Professional review of the cryptocurrency exchange Bitonic: real traders’ reviews
Bitonic: the Number 1 Cryptocurrency Exchange in Europe
“Bitonic” is an innovative cryptocurrency exchange based in the Netherlands, providing services within the European Union. During our research of the company at bitonic.nl, we discovered plenty of interesting information about the company. Let’s explore the key details about it.
Foundation and Rebranding
The company’s history began in 2011 when a group of enthusiasts from the Netherlands encountered issues with exchanging Bitcoin. Collaboration with the payment system iDeal enabled them to launch a mechanism for instant buying and selling of Bitcoin. The company initially started as iDealCoin but underwent a successful rebrand on June 12, 2012, and became known as Bitonic, registered as V.O.F.
Location and Contacts
Bitonic actively serves traders from European Union countries, providing contact information such as postal addresses, email, phone, and social media. The company has offices in Barn and Amsterdam, with its main office located in Amsterdam.
Service and Offerings
The standout feature of Bitonic is its simplicity: here you can instantly exchange BTC to EUR and vice versa without the need to create an account on bitonic.nl. However, for transactions exceeding 50 euros per week, bank account verification is required. Bitonic offers a convenient and fast way to verify the account by entering email, phone number, and IBAN.
Customer Support
Communication channels with Bitonic’s exchange support include an online form on the website and contacts through messengers, social media, and email. Responses from support are available at different times depending on the chosen communication method.
Buying and Selling BTC Process
On bitonic.nl, you can always rely on current exchange rates based on the data from the Central Bank of the Netherlands and coinmarketcap.com. The process of buying and selling BTC is simple: select the desired operation, specify the amount and account for the transaction. Bitcoin will be instantly credited to your account.
Reviews and Recommendations
Reviews of Bitonic, though rare, are mostly positive. Customers value the speed of operations and service convenience. We recommend you to review the feedback and assess the advantages and disadvantages of the cryptocurrency exchange yourself.
Conclusion
Bitonic, despite its shortcomings, remains a competitive player in the European market. Before using the exchange services, carefully study the provided information and conduct additional research to make an informed decision.
Author: Igor Nekhoroshkov
I am unsatisfied with the broker’s work as Bitonic’s performance did not meet my trading expectations and standards.