Bitcoin Store Review
What is Bitcoin Store?
Bitcoin Store is a crypto platform registered in Croatia that has been operational since 2018. This platform's offering is easy to describe: you can buy, sell and store 150+ cryptocurrencies in a fast and simple manner.
Bitcoin Store Locations
This platform is a pioneer in the concept of physical walk-in cryptocurrency exchange stores. This means exactly what it sounds like; you can walk in to a physical store, with physical cash in hand, and walk out as a cryptocurrency holder. This of course requires physical stores. Three such stores are currently available, all of which are in Croatia: Zagreb, Rijeka and Split.
Most crypto traders feel that desktop give the best conditions for their trading. The computer has a bigger screen, and on bigger screens, more of the crucial information that most traders base their trading decisions on can be viewed at the same time. The trading chart will also be easier to display. However, not all crypto investors require desktops for their trading. Some prefer to do their crypto trading via their mobile phone. If you are one of those traders, you’ll be happy to learn that Bitcoin Store is also available as an app for iPhones and Androids.
Bitcoin Store Affiliate Program
Bitcoin Store also has a referral program. For each users that you refer, you will receive 20% of what the platform makes on his/her trades, for 24 months from the time of such person's registration at the platform. This could be an attractive way for anyone to make passive income.
Bitcoin Store Fees
Bitcoin Store Trading fees
This particular platform is more a cryptocurrency store than a cryptocurrency exchange. Or rather, they are a window into another exchange named Kraken. So when you place an order to purchase BTC here, the platform obtains the relevant amount of BTC from another party, and then provides it to you. All in order for you to have a seamless purchasing experience. The seamlessness, however, comes at a price. This exchange charges 1.70% per trade.
It is difficult to compare the fees charged by Bitcoin Store with the industry average trading fee at a regular centralized exchange (0.213% for takers and 0.16% for makers), seeing as they offer another type of service than most centralized exchanges do. But to conclude on the trading fees, there are definitely cheaper ways to obtain crypto than through using the Bitcoin Store platform. Bitcoin Store's advantages are speed and convenience, rather than price.
Bitcoin Store Withdrawal fees
Bitcoin Store doesn’t charge any additional fees to withdraw coins. However, there are always network fees involved with transferring crypto, which is why we have listed the network fees under the withdrawal fee section of this exchange.
Deposit Methods and US-investors
Bitcoin Store does not allow US-investors on its exchange. So if you’re from the US and would like to engage in crypto trading, you will have to look elsewhere. Luckily for you, if you go to the Exchange List and use our exchange filters, you can sort the exchanges based on whether or not they accept US-investors.
At Bitcoin Store, you can purchase crypto through wire transfer, debit card - even paper cash! The latter is very unusual. Bitcoin Store is truly an entry-level platform where new cryptocurrency investors can take their first steps into the thrilling cryptocurrency world.