Bittylicious

Bittylicious

  • United Kingdom of Great Britain and Northern Ireland

  • P2P

  • Bittylicious.com

  • Since 2018

Bittylicious
In Social Media:
Intuitive Ease of use,  Enough secure,  Anonymously trading

Volume 24H: $81,911

Bittylicious is a peer-to-peer cryptocurrency exchange that matches up buyers and sellers of various coins like Bitcoin, Litecoin, Ether, Dash etc. through an online interface, while providing escrow services. The exchange is technically a marketplace where sellers offer their Bitcoin for sale. Prices and minimum purchase limits are set by the sellers within the platform.

The Bittylicious platform is web-based, really simple, and allows traders to enter the amount they want to buy/sell right on the homepage. Unregistered users can only buy around £50 worth of Bitcoins. As users go through the verification process, they are able to buy more Bitcoins. Most customer reviews rate the service as trustworthy.

Traditional Currency Support

  • Euros (EUR)
  • US Dollar (USD)

Language Support

  • Dutch
  • English
  • French

Country Support

  • European Union

Platforms Systems

  • Web Interface

Bittylicious 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 Bittylicious cryptocurrency exchange is part of the Bittylicious Ltd. company which is registered in London, UK. The exchange was created in 2013 and the CEO and founder of the company is Mark Warne, who previously established a internet hosting company in the UK called GigaTux.

Summary:

Bittylicious is one of the oldest UK crypto exchanges and works as a peer-to-peer service. It is convenient for digital currency trading in the UK and a great service for fast crypto purchases. Advantages are the fast and easy to use platform, lower fees for sellers than competitors, and refunds for delayed payments. Bittylicious has lower liquidity and higher prices than some exchanges.

Ease of use
Intuitive
Transaction Fees
It's free (fees may be hidden), 1% for sellers
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:

Bittylicious has no fees for buyers, but sellers are charged a commission of 1% of the sale amount. There is a reputation system for approved sellers to make sure users don't get defrauded. The platform accepts bank transfers, cash payments, and select mobile payments services, though card payments are only available in Euros. There's a 5-6% premium over most more-liquid exchanges.

Most common
customer complaint:

Low liquidity