Bitcoin Romania is the most important crypto exchange available on the Romanian market. Users can make safe and fast transactions through their platform or by using their ATMs. The exchange is designed for general use, is beginner-friendly, and offers a good user experience.
The platform is suitable for all type of users and transactions can be made very easily. Users need to provide their social security number, a copy of their ID, and a working phone number in order to make transactions on this platform. Deposits via bank transfer are set to a minimum of EUR 100 and ATM cash withdrawals are limited.
Bitcoin Romania 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.
Bitcoin Romania was founded in 2014 by George Rotariu, a young crypto enthusiast. The purpose of the company was"to offer a viable alternative to invest, trade, save, and remit funds outside of the conventional banking systems and existing cash solutions.
Although their company also runs the largest network of Bitcoin ATMs in Romania with English and Romanian support, they don't offer an FAQ section on their website. However, users in need of additional information can contact the support team by e-mail or phone.
Deposit from bank account, Deposit using credit card, Deposit using an ATM (Special BTC ATM), Withdrawl funds to bank account, Withdrawal funds to credit card, Withdrawal from ATM (Special BTC ATM)
Bitcoin Romania offers only a few options within the platform, making it straightforward for new users to get trading BTC and ETH. They provide an easy way to deposit or withdraw fiat from their ATMs. They have partnered with Stan & Smith, to implement an instant cash deposit and withdrawal service. The exchange also has partnerships with exchanges in Barcelona, Los Angeles, and Vancouver.
Slow customer support, ID requirements