Altilly Broker Review

Altilly 2025 Review: Everything You Need to Know

　　Altilly, a cryptocurrency exchange established in 2018, has garnered mixed reviews from users and experts alike. While it offers a wide range of cryptocurrencies for trading, its history of security issues and user complaints raises concerns about its reliability. This review will delve into the key features, user experiences, and expert opinions about Altilly to provide a comprehensive understanding of its current standing in the crypto market.

　　Note: It's important to highlight that Altilly operates under different entities in various regions, which may affect user experiences and regulatory compliance. This review aims to present a balanced view based on available information.

Rating Overview

　　How We Rated the Broker: Ratings are based on a combination of user feedback, expert opinions, and factual data gathered from various sources.

Broker Overview

　　Altilly is a cryptocurrency exchange based in the Netherlands, launched in 2018. The platform supports trading in a diverse range of cryptocurrencies—267 in total—offering users access to both popular and lesser-known altcoins. Altilly does not operate on traditional trading platforms like MT4 or MT5; instead, it provides its own web-based trading interface. Notably, Altilly has faced significant challenges, including a major hack in December 2020, which has influenced its reputation and operational status.

Detailed Analysis

　　Regulated Regions: Altilly operates primarily in the Netherlands, and while it does not explicitly prohibit US investors, users are advised to conduct their own due diligence regarding regional regulations.

　　Deposit/Withdrawal Options: Altilly exclusively accepts cryptocurrency deposits, which may limit access for new investors who prefer to use fiat currencies. Withdrawal fees are set at 0.0005 BTC per transaction, which is competitive compared to industry standards.

　　Minimum Deposit: The platform does not specify a minimum deposit requirement, making it accessible for users looking to trade with smaller amounts.

　　Bonuses/Promotions: Currently, there are no notable bonuses or promotional offers mentioned in the available reviews.

　　Trading Asset Classes: Users can trade a wide array of cryptocurrencies, with 267 different coins available on the platform.

　　Costs: Altilly charges a taker fee of 0.12%, while makers benefit from a unique fee structure that pays them a bonus of -0.01%. This structure is designed to incentivize liquidity on the platform.

　　Leverage: As per the available information, Altilly does not offer margin trading, which may deter traders looking for leveraged trading options.

　　Supported Platforms: Altilly does not support popular trading platforms like MT4 or MT5, limiting users to its proprietary web interface.

　　Restricted Regions: While there are no explicit restrictions mentioned, users from certain regions should verify their eligibility and compliance with local laws.

　　Customer Service Languages: Altilly's customer service primarily operates in English, with support available through email and an FAQ section on its website.

Repeated Rating Overview

Detailed Breakdown

• 　　Account Conditions (4/10): Users have reported difficulties in account reactivation and withdrawal processes. Some reviews highlighted that reactivating accounts for withdrawals can be cumbersome, which detracts from the overall user experience.

• 　　Tools and Resources (5/10): The platform offers basic trading tools, but lacks advanced features found in more established exchanges. Users may find the interface straightforward, but it does not provide extensive analytical tools.

• 　　Customer Service and Support (4/10): Customer support has received mixed reviews, with some users praising responsiveness while others reported delays in receiving assistance. The FAQ section is somewhat helpful but lacks comprehensive coverage of common issues.

• 　　Trading Setup (5/10): The trading experience is generally smooth, although liquidity remains a concern. Users have noted that trading volumes can be low, which may affect order execution speed.

• 　　Trustworthiness (3/10): Altilly's history of security breaches and inconsistent user experiences contributes to a lower trust rating. Many users express skepticism about the platform's reliability, especially following the 2020 hack.

• 　　User Experience (4/10): Overall, user experiences vary widely. While some users have successfully navigated the platform and withdrawn their funds, others have faced significant challenges, leading to frustration and distrust.

• 　　Security Measures (3/10): Despite implementing two-factor authentication and cold storage for funds, the previous hack raises serious concerns about the platform's security. Users remain wary of potential vulnerabilities.

　　In conclusion, the Altilly review reveals a platform that, while offering a diverse range of cryptocurrencies and competitive fees, struggles with trust and security issues. Potential users should weigh these factors carefully before deciding to engage with the exchange.