eCoin.eu – a cryptoruccency exchange service with instant payouts

eCoin.eu was founded in 2009 when Bitcoin was only growing popular. It is (as one have probably guessed) a European exchange service available in the main languages: English, Chinese, German, French, Spanish, Italian, Portuguese, Polish and Russian. It has a very good and fully localized interface and

eCoin.eu is officially registered in Panama just like many other companies. Panama legislation is very transparent and convenient for different types of business so it's a natural thing that exchange services quite often operate with Panama registration.

In general eCoin.eu provides all basic functions like cryptocurrencies exchange, funds storage on protected accounts and easy and secure access to financial operations. Some users are not satisfied with the fact that eCoin.eu works only with BTC, LTC and USD. Yes, that's quite interesting especially if we consider the ".eu" domain. But there are people who prefer eCoin.eu right because this service deals with a limited number of cryptocurrencies and USD only. They say that it's better to work with a dedicated exchange service provider.

Easy account creation

Unlike many other exchange services eCoin.eu offers incredibly simple interface. Registration is free of charge and fast. There is a Registration button on eCoin.eu homepage. A user needs to enter some personal information, click the link from the confirmation email and that's it.

So if you are registered then you need to log in and replenish your account. After then you need to click "Finances" tab on the left and select what currencies you need — BTC Ecoin, LTC Ecoin or Internal Ecoin (used for internal operations). Then you are enabled to buy and sell. Such a quick start is definitely an advantage of eCoin.eu.

Advantages of eCoin.eu

We have already mentioned easy and quick registration after which you can start trading right away. Another advantage is good level of security. There is nothing to worry about as eCoin.eu uses Comodo SSL certificate with 2048-bit encryption. That is definitely enough to protect your financial and personal information from any illegal access.

Account replenishment and payouts in eCoin.eu are also very quick — they are always performed the same day without any extra confirmations (of course if a transfer or a payout was made during your bank business hours).

Please note that USD transfers could be rather slow as each of them passes through several American banks. Sometimes it takes up to 7 business days for such a transfer to be delivered. It is quickly processed by eCoin.eu, but the banks are much slower.

You may pay extra commission and eCoin.eu will make such a transfer faster. Luckily in concerns only transfers to or from the USA — transfers made in the Eurozone are much faster.

There are plenty of ways to replenish or withdraw money including PerfectMoney, Payeer, AstroPay and many other e-payment services. Please check the full list on eCoin.eu website as it's regularly updated.

Finally, payouts in eCoin.eu are fully automatic. It means you will get the money almost instantly unless there is lack of funds in the system. If the reserves are not enough your payout request will be processed within following 24 hours. Anyway, it's absolutely OK comparing to competitors where users sometimes have to wait for several days to get their money.

Verification is not necessary if you are sending less than 100 USD. But if you want to send more it's not a problem — verification is fast and simple.

Finally, there are no commissions for online money transfers and very small commissions for bank transfers. You may send and receive money globally without any limitations.

Great news for European customers

Recently eCoin.eu has proved its European focus and launched a new service available for users from Austria, Germany, Italy, Spain and France — instant bank transfer. Now customers registered as citizens or inhabitants of the mentioned above countries are enable to instantly buy LTC and BTC using their bank account funds.

Without a doubt, it's a very convenient feature for people who often buy and sell cryptocurrencies. That is how eCoin.eu attracts new customers and turns them into loyal ones.

Actually, instant bank transfer service is just a part of a large update which also includes another nice feature — MasterCard top-up. Now all users of eCoin.eu can make a payout from the system to their MasterCard with a very small commission (just 2%!). To do that a user merely needs to go to the sell/exchanges section of eCoin.eu system and select top-up for any of user's pre-paid XMLGold MasterCard. Three currencies are available — USD, EUR and GDP. Those who still don't have such a card may order it for $15 only (delivery is included).

Conclusion

It's very easy to get lost among so many online exchange services. Even the oldest ones have to fight with dozens and even hundreds of competitors who are young, ambitious and hungry. New companies want to find a good place on market and use lots of tricks which often lead to sad financial results.

As for eCoin.eu this exchange services doesn't try to be the best in everything. They have chosen their focus and follow their strategy. Users see that eCoin.eu develops and introduces something new every few months which means that the service feels good.

Sometimes you can find negative testimonials on the Internet stating that eCoin.eu is just a scam. There are no to so many of them and we are not sure if they are worth considering them. However, it's better to be cautious in everything related to finances.

Therefore we recommend you to make a small investigation prior to creating an account there. Anyway, our opinion about eCoin.eu is rather optimistic. Try and check this service yourself!