FAQ Bitcoin X Romania

 

Is trading bitcoins and the usage of Bitcoin X Romania legal?

Bitcoin X Romania is a deposit collector for FIAT currency and virtual currency. Trading and having an account with Bitcoin X Romania is legal. It is your personal responsibility to declare any profit, accumulated by trading through us. Our exchange infrastructure is maintained by Crypto Next PLC, Island of Man, UK. The exchange is fully compliant to international standards and KYC guidelines.

Is my information/identity safe when using Bitcoin?

Bitcoin is extremely secure, using a system established upon obscurity and encoding. Bitcoin X Romania will not disclose your information to third parties, only if ordered by a court ruling by government agencies. Since your personal Bitcoins are maintained on your computer, it is imperative that you take additional steps to ensure that your Bitcoin wallet remains protected from users other than yourself.

How do I get started?

Sign up for an account here, its free! Once you have created your account you need to place funds into the account via bank transfer as well as submit your ID and proof of address for our “know your client” process.

What is the turnover time for transactions?

Any transaction carried out with Bitcoin will begin immediately, though it may be up to 24 hours before it is reflected in your Bitcoin X Romania account. Bitcoin X Romania executes all account withdrawals within 1-2 days.

What are the fees involved when using Bitcoin X Romania?

Individual or merchant trading account: 0.5% per transaction (a transaction constitutes either of the following: trading from Fiat currency to digital currency, merchants converting digital currency to fiat currency.) Transferring currencies from one account to the other on the same exchange is for free, as is depositing / withdrawing currencies.

Beneficiary address and bank:

Beneficiary: Crypto Next PLC, Fort Anne, South Quay, Douglas, IM1 5PD, Isle of Man, United Kingdom

Bank: Fidor Bank AG, Sandstraße 33, 80335 München, Germany

or

Bank: Trust Pay SA, Za kasárňou 1, 831 03 Bratislava, Slovakia