Bitboat

Bitboat

  • United Kingdom of Great Britain and Northern Ireland

  • P2P

  • Bitboat.net

  • Since 2018

Bitboat
In Social Media:
Very basic Ease of use,  Enough secure,  Anonymously trading

Bitboat is an Italian peer-to-peer cryptocurrency exchange that acts as an escrow service for buyers and sellers of digital coins. The exchange operates in Europe, mainly Italy and France, and allows users to operate with Bitcoin, Ether, Dash and other popular altcoins. The coins are traded mostly through cash deposits, the platform is easy to use and the service is fast and safe.

The Bitboat exchange has a straight-forward, user-friendly platform where buyers and sellers can begin trading fast and easy. The interface is modern, with only a few features, but provides all you need to start using Bitboat. ID verifications are required for big purchases. The customer support is good, but works only during weekdays.

Traditional Currency Support

  • Euros (EUR)

Language Support

  • English
  • French
  • Italian
  • Spanish

Country Support

  • European Union
  • United Kingdom of Great Britain and Northern Ireland

Platforms Systems

  • Web Interface

Bitboat security levels are exceptionally high. They offer 2FA and a withdrawal white list option. They use an elastic multi-stage wallet strategy ensuring that 80-90% of funds are kept offline and secure. Also, for withdrawals, users are required to pass an enhanced verification process providing proof of the validity of their identification documents.

Summary:

2 Factor Authentication
No
Funds Insured
No

The Bitboat crypto platform is part of Bitboat Ltd., a company registered in London, UK. The exchange was founded in 2013 by Thomas Bertani, CTO. Their mission is to popularize the use of Bitcoin technology for the masses by providing an easy method to make crypto purchases though well-known payment methods.

Summary:

Bitboat is a P2P platform for cryptocurrency trading between users. They provide an automated and safe method to trade digital coins in the EU. Bitboat offers several payment methods, but is not the best choice for buying Bitcoin with anonymity since it requires ID verification for larger sums. Also, there are high fees for most of the payment methods and a tight monthly payment limit of 5,000 Euro.

Ease of use
Very basic
Transaction Fees
It's free (fees may be hidden)
Deposit/Withdrawal Fee
It's free (fees may be hidden)
Deposit/Withdrawal Fee c For Bank Transfer
N/A
Deposit/Withdrawal Fee For Credit Card
N/A
Deposit/Withdrawal Fee Charged For 3rd party Payments
It's free (fees may be hidden)
Anonymous Trading
Yes

Deposit/Withdrawal Options:

Deposit using 3rd party, Withdrawal funds through a third party

Functionality:

Bitboat offers a wide range of payment methods, such as cash, vouchers (Paysafecard etc.), or coupons (Neosurf). Most of these third-party partners have daily or monthly volume limits for Euros. Payment must be made within 1 hour of receiving payment info. If not, the user must contact the company before the order will be sent. Transactions are fast with a waiting time of around 15 minutes.

Most common
customer complaint:

High fees for payment methods, tight payment limits