BitBroker Reviews

About BitBroker Company

BitBroker is a brand by the owners of one of the most well-known cryptocurrency exchanges in the UK, CoinBurp, Peter Woods and Bipin Bhanderi. The cryptocurrency services of BitBroker is actually how Woods and Bhanderi moved forward with the founding of CoinBurp. When they borrowed that £1000 in 2014 to start BitBroker, they might have not been able to predict that their brand would make £100M in 2018 to make it a leader in the industry of Bitcoin trading exchanges. They accumulated the necessary wealth and knowledge to move up the ladder via BitBroker.

How BitBroker Works

How do I buy Bitcoin? How to buy alt coins on BitBroker?BitBroker is pretty straightforward with how it works as its name implies. You create your account via LocalBitcoins and then come back to BitBroker to find a network of brokers to buy and sell Bitcoin. The service is Bitcoin (BTC) -specific only, so you would not find altcoins such as Ethereum (XRP) or Ripple (XRP) offered by the brokers of Bitbroker.

Supported Crypto Currencies

Coins supported on BitBroker are completely in line with what LocalBitcoins has to offer since it uses the infrastructure. Therefore it is one coin that rules them all – Bitcoin, to be precise.

BitBroker Fees & Limits

Since BitBroker is a platform that brings buyers/sellers and brokers, there are no BitBroker trading fees to speak of. However as BitBroker utilizes LocalBitcoins as its service provider, rather than a BitBroker fee incurring, you might be charged direct/indirect BitBroker trading fees through LocalBitcoins. The limits are generally set by brokers depending how much they are willing and able to trade.

BitBroker Deposit Methods

How to Deposit Money In BitBroker Quick And Safely? How Can I Deposit on BitBroker? BitBroker does not accept money for itself – rather for the brokers, so you should proceed with the trade window to transfer money from your account. Once your identity is verified via KYC guidelines, BitBroker’s bank accounts information will be shared with you so you can initiate the transfer. BitBroker deposit options are via bank transfer and bank transfer only.

BitBroker Withdrawal Methods

How To Withdraw Money In BitBroker Quick And Safely? How To Withdraw Money From BitBroker? There is no such thing as withdrawing money from BitBroker since it is a platform to offer Bitcoins by its brokers network.You can not. BitBroker brokers get money transferred to their accounts prior to the release of Bitcoins purchased from them and that is an intra-corporate procedure. BitBroker withdrawal options are processed via bank transfers however we do not exactly know how they allow their brokers to receive.

BitBroker Reviews and Complaints

BitBroker is a tried and tested platform claiming that they ''made almost 40.000 customers happy'' however any business directly involving somebody’s money is prone to displeasure so to make sure you are making the right decision to make use of the service to satiate your Bitcoin cravings, let us keep you updated with BitBroker customer reviews and BitBroker complaints, if any, here at Kazan.io where first hand experience is our silver bullet.

How Can I Become a Member of BitBroker?

What are the BitBroker membership stages? The ''How to Buy'' link at the top will take you to a page with a blue button labeled ''Create an Account'' that will take you over to LocalBitcoins page for sign up process. And when you do that you have to come back to BitBroker homepage and pick your broker to start with your ID verification phase and conclude the trade itself. When you are good to go, you will receive bank account information for your purchase.