Coinhouse Review

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Overview
Good

Accepts debit, credit and even Neosurf prepaid cards. The existing interface is easy to use and upon initial verification, the digital currencies get delivered instantly.

Bad

Higher fee range of 6-10 percent can bother customers who are on a budget.

Overall

Coinhouse is a Paris based Bitcoin broker that supports multiple payment modes and offers a host of alternative exchange options to the customers. This platform spans right across the European contingent and comes forth with reliable Bitcoin exchange schemes. Apart from that, Coinhouse is best known for instant delivery of the digital currencies followed by an extremely transparent hierarchy.

Detailed Review

This platform spans right across the European contingent and comes forth with reliable Bitcoin exchange schemes. Apart from that, Coinhouse is best known for instant delivery of the digital currencies followed by an extremely transparent hierarchy.

Payment Methods

Coinhouse supports multiple payment options, including the likes of credit cards and debit cards. Every payment is initiated via the 3D secured gateway and customers need not worry about the safety of their funds. Both credit and debit options attract a constant service fee, somewhere in the ballpark of 6 to 10 percent. Apart from that, this portal also allows the use of Neosurf prepaid cards. However, the company levies a 17 percent fee on similar transactions. Regardless of the payment methods, the Bitcoins are delivered instantly to the customer wallet.

Privacy and Credibility

This Bitcoin broker comes with certain interesting yet quick verification techniques. As a part of initial validation, a customer needs to furnish the address proof alongside a snapshot of the photo ID. In addition to that, a selfie is also required as a part of the process. Once verified, the transactions are initiated promptly. The best thing about using Coinhouse is the credibility on offer. Unlike some of its immediate contemporaries, this is one regulated firm that abides by the AML and KYC laws.

Limits, Liquidity and the Associated Fees

Once verified, a user can start purchasing Bitcoins worth €2,000 on a daily basis. The monthly limit for an account specific transaction is however fixed at €10,000.  The best part about using this broker is that transaction limits are dependent on the quality of verification documents. Now when the limits and liquidity concerns are out of the way, customers need to understand how the fee structure works over this platform. Basically, Bitcoin purchases amounting higher than €10,000 attract a flat 6 percent fee whereas there are floating processing rates assigned for lower ranges.

Speed of Transactions

Coinhouse boasts of decent transaction and delivery speeds. Once the initial verification is out of the way, Bitcoin deliveries are instantly processed. Apart from that, the intuitive user-interface responds quickly to the customer queries without putting off issues for a longer period of time. When it comes to the customer support service, users can send across emails to the specified address. The responses are fast and certainly fulfilling in nature. Calling facilities are also rendered by this online Bitcoin broker.

Fund Security

As mentioned previously, every single transaction follows the secured gateway. This is the reason why credit and debit-centric purchases are safely initiated without any hassles. Not just purchases but users can also sell Ethers and Bitcoins over this online platform, in order to redeem the existing currency rates. SEPA transfers are allowed which in turn simplifies the liquidation process further. This online platform boasts of unparalleled security measures courtesy its association with Ledger which itself is a reliable Bitcoin security firm.

Bottom-Line

Coinhouse is certainly a preferred Bitcoin broker when it comes to the simplicity on offer. This online client minimizes the underlining complications and features some of the best deals for the enthusiastic customers. Be it a wide range of payment options or the faster remittance of deliverables, users can completely rely on this service provider without having to worry about privacy, safety and security.

Top Features

General

  • Bitcoin Marketplace
  • Purchase BTC with Cash
  • Purchase BTC with Card
  • Instant Delivery
  • ID Compliant
  • Transparent Charges
  • Low Transaction Fees
  • Easy-to-use Interface
  • Alternative Exchange Options
  • Fund Security
Pricing
Merchant Price
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