When you're looking for a crypto exchange in Europe, you don't want to end up on a platform that feels like it’s still in beta. Bit4you claims to be the first crypto exchange based in Belgium, and that sounds promising-until you dig deeper. The website looks clean, the homepage says "European-level trading," and they even offer a demo account. But here’s the problem: Bit4you doesn’t have enough users, trading volume, or transparency to be trusted as anything more than a curiosity.
What Is Bit4you, Really?
Bit4you is a centralized crypto exchange registered in Belgium, launched sometime between 2020 and 2021. It markets itself as a local option for Europeans, especially Belgians, who want to trade crypto without using big U.S.-based platforms. But unlike regulated exchanges like Bitpanda or Kraken, Bit4you doesn’t hold a license under the EU’s Markets in Crypto-Assets (MiCA) framework. Their own website admits they’re "not subject for the time being to a license." That’s not a feature-it’s a red flag.No Trading Volume. No Users. No Proof.
Here’s the cold truth: Bit4you has almost no trading activity. According to CoinCarp, the exchange had just 224 website visits in the entire month of October 2025. That’s fewer visits than a small local coffee shop gets in a single day. For comparison, Bitpanda had over 3 million monthly visits in Q3 2025. Kraken processed $142 billion in trading volume in Q2 2025. Bit4you? No data. No numbers. No transparency. No reputable exchange leaves trading volume blank. If you can’t see how much is being traded, you can’t know if your buy or sell order will even go through. And if you try to withdraw your crypto, will the exchange even have the funds? There’s no proof of reserves published. No third-party audits. No transparency reports. That’s not just risky-it’s dangerous.Security? There’s Nothing to See
Security isn’t just about two-factor authentication. It’s about whether the exchange can actually protect your assets long-term. Bit4you doesn’t publish any details about its cold storage, encryption methods, or cybersecurity measures. CoinCarp lists "No data" for every security metric. No proof of reserves. No insurance fund. No incident history. That’s not a neutral omission-it’s a warning sign. Compare that to Bitpanda, which publishes monthly reserve attestations, or Kraken, which has been audited by top firms like Grant Thornton. Bit4you doesn’t even try. If you’re holding crypto on this platform, you’re essentially trusting a black box with no labels.
Customer Support? Good Luck
When something goes wrong-and it will-you need support. Bit4you offers no clear contact channels. No live chat. No phone number. No email response time listed. Their website has no help center, no FAQ page, and no knowledge base. Reddit users who tried to sign up reported giving up after 20 minutes because they couldn’t find basic info like supported coins or fee structures. Even their social media is dead. Twitter has 1,577 followers, mostly bots or inactive accounts. Facebook and Instagram have under 500 each. No engagement. No replies. No updates since early 2025. If an exchange doesn’t care enough to post regularly, why would you think they’ll respond when you need help?The Demo Account Doesn’t Save It
Yes, Bit4you offers a demo account. That’s nice for beginners who want to practice trading without risking real money. But here’s the catch: demo accounts don’t reflect real market conditions. They don’t test withdrawal speed, fee accuracy, or liquidity. And if you can’t even find out what coins you can trade on the live platform, what’s the point of practicing? In real trading, you need to know if your order will execute fast, if fees are hidden, and if withdrawals work reliably. Bit4you doesn’t provide any of that info. The demo account is a distraction-a shiny object to keep you from asking the real questions.Who Even Uses This Platform?
There are no verified reviews on Trustpilot. No detailed user stories on Reddit. No mentions in major crypto publications like CoinDesk or Cointelegraph. CryptoCompare didn’t rank Bit4you in their top 50 European exchanges. CryptoSlate didn’t even include it in their assessment of 47 major platforms. The few people who’ve mentioned it online are confused. One user wrote: "Tried signing up but couldn’t find clear info on supported currencies or fees-gave up after 20 minutes." That’s not a user experience. That’s a warning. And here’s the kicker: Belgium’s crypto market is tiny. It makes up less than 1% of Europe’s total trading volume. Bit4you isn’t dominating a niche-it’s barely existing in one.
Regulatory Risks Are Real
The EU’s MiCA regulation went fully live on July 1, 2025. It requires all crypto exchanges operating in Europe to get licensed, publish regular audits, and meet strict security and liquidity standards. Exchanges that don’t comply face fines, shutdowns, or forced closures. Bit4you claims they’re "not subject to a license." That’s not a loophole-it’s a countdown. Experts like Dr. Elise Van der Straeten at KU Leuven warn that unlicensed exchanges operating in the EU are at high risk of being shut down in 2026. If Bit4you doesn’t get licensed soon, your funds could vanish overnight. And if they do apply for a license? There’s zero public record of them even starting the process.What Are Your Alternatives?
If you’re in Belgium or Europe and want a safe, reliable exchange, you have better options:- Bitpanda: Fully MiCA-compliant, licensed in Austria, supports fiat deposits, strong security, and 3 million+ monthly users.
- Kraken: One of the most trusted global exchanges, audited, transparent, supports 200+ coins, and has deep liquidity.
- Bybit: Offers low fees, advanced trading tools, and is expanding its EU compliance efforts.
- Coinbase: Available in most EU countries, regulated, easy for beginners, and has insured hot wallets.
Final Verdict: Avoid Until Proven Otherwise
Bit4you isn’t a scam. Not yet. But it’s not a real exchange either. It’s a placeholder. A website with a Belgian address and no substance. No volume. No users. No audits. No support. No future. If you’re looking to trade crypto in Europe, don’t gamble your money on a platform that doesn’t even know how to show you its own balance sheet. The risks far outweigh any perceived benefit of using a "local" exchange that doesn’t exist in any meaningful way. Stick with platforms that are open about their operations. Platforms that publish their numbers. Platforms that have been tested by millions of users and regulators alike. Bit4you might be a footnote in crypto history one day. Don’t let your portfolio be part of that footnote.Is Bit4you a legitimate crypto exchange?
Bit4you operates as a centralized exchange based in Belgium, but it lacks a MiCA license, publishes no trading volume, and provides no proof of reserves or security audits. While it’s not confirmed as a scam, its lack of transparency and minimal user activity make it unreliable and high-risk for real trading.
Can I trust Bit4you with my crypto?
No. Bit4you doesn’t publish any information about cold storage, insurance, or third-party audits. Without proof of reserves, there’s no way to know if your assets are actually held on the platform. Many experts warn that unlicensed exchanges under MiCA are at high risk of sudden shutdowns.
Does Bit4you support fiat deposits?
Bit4you claims to offer fiat on-ramps, but it doesn’t specify which currencies are supported (EUR? USD? BEF?). There are no clear instructions on how to deposit, no fee schedule published, and no examples of successful deposits in user reports. This lack of clarity makes it unusable for most people.
Why doesn’t Bit4you have any reviews?
Because almost no one uses it. Trustpilot has zero verified reviews. Reddit has only three mentions in over a year, all from confused users. The platform’s social media accounts have under 2,000 followers combined and show almost no engagement. Low usage = no feedback.
Is Bit4you still active in 2026?
The website hasn’t been updated since mid-2025, and there’s no public sign of development, licensing applications, or new features. Industry analysts predict that exchanges without MiCA licensing and under $5 million in annual volume will be forced out of the European market by 2026. Bit4you meets none of those requirements.
What should I use instead of Bit4you?
For European users, use Bitpanda (licensed in Austria), Kraken (global leader with full transparency), Coinbase (user-friendly and regulated), or Bybit (low fees and strong tools). All have published audits, high liquidity, and active customer support. Bit4you doesn’t come close.
Rob Duber
January 30, 2026 AT 12:25This exchange is a ghost town with a fancy logo. I checked their site last week-no updates, no support, no volume. Just a Belgian address and a demo account that doesn’t even simulate withdrawals. If you’re putting crypto here, you’re not investing-you’re donating to a tech museum.
Akhil Mathew
February 1, 2026 AT 00:39Same. I tried signing up last month. Took me 25 minutes just to find out if they support EUR deposits. No answer. No FAQ. No email reply. I gave up and went to Bitpanda-got verified in 8 minutes. Bit4you feels like a website built by someone who read a crypto guide once and got excited.
Christopher Michael
February 1, 2026 AT 21:00Let’s be real-MiCA isn’t just bureaucracy. It’s the bare minimum for consumer protection. If Bit4you isn’t even applying for a license, they’re not just lazy-they’re ignoring legal obligations that exist to prevent exactly this kind of shell game. No audit? No reserves? No support? That’s not a startup. That’s a time bomb with a .be domain.
Pamela Mainama
February 2, 2026 AT 19:40Don’t risk it. There are so many better options. Why gamble your coins on a site that doesn’t even answer emails?