A crypto exchange guide must provide reviews of all of the exchanges out there, so that you can find the right one for you. This review of Biteeu consists of four parts: general info, fees, deposit methods and security.
The company running the Biteeu exchange was founded in 2019 in Estonia by people with solid experience in the banking sector and the stock market. It is a fully licensed and compliant crypto exchange in the European Union. The following two licenses are the ones held by Biteeu:
– Providing a virtual currency wallet service (FRK000660), issued by the Police and Border Guard Board in Estonia.
– Providing services of exchanging a virtual currency against a fiat currency (FVR000760), issued by the Police and Border Guard Board in Estonia.
Biteeu’s platform relies on Bittrex technology. In collaboration with Bittrex, the platform uses its “advanced technology to offer our customers safe, reliable and comfortable trading experience”.
Biteeu enhances the safety of your assets and data by collaborating with an open-source blockchain-focused company SpaceChain to back up clientele and operational data on Company’s satellites in space.
As for the support, the platform offers it 24/7. This is of course very helpful to the traders at the platform, seeing as crypto trading is global in its nature and time zones can be a great problem if the support function is not available 24 hours a day. The platform supports many languages, such as English, Russian and Chinese.
US-investors can’t trade here. This is primarily due to regulatory reasons. If you are a US-investor, don’t despair! You can find the best exchange for you by using our Exchange Finder or using the filters in our Exchange List. Check it out.
If you would like to do your trading while on your phone, Biteeu makes this possible. You can download the Biteeu app from both Google Play and App Store. Most people prefer to do their crypto trading on their desktop, but don’t let anyone else tell you what to do.
Biteeu 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 crypto and order history. They normally also have buy and sell-boxes. Before you choose an exchange, try to have a look at the trading view so that you can see that it feels right to you. The below is a picture of the trading view at Biteeu:
Biteeu Trading fees
Always check the trading fees! This exchange is one of the exchanges that don’t charge different fees between takers and makers. Usually, you say that such exchanges’ trading fees are “flat”.
Biteeu offers a flat trading fee of 0.25%, which is in line with industry average.
Biteeu Withdrawal fees
This trading platform charges a withdrawal fee amounting to 0.0015 BTC when withdrawing BTC. 0.0015 BTC is actually a bit above industry average.
The only empirical study over withdrawal fee averages that has been made, that we know of, is the one we have made. That study showed that the global industry average BTC-withdrawal fee for exchanges charging fixed fees was 0.000812 BTC per BTC-withdrawal.
This exchange accepts, or will very soon, accept deposits via wire transfer. The exchange does however not permit credit card deposits yet. But, according to info that we have received from the exchange, credit card deposits will be enabled within the near future. In order to find another exchange that today accepts credit card deposits, just use our Exchange Finder.
We run all the exchange-websites in Mozilla’s Observatory-test (https://observatory.mozilla.org/). The score in such test is one of many indicators of the exchange’s security. Biteeu received a B-score in this test. This score is very impressive and actually better than around 90% of all the exchanges in our Exchange List.
Finally, we hope you have enjoyed reading the above review. We also recommend checking out the following exchanges. They are well established in the industry and have also received excellent ratings from the visitors on our site: