BTCXchange is a small Romanian-based peer-to-peer cryptocurrency trading platform available in the EU and other countries. They offer users support for buying and selling Bitcoin from other users registered with the service. The platform also provides a wallet for its users from which clients can send Bitcoins to external wallets.
The BTCxChange trading platform is suitable even for novice users since the registration process is simple and intuitive. Placing an order is easy and they offer good support through their FAQ section. The interface design is modern and minimal, thus making the navigation process on the platform very effortless. Users need to be verified in order to withdraw funds.
Crypto Currencies Support
Traditional Currency Support
- Euros (EUR)
- US Dollar (USD)
- European Union
- Most Africa
- Most of Asia
- Most of Eastern European Union
- Most of Latin America
- Most of the Middle East
- United States of America
- Web Interface
The platform offers 2FA with Google Authenticator or Yubikey and they do provide a Bitcoin wallet but aren't explicit about the storage methods they use. They state that they have liquid deposits and guarantee that in case of a user losing funds due to an attack, they will reimburse losses only if 2FA is activated on the account.
Advanced Security Features:
- Ability to limit access to account based on IP address
- Protection from DDoS attackes
The company behind this is exchange is BTC X CHANGE TRADING SRL, a small company registered in Lasi, Romania that is run by CEO, Max Nicula, whose whereabouts are unknown. Recently, users on Bitcointalk have discussed possible fraud allegations with this platform. On January 26th, 2018, BTCxChange announced they would close all fiat accounts and would only support BTC operations.
BTCxChange is a p2p exchange from Romania that operates mostly in the EU. The platform is small and hasn't been able to gain users' full trust due to fraud allegations and complaints regarding the lack of customer support. In late January 2018, they abandoned fiat services because of the closure of their bank accounts by several banks. Users should proceed with caution before using this exchange.
BTCxChange works as a traditional exchange where they match buyers with sellers. The platform allows users the possibility of creating limit, market, and stop orders. Until recently, users had the opportunity to make exchanges of fiat to Bitcoin and vice versa. Starting on February 1st, 2018, only Bitcoin withdrawals are possible and any remaining fiat deposits were converted to BTC.
No more fiat accounts, poor customer support, slow transactions