Anycoin Direct Review & Rating 2024

Anycoin Direct is a cryptocurrency exchange in Europe that provides a platform for trading cryptocurrencies with ease. It was founded in 2013 with the aim to provide best customer service. It has been designed to provide a user-friendly interface and easy access to crypto trading. On Anycoin Direct, you can buy, sell and trade cryptocurrencies. In this article, we are going to give you an unbiased Anycoin Direct review. AtoZ Markets is in no way responsible for any opinions by the writer.

How to Create Account on Anycoin Direct

To buy, sell and trade cryptocurrency on Anycoin Direct, you need to create an account with them. Follow the below steps to register with Anycoin Direct.

• Step 1

You have to click on "register" in the top right corner of Anycoin Direct website. Choose the sign up option and enter your email address and accept terms and privacy policy then click on the register button. The website will send you four digit code for email verification. After entering the code, you have to proceed to next step.

image credit: Anycoin Direct

• Step 2

After your email address was verified you are required to provide certain personal details to create your account. They need your name as well as your birth date. If you wish to open the Business Account, you can complete the process by selecting the "This will be a Business Account' box. If all information is correct then press the green "Continue" button. The next step will require your address. After you've completed your country and address, it's time to move into the second step.

Anycoin Direct is a platform which operates in Europe. So, the following prerequisites must be met 1. You must be at least 18 years old. 2. You must have the status of at least a European citizen or possess a valid European Residence permit. 3. You must have a European Bank account.

• Step 3

You are now able to input your password for your account. Give a secure password. Once you have your password in place you are now able to place orders through Anycoin Direct platform. The next step is optional , but equally important to us. Click the green "Continue'' button to continue to the last step.

• Step 4

2FA (Two-Factor Two-Factor Authentication) involves a double-step authentication process that adds an additional level of protection for your accounts. A six-digit number will appear by your mobile device whenever you need access to your account. There are two ways to use 2FA that can be used, including SMS messages or using an officially-approved Google Authenticator application. On this page , you can configure this security feature on any mobile. We suggest you take this security measure.

You are ready to buy, sell and trade cryptocurrency on Anycoin Direct.

Read Also: YouHodler Review- A Crypto Exchange

Anycoin Direct Review: Services

Anycoin Direct provides Buy, Sell and Trade services of over 25 cryptocurrencies including bitcoin, Ethereum, Ripple, Litecoin and Dogecoin etc.

• Buy

image credit: Anycoin Direct

On Anycoin Direct, you can purchase over 25 cryptocurrencies and get the coins deposited into your personal account. Before you can begin your purchase order, you must have your crypto wallet open and in good working order.

Now you need to first click on the exchange icon in blue, which is located on the home pages for buy and sell. You can choose the cryptocurrency you wish to purchase. Select the amount you'd like to purchase or the amount that you are willing to invest. Whatever you decide to enter the reverse value will be updated automatically to reflect the actual exchange rates.

If you enter the address of your receiving in your account, you're certain to receive the currency you have purchased. It's wise to copy and double-check your cryptocurrency wallet's address instead of entering it by typing.

Once you have entered your coin's address, you will be able to select your credit or bank account to make this purchase. It is possible to select a valid credit card or bank account or even create a brand new one.

Once you've selected your account with a bank, it's now time to select the payment method. Anycoin Direct website will show you a list of all payment options currently available and the service fees associated with them.

Once you've selected your payment method, you should check the selected amount and wallet address, as well as the payment process, charges, credit and their total price. After you've agreed to all of the terms and conditions and privacy policies then you can proceed to the last step by clicking the green button to complete your purchase.

Based on the payment method you choose, a new web page will appear that will redirect you to the payment method online. Follow the steps and complete the payment. The system will transfer the money to your bank account after the payment is confirmed and accepted.

• Sell

image credit: Anycoin Direct

With Anycoin Direct, selling crypto is easier with more than 25 cryptos and you can get the money through bank transfer to your account of choice.

For selling, you'll need to use the blue exchange bar which is located in the menu. You can choose the cryptocurrency you want to sell. Select the amount you wish to transfer as well as the value of EURO you'd like to receive. Whatever you select, the reverse value will be automatically adjusted according to the exchange rate at that time.

The next step is to choose your bank account that is verified in your drop-down menu.

After you've selected the bank account you want to use, you'll get an overview of the order. There, you'll have the option to examine and modify your order for the last time. We recommend that you review this summary of your order and see whether everything is correct. After you've agreed to the website privacy and terms of service policy, you are able to proceed to the next step by pressing the green button.

Then, you need to send your coins to Anycoin Direct and the system will begin the process of paying after the coins arrive.

The payment will go through after Anycoin Direct receives the coins. It could take up to only a couple of minutes. When they have received your cryptocurrency into their account it will begin the process of paying the account you chose via the SEPA banking transfer.

• Trade

image credit: Anycoin Direct

At Anycoin Direct, With their mechanism for trading coin-to-coin, you can trade/swap your two most loved cryptocurrency. Keep both your wallets in order and you can exchange these coins in a matter of just a few minutes.

Anycoin Direct Fees and Limits

• Fees

Service fee refers to the amount the company Anycoin Direct charges for offering the service. The service fee is included into the cost (per dollar) and is shown per purchase, sell or trade order.

For purchase order, €0.50 for buy orders is cost as administrative costs. It is €1 for trade and sell orders.

For Bitcoin their service fees typically range between 1.1% to 1.15 percent of the exchange rate for buy/sell.

In the case of other currencies, different rates are in place that generally range between 1.6 percent to 3.3 percent. Anycoin Direct can deviate from the rates when it is experiencing unpredictable market fluctuations.

• Limits

For the buy, sell and trade, the limits on the platform are based on your level of identity verification. There are four verification levels:

Level 1: Maximum 1,500 EUR daily and 10,000 EUR yearly for buy/sell/trade

Level 2: Maximum 7,000 EUR daily and 25,000 EUR yearly for buy/sell/trade

Level 3: Maximum 50,000 EUR daily and 100,000 EUR yearly for buy and sell, and maximums of 25,000 EUR daily and 60,000 EUR yearly for the trade function

Level 4: Custom limits

Maximum € > 50000 daily and €> 100000 yearly for buy and sell. And for trade maximum limit is € > 25000 for daily and for yearly maximum limit is €> 60000.

Payment Method

Anycoin Direct currently supports the following payment methods: Credit Card, SEPA, Sofort, iDeal, Giropay, EPS and Bancontact. When you place an order, you can see the available payment methods.

Pros and Cons

• Pros

√ Anycoin Direct offers an easy to use interface with an intuitive design.

√ Excellent customer service via the interactive support assistant , or live chat.

√ A variety of payment options are available, which include Visa, Mastercard, Sofort, EPS, Bancontact, Giropay, iDeal and SEPA.

√ A rating  of 4.4 out of 5 on Trustpilot Based on more than 13,000 reviews

√ Limits may be increased following account verification

√ Anycoin Direct is DNB (Dutch Central Bank) registered.

√ Two-Factor Authentication is available to enhance security.

√ Privacy of clients is secured through GDPR compliance and by the appointment of a data protection officer.

• Cons

— Very few coins are listed compared to any other similar exchanges.

— Non-EU members are not allowed. Only Europeans can open an account with Anycoin Direct.

— Only Euro is the fiat currency supported for transactions.

— They do not have any technical trading tools.

— No information available about this exchange regulations.

Is Anycoin Direct a Scam?

No, so far Anycoin Direct is doing fair business. So it is not a scam. The company has been in the market for over 9 years. If we analyse the Trustpilot reviews by users of Anycoin Direct, it has a really very good score of 4.4 out of 5 which is very good for a crypto exchange.

Is AnyCoin Direct Regulated?

AnyCoin Direct is a cryptocurrency exchange that offers its users the chance to trade cryptocurrencies without having to go through the hassle of dealing with an intermediary. It is a decentralized platform that gives investors access to over 25 cryptocurrencies.

AnyCoin Direct is the brand name of  Phoenix Payments B.V which is not regulated by any government body, but it is registered under Dutch National Bank (DNB). DNB Registration number: R179338.

The disclosure of DNB website says,

Phoenix Payments B.V. is not subject to the prudential supervision of DNB or the conduct of business supervision of the AFM.

 Customer Support

Good customer support is important in online trading. Customer support is a particular area in which Anycoin Direct performs pretty well. It has a great and highly skilled support staff who are available to help with every question you need to ask any time of the week.

The platform also has numerous educational and informative content and FAQ pages for customers to consult if they have questions or issues. Customers can also create a support ticket, which is responded by support team as fast as they are able to.

You can contact Customer Support via emailsupport@anycoindirect.eu or telephone +31413747174, and they're available for live chat during the following hours:

Monday - Friday: 10:00 - 22:00

Saturday - Sunday: 11:00 - 18:30

Anycoin Direct Affiliate Program

Anycoin Direct has an affiliate program. With Anycoin Direct you can become either a standard or business partner. As a standard partner, you will be paid 25 percent of their profit margin. Simply share the affiliate link on your profile to your relatives and friends. They also have promotional materials that you can use to promote your affiliate link.

Private Investment Service of Anycoin Direct

Anycoin Direct has a cryptocurrency investment service. With a minimal investment requirement of 100,000 EUR, Anycoin Direct will provide you with the most personal support. No matter if you're looking to make an investment of EUR 100,000, or EUR 5,000,000 their cryptocurrency specialists are thorough, discrete and safe, as they claim.

Bottom Line

To conclude our review, we can say that this exchange has established itself as one of the most popular cryptocurrency exchanges in Europe, though they have very few cryptocurrencies. Anycoin Direct offers especially new customers a simple and efficient method of buying and selling cryptocurrency..

If you are looking for reliable customer service, fast payments, and lower commission then Anycoin Direct might just be the solution you've been looking for.