HappyCoins is a Bitcoin trade service that offers transparent rates for European bank account holders who wish to buy or sell Bitcoins against the Euro, Canadian Dollar, or Swiss Francs. They offer several payment options like iDEAL, Sofort, Giropay, or SEPA bank wire. Happycoins gained widespread popularity in 2017. It is registered under the Netherlands Chamber of Commerce, operating legally.
The service is mostly intended for novice users that want to buy or sell Bitcoin quickly and hassle-free, offering the possibility of anonymous orders up to the limit of 100€. The interface is simple and intuitive to use and the fees are transparently shown on the buy page when a user inputs the amount of Bitcoin he would like to purchase.
Crypto Currencies Support
Traditional Currency Support
- Canadian Dollar (CAD)
- Euros (EUR)
- Swiss Franc (CHF)
- European Union
- Web Interface
HappyCoins 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.
The company behind this service is called Digital Currency Services B.V, which is registered in Netherlands. One of the key persons behind this exchange is Roberta Hendriks-Gaddoni. Gaddoni and her partners started the business in 2013 and slowly gained traction attracting users who prefer buying Bitcoin without the hassles and verification requirements of other exchanges.
Users can be sure they will get their Bitcoins with this service. The platform is considered safe and operates legally under Dutch laws, however, the service fees are quite high. The company has a lot of user feedback on TrustPilot and an overall positive rating.
Deposit from bank account, Deposit using 3rd party, Withdrawl funds to bank account, Withdrawal funds to credit card
HappyCoins offers a fee calculator on the Bitcoin buy page where users can see a detailed view of the network fees for the miners and the service fees, which vary from one payment method to another. Also, users can upgrade their account by submitting an ID for account verification and benefit from an increase in daily and monthly sell and buy limits. Also, the service provides business accounts.