Buying, selling and exchanging digital coins is becoming more and more popular. Thus, the number of crypto exchanges is also increasing almost daily.
Bitcoin Motion is a well-known crypto exchange that has been on the market since 2012. Its extensive offering includes 121 cryptocurrencies, which attracts many potential traders.
But what else is there to consider apart from the Bitcoin Motion offer? The Bitcoin Motion review goes into more detail about the history, the offer, the security, deposit options, fees and the tradable cryptocurrencies, among other things.
Is the provider really suitable for any type of investor or are there any important tips here before opening an account?
In this review, you will learn everything you need to know about one of the most well-known exchanges in the market.
Bitcoin Motion: advantages and disadvantages
- Deposit via wallet possible
- High security measures
- Customizable trading platform
- Few languages
- No updates for the applications in 1.5 years
- No phone number for direct support
- Only deposit via wallet possible
A big advantage is the deposit option of cryptocurrencies.
Unfortunately, this is a major disadvantage at the same time, because no fiat currencies are supported. This deprives crypto newcomers of the opportunity to actively use Bitcoin Motion.
Many security measures are taken against hackers and other criminals and all possible dangers are pointed out.
Bitcoin Motion fees turn out to be low if you have a high transaction volume.
However, another drawback is that the Bitcoin Motion offer is only available in three languages and one cannot reach the support by phone. Additionally, the customer service hours are not mentioned and one has to settle for a contact form.
Moreover, the applications for mobile devices have not been updated for 1.5 years, which can possibly cause major security vulnerabilities. Since then, the world of cryptocurrencies has changed significantly and therefore the application should be brought up-to-date again.
Conclusion: A well-rounded offer for all coin traders
With the broad selection in the offer, the platform was able to positively present itself for the first time in our Bitcoin Motion test report. More than 20 coins can be traded here, and fortunately, the fees are quite low. In addition, according to our Bitcoin Motion experience, the provider offers a wide selection of order types that can be executed according to your own wishes.
The provider is reliable in every respect, especially since it is one of the most experienced providers among Bitcoin exchanges. The protection is ensured on several levels, and the Hong Kong provider also enjoys an excellent reputation. Only the lack of bonus offers could be criticized, although bonuses are not a standard in this industry. All in all, this is not a real point of criticism, which is why our overall conclusion for the provider is very positive and fraud or rip-offs are ruled out.