Bitrush

Bitrush

  • Netherlands

  • Buy/Sell from the platform

  • Bitrush.nl

  • Since 2018

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

Bitrush is a Dutch cryptocurrency exchange that allows users to buy and sell Bitcoin, Ethereum, and some other altcoins directly from the platform. The exchange allows fast transactions. Users can purchase Bitcoin in real-time and the coins are sent to their wallet almost instantly. Bitrush is available in several European countries and supports the Euro as fiat currency.

Bitrush is a user-friendly platform and simple to use. It is not quite a trading platform, but rather a simple form to fill in and complete transactions. Bitrush does not offer any additional features like price movement charts or order books. It does not require preliminary registration in order to use the platform. It is best-suited to beginner users based in Europe.

Traditional Currency Support

  • Euros (EUR)

Language Support

  • Dutch
  • English

Country Support

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

Platforms Systems

  • Web Interface

Bitrush 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 Bitrush exchange is run by Crypto Solutions B.V. KvK, a company registered in Amsterdam, Netherlands. The platform was founded in 2014 to make the purchase of Bitcoin and other cryptocurrencies easy, safe, and reliable. There are no other details about the company or the team behind this exchange available.

Summary:

Bitrush is a cryptocurrency exchange located in the Netherlands designed for users who want to trade digital assets on a web platform. One of their strong points is facilitating fast Bitcoin delivery after payment on an easy to use interface, even for inexperienced users. However, fees are unclear, they don't offer a wallet for crypto assets, and the privacy is questionable.

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
It's free (fees may be hidden)
Deposit/Withdrawal Fee For Credit Card
It's free (fees may be hidden)
Deposit/Withdrawal Fee Charged For 3rd party Payments
It's free (fees may be hidden)
Anonymous Trading
Yes

Deposit/Withdrawal Options:

Deposit from bank account, Deposit using credit card, Deposit using 3rd party, Withdrawl funds to bank account, Withdrawal funds to credit card, Withdrawal funds through a third party

Functionality:

Bitrush accepts bank transfers, credit cards, and several 3rd party payment gateways. Fees are dynamically listed at the end of each buy/sell order, but for purchases larger than €2500 Bitrush requires ID. Some purchases have a cooling down period. If a user places a €250 order, the platform keeps a limit of €200 for the next two days. If the user exceeds it, the coins are temporarily retained.

Most common
customer complaint:

No clear info on fees, limited privacy