BTC Direct Review 2024
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- 30 €
- Proprietary platform
- A serious verification system and trading with a personal manager is available
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- 30 €
- Proprietary platform
- A serious verification system and trading with a personal manager is available
Our Evaluation of BTC Direct
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
BTC Direct is a cryptocurrency exchange with higher-than-average risk and the TU Overall Score of 3.61 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by BTC Direct clients on our website, Traders Union expert Anton Kharitonov recommends users to consider a more reliable broker with better conditions, as, according to reviews, many clients of this broker are not satisfied with the company’s work.
BTC Direct is a modern cryptocurrency exchange with comfortable technical tools and favorable trading terms. The service’s proprietary trading terminal comes in two versions – web and mobile. A hardware wallet can be purchased for trading convenience and reliability. All cryptocurrencies traded on the exchange are freely exchangeable for euros and US dollars.
Brief Look at BTC Direct
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.
- major cryptocurrencies are traded on the exchange and are euro-pegged;
- simple and convenient trading terminal interface;
- Cryptocurrencies are sold and purchased in three clicks;
- the minimum deposit is 30 euros;
- low commissions and discounts for big trades;
- comprehensive knowledge base and guides on cryptocurrencies;
- regular masterclasses (including upon request);
- the ability to exchange cryptocurrencies for fiat funds.
- all materials and technical support are in six European languages only;
- the website doesn’t plan to introduce additional cryptocurrencies;
- advanced AML verification (no basic verification).
TU Expert Advice
Financial expert and analyst at Traders Union
BTC Direct is among the few cryptocurrency exchanges focusing on the European rather than the global market. Experts noted the high activity of traders from different countries, but the service is localized only into several European languages. The Euro-pledging is also a distinctive feature of the exchange, although US dollar exchanges and conversions are available from fiat funds.
Investment programs, which differ from similar programs on other exchanges, are an important feature of BTC Direct. The difference is that there is a minimum investment threshold of 50,000 euros. This is a pretty high bar, but the service provides maximum opportunities for a convenient investment. There is a personal manager, individual analytics, and news feeds. Investors’ fees are fixed.
There is a standard affiliate program via referral links. The knowledge center is comprehensive, but it is made on the principle of a library, not training courses. Registration is detailed but can be completed in a few steps. On the one hand, this increases the time threshold for entry, on the other hand, it provides a high-security level and immediately weeds out frivolous partners. BTC Direct cryptocurrency exchange is recommended by experts for cooperation.
- You seek regulation, as the exchange is registered with the Dutch Central Bank (DNB), providing some level of regulatory oversight, which can offer users a sense of security and trust in the platform's operations.
- You are looking for ease of use. With a user-friendly website and mobile app, this exchange simplifies the process of buying and selling Bitcoin, making it accessible to users of all experience levels.
- You dislike Geographic restrictions, as services are primarily available in European countries, limiting access for users outside of this region.
- You don’t prefer a mixed regulatory environment. While the exchange is registered with the Dutch Central Bank, the regulatory landscape around this exchange for cryptocurrencies is still evolving, and compliance requirements can vary across regions, potentially leading to uncertainty for users.
BTC Direct Summary
| 💻 Trading platform: | Proprietary platform |
|---|---|
| 📊 Accounts: | Standard |
| 💰 Account currency: | Individual wallet for each currency |
| 💵 Replenishment / Withdrawal: | Bank cards, bank transfers, iDEAL, and Giropay payment systems |
| 🚀 Minimum deposit: | Euro 30 |
| ⚖️ Leverage: | 1:1 |
| 💼 PAMM-accounts: | No |
| 📈️ Min Order: | From 0 |
| 💱 Commission: | Market |
| 🔧 Instruments: | Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Ripple, EUR, USD |
| 💹 Margin Call / Stop Out: | No |
| 🏛 Liquidity provider: | No |
| 📱 Mobile trading: | Yes |
| ➕ Affiliate program: | Yes |
| 📋 Orders execution: | n/a |
| ⭐ Trading features: | A serious verification system and trading with a personal manager is available |
| 🎁 Contests and bonuses: | n/a |
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.
Share your experience
- Best
- Last
- Oldest
Commissions & Fees
| Account type | Commission (minimum value) | Withdrawal commission |
|---|---|---|
| Standard | From 1% per market order | No |
BTC Direct's commissions are not the lowest but below the market average. To make sure of this, the Traders Union experts have prepared a summary table showing the commissions of BTC Direct's closest competitors:
| Broker | Average commission | Level |
|---|---|---|
|
$1 | |
|
$20 | |
|
$0.1 |
Investment Programs, Available Markets, and Products of the Crypto Exchange
The BTC Direct investment program is managed by a private trading service. Essentially, the service offers to invest at least 50,000 euros, transfer them into Bitcoins and then manage the funds with the help of a personal manager. That is, this is not so much a full-fledged investment program but an asset-managed program for large volumes of crypto coins.
Connection to the investment program is carried out on individual terms. After depositing the required amount to the account, contact the office directly to get a personal manager and open access to exclusive analytics. Also, investors have an advantage in commissions regardless of the currency and transaction direction. The commission for all transactions is 1%.
If you are a large investor and plan on investments over $10,000, contact us at vip-invest@tradersunion.com or by the feedback form on our website. Our professional team will take you through all the intricacies of the deal and all the steps from signing up to withdrawal of profits.
BTC Direct’s affiliate program
The BTC Direct affiliate (referral) program is technically no different from similar programs in most other cryptocurrency exchanges. To get passive income from referrals:
Register on the website and go through verification. After that, a personal referral link will be available in the personal account.
You can send the link to other people in person or publish it on blogs and public websites.
Each user who registers on the exchange using your link becomes your referral.
You will get 0.5% of the trade amount from all trades of your referrals. The referral status is unlimited.
You can find all information on referral payments in the corresponding section of the personal account. Payments are made once a quarter. The minimum payout amount is 100 euros. The funds shall be transferred to the next quarter and accumulated if a sufficient amount hasn’t been accumulated in a quarter.
User Satisfaction