BTC Direct vs Currency.com: Fees, Coins, Safety Comparison
| Feature | BTC Direct | Currency.com |
|---|---|---|
Overall |
3.2 |
4.5 |
1 |
4.6 |
|
3.7 |
4.3 |
|
3.5 |
4.4 |
|
Investment Instruments |
1 |
3.8 |
Platforms and Charting Tools |
3.8 |
4.8 |
Deposit and Withdrawal |
3.9 |
4.9 |
Research |
4.1 |
4.4 |
Education |
3.5 |
4.7 |
Support |
3.9 |
4.6 |
Bonuses |
3.3 |
4.6 |
BTC Direct vs Currency.com: Pros and Cons
The BTC Direct (pronounced “Bitcoin Direct”) platform is a cryptocurrency exchange and trading service. It presents the following cryptocurrencies on the platform: Ethereum, Litecoin, Bitcoin Cash, and Ripple. All assets are euro-pegged except those that are US dollar-pegged. It is the same at most crypto exchanges. The company is based in the Netherlands, and the service is fully localized in six European languages. The site offers its users a separate cryptocurrency wallet for each currency. Also, several models of the latest generation hardware wallets can be purchased from BTC Direct. There is a standard affiliate program and the possibility of investing fiat funds in cryptocurrency. Investors have access to exclusive market analysis and a personal consultant.
Currency.com is a unique crypto platform for Bitcoin, Litecoin, Ethereum, and other assets trading. Traders have a lot of cryptocurrencies and tokens at their disposal, which can be freely transferred and converted, as well as exchanged for fiat funds. The exchange complies with International AML and KYC standards, offers narrow spreads and competitive commissions. There are affiliate and referral programs, as well as the possibility of investment in the company’s tokens and tokenized government bonds. There is mobile trading in addition to web applications. The platform is characterized by powerful analytical tools.
| BTC Direct | Currency.com | |
|---|---|---|
| Overall Pros | simple and convenient trading terminal interface; | ability to trade tokenized shares, indices, commodities and currencies |
| Cryptocurrencies are sold and purchased in three clicks; | several dozen technical indicators for charts | |
| the minimum deposit is 30 euros; | protection from negative balance | |
| major cryptocurrencies are traded on the exchange and are euro-pegged; | high transaction speed | |
| low commissions and discounts for big trades; | fully functional demo account | |
| comprehensive knowledge base and guides on cryptocurrencies; | ||
| regular masterclasses (including upon request); | ||
| the ability to exchange cryptocurrencies for fiat funds. | ||
| Overall Cons | Only 31 supported coins | |
| all materials and technical support are in six European languages only; | not the best trading fees | |
| the website doesn’t plan to introduce additional cryptocurrencies; |
BTC Direct vs Currency.com: Safety and Regulation
| Regulated By: | BTC Direct | Currency.com |
|---|---|---|
SEC |
No |
No |
FINRA |
No |
No |
SIPC Protection |
No |
No |
Other Regulators |
No |
Hi-Tech Park (“HTP”) of Belarus, also it has registered legal entities in the US, Gibraltar and Saint Vincent and the Grenadines |
BTC Direct vs Currency.com: Trading Conditions
| Trading Conditions | BTC Direct | Currency.com |
|---|---|---|
Minimum Deposit |
30 |
0,001 BTC , 0,03 ETH , 0.05 BCH or 0.1 LTC |
Trading Platforms |
BTC Direct |
Currency.com |
Max Leverage (Futures) |
44562 |
1-500 (just for international entity) |
Number of Markets |
9+ |
150 |
Trading Accounts |
1 |
2 |
Base Account Currencies |
Cryptocurrencies |
USD, EUR, RUB, BYN + crypto |
BTC Direct vs Currency.com: Fees
Trading Fees
| Fee | BTC Direct | Currency.com |
|---|---|---|
Max Maker |
0.01 |
Crypto/Crypto - 0.2%, Crypto/ Tokenised currencies - 2% Tokenised assets (Shares, ETFs, Indices, Commodities): 0.05% Tokenised bonds: 0.03% Tokenised currencies: 0%** Companies tokens: 0% (buy), 1.5% (sell) |
Max Taker |
0.02 |
Crypto/Crypto - 0.2%, Crypto/ Tokenised currencies - 2% Tokenised assets (Shares, ETFs, Indices, Commodities): 0.05% Tokenised bonds: 0.03% Tokenised currencies: 0%** Companies tokens: 0% (buy), 1.5% (sell) |
Min Maker |
0.01 |
Crypto/Crypto - 0.2%, Crypto/ Tokenised currencies - 2% Tokenised assets (Shares, ETFs, Indices, Commodities): 0.05% Tokenised bonds: 0.03% Tokenised currencies: 0%** Companies tokens: 0% (buy), 1.5% (sell) |
Min Taker |
0.02 |
Crypto/Crypto - 0.2%, Crypto/ Tokenised currencies - 2% Tokenised assets (Shares, ETFs, Indices, Commodities): 0.05% Tokenised bonds: 0.03% Tokenised currencies: 0%** Companies tokens: 0% (buy), 1.5% (sell) |
Debit/Credit Card Purchase Fee |
0 |
Not supported |
Futures Trading fees
| Fee | BTC Direct | Currency.com |
|---|---|---|
Max Maker |
Not supported |
0.075% |
Max Taker |
Not supported |
0.075% |
Min Maker |
Not supported |
0.06% |
Min Taker |
Not supported |
0.06% |
Non-Trading Fees
| Fee | BTC Direct | Currency.com |
|---|---|---|
Account Fee |
No |
No |
Deposit Fee |
No |
3.5% - debit card deposit, others - free |
Bank Transfer Withdrawal Fee |
Not supported |
0.15% ( min 20 USD; max 200 USD; ) |
Debit/Credit Card Withdrawal Fee |
Not supported |
3% + 3 USD |
BTC Withdrawal Fee |
0.0005 BTC |
No |
Inactivity Fee |
No |
No |
BTC Direct vs Currency.com: Trading Assets
| Asset Name | BTC Direct | Currency.com |
|---|---|---|
Overall |
9+ |
150+ tokenised assets |
Bitcoin (BTC) |
Yes |
Yes |
Litecoin (LTC) |
Yes |
Yes |
Dogecoin (DOGE) |
No |
Yes |
Binance Coin (BNB) |
No |
Yes |
Uniswap (UNI) |
No |
Yes |
Ripple (XRP) |
Yes |
Yes |
Polkadot (DOT) |
No |
Yes |
Cardano (ADA) |
No |
Yes |
Stellar (XLM) |
No |
Yes |
IOTA (MIOTA) |
No |
Yes |
Tron (TRX) |
No |
Yes |
Derivatives (Futures) |
No |
Yes |
NFT |
No |
Yes |
Crypto ETF |
No |
Yes |
BTC Direct or Currency.com: Investment Programs
| Asset Name | BTC Direct | Currency.com |
|---|---|---|
Staking |
No |
No |
Mining pool |
No |
No |
Managed Accounts |
No |
No |
MAM/PAMM |
No |
No |
Other |
No |
individually customized investment portfolios |
Trading Platforms: Currency.com or BTC Direct
| BTC Direct | Currency.com | |
|---|---|---|
Web |
Yes |
Yes |
Desktop |
No |
No |
Mobile (Android, iOS) |
Yes |
Yes |
Trading Platforms Features: Currency.com or BTC Direct
| BTC Direct | Currency.com | |
|---|---|---|
SMS Based 2 FA |
No |
Yes |
App Based 2 FA |
Yes |
Yes |
Voice Call 2 FA |
No |
no |
Search Bar |
Yes |
Yes |
Filters |
Yes |
Yes |
Technical Analysis: Currency.com or BTC Direct
| BTC Direct | Currency.com | |
|---|---|---|
Indicators |
No |
Yes |
Drawing tools |
No |
Yes |
Historical Trades |
Yes |
Yes |
Live 2 Quotes |
Yes |
Yes |
Mobile trading: Currency.com or BTC Direct
| BTC Direct | Currency.com | |
|---|---|---|
iOS Version |
Yes |
Yes |
Android Version |
Yes |
Yes |
Apple Watch App |
No |
No |
Touch ID |
No |
No |
Face ID |
No |
No |
Types of orders: Currency.com or BTC Direct
| BTC Direct | Currency.com | |
|---|---|---|
Market |
No |
Yes |
Limit |
Yes |
Yes |
Stop Loss |
No |
Yes |
Stop Limit |
No |
Yes |
Trailing Stop |
No |
Yes |
BTC Direct vs Currency.com: Deposit and Withdrawal Methods
| Deposit and Withdrawal Method | BTC Direct | Currency.com |
|---|---|---|
Bank Transfer |
Yes (Only Deposit) |
Yes |
Credit/Debit Card |
Yes (Only deposit) |
Yes |
Electronic Wallets |
No |
No |
Crypto |
Yes |
Yes |
BTC Direct vs Currency.com: Research
| Research Type | BTC Direct | Currency.com |
|---|---|---|
News Feed |
No |
Yes |
Fundamental Data |
No |
Yes |
Chart Analysis |
No |
Yes |
Trading Ideas |
No |
Yes |
E-Mail Reports |
No |
Yes |
BTC Direct vs Currency.com: Education
| Education Type | BTC Direct | Currency.com |
|---|---|---|
Demo-account/Paper Trading |
No |
Yes |
Courses |
No |
Yes |
Articles |
Yes |
Yes |
Videos |
No |
Yes |
Webinars |
No |
Yes |
Currency.com vs BTC Direct: Support
| Support Features | BTC Direct | Currency.com |
|---|---|---|
Working Days |
24/7 |
24/7 |
No |
Yes |
|
Phone |
No |
Yes |
Online chat |
No |
Yes |
Other |
Ticket |
No |
BTC Direct vs Currency.com: Crypto Bonuses and Promo
| Promo | BTC Direct | Currency.com |
|---|---|---|
Crypto Bonus |
No |
Refferal bonus |
Affiliate Program |
You will get 0.5% of the trade amount from all trades of your referrals. The referral status is unlimited. |
Currency.com offers two affiliate programs, a referral program for private traders and an affiliate program for businesses. The program for business involves the transfer of 40% of all commissions paid by your clients within 24 months. At the same time, customers of the business partner get a 12% discount on trading commissions. The referral program for private traders is as follows: Each user registered on the platform can get a personal referral link. The referral link is generated individually, so you can find it in your personal account, in the Referrals section. Each user who follows your link will generate an income of 50% of the service's trading commissions. Unlike most other cryptocurrency exchanges, Currency.com proficiently motivates referrals. Each user following the invitation (referral) link gets a 10% discount on all trading commissions. Discounts shall be applied permanently.v |
Top 5 Reviews on Currency.com
-
Comment
I earned in a month, withdrew and even managed to spend 3000 bucks with Currency.com. A real exchange that honestly withdraws money! I advise!
-
Comment
Today, Currency.com occupies high positions in the ratings and this is no coincidence. This company was able to prove that it provides favorable and unique conditions for cryptocurrency trading. I chose her, and for six months I have never regretted my choice.
-
Comment
When I wanted to get into cryptocurrency trading, most of the portals and acquaintances unanimously advised Currency.com. And after a while I can say that the broker is really thoughtful: you can first study the materials on trading, then try it on a demo, and then switch to a real account. Fortunately, verification does not take much time, and the deposit here is quite affordable. For starters, ok, although when the withdrawal was delayed, I was worried. It turned out that this is always the case with the conclusion. But there is a commission in Currency.com for both withdrawal and replenishment. This unpleasantly surprised me, but at the same time, I'm already used to Currency.com, the broker is personally verified by me, so I don't plan to work with other brokers for now.
-
Comment
Currency.com seems to have a good reputation. Reviews about Currency.com can be found everywhere. Basically, focusing on the reviews, I came to this company. Not perfect, but expectations and reality match here. I am not disappointed in the least.
-
Comment
I really like the fact that the minimum depot at Currency.com is small, everyone can afford to trade here. You can start with a small deposit and learn a little like that, and then you can increase the rates. The broker has not been verified by me yet, but I hope that everything will be ok)
Top 5 Reviews on BTC Direct
-
Comment
BTC Direct trading is turned into hell. They are in complete control of this process. You want to close a deal, and you can't do it for 3 minutes. Of course, this all has consequences in the form of financial losses. This is how this company works.
-
Comment
BTC Direct may have been normal in the past, but now no one can say anything good about them, since they have already shown their real face quite well. I know firsthand what trading in BTC Direct is.
-
Comment
Newcomers to BTC Direct should definitely not meddle. Not the conditions to try and learn. The conditions are designed for crypto traders who trade in large volumes. I myself did not go to BTC Direct for a long time, because it was simply unprofitable. Now I see more advantages for myself here. I don’t complain about the commission, I receive discounts from time to time, the platform draws my volumes with a bang. Some are afraid that BTC Direct has a limited number of assets, but this exchange is not for those who are looking for something new and in general in search. Those who have a strategy trade here. Webinars, respectively, for advanced traders. I would advise you to soberly assess what you want from the exchange and whether BTC Direct has it.
-
Comment
The BTCDirect crypto exchange is a reliable company that offers not only favorable conditions but also an easy-to-use web-based trading platform. But it will not suit those who are used to changing instruments every day because there are not many instruments here, so you will not overclock too much. My strategy is tailored for Bitcoin, but to some extent, it is also suitable for ETH (Ξ), so BTCDirect conditions suit me fine. It is also convenient that each of the currencies can be traded from different wallets. Another plus of this exchange is the free withdrawal of funds. I don't find any particular flaws in BTCDirect, so I recommend it for trading.
-
Comment
Before I started trading, I encountered difficulties while installing a wallet on my computer. BTCDirect does not offer hot storage, and I did not find instructions on how to download and install the program on the website. I figured it out only with the help of technical support. Although I am reassured by the fact that now my money is in a secure vault, to which only I have access. I am going to work only with Bitcoins, as it is the most liquid instrument, besides, on the BTCDirect exchange, the commission for trading BTC is lower than for other altcoins.
FAQs
What should I start Crypto trading with?
For starters, you need to learn what crypto trading is, understand what cryptocurrency is and the risks and opportunities cryptocurrency trading has. It is also important to learn the existing strategies. The second step is to choose the best crypto exchange with good trading conditions. A demo account that you can use to gain valuable experience risk free is an important advantage of an exchange.
What amount should I start trading with?
It is recommended to start trading cryptocurrencies with a small amount. That way, if you partially lose it, it won’t pose a serious financial problem for you. This is because cryptocurrencies are highly volatile, which carries certain risks for novice traders. The majority of cryptocurrency exchanges allow traders to start from a small amount – from $1 to $50 or its cryptocurrency equivalent.
What should I take into consideration when choosing a crypto exchange?
The first thing experts recommend looking at when considering crypto exchanges is their reliability. Other important features include basic trading conditions, commissions and fees, customer reviews. If crypto exchanges are approximately the same in terms of basic criteria, you need to choose based on your experience and tasks. One crypto exchange may be good for professionals and another – for novice traders.
Can a cryptocurrency exchange turn out to be a scam?
Unfortunately, this does happen. Therefore, it is better to choose cryptocurrency exchanges that have been operating in the market for at least several years and have a stable reputation. Regulation of an exchange in one of the countries with high legal culture is also an advantage.
Team that worked on the article
Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.
Olga Shendetskaya has been a part of the Traders Union team as an author, editor and proofreader since 2017. Since 2020, Shendetskaya has been the assistant chief editor of the website of Traders Union, an international association of traders. She has over 10 years of experience of working with economic and financial texts. In the period of 2017-2020, Olga has worked as a journalist and editor of laftNews news agency, economic and financial news sections. At the moment, Olga is a part of the team of top industry experts involved in creation of educational articles in finance and investment, overseeing their writing and publication on the Traders Union website.