Bitcoin.de Reviews

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Average Ratings

Fees?

Are there fixed fees, transaction fees, or other fees?

★★☆☆☆
Security?

Is the website safe and your information secure? Have there been previous breaches in security?

★★★★★
Coins?

How many coins are available to trade?

★☆☆☆☆
Ease of Use?

How good is the overall experience? Is it easy to buy/sell tokens, view funds, and see market movements?

★★★☆☆
Total
★★☆☆☆

Website:

https://www.bitcoin.de/en

Social:

SECURITY

Bitcoin.de has never been hacked. That is awesome news. But what got them the 5 star rating in our book was the fact that 98% of the coins are kept in cold storage and the company provides two-factor authentication. That is even better news. You can really feel safe with storing your Bitcoins here.

 

FEES

The fees at Bitcoin.de are split evenly between the buyer and seller. They vary between 0.8% and 1%, depending on your method of payment (i.e. bank account type and type of transaction).

 

COINS

Bitcoin.de isn’t like any traditional exchange. Only Bitcoin (BTC or XBT) and Bitcoin Cash (BCC) are offered at Bitcoin.de. Additionally they are traded only against the EUR. The minimum transaction size is €60. so that may be a bit of a barrier to smaller investors.

 

EASE OF USE

Bitcoin.de did a great job of creating a very clean and simple interface that anyone can pick up in seconds. One thing you have to remember is that Bitcoin.de is trying to do something completely different than all the rest of the exchanges. The trading process is not instant. The order book on Bitcoin.de is essentially filled with offers by different sellers, who build up their reputation over time, much like in an online store. That’s why most people relate them to eBay.

 

OVERALL

Bitcoin.de is a German based company that is attempting to connect Bitcoin buyers and sellers in a new way that is completely safe. They were pretty much created by the FIDOR Bank, which gives them a ton of credibility in the market. They passed our security sniff with flying colors. The fact that they keep 98% of the coins in cold storage is great news for investors and holders. Trading on the platform is basically similar to finding an ad and taking it. All in all, this is an extremely secure way of entering the crypto market, but not good at all of an option for active trading.

SECURITY

Bitcoin.de has never been hacked. That is awesome news. But what got them the 5 star rating in our book was the fact that 98% of the coins are kept in cold storage and the company provides two-factor authentication. That is even better news. You can really feel safe with storing your Bitcoins here.

 

FEES

The fees at Bitcoin.de are split evenly between the buyer and seller. They vary between 0.8% and 1%, depending on your method of payment (i.e. bank account type and type of transaction).

 

COINS

Bitcoin.de isn’t like any traditional exchange. Only Bitcoin (BTC or XBT) and Bitcoin Cash (BCC) are offered at Bitcoin.de. Additionally they are traded only against the EUR. The minimum transaction size is €60. so that may be a bit of a barrier to smaller investors.

 

EASE OF USE

Bitcoin.de did a great job of creating a very clean and simple interface that anyone can pick up in seconds. One thing you have to remember is that Bitcoin.de is trying to do something completely different than all the rest of the exchanges. The trading process is not instant. The order book on Bitcoin.de is essentially filled with offers by different sellers, who build up their reputation over time, much like in an online store. That’s why most people relate them to eBay.

 

OVERALL

Bitcoin.de is a German based company that is attempting to connect Bitcoin buyers and sellers in a new way that is completely safe. They were pretty much created by the FIDOR Bank, which gives them a ton of credibility in the market. They passed our security sniff with flying colors. The fact that they keep 98% of the coins in cold storage is great news for investors and holders. Trading on the platform is basically similar to finding an ad and taking it. All in all, this is an extremely secure way of entering the crypto market, but not good at all of an option for active trading.