MrCoin

MrCoin

  • United Kingdom of Great Britain and Northern Ireland

  • Buy/Sell from the platform

  • Mrcoin.eu

  • Since 2018

MrCoin
In Social Media:
Developed Ease of use,  Enough secure,  Anonymously trading

MrCoin is Hungary's first Bitcoin exchange operator which allows users to buy and sell Bitcoins with ease. Users can trade without the need of creating an account and the platform accepts customers from most of the countries that support sending bank wire transfers. MrCoin launched the first Bitcoin ATM in Hungary and they also run the Bitcoin Budapest Meetup group with 1200+ members.

Using the MrCoin is very easy and user-friendly. The company claims to have great relationships with EU banks in order to offer a secure and trouble-free experience to all their users. MrCoin is designed for beginner users who don't want to go through the hassle of learning a more complex exchange and all the trading lingo that goes with it.

Crypto Currencies Support

Traditional Currency Support

  • Euros (EUR)

Language Support

  • English
  • Hungarian

Country Support

  • Australia
  • Canada
  • China
  • European Union
  • Hong Kong
  • Japan
  • Most Africa
  • Most of Asia
  • Most of Eastern European Union
  • Most of Latin America
  • Most of the Middle East
  • New Zealand
  • Norway
  • Russian Federation
  • Singapore
  • Switzerland
  • Turkey
  • United Kingdom of Great Britain and Northern Ireland
  • United States of America

Platforms Systems

  • Web Interface

MrCoin 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

MrCoin claims to be based in the United Kingdom and to have signed an Agreement with Shinrai Kft., (a Hungarian limited liability company), in order to operate their customer support and other services out of Hungary. The CEO of Shinrai is Barnabas Debreczeni, an inventor and entrepreneur.

Summary:

Overall, the platform is best-suited to users who don't want to go through too much hassle in order to buy Bitcoin or Ethereum. The platform was created in 2017. Because of this, we recommend users pay close attention when making transactions. The process is very simple but the fees are high and cash deposits can't be refunded.

Ease of use
Developed
Transaction Fees
0.8% +
Deposit/Withdrawal Fee
N/A
Deposit/Withdrawal Fee c For Bank Transfer
5EUR/Deposit + Mining Fees
Deposit/Withdrawal Fee For Credit Card
N/A
Deposit/Withdrawal Fee Charged For 3rd party Payments
N/A
Anonymous Trading
Yes

Deposit/Withdrawal Options:

Deposit from bank account, Deposit using an ATM (Special BTC ATM), Withdrawl funds to bank account, Withdrawal from ATM (Special BTC ATM)

Functionality:

The platform uses different features like RSI alerts, Ichimoku cloud, Macd signal alert, volume change alerts, and moving average condition. MrCoin allows users to automatically set buy prices and offers users in Hungary the option of using one of the two Bitcoin ATMs located in Budapest. They reserve the right to carry out additional checks for any particular transaction.

Most common
customer complaint:

Blocked funds, sometimes they have slow customer service