Bit Of Heaven
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Overall Score
Summary
Those wanting to exchange fiat into Bitcoin or Ether now have a very reliable option provided by this brand. We welcome all the features available at Bit of Heaven and we can only hope the exchange will manage to keep on the same track as long as possible. To benefit from some of the best market rates, affordable pricing, an OTC desk, and professional customer support via also onsite chat, opening an account with Bit of Heaven is the best possible solution.
Bit of Heaven Review
The process of exchanging fiat into crypto had been made too complex by too many exchange platforms out there, that the whole idea of crypto for the masses does not seem to be valid, but apparently that’s not the case with Bit of Heaven, a registered new exchange that wants to bring simplicity back and provide people all around the opportunity to exchange fiat into Bitcoin or Ether with ease.
Its entire exchange ecosystem requires a more detailed review and that’s what we’ll do today.
Introduction
Bit of Heaven is a cryptocurrency exchange platform owned and operated by Loyalfinance OU, a company incorporated in Estonia and registered with the Financial Intelligence Unit. Since the exchange is authorized to provide services of exchanging a virtual currency against fiat, users can benefit from this trusted environment.
Since the mother company is based in Estonia, the services are mostly targeted to European citizens. Customers from other parts of the world can also open an account with Bit of Heaven, except those who live in the USA or OFAC sanctioned nations (Libya, Iran, North Korea, Cuba, Venezuela, Congo, and others).
Account Verification
The account opening process is very simple. Users need to provide their full name, an email address, a phone number and set up a password. After verifying the email, they will need to provide additional personal information and then pass the verification process.
To do that, Bit of Heaven requires all customers, with no exception, to provide a copy/scan of an ID (any government-issued identification document) and a selfie photo holding the ID in the hand.
This requirement is mandatory because of the KYC Policy and the fact that bitofheaven.io operates as a registered exchange platform. Be aware that no transaction can be made before the verification is completed. To speed up the process, the exchange has an onsite live chat service where users can interact with a representative and get things done fast, even if some minor issues occur.
Exchange Platform
To exchange fiat to crypto with Bit of Heaven, no advanced knowledge is required. After passing the account verification process, users must click on the Buy section. Four simple steps will get everything done.
Step 1 is where users select the cryptocurrency they want to buy (at present Bit of Heaven enables purchases for Bitcoin and Ether). Step 2 will require them to insert the amount of fiat currency they want to exchange and that will be automatically converted into the cryptocurrency desired. Keep in mind the exchange rate is available for 60 seconds.
Step 3 is where customers need to provide the wallet address. In case they don’t already have one, Bit of Heaven helps them create a wallet using the popular provider Blockchain.com. At Step 4, they need to accept the terms of conditions applying to the exchange services provided.
So far, nothing seems to be too advanced, even for a beginner. One minor downside is that Bit of Heaven has not included charts for either Bitcoin or Ether. Still, users can use other charting providers available on the web.
Deposit and withdrawal
To make things quick, Bit of Heaven lets users deposit fiat currency using credit/debit cards or wire transfers. They can deposit in the US dollar, the Euro, or the Pound. The exchange offers reliable purchase solutions and had also developed an additional OTC desk for high volume purchases, in order to close a rate in a short period.
Cryptocurrency withdrawals can be done to a wallet address provided by the user. Once the exchange is done, Bit of Heaven will send the tokens to the address filled by the client. To avoid inconvenience, each user is responsible to provide an accurate wallet and make sure it supports the exchanged cryptocurrency.
Customer Support
At bitofheaven.io customers can find reliable customer support services available via email or live chat. This means they can get their account verified or solve any technical issues very fast, without having to wait for days. Bit of Heaven is fully committed to working on behalf of its customers and had proven to have a professional attitude constantly. The exchange is assisting users with any inconvenience and wants to proactively solve problems.
Conclusion
Exchanging cryptocurrencies had become a complex activity when dealing with most of the exchanges. Bit of Heaven, on the other hand, wants to reinvent the process and provide a new simple, and easy solution.
Those wanting to exchange fiat into Bitcoin or Ether now have a very reliable option provided by this brand. We welcome all the features available at Bit of Heaven and we can only hope the exchange will manage to keep on the same track as long as possible. To benefit from some of the best market rates, affordable pricing, an OTC desk, and professional customer support via also onsite chat, opening an account with Bit of Heaven is the best possible solution.
