
the difference between
broker and p2p marketplace)
-
WMexpress had launched the service August 2015
BitQuick started the project October 2013
(BitQuick operated
1 years and 10 months longer).
-
WMexpress operates without any registration or no information is available about the legal entity
BitQuick
was an ordinary limited company without any licenses, etc.
(BitQuick 's approach to the business made it a safer and more stable solution).
-
Besides the service of digital currency exchange,
WMexpress provides no other services
BitQuick
provided few more financial services:
it allowed us to purchase and sell digital currencies.
-
WMexpress allows users' registrations from 255 countries;
and we are glad to say that the people from
United States are welcome
You could register at the
BitQuick
if you were a resident of one of
255 countries;
it served United States
among all others
(BitQuick & WMexpress
support(ed) the same number of countries worldwide).
-
When the client needs to pass through the KYC process at WMexpress,
they usually ask to provide some (it depends on various factors)
documents and / or specific procedures
In most of the cases, it takes
about a day or two,
as per the actual clientele survey results
The process of Customer Identification at BitQuick
normally consisted of
1
procedure:
Phone Number Confirmation.
(BitQuick
compliance stuff traditionally asked the client to provide more data, pass through more procedures).
-
As per our analysis of the community feedback, WMexpress currently process orders to deposit and withdraw funds
in just few minutes
The former users of BitQuick
reported that the process of a deposit or withdrawal took about
a few seconds or instantly, with zero delay
(BitQuick
processes requests to deposit and withdraw funds faster
-
Our visitors shared 7
reviews about WMexpress,
100%
of those are positive
While BitQuick was operating, we could get
5
clients testimonials,
80%
were positive
(BitQuick
was rated lower by their ex-clients).
We can't make a decision —
is WMexpress a worthy alternative to
BitQuick — instead of you,
but we'll try to assist with the matter.
Since the WMEXPRESS exchange service
got a lower rating at our platform:
71 versus 84 that
BitQuick
used to have,
it may make sense to also review another possible replacements for
a non-working p2p marketplace,
particularly the ranked "best-of-the-best"
Bitpapa!
Like reading? In fact, there are more exchanges worth comparing to BitQuick,
for example, those ones:
BitQuick vs chby
Let's compare the most important features and key facts about the CHBY
with what BitQuick (RIP) offered us in the past
to make a conclusion if
chby will be the optimal choice for you:
-
chby is a broker
BitQuick
was a
p2p marketplace,
it's also an exchange, but has slightly different business model
(feel free to read details about
the difference between
broker and p2p marketplace)
-
chby had launched the service July 2018
BitQuick started the project October 2013
(BitQuick operated
4 years and 9 months longer).
-
chby operates without any registration or no information is available about the legal entity
BitQuick
was an ordinary limited company without any licenses, etc.
(BitQuick 's approach to the business made it a safer and more stable solution).
-
Besides the service of digital currency exchange,
chby provides no other services
BitQuick
provided few more financial services:
it allowed us to purchase and sell digital currencies.
-
chby allows users' registrations from 255 countries;
and we are glad to say that the people from
United States are welcome
You could register at the
BitQuick
if you were a resident of one of
255 countries;
it served United States
among all others
(BitQuick & chby
support(ed) the same number of countries worldwide).
-
When the client needs to pass through the KYC process at chby,
they usually ask to provide some (it depends on various factors)
documents and / or specific procedures
In most of the cases, it takes
about a day or two,
as per the actual clientele survey results
The process of Customer Identification at BitQuick
normally consisted of
1
procedure:
Phone Number Confirmation.
(BitQuick
compliance stuff traditionally asked the client to provide more data, pass through more procedures).
-
As per our analysis of the community feedback, chby currently process orders to deposit and withdraw funds
in just few minutes
The former users of BitQuick
reported that the process of a deposit or withdrawal took about
a few seconds or instantly, with zero delay
(BitQuick
processes requests to deposit and withdraw funds faster
-
Our visitors shared 6
reviews about chby,
100%
of those are positive
While BitQuick was operating, we could get
5
clients testimonials,
80%
were positive
(BitQuick
was rated lower by their ex-clients).
We can't make a decision —
is chby a worthy alternative to
BitQuick — instead of you,
but we'll try to assist with the matter.
Since the CHBY exchange service
got a lower rating at our platform:
70 versus 84 that
BitQuick
used to have,
it may make sense to also review another possible replacements for
a non-working p2p marketplace,
particularly the ranked "best-of-the-best"
Bitpapa!
Like reading? In fact, there are more exchanges worth comparing to BitQuick,
for example, those ones:
BitQuick vs TransCoin
Let's compare the most important features and key facts about the TRANSCOIN
with what BitQuick (RIP) offered us in the past
to make a conclusion if
TransCoin will be the optimal choice for you:
-
TransCoin is a broker
BitQuick
was a
p2p marketplace,
it's also an exchange, but has slightly different business model
(feel free to read details about
the difference between
broker and p2p marketplace)
-
TransCoin had launched the service May 2018
BitQuick started the project October 2013
(BitQuick operated
4 years and 7 months longer).
-
TransCoin has all the business licenses and permissions, required by law
BitQuick
was an ordinary limited company without any licenses, etc.
(TransCoin's business model makes it a better, safer choice for the customers).
-
Besides the service of digital currency exchange,
TransCoin provides no other services
BitQuick
provided few more financial services:
it allowed us to purchase and sell digital currencies.
-
TransCoin supports 1 cryptocurrencies
BitQuick
allowed to exchange
only one crypto
(BitQuick & TransCoin
count the same number of electronic currencys).
-
TransCoin allows users' registrations from 255 countries;
and we are glad to say that the people from
United States are welcome
You could register at the
BitQuick
if you were a resident of one of
255 countries;
it served United States
among all others
(BitQuick & TransCoin
support(ed) the same number of countries worldwide).
-
When the client needs to pass through the KYC process at TransCoin,
they usually ask to provide some (it depends on various factors)
documents and / or specific procedures
The process of Customer Identification at BitQuick
normally consisted of
1
procedure:
Phone Number Confirmation.
(BitQuick
compliance stuff traditionally asked the client to provide more data, pass through more procedures).
-
Our visitors shared 5
reviews about TransCoin,
100%
of those are positive
While BitQuick was operating, we could get
5
clients testimonials,
80%
were positive
(BitQuick
was rated lower by their ex-clients).
We can't make a decision —
is TransCoin a worthy alternative to
BitQuick — instead of you,
but we'll try to assist with the matter.
Considering the fact that BitQuick had a lower rating score:
84 vs TransCoin rated
100,
it makes sense to state that
TRANSCOIN
should be a great replacement
for now defunct p2p marketplace;
definitely worth trying!
Like reading? In fact, there are more exchanges worth comparing to BitQuick,
for example, those ones:
Another approach:
finding
the best rate to exchange
BTC & crypto
in United States and
North America
There is another way of finding the most worthy alternative to BitQuick
that will work best for you
considering:
- The fees and rates provided at the moment by
3
exchange websites of a "P2P Marketplace" type
and 10,613
other offers.
- BTC/USD
exchange rate at those ;
the availability of service for the residents of United States.
- Which local banks & payment systems out of
154 serving US
are the fastest, most convenient and cost-efficient personally for you.
- Amount you need to swap: say,
the conditions for exchanging
USD
1
will be significantly different from the terms of
$58,802.0
conversion.
- And of course, you see the rating, users reviews
(up-to-date 637
real clients testimonials), etc.
for all the offers available!
Our platform could find 49
offers to buy, sell, exchange BTC available to users from
United States,
and 42 of these are for the
US Dollar currency.
There are totally 27
exchange services supporting US.
Some of those are providing the access to
USD|BTC market,
including such types as
e-wallet,
P2P Marketplace,
Trading Platform,
etc.
5
exchanges has active offers for these currencies right now;
you can buy/sell using 20
local and international payment systems & banks!
The local dealers and exchanges are mentioning the support of
17 local banking institutions and the payment systems.
According to the latest data we have,
the lowest fee to
purchase BTC
with USD locally is available for
Etana,
that's a local payment system.
The most popular domestic options for purchasing BTC @ US:
BitQuick
supported domestic US Dollar currency
to buy and sell crypto.
Exchange platforms we are monitoring also have some beneficial ways to exchange.
Totally 20 payment methods and banks
are covered in North America and the rest of the world!