BTC Direct
exchangeBTC Direct is a non-custodial Dutch crypto broker, founded in 2013 and holding a MiCA CASP license from the Dutch AFM, serving customers across the EU and EEA.
Platform Information
Founded
Headquarters
Two-Factor Authentication
An extra login step that protects your account even if your password is stolen.
Custodial
The platform holds your crypto on your behalf — you don't control the private keys.
KYC Required
Know Your Customer — you must verify your identity before trading or withdrawing.
Proof of Reserves
The platform publicly proves it holds enough assets to cover all customer funds.
Insurance
Customer funds are covered by insurance in the event of a hack or platform failure.
Supported Chains
About BTC Direct
BTC Direct is a Dutch cryptocurrency broker founded in Amsterdam in 2013. Operating on a non-custodial model, the platform facilitates the purchase and sale of cryptocurrency without taking custody of user assets — crypto is sent directly to a wallet address provided by the customer at the time of purchase. It has served over one million customers across the EU, EEA, and Switzerland.
Security
- Non-custodial model: BTC Direct does not store or safeguard crypto-assets on behalf of users. Before completing a purchase, customers must link a verified wallet address to their account. Because assets are not held on the platform, users face no direct counterparty custodial risk from BTC Direct itself.
- KYC/AML compliance: All users complete mandatory identity verification before trading. Transactions are monitored for anti-money laundering compliance, and BTC Direct may request proof of wallet ownership at any time.
- Two-factor authentication (2FA): Available for account access protection.
- Proof of reserves: Not applicable given the non-custodial model — BTC Direct does not hold or pool customer assets.
Regulation
- MiCA CASP license: BTC Direct received its Markets in Crypto-Assets (MiCA) Crypto-Asset Service Provider (CASP) license from the Dutch Authority for the Financial Markets (AFM) on 18 June 2025, ahead of the EU-wide transition deadline of 30 June 2025.
- Historical DNB registration: Prior to MiCA, BTC Direct was registered with De Nederlandsche Bank (DNB) as a virtual asset service provider.
- Supervisory split: Market conduct supervision is handled by the AFM; prudential supervision — covering capital adequacy, governance, and financial soundness — falls under DNB.
- EU passporting: The MiCA license enables BTC Direct to serve customers across all EU and EEA member states. The French Autorité des marchés financiers (AMF) has been separately notified.
Incident History
No major security breaches or incidents involving loss of customer assets have been publicly reported since BTC Direct was founded in 2013. The platform maintains a clean security record across more than a decade of operation.
Availability
BTC Direct serves customers throughout the EU, EEA, and Switzerland. It does not appear to accept customers based in the United States. The platform supports approximately 20 major cryptocurrencies, all priced and tradeable in euros.
Security & Score
Platform Safety Score
Based on incident history, security features, and track record
Security Features
Regulatory Information
Regulated In
Jurisdictions where this platform is officially licensed and subject to financial oversight.
Area Served
Countries or regions where this platform is available to users.
Notes
Registered with De Nederlandsche Bank (DNB); holds MiCA CASP license issued by the Netherlands (AFM), passported into France (AMF).
Incident History
No incidents recorded for this platform.
Frequently Asked Questions
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