Experiences & Btcdirect Review
BTCdirect.eu is a European platform where you can buy various cryptocurrencies. It is a reliable platform, which has been active since 2013 and now employs 30 people every day. It is a platform where you can easily buy Bitcoin, Bitcoin Cash, Ethereum, Litecoin and Ripple.
BTCdirect is a broker in cryptocurrency that offers the possibility to buy and sell different types of crypto currencies. The crypto currencies you can sell and sell are among others: Bitcoin (BTC), Litecoin (LTC), Ethereum (ETH) and Ripple (XRP). Payment can be made via IDEAL, credit card, or by bank transfer.
You can buy, sell or send different crypto currencies via BTCdirect. At BTCdirect it is not possible to further trade the coins in your possession. You can do this at one of the other crypto exchanges, such as the Binance Exchange or Bitvavo.
Within Europe BTCdirect is known as a bigger player in the crypto sector. The company is based in the Netherlands and is therefore subject to Dutch laws and regulations. The main business of BTCdirect is that they purchase various coins on a large scale on international crypto exchanges. The purchased coins are then sold on their own platform.
The BTCdirect log in is quite easy to comply with. BTC direct offers the possibility for traders to trade freely up to €100,- verification. This means that you can buy or sell the different crypto’s that BTCdirect offers without having to be identified.
Are you interested in trading larger amounts than €100,-? Then you need to register in advance and there is an identification requirement. This obligation to identify yourself has been put into effect in order to prevent fraudulent transactions. In the Netherlands, the legislation is such that the buyer must be checked before an order can be placed. This is the only way for the selling party to be sure of who is doing business with.
Once the verification of your account has been completed, you have a day limit of up to €2500. Would you like to buy higher amounts of Bitcoin on BTCdirect? Then BTCdirect offers you the opportunity to upgrade your account. To upgrade your account, follow the blue bar and go to ‘limit’. Here you can follow the steps to upgrade your account.
For the BTCdirect login you need to create an account in advance. We will explain to you step by step how this works:
- Go to the website btcdirect.eu
- Then click on the light brown circle ‘Sign in’.
- You are now on the page where you can register.
- After filling in the required data, you will receive a confirmation e-mail.
- In the mail you will find a link to confirm your registration.
- After following the link you will be redirected to the BTCdirect site where you can continue the verification of your personal account.
- Here you can enter your personal details and choose a secure password for your account.
- The next important step is to verify your phone number, this is important to ensure the security of your account.
- After filling in your phone number BTCdirect will send you a verification text message with a code. Enter this code in the empty bar to verify your phone number.
- After verifying your phone number you can proceed to the last step of verification. Namely, identification. You can choose from various means of identification such as your driving license, ID card or passport.
- You can complete the verification by sending a photo of one of the three possible means of identification.
- After sending a picture of the document it will be treated and checked by BTC immediately. After this check has been successfully completed you will receive an email and SMS to confirm your successful registration.
How to buy cryptocurrency like Bitcoin on BTCdirect
After creating an account and completing the verification for this, you will enter your account. From now on, you can start buying Bitcoin on BTCdirect, provided you have a wallet where you can send the purchased Bitcoin to. This can be to a cryptocurrency exchange where you already have an account, or to your own private wallet.
Before you start buying Bitcoin on BTCdirect, make sure it has the black ‘Buy’ button checked. Here you can also select the currency you wish to purchase and the quantity you wish to purchase. BTCdirect will immediately show you the price of the coins you wish to buy in Euros.
After having decided which cryptocurrency you want to buy and the quantity of it, you will be put in the order form. It is important to check the details of the upcoming purchase for correctness.
After checking your purchase you can choose which payment method you want to use, for buying on BTCdirect. Under this payment method you will also find, for example, the well-known IDEAL (IDEAL is known for its safe and fast way of payment).
Then, after choosing your preferred payment method, enter the correct Bitcoin address. Note: Please make sure that the correct Bitcoin address is selected. If this is incorrect, you will lose your BTC.
After completing the payment, you will be asked if the Bitcoin address you entered is correct. Please check it again and click ‘Send coins’.
How to sell cryptocurrency on BTCdirect
When you have made a reasonable profit on the Bitcoin you own, BTCdirect offers you the opportunity to sell the Bitcoin to them for hard euros. To do this, you need to log in again and go to the order form again.
As you can see, this time ‘Sell’ is chosen instead of ‘Buy’. If you have completed a transaction before then you will see that your IBAN account number has already been filled in.
Here you will be able to select the number of Bitcoin you want to sell. BTCdirect will immediately show you the amount that will be paid out after the sale is completed. For security reasons, you must send the cryptocurrency you are selling within one hour to the specified Bitcoin Address of BTC.
When the Bitcoin has been received by BTCdirect, it will be shown under the heading ‘to be received by you’. After one hour, you will receive an email with the sales confirmation. The euro’s will be credited to your bank account within two working days.
What is the amount of the BTCdirect fee?
When purchasing cryptocurrency through an intermediary such as BTCdirect, a fee is always charged per transaction. This is the way BTCdirect earns its money and is unavoidable. The BTCdirect costs are fixed fees and are relatively high compared to other brokers. The BTCdirect fee may well be one of the highest in the Netherlands.
A minimum fee of 2% is charged for each purchase of Bitcoin and 1% for the sale of Bitcoin. For other cryptocurrencies, the minimum fee is 3% per purchase and 2% per sales transaction. BTCdirect also charges a number of other fees, for example for the use of IDEAL you pay € 0.99 and for bank contact there is a 3% transaction fee.
So the BTCdirect fee is very high, especially compared to the fees of other exchanges within the crypto sector. Also, the price you get depends on the current Bitcoin rate. So keep an eye on this price before you sell your Bitcoins, in order to make an optimal profit or to buy cheaply.
Is BTCdirect a reliable tradingplatform?
BTCdirect is a company that has been active in the crypto sector for many years and has built up a solid reputation in the Netherlands and Europe. This is mainly due to the fact that they quickly offered a platform where, in an easy way, it was possible to buy Bitcoin.
BTCdirect is a legitimate company based in the Netherlands. In addition, it is registered with the Chamber of Commerce and meets all Dutch requirements to operate as a broker. So it is safe to say that BTCdirect is an extremely reliable platform to buy or sell.
BTCdirect review and the BTCdirect erxperiences of users
BTCdirect is a very reliable platform to buy or sell Bitcoin. However, it is very important to take into account the relatively high BTCdirect fee per transaction. This fee is one of the highest in the Netherlands. With a peak of 3% per purchase for Ripple, for example.
For a cheaper crypto exchange I refer you to the Binance of Bivavo exchange. The Bivavo exchange charges only 0.25% per transaction. A difference of 2,75%(!).
The BTCdirect experiences of users of this platform are very positive. When you take a look at the BTCdirect experiences of users on Google, you will quickly see that 69% rate BTCdirect as ‘Excellent’. If you care less about the amount of the fee per transaction, BTCdirect can be a good and reliable choice for you.
If you have any questions for BTCdirect, they can be reached through various channels. For example, they offer you the possibility of contacting us by phone, live chat or e-mail.
BTCdirect is a Dutch platform. The website can therefore be found entirely in Dutch. If you have any questions, you are therefore advised to first read the frequently asked questions on the BTCdirect support page. Here the most frequently asked questions to BTCdirect are handled and are completely in Dutch. Easy to understand for everyone.
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|Free Account||Yes, register here|
|Country of residence||Netherlands|
|Buy with creditcard||Not possible|
|Buying with iDeal||Possible|
|Cash out to bank||Possible|
What is Btcdirect
Bitonic.eu has been active in the Netherlands since 2013, making it one of the first platforms where you can buy and sell bitcoin safely, reliably and quickly. Btcdirect only offers bitcoin, bitcoin cash, ethereum, litecoin and ripple. It is not an exchange, you can only buy and sell.
Bitonic only focuses on five cryptocurrencies: bitcoin, ethereum, bitcoin cash, ripple and litecoin.
Active in the world of cryptocurrencies since 201.
Easy to use platform.
More than 50,000+ customers in the Netherlands.
FREQUENTLY ASKED QUESTIONS
Is BTCdirect a reliable platform?
Yes, BTCdirect is a reliable platform to buy and sell different crypto currencies. The company has been active since 2013 and is constantly improving security for users.
Is it possible to get in touch with one of the BTCdirect employees?
Yes, BTCdirect has set up a special support centre where any questions can be asked. The support centre can be found here: https://support.btcdirect.eu/hc/nl
What is the amount of the fee per transaction at BTCdirect?
For the purchase of Bitcoin, there is a transaction fee of 2%. For sales, there is a 1-2% fee.
For the purchase of other crypto currencies, a transaction fee of 3% is charged for sales, and a transaction fee of 2% is charged for the purchase of other crypto currencies.
Is it possible to buy crypto currency from BTCdirect via IDEAL?
Is it possible to buy crypto currency from BTCdirect via IDEAL?