On this page we will take a closer look at a Dutch cryptocurrency broker called AnyCoin Direct. The topics that will be covered in this Anycoin Direct review are: General information, Cryptocurrency offerings, fees and charges, support, security and the pros and cons.
Table of Contents
What is Anycoin Direct?
Anycoin Direct was founded in 2013 in Veghel as a European cryptocurrency exchange. Since 2013 time, the company has continued to develop at a rapid pace and they are committed day in and day out to facilitate their customers in purchasing cryptocurrencies in the best possible way.
Purchasing cryptocurrencies there is very easy. It is possible to buy and sell cryptocurrencies with almost all payment methods used within Europe. Of the many different have brokers, Anycoin Direct has made the purchase process very well thought out and as simple as possible for their clients.
The ease of use and customer service are also directly two very important aspects by which they manage to distinguish themselves from competitors.
Which cryptocurrencies are on Anycoin Direct?
Anycoin Direct has been busy expanding their offerings since its launch. By now you can purchase 25 different cryptocurrencies. There are competitors who have a larger selection, however at Anycoin Direct all of the most important and prominent cryptocurrencies are for sale. Should you wish to sell your cryptocurrencies, you can do so as well.
For a long time, Anycoin Direct has only been a ‘fiat-to-crypto’ broker. This means that cryptocurrencies could only be purchased with euros.
However, since November 2018 it is also possible to trade the cryptocurrencies offered on the website among themselves. For example, you can trade Ethereum for Bitcoin. Should you want to read more about this you can consult the following link.
What are the fees and costs on Anycoin Direct?
Anycoin Direct also charges buying and selling fees just like any other broker. At brokers, buying and selling fees are often a lot higher than at exchanges. However, at Anycoin Direct this is not so bad.
Anycoin Direct charges a 1% markup on both buy and sell transactions. Unlike other brokers, this is very low. Many competitors charge a markup between 2-3%.
Where do I find Anycoin Direct support?
As mentioned earlier, Anycoin Direct has from the beginning focused tremendously on stretching their support section. For example, there is an extensive FAQ and many different manuals available which cover all the important aspects when making a (first) purchase. For example, manuals are available for creating an account, buying or selling cryptocurrencies and storing them safely.
In addition to the manuals, there is also 7 days of live support via chat function. From Monday to Friday from 09:00 to 22:00 and on weekends from 10:00 to 18:30. They are also available by phone and can be emailed at support@anycoindirect.eu.
Is Anycoin Direct secure?
The security measures taken to protect digital currency and customer data are good. Anycoin Direct maintains a very high standard of information and security. In addition, the cryptocurrencies purchased are not stored on the platform. During the purchase process, you must enter the public key of your wallet address, after which the coins will be sent to your wallet.
What are the pros and cons of Anycoin Direct?
The table below shows the advantages and disadvantages of AnyCoin Direct at a glance.
Pros
- Offers 29 of the most popular cryptocurrencies
- Very easy to use
- Excellent live support
- Low transaction fees
- Many different payment options
Cons
- Lesser selection than some competitors
- No wallet option
Conclusion
Anycoin Direct makes it very easy for the novice investor to convert euros into cryptocurrency or vice versa. The platform is self-explanatory and making purchases is very fast. There is also a more than excellent support section with an extensive FAQ, available manuals and live support that is available to you 7 days a week. In addition, AnyCoin Direct has very competitive buying and selling fees compared to its competitors.
We highly recommend Anycoin Direct to beginning (and more experienced) cryptocurrency investors.