Negative Bitcoin.de reviews
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Bitcoin.de is rated with 4 stars on a scale of 1-5. That is the result of 4 experience reports. The average rating of Exchanges on Crypto Review is 4 stars. All Exchanges reviews are currently composed of 12 experience reports. We have also put together Bitcoin.de alternatives for you.
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Bitcoin.de Review #1
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