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Belgacoin

BelgiumBelgium
Buy/Sell from the platformbelgacoin.comSince 2014
Intuitive Ease of use, High Privacy, Wallet platform Private Keys Stored
  • Overview
  • Security
  • User Experience

Volume 24H: N

Belgacoin is a small crypto exchange service that doesn't require user registration for trading. Users can buy or sell small amounts of BTC, ETH, BCC, LTC, and DOGE with Belgacoin just by inputting their e-mail address and specifying the quantity they want. Belgacoin offers support for multiple fiat currencies and can be used for larger trades by providing additional personal information.

Belgacoin is best for users who don't have a technical background or for ones who prefer to make small transactions. In case one wants to use the wallet provided by the platform, he needs to create an account. They offer a basic wallet for Bitcoin, Litecoin, and Dogecoin.

Crypto Currencies Support

  • BCH
  • BTC
  • DOGE
  • ETH
  • LTC

Traditional Currency Support

  • AUD
  • CAD
  • CHF
  • DKK
  • EUR
  • HKD
  • HRK
  • HUF
  • IDR
  • JPY
  • KRW
  • MXN
  • NOK
  • NZD
  • PHP
  • PLN
  • RUB
  • SEK
  • SGD
  • THB
  • TRY
  • USD
  • ZAR

Language Support

  • Dutch
  • English
  • French
  • German

Country Support

  • European Union

Platforms Systems

  • — Web Interface

Stock Market Options

Interface customisation:

  • — N

Advanced Options:

  • — N

Discounts For The Big Traders

  • — N

There is no information regarding any breaches that might have occurred in the past and the company claims to offer a healthy and secure climate. All the transactions and users are verified. They offer a free service wallet but as they stated on their website, they don't offer any warranty of any kind and they don't assume any liability or responsibility for the user's wallet.

Summary:

2 Factor AuthenticationNo
Funds InsuredFunds Are Not Insured
Private Keys Stored OnExchange Platform
Storage TypeHot

Advanced Security Features:

  • — Limit Amount Of Daily Trades

Security Features:

  • — SSL

Legal Registration or Compliance:

  • — KYC / AML Compliant

Belgacoin was founded by Andre Powroznik in 2014. The company is based in Belgium and offers the possibility of placing online orders without the need of registration. The company doesn't allow any meetings with customers and provides the service"as is" with all faults, defects and errors, and without warranty of any kind.

Summary:

Overall, this service offers pretty much what they claim it does, exchanging their supported cryptos against numerous fiat currencies quickly and hassle-free. On the downside, the only payment method is via bank wire or SEPA transfer (for EU-based users) and they don't offer service to US residents or citizens.

Ease of useIntuitive
Transaction Fees1,5%
Deposit/Withdrawal Fee0.8% +
Deposit/Withdrawal Fee For Bank Transfer1.1+
Deposit/Withdrawal Fee For Credit CardN/A
Deposit/Withdrawal Fee Charged For 3rd party PaymentsN/A
Anonymous TradingNo

Deposit/Withdrawal Options:

Deposit from bank account, Withdrawl funds to bank account

Functionality:

Belgacoin offers the easiest way to trade, but the functions are limited. Users can make payments only through wire transfers or SEPA. As much as possible, orders are processed directly and available market rates are applied. This service manually approves transactions. Due to US legislation, Belgacoin can't provide service for US citizens or US residents.

Most common customer complaint:

— Limited functions, slow processing time, connection issues