Why choose Altcoins.bg?

12/01/2021 | 16:30

Hello, friends!

I hope you’re doing well with the extremely interesting crypto market lately. Since Christmas it’s been nonstop, almost 24-hour action, and we still haven’t found the time to write this article. Most of you already know the answers to this question because you’re already our clients, for which we are endlessly grateful!

But as prices rise, there are more and more new people who are just getting to know crypto assets and the ways to trade. They find us and start asking very important questions that, even if we’ve already “been there” and moved to the next stage, still deserve a proper answer. Some of them are whether it’s safe to trade with us, how their personal data is protected, how safe it is to send us money or crypto, what the guarantee is that they will receive their money, and so on. What makes us different from other brokers and why they should trade through us instead of another intermediary or an international exchange…

The reputation we have built over the years, as well as the comments and recommendations from satisfied clients, answer 99% of these questions, but we will still take the time to address them.

Is it safe to trade on Altcoins.bg, can you withdraw your coins from here, what is the guarantee that you will receive payment from us?

Altcoins.bg has been on the market since 2017 and during this period it has established itself as a leader in crypto asset trading in Bulgaria. The very fact that we constantly evolve, built an entirely new platform, continuously add new features to it, new currencies to trade, new payment methods, and more, is a clear sign of the path we are following and the goal we have.

So yes, it is safe to trade with us! Your personal data, as well as any information you submit in the platform, is encrypted so it cannot fall into the wrong hands. You can look at the padlock icon in the top-left corner of your browser. Our SSL certificate is from Cloudflare, if that means anything to you :) In addition, personal data from verifications is stored separately from all other platform information in encrypted form. So no additional information about you will “leak” from us beyond what is already available online...

We are an online exchange office for crypto assets, which means we do not hold your funds with us! We provide a service that exchanges your BGN into the crypto asset you choose and sends it to the wallet you specify in your order. Likewise, we exchange your cryptocurrencies into BGN and pay you via the method you set in your order.

Why would Altcoins.bg pay my order?

On the platform you can see our company details, the owner, addresses, phone numbers, emails, and our registration details with the NRA as a crypto asset trader. You can also judge what it costs us to build this platform, the constant updates, and the processing of every order. This should answer the question of whether it would make sense for us not to pay you for an order, regardless of the amount... 500, 1,000, 5,000 euros, or 500,000 euros.

To us, your recommendation is more valuable than the value of your order, because every positive recommendation can bring us a new client, who can bring another, and so on. That’s why literally no amount can make us change how we treat our clients. We exist because of them, and that is the reason we keep improving day after day!

Why exactly Altcoins.bg?!

We are the only Bulgarian platform that offers a selection of 130 crypto assets you can trade directly.

We cover the most widely used payment methods in Bulgaria, so it’s extremely easy for you to buy a crypto asset or receive your payout from us literally on every corner.

Registration, verification, and trading on our platform are made very easy and intuitive, so even someone without special knowledge in the world of crypto assets can manage.

We maintain high liquidity and can complete an order of any size at any time. Typically, orders on the platform are between 50 and 15,000 euros. If you want a larger amount, contact us or simply place another order.

You also get fast, reliable support! We have a phone number on the website, live chat, and you can email us as well with any questions and receive an answer within minutes.

Do you always have availability of all currencies?

We hold funds in euros on the exchange, so at any moment we can buy the currency and amount you want for you, regardless of the price or the size of the order.

And here comes one of the most important questions...

Why Altcoins.bg and not an international exchange?!

In general, this topic is quite long, but we’ll try to present it as concisely as possible. It’s not correct to treat the options as either one or the other. You can use both. If you want to be more active in the world of crypto assets and take advantage of the opportunities it offers, it’s good to have an account on an international exchange. However, everything there is in English, verification is also in English, some of the documents they require are in English, they don’t recognize certain utility bills you might provide, so verification there becomes much harder than with us. The exchange software is also more complex, there are many order types, and for a beginner it can be difficult at first.

At the very least, we are Bulgarians and all documents we require are in Bulgarian. Our support is in Bulgarian and everything happens much more easily and smoothly. This doesn’t mean you should forget exchanges just because they’re harder. If you want to trade actively, having an exchange account is essential!

However, depositing and withdrawing money from international exchanges is extremely difficult. Bulgarian banks block most deposit and withdrawal options to/from them, in order to “protect” you from the opportunities you might find there.

Buying crypto assets with a debit/credit card will also cost you on average 4–5%, which is more than our commission, and with a card you also can’t work with larger amounts.

This is where Altcoins.bg comes in.

Deposits and withdrawals to and from us are possible through the methods already described on the platform, including bank transfer.

So you can use Altcoins.bg as a hub that routes payments between you and international exchanges. Use us as your on-ramp or off-ramp to crypto, to ensure you can send and receive funds smoothly.

Even if you find a bank that approves your transfer to an international exchange, it will take at least 24 hours, sometimes more. You will almost certainly go through one or more fintech platforms, which will slow your transfer down even further. In that time, the price of Bitcoin or another asset you wanted to buy at a good price may have already moved by 20–30, even 40%. With us, bank transfers can be completed within a few hours, and there are methods like CashTerminal and EasyPay where it happens literally within minutes. This way you can lock in the price you want, instead of hoping your money arrives at the exchange in time so you don’t miss an opportunity.

The same applies when exiting crypto. If you want to withdraw a larger amount, Bulgarian banks have repeatedly returned transfers from international crypto exchanges, closed accounts, and so on. Here, again, our role comes in. When you send the crypto to us and we exchange it into BGN, you receive the amount without issues!

And if you want to buy a crypto asset for investment and you want it to be fast, easy, and convenient, without wondering how to transfer to exchanges, searching for international payment institutions, and learning exchange trading, then once again, we are your people.

With Altcoins.bg you will save yourself all the problems with transfers to them, the heavier verification, and the difficulties while you get used to using an international exchange.

Yes, of course, we charge a small commission for our services, but the convenience you get and the problems you avoid are much, much more!

So don’t ask yourself whether to choose Altcoins.bg or an international exchange! Use both!

For entering and exiting crypto, it is always easier, faster, smoother, and safer to use us! But if you want to trade actively, short the market, use leverage, futures, liquidity swaps, and so on, you absolutely need an account on an exchange as well!