US investors permitted
HappyCoins Exchange Review
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 HappyCoins Exchange consists of four parts: general information, fees, deposit methods and security.
HappyCoins Account holders can according to the exchange “almost instantly buy bitcoins using the applicable online instant payment method” (iDeal, Bancontact Mister Cash, GiroPay, MyBank, Sofort and Interac). Within a few minutes, the exchange states that you will automatically receive the Bitcoins you ordered in your private Bitcoin wallet. If you want to trade any other less known coins however (Zephyr Coin, Zennies Coin, ZCCoin, Zatgo Token, Ybcoin, or any coin with a similar market capitalization to those), you’ll have to look elsewhere.
The exchange does not list US-investors as prohibited from trading, but US-investors should do their own independent assessment of any problems arising from their residency or citizenship.
HappyCoins Exchange Fees
HappyCoins Exchange Trading fees
This place is different from most top crypto exchanges in the way that it does not offer trading between cryptocurrencies. The only service offered is buying and selling BTC. When buying BTC, the purchase price offered by the exchange is usually somewhat higher than the market price. Conversely, when selling BTC, the purchase price offered is usually somewhat lower than the market price. The mark-up or mark-down is not specified anywhere. This is potentially a risk for you as an investor. Accordingly, we strongly urge you to make you own analysis of the fees and price differences at HappyCoins Exchange before executing any transactions there and before concluding that it is the best cryptocurrency exchange site for you.
HappyCoins Exchange Withdrawal fees
Considering how this exchange operates, withdrawal fees are irrelevant.
HappyCoins Exchange offers wire transfer as a deposit method, but you can’t deposit via credit card.
HappyCoins Exchange’s security score is F, when performing the test at Observatory by Mozilla (https://observatory.mozilla.org/). This is below industry average when it comes to top crypto exchanges.
If you have concluded that this is the exchange for you, congratulations! Go for it. But if not, please use our Exchange Finder here to find out which exchange has the best cryptocurrency exchange site for you.