Bittylicious is a third party exchange that allows users to buy cryptocurrency with fiat money. The exchange targets the UK market, meaning that Pound Sterling is the default currency. If you’re from the UK and thinking about buying cryptocurrencies with Bittylicious, be sure to read our comprehensive review. We’ll discuss everything from payment methods, fees, supported coins, and more. eToro - Our Recommended Crypto Platform Our Rating ASIC, CySEC and FCA regulated - 20 Million Users Worldwide Buy with Bank transfer, Credit card, Neteller, Paypal, Skrill, Sofort Free Demo Account, Social Trading Community Free Secure Wallet - Unlosable Private Key Staking Rewards for holding ETH, ADA or TRX Copytrade Winning Crypto Traders - 83.7% Average Yearly Profit Buy Crypto 68% of retail investor accounts lose money when trading CFDs with this provider. On this Page:Contents [show] If you’re in a rush and don’t quite have the time to read our review in full, then we concluded by noting that we cannot endorse Bittylicious. The main reason for this is that Bittylicious exchange rates are really bad, they operate in an unregulated manner, and there is no ability to short coins or apply leverage. Instead, we prefer heavily regulated exchanges like Coinbase, who allow you to long and short 15 cryptocurrencies, fees are super low, and the platform is really easy to use. What is Bittylicious? Bittylicious is a UK-based cryptocurrency exchange that allows users to buy and sell a small range of digital coins. Although the platform was first launched in 2013, Bittylicious is still not regulated by any notable bodies. The Bittylicious website is very basic, which makes it super easy to buy coins if you’re a beginner. Although Bittylicious focus heavily on the UK market, they also accept payments from other countries too. Bittylicious makes their money by adding their fees within the offered exchange rate. How does Bittylicious Work? Bittylicious is quite different from other leading exchanges such as Coinbase, as they act more like a third-party escrow provider. When you buy crypto at Bittylicious, you enter the amount that you want to purchase, and the rate is pre-defined for you. Bittylicious then matches you with a registered broker, who will then deposit the coins into the Bittylicious escrow wallet. Once the broker confirms that you have deposited funds directly into their account, Bittylicious will then release the coins into private Bitcoin wallets. This is actually a really inefficient process, as you need to wait for the broker to confirm that your payment has been received. Obviously, if you are using a bank wire, you might need to wait up to 5 working days before the funds actually arrive. Some brokers do allow you to use a debit or credit card, however, this is only available in certain countries. As soon as the purchase is complete and the coins have been released, that’s the end of the transaction. This means that you cannot actually engage in day trading at Bittylicious, meaning that the platform is best suited for long-term investments. 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Visit Site68% of retail CFD accounts lose money.Visit SiteAs prices of digital assets are highly volatile, users could lose all or a substantial portion of the value of any digital asset they purchase.Visit Site74% of retail investor accounts lose money when trading CFDs with this provider.Visit SiteThe price and value of any investment in digital asset products can fluctuate.Visit SiteThe traded price of digital tokens can fluctuate greatly within a short period of time.Visit SiteMarket prices for digital tokens can be volatile and highly unpredictable.Visit SiteAs with any asset, the values of digital currencies may fluctuate significantly.Visit SiteThe value of digital currencies can go up or down frequently.Visit Site71% of retail CFD accounts lose money.Rating5.04.94.74.74.64.54.44.34.1Mobile App Rating10/1010/109/109/108/108/109/109/109/10FeaturesMobile AppWalletNumber of Coins13410859223412465215FeesTrading FeesSpreads0.2%Spreads0.1%0.1%0.1%0.1%0.50%SpreadsDeposit FeesN/AN/AN/AN/AN/AN/AN/AN/AN/AWithdrawal Fees$5N/AN/A0.0005 BTCN/AN/AN/AN/AN/AExtrasRegulatedASIC, CySEC, FCAN/ACySECN/AN/AN/AFCAFCACBI, MiFIDMin. Deposit$50N/A100 EURN/AN/A$10$10$2$100Leveraged TradingN/A1-200xN/A1 - 100x1 - 100x1 - 10x1 - 100xN/A1 - 30xLatest Prices (per Coin)Bitcoin$30143.74$40377.55$30261.29$30163.34$40391.88$40393.04$40404.41$40416.27$30246.22Ethereum$2059.82$2795.54$2035.56$2022.93$2796.11$2795.55$2797.45$2796.59$2028.48XRP$0.44$0.78$0.43N/A$0.23N/A$0.78$0.30$0.44Tether$1.00N/AN/A$1.00$1.00N/AN/A$1.00N/ALitecoin$70.50$108.99$69.54N/A$109.04N/A$109.10$109.04$69.61Bitcoin Cash$199.57$294.96$198.40N/A$506.41N/A$295.12$295.07$198.30Chainlink$7.10$14.68$7.12N/A$14.26N/A$14.68$14.67$7.21Cardano$0.55$0.83$0.54N/A$0.83N/A$0.83$0.83N/AIOTA$0.35$0.70$0.34$0.34N/A$0.70$1.91$1.91$0.34Binance Coin$315.44N/A$308.21$308.13N/AN/A$385.92N/AN/AStellar$0.13$0.19$0.13N/A$0.19$0.08$0.19$0.19$0.13Bitcoin SV$51.12$77.12$50.81N/A$182.50N/AN/AN/AN/AUSD Coin$1.01$1.00N/AN/A$1.00N/AN/AN/AN/AEOS