bit4you is a cryptocurrency exchange regulated under Belgian and European legislation. The platform was launched in 2018 and is based in Brussels, Belgium. bit4you enables users to buy, sell, and stake more than 100 supported cryptocurrencies.
bit4you requires its users to verify their identity in compliance with KYC requirements. The verification is performed during the account opening process. bit4you does not explicitly prohibit traders from any jurisdiction. Nonetheless, users can confirm whether their local authority regulations do not prohibit some or all services offered by the bit4you cryptocurrency exchange. The exchange is available in both mobile apps (Android and iOS) and desktops.
Markets
The platform offers spot trading. bit4you spot enables users to trade cryptocurrencies with their available account balances. It does not offer any leverage. bit4you offers crypto-to-crypto markets. bit4you trading pairs include BTC, ETH, and USDT markets. The platform supports more than 100 cryptocurrencies. bit4you crypto prices for supported markets are available on the live order book.
bit4you offers a simple Buy/Sell feature that enables users to quickly purchase digital assets in the supported fiats (USD and EUR). The product supports multiple digital tokens.
The platform’s exchange is the main trading product. It is a comprehensive order book for spot trading. The product supports both Market orders and Limit orders. Market orders allow users to trade with the available market price. On the other hand, the Limit order feature gives users more control of their market pricing. They can set minimum and maximum prices for their trades. bit4you crypto exchange also offers stop-loss and take-profit tools. Stop-loss allows users to customize their trades to minimize losses when the market turns bearish. The take-profit feature enables traders to set a price at which they close profitable positions. The exchange also has an Alerts feature, which gives users instant alerts when their rates are reached.
bit4you crypto fee for crypto-crypto exchange is 0.00%. Crypto deposits are also free. The platform's withdrawal fees for cryptocurrencies vary with the type of digital token. Moreover, bit4you exchange fees for depositing fiat is 1.5% for both USD and EUR, while the platform's withdrawal fees for fiat depend on the used payment method. Besides, withdrawing crypto to euro via bank transfer attracts a 2.50% fee, while chargebacks handling withdrawals attract €100 in fees.
Other Services
In addition to cryptocurrency trading, bit4you crypto exchange users can earn passive investment through staking. bit4you staking enables users to receive income from crypto mining. It offers up to 15% staking rates. Users can also invest directly in the platform by providing funds for its development. The minimum deposit is €100. There is no maximum limit for this product. The platform offers an 8% annual interest rate.
bit4you cryptocurrency exchange also has a referral program that rewards users $50 for referring their friends to the platform. The reward is given as soon as a deposit is made by the referred user.
Besides, there's bit4you API code that enables third-party integration. Users can access various data from the platform to improve their experiences with crypto activities.
About the Company
bit4you is a Belgian cryptocurrency exchange founded in August 2018. The platform founders are Sacha Van Damme, Marc Toledo, and José Zurstrassen. The company is headquartered in Brussels, Belgium. It works in collaboration with law firm CEW & Partners. It operates under Belgian and European legislation.
The first transaction was made on the platform at the end of August 2018. In 2019, bit4you integrated Daneel into its platform. Daneel is a fintech company that offers cryptocurrency and blockchain solutions through AI and ML technologies.
In 2019, the platform’s total turnover exceeded €13 million. In 2020, bit4you trade volume reached €170 million. bit4you volume increased further in 2022 to reflect the platform's continued growth.
In 2021, bit4you cryptocurrency exchange cooperated with Fintech law enforcement to investigate a financial scan targeting one of its users. The platform managed to recover the stolen funds.
Sacha Van Damme, one of the co-founders, is a full-stack developer who started programming at an early age. Sacha Van Damme founded Skyhark SPRL, which helps entrepreneurs start their own businesses by offering custom development solutions. He also co-founded Famebroker, an online platform where users can buy and sell stocks.
Another co-founder, Marc Toledo, is a Fintech blockchain investment expert who has worked with several top Fintech and crypto companies. He served as a Managing Director at the Blockchain Association of Exchanges and Custodians (BAx). He is also serving as a Director at Fintech Belgium.
Lastly, José Zurstrassen is an experienced investor. He is also experienced in leadership, having served in various senior positions. He became an Executive Chairman at bit4you and Chainius Solutions in 2018.
