Bitcoin.de reviews

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I briefly tested the Bitcoin.de platform myself, but decided relatively quickly that it was completely uninteresting for me.

Let's get to the biggest advantage first. This exchange is a German Exchange and it is also regulated there. This is definitely very rare in cryptospace and a welcome change from all the Asian and American stock exchanges. If you look at the design of the website you can see that it is a little old fashioned right now. It looks like a journey back in time. The amount of coins that can be bought there is old fashioned, because there are only few coins listed. So there are LTC; ETH; BSV; BTC; IOTA; DASH as tradable cryptocurrencies. In a world where at least 250 useful cryptocurrencies exist, it is simply not enough to keep up with the competition. Bitcoin.de works with the German Fidor Bank, which may be positive for some, but to be honest is a problem for me. My goal in cryptospace is to be independent from banks.

Let's look at the fees. When buying, there are about 1% fees on the purchase of the currencies. That's not that much at first, but you also get a significantly worse exchange rate than with other platforms. There is a 50 euro difference in Bitcoin between Binance and Bitcoin.de, which in my opinion is too high. If I'm honest, I don't see any reason to recommend this platform to friends and family members. There are much better platforms, with a lot more choice. I will never use Bitcoin.de in the future

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How did I get to the claim?

Bitcoin.de is the well-known and best-known exchange for Bitcoin payments in Germany. When I got into the crypto market, I got into Bitcoin very early.

What rights did I have and was this heard?

I wanted to buy Bitcoin as simply as possible and initially have a lot of functions. I haven't done much, heard that it is possible, it just works.

Did I particularly like it?

Buying and selling is simple and straightforward, similar to Kraken. Another advantage for beginners is that there are only currencies. At first it was just Bitcoin, Bitcoin Cash and ETH, removed I know. In the meantime, Bitcoin Gold, Dash and Iota are also handlebars.

SEPA rights have already worked quickly and repeatedly. When a customer of Fidor Bank, a man has other rights, I know. I don't know whether he dies but is only monitoring the transaction speed, or whether there are still further perks waiting.

Was it the better of the better even better?

Of course, a little more cryptocurrencies have been added over time. It doesn't mean having to be many, but every now and then another, well-perceived coin, there is certainly no harm to the purse.

I also heard that the banks are going to become banks. Even if I didn't have this problem myself, it wasn't particularly serious if some banks were used here

Would I hear the content of a friend? // Conclusion!

I can receive Bitcoin.de for newcomers or users who only want to buy Bitcoin. How there is, how it is, how much in the market, what has overtaken Bitcoin.de in my eyes in terms of convenience, appearance and variety of offers. The stock exchange is certainly a solid choice, but I don't see one final reason to change for this platform.

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Bitcoin.de is a user friendly Exchange, which is interessting for people who are new in the Crypto Space. Professionals will miss the deep Indicators like Pattern, Candles and so on. The Plattform Clientele are Hodlers and Starter, for Traders is the Plattform uninteressting. You miss a bunch of Crypto Currencies, only the most populars are available, and also the Volume is very small. For the normal Hodler with a "Small" Pocket the Volume is ok, but a smaller Volume means also less scope by the Price. The Plattform is also regulated by the Law, so it cant shut down by the Goverment like Asia Exchanges, where the Capital got freezed.

Before you start you need a KYC (Know your Costumer), because of the regulations. They backed up with the FIDOR Bank, as a trust Signal, so your Capital is also secured. It exists since 2013 and get never hacked, so i trust the Team and the Plattform. Since 2013 is a long Term, so a Exist Scam seems to be unlikly, its possible but really unlikly.

I like the concept of easy to handle Exchange. But the Offer of Coins is to small: BTC, ETH, BTC and LTC
This are the biggest and most interessting Coins, but the rest is a joke, BTC SV and BTG. So BTC and 4 Hardfok Coins, is for me in particular to less. Also the Volume of 1 BTC for 11.728 is much to less. If you want to by more or much cheaper, you have no chance, because they offer total at the moment 5 BTC for a ok price, the rest is to expensive and a Joke. The Spread is amazing.

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In trade I am rather conservative about regulations, laws etc. Therefore I always look for Exchanges, where I am sure to meet the requirements of the tax office etc. also in the next years. Therefore I found it great to find an exchange platform among German and European regulations regarding AML (Anti Money Laundry).
To do so, you have to go through a KYC (Know Your Customer) process with uploading of an ID card etc. during registration. This makes it easier to prove your identity later on in case of queries, when Bitcoin is switched back to FIAT to take away winnings. In addition, Bitcoin.de works together with FIDOR Bank as a trustee, which in turn increases the level of reliability enormously.
In addition, since 2013 the portal is one of the longest operating portals in the European crypto scene. Therefore a possible exit scam is almost impossible.
Like a bank with stock trading, Bitcoin.de requires so-called trade levels to be worked out in order to be able to free up higher trading volumes. I think this principle is good, because this way newcomers get into a FOMO (Fear of Missing Out) situation and possibly invest all their belongings in a "falling knife" in the trading terminology.
In addition to the purchase of Bitcoin, the portal also offers the purchase of respectable old coins such as IOTA, ETH, Litecoin unfortunately also "Shi....n" such as BCH, BSV, BTG etc. The only problem is that you cannot buy these Altcoins directly with FIAT.
What surprises me personally is that my antivirus program on my computer from time to time gives a warning about possible cryotpomining when I visit the site.

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