BitQuick review & 6 testimonials for bitquick.co (05.2022)
- 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, 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,
55%
exchanges take higher average fee)
and has
great buying limits:
$1.00
—
$555,556
(considering the gathered statistics,
95%
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
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.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: 3 biggest cryptocurrencies to invest in 2022.
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
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?
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 33 cryptocurrencies and tokens BitQuick allows to swap just 1 crypto (BitQuick works with 32 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 $15.58 and are up to $389 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 6 cryptocurrencies and tokens BitQuick allows to swap just 1 crypto (BitQuick works with 5 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 6 fiat payment systems / banks BitQuick allows the user to utilize 1 various fiat payment systems and/or banks (BitQuick supports 5 banks and fiat payment systems less).
- WMexpress charges -9% — 29% 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 $32.23 and are up to $7,321 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 100monet
Let's compare the key features of these two platforms to see which one suits you best:
- 100monet 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)
- 100monet had started the business December 2014 BitQuick started the business October 2013 (BitQuick operates 1 years and 2 months longer).
- 100monet.pro 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, 100monet provides no extra services BitQuick provides more exchange-related services: it allows us to purchase and sell digital currencies.
- 100monet 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 & 100monet support the same number of countries and territories).
- During the account verification 100monet 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).
- Due to results of community feedback, 100monet process deposit/withdrawal orders in about about 5-15 mins 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 100monet, 83% of which are positive We've collected 5 users testimonials about BitQuick, 80% are positive (BitQuick & 100monet was rated lower by the community).
Although the final decision, which exchange — 100monet 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 100monet's 67, 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 29 cryptocurrencies and tokens BitQuick allows to swap just 1 crypto (BitQuick works with 28 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 8 years and 7 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!