BitcoinToYou
Exchange Fees
Deposit Methods
Cryptos (1)
BitcoinToYou Review
What is BitcoinToYou?
BitcoinToYou is an exchange based in Brazil. The platform has been active since 2012, making it one of the first cryptocurrency exchanges in the world.
According to information on BitcoinToYou’s website, on the date of last updating this review (10 June 2019), the exchange has more than 350,000 users. The exchange also proudly states that its transaction engine can carry out more than 1 million trades per second. We are however a bit hesitant to this last statement seeing as not even the most powerful derivatives exchanges have this capacity. Here’s a picture of advantages obtained from the exchange’s website:
US-investors
BitcoinToYou does not explicitly prohibit US-investors from trading on its exchange. In any event, all US-investors should still perform their own analysis of whether their home state imposes any legal obstacles to them trading at any of the top crypto exchanges that could be the best cryptocurrency exchange site for them.
Only Bitcoin
This exchange only offers trading in Bitcoin. If you would prefer a coin exchange with a more extensive selection of trading pairs, we recommend you to use the filters in our Cryptocurrency Exchange List.
BitcoinToYou 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 cryptocurrency 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 ascertain that it feels right to you. The below is a picture of the trading view at BitcoinToYou:
BitcoinToYou Fees
BitcoinToYou Trading fees
BitcoinToYou’s trading fees for takers are 0.60%. This fee is above the industry average which is around 0.25%. One should consider whether the exchange has a strong offering to investors in other respects that outweighs the disadvantage of this somewhat higher trading fee.
BitcoinToYou Withdrawal fees
BitconToYou's withdrawal fee is 0.0005 BTC per BTC-withdrawal. This fee is a bit below the industry average. The global industry average BTC-withdrawal fee the last time we at Cryptowisser did a full-blown empirical study of it was approx. 0.0008 BTC per BTC-withdrawal. But today, we see more and more exchanges charging 0.0005 BTC per BTC-withdrawal, so one could argue that 0.0005 BTC is starting to become the new industry average.
All in all, this exchange’s fee levels are in line with, or even slightly below, industry average.
Deposit Methods
BitcoinToYou offers wire transfer as a deposit method, but credit cards are not a permitted deposit method. This might of course be disadvantageous if you would prefer to use your credit card for any reason. However, as the exchange accepts deposit of fiat currencies at all, it distinguishes itself from many exchanges that only allows deposits in cryptocurrencies.