EXPERIENCES & Bitcoin Meester REVIEW
Bitcoin Master is a reliable platform to buy bitcoin and dozens of other cryptocurrencies safely and quickly.
Bitcoin Meester is a Dutch crypto broker. On this trading platform, you can easily buy and sell over 100 different digital currencies.
One of the main reasons why Bitcoin Meester is so popular among the Dutch public is because of the many different payment options available. For example, you can use IDEAL to deposit euros into your Bitcoin Meester account and use it to buy crypto currency.
In this article, we will provide a full explanation of how this trading platform works and a guide to buying and selling crypto at Bitcoin Meester.
Buy and sell Crypto on Bitcoin Meester Manual
Before you can start buying Bitcoin and selling Bitcoin on Bitcoin Meester, you will need to have an account. In this tutorial, we will explain to you step by step how the registration process on Bitcoin Meester works.
Register Bitcoin Master and login Bitcoin Meester
The first step before you can start buying or selling crypto currency on Bitcoin Meester is to register an account. This is an easy process to comply with and doesn’t differ much from other crypto exchanges.
The first step is to go to Bitcoin Meester’s website. Once you get to the website, click ‘Open an account’ and fill in your details. After doing this, click the ‘Create Account’ button.
Bitcoin Meester will then ask you to verify your email address and you will receive an email with an activation link. To activate your account, click on this link.
Bitcoin Meester account security setting
To secure your account it is recommended to set up a 2FA. This provides extra security on top of the default password.
You can set up a 2FA by clicking on ‘Your Details’ at the top of the page of your account. When you scroll down you will see ‘Two-Step Authentication’. You then click on this to start setting up 2FA authentication.
Under the heading ‘Tweetraps Authentication’ you choose ‘Google Authenticator’ in the drop down menu. A QR-Code will now be shown that can be scanned using the Google Authenticator app on your phone. After doing this, the 2FA is set on your phone. From now on it is only possible to login with your password and the code shown in the app on your smartphone.
Bitcoin Meester verification
For traders on Bitcoin Meester who wish to deposit more than €100, it is necessary to go through a verification process by sending some personal information to Bitcoin Meester. This is mandatory for Bitcoin Meester to comply with KYC legislation. Once your account verification is complete, you can deposit up to $10,000.
To begin the verification process on Bitcoin Meester, you will need to click on ‘Your details’ in your account. Then click ‘View Verification’ as shown below.
- Identity – After uploading your personal information, Bitcoin Meester verifies your identity within one hour on working days. Uploaded data will also be checked on weekends, although this may take a little longer than working days.
- Bank account – Your bank account is very easy to verify in just a few minutes via IDEAL. For manual transfers it may take 1 to 3 working days before the verification is completed.
Deposit money to your Bitcoin Meester account
Unlike some other crypto exchanges, depositing money into your account at Bitcoin Meester is very easy to do. This is because of the many payment options Bitcoin Meester offers its customers, such as the well-known IDEAL.
The first step is to click ‘Deposit Euros’ in your account, as shown below.
Enter the amount you wish to deposit and then choose one of the payment options offered by Bitcoin Meester.
Then complete the payment and wait until the money is finally in your account. After the payment is complete and the money is in your account, you can start buying crypto on Bitcoin Master.
Buying Bitcoin Meester crypto
After depositing money into your Bitcoin Master account, you can start trading crypto on Bitcoin Master. In the overview shown in your account, you will find all the crypto coins offered by Bitcoin Meester. Here you can choose a crypto currency of your choice and click ‘Buy’.
Enter the amount of euros you want to spend on a crypto coin of your choice. As soon as the purchase has been made, the crypto you bought will be listed in the wallet of your account. Your current balance is easy to see by clicking on ‘My account’ at the top right of the page.
Bitcoin Meester crypto selling
Selling crypto currency at Bitcoin Meester is pretty much the same process as buying crypto currency at Bitcoin Meester.
First, you deposit the crypto currency you wish to sell into your Bitcoin Master account. To do this, look up the coin you wish to deposit in the overview and right click on the ‘deposit’ button. After doing this, a deposit address will be displayed. Copy this address and send the crypto in your possession here.
Once the crypto currency you sent arrives in your Bitcoin Master wallet, you can start selling it for euros. To do this, select the crypto currency you want to sell and click ‘sell’.
Enter the number you wish to sell. In our example we show the sale of 0.01 Bitcoin.
After completing the sale, the euros obtained for this sale will be in your account wallet. These euros can then be easily deposited into your bank account by Bitcoin Meester.
Bitcoin Meester fee
Like other crypto exchanges, Bitcoin Meester’s revenue model is that you pay a certain percentage to Bitcoin Meester per transaction executed. The amount is different for each transaction. The average cost per trade is around 2%. Depending on the trade volume you trade with, you can get discounts on the trades you execute.
Is Bitcoin Meester trustworthy?
Bitcoin Meester is committed to the safety of the platform’s users. Therefore, when creating an account, a 2FA is requested almost immediately. This is done to make an account more secure against hackers. For example, when someone finds out your password, in whatever way. Then he or she can’t enter your account yet because of the verification code that still needs to be entered.
Bitcoin Meester review
Bitcoin Meester is one of the most accessible crypto exchanges in the Netherlands. This is because of the many payment methods available at Bitcoin Meester. The user-friendliness, security, and service offered by the platform is also an important source of popularity for Bitcoin Meester.
The only drawback we can mention about Bitcoin Meester is that it charges relatively high fees for trading. Especially compared to other Dutch exchanges such as Bitvavo, where the cost per transaction is only 0.25%.
Bitcoin Meester contact
Bitcoin Meester has customer service that can be reached in a variety of ways. For example, it is possible to contact one of the employees by phone during office hours. But also through social media channels and even Whatsapp contact is possible.
More information can be found on Bitcoin Meester’s Contact page. You can find it here:
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|Free Account||Yes, register here|
|Country of residence||Netherlands|
|Buy with creditcard||Not possible|
|Buy with iDeal||Possible|
|Cash out to bank||Possible|
Bitcoin Meester review
What is Bitcoin Meester
Bitcoin Meester is a company based in the Netherlands. They have an English speaking helpdesk and you will be helped by email or phone.
At Bitcoin Meester you can buy and sell bitcoins safely and quickly. First you need to create an account and then you can use your account to buy digital currency.
Bitcoin Meester offers more than 75+ cryptocurrencies.
Bitcoinmeester.co.uk is a secure platform to buy and sell.
Easy to use platform & Clear interface.
Buying and selling
Easy buying and selling at low fees.
Frequently asked questions
What are the trading costs at Bitcoin Meester?
The average cost per trade is about 2% at Bitcoin Meester.
Is Bitcoin Meester a secure platform?
Yes, Bitcoin Meester is safe and reliable and knows many satisfied sounds.
Which crypto currency can you trade on Bitcoin Meester?
At Bitcoin Meester, there are over 100+ different crypto currencies to buy and sell.
Is is possible to with IDEAL at Bitcoin Meester?
Yes, it is possible to use IDEAL as a payment method at Bitcoin Meester.