Altcoins.bg - the leading crypto platform in Bulgaria
Altcoins.bg is a Bulgarian platform for buying, selling, and exchanging cryptocurrencies. Founded in 2017, it quickly became the most preferred place for crypto trading in Bulgaria. Rostislav Totev and Altcoins.bg have personally been behind many of the key innovations in the Bulgarian crypto sector.
Altcoins.bg is a fintech platform for digital assets, built to deliver reliable and user-friendly services for both individual users and business clients in Bulgaria. Operated by "Altcoins BG" EOOD (ex "Lendix" EOOD)., the company provides a full suite of solutions: fiat on/off-ramp services in BGN/EUR, crypto-to-crypto conversions, a digital wallet, and merchant products for accepting cryptocurrency payments, including POS scenarios and automatic fiat conversion options.
The company’s philosophy is “security by default and simplicity in use.” It focuses on transparent pricing, fast transaction processing, and local customer support. The platform applies established AML/CTF practices, remote identification procedures (KYC), and GDPR-compliant personal data protection. Its technical architecture follows principles of segmentation and access control, transaction risk monitoring, and operational continuity.
Altcoins.bg also develops educational initiatives including practical guides, training programs, and content aimed at improving financial literacy and the safe use of cryptocurrencies. The goal is to be a trusted partner in both everyday and business processes, from the first crypto purchase to payment integration and operational management.
History
- 2017 – The platform is founded and quickly becomes one of the main crypto service providers in Bulgaria.
- 2022–2025 – In addition to its core platform operations, Altcoins.bg acts as a liquidity provider across more than 10 European markets; this service is later discontinued due to regulatory changes.
- November 19, 2024 – Launch of automated investing (DCA).
- July 10, 2025 – Altcoins.bg becomes a member of the Bulgarian Fintech Association (BFA).
Products and Services
- Fiat to crypto (BGN/EUR) and crypto to crypto: over 60+ crypto-fiat and 130+ crypto-crypto pairs, available 24/7/365 via the wallet.
- Digital wallet (free with every account) with instant internal swaps.
- Altcoins PAY POS: crypto payment acceptance for online and physical merchants, optional conversion to BGN/EUR, Lightning Network support, plus a secondary payment integration with BTCPay.
- Purchase of real estate and luxury goods with crypto via consulting and partner services.
- Crypto to crypto exchange: fully automated, available 24/7.
Payments and Integrations
- Open Banking / IRIS Pay: integrated IRIS BGSF (IRISPay) instant bank transfers under PSD2, enabling market entry within seconds, also available in the shop.
- EasyPay and Cashterminal: a network of approximately 6,000 physical locations nationwide where deposits and withdrawals can be made, positioned as a unique local advantage.
- Binance “bridge”: guides and product pages enabling easy transfers between Altcoins.bg and Binance.
Partnerships and Initiatives
- Proprietary pilot banking package “Partner” for Altcoins.bg clients, including online onboarding and instant transfers.
- IRIS Solutions (IRISPay): open banking platform for instant payments, with external references from industry publications.
- Media appearances: coverage on NOVA regarding crypto scams, featuring the company founder.
- Education and blog: regular market analysis, guides, and news.
- Partnership with one of the largest global organizations focused on detecting and combating crypto-related crime.
Technology and Scale
- The platform supports pricing and markets for a wide range of assets, with operations positioned as fully automated for faster and more reliable transactions.
- According to the company, each client has access to a wallet “on par with global exchanges”, following a custodial model with fast internal transfers.
Unique Achievements
- Altcoins.bg states it is the only crypto platform in Bulgaria, and possibly in Europe, offering an Open Banking request-to-pay flow via IRISPay, allowing bank login and biometric confirmation with crypto credited within minutes.
- A crypto payment processor has been developed for businesses and freelancers, with optional automatic conversion to BGN/EUR.
- Exclusive service: purchasing real estate, vehicles, and luxury goods with crypto through a partner network.
