Bitonic.nl Reviews

About Bitonic

Bitonic is a broker cryptocurrency service targeting crypto admirers in the Netherlands. Bitonic Company was created by three Dutch entrepreneurs who are acknowledged for the lack of Bitcoin trading exchanges specialized in Europe. We can consider Bitonic as a comprehensive platform with educational courses, seminars, presentations and analyses about Bitcoin. Through the ''Academy'' section, you can reach multiple articles for beginners and experts. With its user-friendly interface and innovative approach in the sector, it has been accepted as one of the best cryptocurrency services in the Netherlands. Bitonic expands its dominance day by day. But is it the Bitcoin exchange you are looking for? Let's keep on reading!

How Bitonic Works

How to buy Bitcoin on Bitonic? Bitonic makes it fast and secure to buy and sell Bitcoin (BTC). Unfortunately, trading Ethereum (ETH), Ripple (XRP), Litecoin, Tether or any other crypto currency is not possible here. If you are interested in margin trading or a crypto wallet, unfortunately Bitonic is not for your needs. It is an entry-level company allowing people to buy Bitcoin via Euro. It is officially registered in the crypto-register of the Dutch Central Bank (DNB). This makes the company legit and reliable for both Dutch and European traders.

Supported Crypto Currencies

The only coin supported on Bitonic is Bitcoin (BTC) whereas the only available fiat currency is Euro. However, the users are looking forward to seeing more altcoins reachable on exchange. For this moment, what you could do is to buy bitcoins here and trade these for other digital currency on another exchange platform.

Bitonic Fees & Limits

Bitonic fees and costs are not mentioned clearly in the website. This is an exchange where you can only buy and sell Bitcoin with a given price. Thus, there are no extra statements for trading fees on Bitonic. Furthermore, being only an exchange, we can not talk about Bitonic withdrawal fees. When you confirm the transaction, the amount will be transferred to your crypto address.
The maximum amount you can buy using Bancontact is set at € 2500.
The maximum amount you can buy using iDEAL is set at € 50000.

Bitonic Deposit Methods

Just like any other exchange, to deposit money in Bitonic you must own a crypto wallet and Bitcoin address. A crypto wallet works as a bank account. You can see your wallet address like an IBAN number. Available Bitonic deposit options are iDEAL and Bancontact. Simply click ''Buy'', write the amount of Bitcoin you want to buy, insert your Bitcoin address and choose an option to pay. After agreeing to the Terms & Conditions and privacy policy, click ''Buy Bitcoin'' to complete the transaction.

Bitonic Withdrawal Methods

How to Withdraw Money from Bitonic? The only Bitonic withdrawal option is SEPA Bank Transfers. Simply click ''Sell'', enter the predesignated amount, your Bitcoin address and withdrawal . Then click ''Next''. Please do not forget to check the boxes saying ''Urgent pay-out'' and ''I agree to the Terms & Conditions and privacy policy.''

Bitonic Reviews and Complaints

Bitonic customer reviews are mostly focused on the lack of detailed fee information and service of only Bitcoin in trading. But Bitonic answers the demands negatively and claims Bitcoin is the only crypto currency they trust. To view what current customers think and Bitonic complaints about this platform, please visit Kazan.io.

How Can I Become a Member of Bitonic?

What are the Bitonic Membership Stages? Unlike other exchange companies, Bitonic is not asking for creating an account or documentation verification. Account verification (e-mail, telephone, IBAN) is only required for transactions above €50 at the time of writing.