Bittylicious Exchange Review: Bittylicious Is Legit & Secure Exchange

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Bittylicious Exchange Review: Bittylicious Is Legit & Secure Exchange

About Bittylicious Exchange

Bittylicious’ domicile country is the United Kingdom. It has been active since 2013. The primary goal of this exchange is to be a simple and speedy way of buying or selling cryptocurrency. Users will basically get their Bitcoins or relevant altcoin within approx. 10 minutes of starting their bank transfer. This is naturally much faster than the regular fiat-to-crypto process at a regular centralized exchange.

How To Sign Up & Start Trading

ExchangeDetails
Exchange NameBittylicious Exchange
Exchange TypeCryptocurrency
Withdraw Fee
Support24/7
LangugaeEnglish
Taker Fee6.55%
Maker Fee 6.55%
WebsiteHomepage

How To Sign Up & Start Trading

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You Sign Up For A User Account By Providing Basic Information.

On Every Exchange You Will Get Option For Sign Up Or Create Account . Just Fill Some Basic Details Like Name , Email , Password , Security Question Etc For Registration . It Is First Step To Start Trading On Any Exchange

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You Then Receive An E-mail In Your Mailbox To Activate Your Account.

Before You Can Login, You Must Active Your Account With The Code Sent To Your Email Address.Then You Will See A Message That Your Financial Account Is Activated And Ready To Go. This Means That You Can Log In And Start Trading In Cryptocurrency.

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Identity Verification

For Successful Verification You Will Need Identity Documents. For Example, You Can Use A Driver’s License Or Passport, Where The Name Is Duplicated In Latin Letters.Confirmation Of Identity On Exchange Is An Optional Step. The Procedure Must Be Completed Only If You Want To Remove The Restrictions Of Btc On Deposit Or Withdrawal Of Funds Per Day.

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Bittylicious Trading fees

Now this exchange 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 Bitcoins and a number of altcoins. When buying a coin from an exchange such as this one, the price offered by the exchange is usually somewhat higher than the real market price. Conversely, when selling a coin from an exchange such as this one, the price offered by the exchange is usually somewhat lower than the real market price.

On the date of last updating this review (28 May 2020), the mark-up/mark-down charged by Bittylicious was 6.55%. This is very high.

Bittylicious Withdrawal fees

In light of how this exchange conducts its business, withdrawal fees are irrelevant.

Deposit Methods

At this exchange, you can purchase coins through both wire transfer and credit cards. This can be particularly helpful for newer crypto investors and also makes this exchange an “entry-level exchange”. Bittylicious actually also accepts cryptocurrency purchases through American Express. To our knowledge, they are quite unique in this among cryptocurrency exchanges.

Bittylicious Exchange Features

User-Friendly Platform

Bittylicious is a straightforward and user-friendly platform for buying and trading bitcoins. Even for novice users, the platform is designed to be user-friendly.

Multiple Cryptocurrencies

Bitcoin, Ethereum, Litecoin, Bitcoin Cash, and a number of other cryptocurrencies are supported by Bittylicious.

Low Fees

For purchasing and selling cryptocurrency, Bittylicious has reasonable fees. Before a transaction is made, the fees are openly disclosed and transparent.

High Limits

Bittylicious provides consumers with high transaction limits when buying and selling bitcoins. For customers who wish to buy or sell a lot of cryptocurrency, this makes it a suitable alternative.

Fast Transactions

Bittylicious provides quick and effective transactions, with the majority of them being finished in a matter of minutes.

Secure Platform

Bittylicious takes security seriously and has put in place a number of safeguards to protect user dollars and private data. To secure user accounts, the platform employs SSL encryption and two-factor authentication.

Mobile App

Users of Bittylicious’ mobile app can purchase and trade bitcoins while on the go.

Bittylicious Conclusion

To sum up, Bittylicious is a trustworthy and user-friendly cryptocurrency exchange that provides its users with a number of advantages. Bittylicious is a wonderful choice for anyone wishing to buy or sell cryptocurrencies in the UK because to its straightforward and user-friendly website, a variety of cryptocurrencies, minimal fees, high transaction limits, and quick transfers. The exchange also places a high priority on security, employing 2-factor authentication and SSL encryption to protect user funds and private data.

It is crucial to keep in mind that Bittylicious is not as widely available outside of the UK and might not have as many features as other, more established cryptocurrency exchanges. Before investing their money, consumers should always do their own research and understand the risks associated with trading cryptocurrencies. Bittylicious is an effective alternative for anyone wishing to purchase or sell cryptocurrencies in the UK because it is a dependable and user-friendly website.

Bittylicious FAQ

What is Bittylicious?

Bittylicious is a UK-based cryptocurrency exchange that allows users to buy and sell various cryptocurrencies with fiat currency.

What cryptocurrencies are supported by Bittylicious?

Bittylicious supports a variety of cryptocurrencies, including Bitcoin, Ethereum, Litecoin, Bitcoin Cash, and many others.

How does Bittylicious work?

Users can buy or sell cryptocurrencies on Bittylicious by placing an order on the platform. Bittylicious then matches the order with a seller or buyer, depending on whether the user is buying or selling.

Is Bittylicious secure?

Yes, Bittylicious takes security very seriously and has implemented a range of measures to keep user funds and personal information safe. The platform uses SSL encryption and 2-factor authentication to protect user accounts.

How long do transactions take on Bittylicious?

Transactions on Bittylicious are generally completed within a few minutes.

What are the fees for using Bittylicious?

Bittylicious charges competitive fees for buying and selling cryptocurrencies, which are displayed upfront before a transaction is made.