Bitcoin.com charges an exchange fee of up to 4% depending on the asset traded, in addition to a $3.99 or 8% Moonpay and ecosystem commission.
The company, offering a utility token called [VERSE], provides a self-custodial wallet for holding assets by the traders.
Bitcoin.com Information + Regulation
Bitcoin.com was founded in 2015 in Saint Kitts and Nevis by Roger Ver, a well-known figure in the cryptocurrency space.
The company's legal name is Saint Bitts LLC, and it's currently led by CEO Corbin Fraser. Other Key Members:
- COO: Jason Sheman
- CTO: Andrei Terentiev
- CLO (Chief Legal Officer): Joseph Collement
As it is with almost all other crypto exchanges in the industry, the discussed company is not regulated by any financial authorities.
Bitcoin.com Exchange Summary of Key Features
The company's platform operates based on a set of features and parameters, like other cryptocurrency exchanges. Here is a summary of these specifics:
Exchange | Bitcoin.com |
Launch Date | 2015 |
Levels | N/A |
Trading Fees | Exchange Fee Up to 4%, Network Fee Based on the Blockchain and Its Workload, Moonpay and Ecosystem Fees |
Restricted Countries | Afghanistan, Belarus, China, Cuba, Iraq, Iran, Myanmar, Mali, Sudan, Syria, Yemen, Louisiana (US), New York (US) |
Supported Coins | N/A |
Futures Trading | None |
Minimum Deposit | Varies |
Deposit Methods | Crypto, Moonpay |
Withdrawal Methods | Crypto, Moonpay |
Maximum Leverage | 1x |
Minimum Trade Amount | About $3 |
Security Factors | 2FA |
Services | Self-Custodial Wallet |
Customer Support Ways | Email, Ticket, Live Chat |
Customer Support Hours | 24/7 |
Fiat Deposit | No |
Affiliate Program | Yes |
Orders Execution | N/A |
Native Token | VERSE |
User Level Structure and Tier System
Based on the investigations made by our team, the exchange does not work based on any user leveling systems.
Therefore, there is only 1 verified level available for any services and features on the platform.
Commissions and Costs in Bitcoin.com Operations
Based on investigations done by our team, the company does not provide any information regarding fees on its website.
However, we contacted the support team and received this information:
- A $3.99 or 8% cost as Moonpay and Ecosystem fee
- Network fee depending on the blockchain and its load
- Exchange rate up to 4%, depending on the asset
How Many Coins/Tokens Are Tradable?
Bitcoin.com provides a list of several digital assets available to buy. However, there is no approximate number of these coins/tokens available. We asked the support team and even they had no clue about it.
Futures Trading and Margin Options in Bitcoin.com
The mentioned platform is mostly focused on providing digital wallet services and does not provide access to any futures contracts. If you are serious about margin trading, we suggest you consider other options.
Registration And Verification Tutorial
The registration and verification process on Bitcoin.com is designed to be simple while adhering to necessary security and regulatory requirements. Here's a step-by-step guide:
- Visit the website at [bitcoin.com];
- Provide your email address in the related field and click on the "Sign Up" button;
- Check your inbox for the verification;
- Click on the link sent to your email address.
You have finished creating your account on this exchange. You will be required to provide personal details and go through the KYC process upon buying/selling cryptocurrencies.
Can I Trust Bitcoin.com With Its Security?
Security is a paramount concern in the cryptocurrency world, and Bitcoin.com exchange claims to provide a safe environment to its users.
However, it does not provide any specific detail regarding the measurements done for this matter; the only thing clear is that a 2-factor authentication option is available.
Funding Methods and Withdrawal Options
Bitcoin.com provides 2 main methods for depositing and withdrawing funds on the platform:
- Moonpay: Buying or selling crypto with fiat currencies
- Cryptocurrencies: Digital transactions on blockchain
The exchange does not support any methods for direct fiat deposits.
Trust Evaluations and Scores
Trustpilot and ScamAdviser are two reliable sources that will be considered for scores in this section. Bitcoin.com has garnered respectable trust ratings:
- Trustpilot: 4.0 out of 5 stars, based on over 3,900 reviews
- ScamAdviser: 100/100 Trustscore, 3.8/5 user rating with 4,300+ reviews
Does Bitcoin.com Offer Any Copy Trading and Other Investment Programs?
The company does not offer copy trading or any specific passive income options directly on its platform. The focus remains primarily on OTC trading of cryptocurrencies.
Writer's Opinion And Conclusion
Bitcoin.com enables crypto buying/selling with fiat currencies through the Moonpay platform. However, it does not support fiat deposits.
This company has received a 4/5 trust score on "Trustpilot", with more than 3,900 user reviews. Also, 4,300+ users on ScamAdviser has given an average of 3.8/5 to the exchange.
