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Bintense Review – Is this Cryptocurrency Exchange Reliable?
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Bintense Review
Bintense is a dedicated crypto exchange platform claiming to offer efficiency, security and convenience for all users joining its ranks. As an authorized exchange, it is able to put customers’ interests first, delivering a worry-free environment.
More and more people seem to be interested in this company, hence we are bringing forward an updated Bintense review. It will discuss the main terms for private and corporate clients, compliance and some security features.
Conditions for Private and Corporate Clients
Exchanging with Bintense seems pretty simple considering the company designed a step-by-step process. You need to register and create an account, pass the quick verification, link your wallet to Bintense (because the exchange doesn’t store customer funds), choose the crypto you want to buy/sell and then finally wait for the transaction to be approved.
In terms of crypto coverage, users can buy or sell Bitcoin and Ethereum, two of the largest coins in the world when judging by market capitalization and daily exchange volumes. While the whole process is relatively the same for both private and corporate clients, there are some differences in terms of KYC, which brings us to compliance.
Compliance
Bintense is a crypto exchange operated by a company based in Vilnius, Lithuania and it is authorized to provide virtual currency services. As a result, all customers must complete KYC before exchanging any crypto.
For private clients, if you want to exchange a small amount, the number of documents required to complete KYC is slim. The exchange offers a comprehensive list of documents that might be required, depending on how much each client wants to exchange.
Corporate clients must also abide by compliance rules and have to submit documentation related to their business. The list could include a certificate of incorporation, a certificate of registered address, and others.
Those who need assistance with KYC or KYB can reach out to the Bintense customer support service using live chat, email, or phone. Based on this, we can conclude that the exchange is user-friendly and professional.
Security
There are several reasons why Bintense should be labeled as a secure crypto exchange. First, it is authorized to provide such services and thus has to comply with international standards. Second, it doesn’t store fiat or crypto on customers’ behalf, so you will have to manage your coins using a personal wallet.
Last, but not least, it uses a web platform accessible on any device, as long as there is support for a browser. You can buy or sell crypto at your discretion, whenever you deem it appropriate.
Bottom Line
Bintense deserves the credit for offering professional and transparent exchange services. Both private and corporate clients interested in BTC and ETH are welcome to sign up, verify and then exchange at their will. We give it a positive rating overall and a hearty recommendation, if you’re interested in buying crypto online.