HappyCoins Exchange

HappyCoins Exchange Review

What is HappyCoins Exchange?

HappyCoins Exchange is a Dutch cryptocurrency exchange. It has been active since 2017. Users 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. At this exchange, you can do two things and two things only: buy Bitcoin & sell Bitcoin.

US-investors

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 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 quite limited trading view at HappyCoins Exchange, consisting of merely buy and sell boxes and a small price chart:

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.

Deposit Methods

This trading platform offers wire transfer as a deposit method, but you can’t deposit via credit card.