Bitonic is a Dutch-based Bitcoin company that was established in 2012. BL3P is the exchange within Bitonic. It allows users to trade to buy or sell BTC using EUR. In other words, it's a fiat on-ramp platform for the Euro.
The platform is accessible in every single European nation. BL3P maintains a bank account in the Netherlands so that it may handle transactions in EUR. Through the Single Euro Payments Area (SEPA), European consumers can deposit and withdraw Euros. Dutch customers, on the other hand, can also use iDEAL.
The Bitonic crypto exchange is available on both mobile phones and desktops. Besides, KYC verification is mandatory for Bitonic.
Markets
The BL3P exchange has only one Bitonic trading pair – BTC/EUR. Thus, there's no Bitonic spot market. To see the current Bitconic trade volume, take a look at the chart above.
The Bitonic exchange fee of 0.25% is applicable on each trade. Besides that, talking about Bitonic crypto fees for deposits and withdrawals, a fee of 0.5 EUR is deducted from traders' accounts whenever they make a deposit via iDEAL or SEPA. Though note that the cryptocurrency exchange does not impose any fees on deposits of 0.1 BTC or more. However, if you deposit less than 0.1 Bitcoin, you will have to pay 0.0003 Bitcoin additionally.
Other Services
One of the other services offered by Bitonic is the Bits feature. It allows users to set automatic BTC purchases. They can set daily, weekly, or monthly purchases.
Moreover, the Bitonic crypto exchange provides users with the Bitconic Academy. It allows traders to learn about trading techniques and provides them with means of research as well as advice.
Additionally, the Bitonic cryptocurrency exchange provides users with an OTC trading desk. It allows them to trade in higher volumes (more than 100k) and have a dedicated account manager.
About the Company
The Bitonic cryptocurrency exchange was established in 2012 but launched in 2013. It serves as a platform for buying and selling Bitcoin. Niels van Groningen and Jouke Hofman are two of the Co-founders of Bitonic. The exchange has its headquarters in the Netherlands. Besides, it is registered with the Dutch Central Bank, which assures that all customers have a safe and secure experience while trading.
Niels van Groningen has a degree in Artificial Intelligence. Prior to founding Bitonic, Niels worked as tech support at KPN and was a voluntary member of the IT team at Jonge Democraten. Besides that, he co-founded IQYOU and Kleiman & Van Groningen, as well as is the owner of Entix.
However, information about the education and career of Jouke Hofman is scarce online. Though it is known that he is the general manager at Bitonic.
