A trading cryptocurrency guide must provide reviews of all of the top crypto exchanges out there, so that you can find the best cryptocurrency exchange site for you. This review of Bitcoin.de consists of four parts: general information, fees, deposit methods and security.
Bitcoin.de is an exchange based in Germany.
Unfortunately for US-investors, this exchange prohibits US-investors from trading on its exchange. Interested US-investors must therefore refer to any of the other top crypto exchanges. But hey, if you’re a US-investor, why don’t you just use our Exchange Finder to find out which alternatives you have?
Bitcoin.de Trading View
Different exchanges have different trading views. And there is no “this overview is the best”-view. You should yourself determine which trading view that suits you the best. What the views normally have in common is that they all show the order book or at least part of the order book, a price chart of the chosen cryptocurrency and order history. At this exchange, there is only two order box and an order book at the trading section of the site. This makes it easily understandable for new crypto investors, while it might lack some features that more experienced traders look for. The below is a picture of the trading view at Bitcoin.de:
Bitcoin.de Trading fees
This exchange is different from most top crypto exchanges in the way that it does not offer trading between cryptocurrencies. The only trading pairs that are available are BTC, BCH, ETH and BTG against the EUR/USD. The “normal trading fees” are consequently nowhere to be found, but consists of mark-ups in the purchase price and sales price. This is potentially a risk for you as an investor. Accordingly, we strongly urge you to make you own analysis of the fees at this exchange before depositing any funds at the exchange and before concluding that it is the best cryptocurrency exchange site for you.
The exchange does however claim that they charge 0.80% as trading fees. This is above average in the industry. One should consider whether Bitcoin.de has a strong offering to investors in other respects that outweighs the disadvantage of these higher trading fees.
Bitcoin.de Withdrawal fees
This exchange charges a withdrawal fee only amounting to the networking fees when you withdraw BTC. This fee is below the industry average and thus constitutes a competitive advantage against the majority of other top crypto exchanges in the market.
The exchange offers wire transfer as a deposit method, but credit cards are not a permitted deposit method. This might of course be disadvantageous if you would prefer to use your credit card for any reason.
Bitcoin.de has a security score of B, when performing the test at Observatory by Mozilla (https://observatory.mozilla.org/). This is far above average when it comes to top crypto exchanges.
There are only a few exchanges that – like the above exchange – receive Mozilla Observatory-scores of B or higher. The following list includes 10 such exchanges with very impressive security scores: