Bitomat

Bitomat is a crypto exchange service that has been operating since 2021. It swaps one cryptocurrency for another and also exchanges between crypto and fiat money.

Exchange directions

• crypto to crypto — for example, when you need to move funds from one coin to another without cashing out to fiat;
• crypto and fiat — selling crypto for regular money or buying it with fiat.

The exact list of coins, currencies and payment rails is not given in the description; check it when placing an exchange order.

Fees

The service charges from 0 to 2%. The rate depends on the direction and the amount: some pairs carry no fee, others reach the upper limit. The best way to compare the real cost is the rate shown before you confirm the deal.

Checks

The exchanger runs KYC, meaning identity verification, and AML screening of funds. A large or unusual exchange may therefore require documents and take longer, but it lowers the risk of receiving tainted coins.

Who it suits

Individuals and small businesses that want swaps with a clear fee range and are ready to go through verification.