Coinhouse

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coinhouse review

The Bitcoin House is the best cryptocurrency exchange in the heart of Paris. You can buy your bitcoin and ethereum there directly. But it also has an online website called Coinhouse. Wondering if it is reliable? If you can buy your bitcoins safely? Here is my review!

La Maison du Bitcoin is a physical shop, located in the heart of Paris, at 35 rue du Caire. Bitcoins can be ordered in a so-called “exchange counter”. For that it is necessary :

  • provide valid identification
  • have a Bitcoin portfolio (if you do not have one, the Bitcoin House teams will help you create one using your smartphone)

It is then possible to exchange bitcoins for cash or to buy them with a blue card or a Neosurf card.

And for those who want to order from their device, the company gave birth to CoinHouse. The goal was to provide a platform to buy Bitcoins in a simple and secure way – to help beginners get started with this crypto-change.

How to register on Coinhouse?

It is very easy to create an account on CoinHouse. First, click on this link. Then click on the button “Create your account and buy Bitcoins”. You only have to provide your email address and choose a password. Then validate this information by clicking on “Registration”.

During the process, Coinhouse will send you an e-mail with the topic “Confirmation Instructions”. Click on the link it contains to validate your account.

You will then be able to log in to your account. Click “Verify Account”. You will then have to provide several documents, among them a:

  • copy of your identity document
  • selfie of you with this ID
  • proof of domicile (invoice of Box Internet, electricity, etc.)

Once you have provided all the required documents, validate with the “Save” button. And now, the Coinhouse teams will review your KYC. It usually takes between 30 minutes and 24 hours during working days.

You will then receive a confirmation email that your account has been validated.

Please note that you won’t be able to buy bitcoins on Coinhouse without verification of identity. You will not only have to provide your identity. But you will also have to take a selfie with a piece of identification.

Because the site must simply comply with very strict regulatory obligations. It is thus forced to ensure the identity of its customers, and can thus limit fraud.

How to buy and sell altcoins?

Coinhouse payment methods

CoinHouse supports three payment methods:

  • VISA and Mastercard (only compatible 3D Secure models)
  • Neosurf prepaid cards (you can order them online)
  • bank transfers

Note that Coinhouse does not allow, for now, to order with Paypal. On this subject, do not hesitate to consult this article to discover how to buy Bitcoins with Paypal.

Coinhouse fees and transactions

Bitcoins are offered at the price set by the Kraken site, plus a commission.

When ordering your Bitcoins by CB or bank transfer, the commissions that will be charged will depend on your total purchase volume since you signed up.

Here is a summary of the commissions for transfers:

And here are the commissions for payment by credit/debit card:

Coinhouse buying limits

Like most of the best cryptocurrency exchange sites, Coinhouse sets purchase limits:

  • 500 € per day
  • 2000 € per month

Note, however, that these limits can be increased. To do this, you have to apply to CoinHouse, who will be able to grant it according to your profile.

Conclusion

The main advantage of Coinhouse? It is extremely reassuring to be able to order on a French platform, whose headquarters is located in the heart of Paris. The customer service is also located in France and will be responsive to help you.

One can also cite the simplicity of the site, which will allow everyone to be able to easily get bitcoins or ethers. It’s not the best cryptocurrency exchange. But it’s definitely one of the best places to buy bitcoin.

Note, however, that Coinhouse does not currently offer an integrated wallet. You will, therefore, have to own your own wallet in order to get Bitcoins. However, it is advisable not to leave crypto-currency on a trading platform … and Coinhouse allows you to immediately take good habits!

9.1 Total Score
Coinhouse Review: Excellent

Offered by La Maison du Bitcoin, this platform will allow you to obtain very easily virtual currency (Bitcoins, but also Ethers).CoinHouse is a reliable site, on which you can place orders with confidence - by credit card, bank transfer or Neosurf. We recommend that you use this site to order your first Bitcoins.

Ease of use
9
Privacy
8
Fees
8
Security
8
Reputation
9
PROS
  • A reliable site
  • Buy bitcoin by prepaid card, credit card or bank transfer
  • Efficient customer service
CONS
  • The need for a Bitcoin wallet
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